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News and Events

Soon, New Condo Owners Can Demand Instant Wi-Fi Installation Just by Scanning a QR Code

Ortigas & Co. executive explains how property developers are innovating while remaining cautious

Ortigas & Co. SVP and COO Thomas Mirasol (center) was one of the speakers in Lamudi's media roundtable last September 20“Innovation in real estate is more incremental rather than revolutionary… You can be very aggressive and try to be very revolutionary, but ...

by Lorenzo Kyle Subido  | September 24, 2018 09:00:00
News and Events

Clark Overtakes Cebu as 2nd Most Active Office Property Market in PH

High demand is driven mostly by the Dennis Uy-led Clark Global City project

Clark Freeport emerged as the country’s second largest office market in the first nine months of 2018, according to real estate analyst Leechiu Property Consultants (LPC). It overtook Cebu, which has been the country’s second largest market for office transactions in the ...

by Lorenzo Kyle Subido  | September 18, 2018 05:00:00
News and Events

Guess How Many Filipinos Plan on Buying a House in the Next 12 Months

The figures are relatively steady despite a sharp drop in consumer confidence in 3Q of 2018

Around 9.2 percent of Filipino households say that they intend to purchase a residential unit in the next 12 months, according to the latest Consumer Expectations Survey by the Bangko Sentral ng Pilipinas (BSP) covering the third quarter of 2018.That’s only slightly ...

by Lorenzo Kyle Subido  | September 17, 2018 09:00:00
News and Events

After Prolonged Boom, Are There Still Opportunities in PH Real Estate?

ICCP's Real Estate and Investment Conference 2018 will explore timely question on September 25

The local real estate market has experienced a surge in prices in the last few years. Latest data from property analyst Colliers International Philippines pegged the capital value of luxury residential units in Makati at a maximum of Php301,000 per square meter ...

by Lorenzo Kyle Subido  | September 14, 2018 08:00:00
News and Events

Which Infrastructure Projects in Metro Manila May Push Up Prices of Nearby Land?

Property consultancy Colliers says one project boosted the value of surrounding land 9-fold

One of the major projects of the Duterte administration is the Build, Build, Build program, which aims to boost infrastructure development across the country. Encompassing over 60 projects spearheaded by the Department of Public Works and Highways (DPWH), Department of Transportation (DOTr) ...

by Lorenzo Kyle Subido  | August 23, 2018 10:00:00
Run & Grow

Finding It Harder to Rent an Office or Buy a Condo at Affordable Prices in Metro Manila? Here's Why

Colliers report details how offshore gaming firms are driving demand for property in the metropolis

Ever since the Philippine Amusement and Gaming Corp. (PAGCOR) began accepting applications for offshore gaming firms to operate in the Philippines in September 2016, these companies have become a major driver in the country’s real estate industry.While that is most apparent in ...

by Lorenzo Kyle Subido  | August 20, 2018 09:00:00
News and Events

Crazy Rich Indeed: There Are More Dollar Billionaires from Asia Than the US

A quick comparison of the richest billionaires from the US and the Asia-Pacific region

Among the many factors fueling the hype for Crazy Rich Asians, a film based on a novel of the same name published in 2013, is the rare glimpse it gives to ultra wealthy Asian societies, a group that is much less talked ...

by Lorenzo Kyle Subido  | August 17, 2018 09:00:00
News and Events

Mactan-Cebu Int'l Airport Boosts Megawide's First-Half Earnings

Megawide Construction Corp. posted a 10-percent rise in net earnings in the first half of 2018

 Megawide Construction Corporation posted a 10-percent net profit growth in the first half of the year, the diversified engineering and infrastructure company announced in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, August 15.Megawide’s consolidated net earnings grew to Php1.26 ...

by Pauline Macaraeg  | August 15, 2018 05:00:00
Run & Grow

Financial Adviser: 5 Surefire Ways to Protect Your Life Savings from Rising Inflation

There are ways to manage your savings to stay ahead of inflation

The Philippine Statistics Authority (PSA) recently reported that the national inflation rate has accelerated to 5.2 percent in June, the highest ever recorded since 2012.Inflation has been increasing at the start of the year from 3.4 percent in January to 4.6 percent ...

by Henry Ong  | July 17, 2018 09:00:00
News and Events

Despite Bear Market, Injap Sia's DoubleDragon Meets Target and Raises Php4.5-B from Share Sale

The real estate developer listed an additional 150 million shares in the PSE last July 13

Listed real estate developer DoubleDragon Properties Corp. has raised Php4.5 billion worth of fresh funds from its follow-on offering, according to a photo release from the Philippine Stock Exchange (PSE) dated July 13.That means the company was able to sell all 135 ...

by Lorenzo Kyle Subido  | July 13, 2018 06:00:00
News and Events

Would You Buy DoubleDragon's Follow-on Offer Shares at Higher Than the Market Price?

The offer price of Php30 per share is 18.8 percent above the latest closing price at the PSE

Last June 28, listed real estate developer DoubleDragon Properties announced that the final price for its follow-on offering is at Php30 per share. The company is raising fresh funds for its hospitality and industrial projects, and it stands to earn as much ...

by Lorenzo Kyle Subido  | July 05, 2018 08:00:00
News and Events

BSP Reports Prices of Some Residential Properties Grew 5X From Last Year-Guess Which Ones

The central bank unveiled its latest residential real estate price index

Prices of residential properties across the country grew an average of 2.1 percent year-on-year in the first quarter of 2018, according to the latest residential real estate price index (RREPI) released by the Bangko Sentral ng Pilipinas (BSP) last June 29.Properties within ...

by Lorenzo Kyle Subido  | July 02, 2018 06:00:00
News and Events

Where in PH Can You Find the Highest Resale Values for Residential Condos?

Secondary market prices in Makati's two real estate hotspots average Php243,000 per sqm and Php207,670 per sqm

RE/MAX Philippines Country Manager Kenneth Stern presenting RE/MAX Philippines’ 2017 transaction dataTwo areas in Makati City recorded the highest resale values for residential condominium units in the country, according to data released by the Philippine arm of global real estate brokerage firm RE/MAX.Barangay ...

by Lorenzo Kyle Subido  | June 29, 2018 09:00:00
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