The Philippine Competition Commission (PCC) has approved the entry of Singapore-based NTT UD Asia Pte. Ltd. into Cebu Landmasters Inc.’s Luzon expansion vehicle, clearing the way for the foreign developer to acquire a 40-percent stake in CLI Luzon.
Avida Land Inc., a subsidiary of Ayala Land Inc., will spend P3.1 billion to develop The Heights Katipunan, a condominium project aimed mainly at students and investors, in Quezon City. The project will rise on a 1,833-square-meter site along Katipunan Avenue, near Ateneo de Manila University and Miriam College.
Bonifacio Global City (BGC) is set for its first sweeping land-use overhaul in more than two decades, as state developer Bases Conversion and Development Authority (BCDA) launches a new master development plan to recalibrate growth in the Philippines’ premier central business district.
As artificial intelligence reshapes daily life, Megaworld is rolling out AI-powered homes in the Philippines, offering developments that are intuitive, responsive, and aligned with modern lifestyles.