Rental market rises amid shifting buyer behavior

PERFORMANCE. May Antonette Leuterio, chief operating officer of Filipino Homes and managing director of Rent.ph, says between January and June 2025, Rent.ph managed 5,900 active units, a testament to the growing demand for structured rental services.  /
PERFORMANCE. May Antonette Leuterio, chief operating officer of Filipino Homes and managing director of Rent.ph, says between January and June 2025, Rent.ph managed 5,900 active units, a testament to the growing demand for structured rental services. / CONTRIBUTED
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A REAL estate strategist is urging developers and real estate investors to capitalize on the country’s thriving rental market, as demand for professional rental management continues to grow and reshape the industry.

“Rentals aren’t a fallback, they’re the power behind real estate continuity,” said May Antonette Leuterio, chief operating officer of Filipino Homes and managing director of Rent.ph. “They create liquidity, access, and options. That’s what today’s market needs.”

The Philippine real estate sector, once focused mainly on sales commissions, is now shifting toward long-term leasing and rental management. Leading this change is Rent.ph, a platform that provides professional support for both property owners and tenants.

“We built Rent.ph, because we saw the gap,” Leuterio said. “This industry isn’t just about selling homes. It’s about bridging trust between property owners and tenants. And that’s been the missing piece.”

Since launching, Rent.ph has rapidly scaled nationwide, supported by a network of over 4,500 trained rent managers who oversee thousands of listings across residential, commercial, and even unconventional spaces from highway billboards to high-rise condominiums. Between January and June 2025 alone, the platform managed 5,900 active units, a testament to the growing demand for structured rental services.

Leuterio, who began working in real estate at age 15, views rentals as a critical part of the service ecosystem, an area often neglected in the sales-heavy market.

“Real estate is not just about commissions. It’s about missions,” she said. “When you manage someone’s property, you’re managing someone’s future, someone’s investment. That requires trust.”

Rent.ph positions its rent managers as community stewards, screening tenants, overseeing maintenance, and ensuring stable occupancy. These are essential services, Leuterio noted, that too often fall by the wayside in a market focused on property flipping and one-off transactions.

The platform also adopts a social impact model, where a portion of each rental transaction funds community initiatives in underserved areas, reinforcing its vision of real estate as both business and service.

Rental demand rising

As the Philippine market grapples with higher interest rates, flexible work arrangements and shifting buyer behavior, rental demand is rising sharply in regional growth areas and tourism hotspots. Platforms like Rent.ph are stepping in to fill the void left by informal leasing practices, offering accountability and transparency to both landlords and tenants.

Leuterio said this new landscape requires developers to evolve their business models: “The biggest hesitation in real estate today is after-care. Buyers want to know: What happens after I purchase? That’s where trained rent managers come in, they provide assurance, structure and continuity.”

She added that the industry must begin treating rental management with the same priority as property sales.

“We tell developers: Don’t just build for buyers — build for renters. Train rent managers the way you train sales teams. Because after the sale, your reputation depends on what happens next.”

Backed by the extensive reach of Filipino Homes and Rent.ph’s expanding infrastructure, Leuterio believes the company is laying the groundwork for a more sustainable, trust-based real estate ecosystem.

“We’re more than a business,” she said. “We’re building an ecosystem that ensures the industry’s long-term health and the community’s trust.” / KOC

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