News

Developer adds new project inside Townscapes Mactan

THE real estate arm of the ICCP Group, Pueblo de Oro Development Corp. (PDO), is on track to complete its 27.4-hectare township in Lapu-Lapu City as it launched another residential project in the area. PDO recently inaugurated the 3.7-hectare Park Place II in Barangay Babag, Lapu-Lapu City, the third exclusive subdivision in the Cebu township now dubbed as “Pueblo de Oro Townscapes Mactan...

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Cebu developer ramps up investments as VisMin economy perks up

CEBU CITY – Seeing post-pandemic full business potentials, a Cebu-based real estate developer is looking to deepen its investments in the Visayas and Mindanao to support the continued economic recovery in these regions.  Jose Soberano III, Cebu Landmasters Inc. (CLI) chairman and chief executive officer, on Tuesday said during the company's annual stockholders meeting that t...

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San Miguel Corp. continues to invest heavily in the Philippines’ future

The work of nation-building never stops. And for San Miguel Corp. (SMC), one of the country’s largest and most diversified and profitable conglomerates, not even the unprecedented COVID-19 pandemic should get in the way. Its history is so intertwined with that of the Philippines that it believes that it has the moral commitment to push ahead with key multibillion-peso investments neede...

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PDIC’s foreclosed real estate portfolio hits P19 billion

MANILA, Philippines — State-run Philippine Deposit Insurance Corp. (PDIC) has more than P19 billion worth of real estate properties from banks ordered closed by the Bangko Sentral ng Pilipinas (BSP). The money could be used to beef up PDIC’s buffer to pay out deposit insurance claims. PDIC president Roberto Tan earlier told the Senate Committee on Banks, Financial Institutions, a...

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Bria ventures into condo projects via Astra Vertical

Convenience, practicality, and style are factors that define condominium living, making it an attractive option for highly mobile young Filipino professionals who have a lot on their plates. For them, purchasing a condo unit is a clever step towards homeownership—a milestone in their life journey to check without having to break the bank. An affordable price should also come packaged with...

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BRIA Homes’ Astra Vertical Villages offers affordable condo-living within reach

Convenience, practicality, and style are factors that define condominium living, making it an attractive option for highly mobile young Filipino professionals who have a lot on their plates. For them, purchasing a condo unit is a clever step towards homeownership—one milestone in their life journey to check without having to break the bank. However, an affordable price should also come pa...

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