real estate
ARTICLE FINDER

Megaworld to build P9-billion 'Makati-inspired' CBD in Cavite

Nov 20, 2017 - 5:30 PM

The 35-hectare central business district will be built within its 140-hectare Maple Grove township by 2022

Trump: I fixed ties with PH, a 'most prime real estate' militarily

Nov 15, 2017 - 11:20 AM

"[In] the Philippines, we just could not have been treated nicer....The relationship with the past administration was horrible, to use a nice word,' says US President Donald Trump

'BETTER' PH-US TIES. US President Donald Trump exchange pleasantries with Philippine President Rodrigo Duterte during the ASEAN gala dinner on November 12, 2017. Photo by Russell Palma/ ASEAN Pool Photo

Ayala Land net income up 18% in 1st 9 months

Nov 07, 2017 - 5:35 PM

The property developer posts a net income of P17.8 billion for the January to September period

SM to open mall in Tuguegarao on October 12

Oct 10, 2017 - 3:25 PM

SM Center Tuguegarao Downtown will be SM's 2nd mall in the Cagayan Valley region

FIRST IN CAGAYAN VALLEY. SM's new mall in Tuguegarao is strategically located at the corner of Luna and Mabini streets, which are main thoroughfares in this major urban city in the north. Rappler photo

Megaworld to spend P4.5 billion in 4 years for Twin Lakes in Tagaytay

Sep 21, 2017 - 8:05 PM

The money is earmarked for the development of residential villages and condominiums as well as a hotel in its 1,200-hectare Twin Lakes township

Results: September 2017 Real Estate Appraiser licensure exam

Sep 20, 2017 - 6:51 PM

555 out of 1,501 passed the Real Estate Appraiser Licensure Examination

Ayala Land's 'next BGC' Arca South to take shape by 2019

Sep 13, 2017 - 1:05 PM

The real estate firm is applying the lessons learned from Bonifacio Global City as it develops another mixed use estate in Taguig City

Cebu Landmasters invests more in Cagayan de Oro

Sep 08, 2017 - 4:45 PM

Cagayan de Oro is one of the key sites identified by Cebu Landmasters for its expansion in the Visayas and Mindanao

2ND PROJECT. This will be the 2nd project of Cebu Landmasters in Cagayan de Oro after MesaVerte, a 3-tower condominium that has already sold 95% of its inventory of 798 units. File photo

Megaworld net income up 11% to P6.69B in 1st half of 2017

Aug 10, 2017 - 6:40 PM

The rise is due mainly to the property developer s rental income which rose 20 to P5 83 billion for the period

Federal Land, 2 Japanese firms to build P20-B complex in BGC

Jul 10, 2017 - 3:00 PM

Set to be completed in 2025 the retail and residential complex will form part of Federal Land s 10 hectare Grand Central Park in Bonifacio Global City

VENTURE. Federal Land ties up with Nomura Real Estate Development Company Limited and Isetan Mitsukoshi Holdings Limited for the development of the Sunshine Fort Landmark project. Rappler file photo

DoubleDragon, Ascott to build 5-star luxury serviced apartment in Pasay

Jun 19, 2017 - 2:22 PM

Ascott DD Meridian Park Manila will sit on a 5 567 square meter lot within the 4 8 hectare complex of DoubleDragon and is set to have over 300 units

FIVE-STAR. DoubleDragon says the construction of Ascott-DD Meridian Park Manila is set to break ground by end-2017. Logo from DoubleDragon

Empire East unaffected by Resorts World Manila attack

Jun 13, 2017 - 2:18 PM

Empire East will continue to invest and expand in the Philippines allocating P25 billion in capital spending budget over the next 5 years to fund its projects in Metro Manila and the south

PUSHING THROUGH. Kasara Urban Resort Residences in Pasig City is one of Empire East's projects. It is planning to build more inside and outside Metro Manila. Photo from Empire East

Rockwell Land eyes more commercial developments to counter condo revenue cycle

Jun 01, 2017 - 4:55 PM

UPDATED Though lucrative residential properties bring little to no more revenue for developers once fully turned over

