Real Estate in Cebu City a Booming Business

Real Estate in Cebu City a Booming Business The Office of the Building Official (OBO) in Cebu City has projected a higher collection for building permit fees this year because of a construction boom in the city. Acting Cebu City building official Josefa Ylanan said the OBO had collected some P23.6 million last year, almost [...]

Japan International Aid Approves Cebu SRP Change of Plan

The Japan International Cooperation Agency (JICA), which granted the multibillion-peso loan for the South Road Properties (SRP), has approved the change of its development plans from a manufacturing zone to a mixed-use development project. Cebu City Mayor Michael Rama said JICA’s concurrence of the city’s plans will enable the city and SRP investors to continue [...]