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Residential condominium complex to rise soon
Anew residential space at Filinvest City will soon rise. 1001 Parkway Residences, developed by Filigree, is a high-rise residential property and the latest addition to its portfolio of renowned spaces, such as The Beaufort in BGC, The Enclave Alabang in Daang Hari, Bristol, Botanika Nature Residences Tower 1 and Two Botanika in Filinvest City and Golf Ridge Private Estate in Filinvest Mimosa+ in Clark, Pampanga. “These residential offerings have already grown into vibrant and intimate space, proof of how many people crave a life of distinction,” said Daphne Sanchez, Filigree’s business unit head. 1001 Parkway Residences consists of twin towers, each with rooms that seamlessly marry understated luxury and craftsmanship. Units (either one bedroom, two bedrooms or three bedrooms) have a built-in closet, kitchen, toilet and bath, multi-split inverter AC, multi-point water heat system, FFTH for Internet, single leaf solid wood grove main door, moisture resistant gypsum board and a balcony. [gallery size="full" ids="163840,163839,163842"] Two exclusive Garden Units, sized at 70 sqm each, has a 14-sqm balcony that offers a panorama view of the property’s surrounding green spaces. Relevant amenities and services, such as a pavilion, adult pool with 50-meter lap section, kiddie pool, outdoor kids play area, indoor kids play area, gym and yoga, dog park, pool lounge and sky lounge are available for its future residents. 1001 Parkway Residences is along major roads leading to the North and South. By virtue of being with Filinvest City, the property is nearby Spectrum Linear Park, Central Park and Creekside Park. Soon to rise along Millionaire’s Row at Spectrum, touted as the most premium district of Filinvest City, 1001 Parkway will also have immediate access to medical facilities, business centers, educational institutions, commercial centers, dining hotspots, entertainment venues and other green open spaces. “1001 Parkway by Filigree is a symbol of elevated status where residents can embrace modern luxe lifestyle. Imagine your home address is a mix of two worlds, the urgent pace of your urban life and sensibility, and the slower, more meditative and meaningful moment one cannot simply count with time. It is a quiet meshing of outdoor and indoor, of the wildness of nature and the beauty of structure,” Sanchez said. From stunning high-rise communities to lush and intimate neighborhoods, Filigree redefines luxury by sealing its every project with tangible real value. Their exclusive locations and designs are the hallmarks of world-class developments with unlimited investment potential. “At Filigree, we believe that luxury is really in the details. Every project feature is well thought-out to bring utmost comfort and ease to our residents,” she added. 1001 Parkway Residences is ready for occupancy by 2028. The post Residential condominium complex to rise soon appeared first on Daily Tribune......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Knowing one’s IP right
Copyright registrations at the Intellectual Property Office of the Philippines or IPOPhl reached record-high levels last year. And this, according to IPOPhl, signifies increased awareness of the importance of copyright registration......»»
Rama: No need to rush RPT revision
CEBU CITY, Philippines – Cebu City Mayor Michael Rama said revising the Real Property Tax (RPT) wasn’t yet necessary, showing a sudden change in his position. At first, Rama said the RPT revision had to be done this month. Later, he told the council that imposing the RPT suddenly wasn’t necessary, showing a change in.....»»
NAIA sale to pay debts
Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
Lancaster New City s first low-rise condo Westwind breaks ground, eyes turnover in Q3 2026
The first low-rise condominium of Profriends inside Lancaster New City, Westwind, has officially broken ground, with a targeted turnover in the third quarter of 2026. The groundbreaking ceremony took place in General Trias, Cavite last November 11, three months after the project’s grand unveiling at Acacia Alabang in Muntinlupa......»»
SYNC, Sierra Valley Gardens hold groundbreaking ceremonies
RLC Residences has recently broken ground on the new buildings of its two new construction milestones, SYNC and Sierra Valley Gardens. Present during the ceremonial foundation stone laying activity were RLC Residences executives and key officials from the construction partners: Terp Asia Construction Corporation, Monocrete Construction Philippines, Arknet Inc., R.B. Sanchez and W.V. Coscolluella Associates. “We are very proud of these milestones and equally excited to start constructing these new buildings. Sierra Valley Gardens Buildings 3 and 4 and SYNC N-Tower are among the many projects we recently launched to the public, each with unique features tailored to the needs and lifestyle of condo-seekers. We can’t wait to see these unfold and welcome our future residents to the home that they envisioned,” John Richard Sotelo, RLC Residences senior vice president and business unit general manager, said. Located in Bagong Ilog, Pasig City, SYNC is a four-tower residential development and currently the only condominium in the area with direct access to C5 Road. N-Tower, the third building of the development, was launched last October 2022 and boasts efficiently designed units with smart home features and productivity upgrades, and more than 20 indoor and outdoor amenities exclusively available to residents. Sierra Valley Gardens, on the other hand, is the first smart suburban community in Cainta, Rizal. Located within the Sierra Valley destination estate, the condo project offers studio to two-bedroom units with balcony options, equipped with smart home features and home upgrades, resort-like amenities and facilities, plus direct access to the soon-to-rise mall and office buildings within the estate. The post SYNC, Sierra Valley Gardens hold groundbreaking ceremonies appeared first on Daily Tribune......»»
