Cebu Properties
Cebu Properties
Housing bubbles are a recurring problem in the real estate market and even economists and regulators are in disagreement regarding a bubble’s origins and causes. As can be expected, all this speculation and uncertainty makes it very difficult to detect or even prevent such bubbles from forming. There is one thing, however, that economists are…
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MANILA, Philippines – SM Prime Holdings, owned by the family of the Philippines’ richest man Henry Sy, has once again bagged a major reclamation project. SM Prime has been awarded the P138 billion reclamation project in Cordova, Cebu. This is the company’s third reclamation project, after separate 300-hectare reclamation projects in Pasay and Paranaque. “Yes,…
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CEBU — The Provincial Board (PB) approved a resolution authorizing Cordova to undertake a P138-billion reclamation project through a public-private partnership arrangement. The resolution was authored by former Cordova mayor Arleigh Sitoy and seconded by PB Member Celestino “Tining” Martinez III. Arleigh said the project will be the biggest in the country, or five times…
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Forbes Magazine recently issued the roster of the 500 richest billionaires in the world. Six Filipinos, each with their real estate empires and interests, made it on the list. Take a look at the wealthiest tycoons in the country’s property sector: 6. DAVID CONSUNJI Net Worth: $4.1 billion Rank: 405th A civil engineer, Consunji serves…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
