What Exactly Is a Pre-Selling Property? (And Why Smart Buyers Choose It Early) When you hear developers or brokers talk about “pre-selling,” it simply means the property is being sold before it is completed — sometimes while still under construction, or even at the blueprint stage. Why do developers do this? It helps them fund the project while giving early buyers the...
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Pag-IBIG Fund is set to offer a special 4.5 percent housing loan rate to qualified members seeking to purchase house-and-lot packages worth up to P1.8 million, as part of the Marcos Administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The promotional rate is expected to be available starting in October, as the agency joins the nationwide celebration of National Shelte...
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Republic Act No. 12001: Real Property Valuation & Assessment Reform Act (RPVARA) For everybody’s information The Philippine government has passed Republic Act (R.A.) No. 12001, also known as the Real Property Valuation and Assessment Reform Act (RPVARA). This landmark law was enacted in June 2024 and became effective on July 5, 2024. One of the key provisions of this law is th...
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Banks Q2 real estate exposure hits P3.39T, up at 19.6% of total By Malaya Business News TeamSeptember 15, 2025 Banks and their trust units’ exposure to real estate rose to P3.39 trillion in the second quarter to June 2025, equivalent to 19.61 percent of the banking system’s total loan portfolio excluding interbank loans, the latest central bank data showed. The second-qua...
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With the renewal of the Memorandum of Understanding (MOU) between The Philippines and State of Qatar, the two nations aim to strengthen their cooperation, particularly in the aspects of mutual development and growth of tourism and business events. Department of Tourism (DOT) Secretary Christina Garcia Frasco and State Minister for Foreign Affairs of the State of Qatar, H.E. Mr. Soltan bin Saad...
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The #SupremeCourtPH (SC) has reiterated that the donation of subdivision land to a local government unit (LGU) must be in writing and acceptance must be in the same deed or a separate instrument for ownership to be transferred. In a Decision written by Associate Justice Jhosep Y. Lopez, the SC’s Second Division ruled that the Quezon City (QC) LGU failed to establish that the open spaces a...
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