MANILA - Ayala Land's official real estate investment trust listing on Thursday was "timely" as it signaled the confidence in the country's economy and resiliency despite the on-going coronavirus pandemic, Finance Secretary Carlos Dominguez III said. "This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of... Continue Reading →
Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July
According to Knight Frank's latest Global Property Index, and despite localized outbreaks, a number of global cities are seeing sales volumes continue to recover with April so far looking to be the low point for residential activity. New outbreaks have emerged in parts of the US (Southern & Western states), Spain (Catalonia, Galicia) as well as... Continue Reading →
Manila is World’s Top Housing Market for Price Appreciation at 22 Percent Annually
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent According to international property consultant Knight Frank's latest Global Residential Cities Index, Manila leads the annual world rankings for the second consecutive quarter with price growth of 22% in the year to March 2020. Budapest... Continue Reading →
Projects that Respond to Post-Pandemic Needs, Prioritized
The government has revisited its massive Build, Build, Build (BBB) program, adding and striking out projects, according to fiscal space, project readiness, and implementation, the Manila Times reported. According to the presidential adviser for flagship programs and projects, Vince Dizon, his office has prioritized endeavors that have sufficient funding and can begin construction immediately. He added that... Continue Reading →
Tagaytay Highlands reaps benefits of successful cleanup
TAGAYTAY Philippines — Homeowners, members and guests in Tagaytay Highlands, a premier leisure development of the SM Group of Companies, are now fully enjoying high-quality services in the recreational and residential complex after a successful cleanup and rehabilitation. In March, its major roads, driveways, golf courses and other facilities were cleared following Taal Volcano’s phreatic... Continue Reading →
BGC-Ortigas Link Bridge Almost Complete
The main bridge of the Bonifacio Global City (BGC)-Ortigas link road is almost complete, as reported by the Department of Public Works and Highways (DPWH) Secretary Mark Villar in his official Facebook page. Once finished, the travel time between Taguig and Pasig will be reduced to only 12 minutes, he said in a separate Facebook post. In... Continue Reading →
Pin this ultimate security checklist for your property
A well-secured home is not only needed in extraordinary times (such as this quarantine season when every member of the family is inside) but also during ordinary days. Whether your property is a condo unit, an apartment, a bungalow in a village, or a mansion in an enclave, it is wise to make sure you... Continue Reading →
4 reasons why co-working spaces are key to business recovery
THE sudden upsurge of coronavirus disease 2019 (Covid-19) cases has prompted businesses worldwide to make adjustments on how they transact with the realization that they can no longer go back to the way it was before. The layout of lounges that complies with health and safety protocols, particularly social distancing. While the pandemic has brought... Continue Reading →
DMCI profit slips to P2B in Jan-June
Listed DMCI Holdings Inc. reported on Tuesday that its net income plummeted to P2 billion in the first half of the year despite its subsidiaries displaying “resilience” amid the coronavirus pandemic. In a filing, the Consunji-led firm said it recorded that amount, a 69-percent decrease from P6.5 billion in the first six months of 2019,... Continue Reading →
Revitalizing property sector through the power of technology
Because of the COVID-19 pandemic, local industries are now struggling. From restaurants, retail shops to leisure centers and even schools, businesses are feeling the economic impact of the ongoing health crisis. The real estate industry, in particular, has been affected because site visits and face-to-face meetings have become almost impossible. Thankfully, advances in technology have... Continue Reading →
