Philippine Real Estate News; Condos/Condotels in the Philippines

Philippine Real Estate Latest News

Property Sales Hold Up in Philippines (04/17/08)
MANILA: Merly Paz, a Filipina domestic worker in Hong Kong, has stopped sending money for the construction of her home in southern Iriga City because the value of her salary in pesos, which are pegged to the U.S. dollar, has fallen sharply...

Manila Golf Condo (02/08/08)
THE Manila Golf Club's expansive greens and fairway have been the main selling point by the luxury golf-ridge condos in The Fort...

Will 2007 Real Estate Boom Go On In 2008? (12/23/07)
While the US housing market, especially the sub-prime housing sector, has been spiraling downwards, growth in the Philippine real estate industry has picked up speed with property firms registering record sales this year...

Communities Philippines Creates World-class Development (11/23/07)
VISTA Land and Lifescapes, Inc. is the Philippines' largest homebuilder with its over 30 years of in-depth technical knowhow and experience in building homes...

Robinsons Estate Firm Buys Property in Cebu (10/23/07)
ROBINSONS Land Corp. (RLC), one of the leading real estate firms in the country, announced that it has purchased a five-hectare property in Cebu for its first high-end leisure community...

Door Opens Wider to Global Property Markets (08/30/07)
The robust global economy continues to drive stronger real estate fundamentals, partly from high levels of liquidity, as investors are attracted to real estate's growing income streams...

CB Richard Ellis Predicts Global Real Estate Set To Soar (07/18/07)
Across the world, real estate investment markets are experiencing unprecedented growth. As capital continues to flow into the real estate sector in search of higher total return investments and as a means to diversify multi-asset class portfolios...

Outsource Businesses Revive Real Estate Trade (06/04/07)
THE 1997 Asian financial crisis left the Philippine property market reeling but business process outsourcing came to the rescue, breathing new life into old office buildings and sparking a building boom in cities throughout the country...

OFW Remittances Fueling Growth in Real Estate (05/21/07)
Up to a third of the record-high foreign remittances sent home by expatriate Filipino workers is spent on real estate, making the current property market boom more durable than previous episodes, according to industry players and market watchers...

More Fil-Ams Investing in Real Estate in the Philippines (05/07/07)
With real estate prices in single-family homes and condominiums continuing to soar in California, the lack of investment affordability leads many Filipino-Americans to invest their money in real estate back home in the Philippines...

Jon Jerde redefines the urban experience (04/22/07)
Life would be all the better if there is a place built for the urban dweller to move about and walk around as envisioned by two world-renowned architects I.M. Pei and Jon Adams Jerde...

Taxing OFW remittances is 'foolish' - Defensor (04/11/07)
It is "foolish" and "counter-productive" to remove the tax privileges enjoyed by overseas Filipino workers (OFWs) whose remittances keep the Philippine economy afloat, according to administration senatorial candidate Michael Defensor...

Zobel: Prospects for recovery ‘encouraging’ (03/20/07)
The head of one of the Philippines' largest and most respected business houses said signs of sustained Philippine economic recovery are encouraging and provide a positive environment for active pursuit of new businesses and new alliances for higher value creation...

Lucio Tan’s Balabac now a property company (02/22/07)
Eton Properties Philippines Inc., the newly formed property firm of beer and tobacco tycoon Lucio Tan, will go public through backdoor listing of Balabac Resources and Holdings Corp...

Investors buy assets on bright RP outlook (02/03/07)
INVESTORS are banking on the Philippines' long-term prospects given the pace at which they are lapping up shares of companies that have raised funds in the capital market, analysts said...

Investors move into Philippine property (01/25/07)
MANILA: Foreign investors are clamouring to get into the Philippine real estate market but an ownership cap and a dwindling supply of prime property is hindering investments, a global property consultant said on Wednesday...

Real estate lifts stocks in Asia (01/18/07)
Asian stocks advanced Wednesday, led by Mitsubishi Estate Co. and Sumitomo Realty & Development Co., on speculation the Bank of Japan will refrain from raising its 0.25 percent benchmark interest rate Thursday...

High housing costs in Asia criticized by international research group (01/10/07)
Exceptionally high tax, transaction and other costs discourage the provision of housing in Asia, according to a report released today by the Global Property Guide. These are seen to lead to urban slums and unaffordable housing units...

