Shang Properties, a leading name in luxury real estate development in the Philippines, received two prestigious five-star awards —the highest level of recognition—at the Asia Pacific Property Awards 2025, held at the Bangkok Marriott Marquis Hotel, Queen’s Park in Thailand on May 15–16. At this year’s ceremony, Shang Properties received the five-star award for both...
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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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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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Private sector economists have slashed their gross domestic product (GDP) growth forecasts for the Philippines to as low as five percent, citing the drag from shrinking exports and the broader impact of a global trade slowdown. Singapore-based UOB has substantially shaved its full-year growth projection for the local economy from six percent to five percent. This came after the first quarter...
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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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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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