PROPERTY listing site Lamudi Philippines said Cebu City was the most in-demand location outside of the National Capital Region as it registered the most number of property searches in the first nine months of the year.
In a statement late last week, Lamudi noted that Cebu City was the most searched for location by online property hunters looking for houses and lots for sale.
Following Cebu City were Davao, Tagaytay, Antipolo and Bacoor, while Baguio, Imus, Santa Rosa, Lapu-Lapu and Mandaue made it to the bottom half of the list.
“It must be noted that four of the top 10 areas are relatively a short distance away from the Philippine capital, and are places considered part of the Greater Manila area,” Lamudi noted.
The areas in the top 10 located near Metro Manila are Antipolo, Bacoor, Imus and Santa Rosa, while Lapu-Lapu City and Mandaue City are located in Metro Cebu.
Lamudi also noted the significant amount of vacation home searches.
“Traditional touristy places Baguio and Tagaytay generated plenty of online searches, most likely from people looking for vacation homes,” the property listing site said.
It emphasized that traditional houses and lots remained the most searched for property type outside of Metro Manila despite the rise of new apartment complexes and condominium developments in some of these areas.
It said 55 percent of the property searches made for Cebu City from January to September 2016 on the Lamudi website were for houses, while a higher percentage of house searches were made in other cities located outside of Metro Manila—such as Antipolo (87 percent), Bacoor (84 percent), and Santa Rosa and Imus (78 percent).
“It is interesting to note that these cities are dubbed as ‘bedroom communities’—places that are home to a large number of people who commute to and work in Metro Manila,” Lamudi said.
Meanwhile, it said apartments and condominium developments were the second and third most searched for property types in areas outside of Metro Manila.