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Grand Residences Tower 1 ready for Sept. turnover

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The first of five condominium buildings planned for Grand Residences is slated for turnover next month. Tina Pestaño, Grand Land, Inc. vice president for sales and marketing, said 98 percent of the 247 condominium units in East Tower A or Tower 1 has been sold. Turnover of Tower 2, which is 95 percent sold, is […]

Posted: August 24th, 2015 in Enterprise,Property Views | Read More »

Mabolo Garden Flats execs eye young entrepreneurs

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SOHO UNITS A local developer is targeting young entrepreneurs for their Small Office Home Office units in their 25-story Mabolo Garden Flats. The SOHO units will serve both residential and commercial needs of these entrepreneurs. Construction of 34 SOHO  units is on-going and will be completed in time for their turnover in December, said Primary […]

Posted: August 21st, 2015 in Enterprise,Property Views | Read More »

AppleOne tops off second tower in Banawa project

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APPLEONE Properties, Inc. topped off Tower 2 of AppleOne Banawa Heights last Saturday and targets to top off Villa One in six to eight months. The company is also looking forward to start the construction of the planned Sheraton Mactan Resort, a four-hectare resort that will be developed in partnership with Starwood Hotels and Resorts […]

Posted: August 18th, 2015 in Enterprise,Property Views | Read More »

Low-cost developer launches first project

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Seven out of 10 low-cost house-and-lot units offered at Sunberry Homes have been sold, a top executive said. The P300-million project is the first venture of Sunberry Homes, Inc., an affiliate of Contempo Property Holdings, Inc. It offers a total of 400 economic and socialized units spread out over a 2.5-hectare property in Lapu-Lapu City. […]

Posted: August 5th, 2015 in Enterprise,Property Views | Read More »

Demand for low-cost housing remains high

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Developers note  backlog in Cebu, not oversupply Despite the numerous residential projects being undertaken in Cebu, the demand for low-cost housing has continued to increase, a property development company executive said. Alexander Ace Sotto, general manager for engineering and construction of listed low-cost housing developer 8990 Holdings, Inc., said the backlog as of this year […]

Posted: July 23rd, 2015 in Enterprise,Property Views | Read More »

Why buy when you can rent

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The common sales pitch of the real estate seller is “why rent when you can buy.” For all practical intents and purposes, there are indeed situations where renting is the wiser choice. Perhaps the Germans know something we don’t, being one of the few developed countries where almost half of the homes are rented and […]

Posted: June 23rd, 2015 in Property Views | Read More »

4 ways HLURB is professionalizing the real estate industry

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A foreigner once told me that 80% of Filipinos are real estate brokers, from the taxi driver at the airport, to the front desk manager of a hotel, to the relative of a girl friend. True enough, everyone is into real estate selling even if they do not have any knowledge about laws, requirements, technicalities, […]

Posted: June 15th, 2015 in Property Views | Read More »

SMS-based system is a new way to reach property buyers in Cebu

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LAMUDI.COM.PH is targetting the large number of Filipinos not connected to the Internet with their newest Dial4Home service. They hope this new service will help bridge the gap between online and offline segments in the market and encourage more Filipinos to start going online, said Jaqueline van den Ende, Lamudi.com.ph managing director, during yesterday’s launch […]

Posted: April 15th, 2015 in Enterprise,Property Views | Read More »

Firmer rules to curb false advertising for building units

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The Housing and Land Use Regulatory Board (HLURB-7) advised the public to be vigilant in buying residential and commercial building units that are advertised. Buyers should closely examine advertising claims  and offers of real estate brokers, in case the claims are false or the broker has no license to sell, said Alexis Roy Lopez, HLURB-7 […]

Posted: April 15th, 2015 in Enterprise,Property Views | Read More »

Paramount Property pours in P600M for Minglanilla, Carcar projects

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Investing in south Cebu   After four successful real estate projects in  nine years, a Cebuano real estate company will invest another P600 million to develop three additional  projects in Cebu this year. Paramount Property Ventures Inc. (PPVI) will implement the projects in southern Cebu where the firm sees more developments happening in the next […]

Posted: March 13th, 2015 in Enterprise,Property Views | Read More »