📢 Metro Manila's Condo Market Crisis: Why Buyers Are Choosing Townships Over Vertical Living 🌿

The Metro Manila condominium market faces a significant challenge as oversupply reaches record-breaking levels. According to Leechiu Property Consultants (LPC), there are currently 67,600 unsold units across 510 buildings, marking the highest inventory since the pandemic. This glut has prompted homebuyers and investors to reconsider their options, fueling a shift toward horizontal developments in emerging townships outside the metro.

The Condo Oversupply Explained
The condominium market has reached a 29-month supply, meaning it would take nearly 2.5 years to sell all the unsold units at the current sales pace. Factors driving this oversupply include:

High Interest Rates: Lending rates peaked at 6.5% in 2023 and, while easing to 6.25%, remain elevated.
Muted Demand: Only 6,885 units were sold in Q3 2024, marking the lowest quarterly take-up since the pandemic.
Buyer Preferences: More buyers are favoring horizontal developments like single-detached homes over compact condominium units.
Developers are now forced to resell, reintroduce, or delay launching new projects as they adapt to shifting market demands.

Why Buyers Are Choosing Townships Over Condos
Homebuyers are increasingly drawn to townships located in Cavite, Laguna, and Batangas (CALABA) due to several advantages:

Bigger Spaces: Townships offer larger lots and homes, ideal for growing families or individuals seeking comfort and freedom.
Proximity to Nature: Townships like Arden Botanical Estate provide greener environments, scenic landscapes, and amenities promoting wellness.
Accessibility: Located along major expressways, townships in CALABA connect seamlessly to Metro Manila and nearby economic zones.
Investment Value: As demand for horizontal living grows, properties in townships are seeing steady appreciation, offering better long-term returns.

Why Arden Botanical Estate is the Future of Living 🌿
Located in the heart of Cavite, Arden Botanical Estate redefines modern living by integrating wellness, nature, and accessibility. As the first botanical township in the Philippines, Arden offers:

Spacious residential communities like The Lindgren Village, inspired by Scandinavian architecture.
The Arden Shophouse and Commercial District, providing opportunities for business and investment.
A vibrant lifestyle hub with gardens, walking paths, and amenities designed for relaxation and family bonding.