Publicly listed Sta. Lucia Land Inc. is bullish on its prospects going into 2023 as its earnings in the first nine months of 2022 exceed its full 2021 net income amid a stronger demand for its residential projects.
Sorsogon City is the capital of the province of Sorsogon that lies in the Bicol peninsula. It faces the island of Samar to the southeast across the San Bernardino Strait and Ticao island to the southwest. It serves as Luzon’s gateway to the Visayas and Mindanao through its Roll-on/Roll-off ferry terminal facilities located in the municipalities of Matnog, Pilar and Bulan.
CASA Infini Properties and Development Corp., the real-estate arm of Ray-Casa Group of Companies, has launched the Saleng Spa and Wellness Towers, it’s first luxurious residential condominium in Baguio City, which is expected to generate a total income of up to P1.3 billion for five years once completed by 2025.
Premier property developer Ortigas Land is bullish that 2023 will be robust because of the expected revenge investment by investors.
Cebu-based real estate developer JEG Development Corp. has announced the launch of its real estate arm JEG Realty Corp. (JRC) to manage the business’ varied portfolio of commercial, residential, and mixed-use properties.
Torre Lorenzo Development Corporation (TLDC) recently turned over an ambulance unit to the Municipality of Mabini in Davao de Oro in support of the local government’s efforts to provide better access to healthcare services to the community. The Mabini town is home to Torre Lorenzo’s flagship leisure development, Dusit Thani Lubi Plantation Resort.
Property colossus Megaworld Development Corp. (Megaworld) will harness the power of data analytics and artificial intelligence (AI) in building smart, disaster-resistant and future-ready township developments.
Recognizing the need for well-built and thoughtfully designed quality living spaces, and due to the success of Amiya Raya, Community Creators Inc. is expanding its original 36-hectare development. Offering lot sizes ranging from 200 to 350 square meters, the additional 10-hectare expansion project will give more families an opportunity to experience the beauty of highland living, while staying within 15 minutes from Quezon City and Marikina City.
A trailblazer for sustainable real estate, Damosa Land Inc. (DLI) celebrates 18 years of transforming communities as a homegrown developer of Mindanao. Through the years, the company has remained committed to boosting the socio-economic growth of the region through a growing portfolio of sustainable developments—driving economic recovery across residential, commercial, and industrial sectors.
Any resident in the metropolis would surely be yearning to take a break from the rigors and pressures brought by the concrete jungle.
WITH the ensuing Covid-19 crisis, the Land Registration Authority (LRA) has digitized the processing of certified true copies (CTC) of documents and titles with its Land Titling Computerization Project (LTCP) via the eSerbisyo portal.
Twelve days of Christmas are no doubt too short for Filipinos. In the Philippines, Christmas festivities begin in September. The “BER” months (September, October, November, and December) make up a long, jolly season of reunions, Christmas parties, gift shopping, Christmas traditions, and family bonding. It’s the most wonderful time of the year when families and friends gather to enjoy various recreational activities while cherishing each other’s company.
KMC Savills Inc., an award-winning full-service real estate firm that provides real estate solutions for local and multinational businesses, has been appointed as the exclusive leasing agent for Trium Square in Pasay City.
Being a disaster-prone country, the Philippines badly needs sustainable and pro-environmental building practices to ensure that millions of Filipinos at least minimize the impact of severe typhoons and other natural disasters caused by climate change and, to a certain extent, mismanagement of the Philippines’s environment.
As part of a province with a rich historical tradition, Tanza in Cavite is the place where Emilio Aguinaldo was sworn in as President of the revolutionary government of the Philippines. It is also the birthplace of Felipe G. Calderon, who composed the Malolos Constitution.
HOLIDAY cheers are now up at the Greenfield District in Mandaluyong with the launch of Greenfield Development Corp.’s (GDC) annual Yuletide festivities dubbed “A Christmas for Generations.”
