ABOUT 80% of overseas Filipino workers (OFWs) deployed to the United Arab Emirates (UAE) expressed interest in placing investments in the Philippines within the next 12 months, with property the preferred repository for their excess funds, according to the results of a survey released on Thursday. The survey, commissioned by the New Perspective Media Group (NPMG), took in responses from 3,800 w...
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Quantum Residences is Taft Avenue’s upcoming condominium development, offering the hardworking student and young professional their dream home in a vibrant residential community. Developed by Horizon Land Property, Inc., a subsidiary of the premier real estate developer Federal Land, Inc., the high-rise and mixed-use condominium strategically stands at the crossroads of Makati, Mani...
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I-LAND, the real estate arm of ISOC Holdings, Inc., is focusing on developing residential, commercial and leisure projects with “green-inspired” designs. “Economic growth is important to us, but so is protecting the environment amid climate change. Thus, our mission at I-Land is to promote healthy surroundings, overall well-being in our communities, and ensure environmental st...
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PROPERTY ACCESS Philippines recently launched its own online platform that aims to make buying, selling, and leasing real estate properties easier for Filipinos. Founded in 2018 by real estate experts Hiroki Kazato and Shiela Baylon, PropertyAccess provides users with real estate multi-listings, intelligent data, and analysis. It also serves to connect real estate developers, agents, institutio...
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PROPERTY PRICE hikes fueled by the Philippine offshore gaming operators (POGO) sector may pose increasing risks to the banking industry, according to Fitch Ratings. “Recent data point to speculative activity that could affect market stability if unchecked,” Fitch said in a note sent to reporters on Wednesday. “To the extent that the increase in prices has been driven by a b...
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Cebu City―DMCI Homes, the real estate arm of DMCI Holdings Inc., expanded its landbank with the acquisition of a 9,695-square-meter property in Barangay Lahug in this city. The Lahug property is the second land acquisition made by DMCI Homes in Cebu after acquiring a lot in Barangay Guadalupe where another residential community will rise. “Cebu is one of the fastest-growing economies i...
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