2015

Araneta Center: A Flourishing Mixed-use Complex in Quezon City

The Araneta Center is a 35-hectare commercial property owned and currently being redeveloped by Araneta Center Inc. into a mixed-use area in Cubao, Quezon City. It is master planned to be a place wherein numerous retail, entertainment, corporate offices, hotels, and residential developments will be.…

PH still a bright spot amid weakening global growth – Savills

London-listed real estate group Savills has reported in its latest Asia Pacific Investment Quarterly (APIQ) Q3/2015 that the Philippines' performance remains strong amid the weakening growth of the global economy, further boosting the property market. According to Michael McCullough, Savills associ…

Vertis North: An Accessible Business and Lifestyle District in QC

As Quezon City's premier business and lifestyle district, Vertis North is Ayala Land Corporation's new 29-hectare mixed-used development, strategically located beside Trinoma complex, at the northern tip of Quezon City. It is the convergence point of commuter rail lines and bounded between major roa…

SM Mall of Asia Complex: The New BPO Hub of Bay City

SM Mall of Asia Complex is a 67-hectare landmark on the west of Roxas Boulevard in Pasay City, also called "Bay City". The development is owned by the Philippines' biggest mall owners and developers, SM Prime Holdings. This development was envisioned to be a prime residential, retail, commercial,…

Metro Manila office market sees highest recorded take-up in third quarter

Premium and Grade A office space take-up in Metro Manila's main business districts (CBDs) continued its acceleration during the third quarter of 2015 despite high amount of new supply due to strong pre-leasing activity, according to the most recent Office Briefing published by Savills international …

Retail Therapy: Christmas Shopping in Makati

Christmas is just around the corner, and around this time of the year, Makati is a myriad of attractions for holiday shoppers and merrymakers. It's the busiest business center in the metro by day, but at night, the CBD turns into a holiday spectacle of its own. Colorful lights and holiday decoration…

Madrigal Business Park: A Premier Center for a Wide Variety of Activities

The Madrigal Business Park is an old mango orchard dramatically transformed and developed by the Ayala Land Corporation into a bustling business hub located in Muntinlupa City within the Ayala Alabang district. This 27.34-hectare property is situated 2 kilometers away from South Luzon Expressway (SL…

Tiger Resort Entertainment Complex: A Luxury Retail Experience Unlike Any Other

With private consumption as one of the main drivers of the Philippine economy, it is no surprise that more and more international retailers are now seriously looking into locating in Manila. One such development is Tiger Resort Entertainment Complex, an impressive US$2 billion investment on 44 hec…

Retail Therapy: Christmas Shopping in BGC

You're on a hunt this holiday season. Your mission? To find the perfect gift for your family, friends, and even your co-workers. If you want to find more than just the best presents but also have a unique shopping experience, visit the hippest block in the metro today. Explore BGC's most exciting re…

Top 5 Christmas Decor Ideas for Your Condo This Holiday Season

Christmas is just around the corner, and like everybody else, you'd want to keep the holiday cheer in your condo unit alive. But how can you do that if your living room doesn't allow for an 8-foot Christmas tree? Well, with a little bit of creativity, you can give your condo that festive vibe and ma…

NCR Road Advisories for the Coming APEC Leaders’ Meet

This coming November 18-19, 2015, the APEC Leaders' Meet will be held in Manila. The Philippine government has also announced the dates as special non-working holidays which means that most will be out and about the metro or on their way out of the country's capital for a quick holiday. Rerouting sc…

Eastwood City –The Philippines’ First Cyberpark

Eastwood City is an 18-hectare commercial and residential development located in Quezon City, Philippines. It was launched in 1997 and is developed by Megaworld Corporation. This urban economic zone for information technology (IT)-driven companies has already completed luxury residential condominium…

Capitol Commons: A Live-Work-Play Environment in Pasig

Capitol Commons is a 10-hectare mixed-use development situated in Pasig, Metro Manila. Ortigas & Company, the same developer behind Ortigas Center, brought this site to life, which features Pasig's first high-end shopping center, Estancia at Capitol Commons. It has 30,000 square meters of leasab…

Davao Office Market Update

Davao is turning itself into an even sweeter spot for BPO ventures and foreign investments, catching up to the top outsourcing and offshoring destinations in the country. As Metro Manila quickly fills to the brim and runs low on premium-grade office supply due to the constant high demand, the city…

