Property expert urges new developers to reconsider going into condominium projects

Victor Anthony V. Silva 10/27/2017

While the country’s property sector continues to grow, it isn’t expanding as fast as before, prompting a real estate consultant to warn aspiring entrants into the industry to reconsider their plans while they still can. Professor Eric…

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,…

Moving north

Victor Anthony V. Silva 10/20/2017

Developers expand to north Cebu with horizontal projects in Consolacion and Compostela towns As real estate prices continue to shoot up in Cebu City, homegrown developers are setting their eyes on northern Cebu to take advantage of…

MCIAA’s property battle ‘far from over’

Victor Anthony V. Silva 10/04/2017

THE Mactan-Cebu International Airport Authority (MCIAA) is not backing down from its legal battle involving portions of two lots in Lapu-Lapu City, even as the Supreme Court (SC) already ordered the body to begin expropriation proceedings for…

Residents, property owners attend BRT dialogue in Pardo

Morexette B. Erram 09/27/2017

ABOUT 200 residents and owners of properties affected by the Bus Rapid Transit (BRT) system in Barangay Pardo attended a dialogue at the barangay gym to vent their concerns on the project Wednesday afternoon. Though Presidential Assistant…

Tourists, builders and hotels

Victor Anthony V. Silva 09/22/2017

Property developers continue to ride Cebu’s tourism wave As the local tourism industry continues to grow, helping fuel Cebu’s robust economy, developers are also lining up to get a share of the island’s huge tourist market. According…

Another suit looms over Balili property

Morexette B. Erram 09/13/2017

The whistleblower who successfully convinced the Ombudsman to indict former governor Gwendolyn Garcia for the purchase of the Balili property in Barangay Tinaan, Naga City, now wants to file complaints against incumbent Cebu Gov. Hilario Davide III…

Property buyers told: Deal with licensed real estate practitioners

Victor Anthony V. Silva 09/13/2017

AMID the booming property sector in the country and the increasing purchasing power of the public, prospective buyers are encouraged to only transact with licensed real estate practitioners. This as the practice of unlicensed real estate agents…

Capitol to sell controversial Balili property to Naga City

Morexette B. Erram 09/11/2017

The Cebu provincial government is willing to sell the 24.7-hectare Balili property located in Barangay Tinaan, Naga City. This comes after Naga City Mayor Vanessa Kristine Chiong expressed the city’s intent to acquire the property during her…

‘I was a hitman’

Benjie B. Talisic, Nestle L. Semilla 09/02/2017

In Barangay Cahel in Borbon town, Jinnefer Mercader, 42, is known to his neighbors as a man who is wont to firing his gun indiscriminately. But few would want to get in his way because he is…

CICC deal

08/25/2017

Now that the ink had dried up in the deal signed between Mandaue City Hall and Cebu province over the Cebu International Convention Center (CICC), what prospects lie ahead for both of them? For Mandaue City, it…

Priland to ride property wave, to invest P5B in 10 Cebu projects

Victor Anthony V. Silva 08/11/2017

HOMEGROWN property firm Priland Development Corp. is poised to spend up to P5 billion this year until 2019 for 10 projects in Cebu as it banks on the growing real estate demand here. Ramon Carlo Yap, Priland…

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