Anissa Heights: For discerning home seekers
DMCI Homes’ upcoming project in Pasay City reaffirms the property developer’s commitment to providing quality housing options for a diverse range of home seekers. “Anissa Heights exemplifies DMCI Homes’ dedication to delivering housing solutions that adapt to the market’s evolving needs,” DMCI vice president for Project Development Dennis Yap said. The soon-to-launch Anissa Heights is a residential condominium located in P. Zamora, Pasay City, that aims to cater to a broader audience of individuals and families, offering the opportunity to own a home in a prime urban location. It provides easy access to key areas, including the Bay City, and convenient connections to Makati City through EDSA and other major road networks. Future residents will also appreciate the convenience of a transit-oriented development with the nearby MRT-3 Taft Avenue and LRT-1 EDSA stations. ANISSA Heights Its 1,390 units range from a studio type (16 sqm-26sqm) to one bedroom (27.5 sqm), ideal for rental business (short-term or long-term). This one-tower, 34-storey modern development influenced by the concept of urban living also features a wide array of amenities, such as a swimming pool, fitness gym, multi-purpose court, open sky lounge, entertainment room, play area and landscaped gardens, providing a complete resort-like experience. “This new project stands as a testament to DMCI Homes’ vision to redefine urban living, making it accessible to a diverse range of individuals and families,” Yap added. DMCI Homes is the Philippines’ first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. It has more than 60 properties in its portfolio since its launch in 1999. The post Anissa Heights: For discerning home seekers appeared first on Daily Tribune......»»
Megaworld dev’t targets P5-B sale
Property developer Megaworld Corp. led by tycoon Andrew Tan is expecting to generate P5 billion in sales from building its fifth residential condominium development inside its 34-hectare Upper East township in Bacolod City. In a stock report on Wednesday, the company said the 26-story Kensington Sky Garden, scheduled for completion in 2029, will be the tallest residential development among its Visayas townships to date. The venture will be a two-tower residential development offering 643 smart home units located at the corner of Upper East Avenue and Bentley Street, just across the newly-opened Landers Superstore. Carrying a unique design that reflects Victorian era influences in New York — a city where The Upper East draws much of its inspiration — Kensington Sky Gardens units range from from Studio and Executive Studio (up to 40 square meters), One Bedroom (up to 56 square meters), Two Bedroom (up to 90 square meters), and Three Bedroom (up to 110 square meters). All unit sizes have either a balcony or a lanai. E Vehicle facility set According to Megaworld, the project is planned to have an electric vehicle-charging facility in its basement parking area, the first of its kind in Bacolod City, in preparation for the influx of electric and hybrid cars soon. Other green and sustainability features include low flow rate fixtures to promote water conservation, occupancy sensors in hallways and parking floors that help conserve energy, LED lights for units and common areas, a rainwater harvesting system, and its own materials recovery facility. The post Megaworld dev’t targets P5-B sale appeared first on Daily Tribune......»»
Megaworld raising P1.8B from project
Property developer Megaworld Corp. led by tycoon Andrew Tan is eyeing to generate as much as P1.8 billion from the third residential condominium development within its 140-hectare Maple Grove township in General Trias, Cavite. In a stock exchange report on Thursday, the company said the 14-story Maple Park Residences that it recently launched is slated to be complete within the next five years or by 2028. Maple Park Residences will offer 200 smart home units in varying unit types — studio, one-bedroom with and without balcony, and two-bedroom with and without balcony. The development will also be the first across Megaworld’s portfolio to feature a dedicated electronic vehicle charging facility in the parking area. Scandinavian-inspired “The concept behind Maple Park Residences draws inspiration from the Scandinavian countries as well as communities in Makati where residents are surrounded by lush open spaces in the middle of a modern and urban city. Maple Park Residences will offer both the excitement of urban living and the laidback setting of Cavite,” said Eugene Lozano, first vice president for sales and marketing, at Megaworld Cavite. Maple Park Residences will be accessible to future residents via the six-lane, 30-meter-wide Maple Grove Boulevard, which was recently integrated into the 12-kilometer General Trias-Tanza Bypass Road project by the local government of Cavite and the Department of Public Works and Highways. Benefitting from the recovering economy, Megaworld booked a double-digit profit growth during the first half of the year as net income hit P8.8 billion — 31 percent higher than last year’s earnings. Megaworld said the rosy numbers were also primarily driven by the 17 percent growth in consolidated revenues to P32 billion as “core businesses registered robust performance during the period.” The post Megaworld raising P1.8B from project appeared first on Daily Tribune......»»
