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Bank loans to property sector rising

BANKS handed out more loans to the real estate sector as of June from a year ago as credits for both housing and commercial property rose by a fifth, according to data the Bangko Sentral ng Pilipinas (BSP) released last weekend......»»

Category: newsSource:  bworldonlineRelated NewsSep 25th, 2016

QC could put land value hike on hold

QUEZON CITY (QC) residents and businesses are likely to get a reprieve from an already deferred hefty increase in real property tax looming in January next year, as Mayor-elect Maria Josefina “Joy” G. Belmonte said she plans to put on hold implementation of higher land fair market values (FMV) pending “further consultation with the people.”.....»»

Category: financeSource:  bworldonlineRelated News12 hr. 15 min. ago

Banks’ real estate loans rise to P2.14 T

The real estate exposure of big and mid-sized banks remained manageable, rising by nearly seven percent to P2.14 trillion as of end-September last year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2019

No 500% property tax increase, buwis sa simbahan at informal settlers — QC Assessor

NAGBABALA sa publiko ang isang opisyal ng Que­zon City Office of the City Assessor na maging maingat sa maling impor­masyon na magkakaroon ng 500 percent increase sa real property tax at property tax ng mga simbahan at informal settler families (ISF) sa Quezon City. “Definitely, there will not be an increase of 500% in the ........»»

Category: filipinoSource:  hatawtabloidRelated NewsMay 7th, 2019

No cushion from QC's realty tax increase

TWO MEASURES meant to ease the impact of Quezon City’s hefty real property tax hike on senior citizens and solo parents have been struck down by the local chief executive, who said the bills were tantamount to class legislation and were not published on time......»»

Category: newsSource:  bworldonlineRelated NewsJan 4th, 2017

Front Page: Property sector to weather risks

THE PROPERTY MARKET should remain buoyant next year although construction delays will continue tempering its growth, while US rate hikes will add pressure particularly on the residential segment, according to a real estate consultancy......»»

Category: financeSource:  bworldonlineRelated NewsDec 27th, 2016

Property sector to weather risks

THE PROPERTY MARKET should remain buoyant next year although construction delays will continue tempering its growth, while US rate hikes will add pressure particularly on the residential segment, according to a real estate consultancy......»»

Category: newsSource:  bworldonlineRelated NewsDec 27th, 2016

Davao City Council to propose adjustments in business, real property taxes

DAVAO CITY (MindaNews / 22 Dec) – City councilors here are proposing to increase the nine-year-old business and real property taxes, but business leaders have called on the council that adjustments should be “reasonable.” Councilor Dann.....»»

Category: newsSource:  mindanewsRelated NewsDec 22nd, 2016

Banks’ real estate exposure up 4.7% in Q3

MANILA, Philippines – The real estate loans extended by big banks rose 4.7 percent in the third quarter of the year amid the steady rise in housing prices du.....»»

Category: financeSource:  philstarRelated NewsNov 16th, 2016

Front Page: Banks generally strong but risks emerge

BANKS in the Philippines remained generally robust, thanks in part to a supportive economy, but rising exposure to property loans, large firms and small- and medium-scale enterprises (SME) as well as possible "significant" shifts in policies under the cur.....»»

Category: financeSource:  bworldonlineRelated NewsOct 31st, 2016

Banks generally strong but risks emerge

BANKS in the Philippines remained generally robust, thanks in part to a supportive economy, but rising exposure to property loans, large firms and small- and medium-scale enterprises (SME) as well as possible “significant” shifts in policies u.....»»

Category: newsSource:  bworldonlineRelated NewsOct 31st, 2016

Real estate loans of big banks up 5%

MANILA, Philippines – Real estate loans extended by big banks remained manageable after a five percent increase in the second quarter, data from the Bangko S.....»»

Category: financeSource:  philstarRelated NewsSep 25th, 2016

Sonria: Owning a piece of Alabang

The location of a property determines its appreciation value. A real estate property in Alabang, for instance, is cited as a viable investment decision because of its potential to increase in prices......»»

Category: newsSource:  mb.com.phRelated NewsAug 29th, 2016

Firm offers full-service property development to landowners

CEBU CITY, Philippines—Landowners can have their land developed without going into a joint venture with a major developer. A newly-formed firm, Wan Pacific Empire Ventures+McGordon Consulting Groups (WPE+MCG), is offering an alternative to landowners who want to have their properties developed. Lydwena Eco, WPE president and chief executive officer, says WPE-MCG merger offers “end-to-end real […] The post Firm offers full-service property development to landowners appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated News10 hr. 15 min. ago

Filinvest Land income rises 24%

FILINVEST Land, Inc. (FLI) booked a 24% increase in earnings in the January to March period on the back of strong rental and real estate revenues......»»

Category: newsSource:  bworldonlineRelated NewsMay 16th, 2019

Airline, property units lift JG Summit Q1 profit

JG SUMMIT Holdings, Inc. saw its attributable profit surge 54% in the first quarter of 2019, following the double-digit expansion of its airline and real estate businesses......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2019

ERC caves after protest against electric cooperatives petition to pass on real property tax

The Energy Regulatory Commission (ERC) suspended the jurisdictional hearing of the petition submitted by Philippine Rural Electric Cooperatives Association Inc. (Philreca) which seeks to pass on Real Property Tax (RPT) charges to consumers......»»

Category: newsSource:  samarnewsRelated NewsMay 13th, 2019

Barangay funds mula sa Real Property Tax (RPT) ‘di na kailangan dumaan sa Konseho

TINIYAK ng nagbabalik na alkalde ng Maynila Alfredo Lim na bibigyan niya nang lubos na kalayaan o ‘full autonomy’ ang mga barangay chairman sa lungsod sa oras na siya ay maging mayor na ulit ng lungsod. Ayon kay Lim, kandidato para mayor ng ruling party PDP-Laban na pinamumunuan mismo ni Pangulong Rodrigo Duterte, ipatutupad niya ang ........»»

Category: filipinoSource:  hatawtabloidRelated NewsMay 10th, 2019

8990 profit jumps 13% in 2018

MASS HOUSING developer 8990 Holdings, Inc. posted a 13% profit increase in 2018, driven by higher real estate sales from several projects across the country......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2019

SM Investments nets P10.7B in 3 months

SM Investments Corp. (SMIC) delivered a 26% profit increase in the first quarter of 2019, boosted the double-digit topline growth of its property, banking, and retail units......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2019