🏠 PHMLS NEWS | SOCIALIZED HOUSING ATTRACTS MAJOR DEVELOPERS Socialized housing is gaining stronger attention from established Philippine property developers as improved government financing, revised price ceilings, and the country’s significant housing backlog create new opportunities in the affordable housing market. One notable development is DMCI Homes, which is preparing to enter...
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PHMLS NEWS | CEBU HOUSING MARKET Why Affordability Is Becoming a Bigger Challenge Housing demand in Central Visayas remains strong, but for many buyers, the bigger challenge is no longer finding a property—it is finding a home they can realistically afford. Recent discussions involving the Subdivision and Housing Developers Association (SHDA) highlighted several factors contributing...
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PHMLS | MARKET OUTLOOK Colliers: From Lots to Pax Silica, Where Could the Next Philippine Property Boom Happen? MANILA — The next major Philippine real estate growth story may not be centered on another condominium tower in Metro Manila. Instead, emerging opportunities could increasingly be found outside the capital, where demand for house-and-lot developments, lot-only projects, in...
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⚖️ PHMLS NEWS | SUPREME COURT RULING Verbal Promises Should Never Replace Proper Documentation A recent Supreme Court ruling involving Empire East Land Holdings, Inc. offers an important reminder to real estate buyers: If an important promise affects your decision to purchase, make sure it is properly documented before releasing substantial payments. In the case, a buyer paid ₱130,...
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SC: Condominium Corporations Do Not Engage in Trade or Business by Merely Collecting Association Dues The Supreme Court of the Philippines has clarified an important issue concerning condominium corporations and the taxation of association dues. The Court ruled that condominium corporations are not considered engaged in trade or business merely because they collect association dues, membersh...
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Cebu Landmasters, Inc. (CLI), one of the leading property developers in the Visayas and Mindanao, continues to strengthen its presence in the hospitality sector with Abaca Resort Mactan, its flagship luxury resort development in Lapu-Lapu City. The approximately ₱2.5-billion project is designed to elevate Cebu's position as a premier tourism destination by offering world-class accommodation...
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