Dec28

Philippines Involved in Tokyo Land Deal Scandal

The Philippines could get involved in a possible diplomatic scandal with Japan about a Php5 billion peso transaction that involves the development of government-owned property in the Shibuya district of Tokyo, Japan. The Nampeidei 2,488-square meter property was acquired by the Philippines as part of Japan’s World War II reparations. Currently, the Nampeidei is an [...]

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Dec26

Philippine Real Estate Boom to Continue through 2008

Now would be a great time to invest your hard-earned money in a house or condo unit of your own. The Manila Times reports that the Philippine real estate industry picked up this year due to a growing market of young urban professionals and OFWs buying property in the country. Evidence of the real estate [...]

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Dec19

Megaworld Trumped by Donald Trump

Megaworld Corporation, one of the giants in Philippine real estate, changed the name of a condominium project after New York tycoon Donald Trump threatened to take legal action against the company. The 5.5 billion-peso (USD 133.4M) condominium project was formerly called “The Trumps”, a move that outraged the billionaire. Trump was furious that Megaworld would [...]

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