THE World Bank is urging the national government to “carefully monitor” the real-estate industry as the country’s real-estate market may be showing signs of oversupply, which could jack up vacancy rates and mute rental growth starting this year until 2014. Read the rest of this entry »
Real-estate industry showing signs of oversupply; ‘careful monitoring’ needed
March 27, 2012
Property market monitored
February 6, 2012
The Bangko Sentral has not detected signs of asset price bubbles yet, but is closely watching the housing market, which could become a source of concern. Read the rest of this entry »
Condo demand slackening
October 24, 2011
THE residential condo market in the key districts of Metro Manila is exhibiting sideways demand amid a backdrop of increasing supply and a weakening economy, according to an industry report presented last week by Jones Lang LaSalle Leechiu at a housing finance forum organized by Home Guaranty Corp. Read the rest of this entry »
Manila ranked worst property investment site in Asia
September 14, 2011
Foreign investors looking to invest in real estate-related businesses have ranked Manila as their last choice among various key cities in the Asia-Pacific. Read the rest of this entry »
Regional investors show interest in Phl real estate opportunities
August 22, 2011
MANILA, Philippines – The dramatic expansion of both the office sector and shopping and mixed-use developments in the Philippines in the last decade has attracted the interest of key investors attending a recent Asia Pacific Real Estate Association (APREA) Singapore chapter meeting in the island state. Read the rest of this entry »
Reit firms must allot 90% of earnings
July 27, 2011
The Bureau of Internal Revenue has required companies planning to list their shares through the Real Estate Investment Trust Act to distribute at least 90 percent of their respective earnings to shareholders before they could enjoy tax perks from the law. Read the rest of this entry »
Real estate bulls predicting demand to exceed 2007 peak
June 30, 2011
THE property sector could grow by 5 and up to 15 percent this year, driven by the increasing demand for office, residential and commercial space, real estate consultant CB Richard Ellis chairman Rick Santos said Wednesday
The office space take-up this year might exceed the record 300,000 units posted in 2007, he said. Read the rest of this entry »
Office space take-up seen to rise
June 16, 2011
TAKE-UP of office spaces continues to rise, underscoring the bullish outlook of multinational firms in the Philippines, according to data released by a real estate consultancy firm. Read the rest of this entry »
Regulator issues compromise rules on REIT
May 2, 2011
THE implementation of the Real Estate Investment Trust (REIT) Act received a major boost after the corporate regulator amended certain provisions of its implementing rules and regulations, including the increase in the minimum public ownership requirement. Read the rest of this entry »
Property sector takes high road despite looming rate hike
February 15, 2011
A LOOMING interest rate hike brought on by higher inflation is threatening to cut short the bull run in the Philippine property sector. Read the rest of this entry »
