News

Colliers: Second possible BSP rate cut may only benefit residential property market by mid-2025

Posted on Thu, Oct 17, 2024 10:09 AM by DR. SAMUEL O. LAO in Real Estate News

Colliers: Second possible BSP rate cut may only benefit residential property market by mid-2025 MANILA - Real estate firm Colliers said Tuesday it was optimistic a second possible Bangko Sentral ng Pilipinas interest rate cut this year would help revive demand for residential units especially in Metro Manila amid the continued exodus of Philippine Offshore Gaming Operators (POGO)....

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Central Luzon’s real estate potential: Tilted to the upside

Posted on Wed, Oct 16, 2024 11:44 AM by DR. SAMUEL O. LAO in Real Estate News

CENTRAL LUZON remains a major economic center outside of Metro Manila. Its property market has substantially evolved over the past few years with national players seizing opportunities by aggressively land banking in the region. We see tremendous upside potential for its real estate market. Outside of residential, we see opportunities for office and industrial sectors.  This dynamism sho...

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Cebu City's scud project still in Limbo

Posted on Wed, Sep 25, 2024 11:30 AM by DR. SAMUEL O. LAO in Real Estate News

Claudine Flores Published on:  Sep 24, 2024, 8:14 pm ​​​​​​​ MORE than a year since the groundbreaking of the Cebu City South Coastal Urban Development (Scud), the construction of the housing project remains unimplemented. Nineteen months after the groundbreaking on Monday, Feb. 27, 2023, around 8,000 informal settler families and low-wage earners in the city are still awaiting...

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Commercial Real Estate - Philippines

Posted on Tue, Sep 24, 2024 10:47 AM by DR. SAMUEL O. LAO in Real Estate News

The Commercial Real Estate market market in the Philippines is predicted to reach a staggering US$0.77tn by the year 2024. This projection indicates a promising growth potential for the sector. Furthermore, it is anticipated that the market will experience a steady annual growth rate (CAGR 2024-2029) of 0.77%, resulting in a substantial market volume of US$0.80tn by 2029. When compared to...

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Ayala Land to take full control of Gatewalk Central project

Posted on Mon, Sep 16, 2024 2:47 PM by DR. SAMUEL O. LAO in Real Estate News

Ayala Land to take full control of Gatewalk Central project ARTIST’S PERSPECTIVE. Ayala Land says it envisions Gatewalk Central to be one of its key Cebu estates that will contribute to its growing presence in the Visayas region. / GATEWALK CENTRAL FACEBOOK AYALA Land Inc. (ALI) is buying out its partner Aboitiz Land and Aboitiz Equity Venture (AEV) to take full ownership of C...

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SEC issues guidelines regulating rental pools

Posted on Fri, Jul 26, 2024 11:05 AM by DR. SAMUEL O. LAO in Real Estate News

SEC issues guidelines regulating rental pools Maria Bernadette Romero Published on:  Jul 25, 2024, 00:20 The Securities and Exchange Commission (SEC) wants to regulate the sale of properties with rental pool agreements amid an upward trend in renting out properties. On Wednesday, the regulator said that it had issued Memorandum Circular No. 12, Series of 2024 or “Securing and E...

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