Inflation masks poor Asian housing returns (01/05/07)
Although on the surface Asia's real estate markets seem to have recovered from the Asian crisis, this is largely a poor reflection of a worldwide property boom over the past decade, according to the new report. Once price rise figures are adjusted for inflation, Asia's record looks poor...

Property developer vows to comply with low-cost housing requirement (01/02/07)
THE developer of an upscale subdivision on the 210-hectare Villalon property in Cebu City has assured it will comply with the Urban Development Housing Act (Udha) requirement for a low cost housing component of its upscale residential resort development...

Architects lobby for strict enforcement of RA 9266 (12/29/06)
THE United Architects of the Philippines (UAP) is now aggressively campaigning for the implementation of Republic Act (RA) 9266 or the "Architecture Act of 2004" to uphold the architectural profession...

Asian residential property buyers beware (12/17/06)
Asia's real estate markets seem, on the surface, to have recovered from the Asian crisis and to be back on their feet. Robust price and rental rises are reported in the media. Real estate developers are competing for ad space. New projects and launches are everywhere. Residential property appears to be having a blast...

P.I. may keep partial rate cut to spur lending, growth (12/13/06)
The Philippine central bank will probably keep its benchmark rate unchanged and maintain staggered rates for some deposits amid slowing inflation and optimism that bank lending will pick up...

Filipino expats invest in their roots (12/5/06)
Purchases of second homes in Manila by immigrants to the US are helping fuel an incipient property boom. More than 8m Filipinos live and work overseas with almost a million more leaving every year to chase opportunities abroad...

British nationals married to Filipinos fueling boom in Philippine condotel investments (11/25/06)
Mandaluyong City, Metro Manila, Philippines - It is estimated that at least 350,000 British choose to turn their backs on the UK every year and already around 8% of the country's population live overseas - higher than the French, Italian or American expat figures...

Condo Hotel Investments 'Expanding Across the World' (11/20/06)
Metro Manila, Philippines -- PLC International Marketing Networks has revealed that some institutional investors are trying to diversify their property portfolios through areas like Southeast Asia, China and beyond - with the Philippines heading the list, then Thailand, Japan, China, and Singapore property investments featuring in some portfolios...

OFWs fuel new Philippines building boom (11/13/06)
A NEW building boom is sweeping across the Philippines capital and surrounding areas, fuelled by cash-flush overseas-based Filipinos looking to invest in retirement homes, industry experts say...

ATAP Int'l Inc. moves ahead with dev't of affordable housing (11/13/06)
Manila --- ATAP International Inc., a Northern California real estate development group headed by Mr. Larry Greer announced that the company is moving ahead as planned with the implementation of its humanitarian affordable housing plan in the Philippines. ATAP through a partnership with Ms Carina MA Gregorio of ATAP-Phil will be constructing over 2.5 Million affordable homes in five different locations for the people in the Philippines...

China detains top Chinese-Filipino architect (11/08/06)
LEADING architect Gilbert Yu was detained in China following complaints from his Filipino buyers about the non-completion of a residential condominium in Fujian...

RP urged to target trillion-dollar second-home market (11/02/06)
In an e-mail to INQ7.net, Susan Barlin, chief executive officer of the Barlin International Group, said the world's top 12 choices for second homes are Panama, France, Malta, Mexico, Romania, Italy, Nicaragua, Uruguay, New Zealand, Belize, Spain, and Chile...

BTRCP-DTI sets real estate brokers exams (11/01/06)
Naval Biliran -- In order to update their knowledge and skills in Real Estate Brokerage and be able to get a license in this particular endeavor, the Bureau of Trade Regulation and Consumer Protection (BTRCP) of the Department of Trade and Industry (DTI) together with the concerned DTI offices at the regional and the provincial levels, announces the holding of the Real Estate Brokers (REB) examinations on Sunday November 26, 2006 to be held simultaneously in Quezon City, Angeles City, Lucena City, Cebu City, Butuan City and Davao City...

