Chamber of Real Estate & Builders' Associations, Inc.

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The Industry Scene

Industry players urged to support Marcos’ housing program

The government’s economic development team has appealed for the real estate industry’s continued investment to help achieve the administration’s economic and housing agenda. Rising from the aftermath of the Covid-19 crisis, the Philippines became the fastest-growing economy in Southeast Asia

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PSA, DICT to roll out national digital ID this year

The Philippine Statistics Authority (PSA) and the Department of Information and Communication Technologies (DICT) have agreed to roll out the national digital ID platform this year. This was revealed by Secretary Frederick D. Go, special assistant to the President on

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VAT exemption ceiling for housing raised to P3.6M

Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui, Jr. issued Revenue Regulation No. 1-2024 raising the Value-Added Tax (VAT) exemption threshold for the sale of house and lot and other residential dwellings, from PHP 3.199 to PHP 3.6 Million

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