By: Tessa Prieto-Valdes - Columnist / @Inq_Lifestyle Philippine Daily Inquirer
Since the ’90s, renowned architect and urban planner Felino A. Palafox Jr. has been putting forward several recommendations for Boracay Island based on studies and global best practices.
Among the recommendations he submitted to the Philippine Tourism Authority was to enhance connectivity from mainland Malay, Boracay Island, and Carabao Island through cable cars, to balance development across these areas. In these previous studies, the strengths, weaknesses, opportunities and threats were identified, and that with the “do-nothing” scenario, Boracay Island would deteriorate.
The Season’s Sizzling To-do List Needs to Have These Items, Too
By Joyce Reyes-Aguila
Summer is undoubtedly the best season to get things done and fixed at home. Households have budgetary breathing space as the scholars are already on school break. Science also tells us that we have longer days during summer – and more hours of illumination mean we can accomplish more tasks, particularly outdoor ones.
Nestled in a quiet residential neighborhood in Barangay Rosario, Pasig City, DMCI Homes’ Levina Place effortlessly radiates a feeling of warmth and intimacy that attracts young families to the mid-rise community.
Surrounded with lush greenery, pocket parks, and invigorating water features, Levina Place suitably complements the homey atmosphere in the long-established family residential community in the thriving Pasig district.
Manila Bulletin By James Loyola
Megaworld Corporation, the country’s largest developer of integrated urban townships, grew its net income by 13.4 percent to P13.3 billion in 2017 from P11.7 billion in the previous year.
In a disclosure to the Philippine Stock Exchange, the firm said 2017 earnings included non-recurring gains of P113 million while 2016 figures included a non-recurring gain of R82 million.
DMCI Homes’ The Celandine residential condominium development in A. Bonifacio Avenue, Balintawak, Quezon City has been enjoying brisk sales in recent months amidst flourishing trade and ongoing infrastructure projects in the area.
Properties in Balintawak have been an attractive investment vehicle owing to the ongoing urban redevelopment in the Cloverleaf interchange area and the upcoming completion of the Skyway extension project which is anticipated to cut travel time to Gil Puyat Avenue in Makati from 2 hours to less than 30 minutes.
By: Doris Dumlao-Abadilla - Reporter / @philbizwatcher Philippine Daily Inquirer
Tycoon Andrew Tan-led Megaworld Corp. seeks to “future-proof” its property developments across the country by incorporating digital technology, design innovations and connectivity into its townships.
“We have assigned teams to study how we can seamlessly integrate smart technology and innovations into our townships. In this fast-changing digital world, we see the importance of aligning our developments to quickly adapt to the disruptions, which we perceive as opportunities,” Megaworld senior vice president Kevin Tan said in a press statement.
Around 2,300 residential units from five condominium developments in its three Fort townships worth P30-billion will be turned over to owners within the year. These include: The Florence Tower 1, Viceroy East Tower and The Venice – Giovanni Tower in McKinley Hill; St. Moritz Private Estate in McKinley West; One Uptown Residence and Uptown Ritz in Uptown Bonifacio.
Global-Estate Resorts, Inc. (GERI), Megaworld’s integrated tourism and leisure brand, continuously soared its net income to record high as it grew 45% to P1.6-billion (inclusive of P113-million non-recurring gain) last year from P1.1-billion (inclusive of P82.5-million non-recurring gain) in 2016. The company’s net income attributable to parent on the other hand reached P1.5-billion in 2017, up 56% from the previous year’s P966-million. GERI’s growing number of tourism estates and integrated lifestyle communities backed by expansive land bank have been the company’s backbone for growth since it was consolidated into the Megaworld Group in 2014.
(The Philippine Star)
MANILA, Philippines — Manila’s most fashionable hangout, Power Plant Mall, not only offers a leisurely experience for diners and fashion seekers, but also for discerning property owners looking for a unique home that speaks of exclusivity and the high life.
Entering the new lounge of The Arton at the mall’s brand-new wing, one already gets an idea on how to liven up a small space and infuse a young, cozy and elegant vibe.
(The Philippine Star)
MANILA, Philippines — The Philippine property sector is seen topping its stellar performance last year to remain as a leading real estate market in the region this 2018.
Property consultancy firm Santos Knight Frank (SKF) said it expects even greater movement this year across key local real estate markets as investor confidence in the Philippines remains high and the government’s infrastructure expansion and fiscal reforms go into full swing.