MANILA -- Lance Gokongwei is stepping down as president and chief executive officer (CEO) of Robinsons Land Corporation (RLC) from February 1, the company said Monday. In a statement, the firm said Gokongwei will remain as its executive chairman and provide strategic guidance to the company. "Under his stewardship, RLC solidified its position as a leading player in the real estate...
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MANILA — A property specialist on Monday urged Filipinos to take advantage of falling condominium rent prices this 2025 amid an oversupply crisis in Metro Manila. In an interview with ABS-CBN News, Leechiu Property Consultants (LPC) CEO David Leechiu said rental rates for mid-market condo units have already dropped to their lowest in about 15 years. He expects this downward trend to co...
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As the Philippines welcomes 2025, ultra bilyonaryo Enrique K. Razon Jr. has shared a compelling New Year’s message urging unity and collective progress. In a statement to Bilyonaryo.com, the chairman of International Container Terminal Services Inc. (ICTSI) emphasized that for the country to continue advancing, it is crucial for everyone to work toward common goals and set aside personal...
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Protect your assets with Property Insurance! We offer comprehensive non-life insurance coverage for your peace of mind. Insurance Services: Fire Insurance Car Insurance Accident Insurance Contact Samuel O. Lao and Associates at 09173236123 (Mobile, Viber). "Insurance is your safety net for life's uncertainties." #PropertyProtection #RealEstateInsurance...
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2025 real estate outlook: What to watch for THE past twelve months have produced mixed results for the Philippine property. Office vacancies remain elevated while a sizable condominium inventory has yet to be absorbed by the Metro Manila market. Meanwhile, the retail sector has been recording sustained mall space take-up despite new supply while rebounding consumer spending has also bee...
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By Beatriz Marie D. Cruz, Reporter VERTICAL HOUSING helps ensure more affordable housing options for the urban poor, while offsetting high land costs, according to urban planners. “From a larger urban perspective, vertical housing makes the provision of urban services more cost-effective,” Joel L. Luna, principal at Joel Luna Planning and Design, said in an e-mail. &nb...
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