Subdivision and Housing Developers Association, Inc

7 Replies

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 [email protected]

Ametta Place by Alveo Land: Where Boutique Meets Real Estate

1 Reply


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.
Continue reading →

BPI Family Bank has Low Lending Rates for Ayala Properties

Leave a reply

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.

Source

Anvaya Cove in Bataan, Ayala Land Premier’s First Leisure Community

Leave a reply

Ayala Land Premiere has been working on creating the first leisure community in the north, and now the beautiful Anvaya Cove in Morong, Bataan is now open for viewing. Boasting of 320 hectares of land area, Anvaya Cove also has a 3.5km coastline with two private coves, as well as rolling hills of narra trees, mango trees, and bamboo groves. Like the rest of Ayala Land’s planned communities, Anvaya Cove will have low-impact development to preserve the natural beauty of the land. This means that all homeowners will have breathtaking views of the ocean and a chance to ecologically interact with birds and wildlife.
>

Not only will you get to enjoy nature at its finest; at Anvaya Cove, you will be treated like royalty. Membership at the exclusive Anvaya Cove Beach and Nature Club is a prerequisite to purchasing property. This exclusive club is one of its kind in the Philippines, for it redefines leisure in a setting where amenities are integrated into the natural landscape. Located at the center of the community, the Anvaya Cove Beach and Nature club offers multiple alternatives for pleasure, pampering, and recreation.

Lots are selling for as low as P3.8M, and townhouse type units are selling for P16M. For more information, contact Antonio P Reyes at (0918) 333-35-75, (0916) 675-36-89, or through his US phone number via VoiP at (317) 493-5744.

Circulo Verde Model Units

Leave a reply

Yesterday, I went to check out the model units at Circulo Verde, a 12-hectare master-planned development by Ortigas designed to bring the essence and charm of a small town into the spirit of the big city.

The concept behind Circulo Verde is that residents will always be within walking distance from an open space, whether it be a park or river access.

And despite being surrounded by the beauty of nature, residents will also find modern conveniences within the neighborhood.

I’m actually not concerned about how pretty the development will look like or the amenities offered; all I want is a well-lit place of my own that’s safe and easy to access through public transport. The problem with Circulo Verde is that it’s a bit far from the nearest MRT station (Santolan) and to get to C5, you’ll have to take a tricycle. What I do love about Circulo Verde is that each room is spacious, well-designed, and come with easy payment terms. I took a look at the one-bedroom flat and one-bedroom loft units yesterday and I’m very impressed with what they’ve got.

Continue reading →

Balikbayans and Philippine Real Estate Ownership

Leave a reply

The Philippine real estate market is being kept afloat by OFWs and Filipinos abroad, but can natural-born Filipinos who lost their citizenship, or balikbayans, own real estate property in the Philippines?

The Philipipne Law says yes, but there are several limitations to this:

1) The land may be acquired through donation, sale, tax sale, execution sale, or foreclosure.
2) The land can only be used for residential or business purposes.
3) If the land will be used for residential purposes, one can only own 1,000 sq meters maximum of urban land, or 1 hectare of rural land.
4) If the land will be used for business purposes, one can only own 5,000 sq meters maximum of urban land or 3 hectares of rural land.
5) A maximum of two lots that do not exceed the maximum limit in the total combined areas is allowed. The lots must be located in different municipalities or cities.
6) Either urban or rural lots can be acquired – not both.
7) For married former Filipinos, either one or both spouses may avail of this within the limitations above. This means that if both avail of property, the total area acquired by the couple must not exceed the maximum.
8) Transfeeres who already own urban or rural property for business or other purposes are entitled to be a transferee, so long as when added to those already owned, the property must not exceed the maximum.

Dual citizenship holders, however, are allowed full rights of real estate possession in the Philippines.