Megaworld adds a fifth tower in Iloilo business park on brisk demand

MANILA – Megaworld Corp has launched the fifth residential building in its township project in Iloilo on the back of strong demand. In a disclosure to the Philippine Stock Exchange, the property holding firm of billionaire Andrew Tan said the 22-storey The Palladium, standing 80 meters high, will be the tallest building in Western Visayas… Read More Megaworld adds a fifth tower in Iloilo business park on brisk demand

Philippine property sector will continue to grow in 2015

DRIVEN by the continued positive outlook on the economy leading to a stable investment, the Philippine property sector will enjoy another banner year in 2015. Claro Cordero, head research and consulting of Jones Lang LaSalle (JLL), said the other growth drivers of the property sector are the projected expansion of the offshore and outsource industry… Read More Philippine property sector will continue to grow in 2015

Reckoning with ‘Ruby’

Big casualties avoided through massive evacuation Typhoon “Ruby” (international codename: “Hagupit”) knocked out power in entire coastal provinces, mowed down trees and power lines, and sent more than 650,000 people into shelters, but Filipinos emerged wiser from last year’s devastation by super-typhoon “Yolanda” (“Haiyan”) and reckoned with the storm as it weakened yesterday, leaving no… Read More Reckoning with ‘Ruby’