real estate Philippines - updates

Rappler's latest stories on real estate Philippines

ARTICLE FINDER

Housing prices rise by 2.1% in Q1 2018

Jul 01, 2018 - 7:00 PM

In the 1st quarter of 2018, there was a 13.8% increase in the prices of townhouses and a 2% increase in the prices of condominium units, says the Bangko Sentral ng Pilipinas

DoubleDragon opens 2018 with 349% jump in net income

May 15, 2018 - 5:40 PM

The surge is mainly due to higher rental income for the listed property developer in the 1st quarter of the year

Megaworld to develop smart townships

Jan 29, 2018 - 7:25 PM

Dubbed iTownships, the initiative will include smart home technology, smart parking systems, and the use of sustainable materials, among others

Ayala Land takes majority control of Malaysian construction firm

Jan 03, 2018 - 12:15 PM

Through the deal, the listed property giant says it will be able to make the most of long-term prospects in Malaysia's real estate sector

Ayala Land expanding Seda hotel brand

Dec 29, 2017 - 3:43 PM

The move to aggressively expand the Seda brand is in line with the property giant's objective to be the leading Philippine hospitality brand in terms of size

EXPANSION. Ayala Land unit Seda hotel aims to be the leading Philippine hospitality brand in term of size. Image from Seda Hotels

Memorial park firm venturing into mass housing

Dec 28, 2017 - 3:40 PM

This comes after Golden Haven's intention to change its main line of business to real estate development from funeral and memorial parks

Vista Land projects high profit growth until 2020

Dec 27, 2017 - 2:08 PM

The listed property developer will aggressively launch new residential and commercial projects in the next 3 years

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

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

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

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

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

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

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

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

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

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

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 to build more malls, office buildings in PH

Mar 07, 2016 - 2:40 PM

At least 75 of Megaworld s 2016 budget of P55B 1 17B is earmarked for its rental portfolio

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

Century Properties, Mitsubishi break ground on Forbes Media Tower

Feb 03, 2016 - 6:33 PM

With a total gross floor area of 95 000 square meters the Forbes Media Tower is expected to be completed in 2019

GROUNDBREAKING. Forbes Media Tower aims to become an address of choice for both multinational firms and leading BPO corporations. In the photo are Century Properties and Mitsubishi executives. Photo from Century Properties

CONVERSATION: How do you #DefineLuxury?

Mar 20, 2015 - 9:00 AM

Is it just about designer bags and sports cars or is it also about time well spent? Here s how people DefineLuxury

Smart things to know about Philippine real estate

Jan 20, 2015 - 3:14 PM

Want to invest in the real estate market? Here are a few facts that may help you make a more informed decision

PhilRealty marks comeback with Sky Villas dev't

May 26, 2014 - 12:12 PM

After more than a decade under receivership PhilRealty is back in the market with a premium development in QC

140 vintage bombs found in Batangas subdivision

Dec 28, 2013 - 3:23 PM

It s not the first time that vintage bombs were found in Lipa City Police says they were brought to the Fernando Air Base for proper disposition

BURIED BOMBS: Vintage bombs were found in a subdivision in Batangas. Photo from Amiya Rosa Facebook page

[Executive Edge] The science of building a startup

Oct 26, 2013 - 11:58 AM

A mentor for Philippine startups talks about how businesses can run lean

Ezra Ferraz

PH real estate among most profitable in Asia Pacific

Oct 26, 2013 - 6:00 AM

The Philippines has one of the 3 property markets in Asia Pacific that can make money says a real estate services firm

File photo by Noel Celis/AFP

'Huge opportunities in PH hotel sector'

Oct 25, 2013 - 5:18 PM

The hotel sector is undergoing a rapid revolution with the existing 15 000 rooms being doubled in the next 3 years says real estate consultant David Leechiu

MORE HOTELS NEEDED. The tourism sector needs to double its existing 15,000 rooms in the next 3 years, a real estate consultant says

Villar pours P1-B into retail business

Sep 23, 2013 - 10:45 AM

Businessman and former senator Manuel Villar complements his real estate business by expanding retail offerings via a new convenience store chain home appliance and furnishings store and department store

BACK TO BUSINESS. Former senator Manuel Villar attends a press briefing on the financial performance of Vista Land. File photo by Aya Lowe

Belle profit soars 1,382%, thanks to Melco rental payments

Apr 24, 2013 - 2:27 PM

Belle and Melco are partners in the 1 B Belle Grande Manila casino resort in Pagcor s Entertainment City

CASINO PROJECT. This is an artist's rendition of the Belle Grande Manila Bay that will house a large casino, two L-shaped hotel towers and 4 condotel towers. Photo from 2011 Belle Corp. Annual Report

PH real estate industry welcomes investment grade

Mar 28, 2013 - 3:35 AM

Philippine s first investment grade rating to signal a boost in the Philippine Real Estate industry

REAL ESTATE BOOM. The Philippines real estate industry is expected to benefit from its new investment grade status. Photo by Rappler/John Javellana

Foreign investments rise nearly 10% to $2-B in 2012

Mar 11, 2013 - 6:09 PM

The investments are channeled to the real estate financial and insurance electricity manufacturing wholesale and retail trade sectors

MORE INVESTMENTS. Foreigners plow 10% more money into the Philippine economy in 2012. AFP Photo

Sy-led SMDC to target OFW, students with P1-M condo units

Dec 12, 2012 - 8:28 AM

The Sy led property arm will target the OFW and university markets with units worth P1 M to P1 5 M each

Property boom transforms PH skylines

Jul 22, 2012 - 11:32 AM

The good times are into their 4th year fuelled by steady economic growth Western firms offshoring jobs to the Philippines the buying power of millions of Filipinos working abroad and low interest rates