HOUSE Speaker Ferdinand Martin G. Romualdez has reaffirmed the Philippine Congress’ unwavering support for the nation’s real estate sector, emphasizing its crucial contribution to the country’s overall economic progress.
Speaking at the 25th-anniversary gala of RE/MAX Philippines on Friday, March 21st, 2025, at the Shangri-La The Fort Hotel in Bonifacio Global City, Romualdez underscored the industry’s significance in driving economic growth and facilitating homeownership for Filipinos.
Romualdez’s address highlighted the symbiotic relationship between a thriving real estate market and a flourishing national economy. He acknowledged the industry’s role in creating jobs, stimulating related sectors like construction and manufacturing, and contributing significantly to government revenue through taxes and fees. The Speaker’s message served as a reassurance to real estate professionals that the legislative branch remains committed to fostering a supportive regulatory environment.
The Speaker’s commitment to the real estate sector extends beyond mere rhetoric. He pledged continued Congressional support for policies designed to strengthen, enhance competitiveness, and ensure the long-term sustainability of the industry.
This commitment translates to proactive legislative efforts aimed at streamlining regulations, reducing bureaucratic hurdles, and creating an environment conducive to both domestic and foreign investment.
This proactive approach, Romualdez explained, is essential not only for the success of established real estate companies like RE/MAX but also for the broader goal of making homeownership a tangible reality for a larger segment of the Filipino population. He stressed the importance of creating access to affordable housing and promoting sustainable development practices within the industry.
Looking ahead, Romualdez’s message signaled a continued partnership between the government and the real estate industry.
This collaboration, he suggested, will be vital in navigating the challenges and opportunities that lie ahead, ensuring the continued growth and prosperity of both the sector and the nation as a whole. His words served as a powerful endorsement of the real estate industry’s pivotal role in shaping the Philippines’ economic future.