Pueblo de Oro launches condo project in CDO
WESTWOODS Storeys will offer a total of 989 residential units, including 25-sqm studio-type and 56-sqm two-bedroom mode PHOTOGRAPHS COURTESY OF pueblo de Oro Development Corporation THE property stands out among other condominium projects with its expansive layout on a large land area. Pueblo de Oro Development Corporation, the residential development arm of Investment & Capital Corporation of the Philippines Group, has recently launched a P3-billion mid-rise condominium project in Barangay Carmen, Cagayan de Oro City. Dubbed Westwoods Storeys, the project consists of seven towers, each with six or seven floors, and is set on a 5.2-hectare plot amidst the protected urban rainforest of Pueblo de Oro. “Westwoods Storeys will contribute to mitigating the housing backlog, particularly in the City of Cagayan de Oro,” the company said. It will offer a total of 989 residential units, including 25-sqm studio-type and 56-sqm two-bedroom models with introductory prices ranging from P4 million to P8.9 million. Westwoods Storeys stands out among other condominium projects with its expansive layout on a large land area, providing a less crowded environment. It is thoughtfully designed to blend seamlessly with the surrounding rainforest, promoting environmental preservation that offers unit owners a harmonious connection to nature. Westwood Storeys also features a range of amenities, such as swimming pools, a playground, a multi-sport court, landscaped meditation decks, nature trails, rain gardens, pocket greenscapes, a family picnic area and a guardhouse with 24/7 security. Westwoods Storeys offers convenient proximity to various landmarks such, as SM City CDO Uptown shopping mall, St. Francis Xavier Parish Church, Xavier University-Pueblo de Oro Campus and the soon-to-open The Hub at Bamboo Lane commercial center. The whole development is expected to cost P3 billion, with the first tower set for turnover in 2026. Westwoods Storeys is Pueblo de Oro’s next vertical housing project following the successful Familia Apartments and Familia Apartments at Bamboo Lane. The latter received the Special-Purpose Development of the Year-Philippines award in the 2021 Real Estate Asia Awards. The post Pueblo de Oro launches condo project in CDO appeared first on Daily Tribune......»»
Mantawi Residences: Cebu’s next frontier of progress
Picture this: A luxurious, but safe and quiet abode. Yes, that’s the commitment of Mantawi Residences, the newly launched property of Robinsons Land Corporation Residences in Cebu. Who wouldn’t want to be in such a place that promises its residents ultra-spacious living spaces and built-in smart home devices? Not to mention exclusive and sizeable penthouses with multiple loggias where residents can comfortably marvel at the city’s skyline. For the Gokongwei-led RLC Residences, Mantawi Residences exemplifies condo design. It’s one of those properties where each element conspires with all the rest to create a singular experience. “We are happy to come back here in Cebu with another promising project, Mantawi Residences,” said John Richard B. Sotelo, RLC Residences senior vice president and business unit general manager. “We are very proud to finally unveil this development that we envisioned for our future residents who are on the lookout for a home and investment that they can proudly call theirs.” Mantawi Residences is the newest and most ambitious addition to RLC Residences’ roster of properties in Cebu after its successful projects in Azalea Place Cebu, Galleria Residences Cebu, and Amisa Private Residences. [caption id="attachment_122273" align="aligncenter" width="650"] MANTAWI Residences grand launch at Nustar Resort and Casino in Cebu. (From left) Allen Miranda, RLC Residences vice president and head of sales; Winnie Go; Heart Evangelista, RLC Residences brand ambassador; Karen Cesario, marketing head and chief integration officer; John Richard B. Sotelo, senior vice president and business unit general manager; Engr. Emmanuel Arce, vice president project management; and Stephanie Anne Go, business development and design head.[/caption] “Mantawi Residences marks yet another strong signal from RLC of its confidence in Cebu — the strength of its economy and the vibrancy of its people,” Sotelo said during the grand launch event held at the Nustar Resort and Casino in Cebu City. Sotelo added that Mantawi Residences reflects the best thinking of RLC Residences to date, with something they haven’t done even in Metro Manila — its sprawling 1.3 hectares of amenities. Add to that are their efficient space layouts with larger unit sizes and loggias, sustainable certification with EDGE (Excellence in Design for Greater Efficiencies) and BERDE (Building for Ecologically Responsive Design Excellence) and its curated retail areas. “We’ve brought our best thinking and understanding of the customers in Cebu, as well as those outside of Cebu and outside of the Philippines who are keen to invest in the Cebu market,” Sotela added. Upscale living Mantawi Residences is a four-tower premium condominium on the 20,328-sqm property with 474 units spread across the four 40-floor towers. The property, named after the Mantawi Festival, is situated along Ouano Avenue in Mandaue City. The pre-selling property offers 310 one-bedroom units (46 sqm), 148 two-bedroom units (92 sqm and 115 sqm), 12 three-bedroom units (138 sqm), and four penthouse units (207 sqm). Price ranges from P15 million to P60 million. [caption id="attachment_122277" align="aligncenter" width="525"] MANTAWI Residences Penthouse living room, dining and kitchen.