Hann Reserve project breaks ground for exclusive PGA Of America-affiliated luxury golf resort destination in PHL
Set to become the biggest ultra-luxe integrated golf resort in the country, Hann Development Corp. (HDC), owner and developer of Hann Resorts, unveiled its grand 450-hectare project that is Hann Reserve last November 5 in New Clark City, Tarlac.
KMC Solutions, a longtime innovator of flexible office design, is unveiling a spectrum of hybrid co-working spaces that meet the demands of current work and real estate circumstances. Even with many renewed construction projects underway, workplace shifts caused by the pandemic have resulted in fully completed buildings with many unclaimed or underutilized office spaces. Vacancies rose from 11.2% to 16.2% over a one-year period as many businesses continue to prioritize a remote workforce and refrain from the expenses of a large-scale office setup.
There will be a continuous rise of collaborative spaces as the dramatic shift to remote-centric workstyles continues to grow in a post pandemic environment.
Commemorating the International Day Against Drug Abuse and Illicit Trafficking (IDADAIT), USAID’s RenewHealth project hosted a joint event, the “Kapamilyang Kalinga sa Pagbangon Laban sa Droga,” in collaboration with the Department of Social Welfare & Development (DSWD), Department of Health (DOH), and the Dangerous Drugs Board.
RLC Residences offers an amazing new development for modern millennials with its newly launched pre-selling development, the SYNC N-Tower.
Upper middle market developer Data Land Inc. (DLI) recently celebrated its 10th anniversary with the re-launching of its P11-billion project which the company stressed as a sign of confidence in the local property market.
The South of Metro Manila Sprints to Growth and gives a Promise of Progress with Vermosa by Ayala Land
The 4th largest estate of Ayala Land is poised to fuel the progress in the South of Metro Manila. It’s the 725-hectare Vermosa central business and residential district that encompasses the cities of Imus and Dasmariñas in Cavite.
PA Properties opens new sales office in Bulacan in its bid to provide quality and affordable housing to more families
In an effort to expand their endeavors outside of the Southern Luzon region, Laguna-based property developer PA Alvarez Properties and Development Corporation (PA Properties) opened a brand-new sales office in San Jose del Monte, Bulacan, last October 13, 2022. The opening was celebrated through an office blessing, followed by a ribbon cutting ceremony.
Developers nowadays, especially the major ones, put a premium on sustainability not only in response to the environmental challenges but also to market demands.
Home to many popular establishments, Greenhills is one of the most recognizable and sought-after areas in Metro Manila. Its strategic location is perfect for professionals and families who seek a home in the city ready for their needs. RLC Residences offers Chimes Greenhills, a ready-for-occupancy (RFO) property in Annapolis Street, for those looking for a new home with everything within their reach.
FLEXIBLE workspace provider KMC Solutions (KMC) is further expanding its footprint in the Philippines, with the opening next month of its new multi-story site in Makati City.
In the words of the great Francis Scott Fitzgerald, “the rich are different from you and me.”
“You can have any color, as long as it’s black.” –Henry Ford
DESPITE the onset of monsoon or rainy season that causes flooding, homeowners at Pueblo de Oro’s (PDO) 30-hectare residential subdivisions—Horizon Residences, La Aldea Fernandina and Park Place Pampanga—continue to benefit from its careful planning and design of flood control measures in place.
The Covid-19 pandemic has caused much disruption in the property sector.
GOTIANUN-LED property developer Filinvest Land Inc. has appointed Colliers Philippines as landlord representative of Studio 7, a 24-story LEED Silver-certified office development in Quezon City.
Torre Lorenzo and De La Salle-College of Saint Benilde partner to showcase Manila’s dynamic character through digital art
Torre Lorenzo Development Corporation (TLDC) launches a digital mural art contest in partnership with the De La Salle-College of Saint Benilde (DLS-CSB) aimed at highlighting Manila City’s historic and cultural character in its newest co-living residences, lyf.
