Payatas condominium rising
A four-tower mid-rise condominium with 3,240 residential units will rise on Payatas Rd., Quezon City, starting Tuesday, 7 January 2024. The project comes as Leechiu Property Consultants (LPC) reports a sharp increase in condominium oversupply, now at a 34-month level due to cancellations. Meanwhile, the National Human Settlements Board has announced a 4% cap on rent increases for homes rented out at ₱10,000 or less, aiming to protect tenants and resolve disputes quickly.
