The Kuok Group’s Shang Properties Inc.’s newest residential developments helped lift first-half earnings, suggesting demand for its luxury projects has remained resilient despite a more challenging property market.
The government should accelerate the issuance of Licenses to Sell (LTS) for residential projects as approval delays threaten to limit housing supply in markets where buyer demand remains strong, according to Colliers Philippines.
Megaworld’s MREIT is set to become a P122-billion real estate investment trust after approving a P27-billion property infusion, its biggest asset infusion to date and the largest announced by a Philippine-listed real estate investment trust this year.
SM Prime Holdings Inc. is lining up more than 20 major concerts, sports events and live productions at the newly launched SM Seaside Cebu Arena in 2026, betting on Cebu’s growing role as a destination for live entertainment.
Ayala Land Inc. and Eton Properties are entering the next phase of their Parklinks township, betting a 69,000-square-meter shopping mall opening in 2027 will transform the estate into a major commercial hub along Metro Manila’s eastern corridor.
Megaworld Corp. has raised P5.6 billion by selling shares in MREIT over the past four months, using the proceeds to fund its next wave of township developments while preparing another major expansion of its real estate investment trust.
Philippine property developers are preparing for another difficult stretch after shelving projects and scaling back launches, with little in the current economic backdrop suggesting a meaningful recovery before 2027.