Jan10

DENR Bans Construction on Boracay Island

The Department of Environment and Natural Resources (DENR) Secretary Lito Atienza imposed a ban on all hotel and vacation home construction projects in Boracay island. Atienza has been attempting a moratorium on construction since August of last year, which local mayor Ciceron Cawaling failed to heed. According to Atienza, the island can no longer handle [...]

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Jan08

Online Tools for Overseas Buyers

The Philippine Voyager website observed that many foreigners and expatriates have been lured into buying properties in the Philippines by many aggressive sellers. Upon investing in the land, however, they often complain of the poor construction quality, the inaccessibility of the location, and unreasonable home association dues. Most often, overseas buyers are too busy to [...]

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Jan07

Vista Land Expects Php50B in Earnings This Year

Property developer Vista Land expects to generate approximately Php 50 billion worth of sales from the launch of 40 projects in 2008.  During the first quarter of the year, they will be launching their condominium project on Emerald Avenue in Ortigas Center, as a joint venture with Splash Corp.  The C&P Homes subsidiary will also [...]

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