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Ayala Land unit expands Pampanga housing project

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., has expanded its community in San Fernando, Pampanga as demand continues to grow......»»

Category: financeSource: philstar philstarApr 18th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Ayala Land to double profit by 2028

Ayala Land Inc., the listed property unit of the Ayala Group, aims to double its net income by 2028 or in five years, a ranking official said yesterday......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

ALI’s affordable housing arm takes lead in smart solutions

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., is taking the lead within the ALI business units in providing innovative residential solutions as it is set to unveil a groundbreaking advancement in modern living......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Beating the housing finance conundrum

Despite the valiant efforts of our secretary for housing, we have failed by a long shot to meet our housing targets for the year......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

DHSUD, Pasig ink deal for housing project

The Department of Human Settlements and Urban Development has signed a partnership with the Pasig government for an in-city housing project for informal settler families and low-income earners......»»

Category: newsSource:  philstarRelated News19 hr. 33 min. ago

Montilla leads groundbreaking rites of Panublion sa Nayon housing project

Montilla leads groundbreaking rites of Panublion sa Nayon housing project.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

NHA to build P72.7-M housing project in Zambo City

NHA to build P72.7-M housing project in Zambo City.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Lapu-Lapu City signs agreement with private firm for socialized housing project

LAPU-LAPU CITY, Cebu —The Lapu-Lapu City Government has entered into an agreement with a private firm for a socialized housing project in Barangay Calawisan that is scheduled to be realized this year. On Thursday, April 4, Mayor Junard “Ahong” Chan and Johndorf Ventures Corporation President/CEO Richard Lim formally signed a Deed of Donation for the.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

ADB lends $20 million for affordable housing project

The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Fake city hall employee nabbed for ghost housing project

Fake city hall employee nabbed for ghost housing project.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DHSUD, Bacolod City sign pact for second 4PH housing project

DHSUD, Bacolod City sign pact for second 4PH housing project.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Ayala Land breaks ground for Evo City South District, Technohub

Ayala Land Inc. recently broke ground for Evo City’s second commercial lot and first office building developments in Kawit, Cavite......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Ayala Land FY23 profit up 32% to P24.5-B

Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Ayala Land allots P13 billion to redevelop 4 major malls

Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Ayala Land sells P5.6-B worth of AREIT in discount block sale

Ayala Land disclosed that it sold 181 million shares of its subsidiary, AREIT, at P31.10/share which was a 7.2% discount to the previous day’s closing price......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

E-trikes ‘bawal’ nang dumaan sa national roads ng San Fernando, Pampanga

BAWAL nang dumaan sa national roads at pangunahing kalsada ng San Fernando, Pampanga ang mga mababagal na electric motorcycle o e-trikes, pati na rin tricycles. Alinsunod ‘yan sa alituntunin ng Land Transportation Office (LTO) na ipinatutupad na ngayon ng nasabing lokal na pamahalaan. Nakapaloob din sa guidelines na kailangang irehistro ang e-trike kung ang takbo.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Megawide expands portfolio of 8990 projects

Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

BCDA finalizes deal for New Clark housing

State-run Bases Conversion and Development Authority is looking to finalize the deal for the construction of the first 10,000 units of a housing project in New Clark City......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Avida Land brings 3D street art to South Park

Avida Land, the upper mid-income residential brand of property giant Ayala Land, has transformed South Park District, a 6.6-hectare township in Muntinlupa, into a vibrant community following the unveiling last Feb. 3 of an interactive canvas with 3D paintings......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

SM Prime unit expands Nasugbu beach homes

SM Prime unit Costa Del Hamilo Inc. is expanding its newest upscale residential community in Nasugbu, Batangas to cater to the growing demand for nature-friendly beach homes......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024