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News and Events

Makati Awards $3.7-B Subway Project 7 Months Ahead of May 2019 Polls

Will IRC begin construction amid the tight electoral contest between Binay siblings?

The Makati City Government has officially awarded listed real estate firm IRC Properties Inc. the permit to establish and operate a subway system in the city, the company said in a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, October 23.“The ...

by Elyssa Christine Lopez  | October 23, 2018 04:00:00
News and Events

Only 37 Minutes: Would You Ride a PNR Train from Caloocan to Makati?

The DOTr is reopening the train service 20 years after it was shut down

The PNR reopened a train service between Caloocan and Makati City on Wednesday, August 1It’s no secret that public transportation in Metro Manila is far from ideal, so for commuters braving the urban streets every day, every little bit helps.On Wednesday, August ...

by Paul John Caña  | August 01, 2018 05:00:00
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
News and Events

Unsolicited Proposal to Build 11-Km Makati Subway Acknowledged by City Gov’t

Costing $3.7 billion, the project still has to be negotiated by the LGU and proponent IRC Properties

The Makati City Government has granted “original proponent status” to the unsolicited proposal of listed real estate firm IRC Properties Inc. to establish and operate a subway system in the city, the company said in a disclosure to the Philippine Stock Exchange ...

by Elyssa Christine Lopez  | June 21, 2018 01:00:00
News and Events

Supply of New Office Space in NCR Soars Beyond 1M Sqm This Year

Opportunities abound for interior designers, office equipment and furniture suppliers and others

Due to a combination of strong demand and construction delays last year, the supply of new office space will more than double to 1.4 million square meters this year, according to property consultancy JLL. Last year, the supply that came in reached ...

by Pauline Macaraeg  | March 29, 2017 11:00:00
Startup Tips

A haven for startups in Makati City

Makati is the place for big and small biz

Everyone knows Makati City as the home to the country\\\'s biggest companies and business establishments. But not everyone knows that Makati is also a place for small businesses. Tucked in a quiet corner of the country\\\'s central business district is the Collective, ...

by Entrepreneur Staff  | October 10, 2011 03:00:00
Business Ideas

A look at office rental rates around Metro Manila

The 7 top locations for office space in the capital

Are you looking for office space in Metro Manila? Or does your business need to expand operations? The demand for office space developments, along with residential condominiums will continue to grow through the year 2015 according to Jones Lang Lasalle Leechiu (JLLL), ...

by Peter Imbong  | September 09, 2011 12:00:00
Business Ideas

New facility to boost tourism business in Makati

The 212-room apartment hotel will expand tourist facilities in Makati CBD

A new tourism facility was approved by the Board of Investments in Makati that will help boost the city\\\'s facilities for local and foreign tourists.Valero Prime Land Realty Development Corporation will build the P336.7 million project called Citadines Salcedo Makati in Valero ...

August 08, 2011 02:00:00
Business Ideas

Why investors are flocking to Park Terraces

Project head gives the reasons

The Ayala Center in the heart of the country’s central business district is undergoing some major renovations. First up on the list is the much awaited Park Terraces, a three tower, low density condominium project."The rising demand for living spaces at the ...

by Carlo P. Mallo  | August 01, 2011 03:00:00