Cebu consortium’s high-end condo project: Fast unit sales noted

Jose Santino S. Bunachita 01/12/2018

DESPITE stiff competition, El Camino Developers Cebu Inc., a consortium of five Cebuano property developers, has posted high pre-orders for its high-end residential project at the Cebu IT Park. According to Jose Soberano III, president and CEO…

Mall developer to invest P2B for first condo project

Victor Anthony V. Silva 12/20/2017

THE developer of J Centre Mall in Mandaue is set to embark on its first condominium project, which is primed to be the tallest building in the city once completed. Jiprop Development Corporation, the vertical housing arm…

Priland to build P300M condo in Mandaue

Victor Anthony V. Silva 12/08/2017

BANKING on the steady growth of demand for vertical living in Cebu, homegrown property developer Priland Development Corporation launched its first condominium venture in Mandaue City on Tuesday. Ramon Carlo Yap, Priland president, said Northwoods Place, the…

Mandani Bay to be completed early due to strong condo take-up

Victor Anthony V. Silva 10/27/2017

THE P130-billion Mandani Bay project in Mandaue City is expected to be completed earlier on the back of a strong market demand, signifying that luxury condominiums are gaining ground in Cebu. Gilbert Ang, project director at HTLand,…

Students leave city-owned condo

Inna Gian Mejia 07/11/2017

A year after it was declared unfit for occupancy by City Hall building inspectors, a five-storey condominium owned by the Cebu City government has finally been closed down with all its occupants ordered to vacate. Starting last…

Cebu’s economic boom boosts demand for high-end condo units

Aileen Garcia-Yap 05/27/2017

Ayala Land Premier (ALP) continues to bank on Cebu’s growing demand for distinctive and exclusive high-end residences. It recently launched its third luxury condominium project in Cebu, The Alcoves, that will rise on top of Ayala Center…

Local developer invests P5B in Liloan resort, condo

Jeff Ruffolo 02/26/2017

Cebu’s real estate development goes up to the northern town of Liloan as homegrown real estate developer Duros Land Properties Inc. (DLPI) announces its commitment to pour in five billion pesos for a 10-hectare residential development that…

Margot says students should move out of condo

Nestle L. Semilla 06/14/2016

CEBU City Acting Mayor Margot Osmeña wanted all 600 students staying in a city-owned condominium to move out but admitted that they don’t have any place for them to transfer to. “What I’ve found out, first, the…

Analyst: Property glut ‘being felt’ in Cebu

Vanessa Lucero 07/21/2015

Developers urged to do proper market research first A glut in property developments is “being felt” in Cebu, especially in the residential segment, an industry analyst said. Julius Guevara, director and head of research at real estate…

Developer sets aside P3.7B for projects

Aileen Garcia-Yap 05/29/2015

Condominium projects no longer in the pipeline Aboitiz Land, Inc. has set aside P3.7 billion for various projects this year in line with its thrust to become a major national player in property development. Andoni Aboitiz, Aboitiz…

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