News

Mandani Bay to turnover 1.2k units in April; Phase 3 in planning stage

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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Cebu developer to build workspaces under IWG franchise

INTERNATIONAL Workplace Group (IWG) signed its first franchise partnership in Southeast Asia, teaming up with a Cebu-based company to develop workspace franchises in the Philippines. In a statement, IWG said it signed the franchise partnership agreement with AppleOne Properties, Inc. (API) on Dec. 18. Under the deal, API and IWG will develop eight workspace facilities in six cities in the Vi...

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DM Wenceslao unit completes 1st residential project

A UNIT of D.M. Wenceslao and Associates, Inc. (DMWAI) has completed its first residential project. In a statement, Aseana Residential Holdings Corp. (ARHC) said it has inaugurated Pixel Residences located at DMWAI’s flagship mixed-use estate, Aseana City in Parañaque. “With Pixel residences, our residential chapter in the company’s ever evolving transformational stor...

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Seda set to open 2nd hotel in Cebu

AYALA LAND, Inc. (ALI) is opening its second Cebu City hotel under the Seda brand in January 2020, amid growing demand from tourists and business travelers. Seda Central Bloc will rise within ALI Central Bloc community in the Cebu IT Park business district. The 17-storey hotel will have 214 rooms, including 48 serviced residences. In a statement, Andrea Mastellone, senior group general ma...

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CLI boosts landbank in key cities

CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years. In a statement, the housing developer said it increased its landbank in the region to 1,245,485 square meters (sq.m.), 36% higher year-on-year. CLI said the company is looking to invest P50 billion in a range of projects in these properties C...

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PHirst launches Calamba project

PHIRST Park Homes, Inc. (PPHI) continues to expand its portfolio in the Calabarzon area with the launch of its new residential project in Calamba, Laguna. PPHI President and Chief Executive Officer Ricky M. Celis said the company expects to generate P1.5 billion in sales from the initial 900 units offered at PHirst Park Homes Calamba. The gated residential community, launched on Nov. 23, ini...

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