Alabang blog – Author Carlo Carrasco

Filinvest REIT’s Profit Jumps to P1.3 Billion during January-September 2026 period

November 12, 2026November 8, 2026carlocarrasco

Real estate investment trust Filinvest REIT Corp. (FILRT) saw its profit jump 28% to P1.3 billion during the January-September 2026 period and the figure includes revenues from the full-year ownership of Festival Mall (main mall) in Alabang, Muntinlupa City, according to a business news report by The Manila Times.

FILRT’s portfolio consists of seventeen office buildings, one shopping mall and one resort lot, with a combined gross leasable area of more than 450,000 square meters. The entity is also one the top taxpayers in Muntinlupa City.

To put things in perspective, posted below is an excerpt of the report of The Manila Times. Some parts in boldface…

FILINVEST REIT Corp. (FILRT) posted a 28-percent increase in net income to P1.3 billion in the first nine months of 2026, supported by higher revenues following the full-year contribution of Festival Main Mall to its property portfolio.

The real estate investment trust on Wednesday reported revenues of P3 billion from January to September, up 18 percent from P2.54 billion in the same period last year.

The latest earnings performance builds on the 15-percent growth in net income FILRT recorded in the first nine months of 2025, when profit reached P1.02 billion from P893 million in the previous year.

The company attributed its revenue growth mainly to the full-year contribution of Festival Main Mall, which was added to its portfolio in May 2025.

Costs and expenses increased by a slower 4 percent to P986 million, while other charges declined 1 percent to P279 million during the nine-month period.

FILRT’s average portfolio occupancy remained at 86 percent in the first three quarters, unchanged from the same period last year.

Its office portfolio recorded an average occupancy rate of 79 percent, with multinational business process outsourcing companies accounting for 83 percent of office tenants. Traditional tenants accounted for 14 percent, while coworking, wellness and educational institutions made up the remainder.

During the third quarter, FILRT secured 5,651 square meters of new leases from incoming tenants and existing occupants expanding their leased spaces at Northgate Cyberzone in Alabang. This brought its year-to-date new leases to 11,714 square meters.

The company also renewed all 20,689 square meters of leases expiring this year, bringing the portfolio’s weighted average lease expiry at 13.95 years as of end-September.

With the improved earnings, FILRT’s board approved a quarterly cash dividend of P0.06 per outstanding common share, covering income earned from July to September. Shareholders on record as of Nov. 24 will receive the dividend on Dec. 2.

The latest declaration brings FILRT’s total dividends declared for 2026 to P0.24 per share, equivalent to an annualized yield of 8.5 percent based on its closing share price of P2.84 on Oct. 30.

Let me end this post by asking you readers: What do you think of this development? Do you think FILRT has a bright future of growth even though the economy of the Philippines continues to get weaker? Do you think FILRT will continue to contribute a lot to the economy of Muntinlupa City over the next five years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Filinvest City Aims High with New Alabang District

November 5, 2026October 30, 2026carlocarrasco

Remember back in 2025 when it was announced that telecommunications giant PLDT will relocate its headquarters to Filinvest City? Filinvest City itself is now aiming high with its new Alabang district called The Quarter which is being developed beside the future PLDT campus and it is being prepared to attract commercial investment, according to a news article by Insider PH.

To put things in perspective, posted below is an excerpt of the Insider PH news article. Some parts in boldface…

Corporate investments and rising demand for commercial space are creating opportunities for further business expansion in southern Metro Manila, as Filinvest City seeks to attract enterprises to its established Alabang township.

Filinvest City has introduced The Quarter, a four-hectare mixed-use district designed to accommodate new businesses and support the township’s next phase of commercial development.

A township of 47,000 workers – The development is positioned beside the upcoming PLDT Campus, which is expected to accommodate approximately 5,000 employees. The concentration of corporate activity could generate demand for retail, dining, healthcare, hospitality and professional services.

The Quarter also offers commercial lots to businesses and investors seeking to establish operations near major employment centers. Filinvest City currently serves approximately 47,000 workers, more than 19,000 residents and 231,000 daily visitors.

The township’s existing population and commercial activity provide a potential customer base for enterprises considering expansion into the district.

