property

Condo prices in Makati dropped 55 percent in the last two years

If you bought a house and lot in Rizal, a condominium unit in Pateros, or a townhouse in Davao Del Norte at the start of 2017, your property's prices soared the highest in the last two years.That’s according to data from Property24, ...

Data from Property24 show average price growth of various types of residential properties

Real estate in the Philippines has remained one of the brighter spots for investors. While pooled funds struggle to earn annual returns that beat inflation and stocks remain on a downtrend, properties have generally continued to appreciate year after year.And data from ...

In an uncertain market environment, there are always opportunities for value investing

The rise in interest rates brought about by high inflation and weak peso has caused the Philippine Stock Exchange (PSE) Property Index to lose as much as 20 percent from its high in January.Although inflation seems to have topped out recently while ...

The two companies won several trophies in industry awards given by Lamudi Philippines

Listed real estate firms Ayala Land Inc. and Megaworld Corp. were named best developers of the year in The Outlook 2018: Philippines Buyers’ Choice Property Awards organized by online real estate platform Lamudi Philippines. This year’s awarding ceremony was held last November ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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) ...

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 ...

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 ...