Philippine Real Estate Broker

I had a chance to understand more of the Subdivision and Housing Developers Association, Inc (SHDA) and of their past and present accomplishments. Their byline “One Voice nad One Organization Uniting all Housing Developers (Horizontal & Vertical) Nationwide” is very assuring. It is heartening to know that a group is working out ways to help out the real estate industry in the Philippines. Despite the slow down of economic growth globally, low-cost housing is still in demand which is up to the 3 million peso range. The market is made up mainly of our overseas filipino workers.

One of its noble mission is to produce 400,000 affordable and decent housing units annually which most of our countrymen need. Aside from this, I also believe that a good mortgage package needs to be in place.

SHDA played the lead role in advicing Housing and Urban Development Coordinating Council (HUDCC) Chair Noli de Castro to reduce interest rates on housing loans in 2006, the extension of repayment terms to a maximum of 30 years; and an increase in the loan-to-value ratio of the housing unit used as a collateral. There are also proposed bills which are being monitored such as Senate Bill Nos. 37/422 “An Act Establish a Socialized and Low-Cost Housing Loan Restructuring Program” which has been enacted into a law last month. There are other pending bills and it is reassuring to know that soon, some of our countrymen will be able to afford to purchase their own homes.

For more information on SHDA, contact them at +632-893-4328 or SHDA.secretariat@yahoo.com

at the Press Launch: Nerissa Josef, Vice President for Project Development of Alveo Land and Antonio N. Aquino, Ayala Land President and Dan Abando, President of Alveo Land

Alveo Land launched today the first and only townhouse development in Pasig City, a breather from the high-rise and mid-rise condominium projects that mostly surround the city where I live. With the launch of boutique residential living in the country, Alveo Land through Ametta Place introduces its maiden townhouse development.

The boutique concept is a buzzword that used to belong exclusively to the hospitality and fashion industry. Synonymous for personalized service, taste, and style, the boutique concept is now being applied to real estate, with Alveo Land’s Ametta Place pioneering boutique residential living in the Philippines. Located in Pasig, Ametta Place transcends the monotonous real estate offerings given by traditional real estate, and completely redefines upscale living in the city.

Ametta Place is going to be the first and only upscale townhouse development in an area of high-rise and mid-rise condominiums. Each unit features warm contemporary architecture and a streamlined generous layout to make the most out of the space you have and to enhance day-to-day living. Its location also means that suburban serenity is fused together with the convenience of living right in the middle of the city. Most families wouldn’t like living so close to an urban area but the privacy of the residents is one of the main priorities of Ametta Place.
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On May 30 and 31, 2009, Ayala Land Inc and BPI Family Savings bank will be showcasing prime properties and low borrowing rates at the Glorietta 5 Mall, Makati. In this two-day affair, anyone who wants to acquire properties from Avida, Alveo, and Ayala Land Premiere can easily do so through the low lending rates of BPI Family Bank.

BPI Family Bank’s Build Your Dream housing loan has the lowest rates in the market. Applicants with a minimum of P40,000 gross monthly income can qualify for a housing loan, giving people from diverse demographics the chance to buy their own home.

BPI Family Savings Bank is a subsidiary of the Bank of the Philippine Islands, one of the Philippines’ top commercial banks. They offer a number of loan and savings products while Ayala Land is the country’s leading real estate developer, with eight decades of real estate experience.

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