CEBU, Philippines — Singaporean-led developer Syntech Properties Inc. (Syntech) remains optimistic about Cebu’s residential real estate market, despite increasing competition driven by new players entering the scene. Syntech, a pioneer in introducing condominium living to Cebu through its landmark Citylights Gardens Condominiums in Lahug close to 30 years ago, has unveiled the secon...
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Understanding Mortgage Options and Bank Housing Loan Rates in the Philippines When it comes to buying a home in the Philippines, many Filipinos and foreign investors turn to mortgage loans to finance their dream properties. Understanding the various options available and the prevailing bank housing loan rates is crucial to making an informed decision. In this blog, we’ll explore the essen...
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CEBU-BASED property developer Cebu Landmasters Inc. (CLI) is set to launch two more projects in the remaining months of the year: The North Grove at Pristina Town and the first three towers in Manresa Town in Cagayan de Oro City. The North Grove at Pristina Town is a two-tower upper mid-market project in Cebu with over 1,000 units. This is CLI’s second development in partnership with Ixid...
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MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund, announced that its third quarter savings from its members has amounted to P98.72 billion. Broken down, that is P49.27 billion collected from the mandatory Regular Savings program and P48.86 billion collected under the Fund's voluntary Modified Pag-IBIG 2 savings. The announcement was made during the &...
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Tips for Performing Due Diligence on Tax Declarations when Buying Real Estate in the Philippines: --- 1. Obtain a Copy of the Latest Tax Declaration The Tax Declaration is an official document issued by the local assessor’s office that provides details on the property’s assessed value for tax purposes. This document is essential for verifying the property’s value, owners...
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"Essential Due Diligence Tips for Verifying Title and Tax Declaration Alignment in Philippine Real Estate" Here are enhanced tips for performing due diligence to make sure the title and tax declaration information are consistent: --- 1. Verify Registered Owner Information Confirm that the name of the registered owner on the title and tax declaration match precisely. Check...
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