Business

Discover Kalea Heights: Cebu’s Premier Residential Condominium DMCI Homes, the Philippines’ leader in resort-inspired communities, proudly introduces its first project in Cebu City—Kalea Heights. Spanning a sprawling 4.6-hectare development in Good Shepherd, Banawa, this landmark project combines resort-style living with urban convenience, setting a new standard for residential...

Yello City Salinas: Where Business, Lifestyle, and Leisure Converge Nestled in the dynamic cityscape of Lahug, Cebu, Yello City Salinas has quickly become a landmark destination for professionals, entrepreneurs, and families alike. This mixed-use development is a testament to modern urban living, offering a seamless blend of residential spaces, commercial establishments, and leisure...

Marco Polo Parkplace, the final tower of the acclaimed Marco Polo Residences, promises to redefine luxury living in Cebu City. Nestled in Nivel Hills, Lahug, this new development is the crown jewel of a prestigious residential series, offering unparalleled views and resort-style amenities. A Legacy of Elegance Building on the success of previous towers, Marco Polo Parkplace offers...

Cebu Landmasters Inc. (CLI) is set to transform the retail landscape of Mandaue City with the opening of Astra Lifestyle Centre in early 2025. This new lifestyle hub will offer Cebuanos a premium shopping and dining experience, located along A.S. Fortuna St., Mandaue. As CLI’s second major mixed-use development in Cebu, the centre promises a unique blend of dining, wellness, and entertainment options...

On September 14, 2024, BE Residences made a historic mark by launching Balai Helena, its first master-planned community in Bohol. Located in the idyllic Dauis, Panglao Island, this project reflects the elegance and vision of the Benedicto family, named after matriarch Helena Benedicto. A Landmark Development Balai Helena promises more than just homes—it's a carefully curated community....

Cebu's skyline is set to transform with the introduction of The MARCO POLO PARKPLACE, the fifth and final tower in Federal Land's Marco Polo Residences. This luxurious development in Nivel Hills promises world-class living with panoramic views, hotel-like amenities, and a prestigious address. A Legacy of Excellence in Cebu: For over 52 years, Federal Land, Inc., a key member of GT...

SM Supermalls, the retail giant, is set to unveil its fifth shopping mall in Cebu, SM City JMall, on October 25, 2024. Located in Mandaue City, this new mall is a reimagined version of the former JCentre Mall, acquired by SM from Cebuano businessman Justin Uy in early 2023. With a fresh approach to its design and tenant selection, SM City JMall promises to offer a unique shopping experience to the vibrant...

On July 20, 2024, Primeworld Land Holdings Inc. (PLHI) marked a significant achievement with the official turnover of Primeworld District Tower H in Agus, Mactan. The event featured a lively Caribbean-themed party, bringing together executives, homeowners, real estate professionals, and distinguished guests. The celebration was vibrant, with colorful decorations, energetic music, and...

The real estate world is buzzing with excitement as the BE Group of Companies launches "BE U" Talamban, a groundbreaking residential brand set to redefine urban living. BE U Talamban blends contemporary design with unmatched convenience, perfect for today's modern residents. Unveiling the First Development BE U's inaugural project promises an elevated living experience, boasting...

Welcome to Harrington Place: Redefining Modern Homes in Talisay MSY World has unveiled Harrington Place, setting new standards for luxury living in Talisay City. This residential haven combines modern design with unparalleled convenience, offering residents an exceptional lifestyle. Prime Location Nestled in Talisay's dynamic center, Harrington Place ensures...

Liloan, Cebu – The highly anticipated Danarra North residential development officially commenced its construction on June 7, 2024, marking a significant milestone in sustainable living. Developed by King Properties, Danarra North aims to redefine mid-tier residential living by integrating eco-friendly features and sustainable practices into its design. Key Highlights of Danarra North 1....

In a significant real estate transaction, Ayala Land Inc. (ALI) has acquired Aboitiz Group's 50% stake in Cebu District Property Enterprise Inc. (CDPEI) for PHP 1.81 billion. This acquisition enhances ALI's presence in Cebu and underscores its strategic expansion. Key Details of the Acquisition Transaction Value: PHP 1.81 billion Stake Acquired: 50% of CDPEI from AboitizLand Project Involved:...

Shang Properties, a prominent name in luxury real estate, is making a significant entry into Cebu with the launch of new residential developments. This marks the company's first venture outside of Metro Manila, underscoring its commitment to expanding its footprint and offering premium living spaces across the Philippines. Rebranding and New Projects In 2023, Shang Properties celebrated a successful...

In a significant turn of events, millennials have surged ahead to reclaim their position as the largest group of home buyers, marking a pivotal shift in the demographic landscape of the housing market. According to the latest insights from the National Association of Realtors (NAR), millennials have emerged as key players in reshaping the dynamics of real estate transactions. Key Highlights from...

by Mark Maylan Lifted from: Sugbo.Ph When two titans joined forces, they can create a city within a city. This is what to be expected as two of the country’s real estate giants, Ayala Land Inc. and SM Prime Holdings, had partnered with each other in their newest property development venture in the South Road Properties of Cebu City – the South Coast City. South Coast City, a P300-B project...

With the Philippine government’s continued efforts to decentralize Metro Manila, the spotlight has turned to other cities for infrastructure and real estate investment – like Cebu, the second largest metropolis in the country. Its big city conveniences, coupled with rustic island living charm, make it an attractive destination for property seekers and investors. This makes owning a...

“Make your money work for you” is so cliché, until a crisis hits you. When a crisis hits, like the one we are experiencing now with the deadly Covid-19 virus, you will always find yourself looking for your safety net, and oftentimes you look at your portfolio of investments, lucky if you have many. For people who are just starting out, picking the right investment is key and when you say...

It feels a bit odd talking about tourism-focused real estate when most visitors are unable to travel to the Philippines at the moment. However, it can be an important driver of a Philippine property market rebound once the situation returns to normal. Philippine Department of Tourism (DOT) data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous...

Residential demand in Cebu is expected to increase this year with lower real estate prices and key infrastructure projects driving the market forward. The city has been the preferred investment destination outside of Metro Manila and that trend will continue in 2021. “Colliers projects a potential rebound in residential demand in 2021 (in Cebu) and thus sees a faster pace of price increase from 2021...

Getting the best price during real estate negotiations doesn’t have to be a painful process. In fact, it can be a very hands-off affair if you hire the right real estate agent. The key is knowing what to do and when to do it. There are two important things you should note. First, don’t take things personally. This is about getting the best price during real estate negotiations, not making new...

by Silingan, a Primary Homes blog Being an Overseas Filipino Worker is not easy. It takes a lot of sacrifices and you can only imagine how difficult it must be to work in a foreign land away from your loved ones. OFWs endure the loneliness and hardships just to give their families a better future. As the years go by, you realize that you cannot be an OFW forever. You eventually want to rest...