The number of building permits issued in Feburary declined from the year-earlier period but the size of the real estate developments and their total value surged, data from the Philippine Statistics Authority showed, suggesting strong growth for the construction and property sectors in the months ahead.
Cebu Landmasters Inc., a listed property developer whose home market is the Visayas and Mindanao, said it recently secured its first international partnership through a joint venture with Japan-based NTT UD Asia Pte. Ltd., a subsidiary of NTT Urban Development Corp.
Residential real estate prices of various types of new housing units in the Philippines continued to increase in 4Q 2023, rising by 6.5 percent year-on-year, albeit lower than the 12.9 percent growth in 3Q 2023. Quarter-on-quarter, the index contracted by 3.6 percent, which is a reversal of the 3.4 percent growth registered in 3Q 2023.
SM’s commitment to gender equality and an inclusive workforce has been at the forefront of its sustainability agenda guided by its Equal Opportunity Policy.
The...