National residential property prices could climb 3.2 per cent over the next 12 months in the Philippines, but the financial district of Makati is expected to see weak prices and rents, reports Pinoy:Press (21 November 2020). A report Q4 Philippines Property Index & Survey by Juwai IQI showed that real estate agents forecast national residential prices will climb 3.2 per cent over the coming 12 months, while prices in Makati City are set to decline by 2.3 per cent during the same period. But the report noted that 2022 is expected to be much more favourable for real estate prices.