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Cebu Landmasters On Track to Meet P7B Sales Target
Property developer Cebu Landmasters Inc. (CLI) is on track to meet its P7 billion reservation sales target this year after its sales rose 24 percent in the first three months. From January to March 2018, the listed company sold P2.7 billion of its ongoing developments–reaching already 38 percent of its
Seda Vertis North: QC’s Newest Five-Star Hotel
Manila, Philippines—The Philippine Department of Tourism has recently accredited Ayala Land’s 438-room Seda Vertis North (near SM North EDSA and Trinoma malls) as Quezon City’s newest five-star hotel. “We’re particularly pleased to offer Quezon City our levels of service, facilities, and amenities now that we are seeing so much economic
WIN A Trip To Baguio This Summer!
These summer months are hot—and getting hotter! So, we would love to treat you and your best friend to the summer capital of the Philippines, Baguio City—stay cool and enjoy the sights and sounds that only the “City of Pines” can offer! Shop for freshly-picked strawberries and bargains galore at
Win a Trip for 2 to Laoag-Vigan-Pagudpud!
This summer, Property Asia (PA) is heading north! In partnership with Geortravel Tours and Services, PA is giving a historical-fun-filled Ilocos tour. Promo Mechanics This promo, which will run from April 16 to May 16, 2018, is open to all adults, aged 21 and above, who live in Metro Manila.
The Philippines’ Tourist Spots Inspire ‘IDestinasyon’ Exhibit
By Jed Tupaz, Kay Cabanilla and Jannelle Buguis Manila, Philippines—The PUP BS Interior Design Graduating Class of 2018 has an ongoing exhibit dubbed as “IDestinasyon: An Itinerary of Philippine Tourist Spots through Hospitality Interiors.” Truly, the different designs employed in every room will literally carry you away to different regions
Connovate Philippines Produces Sustainable Building Panels Locally
Manila, Philippines—Connovate Philippines Inc. has acquired the licence to locally produce the Connovate sustainable system from Denmark that uses high-strength concrete (HPC) for sandwich panels that are usually used in facades, roofs, partition walls, and ceilings of low-cost structures. The company operates a fully-automated factory in Silang, Cavite. At full
Megaworld to Turn Over 2,300 Residential Units in Fort Bonifacio
Manila, Philippines–Property developer Megaworld is turning over P30 billion worth of residential developments—around 2,300 units—in Fort Bonifacio, Taguig City, this year. The company has five condominium developments in its three townships in Fort Bonifacio due for turnover soon: The Florence Tower 1, Viceroy East Tower, and The Venice-Giovanni Tower in
WorldBex 2018 Features Innovative, Sustainable Designs by Filipino Architects
Manila, Philippines—Two of the main events at the World Building and Construction Expo (WorldBex) this year are the “Architect’s Gallery” and the “City of Tomorrow” exhibit. Supporting this year’s theme “Shaping Innovations Toward Sustainability,” these main events showcase how sustainable and innovative practices are incorporated in various building and construction
Megaworld Adds P54B in Funding Westside City
Manila, Philippines—Megaworld, one of the country’s largest developers of integrated urban townships, is increasing its investments—an additional P54 billion in a period of 10 years—in the 31-hectare Westside City township at the emerging Entertainment City in Paranaque. Travellers International Hotels Group Inc., the developer and operator of Resorts World Manila,
SM Prime Announces P27.6B Net Income in 2017
Manila, Philippines–Integrated property company SM Prime Holdings, Inc. (SM Prime) registered a recurring net income growth of 16% in 2017 to P27.6 billion from P23.8 billion in 2016. Consolidated revenues grew 14% to P90.9 billion in 2017 from P79.8 billion in 2016. Overall operating income improved by 15% to P40.6 billion