Global-Estate Resorts Inc., a unit of Andrew Tan’s Megaworld Corp., is setting aside P5 billion over 10 years to develop a 150-hectare beachside property in Lian, Batangas.
Artificial intelligence technologies are about to reshape the Philippine real estate sector, potentially helping realtors, property managers and other practitioners improve efficiency and productivity, a new article from diversified professional services and investment management company Colliers said.
Megaworld Corp. is building a modern museum inside the 30-hectare Mactan Newtown property in Lapu-Lapu City, Cebu as an ode to the island’s cultural pride and historical significance.
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.