Century City: The Newest Business Hub of Modern Makati

Century City in Makati is a 3.4 hectare mixed-use development land owned by Century Properties. Located on Kalayaan Avenue, it is only few blocks away from Rockwell Center and A Venue. The development is south of Mandaluyong City and near Pasig River. As an upcoming business hub, Century City fea…

Alabang Office Market Overview

From a farming village, Alabang has been groomed into a booming commercial center in the south after its development in the late '90s. High-end real estate projects in the area such as the Alabang Commercial Center and Filinvest City helped shape it into a business district. With a good number of sh…

Cebu Office Market Remains Attractive With Significant Upcoming Supply

The Cebu office market continues to remain attractive for locators who consider the district as a secondary or even primary site. This is evident in the fact that vacancy rates are less than half compared to the first quarter, down to 2% from 5%. A solid uptake of 26,808 sq m is one reason but the l…

An Overview of the Asian Cities: Manila Office Report for 2H 2015

KMC MAG Group and its international associate, Savills, has just released its bi-annual Asian Cities Report for Manila Office. The report, which covers the second half of 2015, features key market updates on the local office sector. Strong Economic Fundamentals Continue to Support Industry Growth …

A Beginner's Guide to McKinley Hill

Mckinley Hill is one of the fast-developing leisure sites in Taguig City in Bonifacio Global City. Developed by Megaworld, its Venetian gothic architecture makes it stand out among other leisure spots in the Metro. It is a mediterranean-inspired venue for families, friends and colleagues. This 50-h…

Aseana City: Rising Microdistrict in Paranaque City

The Bay City has seen rapid developments over the years, as major developers have seen the potential of the area for residential, retail and commercial opportunities. One of them is Aseana City, a master-planned community in Metro Manila. Built by Aseana Holdings Inc.,, this township has seen a tr…

Building Feature: Solemare Parksuites

Anchor Land Holdings, Inc., a growing player in the Philippines real estate industry, marked their first investment in the ASEANA Business Park by opening Solemare Parksuites, a Class B residential condominium with 3 floors of office space. The Solemare Parksuites is located in the Bay Area of the…

KMC Holds Property Briefing for Q2 2015

KMC MAG Group held its Property Briefing for the second quarter of 2015 at the Makati Shangri-La last September 3, 2015, discussing this year's real estate market outlook. KMC Managing Director Michael McCullough talked about the current trends, challenges and strategies in the Metro Manila and Ceb…

Improved Connectivity to Further Boost PH Tourism

From the visit of Pope Francis to the APEC summit, the Philippines has played host to major international events in 2015; so much so that the Department of Tourism (DOT) has dubbed 2015 as the "Visit the Philippines" year because of the activities and projects in the pipeline that could possibly att…

Filinvest City: Flourishing Microdistrict in Alabang, Muntinlupa City

Filinvest City, a flourishing microdistrict south of Metro Manila, is home to multiple developments that cater to different sectors. Already a residential haven, leisure destination, learning and education zone, and medical and wellness hub, Filinvest City in Alabang, Muntinlupa sprawls over 244 he…

Building Feature: Accralaw Tower in BGC

Ascendas Pte Ltd, Asia's leading provider of business space solutions, marked the diversification of their portfolio in the Philippines by opening the Accralaw Tower back in November 2009. The Accralaw Tower is located within the E-square in Bonifacio Global City (BGC). This 26-storey building offe…

Building Feature: The Space in Cebu

As the Metro Manila market becomes more saturated, more and more investors are looking into setting up their business in the next wave cities, most especially Cebu. The Queen City of the South has been seen as the next business process outsourcing (BPO) frontier in the Philippines, as it ranked 8th …

Rapid urbanization key to the growth of the PHL property sector

As the Philippine economy enjoys a steady growth, the local real estate market, along with other sectors, is reaping the benefits of the positive outlook. In fact, in a speech by Secretary Arsenio Balisacan, Economic Planning Secretary and Director-General of the National Economic and Development …

Property developers tap next-wave cities, casinos for expansion; launch new shopping formats to cater to market demand

Property developers are expanding their portfolios to cater to the growing demands of the retail industry in the Philippines, according to the latest Asian Cities Report released by Savills. The Philippine retail market is reaping the benefits from the high gross domestic product growth, increased …

Top 10 Residential Listings - August 2015

Are you looking for a space to rent or buy in the vibrant neighborhoods of Makati City and Bonifacio Global City? Here are the top ten residential listings that we have rounded up to help you in your house-hunting needs. 2 Bedroom Unit for Sale or Lease at The Columns Ayala Ave Tower 3, Makati City…

