CEBU-BASED property firm AppleOne Group is developing Mahi Center, a business and lifestyle hub in Lapu-Lapu City. Mahi Center, a mixed-use development designed by ArchiGlobal, is located within the Mactan Economic Zone. “It is an architectural marvel comprising a five-storey office tower that will seamlessly integrate IT facilities, meticulously designed office spaces for co...
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By Luisa Maria Jacinta C. Jocson, Reporter THE Philippine economy would probably expand by as much as 5.2% in the third quarter — still below the government’s target — after posting its slowest growth in more than two years a quarter earlier, according to First Metro Investment Corp. (FMIC) and the University of the Asia and the Pacific (UA&P). “We still...
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MANILA, Philippines — Vista Land & Lifescapes Inc., the property holding company of the Villar Group, is rolling out at least 50 new residential projects across the country in the second half, bringing its total count of launches in 2023 to 100. The move is part of the group’s overall shift toward vertical developments from its usual horizontal residential projects, said Vista L...
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Billionaire Robert Kuok’s Shang Properties witnessed a 59% surge in net income for the first half of the year, propelled by solid revenue streams across its diverse operations including condominiums, malls, and hotels. The company’s net income from January to June stood at P2.4 billion compared to the previous year’s P1.5 billion. Shang Properties showed a 44% growth in tur...
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The sea mishaps that occur every now and then on that narrow body of water between Batangas province and Mindoro province—often resulting in casualties among vacationers out to enjoy the beaches of Puerto Galera—may soon be a thing of the past if the plans of San Miguel Corp. and the provincial government bear fruit. The conglomerate said on Wednesday it was pushing ahead with negot...
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Potential of Real Estate Rental Business in Cebu. Potential for rental income is one of the key benefits of real estate investment. When you purchase a rental property, you have the opportunity to collect rental payments from tenants. These rental payments can provide a steady stream of passive income, which can help you reach your financial goals and provide a cushion during times of fin...
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