#Lamudi Philippines expansion plans

Lamudi Philippines has announced its expansion plans for the increasing demand for properties online. For its seventh year in the industry, Lamudi revealed its plans to double its Philippine team and cater better to the country’s growing and recovering real estate market. “We set new aggressive targets that will continue to raise the bar for what is possible,” said Kenneth Stern, Lamudi Philippines CEO. Lamudi’s new parent company offers a stable backing for its expansion plans. It was announced in May last year that EMPG, one of the leading digital classifieds groups in Middle East-North America, South Asia, and Southeast Asia regions, acquired Lamudi Global, including ventures in the Philippines, Indonesia, and Mexico. Lamudi Philippines mentioned that this has helped the company seize opportunities in overseas demand while strengthening its presence in the Philippine real estate market. In fact, Lamudi revealed that they are working on seizing opportunities in the overseas market and reaching more property buyers and sellers in the Philippines, as it is backed by EMPG’s financial resources and industry expertise. Meanwhile, with expansion plans underway, Lamudi Philippines will have more manpower to address the strong demand from recovering real estate regions and the growing needs of property developers switching to digital marketing. Read more in our articles including "Lamudi Philippines announces expansion plans" and "BIR opens Tax Payer Portal".