Realty By JM

Salt and Light of Philippine Realty

Transpacific Partnership Setback? The Fair Competition Act Explained.

ICYMI

Here is a brief explanation and update on the Philippine Fair Competition Act. Let me just tell in advance Pres. Aquino did not change his stand on Foreign ownership restrictions in the Constitution. It is just there are high rank officials who think relaxing said restrictions is necessary in commencing the Transpacific Partnership. Learn more in the video below.

Do you think this non-resolution is a setback? Are you for or against relaxing Foreign Ownership restriction? Is the Philippines ready for this level of competition?

Source: ANC (http://www.abs-cbnnews.com/video/business/06/15/15/what-fair-competition-act)

Filed under: LAW, , , , , , ,

CBRE’s Market View of Metro Manila for the 4th Quarter of 2011

http://cbre.com.ph/Local-Publications/Metro%20Manila%20MarketView%204Q2011.pdf

Quick Stats

GDP Growth (4Q2011) 3.7%
GNI Growth (4Q2011) 3.5%
Forex (Feb‘12) wtd avg. PhP42.66: US$1
91-Tbill (Mar’12) 2.148%
5-year Tbond Rate (Jan ‘11) 4.674%
7-year Tbond Rate (Feb’12) 5.00%
Inflation (Feb’12) 2.70%
Phisix (29 Feb’12) close 4,897.65

Hot Topics:

• Low office vacancy rates sustained on the back of strong expansionary demand
• Demand for luxury condominiums supported by growth in expatriate population
• High consumer spending spurs further expansion of retail brands
• Lease rates stable on the back of weaker export demand

Filed under: Real Estate, , , , , , , , ,

Realty Weekly (03.23.12)

A short guide to furnishing your rental condo unit

British Embassy lays ‘green’ path for sustainable growth

Pro•Friends continuously improving, transforming lives

Refreshing summer at Summit Ridge

Lucio Tan’s Forbes inclusion boosts Eton

Filinvest Land profit flat; core income up 21%

Villar questions before SC new reclamation project

HLURB OK’s Cotabato City land use plan

House OKs nationwide cadastral survey

Email Exchange : Member’s ID Number, Reservation Fee, Etc

SM Prime opening 4 new malls

Federal Land targets to double sales this year

Budget hotels invade travel

New Ayala mall in CdO 66% leased out

SM unit preps for next phase of Hamilo

UnionBank’s 183rd foreclosed properties auction (Metro Manila & Luzon) slated on March 24, 2012

Bitong family refutes BIR charges

World Bank Says Philippines Must Boost Revenue, Competitiveness

PRC I.D. Printing Schedule to Normalize Soon

Bloomberry pushes ahead with Manila project

HGC to release titles to homebuyers

Mall of Asia hopes to attract BPOs, shipping companies

New golf clubhouse to emerge in Clark

Philippine real estate supplies market demand

DMCI Homes sees 20% growth

ALI to spend P60B in the next five years for Makati redevelopment

Mövenpick Hotels & Resorts to manage magical Huma Island

A new high at St. Bernice Estates

CIPS course gathers realty leaders ‘under one roof’

Keyland Corp. commences Casa de Sequoia project in Las Piñas

New mall rejuvenates Chino Roces area

Woodsville Residences: A testament to Southern comfort

Celebrating South Forbes

Raffles Residences Makati caters to affluent travelers

Preparedness and opportunity converge in SOC Land’s Anuva

Boracay’s newest iconic landmark

Filed under: Real Estate, Realty Weekly, , , , , , , , , , , , , ,

Realty Weekly (09.03.12)

The Blue Dolphin Resort

Keeping Our Homes Safe From Fire this Month

Summer Getaway

Condo Buyers Encounter Woes in the Philippines

RCBC Bank’s Foreclosures

Developer: No Squatters in Camp John Hay

Century Properties Eyes Hotel Development

HUDCC, NHA okay purchase of properties for ‘Sendong’ victims

Congratulations to the latest batch of Philippine Real Estate Appraisers

High House Finance Rates Pushes Sales

Alliance Global allots P35B for capex, eyes 20% growth

Robinson’s Land Corp. eyes 30 budget hotels

Visayas and Mindanao Foreclosed Properties by Unionbank

Moldex Challenges the Big Boys

Robinson’s Land Corp Expands its Mall Presence in the Philippines

Century Properties Pre Sells 20% of Condo Project

Unimpeachably South Forbes!