The stage is set for robust property appreciation in North Caloocan, Novaliches, all the way to San Jose del Monte in Bulacan with the completion of MRT 7 by year-end, according to Leechiu Property Consultants (LPC) executives.
Federal Land, Inc., along with its Japanese partners Nomura Real Estate Development Co., Ltd. and Isetan Mitsukoshi Holdings Ltd., celebrates another milestone with the topping off ceremony of The Seasons Residences Natsu Tower. The event marks the structural completion of the second tower of the development—a testament to Federal Land’s commitment to developing well-built structures and bringing in a piece of Japan in BGC.
Avida Land, the mid-market segment subsidiary of property titan Ayala Land Inc. is on a roll as it continues to develop houses, corporate offices and mixed-use developments. Boasting a growth portfolio of 100 projects in 25 prime locations, Avida Land will be celebrating its 32nd anniversary this October in a grand fashion by launching two newest and most exciting projects—Centralis Towers on Taft Avenue in Pasay City and Patio Madrigal on Roxas Boulevard, Manila.
In a country like the Philippines, going green is a quixotic task. Nevertheless, boutique developer Arthaland remains committed to pursue the sustainability agenda because it becomes highly satisfying when people support their worthy cause and hope more will join them in their crusade.
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, was presented with the BERDE-5-Stars district certification for its LIMA Estate in Batangas—the very 1st industrial estate and the largest project in the country to achieve this certification.
REAL-estate developers, policymakers, suppliers, and other stakeholders of the housing sector will gather to discuss macro trends, current issues and solutions in the industry at the National Developers Convention 2022, themed “Change-proofing the Industry: Building Homes for Filipinos, Today and Tomorrow,” on October 5 and 6 to be held at the Grand Hyatt Manila, Bonifacio Global City, Taguig City.
Aside from good governance, sanctity of contracts and a coherent investment policy, pursuing sustainable initiatives especially among property developers would attract major global corporations to invest in the Philippines.
D.M. Wenceslao & Associates, Inc.’s (DMW) wholly-owned subsidiary Aseana Residential Holdings topped off the fourth and final tower of its second residential project, the MidPark Towers.
THE robust inflow of foreign investments in the second quarter of 2022, particularly in the transportation and storage industry, as well as in the manufacturing sector, is expected to drive industrial and warehouse space absorption, according to Colliers Philippines.
The Covid-19 pandemic was a game changer for many developers. Interestingly, the provincial market allowed developers to promote sustainability, affordability and stability in their respective marketing segments.
EXPERTS in the design, urban planning and residential development sectors exhorted real estate companies and end-users to go green as the impacts of climate change, the ensuing pandemic, and other crises are here to stay.
Base Bahay and Hineleban Foundation showcase climate-resilient bamboo home prototypes for Mindanao and BARMM builds
Base Bahay Foundation Inc. and Hineleban Foundation today showcased three model houses at Hineleban’s Tuminugan Farm in Bukidnon which were designed and built using Cement-Bamboo Frame Technology (CBFT) as housing prototypes for future affordable housing projects in the region.
On August 27, Primeworld Land Holdings Inc. (PLHI) unveiled its Eliana townhouse model unit in an intimate celebration with its executives, project development teams, and sales partners at Primeworld Enclave in barangay Caingin, San Rafael, Bulacan.
THE environmental, social and governance (ESG) strategy is the response of the property sector towards building and developing a sustainable future.
SM Development Corporation (SMDC) solidifies its presence in Pampanga with the opening of the Now Residences Showroom and Office last Thursday, August 18, in SM City Clark Pampanga. Now Residences is a mid-rise residential garden community in the first-class, highly progressive city of Angeles, seen to provide residents with a luxurious, sustainable, and fulfilling lifestyle.
In today’s fast-paced world, finding time and spaces to protect one’s well-being has become a bigger priority for many. It would be ideal to find a home that also serves as a sanctuary that nurtures one’s physical and mental health while also being in a comfortable range to still be close to life’s essentials.
