Claudine Flores Published on: Sep 24, 2024, 8:14 pm MORE than a year since the groundbreaking of the Cebu City South Coastal Urban Development (Scud), the construction of the housing project remains unimplemented. Nineteen months after the groundbreaking on Monday, Feb. 27, 2023, around 8,000 informal settler families and low-wage earners in the city are still awaiting...
Read more
The Commercial Real Estate market market in the Philippines is predicted to reach a staggering US$0.77tn by the year 2024. This projection indicates a promising growth potential for the sector. Furthermore, it is anticipated that the market will experience a steady annual growth rate (CAGR 2024-2029) of 0.77%, resulting in a substantial market volume of US$0.80tn by 2029. When compared to...
Read more
HEADLINES: PSA: Cancel Guo birth certificate | June 27, 2024 Lima continued to flourish as a vibrant and inclusive community, seamlessly integrating sustainability with economic prosperity. The upcoming launch of a 40-hectare expansion within its business district further beckoned investors and enterprises to Batangas. Aboitiz InfraCapital Economic Estates recently launched its 4th...
Read more
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...
Read more
An optimistic year for PH real estate market — report KMC Savills’ bullish outlook for 2024 BY ANGELO SANCHEZ An optimistic outlook is forecasted for the Philippine real estate market in 2024, according to a report by KMC Savills, the country's leading real estate brokerage and consultancy firm. Supported by the Bangko Sentral ng Pilipinas (BSP) report in...
Read more
This week, Colliers Research provides insight on Accor partnering with Tytans Properties, Damosa Land's expansion projects, Cebu Landmasters targeting Luzon for development, More airport and road projects on this current administration, and DTI eyeing more Japanese manufacturers. Hotel manager Accor to bring largest Pullman property to Cebu SUMMARY Global hotel chain...
Read more
