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[ad_1] (Last of two parts) Although the ownership of the common portions remains undivided, one or more owners of condominium units can only bring an action for sharing by demonstrating that the owners of units holding a total of more than 50% interests in the common portions oppose the repair, restoration, remodeling or remodernization of …

(First of two parts) Condominium units continue to sell like hot cakes. In its report on the real estate sector, the Board of Investments projected an annual growth of at least 3% in the assumption of units, consistent with the formation of households in the country. Colliers International Philippines meanwhile noted that despite higher inflation …