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Philippine real estate set for takeoff as economy accelerates

Philippine real estate set for takeoff as economy accelerates The Philippines is reasserting its position on the global stage as one of the world’s hottest markets for luxury homes thanks to its increasingly liberalised economy   Filipinos are in the mood for spending once more, be it on residential real estate or purchases at the shopping mall. This resurgence comes as...

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Aboitiz InfraCapital earns gold recognition at FIABCI Awards

HEADLINES: PSA: Cancel Guo birth certificate | June 27, 2024   Lima continued to flourish as a vibrant and inclusive community, seamlessly integrating sustainability with economic prosperity. The upcoming launch of a 40-hectare expansion within its business district further beckoned investors and enterprises to Batangas. Aboitiz InfraCapital Economic Estates recently launched its 4th...

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SSS housing loan collectibles hit Billion

MANILA, Philippines — Housing loan collectibles of the Social Security System (SSS) have reached P6.8 billion with the state-run pension fund now transitioning to a real-time processing of loans for members’ convenience. As of end-December 2023, SSS said it has 3,744 mortgagors with home loan collectibles worth P6.83 billion. As such, SSS is implementing the mandatory use of paym...

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KMC Savills presents the panoramic view of the Philippine real estate

KMC Savills, the country’s leading real estate brokerage and consultancy firm, takes a panoramic look at the state of Philippine real estate as they presented the latest data and outlook on the country’s property market for 2024. The presentation was led by KMC Savills’ Research and Consultancy together with their newly-appointed CEO Joe Curran and COO Cha Carbonell.  &nb...

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Real property valuation reform bill seen to enhance transparency

AFTER the Tax Reform for Acceleration and Inclusion (TRAIN) Law and Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act comes Real Property Valuation and Assessment Reform Act (RPVARA) which forms “Package 3” of the Department of Finance’s (DoF) “Comprehensive Tax Reform Program,” (CTRP). The measure has been approved by both chambers of Congress and is...

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An optimistic year for PH real estate market — report

An optimistic year for PH real estate market — report KMC Savills’ bullish outlook for 2024 BY ANGELO SANCHEZ   An optimistic outlook is forecasted for the Philippine real estate market in 2024, according to a report by KMC Savills, the country's leading real estate brokerage and consultancy firm. Supported by the Bangko Sentral ng Pilipinas (BSP) report in...

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