Price index of condominium units Philippines 2016-2023

Published by
Christy Balita,
Apr 16, 2024

In 2023, the price index of condominium units in the Philippines was 204.4 index points. The index points of condominium units in the country have significantly increased over the last five years - except for a slight decrease in 2021. 

The Residential Real Estate Price Index (RRPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

Price index of condominium units in the Philippines from 2016 to 2023

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Release date

March 2024

Region

Asia, Philippines

Survey time period

2016 to 2023

Supplementary notes

Base value was Q1 2014 which was equivalent to 100 index points.

Values were based on bank reports on residential real estate loans granted per BSP Circular No. 892 dated November 16, 2015.

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