MANILA, Philippines - ALLIED Banking Corp. is allotting a P500-million credit line for a home financing program of affiliate Eton Properties Philippines Inc. (EPPI). 

The amount will basically cover the financing needs of prospective buyers of Eton’s residential project in Ortigas.

In a joint press briefing Monday, Allied Bank president Reynaldo Maclang said the credit line will support Home 838, a housing-loan program that gives clients longer payment terms at a fixed rate of 8.38 percent, the lowest in the industry, so far.

MANILA, Philippines - Cityland further fortifies it’s niche in the condominium development market by winning again the Leading Condominium Developer Award.  In the  government’s  latest  awarding rites held on May 24, 2007, Dr. Andrew I. Liuson, President of Cityland is shown receiving the award for the 2007 Leading Developer in Open Market Condominium for both  the ENCR and National levels from Vice-President Noli De Castro, Chairman of HUDCC witnessed by Commissioner Romulo Q. Fabul of HLURB.

MANILA, Philippines - Edsa Properties Holdings, Inc. (EPHI) is planning to build the country's tallest residential building at a cost of P3 billion to P5 billion.

The St. Francis, a residential condominium with two towers of 60 storeys each, will be built in Mandaluyong City, at the fringes of the Ortigas Center.