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The Philippine real estate market has recently shown a distinct "polarized pattern": the office market has welcomed a supply peak, while the residential market has fallen into a sales slump. Particularly after the withdrawal of the POGO "wild" group, residential demand in Manila plummeted, leading t
In mid-2024, the Philippine government announced a complete ban on offshore gaming operators (POGOs), adamantly claiming that the impact on the real estate market would be limited. Finance Minister Ralph Recto even promised that the government would assist 40,000 POGO workers in transitioning to new
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