Properties Listing

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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Aboitiz to construct transmission line in Lima

ABOITIZ Construction Inc. (ACI) bagged the P206 million contract to design and construct Lima Enerzone Corp.’s 69kV over head transmission line for the Lima Technology Center in Lipa, Batangas. The latest transmission construction project strengthens ACI’s foothold in the power construction market.  ACI said it has had foundation and erection work...

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Megaworld sets aside P65B for expansion in 2019

Tycoon Andrew Tan-led property developer Megaworld Corp. has earmarked P65 billion for capital spending this year, mostly for its township developments across the country. “We are ramping up our residential properties in our portfolio this year as we have seen a remarkable spike in residential demand across our townships, both in Metro Manila and in the provinces. Likewise, we r...

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Developers undeterred by traffic

EVEN with the traffic congestion that has been plaguing Minglanilla, units in a subdivision there continue to sell well in the market. Harold Vince See, PrimeHomes Development Corp. business development manager, said Minglanilla was an ideal location for families who wanted to live near the city.  “Because there’s no other option, especially if the...

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Sheraton units ‘nearly sold out’

BUYERS of luxury resort residences in Mactan are not deterred by the presence of medical wastes in the waters of Lapu-Lapu City. Ray Go Manigsaca, AppleOne Properties president, said 90 percent of their condominium units in The Residences at Sheraton Cebu Mactan Resort have been sold.  “There’s no problem here because we are located in one of the c...

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CLI reservation sales reach P8.54B in 2018

CEBU Landmasters Inc. (CLI) recorded P8.54 billion in reservation sales in 2018, breaking the P7-billion target set for the year by 22 percent. The year-end reservation tally has exceeded the previous year’s P4.58 billion by 86 percent. In a disclosure to the Philippine Stock Exchange, the company said the reported amount is net of the joint-venture partners’ share. Accoun...

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