Property
Home price growth cools in Q3, signaling softer housing demand
Residential property prices in the Philippines rose at a much slower pace in the third quarter, pointing to easing demand and more cautious activity in the housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).
LFM buys Makati land for P1.1 billion
LFM Properties Corp. said it has bought a 918-square meter parcel of land in Salcedo Village, Makati, for P1.1 billion, excluding value-added tax.
Rockwell buys majority stake in Alabang Town Center for P21.6 billion
Rockwell Land Corp., led by the Lopez group, has acquired a majority controlling stake in Alabang Town Center (ATC) for P21.6 billion.
Megaworld raises P1.86B from stakes sale
Megaworld Corp. cashed in on two portfolio investments, raising a combined P1.86 billion and boosting fresh capital for the listed property arm of billionaire Andrew Tan.
DM Wenceslao tower gains PEZA status
DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.
