Interview: Joseph Yap What is the outlook for demand in the residential real estate sector in the coming years? JOSEPH YAP: In general, the residential real estate market will continue to be very strong given the demographics, population growth and housing backlog of the Philippines. The continued flow of remittances from overseas Filipino workers (OFWs), along with historically low interest rates, are key drivers for the residential real estate sector. The banking system is also very liquid, and many banks are aggressively cultivating their residential mortgage portfolios. As a result, homebuyers are finding it easier to finance their housing purchases. This increased liquidity will continue to … Continue reading OBG talks to Joseph Yap, CEO, Filinvest Land