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Top related persons:
Ervina - 1 Marielle - 1 Balaga - 1
Top related locs:
Beverly Hills Cebu Philippines Cebu's Seoul Pasil Cebu City
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Urban Land Institute - 1

Search resuls for: "Cebu City"


2 mentions found


☆ Step inside the Beverly Hills of the Philippines, where homes rarely change hands, access is nearly impossible if you don't know a resident, and inequality is on full display
  + stars: | 2023-09-05 | by ( Marielle Descalsota | ) www.businessinsider.com   time to read: +1 min
Ervina Balaga, a realtor who sells homes in Beverly Hills, met us inside the neighborhood. A mansion perched on top of the hill in Beverly Hills in Cebu, Philippines. Balaga told me the cheapest home on the market right now in the neighborhood costs 52 million pesos, or around $915,000. Balaga told me homes in Beverly Hills are rarely sold to outsiders, as many who live there are regarded as the "Old Money" of Cebu. For comparison, the median price of homes in Cebu City is listed at $141,270, per data by the Urban Land Institute.
Persons: Ervina, Marielle, Balaga Organizations: Urban Land Institute Locations: Beverly Hills, Cebu, Philippines, Cebu's, Seoul, Pasil, Cebu City
☆ Onions are now so expensive in the Philippines that they've become a luxury item — and people have been trying to smuggle them across the border
  + stars: | 2023-01-27 | by ( Aditi Bharade | ) www.businessinsider.com   time to read: +4 min
Onions are now a luxury item in the Philippines. The price of onions soared to $12.80 per kilogram in December, three times the price of chicken. Local authorities seized between $9 million and $11 million worth of smuggled onions in 2022. According to the country's Department of Agriculture, on January 9, onions were going for 600 pesos, or $11, per kilogram. Local authorities seized between $9 million and $11 million worth of smuggled onions in 2022, The Guardian reported.
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