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Rama to meet with council, LFC over RPT revision
CEBU CITY, Philippines –City Mayor Michael Rama is planning to meet with legislators and the Local Finance Committee (LFC) to discuss the general revision of the real property tax (RPT) code after he returns from his business trip to Taiwan. “I wish they will find time that once I come back, we will have a.....»»
Rama wants RPT revision complete by March
CEBU CITY, Philippines – Plans to revise the fair market value of properties in Cebu City, along with the adjustments in real property tax (RPT) calculations, should already be complete by March, Mayor Michael Rama said. Rama said that he has long communicated the need to already work on the matter to members of the Cebu.....»»
Rama promises to transform Cebu City into a ‘Super City’ by 2031
CEBU CITY, Philippines – Mayor Michael Rama has made another promise to the Cebuanos, and that is to transform Cebu City into a ‘Super City’ by 2031. At the same time, Rama also made a commitment to transform all of the 80 barangays into “city-like barangays” by then. Rama’s ‘Super City’ vision was the highlight.....»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
CLI secures PCC approval for JV with Singapore builder
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»
Cop, cohort fall in Cotabato City firearms sale entrapment
Law-enforcement agents arrested a policeman and an alleged member of the Moro Islamic Liberation Front after selling to them three assault rifles marked “Armed Forces Property” in an entrapment operation here on Friday......»»
Makati barangays to get P10 million more from tax shares
All 23 barangays of Makati are each getting an additional P10-million share from the city’s basic real property tax collection following the transfer of the 10 enlisted men’s barrio or “embo” barangays to Taguig, Mayor Abby Binay said yesterday......»»
PNOC seeks redevelopment
State-owned Philippine National Oil Co. intends to redevelop a portion of its property in Taguig City into a mixed-use office and commercial building......»»
87th Charter Day: Commemorating Cebu City’s founding anniversary
CEBU CITY, Philippines — This coming February 24, 2024 marks the 87th Charter Day of the City of Cebu. It was in 1937 that the city received its charter after Cebu City Mayor Michael Rama’s grandfather and legislator, Vicente Rama, authored a bill that led to its cityhood. Cebu City Charter Day overview To trace.....»»
What should bystanders, drivers do in case of encountering accident?
CEBU CITY, Philippines – If one witnesses an accident, whether as a driver or bystander, one must immediately call the emergency hotline. For Cebu City, dial 911; for Lapu-Lapu City, use 9999-72-1111; for Mandaue City, dial 383-1658; and for Talisay City, call 491-4159. This advice comes from Nagiel Bañacia, the head of the Lapu-Lapu City.....»»
Drug test: 3 Lapu CTMS employees fail random testing
LAPU-LAPU CITY, Cebu- Three Lapu-Lapu City employees tested positive in the random drug test initiated by the city’s anti-drug agency. On Monday, January 22, 115 job order employees from the city hall and traffic enforcers from the City Traffic Management System (CTMS) underwent random testing. Garry Lao, executive director of the City of Lapu-Lapu Office.....»»
Only 5 barangays in Davao City have active anti-mosquito disease task force
DAVAO CITY (MindaNews / 18 January)—Only five out of 182 barangays in Davao City have an active Barangay Mosquito-Borne Viral Disease Task Force. Dr. Thomas Miguel Ababon, head of the City Health Office, said at the iSpeak media forum at City Hall Thursday that mosquito-borne task forces in the city “seems difficult to sustain” despite […].....»»
Overpriced pay parking fees? Report this to Cebu City Hall, says councilor
CEBU CITY, Philippines —A Cebu City councilor is urging the public to report to the city hall pay parking areas collecting overpriced fees. Cebu City Councilor James Cuenco, the city council’s chairman of the Committee on Transportation, Councilor James Cuenco urged those with concerns of overpriced parking fees to contact his office and tell them the.....»»
Slater Young proud of Banaue Rice Terraces-inspired project’s international feats
Called The Rise at Monterrazas, the luxe property set to be built on the mountainside in Guadalupe in Cebu City, was nominated in the Unbuilt - Multi Unit Housing (L + 10 Floors) Category. The winner will be decided by votes and announced in June. .....»»
For sale: Unique lot in strategic Arctic archipelago
The last piece of privately owned land in the strategic Svalbard archipelago in the Arctic is up for grabs, a property likely to entice China but which Norway does not intend to let go without a fight. The archipelago is located halfway between mainland Norway and the North Pole, in an Arctic region that has.....»»
Nasugbu goes after RCI’s unpaid real estate taxes
The municipality of Nasugbu, Batangas is seeking to collect from Roxas and Co. Inc. unpaid real property taxes......»»
MREIT to acquire P13.15-B in office buildings through share swap
MREIT announced that it has applied to the SEC to approve a property-for-share swap transaction with its parent company, Megaworld, where MREIT will acquire six “Grade A buildings” from MEG in exchange for 926,162,000 primary MREIT shares......»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
How property prices in Bali have changed and what awaits the market
Over the last year, real estate in Bali has risen in price by 10-20%. However, it is still cheaper than similar resorts in Malaysia, Cambodia, the Philippines and Thailand.Alex Shtefan, founder and owner of the development holding Alex Villas Group, tells us what to e.....»»