Empire East Land Holdings Inc.'s three-decade expansion in Mandaluyong City has produced 40 completed residential towers, underscoring how the developer's projects have evolved alongside changing housing patterns in Metro Manila.
Empire East Land Holdings Inc. is lowering the upfront cash hurdle for buyers of selected ready-for-occupancy condominiums, using a 3.2 percent move-in payment to make its remaining completed inventory more accessible.
Empire East Land Holdings Inc. said most buyers in its core mid-income market are purchasing homes for long-term use rather than investment, making rental yields a less important factor in buying decisions.
Empire East is sustaining its focus on the middle-income housing market as segments of the broader residential property sector, particularly luxury developments, undergo recalibration amid changing market conditions.