2019

One Serendra is considered as the best and most high-end cluster of condominiums in the entire Bonifacio Global City. Considering its distance to the Manila International School (the most expensive school in the Philippines) and the top-notch security within the property grounds, One Serendra is the default choice of home for many multi-national company executives, International bankers and high-net worth...

So, here we are. 10 years after the  Real Estate Service Act of 2009 (R.A. 9646) became law, we, the citizens of the Republic of the Philippines, finally have a memorandum from the government, requiring ALL real estate brokers to have a written Authority To Negotiate For Sale or Authority To Sell real estate properties. It took one decade, but its better late than never. Does this memorandum have...

Great news to the industry! The Department of the Interior and Local Government has published Memorandum Circular Number  2019-86 last 04 June 2019, reiterating to all City Mayors, Municipal Mayors, Punong Barangay (Brgy. Captains), DILG Regional Directors, DILG Field Officers and all other government employees and officials about the strict implementation of Republic Act 9646 or The Real Estate Service...

It's finally here! PhilStar has reported that Ayala Land has filed for a REIT company registration with the Securities and Exchange Commission. This is news is huge in terms of its potential impact; this signals the beginning of a new phase in the maturity of the Philippine real estate industry. Once Ayala Land succeeds in registering/converting as a REIT company, other real estate developers and...