Strategic location – The Quarter forms part of Filinvest City’s strategy to diversify its business ecosystem beyond traditional office developments.

Located near Asian Hospital and Medical Center, the district could accommodate healthcare-related enterprises, including private clinics, therapy centers and specialized treatment facilities.

Its location also provides access to the South Luzon Expressway, nearby educational institutions, residential communities and commercial establishments. A pedestrian bridge connecting The Quarter to the future PLDT Campus is also planned.

‘New centers of opportunity’ – “Filinvest City’s growth has always been driven by the ability to identify and cultivate new centers of opportunity,” Filinvest Townships first vice president and head Don Ubaldo said in a press statement.

“Just as the Peza-registered hub Northgate Cyberzone helped establish the township in the 90’s as a leading destination for the IT-BPM industry, The Quarter is envisioned to be the epicenter of its next phase of evolution, creating a dynamic environment where enterprise and innovation can thrive together,” he added.

Let me end this post by asking you readers: What do you think of this development? Do you think the new Alabang district called The Quarter will help Filinvest City attract more new investment and create both new jobs and more business opportunities in the years to come? Do you think Filinvest City will become to most vibrant and most progressive central business district (CBD) of the south by the year 2030?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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All Booth Slots for Sip & Stroll: An Early Christmas Bazaar in Alabang Hills Village Filled Up

October 17, 2026October 17, 2026carlocarrasco

The Alabang Hills Village Association (AHVA) recently announced that all booth slots for their upcoming Sip & Stroll: An Early Christmas Bazaar has been filled up. The bazaar is all set to happen on November 21 and 22, 2026, from 10AM to 8PM at the Phase 2 park grounds.

To put things in perspective, posted below is an excerpt of the AHVA’s official announcement. Some parts in boldface…

With 30 food and beverage vendors and 45 dry goods and lifestyle vendors, there’s plenty to discover! From mouthwatering eats, refreshing drinks, and sweet treats to unique Christmas gifts, fashion finds, accessories, home décor, toys, and more — there’s something for every taste and every shopping list.

Add live acoustic music, DJs, games, and you’ve got the perfect excuse to gather family and friends!

November 21–22, 2026

10:00 AM–8:00 PM

Phase 2 Park Grounds, Alabang Hills Village

Browse our vendor lineup, mark your calendars, and come sip, stroll, shop, and celebrate with us!

In addition, the AHVA posted the full list of the dried goods vendors which you can see below. This shows that there will be a wide variety of products offered to shoppers and visitors. There could be something for you to buy for Christmas gift-giving. Pay attention to the image posted below.

*Official list of dried goods vendors. (source – AHVA website)*

For the non-residents who have private vehicles (without Alabang Hills Village stickers) and intend to attend the bazaar, be ready to leave your ID card at the village gate and tell them were you are headed. Once inside, it is a must that you should follow their rules and speed limits at all times. Be aware that finding available parking spaces can be a bit of a challenge and remember to always be respectful to the nearby homes.

If you have inquiries for Sip & Stroll: An Early Christmas Bazaar, send your email to ahvcommunityaffairs@gmail.com

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Muntinlupa City Earns Special Citation in 2026 Most Business-Friendly LGU Awards

October 15, 2026October 14, 2026carlocarrasco

Muntinlupa City added another prestigious honor to its record of achievements as it was cited by the Philippine Chamber of Commerce and Industry (PCCI) in the 2026 Most Business-Friendly LGU Awards, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

Muntinlupa City has been recognized by the Philippine Chamber of Commerce and Industry (PCCI) in the 2026 Most Business-Friendly LGU Awards, its second consecutive distinction.

Mayor Ruffy Biazon accepted the recognition after Muntinlupa placed in the top five of the City Level 1A category.

“Proud to share another nakakaproud feat of our City Government, Muntinlupeños!,” Biazon said.

He noted that this year’s honor mirrors the city’s achievement last year.

