Quezon City Carries The Metro Manila Condo Glut While BGC Stays Tighter

Metro Manila's condo oversupply is not evenly spread, with Leechiu's latest market work showing Quezon City carrying far more unsold stock than BGC, Taguig or Makati.

The Headline Inventory Is Large

Leechiu put Metro Manila unsold condominiums at roughly 81,000 units across 621 actively selling buildings, equal to about 31 months of supply at recent take-up rates.

Finished Stock Matters Most

About 32,400 units were ready for occupancy and another 48,600 were pre-selling. RFO units usually create more room for payment-term incentives and price negotiation.

The District Split Changes Strategy

Quezon City held around 19,300 unsold units, while BGC and Taguig together had about 2,100 and Makati about 3,800. End-users looking for concessions should start where inventory is deepest.

Outlook

The Philippines' next signal is whether 2026 vacancy peaks as Colliers expects. Metro Manila buyers should compare district inventory and secondary-market yields before accepting primary prices.

Philippines Deal Checks

For Philippines, the practical check is whether this local signal is visible in signed contracts, bank approvals, registered transfers, lease negotiations, completed works or enforceable public rules. Buyers should compare Metro Manila, Quezon City, BGC with title documents, service charges, financing terms, physical condition, tax exposure, handover timing, official notices, comparable local evidence, vacancy and realistic exit demand before treating the latest news as a price guarantee.

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