Property
PSALM opens Diliman property bidding at P11B minimum to cut debt
The Power Sector Assets and Liabilities Management Corp. (PSALM) has launched the public bidding for its prime Diliman property, carrying a minimum bid price of P11.09 billion, as part of its ongoing asset sale program designed to settle outstanding government power sector debts.
DMCI Homes to boost San Juan, Batangas tourism, corporate events with Solmera Beach Resort
DMCI Homes Inc., the property development arm of the Consunji Group, announced Wednesday its Solmera Beach Park Resort is set to drive tourism growth and establish San Juan, Batangas as a leading destination for both leisure travelers and corporate gatherings.
Megaworld targets 12,000 hotel rooms by 2032
Megaworld is accelerating its hospitality expansion, targeting nearly 12,000 hotel rooms by 2032 as it moves deeper into some of the Philippines’ fastest-growing tourism destinations, including Palawan and Ilocos Norte.
SM Prime expands three regional malls in 2026
SM Prime Holdings Inc. is expanding three malls in Iloilo, Batangas, and Naga, adding about 70,000 square meters of gross floor area to its regional retail portfolio in the fourth quarter of 2026.
DHSUD puts homeowners’ bylaw deadline on hold
The Department of Human Settlements and Urban Development has indefinitely suspended the deadline for homeowners’ associations to amend their bylaws, giving organizations more time as the government reviews rules governing the sector.
