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Presidential Adviser on Peace Process Secretary Jesus Dureza promised big housing developers in the Philippines that it will be business as usual even if there is a suspension of the peace talks with Muslim separatists. This is what he said during their National Convention in the City of Davao, one of Southern Philippines’ progressive cities. He further added that Mindanao is not going back to war and the the GRP Panel are continuously searching for an amenable agreement for both sides.
Mindanao, being packaged by the Department of Tourism as an agri-industry hub is moving towards a more sustainable development in the island with various choices of upcoming residential areas, not to mention that it is being groomed to become the retirement haven returning Filipinos and retiring foreigners.
Now, because of that, the government is expediting infrastructure projects to further boost Mindanao’s accessibility. The repairs and modernization of airports and other ports of entry in Mindanao took off late 2006 with funding cost of P5.654 billion.
Aside from the considerable marketing and promotions of Mindanao, various projects are currently under way like the Seaweed Industry Project, Energy Programs and the Prioritization of Air Routes.
LOS ANGELES – While conventional wisdom might question the job prospects for graduate students entering the real estate field next spring, opportunities abound for those with the creative thinking and skillful analysis needed to make a deal work in a challenging market, according to Stan Ross, chairman of the board of the University of Southern California Lusk Center for Real Estate.
Continue reading ‘USC Lusk Center for Real Estate Says Current Down Cycle Holds Hope for Real Estate Development Graduate Students’
In the Inland Empire, which has suffered the worst of the housing market meltdown, renters caught a relative break as landlords raised rents at half the pace found in neighboring counties. Although rental rates rose across the Southland, some analysts said they had been expecting to see even higher prices given the housing market meltdown, which turns many potential home buyers into renters.
Continue reading ‘Rents on the rise as home prices slip’
Can this be the good news people are waiting for in the real estate industry, not entirely for non-home spending may be on the move towards the positive side yet like the gains made la month or two ago that showed the same minimal movement, the rest of the economy dragged it into oblivion as quickly as it became news. It seems that the effects of this recession will be around for a long time, longer than anybody expected. Continue reading ‘Development Spending Index on the Move’
As expected and foreseen by experts, the mild gains made by the housing market last month have been everything but permanent as the housing market continues on it’s plunge. Prices have leveled off which may be enough good news to compensate for the many who rely on the business for their income. Experts were right when they met the news with caution and with good reason, too high an expectation may send the market down than up. The figures last month were indeed a simple jump in sales and home prices but they lasted as fast as they came, a few weeks, with the rest Continue reading ‘February Trends False-Positive’
A surprise came this past month when unexpectedly home sales seemed to be leveling off and are showing signs of moderate sales in the positive sign of sales. This is however overshadowed by the rising jobless rate which seems to be placing a damper on any gains the economy is showing. Even with the Federal Government shelling out trillions of dollars, it seems to be doing little to bolster the confidence of consumers to go back into buying. This economic downturn is turning the US into a Thrift Country where everybody is on a savings spree, keeping more cash in their pockets as much as possible. Continue reading ‘February Posts Surprisingly Mild Gains’
Home prices continue to drop even with real estate analysts they have hit rock bottom. This is the emerging trends with concerns to the real estate market and it’s causing more people to lose homes at the same time. The sheer magnitude and length of time it is taking the market to recover is taking it’s toll and not even the federal government’s bailout funds are making enough of a difference to most homeowners. Continue reading ‘January Figures not So Good!’
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A recent survey commissioned by the Brazilian Ministry of Tourism revealed that British buyers made up seven per cent of the overseas spend on residential property, parting with £28 million in 2007. Continue reading ‘Property investors are getting excited about Brazil’
Crown Asia, one of the Philippines leading builders of high quality urban housing communities nationwide for the last decade has announced its expansion both in the Northern and Southern parts of Metro Manila to give more chance to prospective clients to buy their dream home. Their target market are mostly OFW’s (Overseas Foreign Workers), Filipinos who worked abroad for so many years and are looking to purchase property where they can finally retire with their loved ones.
The company’s mission statement focuses on delivering not just projects, but indicators of progress and by improving the standard of life of its target markets, it gives the country the necessary push and motivation for sustainable socio-economic development. Projects underway are found in 3 places, 1 to the North and the remaining two are in the South part of Metro Manila. First is in Antipolo, which is North of Manila where residential properties named Terraces and Woodberry are found. Another project on the works, Valenza, can be found South of Manila, in the province of Laguna and lastly, Amici, Amalfi and Residenza, new neighborhoods set to rise in the seaside province of Cavite, just an hour’s drive from the Philippines Capital.
With these projects, Crown Asia are hoping to deliver high quality properties to both the OFW’s and new families where they can lavish the fruits of their labor, whether here or abroad.
True to their vision, Crown Asia continue to present homes that exhibits designs of long lasting excellence and certified value, raising a balanced, healthy, and a very active community life that fosters ideals among neighbors.
The Damosa Business Center, Anflocor’s pet project is nearly complete. It is situated right beside the existing IT Park in Lanang.
This upcoming commercial building was designed to house software development outfits, telecommunication providers, research & development firms. It will be inaugurated sometime in April 2008.
Around the city, more and more commercial and residential buildings are being built. While these constructions are not directly related to IT, they are matching the efforts of various sectors in promoting the city as an ideal IT investment destination.
Mr. Villaver said he welcomes these real estate projects, as well as the entry of other property developers that are targeting information technology services to provide the necessary jolt for the local economy and provide more work to Davao’s growing number of IT graduates.
In Addition, Blue-chip property developers like SM and Robinsons are actually eyeing Davao City as a possible area of funneling in investments and open economic zones focused towards IT and IT-enabled services.