MALL developer SM Group targets to open the university it is building in Cebu City by 2025. The school is adjacent to SM City Cebu’s north wing area in Barangay Mabolo. The Cebu campus of the National University is slated to finish construction in 2024 and targeted to begin operations in 2025, after its inspection and accreditation by the Commission on Higher Education, said Michelle Lesl...
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MANILA -Property giant Ayala Land Inc. saw profits soar 38 percent to P18.4 billion during the first nine months of the year on strong mall revenues and stable housing sales. Total revenues from January to September expanded by 15 percent to P98.9 billion versus the same period last year, a stock exchange filing on Wednesday showed. “The strong performance of our various business...
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“Tall buildings are a source of pride for our city.” These famous lines by former New York City Mayor Michael Bloomberg may have referred to the skyscrapers of the Big Apple, but they basically ring true everywhere. Tall structures are often seen as symbols of a city’s prosperity. A skyscraper in your area means that investors are attracted to the place’s development. B...
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Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu By: Samuel Lao, Real Estate Broker - Cebu City, October 22, 2023 The bustling urban sprawl of Metro Cebu, stretching from Cebu City to Carcar in the South and Danao to the North, has long been a hub of economic growth and development. However, a pressing issue now threatens to...
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House and lot or condo—choosing the right space for you By: Andoy Beltran Hey there, fellow millennials! Let’s talk real estate, shall we? It’s a topic that feels like a complex puzzle in the Philippines, where property choices are as diverse as Netflix shows. Today, we’re diving into the pros and cons of owning a house and lot versus a condominium u...
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How to make sure their inheritance is inherited By: Philis Theresa Cruz During our lifetime, we accumulate properties—personal or real—that we want to pass on to our heirs. But we also hope that relationships are not ruined by inheritance disputes and we want to ease the burden of additional and excess fees. So, how do we secure our heirs’ inheritance? Before anythi...
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