Property investors need to keep up to date with the trends. They should determine whether it's a good time to buy or sell. And they need to know where to put their money: certain locations -- such as rising business districts -- are much more profitable. Real estate is a varied industry, composed of sectors like residential, business, and commercial. Should the investor purchase a home? Or should he put his capital into an office to rent? There's a slew of factors to consider, and it takes due diligence, intensive research, and an understanding of the market to be successful at this high-stakes practice.
Consultancy firms exist to this end. They're companies of experts that can advise and steer you toward profitable property investments. Additionally, some of these firms publish quarterly market research and insights on their websites, which investors can check to keep informed.
Here are three firms that provide free research, studies, and insights on the real estate industry:
The local arm of the Fortune 500 firm, CBRE Group, Inc. CBRE Philippines offers an array of real estate services, from investments and capital markets, property, project, assets, and facilities management, valuation and advisory, and general research and consultancy. They publish quarterly reports on the Metro Manila market on their website.
A big player in its industry, JLL Philippines is the local chapter of international real estate services firm Jones Lang LaSalle. They publish extensive digests, indexes, and reports, which may be downloaded from their website.
KMC Mag Group
A local real estate company providing a range of services, the firm is touted to be one of the fastest-growing of its ilk in the country. It is affiliated with the global property firm Savills, which is listed in the London Stock Exchange. The Group publishes quarterly reports and other studies, which may be accessed on their website.