Industry experts to tackle new homebuyer behaviors
Following the successful roundtable discussion last September, Lamudi will hold another virtual event on October 29, titled New Behaviors, New Demands: What Matters to Homebuyers Now. Interested individuals can tune in and learn more about the current state of the real estate market. This new installment to Lamudi’s roundtable series will revolve around the emerging market preferences and behaviors at the backdrop of the pandemic. New Rules: Lifestyle Changes to Prepare for The first track of the Lamudi roundtable discussion will feature panelists from different real estate segments: Markus Nisula, Managing Director of KONE Philippines; May Lopez, Vice President and Business Unit Head of I-Land; Elizabeth Ventura, President of Anchor Land Holdings, Inc.; Felimon Yee, Jr., Vice President for Business Development and Customer Turnover of DataLand, Inc.; and Jenna Belardo, AVP and Business Unit Head for Property Sales of Ortigas Land. With the theme ‘New Rules: Lifestyle Changes to Prepare for’, panelists will zoom in on the housing trends that have emerged since the pandemic hit. With home buyers adopting new ways of living and recalibrating priorities, experts expect a change in behaviors and preferences in terms of residential arrangements. In the previous roundtable discussion, industry players have mentioned the movement away from the city and into suburban hotspots. In fact, some stressed that regional centers are the first to bounce back from the pandemic crisis. For the upcoming virtual event, panelists will tackle if these trends are also happening in their own development projects and forecast if these will stay beyond the pandemic. Aside from location and house type trends, changes in preferences in maintaining a balanced lifestyle (live, work, play) will likewise be discussed. The speakers will share the ways they are supporting such demands brought by the new normal. Lamudi’s trend report released in August, The Outlook on the Residential Market: Property investment as a safe haven during a crisis, outlined the top-searched amenities, which point to a greater focus on improving quality of life while in quarantine. This includes swimming pools (11 percent of searches), airconditioning equipment (nine percent), WiFi (eight percent), and balcony (six percent). Connectivity amenities such as stable internet connection have been identified as a must-have in the previous roundtable discussion, as almost all human activities, from work to learning, were concentrated in the home. These emerging preferences for home features will be discussed at length at the upcoming virtual event, as the panelists disclose the immediate solutions they applied to support the market’s new ways of living. Finally, the experts will talk about the short-term and permanent changes they see in the industry. Sharing their adjustments in business operations, they will bare plans on how to move forward into the post-pandemic era.