According to a recent report published by the IADB, the LAC PropertyChain pilot shows that “complex property transactions can be sufficiently modeled, coded, and processed on a distributed blockchain network.”. The report goes on to explain how the technology can alleviate problems that currently plague real estate transactions in Latin America. STOCKHOLM, SWEDEN, February 01, 2023 – (SEAPRWire) […]
Tag: property
Cebu City collects over P1B in business, property taxes
THE Cebu City Government has collected more than P1 billion in business taxes since Jan. 5, 2023. City Treasurer Mare Vae “Ivy” Fernandez-Reyes said the city government collected P1.253 billion from business permit applications and business permit renewals and another P249 million from real property taxes. Payment of real property taxes (RPT) will be until […]
Iloilo City launches online payment system for property tax
PROPERTY TAX payments in Iloilo City can now be done digitally, the local government announced. In a post on its Facebook page, the city government encouraged property owners to use the site https://iloilocity.online/ to pay for their annual tax. “For Real Property owners in Iloilo City, you may now access the Web Portal for registration […]
High rates seen dulling residential market as investors favor office, industrial property
HIGH RATES are taking the shine off the residential market, with property investors expected to lean more towards office, industrial, and logistics projects, Colliers Philippines said. Paul Chua, director for capital markets and investment services of Colliers Philippines, said that although the residential sector has seen a recovery in the high-rise condominium segment in Metro […]
The best of the best real estate developers, projects prevail at 17th PropertyGuru Asia Property Awards Grand Final
BANGKOK, THAILAND, Dec 10, 2022 – (ACN Newswire via SEAPRWire.com) – PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today announced the regional winners representing the Best in Asia at the 17th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Leading Real Estate Companies of the World. — […]
House committee clears reform bill for real property valuation by LGUs
THE House committee on ways and means approved a substitute bill seeking to reform the real property valuation system to allow local government units (LGUs) to better sustain themselves via property taxes, with the bill calling for uniform valuation standards and an electronic database of all real property transactions. The still-unnumbered substitute bill replaces legislation […]
12th HKTDC Business of IP Asia Forum opens today
HONG KONG, Dec 1, 2022 – (ACN Newswire via SEAPRWire.com) – Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR), the Hong Kong Trade Development Council (HKTDC) and Hong Kong Design Centre, the 12th Business of IP Asia Forum kicked off today. The first day took place in person at the […]
Queensland Gold Hills Announces Acquisition of Mia Lithium Project in Quebec Hosting 8km Spodumene-Pegmatite Trend and Concurrent Private Placement Financing
Vancouver, BC, Nov 28, 2022 – (ACN Newswire via SEAPRWire.com) – Queensland Gold Hills Corp. (TSXV: OZAU) (OTCQB: MNNFF) (“Queensland Gold” or the “Company”) is pleased to announce that it has entered into an agreement with an effective date of November 21, 2022 (the “Purchase Agreement”) with 9219-8845 QC Inc., a private Quebec company dba […]
Millennials, zoomers seen to lead property sales in 3 years
CAROUSELL Philippines expects millennials and those belonging to the “Generation Z” demographic to lead property sales on its online platform in the next three years. “In the next three years, we are foreseeing them to become aggressive when it comes to property selling. It’s also related to the stages of their lives and the current […]
IPOPHL says Quezon City posted highest intellectual property filings in 2021
QUEZON City in the capital region Metro Manila had the most intellectual property filings in 2021, the Intellectual Property Office of the Philippines (IPOPHL) reported on Tuesday. In a statement, IPOPHL said Quezon City posted 7,609 IP filings and registrations last year, followed by Manila City at 4,980, and Makati City at 4,082, both also […]
Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2022
