Better Payment Terms From Two Condo Development Giants in the Philippines

SM Prime and Ayala Land to Offer More Flexible Payment Terms to Condo Buyers

Ayala Land and SM Prime postpone new projects to work down their inventories so they can provide better offers to now highly guarded homebuyers. If you’re waiting for the right time to invest in a condominium unit in the Philippines, you might enjoy the current advantage of having a balanced power. Let’s get to know the better payment terms these major condo developers want to offer Filipino buyers right now.

​Why Wait When You Can Buy Now?

The so-called balance of power is apparently shifting in the buyer’s favor as we speak. SM Prime and Ayala Land, two of the biggest property developers in the country, are postponing project launches to focus on selling their residential units instead. This could be a great time for investors to consider buying a unit with more favorable payment terms.
Ayala Land, for instance, is offering longer payment periods of up to five years for selected units and exclusive discounts to homebuyers who can pay faster. According to the CEO of Ayala Land, payment terms are based on project age, how fast units are sold, and the location. Meanwhile, they are more aggressive by offering longer payment periods for older units with slower sales. However, Ayala Land encourages homebuyers to opt for the shorter payment term under selective discounts as the best option.

Demand Remains Steady Despite Oversupply

The condo market in Metro Manila continues to suffer from oversupply. According to Leechiu Property Consultants’ latest report, unsold condominium inventories remain at an all-time high during the first half. However, demand remains steady as buyers have taken up more than 7,000 condo units in the first half, while demand for residential properties went up by 6% during the quarter.
Currently, the market offers the best options for buyers in terms of payment and discounts. Since property developers like Ayala Land and SM Prime are clearing their inventories, you should take advantages of the better opportunities while they last. The aggressive strategy for Ayala is remarkably working for them. In fact, they have cut their residential inventory down to PHP 110 billion just last month from PHP 214 billion since 2024.
SM Prime, on the other hand, is improving their sales quality for existing inventory. The plan is to sell their inventories before launching new residential projects in Metro Manila. Fair enough for both major developers in the country looking to reduce unsold units, while buyers can benefit from the incentives and exclusive discounts if paid faster.

Final Thoughts

Now is the time to explore opportunities in the real estate market as more developers offer more flexible terms to buyers. As long as there is oversupply and developers are trying to clear their inventories, it’s a smart move to take advantage of the incentives being offered. To start your condo shopping journey, visit REALS.PH for our exclusive listings of condominiums for sale in Baguio City and other prime properties in the best locations across the Philippines.