The Asian Development Bank plans to lend some $3 billion (P154 billion) to the Philippines this year as the country continues its way toward economic recovery from the pandemic.
. Bacoor, Cavite ranked in third place, followed by Antipolo, Rizal. Dasmariñas slid into seventh place, as Imus and Calamba trailed behind in the eighth and ninth spots, respectively.
The study noted that the pandemic may have accelerated people’s movement away from Metro Manila and into nearby provincial cities. Such locations offer more affordable properties and land development opportunities.
These hotspots are expected to grow in demand further in 2021 as home buyers continue to look for less crowded residences with wide, open spaces. Moreover, the new normal of remote work allows people to move outside the central business districts in the metro.