philippines - Real Estate - News

SC affirms Real Estate Tax Exemption for MWSS

MANILA - The Supreme Court (SC) stopped the Quezon City government from auctioning off the properties of the Metropolitan Waterworks and Sewerage System (MWSS) to settle unpaid taxes in excess of PHP237 million.
Date: 06 March 2019; Type: Legal News; Source: Philippine News Agency

Idle Government-Owned Lands Disposition Bill approved on Final Reading

Unused government-owned properties shall soon be utilized for more socialized housing projects as the House of Representatives passed on third and final reading House Bill 8553 or the proposed “Idle Government-Owned Lands Disposition Act.”
Date: 06 January 2019; Type: Legal News; Source: House of Representatives

House approves Bill on Idle Government-owned Lands Disposition

The House of Representatives approved on second reading House Bill 8553 or the “Idle Government-Owned Lands Disposition,” which seeks to prescribe the mechanisms to facilitate the disposition of unused properties that are owned by the government for socialized housing.
Date: 01 December 2018; Type: Legal News; Source: House of Representatives

SC junks Petition vs 2016 QC Ordinance on Property Valuation Hike

MANILA, Oct 24 (PNA) - The Supreme Court (SC) turned down a suit questioning a Quezon City ordinance passed two years ago that increased the fair market values (FMVs) of land, buildings, and other structures in the city from 100 percent to as much as 500 percent.
Date: 24 October 2018; Type: Legal News; Source: Philippine News Agency

House pushes for Property Valuation Reforms

MANILA, Oct 16 (PNA) - The House of Representatives approved on second reading a measure seeking to reform the country’s real property valuation and assessment system.
Date: 16 October 2018; Type: Legal News; Source: Philippine News Agency

Senate passes Bill creating Department of Human Settlements

MANILA, Oct 8 (PNA)  The Senate on Monday passed on third and final reading a proposed measure that would create the Department of Human Settlements and Urban Development.
Date: 08 October 2018; Type: Legal News; Source: Philippine News Agency

SC asks Government to comment on Petition to void Manila Bay Property Sale

MANILA, Aug 6 (PNA) - The Supreme Court (SC) ordered the Philippine Reclamation Authority (PRA), the Commission on Audit, the Register of Deeds for Parañaque City, the Light Railway Transit Authority and Manila Bay Development Corp. (MBDC) to file a comment on the petition filed by a partylist solon seeking the reconveyance of 44 hectares of ...
Date: 06 August 2018; Type: Legal News; Source: Philippine News Agency

NEDA seeks solution to LGU Land Conflict, passage of Land Use Law

MANILA, June 20 (PNA) - The NEDA Board’s National Land Use Committee (NB-NLUC) pushed for the immediate resolution of boundary conflicts among Local Government Units (LGUs) and reiterated its call for the passage of the proposed National Land Use Act (NaLUA).
Date: 20 June 2018; Type: Legal News; Source: Philippine News Agency

Landbank Board okays PDS Shares Purchase

MANILA, Mar 2 (PNA) - The Board of Directors of state-owned Land Bank of the Philippines (Landbank) has approved the planned acquisition of Philippine Dealing System Holdings Corp. (PDS) stakes at PHP360 apiece.
Date: 02 March 2018; Type: Legal News; Source: Philippine News Agency

Irrigable Lands’ Conversion Ban hurdles House’s Third Reading

MANILA, Feb 20 (PNA) - The House of Representatives on Tuesday unanimously approved a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food security in the country.
Date: 20 February 2018; Type: Legal News; Source: Philippine News Agency

House okays Bill on Irrigable Lands' Conversion Ban

MANILA, Feb 15 (PNA) - The House of Representatives has approved on second reading a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food securtiy in the country.
Date: 15 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of New Government Housing Body

MANILA, Feb 14 (PNA) - The House of Representatives on Tuesday approved a measure creating the Department of Human Settlements and Urban Development.
Date: 14 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of Human Settlements and Urban Development Department

