News

Real property valuation reform bill seen to enhance transparency

AFTER the Tax Reform for Acceleration and Inclusion (TRAIN) Law and Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act comes Real Property Valuation and Assessment Reform Act (RPVARA) which forms “Package 3” of the Department of Finance’s (DoF) “Comprehensive Tax Reform Program,” (CTRP). The measure has been approved by both chambers of Congress and is...

Read more

Colliers: Property sector to benefit from PH growth

THE real estate sector is set to benefit from the Philippines' recordedof 7.6 percent in 2022, global real estate management firm Colliers said. Research Director Joey Bondoc said the momentum of this growth would carry over to 2023 and be a positive signal for the property market that has mirrored the boom-bust cycle of the country's economic output over the past decades. "This...

Read more