The Philippines has acceded to the Beijing Treaty on Audiovisual Performances (BTAP), a development seen to strengthen the protection of Filipinos performers’ intellectual property (IP) rights in a digital age of globalization. Intellectual Property Office of the Philippines (IPOPHL) Director...
Except for industrial and logistics, the lone growth driver and the Philippines new sunshine industry, the country’s property market across most asset classes are in a far worse situation this year than last year with rising vacancy rates and potential sell-offs if not closures of some hotels....
The worst is over for the Philippine property market due to various favorable factors, although the projected office space take-up remained low at 380,000 square meters only or 70 percent lower than the 1.9 million sqm recorded in 2019, according to the country’s leading property and management...
For the first time in the reporting of the Bangko Sentral ng Pilipinas’ (BSP) Residential Real Estate Price Index (RREPI), residential property prices fell in the third quarter by 0.4 percent year-on-year due to weak demand brought on by the COVID-19 pandemic. On a quarter-on-quarter basis, RREPI...
Real estate giant SM Development Corporation (SMDC) brought home several awards at the 8th PropertyGuru Awards, including the most coveted Best Developer—a testament to its standards of excellence in real estate development. The awards ceremony was held virtually Nov. 25. The awards is...
The Bangko Sentral ng Pilipinas (BSP) said that residential property prices increased by 27.1 percent year-on-year in the second quarter, the highest growth rate recorded by its Residential Real Estate Price Index (RREPI) since it started in 2016. (Photo credit: http://www.bsp.gov.ph) The RREPI,...
Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, took home bagged the Most Innovative Community Developer award at The Global Economics Awards 2020. “We are delighted to be conferred with this Most...
A house is a structure made of concrete, wood, and metal. It becomes a home when it is livable and allows a family to thrive and sustain a lifestyle. In this new normal, more than a hundred days after the lockdown, a home becomes a multifunctional space, ready to be “flexible,” readily...