The House of Representatives has approved on second reading House Bill 6775 seeking to create a Department of Human Settlements and Urban Development that would address the basic housing needs and requirements of Filipino families.
Date: 02 February 2018; Type: Legal News; Source: House of Representatives

Makati extends Deadline for Business, Realty Tax Payments

MANILA, Jan 21 (PNA) - The Makati City government has extended the deadline of assessment of business permits without penalty to Jan. 25, and the payment of business and realty taxes to Jan. 31, following the approval by the City Council of City Ordinance No. 2018-001.
Date: 21 January 2018; Type: Legal News; Source: Philippine News Agency

House declares Mayon, Zambo Parks Protected Areas

Mayon Volcano Natural Park in Albay province and the Pasonanca Natural Park in Zamboanga City are now protected areas under two bills approved by the House of Representatives.
Date: 15 January 2018; Type: Legal News; Source: House of Representatives

Ban in Conversion of Irrigable Lands soon

The House committee on agrarian reform chaired by Rep. Rene Relampagos (1st District, Bohol) has approved a substitute bill seeking to prohibit the conversion of irrigated and irrigable lands for non-agricultural purposes.
Date: 06 January 2018; Type: Legal News; Source: Philippine News Agency

House moves to declare Kalayaan Island Group Alienable Land

The House committee on natural resources chaired by Rep. Arnel Ty (Party-list, LPGMA) approved House Bill 5614 which seeks to declare the Kalayaan Island Group situated in the province of Palawan as alienable and disposable land for agricultural, residential and commercial purposes.
Date: 26 December 2017; Type: Legal News; Source: House of Representatives

House moves to strengthening Right of Government to expropriate Lands

The House of Representatives approved on third and final reading House Bill 159 which seeks to strengthen the right of the government to expropriate lands for the purposes of socialized housing.
Date: 29 November 2017; Type: Legal News; Source: House of Representatives

Committee passes Bill declaring Barangay Krus na Ligas a Disposable Asset for Housing

The House committee on Housing and Urban Development passed House Bill 165 declaring a portion of the University of the Philippines in Diliman, Quezon City, Barangay Krus na Ligas as a disposable asset for housing and urban settlement.
Date: 23 November 2017; Type: Legal News; Source: House of Representatives

House includes Building Code in Engineering Courses

The House committee on higher and technical education chaired by Rep. Ann Hofer (2nd District, Zamboanga Sibugay) on Monday created a technical working group (TWG) that will fine-tune House Bill 5908 which seeks to include the National Building Code of the Philippines (NBCP) among the subjects of engineering courses.
Date: 21 November 2017; Type: Legal News; Source: House of Representatives

INDUSTRY UPDATES

SC, DOJ Buildings declared Safe

MANILA, Apr 24 (PNA) - Work resumed at the Supreme Court (SC) and the Department of Justice (DOJ) on Wednesday, after the magnitude 6.1 earthquake that shook parts of Luzon including Metro Manila last Monday.

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SC asked to allow Poll Watchers to take Photos

MANILA, Apr 24 (PNA) - Various individuals and groups asked the Supreme Court (SC) to lift the ban imposed by the Commission on Elections (Comelec) on digital photo taking by watchers of candidates in the May 13 mid-term polls.

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Makati Court hears Drug Case vs Ex-NBI Exec

MANILA, Apr 24 (PNA) - A prosecution witness positively identified the former acting regional director of the National Bureau of Investigation (NBI) in Central Mindanao as the owner of a 1,000-square meter lot in Virac, Catanduanes, where a shabu laboratory was uncovered three years ago.

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Mobile Application on Labour Market Information Launched

PUTRAJAYA, Apr 23 (Bernama) - Information on Malaysia's labour market is now available at the fingertips with the launch of a new mobile application, Labour Market Information Gateway or LMI Gateway today.

