Property

The Department of Human Settlements and Urban Development (DHSUD) said at least 10 additional rental housing projects are set to be launched in the first quarter of 2026, reinforcing rental housing as a core modality under the Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, according to the agency’s yearend report.

The Department of Human Settlements and Urban Development is weighing a joint policy study with the Department of Trade and Industry’s Board of Investments to determine whether economic housing can be classified as corporate income tax-exempt mass housing under Batas Pambansa Bilang 220.

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 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 Land Corp., led by the Lopez group, has acquired a majority controlling stake in Alabang Town Center (ATC) for P21.6 billion.