NAGA CITY (Nov 24, 2011) - If allegations are to be believed, some local Filipino-Chinese have positioned themselves to make a killing out Naga City’s real estate boom that has not let up for the past 10 years.
Leading developers in the country have flocked to the city to compete in acquiring prime lands, mostly converted from sugarlands and coconut plantations. The foot of Mount Isarog is now site of rapid development of subdivisions and housing projects.