REVENGE shopping and revenge travel are going to be the growth drivers of Araneta City’s Gateway 2 and Ibis Styles Hotel as they gear up for their openings on December 2022 and first half of 2023 respectively.
WITH over two years since the beginning of the COVID-19 pandemic, where individuals were confined to the comforts of their own homes, the market’s perspective has shifted to an increasing demand for wide open spaces. Damosa Land, one of the leading property developers in Mindanao, stays on top of this renewed market interest through their eco-friendly developments anchored towards enriching the agriculture industry and economic development of the Davao region.
THE designation of the new housing secretary by President Ferdinand “Bongbong” Marcos has been welcomed by the Subdivision and Housing Developers Association (SHDA), which also backs up the government’s goals for the housing industry in the next six years.
According to the Housing and Urban Development Coordinating Council (HUDCC), there is an unmet need for housing in the Philippines of almost 6 million units, based on its estimates for the period ending as far back as 2016. By today, it may be safe to assume that the backlog has even increased, especially given the physical and financial difficulties brought about by the unforeseen COVID-19 pandemic in recent years.
The much-anticipated event The Outlook 2022: Philippine Real Estate Conference will happen on August 31, 2022. The in-person conference will feature time-relevant panel tracks and distinguished speakers from prominent property companies and related businesses.
Major green developer Arthaland is offering businesses the Savya Financial Center, its next generation premium sustainable office building. In partnership with Japan’s Mitsubishi Estate Company Ltd., Arthaland’s Commercial Project Channel Director Ana Marco said in a recent press briefing that Savya Financial Center is now welcoming locators to the first premium green office development in highly connected ARCA South in Taguig City. Right now, Marco said 60 percent of the units in Savya are sold out.
IT-Business Process Management (IT-BPM) firms are not the only ones taking up spaces in key Metro Manila business districts today. Traditional corporate occupiers engaged in manufacturing, construction, finance, retail and the like also take credit for 55% of the live requirements or transactions in various stages of the leasing process as of Q2 2022, according to a recent study by Leechiu Property Consultants (LPC).
The property industry is currently embarking on a greening program by establishing green buildings. Property management and consulting firm Santos Knight Frank (SKF) expects that the proportion of leadership in engineering and environmental design (LEED)-certified buildings in Metro Manila will increase from 22.3 percent in Q2 2022 to 32 percent by the end of 2025.
The Philippine office segment, the residential sector and tourism are well positioned to enjoy strong growth arising from the opportunities brought about by “a multitude of global headwinds” including global inflation and rising interest rates, according to David Leechiu, CEO of leading real-estate services firm Leechiu Property Consultants (LPC).
ESCA Engineering, a 100 percent Filipino engineering consultancy specializing in technology-driven project and construction management, structural engineering and civil engineering solutions for private and public developers, owners, and project-proponents in the local and international markets, recently introduced a Filipino-homegrown digital building information modeling (BIM) platform that fits right in the Philippines and other emerging markets.
It’s the natural choice for your next staycation.
Bonifacio Global City (BGC) in Taguig has become one of the largest business districts in the Philippines, being home to prime retail and residential facilities as well as five-star and business hotels, international schools, and top-notch hospitals. As such, having a BGC address equates to an upbeat live, work, and play lifestyle that complements the passion and pace of a driven city-zen.
The outlook for Philippine real estate is becoming brighter as more people return to onsite work and are looking for well-developed and accessible residential areas to live closer to their work, as Fiscal Incentives Review Board (FIRB) recently ordered a return-to-office or on-site work arrangement for registered business enterprises and outsourcing firms boosting consumer confidence in the residential property market.
CONSTRUCTION project management company JCV & Associates (JCVA) has tied up with leading 3D visualization provider Digiscript Philippines Inc. to introduce one of the most advanced technologies for reality capture called OpenSpace.
