News

Cebu property firm AppleOne’s projects banking on tourism recovery

CEBU property developer and hotel operator AppleOne Group, Inc. said it is planning to expand to capitalize on the tourism industry’s recovery. AppleOne said in a statement on Thursday that it plans to expand its hotel portfolio by entering into partnerships. “We are in talks with several international luxury brands to help us deliver world-class service and convenience in real e...

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AppleOne develops lifestyle hub in Lapu-Lapu City

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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Robert Kuok’s Shang Properties posts 59% earnings rise in first half powered by condominium, mall, and hotel operations

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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Megaworld announces more developments in Bacolod

Property giant Megaworld Corp. is set to announce this year more developments at The Upper East, a 34-hectare modern central business district in this city inaugurated by President Ferdinand R. Marcos Jr. in October last year, according to a report by Philippine News Agency. “We still have a lot to build in The Upper East. We will have two major developments that we will announce wit...

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Megaworld announces more developments in Bacolod

Property giant Megaworld Corp. is set to announce this year more developments at The Upper East, a 34-hectare modern central business district in this city inaugurated by President Ferdinand R. Marcos Jr. in October last year, according to a report by Philippine News Agency. “We still have a lot to build in The Upper East. We will have two major developments that we will announce wit...

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Luxury condo to rise in Mandaue

ROBINSONS Land Corp. (RLC) is building a premium condominium in Mandaue City with penthouses pegged at P60 million, its latest investment after its integrated resort and casino development in the South Road Properties. At the launching of the four-tower Mantawi Residences on Friday, April 14, 2023, at Nustar Resort and Casino, RLC executives pointed to Cebu’s booming economy and infrastru...

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