Lamudi 2022 Hotspots Unwrapped

Lamudi:
2022 Real
Estate Hotspots
Unwrapped
In this annual report,
Lamudi revisits some of
its top-performing cities
in 2022. Find out what
projects and programs
have driven leads for
these hotspots in the last
year.
lamudi.com.ph

Antipolo
#1
Most inquired city in
CALABARZON
Antipolo continued to be one of the most
searched cities in Mega Manila in 2022. It
attracted the most leads out of all cities in
CALABARZON, and was the most searched
location for land for sale under PHP6M.
Antipolo was also among the top
generators of rental leads for Metro Manila
CBDs. Other than offering an increasing
supply of residential real estate in 2022,
Antipolo also continues to have a strong
market for industrial and commercial real
estate. The city added more commercial
leasable space to its rental supply with the
expansion of Robinsons Place Antipolo in
September.
#12
Most searched term
on Lamudi
48.5K
Monthly ave.
pageviews
1

Tagaytay
#1
Most inquired city in
Cavite
#10
Most searched term
on Lamudi
42.4K
Monthly ave.
pageviews
Following the pandemic and consequent tourism slump, Tagaytay
appears to have boasted a strong resurgence in demand throughout
2022.
Tagaytay has demonstrated a strong market for short-stay rentals,
second homes, and interest from overseas property seekers. It was
the most searched city in Cavite in 2022, and is slated to continue
attracting more investment as accessibility to Tagaytay further
improves. Infrastructure projects such as the Cavite-Batangas
Expressway and a new section of the Cavite Laguna Expressway
made progress in 2022, with the proposal for the former being
greenlighted and the latter nearing completion.
2

Sta. Rosa
#1
Most inquired city in
Laguna
#20
Most searched city
by seekers from
Metro Manila
28.7K
Monthly ave.
pageviews
Sta. Rosa was the most searched city in Laguna in 2022. As an
important thoroughfare between Metro Manila and southern Luzon,
Sta. Rosa is an in-demand location for prime industrial real estate.
The city continued to develop its capacity for hosting industrial and
commercial locators last year. In 2022, PLDT Inc. broke ground for
VITRO Sta. Rosa - its largest data center thus far. Sta. Rosa is also
one of the cities to benefit from Macquarie Capital’s investment in a
1,300-megawatt floating solar plant on Laguna Lake, the agreement
for which was formalized in September 2022.
3

Lipa
#1
Most inquired city in
Batangas
Photo courtesy of Budji Royal
As the most searched city in Batangas in
2022, Lipa is another major residential
hotspot south of Metro Manila. Major real
estate developers have broken ground in
the city over the last few years, with the city
now home to various townships, estates
and subdivisions. Lipa residents can look
forward to new shopping and dining options
nearby, with developers such as Ayala Land
Inc. activating a 1,500 sqm retail project in
the city.
15.4K
Monthly ave.
pageviews
#20
Most searched city
by seekers within
Luzon
4

Lucena
#1
Most inquired city in
Quezon Province
Increased access to Lucena, the most
searched city in Quezon Province in 2022,
is in the works. Progress on ongoing
infrastructure projects in Lucena have been
made over the last year. These include the
signing of the toll operations agreement for
South Luzon Expressway (SLEX) Toll Road
5, a 417-kilometer toll road starting in
Mayao, Lucena City and ending at Matnog,
Sorsogon. Moreover, the SLEX Toll Road 4
— which extends from Sto. Tomas,
Batangas to Lucena — is scheduled to fully
open in 2023.
29K
Annual pageviews
5

Bacolod
#4
Most inquired city by
seekers within
Visayas
Photo courtesy of Carmela Nava via Flickr
Bacolod’s vertical residential market upshot
in 2022. While the city’s residential supply
on Lamudi is dominantly composed of
houses and land, condominium listings
increased by 116% from the month of
January 2022 to December 2022. Project
updates in 2022 include the announcement
of Megaworld’s investment in its hospitality
line Kingsford Hotel in Bacolod, the topping
off of Rockwell’s first condominium tower in
Bacolod, and Cebu Landmasters’ launch of
Casa Mira Towers Bacolod Tower 1.
12.1K
Monthly ave.
pageviews
6

