DMCI Adds Pag-IBIG Condo Financing | Pow Salud Daily Property Play
DMCI Homes and Pag-IBIG Fund signed a financing partnership on October 16
New condominium financing leads today’s property play, alongside real money moving into solar infrastructure and fresh scrutiny of the conditions businesses need to grow. Currency and fuel-price developments round out the household-budget picture.
8. Pryce Studies Separate LPG Listing
Pryce Corp. is studying a separate stock-market listing for its LPG subsidiary, Pryce Gases Inc. The board has authorized hiring an adviser to assess the proposal, rather than approving a completed transaction.
Under the plan, Pryce shareholders would receive subsidiary shares as a property dividend—a distribution of shares, not real estate. The adviser will examine valuation, tax and regulatory implications. Final board approval and any required shareholder consent remain necessary, so investors should not treat a listing date or dividend entitlement as settled. bilyonaryo.com
7. Gasoline Rollback Seen Next Week
Motorists could get a sizeable gasoline price cut next week, while diesel may move higher. Friday’s industry estimates point to different pressures on household and business transport budgets.
GMA reported an indicative gasoline rollback of ₱4.00–₱4.20 per liter and a diesel increase of ₱0.20–₱0.40. These are forecasts, ahead of the usual Monday announcements and Tuesday implementation. When comparing homes, include recurring travel costs alongside the purchase price; our earlier condo-versus-house comparison explains that location trade-off. gmanetwork.com
6. Peso Recovers After Record Low
The peso recovered slightly on Friday after Thursday’s record-low close. The improvement offers some relief, but it does not establish a lasting currency rebound.
The currency finished at ₱62.985 per dollar, gaining 7.5 centavos from ₱63.06. It had weakened to ₱63.23 during Friday’s session before recovering. OFWs funding peso-denominated home purchases should budget around the exchange rate actually available when transferring money, rather than the day’s most favorable headline. gmanetwork.com
5. Ayala Chair Flags Investment Gaps
Fresh reporting on Jaime Augusto Zobel de Ayala’s Makati Business Club speech highlights a practical investment question: is the country ready to support the businesses it wants to attract? The Ayala chairman called for cooperation on shared constraints.
The October 16 report identified talent, infrastructure, energy, regulation and institutional stability as areas needing candid discussion. The remarks concern the investment environment, not a newly signed development or lease. For commercial-property owners, actual hiring, operating capacity and tenant commitments remain stronger demand signals than broad expressions of optimism. logisticsnews.ph
4. Italy Explores Luzon Corridor Projects
Italian companies are exploring opportunities in the Luzon Economic Corridor. A new Finance Department announcement describes talks covering transport, energy, water and other infrastructure-related sectors.
Finance Secretary Frederick Go met a delegation led by Ambassador Davide Giglio, with representatives of 10 companies including Fincantieri and MERMEC. The North–South Commuter Railway was among the potential opportunities discussed. These are exploratory talks: the release does not announce signed project contracts or investment amounts. dof.gov.ph
3. ACEN Allocates ₱3B for Palauig
ACEN is putting another ₱3 billion into the subsidiary developing its Palauig solar and battery projects. The move advances project financing, rather than announcing that new electricity supply is already operating.
Friday’s disclosure, reported by Bilyonaryo, covers 300 million preferred shares in Giga Ace 8 at ₱10 each. The subsidiary is developing a 300.011-megawatt-peak solar project and a 240-megawatt battery system in Zambales. Payment starts with ₱2 billion, with the balance subject to funding needs and board approval. Issuance also depends on approval of the subsidiary’s capital increase. bilyonaryo.com
2. European Funds Back Pangasinan Solar
Norfund and Impact Fund Denmark have signed agreements for a combined 49% stake in Vena Energy’s Ixus Bugallon solar project. The deal brings development-finance capital into a major Philippine energy asset.
The project in Bugallon, Pangasinan, has a planned capacity of 500 megawatts-peak. Its earlier financing milestone was approximately US$310 million in senior debt secured in July; the new development is the equity agreement. Completion remains subject to Philippine Competition Commission approval and other conditions. More funded infrastructure is encouraging, but it is not an immediate promise of lower electricity bills or higher nearby land values. norfund.no; pv-tech.org
1. DMCI Adds Pag-IBIG Condo Financing
DMCI Homes and Pag-IBIG Fund signed a financing partnership on October 16, widening the potential choices for condominium buyers. Access to the program still depends on project accreditation and the applicant’s loan approval.
DMCI identifies Anissa Heights on P. Zamora Street in Pasay as the first accredited project. Up to 3,990 units are expected to become eligible once the necessary project accreditations are completed—not all at once today. Buyers must still meet income, membership and documentary requirements. Our June property buyer-protection checklist provides background on checking documents and avoiding pressure to commit. dmcihomes.com
The One-Two Combination
Sports: Letran Keeps Playoff Hopes Alive
Letran swept San Beda in Friday’s Shakey’s Super League Unity Cup action. The result kept the Lady Knights in contention while eliminating the Lady Red Spikers.
Letran won 25–22, 25–14, 25–21 at Rizal Memorial Coliseum. Judiel Nitura helped drive a decisive third-set recovery as the team improved to 2–1, behind unbeaten National University in Pool A. philstar.com
Lifestyle: Free Films Lead Weekend Options
A newly published weekend guide highlights accessible cultural outings around Metro Manila. Free film screenings offer one option for enjoying the city without planning a costly getaway.
Friday’s Philstar guide lists Kino Fest’s free German-film screenings at Greenhills Mall Cinema in San Juan. It also features the October 17 UNDERTALE orchestral concert at Makati’s Proscenium Theater; check availability and admission arrangements separately. philstar.com
Pow’s Watchlist: DMCI Project Accreditations
Following the October 16 agreement, monitor the next officially confirmed list of accredited DMCI developments and written borrower terms. The useful milestone is project-level eligibility, not simply a partnership announcement; no completion deadline for the remaining accreditations was stated. dmcihomes.com
Pow’s Property Play
Today’s pattern is the difference between access to capital and a finished outcome. A housing partnership still needs borrower approval, an equity deal still needs closing conditions, and infrastructure funding still needs execution. Match the property to your budget and purpose before pricing in benefits that have not arrived.
Pow Salud | Property Playmaker
📞 +63 917 681 8692
✉️ pow.realtyonegroupupgrade@gmail.com
WhatsApp
Messenger
