News

S&P: Top property developers shifting to high-end projects

MANILA, Philippines — Despite lingering challenges in the Philippine real estate sector, the country’s four largest property developers are expected to ramp up premium residential projects over the next two years to offset a softening mass market, according to S&P Global Ratings. Property giants Ayala Land Inc., Megaworld Corp., Robinsons Land Corp. and SM Prime Holdings Inc. ar...

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Rizon property expands memorial infrastructure in Lapu-Lapu

  RIZON Property Holdings Corp. has commenced construction on its latest venture, the Serenity Viewing Chapel, a contemporary three-story funeral facility set to reshape end-of-life services in Lapu-Lapu City. The project is an added facility of Haven of Peace Memorial Garden, a growing player in Cebu’s memorial park real estate sector. Positioned as a tranquil and easily acces...

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Ayala’s Park Central Towers now among PH’s most expensive condos with 250% price surge

In the heart of Makati’s financial district, a new symbol of Philippine luxury living is commanding attention—and sky-high prices. Ayala Land Inc.’s Park Central Towers, located at the intersection of Paseo de Roxas and Makati Avenue, is nearing turnover, and with it comes a 250% surge in property values since its launch in 2016. From an initial P290,000 per square meter, p...

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Twin brothers find smart way to own a home through DMCI Homes’ HomeReady™

https://www.dmcihomes.com/whats-new/news/twin-brothers-find-smart-way-to-own-a-home-through-dmci-homes-homeready   "> For twin brothers Stephen and Steven Evangelista, convenience and comfort were top priorities when the time came to find their own space. As a residential sales manager, Stephen is no stranger to the real estate scene—he knows which areas get too crow...

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Saavedra’s Megawide off to solid 2025 start; real estate venture delivers first-ever profit

Megawide Construction Corp., led by bilyonaryo Ed Saavedra, reported a 14% jump in its first quarter net income to ₱210 million, buoyed by higher contributions from its real estate and landport operations. In a regulatory filing, Megawide said consolidated revenues reached ₱4.2 billion during the three-month period, while earnings before interest, taxes, depreciation, and amortization (EBITDA)...

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Cebu Landmasters launching P36b new real estate projects

Vis-Min real estate developer Cebu Landmasters, Inc. (CLI) plans to launch P36 billion worth of new projects between 2025 and 2026, signaling strong confidence in its growth pipeline and expansion strategy.   The move supports CLI’s ongoing push into Luzon and the National Capital Region (NCR), while reinforcing its leadership in Visayas and Mindanao (VisMin). “We’r...

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