Online survey shows PH’s top property buyers are women

By Edd K. Usman

Women are the country’s top buyers of real estate, a survey conducted by OLX Data Hub and Property24 showed.

Photo shows OLX Philippines executives (from left) Raffy Montemayor, general manager; Ferdie Perez, head of real estate; Jean Magboo, head of marketing; and Carlo Rosales, marketing manager

Photo shows OLX Philippines executives (from left) Raffy Montemayor, general manager; Ferdie Perez, head of real estate; Jean Magboo, head of marketing; and Carlo Rosales, marketing manager

In the survey conducted on more than 100 respondents, 77 percent were women and 73 percent were married. Furthermore, the profile of property buyers included being employed (79 percent), had an average budget of P1.5 million, and were at an average of 40 years old.

Ferdie Perez, OLX Philippines head of operations and real estate, presented the study on Sept. 20 in Bonifacio Global City, Taguig City.

Proximity to commercial shops and accessibility were among the top considerations for buying property, next to kids infrastructure, public services, and safety.

“Moms care about their family, care about their household. The home is really managed by the mother, so they are looking for a property that is near a store, school, transportation, and, of course, public safety because they look after their family,” Perez said.

Moreover, of those surveyed, 34 percent said they preferred an empty lot when buying a property, 75 percent were looking for residential property, while only 2 percent were looking for property to be used as an investment.

Most respondents said they preferred Quezon City as the place in Metro Manila where they want to own a property.

According to the Philippine Statistics Authority (PSA), Cavite, Batangas, and Laguna sees the most number of available real estate at 8,392 or 23.9 percent. The agency said the rate of property construction this year has increased as compared to the previous year.

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