Real Estate Philippines News Blog

Here’s an interesting question: What will happen to Philippine Real Estate after the May 10 elections? The answer: it will depend on how orderly the elections proceed…

(more…)

Last March 26, 2010, the new board members and the chairman of the Soon-to-be-formed Professional Regulatory Board of Real Estate Services were just inducted. This simply means that in near time, the law which requires all Real Estate practitioners and salesmen to have a Professional License (Republic Act 9646, or now more commonly referred to as the Real Estate Service Act or RESA), will soon take effect. All Real Estate Brokers will have to comply with this Real Estate Service Act, whether they like it or not…

(more…)

I read an article recently in Global Property Guide (www.globalpropertyguide.com) about the state of Real Estate Philippines compared with the other property markets in Asia. Fortunately, we’re quite attractive to foreign investors, but not exactly the best. Take a look at the table they have given below…

(more…)

The year 2009 for the Real Estate Philippines industry was much better compared to 2008. In general, most of not all real estate developers saw a recovery on their balance sheets, as the U.S. and the rest of the world slowly gets back up on its feet after taking a big fall in the 2008 global financial crisis. This simply means that people now have more money to spend this year as opposed to last year, so more of us are able to invest in their dream homes.

We must always keep in mind that the Real Estate industry is a CYCLICAL business, meaning that it regularly experiences boom and bust cycles throughout the years and is very much reliant on the income spending power of people at a given time period. You should always observe the market on whether it’s a good time or a bad time to invest in a property. And how will you know? Here are some tips…

(more…)

After Manny Pacquiao‘s historic win in the recent Pacquiao Cotto fight, it seems that our Hero deserves more than just financial rewards and endless praises – a seat to immortality! Still, Pacquiao manages to be humble with all his enormous blessings. He even gave his father a ringside seat, even though he deserted them when Manny was still young to raise another family. Indeed, a true act of heroism for the Pac-man!

There were rumors about San Miguel Beer giving Pacquiao a Dasmarinas Village Makati house as part of their payments for his numerous SMB endorsements, as discussed in the previous blogpost here: http://www.realestatephilippinesblog.com/smb-gives-manny-pacquiao-a-dasmarinas-village-makati-house/. It seems that the truth behind these rumors has finally come out…

(more…)

As we have all seen and felt recently, both Ondoy and Pepeng have taken lots of lives and property while still leaving disease, garbage and wreckage in their tracks. As we still continue to do our part to rise up from these challenges, we must reflect on the hard and valuable lessons that Ondoy and Pepeng have taught us, so we can be prepared the next time storms like these hit us…

Below are some Philippine Property Lessons which you should take note especially after these two storms. It seems that due to Global Warming and Climate Change, more of these abnormal rains will hits us. So in turn, please do feel free to bookmark and share this page to other people as part of our social responsibility to one another:

(more…)

Just when we Filipinos thought that nature’s wrath was over, Typhoon Pepeng came back to devastate Northern Luzon, leaving an even worse mark than Ondoy did just weeks ago. Region 1 and Region 2 of the Philippines were the worst hit, including provinces such as Pangasinan, La Union, Pampanga, Tarlac, the Benguet Province, Cagayan Valley, Nueva Ecjia, Nueva Viscaya, and Ilocos.

Baguio City was one of the worst hit due to massive landslides which killed hundres of people and destroyed so many homes. To show you the aftermath of Typhoon Pepeng here are sample pictures from SM Rosales in Pangasinan, where 90% of the province is flooded (credits to Lindfred Yap): http://www.facebook.com/photo.php?pid=2810663&id=649558796&comments&alert#/album.php?aid=115965&id=649558796

(more…)

Due to the devastation brought about by tropical storm Ondoy, Eton Properties has surveyed the elevation of all their current projects above Mean Sea Level (MSL), and found that all their projects are virtually flood-free properties. This means that you as investors can feel safe, knowing that all Eton Projects will not be affected by any major-level floodings.

MSL is defined as the average height of the seawater surface including all tide levels. Thus, an elevation of 20 meters means the property is 20 meters above the average height of the sea, making it very safe against heavy floods.

As reported in a meeting yesterday with Eton President Danilo Ignacio, all Eton Projects did not encounter any major flooding. Please find below the summary list of the Elevation levels of all our current projects, showing that ALL our projects are above the Mean Sea Level:

(more…)

Indeed, the wrath of Typhoon Ondoy was felt all over the world, especially to us Filipinos. The worst flood and rainfall in 40 years brought about by this unusual storm devastated the lives of over 500,000 Filipinos and ensued property damage of almost P3 billion pesos! Quite a tragedy indeed. For those needing assistance, please visit this link for Emergency Numbers: http://www.realestatephilippinesblog.com/to-those-affected-by-floods-of-typhoon-ondoy-floods/

Since so many of us had our eyes opened by Ondoy, many are now looking for new homes to start with, and now they realize the importance of having an ELEVATED property. The landscape of the Real Estate Philippines World has now changed due to this monster flood: people will now be more conscious of the  property they will be investing in – particularly on whether it’s flood prone or not.

(more…)

To Typhoon Ondoy Victims: Here’s a borrowed article on How to Salvage a Flooded Home.

http://www.associatedcontent.com/article/1668459/how_to_salvage_a_flood_damaged_home.html?cat=6

Here’s another one that’s more applicable to the current Philippine situation (credits to Newsbreak.com.ph) :

http://newsbreak.com.ph/index.php?option=com_content&task=view&id=6888

Please do pass this post around to everyone you know, especially the victims! And may God be with us all…

For people who need assistance for Typhoon Ondoy Floods: National Disaster Coordinating Council (NDCC) Emergency Numbers: 912-5668, 911-1406, 912-2665, 911-5061. Help hotlines: 734-2118, 734-2120. Please repost! Be safe everyone!

