Megawide’s PH1 allots P1B for Southscapes Trece Martires

PH1 WORLD DEVELOPERS, INC. (PH1WD), the property unit of Megawide Construction Corp., is investing P1 billion in a residential project in Trece Martires, Cavite. Located...

ALI, Megaworld lead property sector in Kantar brand strength study

AYALA LAND, INC. (ALI) and Megaworld Corp. were among the companies identified in the Kantar BrandZ Philippines 2025 Report as leading real estate brands. ALI...

Luxury hospitality seen as growth niche for Philippine developers

PROPERTY CONSULTANTS said residential oversupply could push more Philippine developers to pursue luxury hospitality projects.

Avida says 93% of Serin East Tagaytay units sold

AVIDA LAND Corp., the mid-income residential brand of property giant Ayala Land, Inc. (ALI), said it has sold 93% of the units in Serin...

Wider recovery signals new phase for PHL office market — Colliers

AFTER YEARS of turbulence, the Philippine office market is finally gaining ground. The first half of 2025 shows clear signs of a sector that is not only recovering, but recalibrating.

DMCI pushes phase 2 of Mulberry Place with P752-M investment

DMCI HOMES, INC. is allocating P752 million for the second phase of its Mulberry Place residential project in Taguig City, covering the construction of...

South Palms MGallery opens as first five-star hotel in Panglao Shores

PANGLAO, BOHOL — South Palms Resort & Spa Panglao – MGallery Collection has opened as the first five-star hotel in the 50-hectare Panglao Shores estate, aiming to position Bohol as a premier luxury destination with designs rooted in local culture and nature.

Accor to revive Sofitel presence in PHL with Cebu opening

ACCOR GROUP is set to open Sofitel Cebu City by late 2026 or early 2027, marking the return of the Sofitel brand to the...

Metro Manila condo vacancy may drop in 2026

By Joey Roi Bondoc
METRO MANILA’S residential market continues to experience dampened take-up for mid-income condominium projects (priced from P3.2 million to P12 million per unit). This has...

Retail group says tech shift won’t end Filipinos’ love for malls

THE PHILIPPINE Retailers Association (PRA) said the rise of artificial intelligence (AI) in retail will not lead to the decline of brick-and-mortar stores, countering...

Aboitiz group targets early 2027 for LIMA expansion

ABOITIZ CONSTRUCTION, Inc., the Aboitiz group’s construction arm, said it expects to complete the fourth phase of its LIMA Estate expansion in Batangas within...

Metro Manila office vacancy seen below 10% by 2028

METRO MANILA’S office vacancy rate is projected to drop below 10% by 2028, fueled by the steady expansion of the information technology and business process management (IT-BPM) sector, according to real estate services firm CBRE.