Tag: NHSB
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Government Slashes Maximum Rent Increase for Affordable Housing
The National Human Settlements Board (NHSB) has announced a significant reduction in the allowable annual rent increase for residential units priced at PHP10,000 or below per month. The new cap, set at 2.3 percent, marks a decrease from the previous year’s 4 percent limit and will be effective from January 1 to December 31, 2025,…
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