DAVAO CITY’s condominium stock is projected to increase to 41,870 units by end-2029 from 27,760 units at end-2025, as major infrastructure projects continue to support the residential market, according to property consultancy Colliers Philippines. The report, published by BusinessWorld, noted that the projected stock would place Davao behind Metro Cebu, whose condominium inventory is expected to reach 108,900 units by end-2029.
Colliers attributed the sustained take-up to ongoing and upcoming infrastructure developments in Davao City, including the Davao City Expressway and other transport projects. These are expected to boost economic activity and attract more residents, driving demand for residential condominiums.
The consultancy added that the average take-up rate in Davao has remained robust, supporting developer confidence and new project launches. Colliers sees the city’s residential market continuing to expand, albeit at a more measured pace compared to the faster growth seen in Metro Cebu.