residential - updates

Rappler's latest stories on residential


Housing prices rise by 2.1% in Q1 2018

Jul 01, 2018 - 7:00 PM

In the 1st quarter of 2018, there was a 13.8% increase in the prices of townhouses and a 2% increase in the prices of condominium units, says the Bangko Sentral ng Pilipinas

Megaworld to build P8-billion estate along Lake Caliraya in Laguna

Dec 11, 2017 - 2:35 PM

The Hamptons Caliraya will be a 300-hectare development featuring lakeside residential villages and villas, a town center, two 18-hole golf courses, and a clubhouse, all set to rise over the next 10 years

Housing prices outside Metro Manila still rising

Apr 02, 2017 - 11:30 PM

Condominium units are the most commonly purchased in the National Capital Region while single detached houses are dominant in the provinces

PH housing prices continue rising – BSP

Oct 16, 2016 - 9:01 PM

The Bangko Sentral ng Pilipinas’ quarterly report on the housing market shows a spike in prices driven by demand for housing units outside the national capital region

1st drug rehab center opens at Army camp in Agusan del Sur

Sep 24, 2016 - 8:30 AM

The Residential Treatment and Rehabilitation Center can accommodate 60 patients at a time and shall be managed by the provincial government of Agusan del Sur

 Photos courtesy of Colonel Cristobal Zaragoza and the 401st IB

What's a day like inside a private drug rehab center?

Sep 10, 2016 - 8:50 AM

The Bridges of Hope rehabilitation center tries to simulate a structured life for its residents

Megaworld to complete Visayas BPO Triangle by 2019

Aug 04, 2016 - 7:05 PM

The Visayas BPO Triangle will have 175 000 square meters of office space located in Iloilo Cebu and Bacolod

JOB-GENERATING DEVELOPMENT. Once completed, Megaworld expects to generate around 50,000 full?time direct jobs in the BPO sector in Visayas

Housing prices rise by 9.7% in NCR, 9.4% outside NCR – BSP

Jun 06, 2016 - 1:00 PM

Condo units the most common housing purchase in the National Capital Region post the highest year on year growth in prices

Firefighters confront Manila blaze

Mar 01, 2016 - 9:39 PM

The fire occurs on the first day of Fire Prevention month

Photo by Ben Nabong/ Rappler

Bacolod City fire guts 153 houses

Mar 01, 2016 - 7:13 PM

About 134 houses were destroyed with 19 others damaged by the fire The fire also left more than P700 000 worth of damage

Banks' exposure to real estate rises by 6.8% – BSP

Feb 28, 2016 - 10:07 PM

BSP data show that loans by banks reached P1 4 trillion 294 6 billion as of the end of the second quarter of 2015

 The coninuing decrease in non-performing real estate loans is a postive sign for Philippine real estate. Photo by Rappler/John Javellana

Stress tests show no real estate bubble in PH – BSP

Jan 11, 2016 - 6:06 PM

“At this point we don’t see any signs of stress in the real estate sector ” says BSP Deputy Governor Guinigundo

NO BUBBLE YET. The initial results of the real estate stress tests conducted by banks show the capital adequacy ratio (CAR) of banks would remain above the central bank requirement even, if 25% of their real estate loan portfolio turns sour, BSP deputy governor Diwa Guinigundo says.

BSP to require banks to submit data on real estate loans

Nov 26, 2015 - 5:25 PM

The data would be used to establish an index designed to help prevent a housing bubble in the property sector

PREVENTIVE MEASURE. BSP officials earlier says that at present they do not believe there is a housing bubble and the creation of Residential Real Estate Price Index is just one more measure to prevent it. File image from Shutterstock

Consumer loans jump to P959.2B in June

Nov 02, 2015 - 6:38 PM

As a percentage of total loan portfolio the 16 7 consumer credit exposure of Philippine banks remains the lowest among ASEAN countries says BSP

MONITORED. BSP says it monitors the level and quality of consumer and other bank loans to ensure their adherence to high credit standards.

No asset bubble in PH, BSP says

Oct 21, 2015 - 7:16 PM

UPDATED The increase in property prices and the growth in the sector has essentially been demand driven BSP Governor Amando Tetangco Jr says

NO BUBBLE. “Right now, we believe that there is no asset bubble in the property sector," BSP Governor Amando Tetangco Jr. tells participants of the 2015 Public Governance Forum (which concluded Wednesday, October 21). File image from Shutterstock

Ayala Land reduces spending for 2015

Sep 17, 2015 - 7:25 PM

The Ayala led property firm aims to keep its debts at certain levels and prioritize its needs versus wants its CFO says

PRIORITIZATION. Ayala Land (ALI) will prioritize its spending since it has made significant land acquisitions over the past years, ALI Chief Finance Officer Jaime Ysmael says.

