The Vantage Elevates the Property Outlook in Iloilo and Bacolod with Vista Land
The event brought together accredited real estate brokers from Iloilo and Bacolod to examine emerging growth opportunities across multiple market segments in Western Visayas. At the center of the industry briefing was Joey Roi Bondoc, Research Head at Colliers Philippines, who presented key indicators and strategic recommendations tailored for Vista Land’s sales professionals, homebuyers, and regional investors operating in these expanding growth corridors.
Building broader momentum in Visayas and Mindanao
Colliers’ data indicated resilience across the Visayas and Mindanao property sectors, supported by expansion in the office, residential, and hospitality sectors.
Office transactions outside the National Capital Region totaled approximately 37,000 square meters in the first quarter of 2026, with Iloilo accounting for nearly half at 16,000 square meters. Outsourcing firms remained the primary driver of demand, ahead of metropolitan centers. Mirroring this active momentum, Colliers projects 45,000 new condominium units across Visayas and Mindanao from 2026 to 2029, anchored by the middle-income segment. Consequently, Iloilo's condo stock will surge from 10,020 to 16,270 units, while Bacolod will expand from 4,220 to 8,730 units.
House-and-lot developments demonstrate strong absorption. Iloilo posted 33,000 properties with a 96 percent absorption rate, while Negros Occidental recorded 32,000 units with 88 percent sold. This robust take-up yielded a two to six percent annual price appreciation from 2016 to 2025. Lot-only properties have also gained value, with Colliers recording average annual price increases of seven to 13 percent across Central Visayas, Western Visayas, and Davao during the period. This historical growth highlights ongoing opportunities for developers to strategically expand and differentiate outside Metro Manila's traditional boundaries.
Integrated growth at estate scale
The footprint of Vista Land in Iloilo reflects the convergence of long-term regional expansion, residential requirements, and commercial activity through Georgia, A Prime Vista Estates Development.
Recognized by PropertyGuru with a Highly Commended Award for Best Township Development and previously named Best Mixed-Use Development in Visayas and Mindanao at Lamudi The Outlook 2023: Philippine Real Estate Awards, Georgia embodies the Vista Land vision for master planned developments in growth centers.
Inspired by the American South, this premier estate comprises three cohesive districts. Atlanta serves as the residential anchor, alongside Vista Mall, while Camella Savannah forms the house-and-lot community, located near a football field, St. John’s Wort Integrated School, and St. Padre Pio Church.
Augusta expands the landscape upward with Augusta Residences by Vista Manors, complemented by commercial complexes and dining concepts—demonstrating how a synchronized environment responds seamlessly to regional economic expansion across enterprise, education, and leisure.
Horizontal strength meets vertical opportunity
Bacolod presents another significant dimension of the Western Visayas property story.
Colliers Philippines identifies Negros Occidental as one of the largest house-and-lot property markets in Visayas and Mindanao, while condominiums in Bacolod are projected to double by 2029. Tourism adds another source of activity, with Bacolod among the regional cities identified for further hospitality opportunities as infrastructure and visitor movement advance.
Vista Land addresses evolving market demands across diverse property formats. Through Camella Bacolod, a sprawling 45-hectare development, and Camella Bacolod South, homebuyers and investors gain access to established residential communities with proximity to local schools, healthcare facilities, and retail parks.
Complementing these house-and-lot developments is Olvera Residences by Vista Manors, a multi-tower vertical village within a master-planned integrated estate.
Named Best Mixed-Use Development in Visayas and Mindanao at The Outlook 2024 Awards, Olvera Residences draws architectural inspiration from the Spanish Pueblos Blancos of Cadiz.
Rising on a prime one-hectare property, this resort-inspired condominium serves as a primary residence or a high-yield investment vehicle. The strategic location maximizes regional mobility, providing rapid access to transport networks linking Bacolod with Silay and Talisay via the Bacolod-Silay Airport and BREDCO Port gateways.
Pioneering nationwide excellence in property development
Vista Land is primarily engaged in developing integrated estates, house-and-lot communities, condominium properties, and commercial assets across the country.
Filipinos deserve the best—this guiding belief has long been central to the enduring success of the Philippines’ leading integrated property developer. Creating visionary, secure, and enriching environments and services for its residents, as well as delivering exceptional long-term returns for its investors, has always been the driving force behind Vista Land's continued evolution.
Learn more about Vista Land residential developments nationwide; visit www.vistaland.com.ph and follow @VistaLandAndLifescapesOfficial.
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