Tycoon Andrew Tan-led Megaworld Corp. has brought P1.5 billion worth of fresh residential inventory to Bacolod’s property market with the launch of a new condominium development inside The Upper East township. The 14-story Two Regis will be built at the corner of Regis and Madison, just beside the proposed Megamall Lifestyle Mall. The launch comes six months after the...
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CEBU, Philippines — AppleOne Properties Inc. may have to expand the hotel component of its Sheraton project on Mactan Island as it also eyes a new deal with Marriott International for another branded hotel to rise on the island. Company president Ray Go Manigsaca disclosed the Marriott Group is amenable to the plan of expanding the Sheraton Cebu Mactan Resort which is expected t...
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CEBU CITY— Citing future infrastructure projects and growing market demand, PrimeHomes Development Corporation launches another real estate project in the municipality of Minglanilla, 14 km from this city. “We still see bright prospects the real estate industry,” Prime Homes Development Corporation Business Development Manager Harold Vince See said during the launch...
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ROBINLAND Inc. will develop its second real estate project in Barangay Quiot, Cebu City. Robinland, led by Edwin B. Robin, held a groundbreaking ceremony for three residential towers last Friday, Feb. 8. Robin said he chose Quiot because it is situated on a hill that overlooks Cebu City. “Una man unta nakong plano ani kay residential hous...
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Despite fast-rising consumer prices and interest rates, residential condominium takeup in Metro Manila hit a record high in 2018 and home buyers demanded for more aside from the new units brought to the market by property developers. However, this record takeup may be difficult to replicate this 2019 as new launches may slow down due to the dearth of available land in the metropolis a...
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Property developer Cebu Landmasters Inc. (CLI) is building a portfolio of office, retail and hotel property assets to create a stream of recurring earnings that would account for about a tenth of total business by 2023. In a disclosure to the Philippine Stock Exchange on Thursday, CLI said that by 2023, gross leasable area would breach the 200,000-square-meter mark. Jose Sob...
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