Bria Homes, a subsidiary of the Villar Group, has been recognized for developing affordable and sustainable housing projects. The 2021 Real Estate Asia Awards gave BRIA Homes recognition in two categories: "Affordable Housing Developer of the Year" and "Open Space Development of the Year". The 2021...
The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital...
Real estate agency Santos Knight Frank is this year's best real estate agency in the Philippines, according to the prestigious Asia Pacific Property Awards. A statement said that Santos Knight Frank won in the Asia Pacific Awards categories of “Best Real Estate Agency (Single Office),” “Best...
The extension of the amnesty for unpaid real estate taxes for another two years will benefit both the government and the families that are recovering from the economic impacts of the COVID-19 pandemic, Senator Juan Edgardo "Sonny" Angara said on Saturday, May 29. Senator Juan Edgardo 'Sonny' Angara...
The Senate has approved on third and final reading the measure seeking to extend the estate tax amnesty for another two years. With 23 affirmative votes, the Senate approved Senate Bill No. 2208 which seeks to amend Republic Act No. 11213 or the Tax Amnesty Act, which is set to expire on June 15,...
The current bearish real estate industry in the Philippines is expected to bounce back in the second half this year to early 2022 fueled by the government’s huge infrastructure program and the private sector driven REITs regime. This was the gist by the Asia Pacific Real Assets Association...
Kathryn Bernardo and Daniel Padilla learn saving tips from long-time friend and Daniel Padilla's fashion stylist Ton Lao Attending real estate seminars as young as 12 years old, celebrity stylist Ton Lao knew the value of investing in primed lots. "It's proven and tested that if you invest in the...
(L-R) UB Vice-President for Academics Dr. Abegayle P. Chua, University President Dr. Hernando B. Perez, CREBA national chairman Charlie A. V. Gorayeb, CREBA national president Noel Toti M. Cariño at the academic partnership agreement signing in 2017. Undertaking education programs has been a...
The Philippines and Japan have always enjoyed a good relationship. High-level engagements between Japanese and Filipino officials over the past years further expanded and deepened bilateral relations. These engagements have resulted in achieving one of the goals of friendship,...
The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT). The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion...
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....
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...
