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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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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ABOITIZ InfraCapital, Inc. plans to break ground next year on a new commercial complex within its 540-hectare mixed-use development West Cebu Estate (WCE) in Balamban, Cebu, the company said. “These amenities are designed to enhance the quality of life for the estate’s workforce and residents, fostering a supportive, well-rounded environment that will make WCE an...
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