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:...
At Gabriel Realty and Brokerage, we understand that real estate investment holds the promise of financial freedom. However, misconceptions can obscure this path to prosperity. In this article, we debunk five common myths that might be hindering your journey to real estate riches. 1. Myth: Real Estate Investment Requires Excessive Capital Contrary to popular belief, breaking into the real...
Aboitiz Land, one of the leading real estate developers in the Philippines, is set to offer 100 lot-only units in Priveya Hills, a premier residential development in Cebu City. This move comes as part of the company's commitment to providing high-quality living spaces that cater to the evolving needs and preferences of modern Filipinos. Located in the green hills of Talamban, Cebu City, Priveya Hills...
PREMIUM PROJECT. Robinsons Land’s Mantawi Residences, located along Ouano Avenue in Mandaue City, is a premium development with a lot area of 20,328 square meters. The project offers 474 condo units per tower. Each tower will have 40 floors with only 14 units per floor. Robinsons Land Corp. Brings Luxury Condo Living to Mandaue with New Development Robinsons Land Corporation (RLC), one of the...
Positano Mactan: Megaworld's Latest Seaside Development in Cebu, Expecting P2B in Sales Megaworld, one of the top property developers in the Philippines, recently launched Positano Mactan, a 5-hectare seaside development in Mactan, Cebu. This luxurious development offers a mix of residential, commercial, and recreational spaces that provide a premium seaside living experience for its...
DISCOVER a new kind of lifestyle at Golden Topper’s newest development in Cebu, El Sol. The leisure condominium, whose name translates to “the sun,” is inspired by the warm disposition of the Cebuanos. Featuring a combination of nature-inspired design elements and resort-like amenities, El Sol offers a serene escape from the city noise. El Sol is located inside the Seagrove estate, a soon-to-rise...
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...
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: Cheyenne Hollis is Editor-in-Chief at Dot Property Group and Thailand Property. While the COVID-19 pandemic slowed many real estate sectors in the Philippines, demand for industrial and logistics space actually increased. Several experts believe the sector will remain a bright spot for the country’s property market in the coming months and possibly years. This was one of the key takeaways...
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...
Aruga Resort and Resideces – Mactan is a beachfront hotel fused with exquisitely designed residences in Mactan, Cebu. This 4.7-hectare sanctuary is nothing less than Rockwell’s boldest move yet. Lined along the serene side of the island, Aruga Resort and Residences – Mactan is an innovative residential concept that mixes the perks of resort relaxation with Rockwell’s signature...
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