Taft Properties highlights Comforts of Christmas in its premium homes

Taft Properties highlighted the comforts of hearth and home when it lighted up a set of Christmas trees on Friday, October 23, in anticipation of a joyful and hopeful season in spite of a global crisis. Since the times call for keeping social circles small and staying put, Taft believes in the value of purposeful…

Megaworld grows office business even during pandemic

Office rental income growth of 10% helped cushion pandemic impact even as H1 profits registered 34% drop Megaworld, the country’s leading developer of integrated urban townships, posted a 34% drop in its net income during the first half of the year, from P8.9-billion to P5.9-billion. Consolidated revenues for the first six months declined by 25%…

Megaworld’s reservation sales hit P38B in first half of 2020

Megaworld, the country’s largest developer of integrated urban townships, has booked P38-billion in reservation sales for various residential projects during the first half of the year. For the entire second quarter, the Megaworld Group generated P17 billion in reservation sales, at a time when most parts of the country were placed under “enhanced community quarantine.”…

Megaworld launches 5th residential development in Cebu

20-storey The Pearl Global Residences to add 222 residential units in the 30-hectare The Mactan Newtown Property giant Megaworld is launching its fifth residential development inside the 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu. The 20-storey The Pearl Global Residences will add 222 units in the existing 1,836 residential unit inventory in the township.…

Mandani Bay Quay launches 3rd residential tower

To keep up with the emergence of more discerning buyers, Mandani Bay Quay launched the third and last residential tower in the second phase of the waterfront development with its first ever fully-furnished units. It will not just be throwing in furniture and appliances together though as the interior will be styled by world-renowned designer…

Savoy Hotel Mactan Newtown opens

With its 547 guest rooms, Savoy Hotel Mactan Newtown is the biggest hotel in terms of number of rooms in Mactan Island and the 2nd biggest in the entire Cebu. The 18-storey hotel officially opened today. The hotel targets mostly business travelers and family vacationers because of its proximity to the beach and resorts around…

Megaworld to open 3rd Savoy Hotel in Mactan

The company’s first hotel development in Cebu offers 547 rooms and suites, with close accessibility to Mactan Newtown Beach and future ‘beach mall’ Township developer Megaworld is opening its first hotel development inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu next month. The 18-storey Savoy Hotel Mactan will offer 547 guestrooms and suites,…

Megaworld to build P1.5B beach mall in Mactan Newtown

New mall on a shoreline cliff to be highlighted by a man-made lagoon, boutique hotel, garden chapel, beach walk, and rows of retail shops & restaurants including four cinemas Property giant Megaworld is building a two-level mall along the beachside cliff of its 30-hectare The Mactan Newtown development in Lapu-Lapu City. With a total gross…

Federal Land unveils 5th tower in premier Cebu development Marco Polo Residences

Designed like two overlapping pearls with interiors that take inspiration from the surrounding greenery, Marco Polo Parkplace will soon rise within exclusive Nivel Hills as the fifth and final tower in the Federal Land development Marco Polo Residences. The latest condominium building, which has just began construction, will have 350 residential units covering a selection…

KMC Solutions expands office space portfolio in Cebu

Seeing a rising demand for flexible office spaces, KMC Solutions embarks on an ambitious expansion throughout the country with Cebu leading the growth in 2019. The company has scheduled in September the grand opening of a new site at a premium grade building in Cebu IT Park that will add 970 seats to its current…

Megaworld’s 1st half 2019 earnings up 18% to P8.9B

Residential, rental, and hotel businesses register double-digit growth Megaworld, the country’s pioneer in and largest developer of townships, grew its net income by 18% to P8.9-billion in the first half of 2019 from P7.5-billion during the same period last year. Excluding a non-recurring gain of about P189-million in the first six months of 2019, the…

