News

Nearly 20% of homes in Cebu are being purchased by retirees

The real estate market in Cebu is experiencing a significant boom, attracting both local and international investors. With its favorable climate and welcoming community, Cebu is increasingly popular among expats and retirees. The island offers a variety of property options, from luxurious beachfront condos to affordable suburban homes, catering to diverse preferences and budgets. B...

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Affordable housing units in Cebu under PHP 2 million comprise 18% of the current market inventory

In 2025, Cebu's affordable housing market is shaped by key factors from recent years. Back in 2023 and 2024, there was a strong push to meet the housing needs of low- and middle-income families. This effort was largely due to the growing affordability gap and the rise of informal settlements, as noted by the Triple Line Consulting report. The focus was on creating more access...

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At least 70% of residential properties in Cebu are bought with housing loans

In Cebu, over 70% of residential properties are bought using housing loans. This trend is driven by the growing demand for housing as Cebu's population continues to rise. With more people moving to the city, the need for new homes is increasing, pushing many to seek financial help through loans. Single-detached houses and condominiums are popular choices, but they often co...

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A three-bedroom house in Cebu’s suburbs costs PHP 8-12 million on average

Cebu's real estate market is on the rise, with property prices climbing steadily. Thanks to improved infrastructure and a booming business scene, Cebu is becoming a hotspot for property buyers. The city's growing tourism industry is also playing a big role, driving up demand for housing. This means that if you're considering buying a property here, you're not alone—ma...

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Pag-IBIG Fund released P77.33B in home loans for August 2024

Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94 billion released during the same period last year. This achievement marks the highest home loan release for the January to August period in the Fund’s history, surpassing same period figures from previous years and underscoring Pag-IBIG Fund&...

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Pag-IBIG Fund’s assets breached P 1 trillion

Pag-IBIG Fund reached new heights as the agency breached the P1-trillion mark in Total Net Assets in August 2024, reflecting a 14% growth versus September last year. The growth is largely driven by higher net revenues, increased member savings, and strategic management of its investment portfolios, top officials announced. “We have just celebrated the National Shelter Month and we are pro...

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