Property24, real estate portal of OLX group, launches in Cebu

PROPERTY24. OLX Operations Director and Head of Real Estate Ferdie Perez introduces Property24 in a press conference in Cebu City. The property portal is part of the OLX group.

Growth in real estate in the Philippines is in the “upscale” category but consumer demand is highest for “affordable” properties, an official of a real estate portal said. This does not necessarily indicate a mismatch between supply and demand. Rather, it shows that Filipinos are “upscaling” and want to see “value for their money,” said…