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Just like in Metro Manila, the Cebu office market, in particular in the cities of Lapu–Lapu, Cebu and Mandaue, is heavily driven by the business process outsourcing (BPO) industry. According to a recent study by Pinnacle Real Estate Consulting Services, there are more than 120,000 employees i
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HOUSING projects in Central Visayas have reached P16 billion this year. Preliminary data from the Housing and Land Use Regulatory Board (HLURB) showed that from January to Dec. 2, 2016, there were 58 new subdivision and condominium projects issued with Licenses to Sell in the region. These projects
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PROPERTY firms should do their homework and study the Cebu market to remain competitive. Jojo Salas, research director at Pinnacle Real Estate Consulting Services, Inc., gave this advice to property developers as he described Cebu’s property market to have reached its maturity and that the ch
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THE Metro Cebu low-cost housing sector may present further growth opportunities as gaps in an otherwise matured market remain unfilled, a real estate consultancy firm said. The residential property market has reached its maturity due to the development in the past few years, but it doesn’t me
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RETAIL spaces in Cebu are experiencing growing vancancy rates in the recent years, a market study revealed. Pinnacle Real Estate Consulting Services Inc., in its Cebu property market report, said retail spaces since with 2013 was at a low of 2.55 percent. This dipped to just two percent in 2014. It
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THE industrial market holds the biggest potential in Cebu’s property business as demand goes up, yet the present supply continues to be limited. The analysis came from Pinnacle Real Estate Consulting Services, Inc. in a Cebu market report presented to local property stakeholders last Tuesday
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CEBU CITY—Pinnacle Real Estate Consulting Services Inc. (Precsi) officially launched on Tuesday its regional office here to further capture the booming property market, which, in turn, could help the company achieve its target of a 40-percent revenue hike by 2017. Precsi President and Managin
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CITING the “continuous robust growth in our economy and flourishing real estate market,” property services firm Pinnacle Real Estate Consulting Services Inc. announced it will open an office in Cebu, its first outside Metro Manila. “Based on our latest market insight report, Metro
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Homebuying today has never been so easy, thanks to technology. And ZipMatch firmly believes that it’s not only the homebuyers who benefit from the latest innovations in technology, but also the real estate professionals – both beginner and veteran – who now get to wor
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It is a big relief to know there are still many in the business sector who believe President Duterte and his tough campaign against illegal drugs is good for business. In its third quarter report, Pinnacle Real Estate Consulting Services noted that while the President has intensified his anti-illeg