The Commercial Real Estate market market in the Philippines is predicted to reach a staggering US$0.77tn by the year 2024. This projection indicates a promising growth potential for the sector. Furthermore, it is anticipated that the market will experience a steady annual growth rate (CAGR 2024-2029) of 0.77%, resulting in a substantial market volume of US$0.80tn by 2029. When compared to...
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Ayala Land to take full control of Gatewalk Central project ARTIST’S PERSPECTIVE. Ayala Land says it envisions Gatewalk Central to be one of its key Cebu estates that will contribute to its growing presence in the Visayas region. / GATEWALK CENTRAL FACEBOOK AYALA Land Inc. (ALI) is buying out its partner Aboitiz Land and Aboitiz Equity Venture (AEV) to take full ownership of C...
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SEC issues guidelines regulating rental pools Maria Bernadette Romero Published on: Jul 25, 2024, 00:20 The Securities and Exchange Commission (SEC) wants to regulate the sale of properties with rental pool agreements amid an upward trend in renting out properties. On Wednesday, the regulator said that it had issued Memorandum Circular No. 12, Series of 2024 or “Securing and E...
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Philippine real estate set for takeoff as economy accelerates The Philippines is reasserting its position on the global stage as one of the world’s hottest markets for luxury homes thanks to its increasingly liberalised economy Filipinos are in the mood for spending once more, be it on residential real estate or purchases at the shopping mall. This resurgence comes as...
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HEADLINES: PSA: Cancel Guo birth certificate | June 27, 2024 Lima continued to flourish as a vibrant and inclusive community, seamlessly integrating sustainability with economic prosperity. The upcoming launch of a 40-hectare expansion within its business district further beckoned investors and enterprises to Batangas. Aboitiz InfraCapital Economic Estates recently launched its 4th...
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MANILA, Philippines — Housing loan collectibles of the Social Security System (SSS) have reached P6.8 billion with the state-run pension fund now transitioning to a real-time processing of loans for members’ convenience. As of end-December 2023, SSS said it has 3,744 mortgagors with home loan collectibles worth P6.83 billion. As such, SSS is implementing the mandatory use of paym...
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