Addtl numbers for NDCC: 9414061-65 MMDA: 8820851/136 Meralco: 9416112 MV Numbers: 09178577481; 09172414864; 09276751981

PLEASE REPOST! Sen. Dick Gordon (text FULL ADDRESS for the rescue): 09178997898 or 0938444BOYS Sen. Villar rescue text hotline: 09174226800, 09172414864, 09276751981 Rubber boat requests: 838-3203, 838-3354 Rescue dumptrucks: 0917-422-6800, 0927-675-………1981 Bagyong Ondoy: 734-2118, 734-2120 PAGASA: 433-8526 NDCC: 912-5668, 911-1406, 912-2665, 911-5061 Red Cross: 0938-444-2697 and 0917-899-7898

NCRPO # 838-3854 – those who need rubber boats and trucks

Here are some pictures to show the damage of Typhoon Ondoy Floods so far… Let us pray for everyone’s safety! = http://www.facebook.com/home.php?ref=home#/photo.php?pid=2773760&id=526117143

http://www.facebook.com/home.php?ref=home#/photo.php?pid=9189219&id=731015563

I sure hope our Government does something about our drainage system. And all of us must also help in our own way through donations and continue praying.. Godspeed to Everyone!

Sta Rosa Laguna, dubbed as the next major Central Business District in Luzon outside of Metro Manila, has just hit the Billion Peso Mark in terms of city government revenues. It was published just this August 21 at Inquirer (http://newsinfo.inquirer.net/inquirerheadlines/regions/view/20090821-221294/Sta._Rosa_now_part_of_billionaires%92_club), and it seems to be going full steam ahead with its development as a major city here in the Philippines.

(more…)

In light of the current “Green Revolution” where businessmen have become more environmentally-conscious, the Philippines is now offering “Green Roofs” and “Green Walls“, or environmentally-friendly roofs and walls to contractors and builders. With this new technology, Philippine Real Estate Developers can now contribute to saving our planet by using these non-harmful materials in constructing their buildings and houses.

(more…)

We all know that the Philippine BPO sector is one of the key drivers of our growing economy in the recent years. Despite the global economic downturn, there is still evidence of growth in our local BPO industry. However, for this year of 2009, the construction of Business Process Outsouring office spaces have been trimmed down by half, according to a recent report from local stockbroker Citiseconline and Int’l Property Consultant Jones Lang Lasalle Leechiu.

(more…)

According to an Inquirer Off-the-shelf report (http://business.inquirer.net/money/features/view/20090708-214394/Off-the-shelves-off-the-air),  San Miguel Beer has handsomely paid Boxing Icon Manny Pacquiao for his services in their SMB commercials – with a 3,000 square meter property inside the very prestigious Dasmarinas Village Makati! What interesting gossip indeed!

(more…)

For those of you who have not seen the new San Miguel Beer commercial which features Pinoy boxing icon Manny Pacquiao, Billiards legend Efren “Bata” Reyes, Funny man Michael V. and Matinee idol Derek Ramsay, notice the order of Pacquiao when he orders “Roasted HIGHLAND Legumes” and it turns out to be isang platitong mani (a small plate of peanuts).

Now I don’t know if they put the word HIGHLAND in that commercial on purpose, but we can’t help but speculate again on Manny’s intentions of putting up a ” Manny Pacquiao Highlands” in General Santos, as I have discussed in my recent blogpost at http://www.realestatephilippinesblog.com/manny-pacquiao-highlands-to-be-built-in-general-santos/.

There are no official details or any confirmations yet on whether Manny Pacquiao Highlands will truly arise. But the HIGHLAND hint in this recent San Miguel Beer Commercial should serve as a clue. Maybe “the Pacman” himself wanted the word HIGHLAND there to convey his purposes of going through with this  project, because I don’t think there are “Highland legumes” being served in restaurants right now. Let’s just wait and see if “Manny Pacquiao Highlands” becomes a dream come true…

Recently, pound-for-pound boxing champ and Philippine national sports hero Manny Pacquiao mentioned that he wants to develop a “Pacquiao Highlands” in one of his big properties in General Santos. In other words, he wants to make a high-end leisure type of village there similar to Tagaytay Highlands, probably offering a cool climate, golf courses, log cabins, state-of-the-art clubhouses with complete facilities, and beautiful parks and gardens. This is very interesting and intruiging indeed…

Of course, with the recent Forbes Magazine reports of Manny Pacquiao’s net worth to be at $40 million US dollars (which translates to about P1.92 BILLION pesos), he certainly has the money to do it. However, the more crucial question here is – where will the real estate development expertise come from?

This expertise certainly won’t come from him obviously. If Pacquiao wants to pursue this, he has to partner with leading developers who have great experience in developing Philippine leisure developments, such as Highlands Prime (makers of Tagaytay Highlands), Landco Pacific (makers of Punta Fuego), and Ayala Land (makers of Anvaya Cove). Perhaps the synergy of his widespread ‘popularity, his partner’s property development skills, and their finances combined may prove to be a superior “knock-out combination” :-p

Who among these developers will take up the challenge? And will “Pacquiao Highlands“  be just another fantasy or a become a definite reality? With his numerous business ventures already in place, Let’s see if Pacquiao proves to be enterprising again by pushing through with this grand Philippine leisure project and give the people of General Santos a truly beautiful sight worth seeing and experiencing…