Manila Residential Market Dynamics Q3 2026

• Residential sales absorption reached 927 units in Q3 2026, led by demand from high-net-worth buyers, while leasing activity contributed to a vacancy rate of 6.2%, a 4.7 bps decline quarter-on-quarter. 
• A total of 951 units were delivered in Q3 2026, with 820 units already pre-sold, and supply is expected to remain constrained through year-end with only 259 units remaining in the pipeline.
• Rental rates rose 0.2% quarter-on-quarter to PHP 884.4 p.sq.m., capital values increased to PHP 306,829 p.sq.m., and yields edged down to 3.5%, with stable fundamentals anticipated ahead.

For additional context on findings in the latest report, download the prior Q2 2026 Manila Residential Market Dynamics report.