News

He always felt he needed a vacation from his life in Chicago. So he retired at 40 and moved into a $110,000 house in the Philippines with his wife.

Posted on Tue, Feb 27, 2024 11:19 AM by DR. SAMUEL O. LAO in Real Estate News

Corey Fraser, 42, moved from Chicago to the Philippines with his wife, Rachel, in 2022. He put together a six-year plan that led him to retire early and build a $110,000 house near the sea. "I was comfortable every month having more than I would need in the Philippines," he said. After a 2 ½-week vacation in the Philippines in 2016, Corey Fraser realized he d...

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Capitol to buy lots to expand airport

Posted on Tue, Feb 20, 2024 3:53 PM by DR. SAMUEL O. LAO in Real Estate News

TO REALIZE the extension of the Bantayan Island Airport’s runway, the Cebu Provincial Government has formally asked owners of lots near the airport in Barangay Okoy, Santa Fe town to sell their properties to give way to the project. Cebu Gov. Gwendolyn Garcia met the 63 lot owners involved on Wednesday, Feb. 14, 2024, and offered to have the Provincial Government buy their properties, whi...

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CLI secures PCC approval for JV with Singapore builder

Posted on Sat, Feb 17, 2024 4:25 PM by DR. SAMUEL O. LAO in Real Estate News

MANILA, Philippines —  Property developer Cebu Landmasters Inc. (CLI) has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City. CLI is a step closer to realizing another residential project in Cebu after receiving clearance from the Philippine Competition Commission (PCC) to...

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How to Build a Future Without Luck, Money, or Friends in High Places

Posted on Wed, Feb 14, 2024 2:43 PM by DR. SAMUEL O. LAO in Real Estate News

Here are 10 lessons from Five Doors of Success: How to Build a Future Without Luck, Money, or Friends in High Places by Joshua Candamo Ph.D. (Author) 1: Persistence is paramount - This book teaches us that success isn't solely dependent on luck, money, or having influential connections. Instead, it emphasizes the importance of persistence and a strong work ethic. By consistently putting in...

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Philippine Economy Grew Faster-Than-Expected 5.6% Last Quarter

Posted on Mon, Feb 12, 2024 5:41 PM by DR. SAMUEL O. LAO in Real Estate News

(Bloomberg) -- The Philippines overtook Vietnam and Malaysia to become Southeast Asia’s fastest-growing economy last year, with expansion driven by consumption, services and investment. Gross domestic product expanded 5.6%, surpassing the median 5.5% growth seen in a Bloomberg survey of economists. The economy grew at a similar pace from a year ago in the final quarter of the year, while...

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7 Powerful Lessons from "Goodbye, Things: The New Japanese Minimalism" by Fumio Sasaki:

Posted on Mon, Feb 12, 2024 11:32 AM by DR. SAMUEL O. LAO in Real Estate News

7 Powerful Lessons from "Goodbye, Things: The New Japanese Minimalism" by Fumio Sasaki: 1. Happiness Comes from Within, Not Possessions: The book argues that the pursuit of material possessions often leads to stress, anxiety, and a sense of emptiness. True happiness comes from cultivating meaningful relationships, pursuing passions, and living in alignment with your values. 2. Decl...

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