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Wednesday, April 24, 2024

Real Estate

High interest rates dampen housing launches in NCR

Residential developers have launched fewer condominium units in Metro Manila as the high interest-rate environment presents significant hurdle among home buyers, according to Leechiu Properties Consultants (LPC). LPC research and consultancy director for residential market Roy Golez said in a news briefing the residential market showed an apparent slowdown in Metro Manila condominium take-up and launches in the first quarter of 2024 “Based on our tracking of pre-selling, we have been...

Strong Start for Office Market

While the residential market is reeling from the high interest rate environment,...

Pueblo de Oro unveils new model unit in CDO

Pueblo de Oro (PDO) Development Corp., a developer of master planned communities,...

SM caters to growing residential needs in the regions

The residential business unit of the SM Group, SM Development Corporation (SMDC)...

LATEST Real Estate

LATEST

Century Properties unveils The Hotel Residences at Acqua

Top real estate developer Century Properties Group (CPG) has recently introduced The Hotel Residences at Acqua: beautifully- styled, hotel-fitted, completely furnished, and move-in ready...

GSIS, PNB team up with developer for affordable housing

As the government vows to address the country’s housing backlog, state-run pension fund Government Service Insurance System (GSIS), has partnered with the Lucio Tan-owned...

CLI announces first international joint venture, partners with leading Japanese property firm NTTUD Group

CLI NUD Ventures, Inc., a joint venture between Cebu Landmasters Inc. (CLI) and Japan-based real estate firm NTT UD Asia Pte. Ltd. (NTTUDA) is...

Property firms seen sustaining profit growth in 2024

After showing fantastic financial performance in 2023, listed property firms are poised to sustain their strong earnings this year as interest rates are expected...

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