A Site Development Plan, or SPD, is a comprehensive planning document used to evaluate whether development on a property has been prepared consistently in terms of occupancy, building size and placement, site circulation and parking, construction materials, landscaping, and public amenities. The plan, which includes all of the above components, is part of a planning […]
The Asian Development Bank, the largest multilateral source of development financing for Asia, has recently published its update on the “Asian Development Outlook” (ADO 2021). The ADO 2021 includes data and projections to 2022 with some good news for the Philippines, despite recent concerns. Experts believe the country is well-positioned to rebound from its economic […]
The zero trust architecture is a security model based on the assumption that any device connected to the network may be hostile and therefore cannot be trusted. The model promotes the use of multiple barriers between sensitive data and possible threats. Artificial intelligence (AI) provides additional security layers due to its high detection rates, low […]
Prior to the pandemic, the Philippines had one of Asia’s fastest expanding economies, with significant investments in infrastructure as with airports and power grids, all of which are critical for long-term economic development. And one of the primary driving forces behind this is the role of the President of the Philippines. The majority of those […]
Many are astonished by the Park family’s famous home in the award-winning 2019 film Parasite. The fictitious starchitect who designed the house is Architect Namgoong Hyeonja. In fact, it is a work of art by Lee Ha-jun, the film’s production designer, and the brainchild of Bong Joon-ho, the filmmaker. With unexpected storylines, the film offers […]
President Rodrigo Duterte signed legislation to streamline and reduce the procedures for issuing deeds including imperfect titles for agricultural lands. A complete legal transfer of property in real estate entails not only a physical transfer but also a clear transfer of title. If the property has any flaws or other encumbrances, the seller cannot legally […]
Previously, “fire sales” were defined as the discounted sale of smoke-damaged assets as a result of a fire. At the moment, fire sales pertain to the purchase and sale of properties at drastically reduced prices. Transactions are usually completed quickly and without incident. Given the pandemic’s severe economic impact, it’s no surprise that fire sales […]
In 2018, the Philippines ranked 19th globally in the Medical Tourism Index. It was ranked sixteenth in the medical tourism industry and nineteenth in terms of facility and service quality. What was once thriving industry is now struggling to stay afloat in the face of the pandemic. Will the medical industry in the Philippines be […]
Transportation infrastructure encompasses a wide variety of technological improvements that have helped to streamline the delivery of goods and services. Freight transport, as well as passenger transportation, have experienced significant advancements in recent years. The Internet has further facilitated improvements in freight transportation by providing logistics providers with the ability to monitor their clients’ logistics […]
With the launch of the so-called water jeepneys, it is now possible to travel between Manila and Cavite in 15 minutes to an hour. A typical land trip can take up to three hours one way, depending on traffic conditions. The Department of Transportation‘s (DOTr) Secretary Arthur Tugade and the Maritime Industry Authority are currently […]
From the first known written building code in 1758 BC to the national building codes currently implemented in various countries globally, building codes have evolved as growing demands in the building industry arise. Nonetheless, all codes, including the National Building Code of the Philippines, have their objectives remain the same. It is to assure the […]
If you are considering entering into an assisted living development project, it may be helpful for you to understand what an assisted living home is and why it is more important than you might think. There are a wide variety of assisted living facilities available in the Philippines and around the world. Most facilities are […]
PPSA or Personal Property Security Act In The Philippines Republic Act or RA No. 11057 also referred to as the Personal Property Security Act (PPSA) is an important law for establishing, monitoring, and registering security from personal properties in the Philippines. According to this law, the government will ensure that the proper steps are taken […]
Starting Your Own Real Estate Business If you have been thinking about starting your own real estate business, there are some basic tips that you will need to follow. In this article, you will learn what it takes to become an entrepreneur and how to start a real estate business. You will also discover what […]