Former Finance Secretary Carlos “Sonny” G. Dominguez has joined the board of property giant Megaworld Corp. as lead independent director, bringing more than four decades of experience spanning government, finance, and corporate leadership.
Torre Lorenzo Development Corp. is expanding its residential portfolio around major universities, betting on a persistent shortage of purpose-built student housing despite sustained demand from renters and property investors.
DMCI Project Developers Inc., the real estate arm of Consunji-led DMCI Holdings Inc., is rolling out its first socialized housing project to comply with national regulations requiring real estate developers to provide affordable homes for the public.
The Land Registration Authority (LRA) is pushing toward a fully digital land titling and registration system that could cut transaction delays, lower costs, and strengthen safeguards against fake and overlapping titles.
Housing regulations designed to speed up project development may instead squeeze developers’ cash flow and further slow housing production, according to Chamber of Real Estate and Builders’ Associations (CREBA) National Chairman Noel Cariño.