Business

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...

by Charlene Virlouvet Whether you own a condominium, townhouse, duplex or single-family home, maximizing income is always a high priority for any investor. A routine property check is vital to maintaining your rental, but it won’t necessarily get you top dollar when competing against other properties on the rental market. Doing the minimum will usually lead to minimal returns in terms of money...

By: Morexette Marie B. Erram of Cebu Daily Nes February 09,2020 - 02:40 PM Read more: https://cebudailynews.inquirer.net/287005/cebu-city-among-top-cities-for-online-property-seekers-in-2019-lamudi#ixzz6PrZNzByu CEBU CITY, Philippines — Cebu City is among the top cities preferred by online Filipino property seekers for the year 2019. Lamudi, one of the world’s leading digital real...

Meet the exceptional industry leaders who are making a difference in their respective fields of business. By THE TOWN&COUNTRY EDITORS   |   Jul 29, 2018 Hard work, grit, and persistence—these are the traits exhibited by the titans of industry in the Philippines. The contributions of these leaders have improved the quality of our daily lives. Cheers to these...

After years of waiting for favorable REIT rules and regulations to be approved, firms have no intention of letting COVID-19 derail share offering plans. DoubleDragon became the second Philippine developer to announce a REIT launch in 2020. The Department of Finance, Securities and Exchange Commission, Bureau of Internal Revenue and Philippine Stock Exchange signed off on the new REIT rules at the start...

Housing developer unloading P2.8B in receivables (lifted from  Inquirer.Net) Housing developer 8990 Holdings has signed a deal to unload P2.8 billion worth of housing receivables, freeing up liquidity to build more houses for the mass market. In a disclosure to the Philippine Stock Exchange, 8990 Holdings said its subsidiaries had entered into a deal to sell contract-to-sell (CTS) receivables to...

How to Sell Your Home Fast by Elise Sole  Selling a home can often take months, even years. So what if you have to unload your home in, say, two weeks? It can happen: Whether you need to relocate for a new job, to care for an elderly family member who's suddenly fallen ill, or because you simply can't handle your mortgage payments for even one more month, there are plenty of circumstances in...

Availing a housing loan thru Pag-ibig is made even simpler, there are two (2) modes in availing it.  First, the developer-assisted program, the real estate developer will be the one to assist and process the member’s loan application and the second one is the retail, the member applies directly to the government’s Home Development Mutual Fund. To qualify for a Pag-IBIG housing loan, a member shall...

As one of life’s biggest and most rewarding experiences, buying a house is something you want to get right. Here’s the top 10 house buying tips to help you find success in your property investment. Don’t rush in  There’s no hurry. Get prepared first. One thing you can do is a comparative analysis. This means setting a certain time period – say a few months – and gathering up as much data as...