EnglishProperty
CLI Set to Unveil 2 New Exciting Projects!
Cebu Landmasters, Inc. (CLI), a trailblazer in Philippine real estate, is gearing up to launch two highly anticipated projects before the year ends: The North Grove at Pristina Town in Cebu and Manresa Town in Cagayan de Oro City. These developments emphasize CLI’s unwavering commitment to creating vibrant, sustainable communities in key locations across the […]
Ayala Gains Stake in Cebu Development Firm
Ayala Corporation has made headlines in the Philippine real estate sector by acquiring a well-known Cebu-based developer after the successful approval of Aboitiz InfraCapital's stake buyout. This strategic acquisition enhances Ayala's presence in the fast-growing Visayas region and aligns with its mission to foster sustainable urban development across the Philippines. The move comes as the […]
Primeworld Enclave Phase 2 Construction Begins
Primeworld Land Holdings has officially launched Phase 2 of Primeworld Enclave, an affordable housing development situated within a gated subdivision in Bulacan. This expansion comes in response to the overwhelmingly positive feedback received from the first phase of the project. In her keynote address, Celine Co, the Business Development Lead, emphasized Primeworld Land’s vision of […]
Paseo Grove Tower 2 Topping Off Ceremony
Priland Development Corporation marked a significant milestone in its ambitious Paseo Grove Tower 2 project with a topping-off ceremony in Lapu-Lapu City. The topping off of Tower 2 represents a big milestone in the ongoing construction of the entire Paseo Grove project, which is envisioned to comprise six towers in total. As the developers continue […]
Shang Properties Launch It's First High-end Condo in Cebu City- The Shang Bauhinia Residences
Shang Properties Inc., renowned for its high-end developments such as the iconic Shangri-La, has officially launched its inaugural project in Cebu—the Shang Bauhinia Residences. Located in the heart of Cebu, Shang Bauhinia Residences boasts a prime location strategically positioned near major business hubs. The project is just minutes away from Cebu IT Park and adjacent […]
GDP Growth reached 6.3% in the 2Q of 2024
In the second quarter of 2024, the Philippines' GDP growth rate reached 6.3%. This represents a significant increase compared to the 4.3% growth rate in the same period of the previous year, positioning the country as one of the top-performing major emerging economies in Asia. The primary driver of this high growth rate was public […]
Overview of the Metro Cebu Expressway
The Metro Cebu Expressway is a vital infrastructure project designed to address and alleviate the pervasive traffic congestion in Metro Cebu. Spanning approximately 56.9 kilometers, this high-standard arterial toll road will extend from Naga City in the south to Danao City in the north, effectively connecting major transport routes across the region. Purpose and Benefits […]
Skyway Construction in Lapu-Lapu City to Begin Soon
The development of Lapu-Lapu Expressway (LLEX) is set to start before long to diminish travel time to the Mactan-Cebu International Airport (MCIA). The steamed leader of Lapu-Lapu City detailed this in the midst of the Tourism Talk event on July 11, 2024. A memorandum of understanding will be signed with Premium Megastructures Inc. (PMI) and […]
Economic Growth Outlook for 2024-2028
At the 188th Development Budget Coordination Committee (DBCC) meeting, the economic growth forecasts for 2024 to 2028 were announced. GDP Growth Assumptions (2024-2028) Year 2024 : 6.0% - 7.0%Year 2025 : 6.5% - 7.5%Year 2026 to 2028 : 6.5% - 8.0% To achieve these goals, the government has outlined various measures including "sustaining government efforts […]
SM City Cebu Unveils Unique Development
Cebu City, Philippines – SM City Cebu has made a breakthrough decision by unveiling a one-of-a-kind and distinct addition to its ever-growing complex. The latest development includes a nine-floor-level parking building that will also be the site of the National University (NU) campus in Cebu. In this new construction, the sixth to ninth stories will […]