Priland launches 2-tower Vertex Coast in Mactan’s resort neighborhood

Homegrown real estate developer Priland Development Corporation brings the resort concept to home and office with the launch of Vertex Coast in Punta Engaño. The two-tower residential development will rise alongside Cebu’s most premier beach resorts and prime real estate in Mactan. With a combined 738 units for residential and small office-home office (SOHO) use,…

Primehomes launches exclusive housing community Luana Dos

With its wide roads, tropics-inspired amenities, and spacious homes, Luana Dos aims to create a community where families can live idyllic lives. This is exactly why the fifth and newest residential project of Primehomes Development Corp. is named after the Hawaiian word for “hayahay”, said Harold Vince See, the company’s business development manager. He added…

Bamboo Bay holds annual post-Sinulog celebration

Contempo Property Holdings Inc. Founder and CEO Beverly Dayanan with performers and owners of units at Bamboo Bay Community during the annual Sinulog celebration.

Sinulog performances, street parade, reenactment of the arrival of the Señor Sto. Nino image in Cebu, and a feast of local cuisine marked the post-Sinulog celebration in the Bamboo Bay Community. The Halad Kaniño Sinulog Open House last Saturday, January 26, 2019, was in observance of an event that has become a yearly tradition for…

AboitizLand breaks ground for Foressa Mountain Town

AboitizLand takes another step towards redefining outdoor living as it breaks ground for the first phase of the Balamban development Foressa Mountain Town. Aside from the usual amenities of a residential development like a clubhouse and pool, future homeowners of the mountain resort community in the Cansomoroy highlands will have access to a forest reserve,…

Cebu Landmasters launches mixed-use Astra Centre in Mandaue

Two high-rise towers with a world-class hotel, residential units, and office spaces linked by a podium hosting an upscale boutique mall will make up Cebu’s upcoming lifestyle hub Astra Centre, Cebu Landmasters, Inc.’s second full-range mixed-use development. Jose Soberano III, CLI chief executive officer, said during the launch of the P3.6-billion project yesterday, August 8,…

Bamboo Bay kicks off summer with art exhibit, wellness talks

HEALTHY SMOOTHIE. Guests try out one of the smooties prepared as part of the eating well demonstration of Detox Bar founder Anne Dala.

A refresher on easy to prepare health treats by Detox Bar founder Anne Dala, flower power art exhibit featuring local artists, and display of homeowner Debbie Degracia’s succulents collection kicked off the Summer Festival celebration at the Bamboo Bay Community. The activities held last April 14 are just among the array of special offerings for…

Pag-Ibig recognizes Sunberry Homes with 3 awards

3 AWARDS. Sunberry Homes Inc. President and CEO Beverly Dayanan (center) and the Sunberry Homes Team receive 3 awards from Pag-Ibig Fund, represented by Cebu HBC Loans Management and Recovery Department Manager Anthony Maglunsod.

Dynamic and proactive mass housing developer Sunberry Homes, Inc. reaped three awards from the Home Development Mutual Fund (HDMF) or Pag-Ibig. It received an Award of Recognition as the No. 9 Housing Developer in the Visayas in terms of Takeout Loan Value for the year 2017. Sunberry also received two special citations for the Highest…

Megaworld’s 2017 net income jumps 13.4%, sets P60B capex this year

Megaworld, the country’s largest developer of integrated urban townships, grew its net income by 13.4% to P13.3-billion (including non-recurring gains of P113-million) in 2017 from P11.7-billion (including non-recurring gain of P82-million) the previous year. Net income attributable to parent company ended at P12.8-billion by end-December 2017, a 12.7% jump from P11.3-billion during the same period…

Megaworld set to open La Salle-supervised school in Mactan Newtown

Newtown School of Excellence. The school will initially offer classes for the nursery and kindergarten levels.

A student-centered learning institution under the supervision of the De La Salle Brothers will open this June for school year 20018-2019 within the Mactan development of property giant Megaworld and has been officially named “Newtown School of Excellence.” Megaworld Cebu Properties, Inc. president Noli D. Hernandez said the school will initially offer classes for the…