“Isang malaking tagumpay ito na nagpapakita ng commitment natin sa transparent governance, streamlined services, at pagbuo ng isang thriving environment para sa investors at MSMEs (This is a major achievement that demonstrates our commitment to transparent governance, streamlined services, and creating a thriving environment for investors and MSMEs),” he added.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted that your city was cited again in the Most Business-Friendly LGU Awards? Did you create any new businesses within Muntinlupa over the past twelve months? Do you consider Muntinlupa City ready for big-time foreign investment?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Food and Beverage Vendors Plus New Details for Sip & Stroll: An Early Christmas Bazaar Revealed

October 10, 2026October 8, 2026carlocarrasco

Very recently, the Alabang Hills Village Association (AHVA) revealed new details as well as a list of approved food-and-drinks vendors for their upcoming Sip & Stroll: An Early Christmas Bazaar which will happen on November 21 and 22, 2026, at the Phase 2 park grounds. For each day, the bazaar will start from 10AM until 8PM.

For the upcoming bazaar, there will be over forty-five dry goods vendors participating. This ensures that customers will see a wide variety of products for sale ranging from clothing to houseware, toys, accessories, shoes and more. There will be a lot of items that customers can acquire for Christmas gift-giving.

With regards to the food and vendors approved by the AHVA, the list is as follows in the image below.

A colorful flyer for 'Sip & Stroll', an early Christmas bazaar featuring various food and beverage vendors, with a festive design and a list of vendor names and offerings. — *The official list of food and beverage vendors for the Sip & Stroll early Christmas bazaar. (image sourced from AHVA website)*

In addition, the AHVA confirmed that there will be acoustic performers and DJs who will provide entertainment in the afternoon of each day of the bazaar. There will also be game booths for additional enjoyment.

Promotional poster for the 'Sip & Stroll' early Christmas bazaar at Alabang Hills Village, featuring details about the event including dates, times, activities, and vendors. — *Pay attention to the new details here. (image sourced from AHVA website)*

The Phase 2 park grounds is the main venue of Sip & Stroll: An Early Christmas Bazaar, and both the covered basketball court and the pickleball court (formerly the badminton court) will be used too. For the non-residents who have private vehicles (without Alabang Hills Village stickers) and intend to attend the bazaar, be ready to leave your ID card at the village gate and tell them were you are headed. Once inside, it is a must that you should follow their rules and speed limits at all times. Be aware that finding available parking spaces can be a bit of a challenge, and be respectful to the nearby homes.

If you have inquiries for Sip & Stroll: An Early Christmas Bazaar, send your email to ahvcommunityaffairs@gmail.com

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Good Food and Drinks Plus Sports Shows Await You at Red Rockies in Las Piñas City

October 9, 2026October 8, 2026carlocarrasco

When it comes to finding good food, nice drinks and the enjoyment of sports-related shows here in South Metro Manila, Red Rockies has them and they are ready to serve you.

Recently, I visited Red Rockies at the 2^nd floor of Versailles Town Plaza located along Daang Hari in Las Piñas City. Upon entering, I saw the very nice interiors of the place and I was welcomed nicely. The nice-looking bar caught my attention, and so did the overhead high-definition TVs (HDTVs) that showed continuous footage of sports-related shows. That said, the vibe of the place was energetic.

For dinner, I had a set of sausages – Bratwurst and Frankfurt – with fries and condiments. The set is part of their Oktoberfest special. The two sausages were very well cooked and each bite was satisfying. The Frankfurt sausage was the tastiest. If this set is available when you visit Red Rockies, I recommend you order it.

A platter of assorted sausages and fries, with various types of grilled sausages and golden French fries, served on brown paper. — *The Bratwurst and Frankfurt sausages set with fries.*

I also had a Smash Burger with fries plus a Strawberry Milkshake. The Smash Burger was loaded with a thick Angus beef patty which was enjoyable per bite. It reminds me of an Angus burger I had in Subic Bay over a year ago, but the difference is that it has lot more content and was more satisfying to consume. Red Rockies’ Smash Burger is a must for those who love burgers. The Strawberry Milkshake was tasty, cool and plentiful.