HONG KONG, Nov 12, 2022 – (ACN Newswire via SEAPRWire.com) – Grand Ming Group Holdings Limited (the “Company” and together with its subsidiaries, the “Group”, stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2022 (“FH 2022/23”). Highlights— Revenue amounted to HK$4.92 billion, an increase of 7.4 times from […]
Property top investment choice of overseas workers deployed to UAE
ABOUT 80% of overseas Filipino workers (OFWs) deployed to the United Arab Emirates (UAE) expressed interest in placing investments in the Philippines within the next 12 months, with property the preferred repository for their excess funds, according to the results of a survey released on Thursday. The survey, commissioned by the New Perspective Media Group […]
Property valuation reform seen unlocking housing potential, firming up LGU finances
By Luisa Maria Jacinta C. Jocson, Reporter THE reform of the property valuation system and the digitalization of records is expected to drive growth in the housing industry, while simultaneously boosting the revenue of local governments through higher property tax assessments, economists said. “This is consistent with addressing the housing backlog of about 6.5 million […]
Primeworld Land bags recognitions in this year’s property awards season
Primeworld Land Holdings, Inc. enjoyed the property awards season this year, having won various recognitions for their achievements in the real estate scene. Three prestigious award-giving bodies, including the PropertyGuru Philippines Property Awards, The Outlook by Lamudi, and the Dot Property Philippines Awards, feted Primeworld as a developer and for its projects. Primeworld bagged its […]
Philippine Industry Body Launched for Stronger Content Protection and Anti-Piracy Efforts
MANILA, Sep 29, 2022 – (ACN Newswire via SEAPRWire.com) – Today, leading Philippine industry players including, Globe, GMA Network, Inc., Cignal TV, Inc, KROMA Entertainment and Smart Communications, Inc, joined hands with the Asia Video Industry Association’s (AVIA) Coalition Against Piracy (CAP) to announce the formation of the Video Coalition of the Philippines (VCP). The […]
Fulcrum Global Rebrands VZ Properties to NEXIS Property, Continues to Deliver First-Rate Asset Management Services to Customers
HONG KONG, Sep 8, 2022 – (ACN Newswire via SEAPRWire.com) – Fulcrum Global (Hong Kong) Limited (“Fulcrum Global” or “the Group”), a premier platform for international property investments, is pleased to announce that the trading name of its wholly owned subsidiary VZ Properties / V Properties UK will be changed to NEXIS Property (“NEXIS”), effective […]
Megaworld set to open second hotel in Cebu
PROPERTY giant Megaworld Corp. is set to open its second homegrown hotel development inside its 30-hectare Mactan Newtown development in Lapu-Lapu City by fourth quarter this year.The 20-story Belmont Hotel Mactan will be the 12th hotel property of Megaworld Hotels & Resorts, the country’s largest operator of homegrown hotel brands.It will have 550 guestrooms and […]
WIKA Books Sales of Rp7.18 Trillion in Q2-2022
JAKARTA, Sep 2, 2022 – (ACN Newswire via SEAPRWire.com) – PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] successfully booked a gross profit of Rp627.24 billion in Q2-2022 or 14.8% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 June 2022. This figure was supported by the […]
Shimao Services recorded revenue of RMB4,265.7 million with contracted GFA increased to 333.1 million sq. m.
EQS Newswire / 01/09/2022 / 16:10 UTC+8 Shimao Services recorded revenue of RMB4,265.7 million with contracted GFA increased to 333.1 million sq. m. On 31 August 2022, Shimao Services (873.HK) released the interim results of 2022. In the first half of 2022, Shimao Services recorded revenue of RMB4,265.7 million, representing a year-on-year increase of 12.9%. […]
REDSUN SERVICES’s 2022 Interim Profit Attributable to Equity Shareholders Increases 15.8% to RMB69.3 million
HONG KONG, Aug 23, 2022 – (ACN Newswire via SEAPRWire.com) – Redsun Services Group Limited (“Redsun Services” or the “Group”), a fast-growing comprehensive community services provider with a strong presence in the Yangtze River Delta region, has announced its interim results for the period ended 30 June 2022. The Group reported collaborative development in its […]