Developer sets aside P5B for projects in next 5 years

Vanessa Claire Lucero 01/14/2016

BY THE end of this year, homegrown developer Cebu Landmasters, Inc. (CLI) expects to complete a total of 25 projects. The company has allocated P5 billion for its ongoing developments in the next two to five years.…

Just who’s counting

Gerard Pareja 12/22/2015

Kon makasakay kas mga elevators sa IT park, makabantay ka nga dunay mga floors nga nangawagtang, mga wa maapil sa ihap. Ug makaingon ka nga even in modern times, superstition thrives. Sa ubang mga tag-as nga buildings,…

More units at Horizons

Aileen Garcia-Yap 12/10/2015

TAFT Property Venture Development Corp. (TPVDC) will offer additional residential units and expand the retail component of Horizons 101 to meet the high demand. Christopher Narciso, TPVDC president and chief operating officer, said they will build more…

Condo project offers unique features

Vanessa Claire Lucero 12/08/2015

Developer Contempo Property Holdings, Inc. said its maiden project, Bamboo Bay Community, offers “many firsts” for Cebu. Among these are its integrated utilities services, “No Smoking” policy, and a walk-through garden. Beverly Dayanan, chief executive officer (CEO)…

Grand Land to bring dusitD2 to Cebu

PR 11/27/2015

Grand Land, Inc., the residential property arm of Gaisano Grand Group, has announced that it will undertake a second joint venture project with Dusit International after Grand Tower Hotel. Grand Land President Ryan Bernard Go signed last…

Cebu is a rich landlord

Victor Anthony V. Silva 11/24/2015

The Cebu provincial government owes its status as the country’s wealthiest provincial government mostly to its real property assets worth P22 billion. Provincial Accountant Marieto Ypil said this comprised majority of the Capitol’s P28.18 billion equity last…

Developer plans 3 more housing projects in Cebu

Vanessa Claire Lucero 11/22/2015

New developer SunKai Land, Inc. plans to undertake three more residential projects by next year. These projects will consist of mid-rise vertical developments and house-and-lot units. All three will be located within Cebu City, project development manager…

SunKai Land breaks ground for tower project

Vanessa Claire Lucero 11/20/2015

Developer SunKai Land, Inc. officially broke ground for SunVida Tower, its vertical residential project. Work on the 30-storey tower project will start after the groundbreaking and will be completed in 2018, project manager Michael Estomata said. Several…

Real estate broker review

PR 11/15/2015

THE Central Cebu Board of Realtors, in cooperation with the National Real Estate Association Cebu chapter, will hold a real estate broker’s seminar and special review on Nov. 21, 22, 28, 29; Dec. 5, 6, 12, 13,…

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…

Few RFO units left in Filinvest projects

10/26/2015

DEVELOPER Filinvest Land, Inc. said most of the ready-for-occupancy (RFO) unit in two of its residential developments in Cebu have been sold. Julie R. Castaños, Filinvest senior manager for project development, said 80 percent of the RFO…

Developers advised to offer low to mid-market projects

Vanessa Claire Lucero 10/22/2015

Property developers were advised to take a good look at the market before launching new projects and focus more on the low-to-mid-market housing segment. Julius Guevara, Colliers International Research and Advisory Services director, said low-to-mid-income workers still…

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