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2021 Interview of 429 Experts around the World on Covid-19
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Roberto de los ReyesCountry: philippines
City: lipa
Position: Secretary General
Organization: Philippine Association of Real Estate Boards Inc.
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
There is a growing utilization of information technology in most processes of the operation of businesses including industries. More automation of the processes will be witnessed in the coming years in various businesses of various scale. It is going to be capital intensive in many companies.
How should we adjust ourselves in real estate business?
There is a necessity to embrace the technology being introduced including the use of alternative source of energy, the solar energy. To be competitive everyone must adjust or invest in developing his information technology knowledge and skills and one needs to be forward thinking in his perspective of things.
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
