Tag: Bangko Sentral ng Pilipinas

Property prices rise for 2 straight quarters in Q4

Property prices continued their upswing, rising for two straight quarters in the fourth quarter,  amid the strong demand for houses in the National Capital Region (NCR) as the economy further...

Soured real estate loans rise amid pandemic

The gross non-performing real estate loans of Philippine banks booked a double-digit 15 percent increase to P121.6 billion last year from P105.36 billion in 2020 due to the impact of...

Economic recovery to support residential demand

The projected recovery of the Philippine economy is seen to drive demand for the Metro Manila residential market, Colliers Philippines said. “The Philippine economy is bound for...

Banks see rise in real estate loans this quarter

Philippine banks are expecting an increase in demand for commercial and individual real estate loans in the first quarter of the year as the country exited the pandemic-induced recession last...

A golden address for the Filipino entrepreneur

As brighter prospects are seen for Philippine economy’s recovery, now is the opportune time for entrepreneurs to ride along the projected rebound and start their own businesses.

BSP says real estate market to recover next year as economy improves

The real estate market is seen recovering next year as the country continues to rebound from the pandemic induced recession, according to Bangko Sentral ng Pilipinas Governor Benjamin Diokno.

BUY, BUY, BUY: More Filipinos want to buy houses, big-ticket items

More Filipinos are looking to buy houses and other big-ticket items such as cars and appliances over the next 12 months as the country gradually recovers from the impact of...

Social media platform Lyka scouting for Philippine office

Social media platform Lyka Global is scouting for an office in the Philippines as property prices in the country continue to decline due to uncertainties brought about by the COVID-19...

Real estate exposure of Ph banks rise hit 22.2% in H1

The exposure of Philippine banks and their trust departments to the volatile real estate sector further increased to a record 22.2 percent in the first half of the year, data...

Property prices book steepest decline in Q2 amid year-long drop in condo prices

Property prices booked its steepest decline in the second quarter as the year-long drop in the prices of condominium units especially in the National Capital Region (NCR) dragged the entire...

Do you have termites at home? Read this

A 70-year old ice delivery man learned a lesson the hard way when termites feasted on his P50,000 hard-earned savings that he kept in a cabinet inside his home instead...

COVID-19, POGO exodus stall property boom in Phl

The COVID-19 pandemic and dampened demand from the Philippine Offshore Gaming Operators (POGOs) affected the Philippine residential real estate market as property prices plunged for the first time in five...

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Solaya Lipa dazzles Lipa City as it kickstarts Christmas celebration

Adding yet another gem to the progressive Batangas, Solaya Lipa kickstarts the holiday seasons with its first ever Christmas Tree Lighting ceremony.

Immerse Yourself in a Christmas Wonderland at Crosswinds Tagaytay

Twinkling lights, sharp, sweet, and refreshing aromas of pine trees, a cool breeze, Christmas music, and a fairytale-like ambiance—the festive season is...

Traveling is learning, too

The Office of the President recently issued Proclamation No. 90, series of 2022, amending the previously declared Regular Holidays and Special (Non-Working)...

From Italy with love: Bringing contemporary Italian architecture to the Philippines

As a design-driven real-estate developer, Italpinas Development Corp (IDC) has made the universal appeal of Italian design and architecture as inspiration for...

Metro Manila Grade A office vacancy rates decline in Q3

The office market in Metro Manila is seeing signs of improvement. Vacancy rates for grade A offices in the...