Property Sales
Homebuyers in Hong Kong snapped up all 213 flats in Phase 2A of Sun Hung Kai Properties' Sierra Sea development by 9pm on Saturday. The project garnered 42,330 subscriptions, achieving a record oversubscription of over 197 times. Information on the 49 units offered via tender was not disclosed.
Imeripotiwa na AI
The Commission on Audit has held five former officials of the Presidential Commission on Good Government, including ex-chair Juan Andres Bautista, liable for selling three sequestered properties at undervalued prices from 2012 to 2014, causing government losses of over P190.1 million. Coa rejected their petitions in a 16-page en banc decision released on October 24. Auditors questioned the sale prices based on a new appraisal by the Coa's Technical Services Office.