Davao City, Philippines—Property giant Megaworld announced on Tuesday, May 31, that it will build two more office towers, in addition to its Davao Finance Center, in the 11-hectare township Davao Park District in Lanang, Davao City. Megaworld envisions the township to be Davao City’s Central Business District (CBD) and a

Manila, Philippines—Ayala Land Inc. (ALI) and educational partner De La Salle Santiago Zobel School (DLSZ) recently held a groundbreaking ceremony for the new DLSZ-Vermosa campus set to open next year. Held at ALI’s fourth largest estate development, the 700-hectare Vermosa estate in Imus, Cavite, the ceremony was led by ALI

Manila, Philippines—PropertyAsia.ph has just announced its transition from HTTP to HTTPS, which ensures online security for all its users and subscribers—a notable first in the realm of property search portals in the Philippines. “We’re absolutely thrilled to be transiting from HTTP to HTTPS.  When you visit our website, you would

Manila, Philippines—SM Prime Holdings Inc. (SM Prime), the property company behind the SM Malls, opens its fifth and newest mall in Cavite City, SM City Trece Martires, today, May 13. SM City Trece Martires adds 84,000 sqm to SM Prime’s total retail space to date at almost 7.5 million sqm.

Manila, Philippines—The real estate exposures (REEs) of universal, commercial (U/KBs), thrift banks (TBs), and trust departments reached P1.5 trillion by the end of 2015 according to the Bangko Sentral ng Pilipinas (BSP). The REEs accounted for 23.7 percent of the banks’ total loan portfolio (TLP) during the period, slightly lower

Photo Collage: Hendrix Vargas By Renselyn Estipular The 2016 Philippine presidential elections’ campaigning has reached fever pitch; the elections are definitely almost here. Presidentiables Jojo Binay, Digong Duterte, Grace Poe, Mar Roxas, and Miriam Defensor-Santiago continue to make their last pitches, which, for the ordinary Pinoy, make it even more

Manila, Philippines—The Department of Budget and Management (DBM) recently announced that P13.5 billion will be allocated for the upgrading and rehabilitation of about 700 km of city roads and bridges nationwide starting next year.  An additional funding of P3.2 billion, on the other hand, will be dedicated to the fifth-year

Manila, Philippines—Together with Clark Development Corporation, which manages the Clark Freeport Zone in Pampanga, conglomerate Filinvest Group formally signed on Monday, April 25, a 50-year lease agreement, renewable for another 25 years, to redevelop the 201-hectare Mimosa Leisure Estate. Located 100 kilometers north of Manila, the Mimosa Leisure Estate is

By Ronalyn Donado, Krizha Quiambao By the year 2020, around 350,000 to 800,000 passengers daily can experience a fast, convenient way to travel back and forth between North Avenue, Quezon City and San Jose Del Monte, Bulacan. Manila, Philippines–The construction of the Manila Metro Rail Transit System (MRT) Line 7