Robinson’s Land Corp Opens its 30th Mall in Calasiao, Pangasinan

Investing in Sorrel Residences makes you a winner in every sense

DMCI Homes’ Arista Place: Living in the lap of resort-style comfort

Property, facility managers play crucial role in facing environmental challenges

Lagoon enhances the natural beauty of The Arborage at Brentville

Filed under: Real Estate, Realty Weekly, , , , , , , , , , , , , , , , , , , , , , , , , , , ,

PRC Advisory: For Real Estate Appraisers

February 2012 Real Estate Appraisers – Approved Resolution for Registration Without Examination of Real Estate Service

Registration for the issuance of Certificate of Registration and Professional Identification Card (ID) will start on March 8, 2012 but not later than March 23, 2012 at the Registration Division Ground Floor Unit C, Window 27. The Oath taking ceremonies of the Real Estate Service practitioners for Consultants, Appraisers and Brokers, to be held on April 18, 2012 at the Fiesta Pavilion, Manila Hotel, One Rizal Park, Manila at 1:00 o’ clock in the afternoon. Those who were included in the prior approved resolutions may opt to attend the oath taking.

For the complete list, click here.

Filed under: PRC, Real Estate, , , , , , , , , , , , , , , , , ,

Budget Transparency in the Philippines?

At the end of this month the Philippine government, particularly the Department of Budget and Managemet, will launch a website called “Budget ng Bayan” (Budget of the Nation)Its purpose is to inform users where all the taxpayer‘s money are going.

I just hope and pray that the Philippine Government will be truly transparent when it posts their government spending. People can only view what is approved by the editor. And when this website is up and running, how can we be sure that everything in it if for real?

What are your thoughts? Will you now eagerly pay your taxes when you know where exactly your money is going? Or is this website another waste of taxpayer’s money? Will there ever be complete and honest budget transparency in the Philippines?

To read the full article, click here.

Filed under: Website Launching, , , , , , , ,

Realty Weekly (17.02.12)

A Successful Lawyer Finds Fulfillment in Realty Development

Awesome Pro-Friends Developments in Iloilo

Safe, Secure Condo for Children

1 Condo Unit Sold for Every 8 Minutes

Squatters Invade Lingayen Beaches

No Lessee Shall Violate Environmental Laws in Camp John Hay Complex

SMDC Thinking of Getting in to BPO Developments

Landco Sales Up by 20%

Four Developers Interested in Ortigas Property

PRC’s Approved Resolution for Real Estate Service Practitioner’s Registration Without Exams For February 2012 is Out

Rockwell Land Redies Listing For Local Bourse

San Miguel Corp. is Owner of Malinta Estate

Property Boom in The Philippines Predicted!

Eton Properties to Turn Over 2,000 Residential Units This Year

SMDC Claims Top Spot In Condo Sales

Philippine Lender Buying Developer Stocks

Ortigas & Company Allots 3B for Residential Project in San Juan

Ayala Land Increases their Capital Expenditures

Is Megaworld Still Top Developer?

Megaworld Reported a Drop in Sales for 2011

Real Estate Firm Ordered to Pay QC Government 7M

PAG-IBIG Financing: How to Transfer Land Titles Under Your Name

Megaworld, PNB Make Condo Payments Easier

New Wilcon Depot Endorsers

RP Residential Market will Perform Well on 2012 – CBRE

Nature’s Elements in Eco Friendly Environments

Story on Viridian’s Groundbreaking

Birch Tower’s Last Beam Finally in Place

Marquee Residences Makes A Mark Up North

Here’s Another Article Regarding South Forbes Golf City

Camella Redefines Suburban Living in Dos Rios

DMCI Homes’ Maricielo Villas: Living the Vacation Lifestyle

Century Properties Eyes Infusion from Dutch Firm

Featured: Foreclosed Townhouse for Sale in Sancho Villas, Varsity Hills Subdivision, Quezon City

Filed under: Real Estate, Realty Weekly, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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