Manila, Philippines—Pag-IBIG Fund reported that it released over P26 billion worth of housing loans in the first five months of 2018, which is 10 percent or over P2.44 billion higher than the loans released during the same period in 2017. The housing loans helped 32,274 families acquire their own homes.

Manila, Philippines—Property developer 8990 Holdings Inc. continues to see a strong demand from its largest development in Metro Manila, the 8.4-hectare, 13-building development Urban Deca Homes Manila, in Tondo, which is projected to earn an approximately P4.4 billion in revenues by the end of this year. In the first quarter

Manila, Philippines—Based in Amsterdam, Spaces, workstations shared with others, has chosen the World Plaza in Bonifacio Global City as its first site in the Philippines; it offers professionals a 500-square meter office hub—about 477 workstations—built around the concept of community and shared ideas. Further, Spaces integrates lifestyle into work; its

Manila, Philippines—Township developer Megaworld has launched a new residential development Park McKinley West in its 34.5-hectare McKinley West township in Fort Bonifacio. The 25-story Park McKinley West boasts spacious units: one bedroom up to 48.5 sqm, two bedrooms up to 110 sqm, three bedrooms up to 212 sqm, four bedrooms

Manila, Philippines—In a recent filing at the Philippine Stock Exchange (PSE), property developer Robinsons Land Corp. (RLC) said it will be building a “Go Dorm” in Metro Manila in the coming years, which will cater to employees. At its annual shareholders’ meeting held last May 30, 2018, President and Chief

Pampanga, Philippines–Property developer Megaworld has sold around 70 percent of its Shophouse District, which is part of its Capital Town development in San Fernando, Pampanga. The 6.3-hectare Shophouse District, composed of 98 lots ranging from 276 square meters to 680 square meters, allows the lot owners—ideally, local entrepreneurs from Pampanga—to

Manila, Philippines—INFRACORP Development Inc., the infrastructure company of Alliance Global Group Inc., has announced that it’s all set to start the proposed P3-billion, 2-kilometer Skytrain monorail project this year, which will be completed by early 2021. The project is expected to reduce the travel time from Fort Bonifacio to MRT

Cebu, Philippines—Ayala Land Inc.’s 301 room Seda hotel, Seda Ayala Center Cebu, is set to open at the Cebu Business Park in the third quarter of this year. “Warm contemporary surroundings in a strategic location matched with an exceptional customer experience have propelled the Seda brand in the last five

Manila, Philippines—DoubleDragon Properties Corp.’s net income for the first quarter of 2018 reached P744.56 million, an increase of 349.4% compared to the net income of P165.67 million during the same period last year. The company’s recurring revenues, on the other hand, have increased 173.7% (P531.38 million) for the first three

The New Clark City, also called Clark Green City, is one of the flagship projects of Philippine President Rodrigo Duterte’s “Build, Build, Build” infrastructure program, which aims to decongest Metro Manila, the nation’s largest urban center. The 9,540-hectare development, located in the Clark Special Economic Zone in Capas and Bamban,