Commemorating the International Day Against Drug Abuse and Illicit Trafficking (IDADAIT), USAID’s RenewHealth project hosted a joint event, the “Kapamilyang Kalinga sa Pagbangon Laban sa Droga,” in collaboration with the Department of Social Welfare and Development (DSWD), Department of Health (DOH), and the Dangerous Drugs Board.
Lamudi, the leading real estate platform in the Philippines, recently elevated Anurag Verma as the new CEO, succeeding Kenneth Stern, who was the head of the firm for two years.
The office property market is experiencing good times based on data and current sentiment in the market.
SM Development Corporation (SMDC) showed steadfast commitment in bringing master-planned communities to more growth areas across the country as they topped off Hill Residences last Wednesday, July 6, in Novaliches, Quezon City.
Affordable housing developer 8990 Holdings, Inc. (8990) is confident the affordable market will experience a boom in 2022 as the digital natives realize the importance of investing on a long-term basis by buying a home.
Douglas Adams, an English author, screenwriter, essayist, humorist, satirist and dramatist, has an idyllic description of living near the beach.
Like a city that keeps on growing, SM City Clark in Pampanga never fails to fascinate us with its new and amazing attractions. Starting out as a 101,840-square-meter mall when it opened in 2006, it now sprawls at 308,909 square meters. It has likewise evolved into a complex, which now includes BPO Towers, a Tech Hub, a Park Inn by Radisson Hotel, National University, and SMX Convention Center.
Leading developer in VisMin Cebu Landmasters, Inc. (CLI) donates two medium-rise condo buildings valued altogether at P215 million for informal settlers in Cebu City and in Mandaue City as part of the listed company’s commitment to provide quality and sustainable in-city vertical socialized housing.
The emergence of smart buildings was a very welcome development in the sector as it trimmed the simple tasks, simplified communications and created a livelier and more productive office environment.
Metro Cebu is acknowledged as one of the highly developed districts in the country. It hosts several well-known business districts, huge shopping malls, reputable hotel chains and meetings, international conventions and exhibits (MICE) facilities, plus the formidable information technology-business processing management (IT-BPM) industry that provided close to 3 million residents ample employment opportunities and economic growth.
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, bares plans to transform the LIMA Estate into a sustainable economic center to attract major investments to support the country’s economic recovery.
WITH the incoming administration, real-estate industry leaders expressed their hope that the country’s housing backlog now affecting some 6.7 million poor families will be given a high priority under the leadership of president-elect Ferdinand “Bongbong” R. Marcos Jr.
Property technology (proptech) developer Imperial Homes Corp. (IHC) launched on June 2 the country’s first-ever solar net-metered community in its Via Verde Trece Martires development in Cavite.
AS the country’s economy reopens due to the constant decline in Covid-19 cases not only in Metro Manila but in other parts of the country, tourism industry follows with travel-related businesses now back in operation as people begin to go out again and explore various destinations—a perfect respite from the stress and anxiety brought about by the pandemic over the last two years.
THE property sector saw developers adjusting to the market needs brought about the Covid-19 pandemic. It saw the emergence of a live-work-play community that offers nature-centric exceptional amenities.
HOLCIM Philippines Inc. and Build Change Philippines are working together on disaster-resilient housing projects and vow to push this advocacy among stakeholders. Both parties agreed to initially support areas impacted by Supertyphoon Odette in 2021.
With our homes becoming our safe haven amid the crisis, the importance of good design and anticipative planning has never been made clearer. Residential architecture and design now play a crucial role in creating a better, safer and more livable built environment, especially in the post-pandemic era.
HOUSE hunters seekers are now looking for residential projects offering technology and security that lean towards a better normal as the health crisis situation in the country improves, bared a study.
At the height of the pandemic, location was emphasized as the top essential when buying properties in response to lockdown measures and mobility restrictions. Now, as the health crisis wanes, technology and security emerge as one of the most important priorities of property seekers aiming to create a better normal.
