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Socialized housing challenges continue to hound developers

MANILA, Philippines —  While stakeholders in the country’s property sector are committed to do their part in quelling the growing backlog in housing, several hurdles, particularly on the regulation side, continue to pose a challenge to developers. Subdivision and Housing Developers Association (SHDA) president Christopher Narciso said the country’s housing backl...

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Cebu-based developer enters Manila market

MANILA, Philippines - While major property firms are expanding their footprints outside Metro Manila, one provincial developer is doing the opposite as it seeks more opportunities in the highly-competitive Makati office market. Innoland Development Corp., founded in Cebu in 2005, recently launched its first office building in Metro Manila, Altaire, a 45-story building on a 6,111 squar...

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Thai firm building up to 15 new budget hotels in Philippines

MANILA, Philippines — The Erawan Group Plc., Thailand’s leading hotel developer, is planning to build up to 15 budget hotels in the Philippines over the next five years. Kamonwan Wipulakorn, president and director of The Erawan Group, said the company is allotting P4 billion over the next five years to build 12 to 15 budget hotels under the Hop Inn brand in Manila, Cebu an...

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Filipinos, Foreigners and Former-Filipinos: Process of having a Home in the Philippines

            Having your own real estate in the Philippines is nice to hear. There are many beautiful places to go. Beaches like Boracay in Aklan, waterfalls like Pagsanjan falls in Laguna, and big shopping malls. If you are a foreigner, you will like the people here in the Philippines because they are very hos...

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Real Estate Mobile Applications

            As the years, months, days, and time passes by, people find ways in order to make our life and work easier. Computers and cellphones are one of the medium they had created. These things are very useful in terms of saving records, datas, important documents, and communication.             In real estate business be...

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Supply of BPO-ready buildings in Metro Manila now dwindling

MANILA, Philippines -  With office vacancy rates hovering at four percent in the Ortigas-Pasig-Mandaluyong area and in the rest of Metro Manila, office spaces like Ortigas Technopoint Two to be completed at the last quarter of 2017 are in tight demand. While there remains a strong supply of office space coming in 2017, demand for strategically located buildings continue to be rap...

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