Ayala Land launches new green-themed subdivision in Nuvali

May 30, 2017 - 5:39 PM

The new 85 hectare subdivision dubbed ‘Cerilo’ begins selling next month

NEW DEVELOPMENT. Ayala Land launches its latest high-end subdivision, Cerilo, in its Nuvali development in Sta Rosa, Laguna. Image from Ayala Land

Hong Kong firm pays record $3B for prime commercial lot

May 17, 2017 - 11:20 PM

The 2 880 square meter property located in the bustling Central district is sold to a company owned by Hong Kong s second richest man

A general view shows a multi-storey car park (R) in the Central district in Hong Kong on May 17, 2017. A Hong Kong tycoon has paid 3 billion USD for a prime commercial lot -- currently occupied by a multi-storey car park -- as costs in one of the world's most expensive metropolises continue to soar. / AFP PHOTO / Jayne Russell / “The erroneous mention[s] appearing in the metadata of this photo by Jayne Russell has been modified in AFP systems in the following manner: [May] instead of [March]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.”

SM Prime, Ayala to defy China's slowdown

Apr 26, 2017 - 9:15 AM

While SM Prime plans to increase its investments in China Ayala is in talks with several Chinese firms that are interested in venturing into Philippine infrastructure

CHINESE TASTES. SM City Xiamen shows how well SM has adapted to China. It started as a mass market department store in 2001, then expanded to a lifestyle mall with upscale brands. Photo by Mia Gonzales/Rappler

How a family business became Cebu’s top local developer

Apr 24, 2017 - 4:51 PM

Established only in 2003 Cebu Landmasters already has 11 market share of Cebu’s property scene The company is planning to launch its IPO next month

THEY BUILD WITH YOU IN MIND. Cebu Landmasters Inc’s CEO Jose Soberano III (2nd from right), flanked by his son and COO Franco (1st from right) and their employees

SC issues TRO vs property tax hike in QC

Apr 18, 2017 - 5:48 PM

Under Quezon City Ordinance No 2256 real property taxes in Quezon City are estimated to increase from 100 to 500 starting this year

Rental sales lift Megaworld's 2016 income

Apr 05, 2017 - 7:30 PM

The developer however does not provide its real estate sales figures for 2016 which is a big component of its consolidated revenues

RENTAL SPACE. Megaworld will add close to 1 million square meters of leasable space in its portfolio. Photos from Megaworld's website

Housing prices outside Metro Manila still rising

Apr 02, 2017 - 11:30 PM

Condominium units are the most commonly purchased in the National Capital Region while single detached houses are dominant in the provinces

Our changing Manila: Trumped before we know it?

Apr 01, 2017 - 9:30 PM

Liveable cities need more than skyscrapers

William Belo: Doing business like a crocodile

Mar 14, 2017 - 12:43 PM

After 40 years Belo s home improvement company Wilcon is now a compelling retail player with a network of 36 big box’ and community stores

BIG BOX FOUNDER. William Belo to list home improvement retailer Wilcon Depot, which he found 40 years ago

Cebu Landmasters sets P12B capital spending until 2018

Mar 01, 2017 - 5:25 PM

Bulk of its planned projects over the next two years consists of 7 000 economic housing units two mixed use communities and two hotel projects in Cebu

GO PUBLIC. The leading homegrown developer in Metro Cebu wants to acquire and develop more land in the Visayas and Mindanao. Screenshot from Cebu Landmasters website

ArthaLand, China Railway, Knusford Berhad partner for Cebu infra deal

Feb 27, 2017 - 7:30 PM

The partnership is for the development of a 166 million 38 storey office building in Cebu

CEBU VENTURE. Under the agreement, China Railway Dongfang Group and Knusford Berhand will form a joint venture company in the Philippines with ArthaLand to execute the development of Cebu Exchange project. Rappler file photo

Century Properties enters first-home market segment

Feb 27, 2017 - 4:16 PM

The real estate firm of businessman Jose EB Antonio partners with Mitsubishi Corporation to develop a series of housing projects starting off with a 26 hectare community in Tanza Cavite

MORE TO COME. The Century Properties Group and Mitsubishi Corporation signs agreement for the development of housing projects. (L-R) In the photo are Century Properties Group officials Jose Carlo Antonio, Marco Antonio, and Jose E.B. Antonio; Mitsubishi officials Hidetoshi Suzuki, Takuya Kuga, Yoshio Amano, and Masahiro Nagaoka. Photo from Century Properties

Real estate firm Cebu Landmasters wants to go public

Feb 20, 2017 - 9:10 PM

The leading homegrown developer in Metro Cebu wants to acquire and develop more land in the Visayas and Mindanao

METRO CEBU. The leading homegrown developer in Metro Cebu intends to raise up to P3.8 billion from an initial public offering this May.