MAR inc appointed partner for P.I. condotel investments (10/31/06)
Mandaluyong City, Metro Manila, Philippines -- Joe Gozun, President of Midwest America Realty Inc, a Fil-Am and Real Estate Broker based in Waukegan, Chicago, recently visited the Philippines on behalf of several investors to take a look at the Lancaster Suites Condotel developments in Shaw Boulevard, Metro Manila. Philippines...

UK investors to profit from Philippine condotel real estate (10/29/06)
According to a recent report released in the UK about which South East Asian property markets have the greatest potential for growth and profit over the coming decade, the Philippines topped the lot with the latest Condotel Investment Opportunities in Metro Manila and Cebu...

Should you first investigate for paranormal activity? (10/28/06)
Viewers of Discovery Channel's "A Haunting" watch every week numerous eyewitness accounts of American families, whose lives were adversely affected by houses "inhabited" by paranormal entities...

RP to host Asia-Pacific real estate summit (10/20/06)
IN ITS 57 years of existence, the International Real Estate Federation, more popularly known by its French acronym Fiabci, has built an enviable reputation as the authentic voice of international real estate...

More countries sign up for REITs (10/19/06)
The US$1.03 trillion global real estate investment trust (REIT) sector is poised for further growth with UK and Germany setting up REIT-like investment structures next year and other countries such as Italy, Finland, Mexico and Spain considering it...

Philippines: Off its sick bed? (10/17/06)
Could the country perennially described as the sick man of Asia be reviving? Its economic vital signs are unexpectedly better than thought possible, with growth in gross domestic product that could hit 6 percent in 2007...

World Bank blames Erap for investment slowdown (10/09/06)
The administration of deposed President Joseph Estrada and the impeachment case and street protests that led to his ouster spelled the decline of foreign direct investments in the country, according to a World Bank official...

Legislation awaited for REITs to take off in Philippines (10/06/06)
MANILA -(Dow Jones)- Local investors will likely have to wait at least another year before they can trade stocks of real estate investment trusts, or REITs, in the Philippines...

The real value of the 'overseas worker' (09/30/06)
There are about 9 million Filipinos working overseas of which about 4 million are working on a fixed short-term contract basis. Remittances from the overseas Filipinos are US$11 billion a year. GDP or gross domestic product (the value produced by residents of the Philippines) is US$430 billion, or US$5,000 a person at current US$ values...

RP properties positioned as prime investments (09/20/06)
MANILA - Local property developers step up campaign for Filipinos overseas to patronize real estate properties in the Philippines, positioning such as prime investments...

Filinvest Land, Israeli company sign P2.4-b deal (09/14/06)
Filinvest Land Inc., the property arm of the tycoon Andrew Gotianun, has forged a P2.4-billion joint venture agreement with an Israeli company for the development of a huge project in San Mateo, Rizal...

Mipim Asia 2006: close up on architecture (09/07/06)
MIPIM Asia, which will bring together leading companies involved in the international real estate business, is proving particularly popular with architecture specialists. To date, some 50 architecture practices from 19 countries will be attending the three-day event. Three weeks before its opening, MIPIM Asia already registered some 1,500 real estate professionals and 228 exhibiting companies from 42 countries...

Robinsons Land stays one step ahead of competition (08/16/06)
MANILA - THE Philippine property development industry may be doing well these days, but its potential for growth is really "staggering." So says Robinsons Land Corp. General Manager Danilo Ignacio...

Mayor warns of new land syndicate in Baguio (08/11/06)
BAGUIO City Mayor Braulio Yaranon cautioned the public again of a new group that allegedly sells lots that are either expanded or non-existent...

Gatchalian-led real estate co. considers Cebu for next proj (08/09/06)
The real-estate arm of the Gatchalian group of companies plans to develop four more properties in Cebu within the next five years...

Color expert predicts furniture colors for next year (07/26/06)
When it comes to answering the question, "What is your favorite color?" Americans may shift from past preferences, according to Christine Chow, Director of Membership for the New York-based Color Association of the United States...

No to new land valuation: Arroyo tells finance (07/14/06)
"We do not counter an increase in valuation. What we oppose is the arbitrary implementation of unreasonable values," explained the realtors who are banded under the Pampanga chapters of the Chamber of Real Estate & Builders' Associations Inc. (Creba) and the Real Estate Brokers' Association of the Philippines Inc. (Rebap)...

