A NUMBER of listed property companies were very enthusiastic with the landmark signing of the Regulations that form part of the framework of the Real Estate Investment Trust (REIT) Act of 2009. The Implementing Rules and Regulations of the Securities and Exchange Commission (SEC), the Revenue Regulation of the Bureau of Internal Revenue (BIR) and Listing Rules of the Philippine Stock Exchange (PSE...
Read more
MANILA -- Megaworld, the country's largest developer and lessor of office spaces, is ramping up its office inventory inside the 72-hectare Iloilo Business Park in Mandurriao, Iloilo City. The company is launching two new office towers -- Enterprise One and Enterprise Two -- each 12-storey high right along the bustling stretch of Megaworld Boulevard in the city's modern business park....
Read more
Fresh from the resounding success of its flagship projects Minglanilla Highlands and Santa Monica Estate-Tisa, property developer Sterling Land Residences and Development βͺInc. broke ground on its first residential condominium tower on Jan. 29, 2020. Located on St. Lawrence Street in Lahug, Cebu City, The Skyline is a 25-storey residential tower with a five-star hotel living concept. It is just...
Read more
PROPERTY ACCESS Philippines recently launched its own online platform that aims to make buying, selling, and leasing real estate properties easier for Filipinos. Founded in 2018 by real estate experts Hiroki Kazato and Shiela Baylon, PropertyAccess provides users with real estate multi-listings, intelligent data, and analysis. It also serves to connect real estate developers, agents, institutio...
Read more
PROPERTY developer Megaworld Corp. is launching its fifth residential development inside the 30-hectare Mactan Newtown. The 20-story The Pearl Global Residences will add 222 units in the existing 1,836 residential unit inventory in the township. It will be the 11th residential condo tower to rise at the township, which is also home to offices and commercial spaces. The new tower will rise...
Read more
HOMEGROWN property developer Cebu Landmasters Inc. (CLI) has expressed interest in developing prime lots owned by the Provincial Government. The development was confirmed by Gov. Gwendolyn Garcia who met with officials of CLI on Monday, Jan. 13, 2020. “They expressed their interest to participate in any bidding for the development of several strategically located and highly valuable pr...
Read more