Megaworld increases capital expenditures for 2017

Feb 08, 2017 - 2:46 PM

Since its cash position remains healthy Megaworld says it will use mostly internally generated funds to finance its P60 billion capital spending for the year

RIDING THE BOOM. Within the next 3 to 5 years, Megaworld hopes to see a bigger slice of hotel earnings in its revenue pie as it opens new hotels

Amid soaring demand, Megaworld sees P20-B rental income by 2020

Feb 01, 2017 - 4:55 PM

This means the urban township developer projects to more than double its P9 B rental income in 2015

RENTAL SPACE. Megaworld will add close to 1 million square meters of leasable space in its portfolio. Photos from Megaworld's website

Megaworld expects P1.35B in sales from Iloilo tower

Jan 08, 2017 - 9:45 PM

The new wing to be completed in 2021 will add 155 units to the township s Paris inspired residential tower

DEMAND INCREASES. Megaworld will call the new development as Saint Honore South Wing – an expansion of the Saint Honore North Wing that was launched in late August. Iloilo Business Park logo and background image from its website

ArthaLand: Now is the best time to invest in Cebu

Jan 03, 2017 - 12:10 PM

The Cebu IT Park area remains to be a viable location for information technology and the business process management industry as shown by the global locators operating in the district

ArthaLand's Cebu Exchange is set to break ground this 2017. It is the first and only LEED and BERDE-registered Grade-A office development in Visayas and Mindanao.

SMDC to venture into affordable housing

Dec 23, 2016 - 7:30 PM

The real estate firm says its upcoming gated development will have house and lots well appointed amenities and a commercial development right beside it

NEW VENTURE. These planned MRB developments are mostly located in SM’s mall complexes that give residents the utmost convenience with a supermarket, department store and other dining and entertainment venues next door. Rappler file photo

Property and credit booms stabilize China growth

Oct 19, 2016 - 1:34 PM

While the forecast beating reading is in line with state targets it comes as experts warn that authorities have relied too much on easy credit which has in turn increased financial risks

STILL RISING. A general view shows the sun rising over the financial district of Pudong in Shanghai on September 9, 2016. Fred Dufour/AFP

PH housing prices continue rising – BSP

Oct 16, 2016 - 9:01 PM

The Bangko Sentral ng Pilipinas’ quarterly report on the housing market shows a spike in prices driven by demand for housing units outside the national capital region

DoubleDragon completes acquisition deal with Hotel of Asia

Oct 13, 2016 - 8:30 PM

Hotel of Asia owns Hotel 101 and the master franchise for the Philippines of JinJiang Inn which is one of the largest hotel brands in Asia

A NEW VENTURE. The acquisition will enable DoubleDragon to extend its business in the hotel sector and support its thrust on focusing on recurring income businesses

SEC seeks to lower public float for REIT firms to 30%

Oct 04, 2016 - 7:30 PM

The Philippines REIT law was passed in 2009 yet no company has put up an REIT yet due to stringent rules like the 67 minimum public float requirement

REVISIT. Regulators and other stakeholders in the capital markets discuss how they can make the rules governing REITs friendly to both government and investors. Rappler file photo

Megaworld spending P8.5B for hotel expansion

Aug 25, 2016 - 7:45 PM

The developer will build a total of 5 more hotels in Boracay Manila and Cebu

GOAL. By 2020, Megaworld's Andrew Tan says his firm's 3 local hotels brands will have a total of around 3,800 hotel rooms. Photo by Rob Reyes/Rappler

