Despite the presence of transplanted big city malls, Parkmall in the Mandaue Reclamation Area in Cebu continues to keep its competitive edge. Parkmall launched a three-year redevelopment agenda, the first phase of which is the construction of an expansion project beside the PUV terminal since December 2015.
Jones Lang LaSalle (JLL) Philippines has highlighted the importance of research in this vast-changing landscape of the real estate industry when the tiniest movement can have a huge impact on developers, investors and buyers. When pricing changes, market movements and competitive checks are not observed or carried out, the results can be very detrimental.
The Reserve Bank of New Zealand (RBNZ) will undertake a cost-benefit analysis of imposing debt-to-income (DTI) limits aimed at cooling down a red-hot housing market, New Zealand’s finance minister said on Wednesday, though it is unlikely DTI measures will be used this year. The RBNZ has been lobbying the government for months to get permission to add DTIs to its macroprudential arsenal to combat the country’s “excessive” house price growth in a low interest rate environment - while simultaneously attempting to meet a minimum inflation target.
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