Property

Construction activity in the Philippines continued to weaken in November 2025, with approved building permits pointing to a sustained slowdown as developers adopt a more cautious stance. 

Megawide Construction Corp. will expand its precast construction facilities to support new affordable housing projects under a partnership with the Home Development Mutual Fund (Pag-IBIG Fund).

Century Properties Group Inc. said it has received a pre-effective letter from the Securities and Exchange Commission (SEC) favorably considering the company’s shelf registration of debt securities worth up to P12 billion, a key step toward tapping the domestic bond market.

The Bases Conversion and Development Authority (BCDA) has extended the interim operations and maintenance (O&M) contract for John Hay Golf by another year, postponing the bidding for a long-term operator as it reassesses the course’s future management model.

Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.