By Richmond S. Mercurio
(The Philippine Star) | Updated November 20, 2015 - 12:00am
MANILA, Philippines -
Quezon City, Tagaytay and Baguio have topped the list of the most sought-after
locations in the country for raw land, a new report by global online property
portal Lamudi showed.
“If you own either a
residential lot or a raw land and plans to sell it, then your property better
be in Quezon City, Tagaytay, or Baguio to get as much inquiries as possible,”
Lamudi Philippines said.
Lamudi said many of those
searching for available land for sale in these areas are either real estate
companies looking for potential new areas to develop or private buyers looking
for available lots to build their own vacation homes.
Tagaytay and Baguio, in
particular, are both tourist hotspots popular during the summer and Christmas
seasons, Lamudi said.
Following the three cities
in terms of popularity are Davao and Antipolo, cities with high population and
popular among buyers looking to buy land on which to build their homes.
Lamudi said 95 percent of
all land for sale in Antipolo listed in its website are residential lots, while
it stands at 67 percent for Davao.
“Clearly there are cities
preferred by people researching about land for sale online, and we hope these
findings will give real estate developers insight into how to properly plan
their next projects,” Lamudi said.
