The Philippine real estate industry is poised to thrive under Donald Trump’s presidency, according to Santos Knight Frank, an integrated real estate services firm.
Rick Santos, the company’s chairman and CEO, expressed optimism during a press briefing, highlighting Trump’s background as a prominent real estate figure. “President Trump is a businessman and a real estate guy. His leadership could bring positive impacts to the Philippine real estate sector,” Santos said.
He emphasized that Trump’s global trade policies, alongside the Philippines’ newly enacted CREATE MORE Act, are expected to boost the country’s industrial and manufacturing sectors. The CREATE MORE Act, spearheaded by the Marcos administration, aims to create an investment-friendly environment that encourages business growth and fuels demand for real estate.
Santos noted that the Philippine real estate market is already benefiting from proactive government measures, with Manila topping Knight Frank’s Prime Global Cities Index for residential price growth. “Demand in the residential segment remains strong, driven by limited supply and steady price increases,” he added.
He also praised the improving US-Philippine relations, citing strategic and business benefits. “From trade to defense, the strong partnership between the two countries is paving the way for more opportunities,” Santos said.