Calata partners with investment, gaming firms for P65B casino resort in Cebu

Aug 23, 2016 - 5:45 PM

Expected to be opened in 2020 the Mactan development will have 3 luxury hotels an entertainment complex featuring a full scale casino and retail shopping

GAME-CHANGER. Mactan Leisure City will introduce three luxury hotels, an entertainment complex featuring a full-scale casino and retail shopping. Image from Mactan Leisure City Facebook page

8990 Holdings to build 14-hectare residential dev't in Bulacan

Aug 10, 2016 - 1:45 PM

The mass housing developer says the residential development will have a mix of townhouse units and medium rise buildings

MASS HOUSING. Under the plan, a total of 819 townhouse units will be developed, while there will be 28 medium-rise buildings offering a total of 3,788 units.

Ayala Land's net profit rises on established projects

Aug 09, 2016 - 4:39 PM

Ayala Land attributes profit growth to the continued expansion of its large mixed use estates in key growth areas nationwide

GROWING. Ayala Land's business plan aims to boost the property giant’s net income to P40 billion by 2020

Megaworld to complete Visayas BPO Triangle by 2019

Aug 04, 2016 - 7:05 PM

The Visayas BPO Triangle will have 175 000 square meters of office space located in Iloilo Cebu and Bacolod

JOB-GENERATING DEVELOPMENT. Once completed, Megaworld expects to generate around 50,000 full?time direct jobs in the BPO sector in Visayas

Upbeat retail, real estate lift SM Prime's profit

Aug 01, 2016 - 7:05 PM

Both mall operations and residential projects of the Sy family post higher revenues in the first half of the year

BOW. SM Prime president Hans Sy leads the opening of SM Angono, the company's 50th mall, on November 14, 2014. File photo from SM Supermalls Facebook page

#ThewRap: Things you need to know today, August 1, 2016

Aug 01, 2016 - 11:29 AM

Hello Here s a round up of news you need to know this Monday

Factory space could boom in next 5 years – real estate expert

Jul 31, 2016 - 9:15 PM

Growth rates could double by 2021 but this hinges on whether the government can lower electricity and water costs says the founder of Prime Philippines

Photo by Rappler/John Javellana

Alveo Land to open 3rd residential tower in Circuit Makati

Jul 19, 2016 - 4:00 PM

The upscale subsidiary of property giant Ayala Land is slated to continue its big play in Circuit Makati setting to launch approximately one tower every year for the next 20 years

BIG PLAY. Callisto tower will have a total of 430 residential units available, with turnover beginning in July 2022. Artist's perspective from Alveo Land

Snapshot of industries: Good, poor performers under Aquino

Jun 18, 2016 - 9:30 AM

How did industries fare under the Aquino administration?

FASTEST GROWING. The country’s turnaround from being Sick Man of Asia to the fastest growing economy in the region is President Benigno Aquino III’s claim to fame

Ayala Land unit introduces 1st low-rise, one-tower residence in Makati

Jun 14, 2016 - 12:40 PM

One Antonio is expected to deliver P1 7 billion in sales with unit prices starting at P8 million

FIRST OF AVIDA. One Antonio is the 4th of the 15 projects Avida is planning to launch this year. Image from Avida Land

Housing prices rise by 9.7% in NCR, 9.4% outside NCR – BSP

Jun 06, 2016 - 1:00 PM

Condo units the most common housing purchase in the National Capital Region post the highest year on year growth in prices

BPOs leading the push for decentralization – CBRE

Jun 02, 2016 - 9:30 PM

The business process outsourcing sector is driving demand for new developments outside Metro Manila says global property consultancy CBRE Philippines

Rockwell to build resort in Cebu, hotel in Makati

Jun 02, 2016 - 4:55 PM

These projects are expected to boost the company’s recurring income over the next few years

FOOTPRINT EXPANSION. An aerial view of the Rockwell Center now. Image from Rockwell Land

Megaworld expands office footprint in Davao City

May 31, 2016 - 9:20 PM

The property giant s Davao City township is seen to generate around 100 000 jobs by 2020

RIDING THE BOOM. Megaworld's Jericho Go showing off some of the new towers of the property firm in Manila. File photo by Chris Schnabel/Rappler