Villar group enters Cebu’s condo market

Aileen Garcia-Yap 10/29/2015

  THE Villar Group is bringing its condominium brand Vista Residences to Cebu. The first project, Vista Suarez, will be built along Gorordo Ave. in Cebu City. It will cost nearly P4 billion. “It’s that area where…

Developer sees flat growth, not slowdown

Vanessa Claire Lucero 10/28/2015

  THE Gaisano-owned Taft Property Ventures Development Corp. will continue to build residential condominium buildings in the next two years. Instead of a slowdown as predicted by some industry analysts, Taft Properties president and chief executive officer…

Grand Residences Tower 1 ready for Sept. turnover

Vanessa Claire Lucero 08/24/2015

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…

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…

Wei Kiat officials lead groundbreaking of La Nivea

Vanessa Claire Lucero 06/30/2015

Executives from the Singaporean company Wei Kiat Management and Developments Inc., led the official groundbreaking of La Nivea at Nivel Hills today. Wei Kiat Management and Development aims to build affordable housing for the working class. A…

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…

Parklane to open resorts, condotel

Aileen Garcia-Yap 12/11/2014

A local hotel chain will invest about P300 million for three expansion projects in the next five years. Cebu Parklane International Hotel holding company, Five Power Ventures Development Corp. (FPVDC), is set to expand their hotel business…

Bamboo Bay breaks ground for Tower 2

Intern 08/25/2014

Living up to its promise to create a community of good neighbors, Contempo Property Holdings, Inc. , a homegrown real estate developer, takes pride in breaking grounds for Tower 2. “Indeed, we have just reached closer to…

AppleOne captures Canada

PR 08/20/2014

After a successful series of roadshows in the U.S.A., AppleOne Banawa Heights moves to Canada to present investment opportunities and various facets of its unique condominium- residential project to different Filipino communities in Toronto, Ontario. The recent…

Filinvest commits to pay P224M for SRP lot this week

Doris C. Bongcac 03/19/2014

Filinvest Land Inc. (FLI) will pay P224 million to the Cebu City government this week as their second to the last payment for the 10-hectare pond F of the South Road Properties (SRP) which they bought in…

The Padgett Place near completion

02/08/2014

WHAT used to be a promise two years ago is now a reality. For the first time in its long track record in real estate development business, the Duros Land Properties , Inc., promised to build a…

Rockwell to build P2B condo project in Lahug

02/07/2014

A five-building, 355-unit condominium development worth P2 billion will soon rise in Cebu City as the new project of Rockwell Land Corp., one of the biggest names in Metro Manila’s real estate industry. Called the 32 Sanson,…

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