News

Pangilinan’s Landco takes over Camp John Hay, commits to seamless transition with people-first focus

Posted on Wed, Jan 8, 2025 9:57 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

Bilyonaryo Manny V. Pangilinan-led Landco Pacific Corp. has assumed interim management of the Camp John Hay and its facilities in Baguio, committing to a people-first approach during the transition process. This move, in collaboration with the Bases Conversion and Development Authority follows the final Supreme Court ruling on October 22, 2024, which upheld BCDA’s recovery of 247 hectares...

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Lance Gokongwei stepping down as Robinsons Land president

Posted on Tue, Jan 7, 2025 11:59 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

MANILA -- Lance Gokongwei is stepping down as president and chief executive officer (CEO) of Robinsons Land Corporation (RLC) from February 1, the company said Monday. In a statement, the firm said Gokongwei will remain as its executive chairman and provide strategic guidance to the company.  "Under his stewardship, RLC solidified its position as a leading player in the real estate...

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Condominium rental prices lowest in 15 years: expert

Posted on Tue, Jan 7, 2025 11:31 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

MANILA — A property specialist on Monday urged Filipinos to take advantage of falling condominium rent prices this 2025 amid an oversupply crisis in Metro Manila. In an interview with ABS-CBN News, Leechiu Property Consultants (LPC) CEO David Leechiu said rental rates for mid-market condo units have already dropped to their lowest in about 15 years. He expects this downward trend to co...

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‘No to kanya-kanya’: Razon’s wish for a stronger, more unified Philippines in 2025

Posted on Fri, Jan 3, 2025 10:57 AM by DR. SAMUEL O. LAO, REB, MM-REM in Business News

As the Philippines welcomes 2025, ultra bilyonaryo Enrique K. Razon Jr. has shared a compelling New Year’s message urging unity and collective progress. In a statement to Bilyonaryo.com, the chairman of International Container Terminal Services Inc. (ICTSI) emphasized that for the country to continue advancing, it is crucial for everyone to work toward common goals and set aside personal...

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Protect your assets with Property Insurance

Posted on Fri, Jan 3, 2025 10:52 AM by DR. SAMUEL O. LAO, REB, MM-REM in Tips and Advice

Protect your assets with Property Insurance! We offer comprehensive non-life insurance coverage for your peace of mind. Insurance Services: Fire Insurance Car Insurance Accident Insurance Contact Samuel O. Lao and Associates at 09173236123 (Mobile, Viber). "Insurance is your safety net for life's uncertainties." #PropertyProtection #RealEstateInsurance...

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2025 real estate outlook: What to watch for

Posted on Fri, Dec 27, 2024 2:12 PM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

2025 real estate outlook: What to watch for   THE past twelve months have produced mixed results for the Philippine property. Office vacancies remain elevated while a sizable condominium inventory has yet to be absorbed by the Metro Manila market. Meanwhile, the retail sector has been recording sustained mall space take-up despite new supply while rebounding consumer spending has also bee...

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