Pampanga, Philippines—Global Gateway Development Corp. (GGDC) and Century Properties Group Inc. (CPCI) have signed a joint-venture agreement to accelerate the development of the 2.6 hectares of the 177-hectare leasehold within the planned Clark Global City at the Clark Freeport Zone. This joint venture, which is a first for CPCI in

Manila, Philippines—One of the Philippines’ leading home retailers Wilcon Depot has just launched its own digital store on Shop.Wilcon.com.ph. The e-shop offers an increased convenience to its shoppers and a wide array of products, which includes appliances, automotive, building materials, furniture, hardware, home interior, housewares, outdoor living, paints and sundries,

Pampanga, Philippines—The North Luzon Airport Consortium (NLAC) is optimistic that the new Clark International Airport project will spur economic growth in Central and North Luzon. The consortium is pouring in an estimated project cost of about P6B to build the new terminal with a capacity to serve eight million passengers

By Pauline Castaneda Vibrant Economy The Philippines remains the third fastest growing economy in the Asia-Pacific region. Its strong inflow of investments, young demographics, and consumption-driven market drive this upward trend, which has elicited an outstanding growth pattern in the country’s property sector. Auspicious Infrastructure Projects The Philippines has entered

Manila, Philippines—8990 Holdings Inc., one of the fastest growing real estate developers in the country, has partnered with SM Group’s SM Hypermart as its lead tenant at Deca Mall in Tondo, where the large-scale mixed-use development Urban Deca Homes Manila is located. Offering a variety of food and non-food products,

Manila, Philippines—Property developer Megaworld is building a new residential tower in Makati City, the 57-story Vion Tower, touted as the tallest residential development along EDSA‐Makati. The residential tower will offer units ranging from studio (up to 31 square meters), one‐bedroom (up to 51 square meters), and two‐bedrooms (up to 71

By Pauline Castaneda Manila. Philippines– It was a Merry afternoon indeed! Christmas came early for the kids of Tanghalan Mandaluyong Inc. (TMI) at Jollibee Maysilo, Mandaluyong City. PropertyAsia.ph (PA), along with TMI mentors, collaborated to make this holiday extra special for 30 kids of TMI, a non-profit community-based performing arts

Manila, Philippines—Property developer DMCI Homes recorded P33.48 billion in reservation sales from January to September this year, which is up by seven percent from P31.34 billion for the same period last year. The company’s sales target for this year is P40 billion. One of the key contributors to the sales

Manila, Philippines–SM Prime Holdings, one of the largest integrated property developers in the region, is set to construct another mixed-use building in the Mall of Asia (MOA) complex in Pasay City. This development will house the first IKEA furniture store in the Philippines, which is expected to launch in 2020.

Manila, Philippines—Century Properties Group (CPG) is set to open the Asian Century Center, a green office building in Bonifacio Global City, this December. Worth P1 billion, the 21-story office tower boasts 26,913 square meters of leasable space and about P468 million in annual revenues once fully leased out. It is