AyalaLand Logistics Holdings Corp. reported that its commercial stocks in Metro Manila reached Php 346 million in the 1st Quarter of 2019 compared from 2018’s Php 70 million. It was stated that their commercial revenues rose by 30%. AyalaLand expected this to continue annually. A similar scenario is reported at Cosco Capital, who reported that…
EDUCATION: BS Major in Computer Science (University of Makati) CONTACT: michelle@housinginteractive.com MN: +63 9175954161 “No Pain, no Gain”, these are the words that Michelle Casas always holds on to every time she encounters a minor setback in her professional career as a broker With more than 15 years of experience under her belt, Michelle strives to…
The Colliers International Philippines forecasted that the residential stocks in Metro Manila will grow from 0.4% to 0.8% as of the 2nd Quarter of 2019, thanks to the mid-income price drop of residential projects- ranging from Php 1.7 million to Php 6 million. The residential property market saw the completion of 125,150 units of Metro…
Philibert Challan Belval, founder/CEO and general manager of Asia Relocation, smiles from behind his motorcycle helmet. Deep-set eyes twinkle through the visor. The tall Frenchman atop his black scooter is an incongruent sight on the humble streets of Guadalupe Viejo, but he doesn’t seem to mind being the only expatriate in the immediate radius. Phil,…
Consistent Increase Of Housing Costs Residential real estate prices of Metro Manila continued to grow this first quarter of 2019 as Bangko Sentral ng Pilipinas (BSP) increased the interest rates in order to ease inflation across the country. The BSP reported that Metro Manila was accounted for 49.5% of the total Real Estate Loans followed…
Staying Robust In The Second Half of 2019 JLL reported that commercial real estates (CRE) in Metro Manila greatly increased compared to 2019’s first half. It developed a total of 8.1 million square meters. The majority of the developments are located in Taguig and Makati City. Offshoring and Outsourcing (O&O) firms are the top occupiers,…