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Central Visayas closed 2025 as the country's largest regional economy outside Metro Manila, posting a gross regional domestic product (GRDP) of P1.32 trillion, according to the Philippine Statistics Authority. The 2025 result followed three consecutive years in which Central Visayas ranked as the fastest-growing major regional economy, even as growth slowed that year. Per capita GRDP rose 2.7 percent to P192,739 in 2025 from P187,622 in 2024, continuing a three-year upward trajectory — though it remained 5.5 percent below the national figure and well below NCR's.
Cebu and Pampanga are emerging as the country's strongest provincial growth drivers as infrastructure investments, expanding office developments, and the rapid growth of logistics reshape the Philippine property market beyond Metro Manila, according to Lobien Realty Group (LRG).
The Philippines enters the second half of 2026 with its real estate industry navigating unusual conditions. Lobien Realty Group breaks down the outlook into three economic scenarios showing how the Iran war could affect the sector for the rest of the year, benchmarked against the IMF's baseline-adverse-severe framework, the World Bank's 3.7 percent growth forecast, and the Asian Development Bank's 2.8 to 4.4 percent range.
Balance Greater Metro Area (GMA) continues to have the highest loan share in the residential market, while Southern and Central Luzon maintain their leadership when it comes to the industrial market, specifically the warehouse market. Lobien Realty Group (LRG) presented these trends during its mid-year media briefing on July 9.
Lobien Realty Group is the No. 1 Realty Property Provider in the Philippines. We provide office and commercial spaces, lots and properties for sale/lease in the cities of Makati, Taguig, Pasig, Mandaluyong, San Juan, Pasay, Parañaque, Las Piñas, Quezon, and Caloocan.