Property industry remains optimistic

Property industry leaders are maintaining their optimism on the recovery and the resilience of the country’s real estate sector.

In a virtual briefing organized by property technology firm PropertyGuru Philippines on Tuesday, Tajara Leisure and Hospitality Group Inc. President Cyndy Tan Jarabata said the industry would continue to be resilient amid the challenges posted by the coronavirus disease 2019 (Covid-19) pandemic.

PropertyGuru Asia Property Awards and Events Managing Director Jules Kay also emphasized the innovation the industry is seeing.

“The industry keeps moving and finds new ways for investors, buyers [and] developers to work. So, it’s not coming to a complete stop, it’s looking at how to work with the new environment that it’s been given,” Kay further said.

In the same briefing, PropertyGuru also introduced the 9th year of the PropertyGuru Philippines Property Awards, which will happen virtually in November.

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