Category: Business Mirror

Although they have won stages in the PETRONAS Le Tour de Langkawi (PLTdL) before or enjoyed great success on the highest Grand Tour circuits, no rider dares to predict whether they will achieve success at the 29th edition of PLTdL25, which starts in Langkawi tomorrow.

?During the riders press conference attended by this year’s PLTdL ‘favourite’ riders today, many admitted that past records or experience are not factors that can guarantee victory, whether for a stage or the general classification.

?ProTeam Uno-X Mobility, Alexander Kristoff, 38, who has collected 98 career wins including 13 Grand Tour appearances and 41 classic races, admitted it will be difficult for him to add to his collection of victories at PLTdL25.

?’The goal of coming here is indeed to win, but I realise every race has its difficulties. But I love competing in the final sprint and with several stages considered flat, I also have a chance and want to seize it,’ said Kristoff, who is racing in Malaysia for the first time but will retire after the end of this racing season.

?Moreover, the winner of the Ministry of Youth and Sports (KBS) King of Sprint orange jersey in 2024 from winning 3 stages, Matteo Malucelli, 31, who now represents the elite WorldTeam, XDS-Astana, admitted it will be difficult for him to repeat the brilliance he showed with JCL UKYO last year.

?’It’s hard to predict who will win the GC or the stages. Any rider can win, especially since many are currently in good form after just finishing the Vuelta. There are some flat routes that might favour the sprinters, while the climbs are tough even though they are not long. There will also certainly be many small groups making breakaways.

‘So PLTdL25 is an open race and anyone can win. My personal goal is also to win again while adding UCI ranking points for Astana,’ he said, admitting that being with a WorldTeam this time provides motivation to deliver the best sprints while hoping his teammate, Nicholas Vinoukurov, 23, chases the GC and the Best Asian Rider jersey.

Malucelli’s main rival is Tudor Cycling Team rider, Arvid Kleijn, who was the King of Sprint in 2023 but had to concede to Malucelli’s brilliance last year.

?’I personally asked the team to come here again despite facing a difficult and challenging season early this year due to a 12-week break after a broken collarbone in a crash during the Tour of UAE race last February.

?’The goal of coming here is to win again. I have sweet memories of winning here and I’m happy to return with a good level of fitness and can’t wait to compete in the final sprints again,’ said the Swiss rider nicknamed ‘Little Gorilla’.

?For Burgos-Burpellet BH rider who was also the King of the Mountains jersey winner last year, Mario Aparicio, the memory is still fresh and he appears with a bigger goal of chasing the overall individual green jersey sponsored by PETRONAS.

‘The opportunity to race in the Vuelta a Espana this year also gave me a lot of new experience, even though I fell ill at that time, but I have fully recovered. In fact, I’m back with the same goal and might be able to challenge for the green jersey (GC),’ said the 25-year-old rider who has been with Burgos since 2021.

?The opportunity to race in PLTdL is a new and bigger chapter in a rider’s career, and this was acknowledged by Yukiya Arashiro himself who makes a come-back after 18 years.

?Appearing in the ProTeam Solution Tech-Vini Fantini jersey, Arashiro, who first appeared in 2007 with the Nippo Corporation team, still remembers PLTdL as the top race in Asia.?’I’m happy to be back here again because I still remember it’s always filled with the warmth of the fans and fellow riders – moreover, I admit it’s a smooth and well-managed race.

‘As a team, Vini Fantini is also enthusiastic because we won at the Tour of Shanghai and most of the riders were retained and came here. Although it’s difficult, we hope to win a stage,’ said Arashiro who was courted by several world-class teams like Bbox Bouygues Telecom and Lampre-Merida (now Bahrain-Victorious) and gained experience racing in 16 GT-level races.

?PLTdL fans can also place their faith in the chances of local riders, and the double national champion representing the Terengganu Cycling Team, Muhammad Nur Aiman Rosli, 26, considered as one of the contenders.

‘I serve as a helper for our two sprinters (Harrif Saleh and Wan Abdul Rahman Hamdan), but I’m also looking for my own opportunities,’ said the national road race and individual time trial champion, who is considered capable of causing an upset through a solo breakaway.