Looking to build the perfect dream home or renovate a newly acquired house? Remember to keep multi-split HVAC solutions in mind as well. Multi-split home systems might seem like an extravagance for most, but it offers incredible features that add even more quality of life improvements for your ideal home. Aside from adding energy efficiency, it also offers less noise, space savings, and fuss-free maintenance.
The improving consumer confidence and recent easements in COVID-19-related restrictions bode well for the property market. With such developments, property investors are taking advantage of the opportunity to capture the pent-up demand for residential spaces, especially from those who are easing back to work in Metro Manila’s central business districts.
There is truly no stopping new developments from coming full circle in Circuit Makati, and the brightest of which is Astela, Alveo Land’s latest residential condominium in this thriving Ayala estate.
Lamudi data for the first quarter of 2022 found that the top sources of leads for rentals in Makati, Pasig and Taguig were roughly split between property seekers within and outside Metro Manila. Four out of the top 10 sources of leads for each aforementioned city with a central business district (CBD) were cities located outside the National Capital Region (NCR).
After two pandemic years, the Philippine office market seems ready to grow more briskly as indicated by 358k sq m of live requirements or ongoing transactions likely to be concluded within the next six months, according to a study by Leechiu Property Consultants (LPC).
TWENTY-TWO members of the Subdivision and Housing Developers Association Inc. (SHDA) were recently recognized as top-performing real-estate companies in the Pag-IBIG Fund Virtual Stakeholders’ Accomplishment Report (StAR) for 2021.
Alberto R. Dy Sun President of Yakult Philippines Inc., together with Mayor Edgar Lignes of El Salvador City, Misamis Oriental, headed the groundbreaking ceremony of Yakult El Salvador (Y.E.S) plant recently, at Barangay Quibonbon, El Salvador City, Misamis Oriental, Mindanao. The event was also attended by the executives of Yakult Philippines Inc. and CCT Constructors Corporation.
Makati, Pasig and Taguig recently emerged as top sources of leads for rentals for the first quarter or 2022, according to leading online real-estate platform Lamudi. Moreover, roughly split data between property seekers within and outside Metro Manila. According to Lamudi, 4 out of the top 10 sources of leads for each aforementioned city with a central business district (CBD) were cities located outside the National Capital Region (NCR).
CONDOMINIUM dwellers who are looking for a home that feels like they are taking a vacation yet not remiss their daily grind whether work or business, the AmiSa Private Residences is the place to be with its fourth vertical development that provides full vista of the majestic Mactan seascape and nearby islands.
The excruciating experiences caused by several months of lockdown resulted in the emergence of a new market segment which was a shot in the arm in the property industry.
Despite setbacks in Q1 2022 due to the Omicron Covid variant, the IT-BPM sector is expected to continue expanding in 2022 to 1.8 million Full-Time Employees (FTEs) from 1.69 million FTEs in 2021—with both Metro Manila and provincial locations benefiting from the sustained growth, according to a recent study of Leechiu Property Consultants (LPC).
All roads recently led to Roxas City when SM City Roxas opened its doors, bringing great shopping, leisure, and entertainment to this beautiful and bustling city in the island of Panay. SM City Roxas is SM Prime Holdings Inc.’s 79th supermall and the third in the Western Visayas region after SM City Iloilo and SM City Bacolod.
After seven consecutive quarters of being stuck in the doldrums, the office market is showing signs of recovery, according to the latest report of Colliers Philippines.
Somerset Central Salcedo formally opened its doors recently amid the very welcomed lifting of pandemic restrictions in our country. The much-awaited serviced residences are a welcome smart option for local and visiting residents to take that step closer to the hustle of regular everyday living, a part of life that many just realized they have missed.
REAL-estate company Alsons Development and Investment Corp. (Alsons Dev) and the municipal government of Alabel led the groundbreaking ceremony for the construction of the P30-million 877.5-meter bypass road that will link Libertad Road in Barangay Maribulan, Alabel to the Sarangani-Davao del Sur Coastal Road.