The timing could never be more perfect to unload a huge property of rolling hills, an area of almost 80 hectares, located in the fast-developing greater Tagaytay City, where the biggest real estate companies already launched mega-projects.
The Bangko Sentral ng Pilipinas is selling Evercrest Golf Club Resort, a prime property development in Batangas that it took over from the former Orient Bank, for at least P1.736 billion. The property was appraised at P1.2 billion about three years ago, but the central bank said its latest valuation now was much higher when [...]
