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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For Real Estate Investor, How they can hedge on Land Use Development? By Realtor Samuel Lao Real estate investors can hedge against the impacts of land use development in several ways: Diversification: Investors can diversify their portfolio by investing in properties in different locations, with different types of land use, and in different stages of development. This can reduc...
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(Bloomberg) -- The Philippine economy likely expanded much faster than the government’s target of 6.5% to 7.5% last year and is forecast to grow by around 6.5% this year amid a strong manufacturing sector, stable banking system and record low unemployment, Finance Secretary Benjamin Diokno said. Diokno said an expected slowdown in the global economy could impact growth for 2023 but it&rsq...
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