Real Estate Philippines

Ain’t no party like a YStyle Christmas party

MANILA, Philippines - This year, we pulled out all the stops for our guests at our annual Christmas party — or rather, our sponsors did. The soon-to-open Century City Mall in Makati graciously opened their doors for our party, and even provided valet service to all our guests. "We were ecstatic to host the YStyle [...]

By | December 13th, 2013|Uncategorized|

Manila, Jakarta top for residential property in 2014

Southeast Asia’s property markets are poised to see a surge in investment in 2014, according to a survey of 250 regional real еstatе developers and investors conducted by the Urban Land Institute. The 2014 “Emerging Trends in Real Еstatе: Asia-Pacific,” released today in Hong Kong, listed Manila as Asia’s top spot for residential-property development in [...]

By | December 10th, 2013|Uncategorized|

Manila, Jakarta top for residential property in 2014

Southeast Asia’s property markets are poised to see a surge in investment in 2014, according to a survey of 250 regional real еstatе developers and investors conducted by the Urban Land Institute. The 2014 “Emerging Trends in Real Еstatе: Asia-Pacific,” released today in Hong Kong, listed Manila as Asia’s top spot for residential-property development in [...]

By | December 5th, 2013|Philippine Economy & Business|

A tower that unfolds at the top? Only by Daniel Libeskind

When Daniel Libeskind was a boy, he and his family fled Poland and arrived by ship in New York as immigrants. “The first things I saw were the Statue of Liberty and the amazing skyline of Manhattan. I have never forgotten those sights and what they stood for,” Libeskind said in 2003. This skyline would [...]

By | December 2nd, 2013|Uncategorized|

BSP quashes property asset bubble fears

The Bangko Sentral ng Pilipinas sees “no definitive evidence” of an asset price bubble in the Philippine property market, citing strong economic fundamentals and improved monetary conditions supporting actual demand for real еstatе. In a forum organized by The Asset Magazine and Banco de Oro Unibank, property experts, including developers and a global real еstatе [...]

By | November 25th, 2013|Uncategorized|

PHL asset bubble far from happening due to backlogs and demand – industry experts

A popping bubble in property prices is far from happening at this point, because of a huge backlog and a strong demand from both office and residential sectors, industry experts said Wednesday. "I don’t think we'll run out of market for quality shelter in the next 20 years," DMCI Holdings Inc. president Isidro Consunji said [...]

By | November 25th, 2013|Uncategorized|

CPG net income up 12% in 1st 9 mos. of 2013

Century Properties sustained its growth trajectory in the first nine months of the year as net income grew by 12 percent to P1.6 billion from the P1.4 billion posted in the same period last year. Consolidated revenues amounted to P8.1 billion, also a 12 percent increase from the same period last year. Rеal еstatе sales [...]

By | November 18th, 2013|Uncategorized|

Property firm Century Properties net income up 12% to P1.6B

Property developer Century Properties Group's net income for the first nine months of the year grew by 12 percent to P1.6 billion from last year's P1.4 billion, due to sustained real еstatе sales. In a statement, Century Properties said consolidated revenues from January to September 2013 amounted to P8.1 billion, also a 12 percent increase [...]

By | November 18th, 2013|Uncategorized|

Brisk real еstatе sales boost Century Properties’ 3Q profit

MANILA – Century Properties Group Inc registered a double-digit growth in earnings in the third quarter on higher residential sales. In a regulatory filing, the property company of former ambassador Jose EB Antonio booked a net income of P529.6 million in the July to September period, 13 percent higher than the P529.6 million in the [...]

By | November 18th, 2013|Uncategorized|

Century’s net profit rises 12% to P1.6b

Century Properties Group Inc. said over the weekend net income in the first nine months grew 12 percent to P1.6 billion from P1.4 billion year-on-year, on sustained real еstatе sales. Century Properties said in a statement consolidated revenues in the January-September period increased 12 percent to P8.1 billion while real еstatе sales rose 7 percent. [...]

By | November 18th, 2013|Uncategorized|