Property
DMCI Homes hits P4.9B sales milestone at Moncello Crest
DMCI Homes Inc., the property development arm of DMCI Holdings Inc., has posted a major sales milestone with nearly P4.9 billion in reservation sales from its Moncello Crest project in Tuba, Benguet.
Hotel101, Horizon in 10,000 Saudi hotel room development deal valued at USD2.5B
Hotel101 Global, the hotel development unit of listed DoubleDragon Corp., said it entered the Saudi Arabian market through a landmark joint venture with Horizon Group that aims to develop of 10,000 standardized hotel rooms valued at approximately USD2.5 billion.
FPIP tops off first commercial hub in Batangas
First Philippine Industrial Park (FPIP), a key PEZA-registered economic zone in Batangas, marked a significant step into commercial property development with the topping off of its upcoming FPIP Plaza, a 15,000-square meter commercial hub set to rise at the main entrance of the park.
High interest rates hit DMCI sales, push strategic pivot
DMCI Homes Inc., the property development unit of DMCI Holdings Inc., is seeing a marked increase in unsold condominium units due to a surge in buyer cancellations, prompting a strategic shift toward ready-for-occupancy (RFO) and rent-to-own offerings.
New Ayala Land hub in Cavite reports swift uptake on launch day
Ayala Land Inc. on Tuesday reported that Southmont Central, the newly launched commercial hub within the Southmont estate in Cavite, achieved a 43 percent sell-through rate on its first day of sale, underscoring robust investor confidence in the area’s growth potential.