Developer sells 50% Amara phase 2 lots (07/05/06)
Like phase one, the second phase of seaside residential development, Amara, has generated "enthusiastic" response from the market, as 50 percent of the lots have already been taken up by buyers during its launch over the weekend...

Osmeña: time to get rid of estate tax (06/28/06)
ESTATE TAX. Rep. Raul del Mar should look into the possibility of getting rid of estate tax. The government taxes the estate of the deceased. The estate tax will eventually affect the millions of middle income homeowners who are, like everybody else, mortal...

Advanced tools to match imaginations of architects (06/23/06)
WHEN THE MANAGEMENT of the Cultural Center of the Philippines recently held a public competition to come up with a design that will transform this government property into a symbol of Philippine heritage and arts as well as a thriving commercial hub, Lor Calma Design Associates and its partner IP Santos and Associates came up with a very interesting concept...

Asian Americans better off as home buyers (06/21/06)
More than 500 real estate professionals gathered at the Santa Clara Convention Center June 1 for The Changing Face of Homeownership: A Real Estate Multicultual Marketing Conference organized by First American Title Insurance Company. White House Chief of Staff during the Clinton administration, Leon Panetta, keynoted the event...

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Best of Filbuild

Florida Villas in Malolos City, Bulacan
Subdivision features include: landscaped main gate & access road, clubhouse, parks and playground, 24-hour security, centralized water system, underground drainage system, garbage disposal system, perimeter fence, Centro Escolar University 5 minutes away, Bulacan State University 7 minutes away, Bulacan Provincial Capitol 10 minutes away.

Brentville International
Easily accessible, it is just 15 minutes away from Filinvest Corporate City, Alabang and Tagaytay. It is also near to major commercial establishments like SM Sta. Rosa, Robinson's Sta. Rosa, Pavillion Mall. Conveniently accessible to leisure destinations of Metro Manila and down south.

Celadon Manila
Developed by Ayala Land's subsidiary Community Innovations, Celadon Residences (townhomes) and Celadon Park (condominiums) offer a refreshing take on residential living in uptown Manila.

Eton Parkview Greenbelt
EPPI teamed up with sister companies Allied Bank and Philippine National Bank to introduce Home 838, the most affordable bank financing plan in the industry, making Eton Parkview Greenbelt priced lower than most of their counterparts.

Serendra Condos in Taguig City
Just a few minutes away from Makati (3kms), Ortigas (5kms) and Manila (5kms), Serendra at the Fort Bonifacio Global City by Ayala Land is the ideal residential address for those looking to be near to their place of work, business, education and home.

Subic Ampelos Tower
The FIRST high-rise mixed use residential condo hotel in Subic Bay. Units are luxuriously designed and fully furnished. Unit owners protected by advanced security system. Owners will also enjoy hotel-type rent management. Built by one of Korea's top developers.

The Lexus Hotel/Condos
Condotel units for sale/lease in Balibago, Angeles City, Pampanga, Philippines. Location is right in the center of the vibrant nightlife of Angeles City. Within walking distance is the SM Shopping Mall with theaters, stores, supermarkets and dozens of restaurants.

Alta Vista in Subic, Zambales
A near-beach, luxury village subdivision for middle income buyers. Ideal for retirement and vacation homes. Set on a flood-free, gently rolling terrain landscape.

Single family home for sale
Location: Las Piñas City, Metro Manila, Philippines. 3-bedroom, 2-car garage, kitchen area with breakfast nook, modular kitchen cabinets, maid's room, service / laundry area, storage area, mini-pond in the front yard, master's bedroom with toilet & bath, deep well water supply and pressurized tank.

Club Morocco in Subic, Zambales
A beachfront, gated, exclusive village subdivision with country-club class amenities set on a mountain hill landscape.

Log style home for sale
Location: Tagaytay City, Cavite. Master's bedroom with toilet and bath, 2 bedrooms with common toilet and bath, deep well water supply and pressurized tank, fully furnished.

The Executive Suites Subic
Condominium units for sale/lease in Subic Bay, Zambales, Philippines. Located at the corner of Dewey Avenue and Manila Avenue, the one-hectare property project is at the center of all major attractions in Subic Bay. It's a short walk to Subic water front and the adjacent Olongapo City.

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