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Invest and earn through property leasing

CEBU, Philippines – Real estate remains to be one of the largest investments available, however investing on property can also become a debt trap for some people. Several property investors are also...

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88.4 million people living in Philippines cities by 2050

The country’s urban population is projected to increase to 88.38 million by 2050, according to the latest report released by the United Nations (UN). Based on the findings of the UN report titled World...

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WB president sees ‘very bright future’ for Philippines

“The future is very bright for the Philippines.” This optimism was expressed by no less than World Bank Group President Dr. Jim Yong Kim who said that the Philippines will prosper if the government...

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Sizzling property market shows no signs of cooling

What may be a brash assessment of the state of the Philippine property market is a quick, simple conclusion based on available figures that indeed, there is a “bubble” forming, given the stirrings in...

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Condominium demand still healthy

Despite fears of a bubble in the residential property market as many developers continuously build condominium projects to satisfy perceived demand, the residential market remains strong, experts said....

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REIT law changes pushed to entice investors

Five years after the enactment of the Real Investment Trust (REIT) act, no one has yet participated in the scheme but it is being hoped that the law would finally be amended in favor of investors...

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Quezon City, Manila Bay area tagged as next central business districts

MANILA – A congested Metro Manila has pushed developers to venture outside the Philippine capital, giving rise to new business districts and special economic zones. In a briefing today, KMC MAG Group...

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Condo owners advised: Convert idle properties into condotels or apartments

Cebu City, Cebu – A top official of the Philippine Allied Chamber of Real Estate and Licensed Salesmen (PhilAcre) asked owners of unused condominiums to convert their condominiums into serviced...

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Despite global slowdown, WB sees strong PH growth

THE World Bank Group is forecasting strong growth for the Philippines in 2015 and in the next couple of years, even as it warns of serious challenges ahead for developing economies and downgrades the...

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Specialized investment hub eyed at Entertainment City

Parañaque City Mayor Edwin Olivarez yesterday proposed the setting up of a Special Investment District right inside the Entertainment City where world-class luxury hotels and prime entertainment...

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