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Quezon City, Tagaytay, Baguio top list for preferred property sites


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.

Lamudi said the report also revealed Filipinos are not too keen into buying residential land within the National Capital Region, either due to lack of supply, unaffordability, or both

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