Properties Listing

Local developer expands high-end housing project

CEBU, Philippines — Prime Homes Development Corporation is building 45 family homes as it expands its Luana series of subdivisions.   The company is spending an estimated investment of P200 million to build this exclusive subdivision, primarily targeted to middle to high-end market segment, said Prime Homes chief executive officer (CEO) Benedict Que. &nb...

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Developer sees bright prospects in Cebu’s real estate sector

CEBU CITY— Citing future infrastructure projects and growing market demand, PrimeHomes Development Corporation launches another real estate project in the municipality of Minglanilla, 14 km from this city. “We still see bright prospects the real estate industry,” Prime Homes Development Corporation Business Development Manager Harold Vince See said during the launch...

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Robinland picks Quiot for 2nd project

ROBINLAND Inc. will develop its second real estate project in Barangay Quiot, Cebu City. Robinland, led by Edwin B. Robin, held a groundbreaking ceremony for three residential towers last Friday, Feb. 8.  Robin said he chose Quiot because it is situated on a hill that overlooks Cebu City. “Una man unta nakong plano ani kay residential hous...

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Demand for condos at all-time high

Despite fast-rising consumer prices and interest rates, residential condominium takeup in Metro Manila hit a record high in 2018 and home buyers demanded for more aside from the new units brought to the market by property developers. However, this record takeup may be difficult to replicate this 2019 as new launches may slow down due to the dearth of available land in the metropolis a...

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CLI banks on leasing to prop up earnings

Property developer Cebu Landmasters Inc. (CLI) is building a portfolio of office, retail and hotel property assets to create a stream of recurring earnings that would account for about a tenth of total business by 2023. In a disclosure to the Philippine Stock Exchange on Thursday, CLI said that by 2023, gross leasable area would breach the 200,000-square-meter mark. Jose Sob...

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AppleOne sets sights on new Marriott deal

CEBU, Philippines — AppleOne Properties Inc. may have to expand the hotel component of its Sheraton project on Mactan Island as it also eyes a new deal with Marriott International for another branded hotel to rise on the island. Company president Ray Go Manigsaca disclosed the Marriott Group is amenable to the plan of expanding the Sheraton Cebu Mactan Resort which is expected t...

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