What Condo Oversupply in QC Means for Buyers — and How You Can Use It to Your Advantage

If you're considering investing in a condo in Quezon City, it's important to understand the dynamics currently shaping the market — particularly the issue of condo oversupply. According to Colliers Philippines, Metro Manila is projected to see over 10,000 new condominium units delivered in 2024, with Quezon City accounting for a significant portion of this inventory due to its large land availability and high developer activity. This surge in supply has led to a more competitive environment, especially for pre-selling and near-RFO units.

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While the term “oversupply” may suggest a sluggish market or potential risks, it can present valuable opportunities for informed buyers. In an oversupplied landscape, buyers gain the upper hand, with more inventory to choose from, greater flexibility in pricing, and room to negotiate better terms with developers eager to sell units.

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Whether you're an end-user or investor, understanding how to navigate this trend — and working with the right developer — can help you secure a property that delivers both lifestyle and long-term value.

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What’s Causing the Oversupply of Condos in Quezon City

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Several key factors are contributing to the current glut in the Quezon City real estate market:

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1. Post-Pandemic Real Estate Boom

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After the pandemic restrictions lifted, developers resumed previously stalled construction projects and launched new ones to capitalize on renewed buyer interest. The rush to build, however, outpaced actual demand.

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2. Surge in Pre-Selling Projects

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Many developers launched pre-selling condos between 2021–2023, banking on speculative growth. But sales slowed as buyers became more cautious, creating an inventory buildup of near-RFO (Ready for Occupancy) and pre-selling units.

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3. Shift in Buyer Preferences

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The rise of remote and hybrid work models has made people rethink proximity to central business districts. Some opted to relocate outside Metro Manila, reducing demand for high-density vertical housing in cities like Quezon City.

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4. Economic Caution

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With inflation and rising interest rates, some potential buyers have delayed purchasing decisions, widening the gap between available units and actual take-up.

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How to Turn Condo Oversupply into an Opportunities

Despite these challenges, an oversupplied market gives serious buyers more control and flexibility. Here’s how you can turn it into an advantage.

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Compare Offers Across Reputable Developers

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With more condo developers competing for your attention, you can evaluate multiple options and select the one that offers the best mix of price, location, and quality.

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Use Competition to Negotiate Better Deals

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Don’t settle for the list price. Ask for:

• Discounts on spot cash or higher down payments
• Waived fees or taxes (e.g., transfer tax, move-in fees)
• Free appliances or upgraded finishes

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Competition makes developers more open to incentives.

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Take Time to Assess Amenities and Long-Term Value

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The market isn't moving as fast — so you have time to visit showrooms, tour model units, and compare:

• Build quality and finishes
• Location advantages (near MRT stations, hospitals, schools)
• Resale or rental potential

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Look for Near-RFO or Ready-for-Occupancy Units

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Buying a nearly ready unit minimizes the risks tied to delayed turnovers or halted construction — a common issue in saturated markets.

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Prioritize Developer Credibility Over Marketing Hype

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Not all developers are equal. Choose brands with a proven record of on-time delivery, quality construction, and solid property management — especially during market slowdowns.

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Why Developer Reputation Is Crucial

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In real estate, trust isn’t built on glossy brochures or pre-selling ads — it’s built on consistency, delivery, and long-term value. Here’s why working with an established developer makes a difference:

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• Timely Turnover, As Promised: Delays in turnover are one of the biggest risks in a saturated market. Trusted developers have the capital, experience, and project management systems to deliver units on time — even amid market challenges. This is especially important if you're buying for immediate occupancy or rental income.

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• Reliable After-Sales Service and Property Management: The buying experience doesn't end at turnover. Reputable developers invest in long-term property care — from resolving unit issues to managing shared facilities like pools, elevators, and lobbies. Well-maintained properties not only offer a better living experience but also protect your investment value over time.

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• Transparency and Legal Compliance: Top developers follow proper permitting, documentation, and compliance with HLURB (now DHSUD) and other regulatory requirements. This reduces your risk of encountering legal complications — especially with pre-selling or ongoing projects.

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• Stronger Communities and Better Planning: Established developers also build with the future in mind — incorporating green spaces, security, efficient layouts, and even master-planned communities. These factors contribute to a better living experience and higher property appreciation.

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Oversupply in the Quezon City condo market might seem intimidating at first glance, but savvy buyers know how to capitalize on it.

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With more units to choose from and developers offering competitive deals, now is a great time to invest in a condo in Quezon City — especially if you’re working with a credible developer like Torre Lorenzo.

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Remember, it’s not just about buying low — it’s about buying smart. Focus on quality, location, and long-term potential, and you’ll find real value in today’s Metro Manila real estate environment.

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Torre Lorenzo: A Developer Built on Trust and Quality

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One such name in the Metro Manila real estate scene is Torre Lorenzo, known for delivering premium residential developments that combine strategic location, upscale living, and long-term value. In a saturated market like Quezon City, their reputation for on-time delivery, superior build quality, and thoughtfully designed amenities sets them apart.

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Torre Lorenzo Loyola: Modern Living Near Top Universities

Located along Katipunan Avenue in Loyola Heights, Torre Lorenzo Loyola West Tower is a high-rise residential project designed with students, young professionals, and families in mind. It offers easy access to premier universities such as Ateneo de Manila University, Miriam College, and UP Diliman.

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Key Features:

• Studio and 1-bedroom units, perfect for students or city dwellers
• Premium amenities including study lounges, fitness centers, and function halls
• Advanced security and property management

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Ideal for: Parents investing in a unit for their children, young professionals working in Katipunan or nearby CBDs, and investors eyeing consistent rental demand.

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With a growing footprint across Metro Manila, Torre Lorenzo continues to shape well-located and thoughtfully executed developments that stand the test of time — both in livability and value retention. As you weigh your options for a condo in Quezon City, working with a developer like Torre Lorenzo offers more than just a unit — it provides confidence in your investment. Contact us or follow our page to know more.

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