Camella has chosen to build an expansive, 11-hectare development in Barangay Joyao-Joyao in Numancia, right at the heart of bustling Metro Kalibo, Aklan’s capital.
Italian-inspired, the community is built on a circular master plan that radiates from a beautifully landscaped rotunda. The tree-lined avenue that stems from the securely-guarded, and welcoming entrance leads one to a collection of homes in the gentle colors of Mediterranean earth, seashells and sunlight.
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Czeriza Valencia (The Philippine Star)
MANILA, Philippines — Construction works continue to build up this year, growing 1.1 percent in the third quarter as more non-residential buildings broke ground during the period, data from the Philippine Statistics Authority (PSA) showed. Based on PSA’s Third Quarter 2017 Construction Statistics from Approved Building Permits report, the total number of constructions generated from approved building permits went up to 36,076 in July to September, from 35,684 construction projects registered during the same quarter in 2016. Mary Ann Ll. Reyes (The Philippine Star)
Exciting developments for the island of Boracay. It will be recalled in 2011, the Alliance Global Group, Inc. (AGI) of business tycoon Andrew Tan acquired for P5 billion a majority stake in Sobrepeña-led Fil-Estate Land Inc. That same year, AGI relaunched Fil-Estate Land as Global-Estate Resorts Inc. (GERI) to engage in the development of integrated tourism estates. In 2014, GERI was consolidated under Megaworld Corp. when the latter acquired AGI’s stake in GERI. According to information from the PSE website, GERI has a diversified portfolio of integrated projects. By: Doris Dumlao-Abadilla - Reporter
A consortium led by property developer Double Dragon Properties Corp. has broken ground in Boracay Island for what will soon be the biggest hotel in the Philippines in terms of room count: a 1,001-room “eco-friendly” beachfront hotel under homegrown Hotel 101 brand. Hotel 101 Resort-Boracay – the fourth development under Hotel 101 brand – will rise on a two-hectare beachfront cove of Boracay Newcoast, a 150-hectare tourism estate of Megaworld Corp.’s leisure estate subsidiary Global-Estate Resorts Inc. MANILA, Philippines – The "biggest" hotel in the country is set to rise in the tourist destination of Boracay Island.
"The Hotel101 Resort-Boracay will soon rise on the beachfront of Boracay Newcoast featuring 1,001 rooms and is expected to become the biggest hotel in the Philippines in terms of room count," DoubleDragon Properties Corporation said in a disclosure to the Philippine Stock Exchange (PSE) on Thursday, February 1. By: Security Bank Team
The Philippine real estate market is projected to soar higher this year. Developers remain optimistic that a continuous incline in saving and income–especially in the middle class–will stimulate demand for townhouses and condos. Homebuyers, on the other hand, can expect more competitive prices for properties as developers scramble to get a bigger piece of the pie. By: Jun Aguirre
Malay Mayor Ciceron Cawaling on Wednesday officially signed a memorandum of agreement (MOA) with Urban Planner Arch. Felino Palafox. Jimmy Maming, newly designated information officer of Cawaling, said the MOA is meant for the seven-month formulation of the Master Development Plan for this island. By: Jun Aguirre
The Aklan provincial government is anticipating at least 48 cruise-ship arrivals this year. Niven Maquirang, jetty port administrator, said this is the biggest number of port calls for cruise-ships visiting Boracay compared to the past several years. Last year at least 12 cruise ships were expected to visit the island. |