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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
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

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
News and Events

Injap Sia's DoubleDragon Sets Price of Follow-On Offering at Php30 Per Share

The company stands to raise as much as Php4.5 billion, which it will use to fund its hospitality and infrastructure projects

Listed real estate developer DoubleDragon Properties Corp. has announced that the final price for its follow-on offering is Php30 per share, according to a notice it submitted to the Philippine Stock Exchange (PSE) on June 28. That is 23 percent higher than ...

by Lorenzo Kyle Subido  | June 28, 2018 06:00:00
News and Events

Condo Units for Php1.6M Each in Ortigas? 8990 Holdings Launches Its Largest Mass Housing Project in Metro Manila

Amortization seen at only Php6,000-Php-7,000 a month if acquired through a housing loan

Construction has started on Urban Deca Homes Ortigas, a complex consisting of 22 buildings on a 13-hectare property along Ortigas Avenue Extension in Pasig City. It is expected to be completed in 2023Listed real estate firm 8990 Holdings launched its largest home ...

by Elyssa Christine Lopez  | June 28, 2018 05:00:00
News and Events

Crazy Rich Asians of Davao? Ayala’s 70 Luxury Condos Priced Up to Php81-M Sold in Less Than 24 Hours

The president’s hometown is not just the nation’s new political capital but also a hot luxury property market

Artist's rendition of the planned Ayala Land Premier development called The Azuela Cove in Davao CityAyala Land Premier (ALP), Ayala Land Inc.’s luxury residential developer subsidiary, sold out all 70 units in the first tower of its flagship residential project in Lanang, ...

by Pauline Macaraeg  | June 21, 2018 02:00:00
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