In my five years of experience in the real estate industry, I've observed a growing trend among investors who prefer acquiring properties without paying in cash. Developers are increasingly offering pre-selling projects, allowing buyers to lock in prices and make manageable monthly payments....
The Dot Property Southeast Asia Awards recognized 46 winners from across the region with leading developers Asset Wise, Capitaland, and Asset World Corporation among those to be honored. Celebrations took place at the prestigious Four Seasons Hotel Bangkok at Chaophraya River as real estate...
As we kick off the new year, it's crucial to reflect on the milestones, lessons, and victories from the past and strategize for the future. In this article, we steer away from the technicalities of real estate trends and focus on overcoming the fear of investing in real estate, a pivotal factor...
ILOILO CITY – The Iloilo City Council has approved a 40 percent reduction in real property tax (RPT) for a two-year period. The Iloilo City Council approved this week the ordinance authored by Councilor Rex Marcus Sarabia that imposes 60 percent RPT payment for the years 2024 and 2025. THE Iloilo...
ILOILO CITY – In response to the clamor of the business sector, the Iloilo City government reduced real property tax (RPT) here by 40 percent for fiscal years 2024 and 2025. “This is in view of the many inquiries we are getting on the increase in RPT,” said Mayor Jerry Treñas here. THE...
Philippine tourism experienced a remarkable resurgence, largely driven by the resilience of domestic travel, according to a study by Leechiu Property Consultants LPC. “The strength of local tourism proved instrumental in mitigating potential challenges from international source markets, namely...
The property market proved its resilience as capital values across Metro Manila’s commercial districts sustained their levels throughout 2023 despite local and global headwinds. In a media presentation, Leechiu Property Consultants Inc. Senior Manager for Investment Sales Erika Manasan said some...
The Philippine residential condominium market marked its recovery in 2023, notably in Metro Manila, which saw a record of 40,555 units sold, according to Leechiu Property Consultants (LPC). LPC Director for Research and Consultancy Roy Amado Golez Jr. said, “the sector had reached its peak...
The Philippine office market registered an eight percent growth in aggregate demand this year to 1.07 million square meters of newly leased space. “The Philippine office market performed better than expected this year amid geopolitical uncertainties and looming fears that hybrid work will cause...
The Court of Tax Appeals (CTA) has denied the petition of the National Food Authority (NFA) which challenged the real property tax (RPT) imposed by the municipality of Shariff Aguak in Maguindanao. The NFA questioned the municipality's RPT assessment against it as it argued that it is a government...
The Philippine tourism sector may return to pre-pandemic levels amid the steady growth and recovery of international flights and tourist arrivals in the third quarter of 2023, but broad recovery may have to have to happen in 2024 yet, a property management and consultancy firm said. Leechiu...
The Philippine office property sector will continue to add up inventories until the end of the year as another 432,000 square meters of office stock is projected for completion in the last quarter, according to property and management consultancy firm Leechiu Property. Leechiu Property...