Real Property Valuation Reform

In the assessment of land for real property tax purposes, using the generic land classifications in the Local Government Code – rather than the sub-classifications based on legally permissible uses under the CLUP – often result in distortions in valuation, taxation and pricing in the land markets.

Rise of the North: Pampanga

Colliers Philippines sees a more aggressive launch of new residential projects in Pampanga beyond 2022, on the back of a sustained demand. This is likely to be driven by the easing of mobility restrictions, sustained overseas Filipino workers’ remittances, and expansion of businesses. National and local developers are seen to continue capturing demand in Pampanga, […]