CPG’s PHirst Park eyes 2031 completion for Batulao estate

PHIRST Park Homes, Inc., the first-home brand of Century Properties Group (CPG), recently unveiled its second township project, Century PHirst Centrale Batulao, in Nasugbu,...

Cap rates ‘stable’ in Metro Manila real estate, says Colliers

COLLIERS PHILIPPINES said the Metro Manila real estate market is seeing “relatively stable” capitalization (cap) rates. “In the near term, property cap rates are expected...

Belle Corp. says no plans to buy out Melco’s stake in City of Dreams...

LISTED firm Belle Corp. said it has no plans to buy out Melco Resorts & Entertainment Ltd.’s stake in the City of Dreams Manila...

Okada Manila earns Forbes VERIFIED Responsible Hospitality badge

OKADA MANILA on Monday said it is the Philippines’ first integrated resort to receive the Forbes Travel Guide VERIFIED Responsible Hospitality badge. The Forbes Travel...

DMCI Homes eyes P6.55-B investment in Quezon City project The Erin Heights

DMCI HOMES, Inc. plans to invest P6.55 billion in developing The Erin Heights, a 55-storey high-rise condominium in Quezon City, slated for turnover by...

New Avida Land mid-rise condo in Vermosa set for 2028 completion

AVIDA LAND Corp. recently commenced construction on its 15-storey mid-rise condominium development in Vermosa, Cavite, scheduled for completion by August 2028. The project, called Sentria...

Pueblo de Oro invests P3.7B in Batangas residential project

REAL ESTATE developer Pueblo de Oro has allocated P3.7 billion for the development of a 13-hectare (ha) residential project in Batangas City. “Pueblo de Oro...

Developers may turn to branded residences as mid-market condos struggle — C9 Hotelworks

PROPERTY advisory firm C9 Hotelworks expects that more developers will shift their focus to branded residences due to their increasing market potential and the underwhelming performance of mid-market condominiums.

Premium real estate booms in Makati despite Metro Manila market trends

By Joey Roi Bondoc
THIS is the conclusion of my piece on Makati Central Business District (CBD). It appears that the premier financial hub is isolated from the condominium oversupply plaguing some sub-markets in Metro Manila. Makati CBD remains the preferred hub for major business process outsourcing (BPO) firms and large multinational corporations (MNCs), which is why it is no surprise that the area registers the lowest office vacancy rate in the capital region.

Makati CBD exempt from condominium oversupply

By Joey Roi Bondoc
PROPERTY BROKERS, investors, and even my contacts from developers have been asking me lately about the condominium oversupply in Metro Manila.

PHL hotels may see revenue boost in 2025 — SiteMinder

PHILIPPINE HOTELS are projected to see revenue growth this year, driven by demand from international visitors, according to hotel e-commerce platform SiteMinder. “The rise in...

Radisson targets to finish Makati serviced apartments by 2027

RADISSON Hotel Group expects to complete its new upscale serviced apartments in Makati City by 2027, a company official said. “Radisson Serviced Apartments Salcedo Makati...