News

Dusit Thani Mactan eyes more Japanese tourists

Dusit Thani Mactan Cebu Hotel, a luxury resort owned by Robinsons Hotels and Resorts, is optimistic about the resurgence of the Japanese market as a top source of tourists, according to a report by BusinessWorld. “We always know that Korea is our top market here in Cebu because it has the most number of direct flights coming from different parts of Korea. But as for Japan, before it...

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DMCI Homes hiring over 1,000 skilled workers for Cebu project

DMCI Homes, the Philippines’ first Quadruple A real estate developer, is hiring over 1,000 skilled workers for its first residential condominium project in Cebu City, Kalea Heights.  The company is looking for construction workers, engineers, architects, accountants, sales agents, and office staff as it sets up operations in the Queen City of the South.   “We are c...

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Pag-IBIG Fund releases P130-billion housing loans in 2024

More Filipino workers realized their dream of homeownership in 2024 as Pag-IBIG Fund released P129.73 billion in home loans to finance the purchase and construction of 90,616 homes for its members, officials announced Wednesday, Feb. 12. “Pag-IBIG Fund has once again demonstrated its commitment to helping Filipino workers secure their own homes,” said Secretary Jose Rizalino L. Acuz...

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DMCI Homes confident in housing demand amid industry challenges

Despite industry challenges, Quadruple A developer DMCI Homes remains optimistic about the real estate market, emphasizing that housing remains an essential need for many Filipinos. DMCI Homes President Alfredo Austria said that as new families and households continue to emerge, the demand for quality housing persists.  “Every year, thousands of new families are formed, and new ho...

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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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