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Former Lawyer Pleads not Guilty to CBT Over Client's House Sale Proceeds

KUALA LUMPUR, Apr 23 (Bernama) - A former lawyer pleaded not guilty at the Sessions Court here today to a charge of criminal breach of trust amounting to RM338,000 which was the proceeds from the sale of a house belonging to his client three years ago.

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Manila Court orders Arrest of Acierto, Seven Others

MANILA, Apr 23 (PNA) - A Manila court has ordered the arrest of former police official Eduardo Acierto and seven others implicated in the smuggling of shabu shipments inside magnetic lifters last year.

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SC orders Inspection of Court Houses in Quake-Affected Areas

MANILA, Apr 23 (PNA) - Chief Justice Lucas Bersamin on Tuesday ordered an inspection of all court houses in areas affected by the magnitude 6.1 earthquake that hit Luzon on Monday afternoon.

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Cybersecurity Challenge should be viewed as an Opportunity - Gobind

CYBERJAYA, Apr 23 (Bernama) - A national innovation ecosystem needs to be developed to transform cybersecurity challenges towards forming new opportunities, ideas and solutions, Communications and Multimedia Minister Gobind Singh Deo said today.

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Malaysia signs ASEAN Trade in Services Agreement

KUALA LUMPUR, Apr 23 (Bernama) - Malaysia has signed the ASEAN Trade in Services Agreement (ATISA) and the Fourth Protocol to Amend the ASEAN Comprehensive Investment Agreement (ACIA).

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Former Lawyer charged with Criminal Breach of Trust

SEREMBAN, Apr 23 (Bernama) - A former lawyer pleaded not guilty in the Sessions Court here today to criminal breach of trust involving RM198,592.50, nine years ago.

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PCC seeks Own Probe on Luzon Power Outages

MANILA, Apr 22 (PNA) - The Philippine Competition Commission (PCC) announced that it will investigate allegations of collusion or abuse of dominance among energy companies that led to the recent series of power outages in Luzon.

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Right to Freedom of Religion guaranteed under Federal Constitution

KOTA BELUD, Apr 21 (Bernama) - The right to freedom of religion of every Malaysian is guaranteed under the Federal Constitution, said Sabah Rural Development Minister Datuk Ewon Benedick.

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Sabah and Sarawak High Court Registrar's Office to move to Kota Kinabalu

SANDAKAN, Apr 21 (Bernama) -- Minister in the Prime Minister’s Department Datuk Liew Vui Keong today confirmed that the Office of the Registrar of the Sabah and Sarawak High Court will be relocated from Kuching to Kota Kinabalu.

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Government awaits Approval from Malay Rulers on New Chief Justice - Mahathir

KUALA LUMPUR, Apri 19 (Bernama) - The government is awaiting approval from the Malay Rulers for the appointment of a new Chief Justice, Prime Minister Tun Dr Mahathir Mohamad said today.

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Double Pay for Workers on Maundy Thursday, Good Friday

MANILA, Apr 17 (PNA) - Workers who will report to work on April 18 and 19 will receive twice their regular daily wages as both days have been declared regular holidays, the Department of Labor and Employment (DOLE) said Wednesday.

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Palace suspends Government Work for Holy Week Exodus

MANILA, Apr 17 (PNA) - Malacañang suspended work on Wednesday (April 17), 12 noon onwards, to allow government employees to travel to their respective regions in time for the observance of Maundy Thursday (April 18) and Good Friday (April 19).

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JBC asks Applicant to comment on Gadon Opposition

MANILA, Apr 16 (PNA) - The Judicial and Bar Council (JBC) has asked an applicant for a vacancy in the Court of Tax Appeals (CTA) to comment on an opposition to her appointment filed last month by senatorial candidate and lawyer, Lorenzo "Larry" Gadon.

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PCC approves Ayala-PHINMA Energy Deal

MANILA, Apr 15 (PNA) - The Philippine Competition Commission (PCC) has approved the acquisition of the majority stake in PHINMA Energy by Ayala Corporation’s power branch, AC Energy.

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