[Philippines, 4/24/2019] Philippine establishments engaged in buying, leasing, managing and renting out their own apartment buildings or non-residential buildings gained the most share in real estate activities in the country in 2016. These establishments also paid the most compensation per employee per year, according to the Philippine Statistics Authority (PSA).

With a dynamic real estate sector, the country stands to gain from PropertyAccess Philippines, a fast-growing real estate portal in the Philippines. It provides an online platform on which agents and homeowners can sell their property. The company helps users manage their property listings and connect with more customers in the greater Southeast Asian market.

Real Estate Activities in the Philippines

The "2016 Annual Survey of Philippine Business and Industry (ASPBI) - Real Estate Activities Sector For All Establishments," which is the latest report from the PSA for this economic segment, showed that more than 5,065 Philippine establishments in the formal sector engaged in real estate activities in 2016. Of the total, 47 percent were involved in buying, leasing, renting, and operating a self-owned apartment building or non-residential building, 26.3 percent were into developing, subdividing, and selling properties, and 12.7 percent were into contract-based activities.

Based on the data, establishments engaged in buying, leasing, renting and operating self-owned apartment buildings or non-residential buildings reached a total of PhP284,694 in annual compensation per paid employee, while those who owned or leased a property gained more than PhP284,170 per paid employee. The entire real estate sector paid over PhP27.1 billion in total compensation for employees that year. Meanwhile, those who leased out property had a total income of PhP136.9 billion.

What propertyaccess.co Can Do

PropertyAccess Philippines' listing platform helps agents and owners capitalize on the Philippines’ growing real estate market. Sellers can manage their listings through a personal landing page, unlimited listings, and a personalized dashboard. The company doesn’t ask for commissions either; it helps connect buyers and sellers free of charge. The platform also allows sellers to find customers even outside of the country as it taps into the greater Southeast Asian Market, as well.

PropertyAccess Philippines uses artificial intelligence and deep learning technology from Japan and Singapore to get the most relevant listings to buyers and the best customers to sellers. The company is also operational in over 10 countries around the world. Both buyers and sellers can trust its platform to get legitimate property deals.

About propertyaccess.co

PropertyAccess Philippines (PropertyAccess.co) encourages customers to buy smarter and rent smarter through its fast-growing real estate platform. It helps buyers discover relevant property listings in just a few clicks. It also has a real estate community and a team of agents that are ready to assist with every buyer and seller’s needs.

To know more about PropertyAccess Philippines and its services, visit https://propertyaccess.co/.