Indonesia to introduce new tax breaks on property
JAKARTA — Indonesia will introduce new tax breaks on property and automotive sales this year in a bid to accelerate its economic recovery from the coronavirus disease 2019 (COVID-19) pandemic as authorities prepare for the spread of the Omicron variant, top officials said on Sunday.
Sta. Lucia Land eyes more acquisitions, joint ventures
STA. LUCIA LAND, Inc. (SLI) is planning to boost its landbank through new acquisitions and joint ventures that would support expansion.
DMCI Homes completes Oak Harbor Residences
DMCI PROJECT DEVELOPERS, Inc. (DMCI Homes) completed in December the first project of its premium brand, DMCI Homes Exclusive, in Parañaque City.
Federal Land continues to invest in Manila Bay area
FEDERAL LAND, Inc. continues to invest in the Manila Bay area with several developments aimed at boosting economic activity as the economy starts to recover.
Brick-and-mortar shops to stay relevant despite shift to digital
BRICK-AND-MORTAR stores are expected to remain relevant to the consumers’ shopping experience despite the ongoing digital shift brought about by the pandemic, property services firms said.
Italian gov’t urged to block sale of $533-M villa with Caravaggio mural
ITALY’S government is under pressure to block the sale of a 16th century Roman villa that comes complete with a Caravaggio.
Ayala Malls eyes more EV charging and transport systems
AYALA MALLS is planning to launch more electric vehicle (EV) charging and transport systems in its malls in Metro Manila.
Aguilar takes helm of Bria Homes
BRIA HOMES welcomed the new year with a new president and chief operating officer, Eduardo T. Aguilar.
BPOs seen to drive office space demand
OUTSOURCING FIRMS, e-commerce companies and data centers are expected to fuel demand for office spaces in the Philippines this year.
New York real estate icons struggle as Omicron surges
This was supposed to be the year New York City restaurants, bars and hotels started to recover from the pain of the COVID-19 pandemic. Now, as the Omicron variant forces flight cancellations and shutters Broadway shows once more, the timeline for a broader industry comeback is again in question.
Singapore home prices surge to highest in more than a decade
SINGAPORE home prices rose in the fourth quarter at the fastest pace in more than a decade, the latest marker of a surge that prompted the government to introduce cooling measures last month.
Davao condominium market remains upbeat
DAVAO CITY — Camella Northpoint, one of the projects here of Villar-led Vista Land & Lifescapes, Inc., continues to be bullish on the condominium market as it recently turned over units in its 5th building.