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CEBU CITY, Philippines — Four months after Cebu City Mayor Michael Rama vetoed City Ordinance No. 138-2022, which increases the real property tax (RPT) rate, the city’s executive department has yet to introduce a new model for…
CEBU CITY, Philippines — As the Local Finance Committee of Cebu City’s (LFC) executive department is currently preparing a new proposal after Mayor Michael Rama rejected the ordinance approved by the council on raising the real property…
MANDAUE CITY, Philippines — The Mandaue City Government will be giving a 20 percent tax discount to real property owners. Lawyer Regal Oliva, Mandaue City Treasurer, said they have already advised the city’s real property owners not…
CEBU CITY, Philippines — Interests for office spaces in Metro Cebu have notably increased in the third quarter of 2020, despite the challenges faced by the real property sector amid the pandemic. This development was noted by…
CEBU CITY, Philippines — The Cebu City Council has passed in third reading the Tax Amnesty ordinance which would provide tax relief to delinquent taxpayers of real property taxes (RPT) and business taxes from the year 2019…
CEBU CITY, Philippines — Cebu City Treasurer Jerone Castillo is pushing for the passage of an ordinance that proposes the grant of amnesty to business owners with unpaid taxes incurred in the previous years. The grant of…
The Bando-Osmeña Pundok Kauswagan (BO-PK) bloc in the Cebu City Council yesterday said they are not against the sale of South Road Properties (SRP) lots per se. “We want to help Cebu City. We are not against…
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…
At least 36 taxpayers expressed interest to redeem their real properties that have been forfeited in favor of the Cebu City government for tax delinquency. The real properties include a mix of commercial, residential and agricultural lands…
Negotiated sale takes too long, says MCDCB The Metro Cebu Development and Coordinating Board (MCDCB) is optimistic that the proposed amendments to the right-of-way law will be approved within this year. University of Cebu Law Professor…
Primary Homes Inc. (PHI) has repositioned its project in Argao town as an investment and vacation home. The developer has also increased its investment in Argao Royal Palms to P500 million from P300 million. Ramero F. Espina,…
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…
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