Real estate facts and more in the Philippines.
MANILA – The Department of Trade and Industry (DTI) released Memorandum Circular (MC) No. 20-12, Series of 2020 on 4 April 2020 granting a 30-day grace period for residential and commercial rent falling due within the the Enhanced Community Quarantine (ECQ) period. “To provide economic relief to Filipinos and MSMEs during the COVID-19 public health emergency, DTI... Continue Reading →
By Rene Acosta April 7, 2020 The Department of Human Settlements and Urban Development (DHSUD) has declared another moratorium, this time, on the “in-house financing plans, or credit intermediation” extended by real-estate developers to house and lot and condominium buyers. The moratorium was imposed by DHSUD Secretary Eduardo del Rosario as the agency’s contribution to... Continue Reading →
STATE-owned lender Home Development Mutual Fund (Pag-IBIG), popularly known as the Pag-IBIG Fund, announced on Tuesday it is offering a three-month moratorium to its member-borrowers to help defray their expenses during the enhanced community quarantine being implemented by the government in its fight to contain the coronavirus disease 2019 (Covid-19). In a statement, the HDMF... Continue Reading →
MANILA - Robinsons Land Corp provides food, sleeping quarters and shower rooms inside its facilities for frontline workers during the Luzon-wide lockdown, the company said Wednesday. The benefits are provided for personnel who opt to stay within malls to keep supermarkets and condominiums running during the lockdown, RLC said in a statement. Building administrators, security... Continue Reading →
MANILA - Former Senate President Manny Villar remains the richest person in the Philippines with a net worth of $5.6 billion or P282.9 billion, Forbes said on Tuesday in its annual ranking of the world’s richest people. The former senator is ranked 565 in Forbes’ list of billionaires. Villar, who helms a real estate empire, is followed... Continue Reading →
*Advisories as reflected in The Palms Country Club and Filinvest websites. #realestateblogph #realestateblogphPalmsCountryClubforCovidfrontliners #palmscountryclub #filinvest #covid19 #coronavirus
MANILA - Property giant Megaworld said on Monday it is deploying its Citylink buses to provide free daily transport to healthcare personnel to and from various hospitals in Metro Manila. The company said it is coordinating with the Department of Transportation to deploy the buses that will bring healthcare workers to and from Pasig City... Continue Reading →
Amidst the COVID-19 breakout, more and more companies are exerting extra effort to help our fellow Filipinos as part of their corporate social responsibility. The help can be in the form of money, medical supplies, food supplies, and even waiving of rental charges, among others. Let’s take a look at the group of companies that... Continue Reading →
For Country Manager Kenneth Stern, RE/MAX Philippines is about far more than just selling property – it’s about improving lives. Kenneth Stern finds it difficult to pick just one achievement he considers his greatest – his status of soon-to-be-father, or his years with the Philippines’ rugby team (he played in 2013’s World Cup), are two... Continue Reading →
