Workers willing to pay more to avoid traffic

DEMAND for condominiums and co-living facilities is on the rise as more employees are choosing to live near business districts amid worsening traffic in Metro Manila, according to a real estate consultancy company.

In a recent briefing in Makati City, Colliers International Senior Researcher Joey Roi Bondoc said results of his firm’s survey showed that 45 percent of employees in the National Capital Region (NCR) were willing to live near their workplace on account of the one to three hours they spend traveling to the business districts.