Megaworld, the country’s premiere property developer and operator, is constructing its second hotel in the 462-hectare Paragua Coastown ecotourism township in San Vicente, boasting easy beach access and scenic mountain vistas. In the property giant’s statement this Thursday, it announced the development of the 10-storey Paragua Sands Hotel, offering 313 diverse-layout guest rooms an...
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Common Precautions to Take When Buying Pre-Selling Properties When considering the purchase of a pre-selling property, it's essential to exercise caution and thorough due diligence to ensure a successful and satisfying investment. Here are some common precautions to follow when buying a pre-selling property: 1. Visit the Project Location: Physically visiting the locat...
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MANILA -Property giant Ayala Land Inc. saw profits soar 38 percent to P18.4 billion during the first nine months of the year on strong mall revenues and stable housing sales. Total revenues from January to September expanded by 15 percent to P98.9 billion versus the same period last year, a stock exchange filing on Wednesday showed. “The strong performance of our various business...
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“Tall buildings are a source of pride for our city.” These famous lines by former New York City Mayor Michael Bloomberg may have referred to the skyscrapers of the Big Apple, but they basically ring true everywhere. Tall structures are often seen as symbols of a city’s prosperity. A skyscraper in your area means that investors are attracted to the place’s development. B...
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Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu By: Samuel Lao, Real Estate Broker - Cebu City, October 22, 2023 The bustling urban sprawl of Metro Cebu, stretching from Cebu City to Carcar in the South and Danao to the North, has long been a hub of economic growth and development. However, a pressing issue now threatens to...
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CEBU property developer and hotel operator AppleOne Group, Inc. said it is planning to expand to capitalize on the tourism industry’s recovery. AppleOne said in a statement on Thursday that it plans to expand its hotel portfolio by entering into partnerships. “We are in talks with several international luxury brands to help us deliver world-class service and convenience in real e...
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