Close-up of a cheeseburger featuring a sesame seed bun, melted cheddar cheese, a beef patty, and lettuce. — *A close look at the Smash Burger of Red Rockies. The Angus beef patty is outstanding.*

A close-up of a sesame seed burger with a beef patty and melted cheddar cheese, served with lettuce, accompanied by a small cup and a side of French fries. — *The Smash Burger with fries and condiments.*

A tall glass of pink milkshake topped with whipped cream, colorful sprinkles, and a cherry, placed on a wooden table with a red upholstered background. — *The Strawberry Milkshake of Red Rockies.*

While enjoying dinner, I also enjoyed the sports coverage displayed on the monitors. Red Rockies allows customers to enjoy good food and drinks while watching basketball, tennis, grand prix racing and other sports events available. This is a fine place for such an experience here in the south of Metro Manila. In case you are wondering, Red Rockies’ name was inspired by the Rocky Mountains in the United States, and the red refers to the unique look the said mountains have during sunset.

I also took the time to examine Red Rockies’ menu. For those looking for alcoholic beverages, they offer craft beer and draft beer. For those who love good food, there is pasta, pizza, side dishes, salad, chicken wings and their entrees. What caught my attention from the menu were the Steak & Fries (P1,350), Country Fried Chicken (P350), Mac & Cheese (P425), and Bacon Cheeseburger (P500).

Interior of a sports-themed restaurant featuring a bar with FC Barcelona decorations, large television screens displaying sports events, and a checkered floor. — *The bar inside Red Rockies with nice decorations and HDTVs above. Red Rockies has a nice selection of craft beer and draft beer that customers can choose from.*

If you and your associates need a private venue for an important gathering or a special event, Red Rockies offers event packages which includes the use of all the HDTVs, food and drinks, and the exclusive use of dining area. Just visit Red Rockies and talk to the manager for booking.

As I had a nice time at Red Rockies, I would not hesitate to come back and try other foods and drinks listed on their menu. For this month of October, they have Oktoberfest offerings. If you are looking for a fine place to dine-in while visiting Versailles Town Plaza, come to Red Rockies at the 2^nd floor. They are open daily with schedules of 11AM to 10PM (Friday to Saturday) and 11AM to 9PM (Sunday to Thursday). To the residents of Ayala Alabang Village reading this, the place is a just a short drive away after exiting Champaca street gate. For this month of October, Oktoberfest specials are being offered by Red Rockies.

The entrance of 'Red Rookies', a restaurant featuring a bright red tiled facade, a glass door, and a sign that reads 'Craft Beer Comfort Food'. There are potted plants on either side of the entrance and a welcome mat that says 'Let's chill here!' — *The front doors of Red Rockies at the 2nd floor of Versailles Town Plaza.*

For the location of Red Rockies, click https://maps.app.goo.gl/VxY65TLPiC2tJoXG8. To get the latest updates directly from Red Rockies, follow their official Facebook page at https://www.facebook.com/profile.php?id=61588552930140

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AHVA Announces New Pickleball Court Inside Alabang Hills Village

October 3, 2026October 2, 2026carlocarrasco

Very recently, the Alabang Hills Village Association (AHVA) announced that a new pickleball court inside their village has opened and is already available for use on a first-come, first-served basis. The association also revealed booking information, and they are currently setting up the booking application for the pickleball court which is located at the Phase 2 park located along Legazpi street.

*The pickleball court inside Alabang Hills Village. It is located at the Phase 2 park along Legazpi street.*

To put things in perspective, posted below is an excerpt from the official announcement of AHVA. Some parts in boldface…

We are excited to announce that our new pickleball court is officially complete and ready to use.

Starting today, the court is available for use on a first-come, first-served basis. Please be mindful of the following guidelines on the new rates, court limit and play time:

A. NEW RATES: P400.00 per hour, without lights; P500.00 per hour, with lights & use of hurricane ceiling fan.

B. COURT LIMIT: 1 lot, 1 booking per day

C. PLAY TIME: Maximum of 2hours/booking per day

D. NOT ALLOWED: Placing of stage, chairs, tables and other heavy objects inside the court

UPCOMING RESERVATION & BOOKING SYSTEM: To make court access smoother and fair for everyone, we are currently setting up a booking application for the (pickleball) courts and all sports facilities.

LAUNCH TIMELINE: The App Booking System will go live in 3-4 weeks.

PROCEDURE: We will send out step-by-step registration instructions and details on how to reserve your timeslots prior to the app launch.

Until the Booking App is officially live, please continue to make your bookings manually by proceeding to the admin office for reservation and payment.