A total of 129 riders from 22 teams will start Stage 1 of PLTdL25, the Langkawi Round Island with a distance of 96.7km at 8am tomorrow and finish at the same location at Jalan Padang Matsirat, Pekan Kuah involving three sprint zones and one Category 4 climb zone.?PLTdL25, which has 2.ProSeries status on the UCI Asia calendar, starts in Langkawi and will end in front of the PETRONAS Twin Towers on October 5th, involving a total distance of 1,244.2km.

It is organized by the Ministry of Youth and Sports (KBS) through the National Sports Council (MSN) and is supported by the Malaysian National Cycling Federation (MNCF).

Senator Christopher ‘Bong’ Go, on Monday, September 29, delivered a manifestation in the Senate expressing his full support for the proposed 2026 budget of the Office of the Vice President (OVP), praising Vice President Sara Duterte’s initiatives and contrasting them against what he described as flood control projects that have become ‘gatasan’ for unscrupulous individuals.

The Senate finance committee where Go serves as Vice Chairperson earlier approved the proposed budget of the OVP.

‘Tiwala po ako sa ating Vice President at sigurado po ako na nagagamit nang tama ang pondo ng bayan,’ Go stated during the Senate budget deliberations on September 29.

He stressed his confidence in the way Duterte’s office manages public funds, recalling his years of service under former President Rodrigo Duterte and his familiarity with the Duterte family’s approach to clean governance.

‘Sa totoo lamang po, matagal po akong nagtrabaho kay former President Duterte at naabutan ko po noong siya po’y naging bise mayor ng Davao, [at mayor] si Vice President Sara. Kung istrikto po si dating mayor at dating Pangulong Duterte sa gobyerno, mas istrikto po si VP Sara at alam ko pong magagamit talaga ang pondo para sa pantulong sa ating mga kababayan,’ he assured.

‘Kaysa naman po napupunta lang sa flood control na gatasan po ng iilang mapagsamantala,’ Go cited, highlighting how billions of public funds have been stolen in anomalous or ghost projects while the OVP budget was decreased despite providing direct benefits to vulnerable sectors.

Go went into detail about the programs rolled out by the OVP in recent years, emphasizing their direct benefits to ordinary Filipinos. He even urged fellow lawmakers to find ways to allocate more funding to the OVP to sustain its services.

‘Sa mga nakaraang taon, nagkaroon ang OVP ng mga programang nagbibigay ng tunay na benepisyo sa ating mamamayan. From medical assistance, to relief operations, educational support, pangkabuhayan programs, at libreng sakay among others,’ he noted.

Among the highlights was the OVP’s Medical and Burial Assistance Program, which he cited has helped more than 187,000 beneficiaries when it was still funded. In 2024 alone, the office extended assistance to over 144,000 individuals in need.

He likewise cited the Magnegosyo ‘ta Day Program, which provides entrepreneurial opportunities, including livelihood assistance and training for marginalized groups. The OVP has also been active in disaster relief efforts, aiding more than 200,000 individuals in calamity-hit areas.

‘Nakikita ko rin po ito dahil ako mismo umiikot rin po ako sa mga tinatamaan po ng bagyo,’ Go added, drawing from his own experience in relief operations across the country.

He also underscored the impact of the Libreng Sakay Program, which has served over a million passengers in Metro Manila, Bacolod, Cebu, and Davao. ‘Ito po yung nabanggit ko kanina na atin pong sinusuportahan,’ he remarked, pointing out that he has also personally supported the OVP’s free transportation efforts ‘in my own small way.’

Go also rooted his remarks in his personal experience as a Davaoeño who had long worked with the Duterte family. He emphasized that his support for the Vice President is based not only on alliance but also on his firsthand knowledge of her good governance style and priorities.

‘As a proud Davaoeño, I have witnessed firsthand the remarkable work of the Vice President when she was still the Mayor of Davao City. And when she became Vice President, I sincerely believe Vice President Duterte’s initiatives have been instrumental in helping this government uplift lives and promote the welfare of all Filipinos,’ Go said.

There is definitely growth outside the National Capital Region (NCR) for the country’s property sector. Moreover, there is a strong demand for horizontal (house and lot/lot only development) units.

