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Jan 14 19, 9:38 am

OFW remittances reach $2.9 billion in July

The remittances sent home by Overseas Filipino Workers (OFWs) in July reached approximately $2.9 billion according to the Bangko Sentral ng Pilipinas (BSP). The remittance record is an increase of 7.2 percent from last year's $2.7 billion for the same month . Halfway...

Al Ain cops smash large vice ring

Police in the Eastern oasis town of Al-Ain have arrested 14 Asians on charges of indulging in prostitution, newspapers said on Monday. Acting on a tip-off, the cops raided an apartment suspected of running the vice den by sending women to customers for Dh3,000. The...

PDEA chief admits drug recycling remains rampant

No less than the head of the Philippine Drug Enforcement Agency (PDEA) admitted that recycling of seized illegal drugs remains rampant. PDEA chief Aaron Aquino told senators in the budget hearing for PDEA’s proposed 2020 budget that drug recycling is still an issue,...

More dorm-type condos being built for yuppies, students

by | Feature, Property

Jan. 14, 19 | 9:38 am

Following a move by Ayala Land, Inc. (ALI) to open a dormitory-type property called The Flats at Amorsolo St., Makati City, more developers have been launching residential condo projects near colleges and universities designed for students and young urban professionals.

The 15-storey ALI building features co-living spaces catered towered young urban professionals seeking housing near their place of work, said a report published in BusinessWorld.

ALI offers units at The Flats at a minimum six-month lease, with each room having up to four occupants. Occupants may also choose between rooms with lofts and rooms with bunk beds, the report stated.

BusinessWorld said more property developers are developing residential condominiums near educational institutions, as they aim to take advantage of the lack of players in the area.

It cited DMCI Homes, Inc. which it said will be launching a P2.8-billion condominium for sale near the St. Scholastica’s College in Malate, Manila.

The condominium will stand 30 storeys tall with unit sizes starting at 24 square meters each, priced at P3 million, said the report.

It’s back! The longest-running, most trusted and biggest Philippine investment event in the Middle East region, Philippine Property and Investment Exhibition (PPIE), has helped thousands of OFWs own their very own home. Be part of PPIE 2019 on April 26-27 at the JW Marriott, Deira, Dubai to reach your aspired home. Like @ppieuae on Facebook to get tips and alerts on unbeatable deals.

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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