News

SSS housing loan collectibles hit Billion

MANILA, Philippines — Housing loan collectibles of the Social Security System (SSS) have reached P6.8 billion with the state-run pension fund now transitioning to a real-time processing of loans for members’ convenience. As of end-December 2023, SSS said it has 3,744 mortgagors with home loan collectibles worth P6.83 billion. As such, SSS is implementing the mandatory use of paym...

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Resilient Housing in the Philippines, in the Era of COVID-19

  Pembo, an informally-built community in Manila, where Build Change is working with families to protect their homes from the threat of earthquakes and typhoons. Even as our schools, streets and open spaces empty, time does not stand still. On June 1st the hurricane season will officially start in the Atlantic. Between approximately July and November, typhoons will develop and...

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Understanding Common Housing Loans in the Philippines: Pag-IBIG, Bank Loans, Private Lending, and More

Understanding Common Housing Loans in the Philippines: Pag-IBIG, Bank Loans, Private Lending, and More   Owning a home is a significant milestone for many Filipinos, and various housing loan options are available to facilitate this dream. Understanding the diverse array of options can help individuals make informed decisions about which one suits their needs best.   1. Pag-IB...

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Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu

Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu By: Samuel Lao, Real Estate Broker - Cebu City, October 22, 2023   The bustling urban sprawl of Metro Cebu, stretching from Cebu City to Carcar in the South and Danao to the North, has long been a hub of economic growth and development. However, a pressing issue now threatens to...

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Real Estate Investment Financing Options: Traditional vs. Alternative Lenders

Real Estate Investment Financing Options: Traditional vs. Alternative Lenders Real estate investment can be an excellent way to build wealth and generate passive income. However, investing in real estate can require a significant amount of capital, and most investors need to obtain financing to get started. Traditional lenders, such as banks and credit unions, have long been the go-to option fo...

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P.A. Properties confirms support to DHSUD's mission to close housing gaps

LAGUNA, PHILIPPINES: P.A. Properties, one of the fastest growing developers of low to medium cost housing communities in Southern Luzon, reaffirmed its support to the Department of Human Settlements and Urban Development (DHSUD) and commitment to take part in offering solutions to close the housing gap in the Philippines. Having built more than 20,000 housing units across Laguna, Cavite, P...

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