Reservation should be made 3 days prior to actual date & time of use. No reservation will be accepted beyond this schedule. No block reservations.

For inquiries, contact the AHVA at landline number 8850-8254.

Let me end this post by asking you readers: If you are a resident of Alabang Hills Village, are you or your neighbors actively playing pickleball?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Store Owner Files Voyeurism Complaint Against Student in Muntinlupa City

October 2, 2026September 30, 2026carlocarrasco

Recently in the City of Muntinlupa, the owner of a Korean store filed a complaint of voyeurism against a student who has been caught on video taking upskirt pictures of her, according to a news report by the Manila Bulletin. More recently, the Mayor of Muntinlupa expressed support for the victim.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

A student in Muntinlupa is facing a complaint for voyeurism after being caught on video taking upskirt photos of a Korean store owner.

The victim, a businesswoman from Barangay Putatan, said the incident occurred on Sept. 21 inside her Korean store in Soldiers Hills.

The suspect posed as a customer and, while she was preparing his order, allegedly bumped her from behind. When she turned, she saw him intentionally taking photos of her intimate area.

She pretended not to notice and later reviewed CCTV footage in her office, confirming the act. She then asked a helper to seek assistance from the nearby barangay satellite office.

Barangay personnel responded, and the suspect allegedly admitted to committing the acts several times.

Although the parties were set to meet before the Lupon Tagapamayapa, the victim opted to file a direct complaint. She went to the Muntinlupa police’s Women and Children Protection Unit, which forwarded the case to the city prosecutor’s office.

For additional insight, watch the GMA News video below.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you think young adults who possess gadgets should be taught lessons to refrain from committing acts of voyeurism? Did you witness any incidents of voyeurism locally over the past six months?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Alabang Material Recovery Facility Launched

October 1, 2026September 27, 2026carlocarrasco

Recently in the City of Muntinlupa, a material recovery facility located at the Alabang Central Market was formally opened with the goal of improving local waste management, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

The Muntinlupa City government has opened a materials recovery facility (MRF) at the Alabang Central Market to improve waste management in the busy public market.

Built with the support of the Metropolitan Manila Development Authority, Office of the City Market Administrator, Environmental Sanitation Center, and City Engineering Office, the P14.17-million facility in Barangay Alabang has a total floor area of 177.68 sq. m.

Mayor Ruffy Biazon, who led the inauguration, said the MRF will handle segregation, recovery, recycling, and composting of market waste, noting that the public market generates one to two tons of garbage daily.

The facility includes a composting room, hazardous waste room, ecoshed for recyclables, residual containment area, rapid composting machine donated by the MMDA, receiving and sorting area, storage area, comfort room, pantry, and provision for an overhead water tank.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you think the waste recovery facility will create positive results at the Alabang Central Market?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Over 5,000 Muntinlupa Residents Benefit from Handog ng Pangulo 2026 Program

September 19, 2026September 15, 2026carlocarrasco

Recently in the City of Muntinlupa, over five thousand local residents benefited from the Handog ng Pangulo 2026 program by receiving services and assistance, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

A total of 5,176 residents received services and assistance as the Muntinlupa City government held the “Handog ng Pangulo 2026” on Sept. 14 to mark President Ferdinand Marcos Jr.’s birthday.

In partnership with local and national government agencies, the program offered services such as medical and dental caravans, free X‑rays, cervical and breast screenings, vaccinations, Assistance to Individuals in Crisis Situations (AICS) payouts, livelihood aid, Kadiwa ng Pangulo, legal consultations, police clearances, Philippine Identification System (PhilSys) registration, and land title verification.

Of the total residents served, 1,700 benefitted from the P20 Rice for Sale and Kadiwa ng Pangulo, while 884 received medical consultations, Yakap registration, medicines, vaccinations, eye and cataract screenings, cancer screenings, and dental X‑rays.

Mayor Ruffy Biazon led the implementation of the services together with agencies such as the Department of Health, Department of Social Welfare and Development, Department of Agriculture, Department of Justice, Department of Migrant Workers, PhilHealth, and Muntinlupa police.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted that many local residents benefited from the Handog ng Pangulo 2026 program?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

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