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...
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...
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