Baguio
#1
Most inquired city in
Luzon
#12
Most viewed city for
house rentals under
Php 60K
58.8K
Monthly ave.
pageviews
Baguio was the most searched city in Luzon outside Metro Manila in
2022. The Summer Capital of the Philippines made a resurgence in
2022, with tourist arrivals to the city hitting near pandemic levels.
Baguio pulled 46% more inquiries in December 2022 compared to
January 2022, with apartments followed by houses attracting the
bulk of leads. Inquiries for Baguio rentals were highest in August
2022, following the passing of the law creating the Metro Baguio
Development Authority — an agency in charge of planning and
delivering basic services in Baguio City and neighboring towns.
7

Cebu City
#1
Most inquired city in
Visayas
#4
Most inquired city in
the Philippines
99.8K
Monthly ave.
pageviews
Interest in Cebu City real estate remained robust throughout 2022.
The city is consistently the most inquired location in Visayas and
among the top ten most inquired locations in the Philippines. There
was a double-digit increase in leads comparing the first and last
months of 2022, with vertical developments attracting the largest
share of inquiries out of all other property types. Other than the
opening of Cebu’s first toll bridge, the Cebu-Cordova Link
Expressway (CCLEX), the city saw the ribbon-cutting of a number of
new commercial and hospitality developments in 2022. This
includes Nustar Resort and Casino, which has drawn more visitors to
the southern part of the city, the launch of LEED gold-certified
building JEG Tower @ One Acacia, and the unveiling of Filinvest
Cyberzone 2.
8

Davao City
#6
Most active property
seeker market
#12
Most inquired city on
Lamudi
42.8K
Monthly ave.
pageviews
Davao was the most searched city in Mindanao throughout 2022.
Condo supply in the city increased by 11%, while leads for the same
increased by 154% from January to December 2022. This may be
driven by the progress of infrastructure projects benefiting Davao
City residents, such as the High Priority Bus System, Mindanao
Railway Project, and the renovation of the Davao International
Airport. Improved transit and accessibility in the city between the
rest of the region further cements its status as a gateway to
Mindanao. In November 2022, the Bureau of Customs announced
plans to position the Port of Davao as an alternative logistics hub in
Southeast Asia.
9

Lapu-lapu
#1
Most viewed city for
house rentals under
Php15K
Lapu-lapu was the most searched city for
house rentals under Php15K in 2022. The
beach town and export processing zone
has attracted investment from property
seekers looking into second homes and
potential rentals with its beachfront
residential developments. These include
projects by homegrown developers such as
Land Caster Estates' the Reef, the
condominium of which opened its serviced
apartment units and restaurant in 2022;
Apple One's Sheraton Cebu Mactan Resort
and Residences and Priland’s Paseo Grove.
Rockwell’s first residential resort project —
Aruga — is also located in Lapu-lapu.
#2
Most inquired city in
Visayas
24.1K
Monthly ave.
pageviews
10

Mandaue
#3
Most inquired city in
Visayas
13.8K
Monthly ave.
pageviews
#16
Most inquired city for
commercial listings in
the Philippines
Mandaue was the third most inquired city in Visayas in 2022, with
vertical developments attracting the bulk of leads for the city that
year. Condominium projects such as Amaia Steps Tower 2 and
Mandani Bay Tower 3 were delivered in 2022. Tower 4 of Tipolo
Residences, the socialized housing condominium project by
Mandaue City and Cebu Landmasters, broke ground in July 2022.
As for Mandaue City supply on Lamudi, commercial properties
contributed the most supply out of all other property types.
Commercial lots, warehouses and offices subcategories contributed
to the most searches. New office supply that firms looking into Cebu
can watch out for include Harbor Centre, a P2-billion office and
commercial joint venture between Mandaue City and Priland Dev’t.
inked in February 2022.
11

Lamudi:
2022 Real
Estate Hotspots
Unwrapped
Need to request the latest trends for a particular
real estate market or region? Contact:
Mark Bailey
Director, Corporate Accounts
mark.bailey@lamudi.com.ph
+63 917 510 0950