City of Dreams (CoD) Manila, the country’s first integrated resort to harness solar energy, on Monday switched on its 1.2-megawatt (MW) solar rooftop panels installed by a subsidiary of the Manila Electric Co. (Meralco). There are 3,120 solar PV panels installed on a 6,436-square, meter area across two buildings. The P76-million solar project can generate power of up to 1,730 megawatt hou...
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PROPERTY developer HT Land Inc. will turn over 1,200 condo units of Towers 1 and 2 of Mandani Bay Suites starting April this year. Gilbert Ang, Mandani Bay project director, said the turnover of the first two Phase 1 Mandani Bay Suites towers will set the standard for other developments that will be built inside the 20-hectare master-planned project in North Reclamation Area in Mandaue City....
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WITH the non-stop construction of high-rise buildings in Metro Cebu, the Department of Housing and Urban Development (DHUD), formerly Housing and Land Use Regulatory Board, reminds developers to make sure that the structural integrity of their buildings can withstand natural calamities like earthquakes. Francis Ordeniza, Director of the DHUD of Central Visayas, told SunStar Cebu that buildings...
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MONACO — Tiny Monaco is set to grow by six hectares under plans to reclaim land from the Mediterranean and build more luxury apartments and posh boutiques with fine sea views. The second smallest state in the world after the Vatican, Monaco is also home to the world’s most expensive property market and the project is intended to relieve some pressure on housing in the principality,...
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DAVAO CITY — The family behind weighing scale manufacturer First Philippine Scales Inc. (FPSI) has ventured into the hotel business, taking advantage of a 2,000-square meter prime property in Davao City where the new Blue Lotus Hotel now stands. The lot along Quimpo Boulevard, one of the main roads in the city, was originally planned by the Policarpio family for an FPSI showroom for its F...
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Arthaland Corp., the property development company led by the Po family, said it has secured the permit to sell its P3-billion Asean Green Bonds from the Securities and Exchange Commission (SEC). The company’s Asean Green Bonds, some P2 billion of which is its primary offering and P1 billion is for oversubscription option, carry a coupon rate of 6.3517 percent per annum payable quarterly i...
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