In this preferred, middle, more realistic scenario, the real estate sector should perform close to 2025 levels up to the end of 2026. “Hopefully, inflation will be managed, and the interest rates will slowly go down,” Lobien said. Different markets On the office front, the business process outsourcing (BPO) firms are projected to bring in 70,000 new employees in 2...
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Rockwell Land MANILA, Philippines — Rockwell Land Corp. saw its first-quarter earnings surge, driven by stronger demand for upscale residential property and higher contributions from its expanding commercial portfolio. The Lopez-led property developer said on Monday that its net income attributable to the parent company had jumped by 67 percent to P1.29 billion in the January-...
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MANILA, Philippines — The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, released P30 billion in housing loans in the first quarter for over 20,000 members. In a statement, Pag-IBIG said home loans expanded by 7.5 percent to P30.22 billion from January to March compared to the previous year’s P28.09 billion. The first quarter home loans represent 19 percent of the...
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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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Leading developer in VisMin Cebu Landmasters, Inc. (CLI) posted a strong start to 2025, with a consolidated net income rising by 12% year-on-year to P1.32 billion in the first quarter. This was driven by geographic expansion, steady project execution, and sustained demand across key Visayas and Mindanao markets. Consolidated revenues grew by 4% to P6.51 billion in the same period last year, wit...
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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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