BSP to release new real estate price index before end 2015

Sep 03, 2015 - 7:00 PM

The index is meant to aid the BSP in monitoring property prices in Metro Manila and nearby provinces

REAL ESTATE PRICE INDEX. As early as 2014, the BSP was contemplating on launching the index that would track property prices in Metro Manila and nearby provinces.

Consumer loans up to P932.78 billion

Sep 01, 2015 - 6:11 PM

The 27 jump sustains the quarter on quarter growth in commercial loans that began in 2008

Ayala Land's H1 net income rises 19%

Aug 07, 2015 - 3:52 PM

ALI president and CEO Bernard Vincent Dy says building large scale mixed use developments strategically located in the country’s emerging growth centers will continue to be ALI s focus

Ayala Land offers 'personal space' in Balintawak property dev’t

Jul 16, 2015 - 3:24 PM

Millennials early nesters or startup families the Chinese community and residents of Quezon City and CAMANAVA are the target market of Avida Towers Cloverleaf

Meralco consumers furious over bill deposit update

Jun 27, 2015 - 4:45 PM

Consumers who will get a refund are those who pay bills religiously for 3 consecutive years Meralco Spokesperson Joe Zaldarriaga says

FURIOUS CONSUMERS. Several Meralco consumers expressed fury on social media because of the bill deposit update notice shown in their latest electricity bills

Eton Properties to spend P28 billion over the next 5 years

May 30, 2015 - 12:00 PM

The property arm of the group of businesses controlled by billionaire Lucio Tan is set to develop and introduce a number of commercial and residential projects over the next 5 years

GAME FACE. Lucio Tan's property unit raises capital expenditures to P9 billion ($202.03 million) in 2015, from last year's P4.3 billion ($96.53 million). File photo by AFP

Former Israel PM Olmert convicted of bribery

Mar 31, 2014 - 9:55 PM

Ehud Olmert was found guilty of bribery linked to a Jerusalem property development making him the first former Israel premier to be convicted of the offense; commentators said it was possible Olmert could face a jail term

CONVICTED. Former Israeli prime minister Ehud Olmert was found guilty on two counts of bribery by a Tel Aviv court on Monday, March 31, 2014. File photo by Gali Tibbon/AFP

JPMorgan agrees to record $13-B deal for mortgage misdeeds

Nov 20, 2013 - 6:49 AM

The deal includes 9 billion in payments to authorities and 4 billion in relief to consumers – mainly homeowners

People walk by JP Morgan Chase & Company headquarters in New York in this file photo. JPMorgan Chase has agreed to a $13 billion deal to settle complaints over mortgages and mortgage securities by the US government and several states, the New York attorney general said November 19, 2013. AFP PHOTO/Emmanuel Dunand

Sy-led property firms to delist on Nov 5

Oct 18, 2013 - 3:57 PM

Shares of luxury developer Highlands Prime Inc and residential property unit SM Development Corporation SMDC will no longer be traded in November

Ayala Land to accelerate capital spending

Aug 12, 2013 - 1:15 PM

Ayala Land CFO Jaime Ysmael says the company wants to take advantage of the strong demand for real estate amid a favorable economic environment

Serendra blast affects real estate in short-term — analysts

Jun 04, 2013 - 10:18 AM

The blast at the Serendra condominium units will only have a short term effect on demand and prices real estate analysts say

SHORT TERM EFFECT ONLY. The blast at Serendra Two units will only have a short term effects on demand and prices. Photo courtesy of Ayala Land

SMDC: The future is bright and modular

Apr 24, 2013 - 10:35 PM

SMDC to launch modular units to give consumers a choice in size of condominiums

NEW PRODUCTS. SMDC looks to launch modular units to offer consumers choice. Henry Sy Jr. sits in the middle. Photo by Aya Lowe

Property developers shore up land bank - CBRE

Jan 25, 2013 - 5:48 PM

Property developers have been looking north of Manila toward the Clark area as well as down south toward Metro Cebu Metro Davao and Cagayan De Oro for land banks

PH property market remains resilient

Nov 28, 2012 - 6:39 PM

The Philippine property market continues to grow steadily in the midst of turbulent economies

Meralco defers bill deposit collection to 2013

Oct 12, 2012 - 6:50 PM

Meralco defers collection of bill deposit payments to January 2013

Ayala Land wins FTI with P24-B bid

Aug 14, 2012 - 2:47 PM

Ayala Land bested 2 other groups vying for the 74 hectare state owned Food Terminal Inc FTI one of the largest industrial complexes in Metro Manila and one of the government s last available assets for sale

Robust home sales lift SM Development's H1 profit by 38%

Aug 01, 2012 - 10:13 AM

The Henry Sy led company continues to enjoy strong demand from the market

Ayala Land Q1 profit up 31%, boosted by residential sales

May 09, 2012 - 3:11 PM

Residential sales accounted for more than half of the company s total revenues

Year of the dragon good for PH real estate

Jan 25, 2012 - 7:19 PM

The year of the dragon could bring good fortune to the Philippine real estate industry