Housing segment most competitive market in PH

THE residential market remains the most competitive among the real estate segments in the country, according to local firm Pinnacle Real Estate Consulting Services, Inc., whose main business is to manage property assets.

“This segment of the real estate market is the most competitive at present, since a lot of players have been cashing in from this very profitable property sector,” Pinnacle said in its Market Insights report for December. “Whispers of property bubble are even pertaining to a smaller segment, the condominium market. But the country’s top real estate developers are not shying away from competition in the residential market.”