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News and Events

Real Estate is Booming in PH but Millennials are Not Buying. A Young Broker Explains Why

Ice Oliva lists social and cultural reasons why millennials aren't interested in property

The Italian Chamber of Commerce in the Philippines (ICCPI) just held the Real Estate and Investment Conference 2018, a one-day event where experts from the private and public sectors talked about the various investment opportunities in the local real estate industry, on ...

by Lorenzo Kyle Subido  | September 27, 2018 11:00:00
News and Events

(Look) A BGC in Every Region? Masterplanned Townships Spread to Rest of PH

It's a sign that property buyers are willing to pay for order, community and systems, says property expert

Whenever experts and analysts talk about the massive opportunities in the real estate industry, chances are the discussions are focused on the Metro Manila market.Data from real estate analyst Leechiu Property Consultants (LPC) revealed that there are at least 63 masterplanned communities, ...

by Lorenzo Kyle Subido  | September 25, 2018 08:00:00
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
Run & Grow

SM Prime, Ayala Land or Robinsons Land: Which Property Builder Pays Top Officers the Most?

Check out how much top property company executives received as average compensation in 2017

SM Prime Holdings, Inc. may be the most valuable listed firm under the property sector in the Philippine Stock Exchange (PSE) by market capitalization, but it only comes second to Ayala Land Inc. when it comes to the amount of salaries, bonuses ...

by Pauline Macaraeg  | August 27, 2018 09:00:00
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

Injap Sia's DoubleDragon Posts 235% Surge in First Half Earnings to Php1.2 Billion

Recurring rental revenue now accounts for almost a third of total revenues

DoubleDragon Properties Corp., the listed real estate firm of billionaires Edgar “Injap” Sia II and Jollibee founder Tony Tan Caktiong, reported a 234.6-percent increase in net income for the first six months of 2018, breaching the Php1-billion mark for the first time.In ...

by Elyssa Christine Lopez  | August 16, 2018 03:00:00
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
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

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

From Military Engineer to Reclamation Pioneer: D.M. Wenceslao and PH’s First IPO of 2018

The construction company is selling its shares to the public from June 18 to 22

From June 18 to 22, real estate developer D.M. Wenceslao & Associates Inc. (DMWAI) will be offering up to 781 million shares for Php12 apiece. The company will then list on the main board of the Philippine Stock Exchange (PSE) on June ...

by Lorenzo Kyle Subido  | June 18, 2018 07:00:00
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