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:...
Are you considering delving into the world of real estate investment but unsure where to start? Look no further! In this beginner's guide, we'll walk you through the essential steps to kickstart your journey towards financial success through real estate. Establish Clear Goals: Before diving in, take a moment to define your objectives. Are you aiming for long-term wealth accumulation, passive...
“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...
There are still overseas foreign workers (OFWs) are buying property, although the number is less than it had been in previous years. Attractive investment returns coupled with affordable real estate prices in the Philippines have seen OFWs become increasingly active in the country’s property market. And with prices falling and discounts widely available, OFWs with cash in hand may be able to take...
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...
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