Latest News & Updates

Latest News & Updates (20)

 wyndhamcondo

The world’s largest hotel franchise is building its first condotel in the Philippines, a P1-billion project in Quezon City aimed for completion in late 2021, according to a top official.

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Quezon City, as the benchmark city for the Philippines for ease of doing business, was visited and interviewed by World Bank assessment team members, along with International Finance Corporation consultants, and the Department of Trade and Industry on May 3, 2019.  The Bank’s specialists were Frederic Meunier and Eknath Varun.  This review, which also includes several other national agencies, is to verify information regarding the Philippines for the World Bank Global Ranking on doing business in different cities of the world. 

utilities
Quezon City Mayor Herbert M. Bautista and officials of Meralco, Manila Water and Maynilad signed on April 16, 2019, the Memoranda of Understanding (MOUs) which committed the local government and the utilities companies to faster and easier processing systems for excavation permits for water utilities connections and electric pole installations in the city. Trade and Industry Secretary Ramon Lopez, who is also the chai of the Anti-Red Tape Advisory Council, and MWSS Vice Chairman Police General Reynaldo V. Velasco.

 qc lra kiosk

April 16, 2018. Mayor Herbert M. Bautista and Land Registration Authority (LRA) Deputy Administrator Robert Nomar Leyretana, CESO II, signed today, a Memorandum of Understanding that will enable the LRA to establish a service kiosk at the Quezon City Tax Payers’ Lounge to receive and process requests for the issuance of LRA-approved certified true copies of certificates of title.

qc agrees simplify transactions
The processing of excavation permits is expected to be faster, after the signing of a memorandum of understanding between utility firms and the Quezon City government.

 

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THE property unit of DMCI Holdings, Inc. is planning to develop more residential condominiums in Quezon City, as it expects housing demand to be driven by government infrastructure projects.

 

 subway
photo credits: Rappler

Real estate services firm Colliers says both developers and the government should take advantage of opportunities arising from the construction of the Metro Manila Subway

MANILA, Philippines – The planned Metro Manila Subway is expected to boost real estate prices in Quezon City, with both the private sector and the government to benefit, according to Colliers International Philippines.

In a statement last Tuesday, February 26, the real estate services firm said values of both land and properties are seen to increase in the near to medium term.

 

 herberbautista2

Quezon City has been hailed as the country’s new Health and Wellness Tourism Capital, based on an ordinance signed by Mayor Herbert Bautista.

 

commonstationlrt mrt

courtesy of PHILSTAR

THE government signed on Wednesday an agreement with a contractor tasked to build the last component of the so-called Unified Grand Central Station — previously known as the common station for the Metro Rail Transit (MRT) and Light Rail Transit (LRT) lines, with the station due to open in late 2020.

 

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All business owners and operators in Quezon City are now exempted from audit and examination of their books of accounts from 2016 to 2018, given that they will voluntarily pay 30 percent higher than their previous year’s local business tax (LBT) payment.

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