[/caption] The opulent penthouse covers three bedrooms, a dining area, a kitchen, a living room, a study den, a utility room, a powder room, and a balcony. Sotelo disclosed that two of the penthouse units have already been sold. Stephanie Anne Go, RLC Residences assistant vice president and business development and design head, said each unit has upgraded home furnishings, including porcelain tile floorings, a kitchen with glass doors and a pantry cabinet, and glass shower enclosures. For the penthouse, the master bedroom’s toilet will have a bathtub. “We also want to make sure that most of the bedrooms of every unit will have their own loggia,” she said. “We have to be conscious about efficiency, not generally where we just want to put the bedrooms. Rest assured that all the units will be efficiently laid out.” Go ensures that there will be a feeling of airiness and openness in the property. Yes, fresh air and open spaces – who would have thought these two simple things could be luxuries for condo homeowners? The premier project enjoys a vast 1.3-hectare amenity area that provides landscaped areas, beach-inspired swimming pools, a cascading water wall, a pet park, and an outdoor play area, among others. Indoor amenities include a game room, a private theater, a fitness center, a kids’ playroom, and function rooms. It will also feature curated global retail brands on the ground floor. Mantawi Residences is near academic institutions, shopping destinations and hospitals. The area is also currently being modernized to become the main gateway of Cebu City. One of the critical projects in the area is the Department of Environment and Natural Resources’ rehabilitation of the Mahiga River. The property is also accessible to two progressive cities: Mandaue and Cebu City and is only five kilometers away from the Cebu-Cordova Link Expressway — considered one of the area’s progress indicators. Future developments are also in the pipeline, as the Mandaue government plans to develop the Metro Cebu Expressway and the Cebu Bus Transit, plus turning the Cebu International Port into an international cruise docking area. Another essential program is the development of a premier waterfront development featuring commercial space and a luxury district. Target market Cebu continues to be the biggest real estate outside Metro Manila, with the demand increasing from six percent in 2020 to 24 percent in 2021. Karen Cesario, RLC Residences senior director-marketing head and chief integration officer, said they target overseas Filipinos and growing professionals aged 35 to 45 as potential homeowners. A one-bedroom, 46-square meter unit starts at P15 million. “We did take a long, hard look at the price point that we feel the Cebu market is ready for and willing to take,” said Sotelo. “When we were made to look at the design specifications and the features that we have incorporated into the building, we felt that it’s worth more than our previous premium properties. We are guided by what the market is telling us, what and how our competition also prices. The market in Cebu is telling us that it is ready.” Sotelo added that they expect to break ground Mantawi Residences in the fourth quarter of this year, with the turnover of the first tower by the fourth quarter of 2029. The post Mantawi Residences: Cebu’s next frontier of progress appeared first on Daily Tribune......»»
Priland tops off 1st condo project, Northwoods Place
Homegrown developer Priland Development Corporation topped off its first residential condominium called the Northwoods Place, construction of which started last year. The topping-off ceremony was held at the site in H. Abellana St. in Barangay Canduman, Mandaue City. The property offers 312 studio, one-bedroom, home office units, and commercial spaces in two towers which are […] The post Priland tops off 1st condo project, Northwoods Place appeared first on Cebu Daily News......»»
Filipino villager to be nailed to a cross for the 35th time on Good Friday to pray for world peace
MANILA, Philippines (AP) — A Filipino villager plans to be nailed to a wooden cross for the 35th time to reenact Jesus Christ’s suffering in a brutal Good Friday tradition he said he would devote to pray for peace in Ukraine, Gaza and the disputed South China Sea. Ruben Enaje, a 63-year-old carpenter and sign.....»»
Netizens turn to dry humor as they give their take on CSBT transfer plan
CEBU CITY, Philippines — Cebuano netizens resorted to dry humor as they give their take on social media about the plan of the Cebu Provincial government to move the Cebu South Bus Terminal (CSBT) from Cebu City to the neighboring Talisay City in the south of Cebu. The CSBT is currently situated along Natalio Bacalso.....»»
Holy Week 2024: Remembering the suffering of Jesus Christ at the Celestial Gardens
CEBU CITY, Philippines — Remembering the passion and death of Jesus Christ is the highlight of the Holy Week in the Roman Catholic tradition. During this season, Catholics from all over the world usually conduct Visita Iglesia or pray at the Stations of the Cross. In Cebu City, among the places that people visit when.....»»