Joey Roi Bondoc, research head of Colliers Philippines, says seasoned investors would really look for potential sites outside Metro Manila because of the low yields in Metro Manila. ‘If you’re banking on yields, the returns are very low, around 3 to 4 percent,’ Bondoc told the BusinessMirror in an interview held in Makati City.

‘And if you are an astute investor at this point, it doesn’t make sense to still invest in Metro Manila, because prices aren’t really declining and the rents have softened substantially because of the exodus of the Philippine Offshore Gaming Operators. With the yields being very low, you’re now banking on the price appreciation of the lot only,’ Bondoc adds.

Bondoc says the competitive pricing makes the investment proposition in the provinces, particularly the lot-only segment, far more compelling. For instance, there’s a project like Santa Lucia Land Inc.’s Beverly Place in San Fernando, Pampanga, that has shown strong potential for price increases, which is a more sustainable investment right now.

The demand outside of Metro Manila is fundamentally different-it’s driven by the end-user, not the speculative investor. Furthermore, Bondoc says the shift towards areas outside the National Capital Region (AONCR) and lot only are sustained price appreciation, greater push for sustainability, bigger and more open space, improving road network to and from Metro Manila, and vacancy in Metro Manila condominiums remains elevated and its yields have gone down.

According to Colliers, the average take-up rates of H and L units end-Q2 2025 ranged from 86 to 98 percent. On a per region basis, Southern Luzon posted the highest take-up with 94 percent followed closely by Central Visayas (93 percent) while Davao Region and Western Visayas were tied in third spot with 92 percent and Central Luzon was in fourth with 91 percent.

Cavite bagged the largest takeout with 155,000 followed by Laguna (89,000), Batangas (84,000), Pampanga (65,000), and Cebu (61,000).

For the lot-only market in AONCR, Colliers Philippines reported that the average take-up rate of lot-only units in the end Q2 2025 ranged from 81 to 96 percent. Central Visayas led in the regional take-up with 94 percent. Southern Luzon were tied in the second spot with 93 percent while Davao Region and Western Visayas garnered 92 and 83 percent respectively.

Batangas got 31,000 take-outs followed by Cavite (30,000), Laguna (28,000), Pampanga (24,000) and Cebu (22,000).

Sta. Lucia sees opportunities outside NCR.

The Marbella Lake Residences in Victoria, Laguna, and Sta. Monica Lake Residences in Manaoag, Pangasinan are prime investment opportunities from Sta. Lucia Land Inc. Furthermore, the fundamental value of these properties lies in the lake community concept itself. Both developments offer a mix of residential lots (including prime lakefront/lakeview lots) and commercial lots, providing diverse avenues for business and capital appreciation.

The soon to rise Marbella Lake Residences is the first lake community in Victoria, Laguna and occupies an estimated 73 hectares of land. Incorporating the gifts of nature in the development, Marbella Lake Residences is designed to be a verdant community where future residents are engaged to spend more time in outdoor recreation and embrace prime modern living elevated with greener features.

The prominent feature of the lake community is the man-made lake area built with a lighthouse. While other amenities include a community clubhouse built with a swimming pool, function hall and multipurpose basketball court. Home buyers have a variety of options with its selection of promising lots which are either regular lots or lakefront lots.

As the first lake community in Victoria, Laguna, Marbella is designed as a verdant community that encourages outdoor recreation. Prices vary according to lot type and location; and can range from P12,800 up to P25,200 per square meters. Select residential lots are also being offered at a discounted rate of P10,800 until December 31, 2025.

Meanwhile, Sta. Monica Lake Residences is Sta. Lucia’s first development in Manaoag, Pangasinan-the ‘Pilgrimage Center of the North’-a location that gives the community a strong cultural and historical identity. The property features a lake, lighthouse, and open jogging paths, alongside a multipurpose clubhouse with a function hall and basketball court

Price range starts from P 8,000 to P20,500 per square meter, offering competitive entry prices for investors.

Investing either in Marbella or Sta. Monica Lake Residences means securing a property in a meticulously planned, nature-focused community with a high potential for appreciation, supported by the extensive track record of Sta. Lucia Land Inc.