Metro Manila Eager for New Office Supply

While high demand for office space remains, the lack of new supply has caused the low take-up during the first quarter of 2015, according to the latest Metro Manila Office Briefing released by Savills associate KMC MAG Group. "Net take-up of Premium and Grade A office spaces across all central busi…

Green Building Industry Leaders Gathered at the Kalikasan GP3 Expo and Conference 2015

Green Building industry leaders met for the Kalikasan GP3 Expo and Conference, organized by the Philippine Green Building Council, together with the National Ecolabelling Programme Green Choice Philippines on July 25, 2015 at the SMX Convention Center, SM Aura, Taguig City. KMC Managing Director Mi…

Industry experts converge in Cebu for 1st Property Summit

Experts from the Philippine real estate industry and business sector converged in the first Property Summit Cebu last July 17 at the Radisson Blu Hotel in Cebu City. Industry thought leaders gathered to share their insights to the attendees of the summit. Organized by Mediacom, in partnership wi…

Building Feature: J Centre Mall in Mandaue City, Cebu

J Centre Mall is one of Cebu's top retail destinations, located in Mandaue City. This 5-storey mixed-use building has PEZA-registered office spaces available for lease, suited for BPO locators in Cebu. Location Conveniently located along A.S Fortuna Street, a major thoroughfare in the province and…

Developers eye large-scale land deals to build future townships outside Metro Manila

Global property firm Savills recently released the Asia Pacific Investment Quarterly for the 2nd quarter of 2015, reporting significant updates on the real estate markets in the Asia Pacific region. For this quarter, Savills' international associate KMC MAG Group stated that the Philippines had hit…

Top 10 Residential Listings - July 2015

Are you looking for a space to rent or buy in the vibrant neighborhoods of Makati City and Bonifacio Global City? Here are the top ten residential listings that we have rounded up to help you in your house-hunting needs. Studio Type Condo Unit for Sale in Grand Soho, Makati City This studio type b…

Building Feature: Jackman Plaza I.T. Center located in Quezon City

Given the recent move of the government to improve infrastructure and build a centralized transportation hub in Quezon City, setting up shop in this fast-growing business district is a good opportunity for any company who wants to be at the heart of business activities in the metro. For companies l…

EastWest Bank New Manila to Move to AAP Tower

First row (L-R): Mr. Renato Sampang, EastWest Bank VP Central Branch Operations Division, Mr. Augusto Lagman, AAP President, Mr. Jacinto Mantaring, AAP Director Second Row (L-R): Mr. Yves Luethi, KMC Vice President, Mr. Adonis Dela Cruz, EastWest Bank Manager for Branch Expansion Section, Ms. Shiel…

Featured Upcoming Township: Alabang West

Alabang West, Megaworld's 15th township in its portfolio, is set to showcase a posh living experience in Las Piñas City, south of Manila. Together with tourism and leisure project developer, Global Estate Resorts, Inc., Megaworld is set to develop this masterplanned 62-hectare prime property near th…

Greenfield District: A Vibrant Neighborhood in Mandaluyong City

The Greenfield District along EDSA and Shaw Boulevard in Mandaluyong City provides city dwellers a comfortable lifestyle in state-of-the-art buildings surrounded by green environment. Developed by Greenfield Development Corp., this 12.8-hectare masterplanned community offers single young profession…

Why Should You Consider Doing Business in Aurora Boulevard, Quezon City?

Setting up your office or shop in a good location can determine the success of your business. While many have shied away from the high rates and congested sites in the major central business districts in Metro Manila, many companies are attracted to investing in Quezon City office and commercial spa…

Financial Health of the Philippines

No longer behind the shadows of Asia's economic tigers, the Philippines has gained a steady footing in recent years as it transitions into an economy now based on services and manufacturing instead of just relying on agriculture. It hasn't been any easy climb but it has been a steady one thus far, f…

KMC Sunset Sessions at The Palace Pool Club

Last Friday, June 19, KMC hosted a party for our clients for their continuous patronage. It was attended by over 100 guests, including some internal staff for both KMC and KMCS. The Palace Pool Club Starting the party early with these early birds. Lovely ladies of KMCS. Our very own N…

The Future of REIT in the Philippines

When the Real Investment Trust Act (Reita) finally became a law in 2009, the creation of an REIT system in the Philippines was considered to be a huge step, as it plays catch up with the rest of the world. With this investment scheme, it could unlock real estate values and even develop capital marke…

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