Monterrazas unveils main entrance and guard house

As a welcome treat to all its future residents, GENVI Development Corporation hosted an afternoon picnic on November 20 as it unveiled Monterrazas de Cebu's welcome marker, gate and guardhouse.

As the adults enjoyed the company, food and music, the children were treated to an afternoon of surprises!  A clown, magician and balloon twister entertained the children while the adults looked on enjoying the magnificent view of Cebu from the entrance gates of Monterrazas de Cebu.

Truly a welcome sight to all residents and guests, the Monterrazas de Cebu marker shows a representation of the continuous hills the development rests on.  As if on cue, the natural flora of the mountain serves as the marker's backdrop. 

The guardhouse,a s on enters the property, is masterfullt planned t depict the Genvi logo in a much larger scale. 

True to its vision of environmental sustainability, the grass filled roof of the guardhouse sits under the Genvi logo --- a huge wave taking flight under whose welcoming wings residents and guests enter the community.

Literally translated as "mountain terraces", Monterrazas de Cebu defines luxury like no other.  It boasts of a wide range of amenities insulting a Resort-inspired Clubhouse in every phase, pocket parks and playgrounds, jogging trails and wide open spaces for every active lifestyle.

Monterrazas de Cebu is Cebu City's most prestigious 200-hectare residential development rising majestically in Guadalupe with a commanding  view of Cebu City, the forests of Buhisan and the nearby islands of Mactan and Bohol.

Located 335 meters above sea level, Monterrazas creates an exclusive city, comprising of residential.  Future residents will enjoy first-class amenities such as a multi-purpose court for basketball, volleyball, badminton and jogging trails, a resort-inspired clubhouse, and theme park. 

www.monterrazasdecebu.com

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Cebu Estate Hub is a hub dedicated to providing instant solutions to the growing requirements of people in the realm of real estate, locally as well as Philippine wide. The real estate market has expanded substantially to cover a wide area of commercial activities that can only be performed by skilled professionals like real estate agents, homebuilders and realtors. Cebu Estate Hub attempts to become a one-stop source for valuable information and useful resources pertaining to all that comprise the entire domain of real estate business in Cebu and Philippines.


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OPMC LAUNCHES NEGOSYO PARTNER

Just recently, Orchard Property Marketing Corporation launched their latest income generating project called “The Negosyo  Partner”.

“This project is truly a unique opportunity for the young entrepreneurs who is hungry for big sustainable income. Our Negosyo Partners will realize a business proposition that is unique in our industry – the real estate industry.”,  said Eduardo Tirona, President of OPMC. “This business is absolutely free. No franchise fees or whatsoever. All it needs is your time and effort – just like any other business.”, added  Tirona. 

Orchard Property is the exclusive marketing network of Sta. Lucia Realty & Development, Inc. – the biggest subdivision developer in the Philippines. For more than 15 years, OPMC has established itself as the leading marketing arm of SLRDI and is marketing quality real estate projects nationwide. For more details about being a Negosyo Partner, please call Davie Mateo at (02) 638-4268 local 122 or (0922) 896-5102.16 on 16 Anniversary Promo

P 16,000.00 bonus cash will be given to all buyers who will book lots at 20% Outright Down Payment with 16% discount on the DP (16% ON 20%) Here's a sample computation: P 700,000 (total contract price)P 140,000 (20% Down Payment)P 22,400.00 (16% discount on DP)P 16,000.00 (Cash Bonus)

* For check payments, 3 days clearing is required prior to releasing the bonus cash.

* For Sta. Lucia lots only.

Here is the list of participating projects:

OPMC and Go negosyo shares the passion for entrepreneurship

“We believe that having an entrepreneurial mindset can help each Filipino live their dreams”, says Eduardo U. Tirona, President of Orchard Property Marketing Corporation (OPMC), the exclusive marketing network of Sta. Lucia Realty & Development, Inc., the builder of quality residential subdivisions nationwide. Seen below are Ed Tirona and Joey Concepcion doing the ceremonial handshake after signing the Memorandum  of  Agreement.  Also on the photo are Irma Topacio, OPMC’s VP for Finance & Admin (at left) and Mon Lopez, Executive Director for Gonegosyo (at right)  Being a Negosyo Partner will provide you with income that really doesn’t require too much effort.  Just like getting a franchise of your own, location is still of prime importance, but this time without the franchise fee.

"BUWAN NI JUAN" PROMO EXTENDED!

For more information about the “Buwan ni Juan” promo, please contact Orchard Property Marketing Corporation Head Office (02) 635-4946 or our branch offices at SM Fairview (02-3556305), SM Sta. Rosa (049-9001270), SM Lucena (042-3737846), SM Dasmariñas  (046-4818811), Bulacan  Branch Office (044-6751476),Bacolod Branch Office (034-4440392), Iloilo Branch Office (033-3332146), Cebu Branch Office (032-2312930), SM Cebu (032-5054825), Davao Branch Office (082-2219444) and General Santos Branch Office (083-5538434).

Celebrating “Buwan ni Juan” As the country celebrates Labor Day, Sta. Lucia Realty & Development, Inc. through its exclusive marketing arm Orchard Property Marketing Corporation, launches their nationwide sales promo entitled : “Buwan ni Juan”!

“We would like to join the country by treating our Filipino workers here and abroad with special discounts on Sta. Lucia Realty properties located at prime areas in Luzon, Visayas  and Mindanao.” , says  Liezel Tuason-Magpoc, VP-Sales & Marketing of Orchard Property. “We give special discounts on down payments and balances payable in long terms with very minimal interest rates, the first year of this term will even be interest-free.” – added Magpoc.

Aside from the discounts that OPMC and SLRDI are offering, buyers can choose from the model houses of Sta. Lucia and they can get a FREE plan worth P350,000  upon application to construct with Sta. Lucia. These house plans, ranging from a Bungalow 36sqm. To  a 123sqm. Two -storey house – depending on the project and its location, include the architectural, structural, electrical, plumbing and the house’s specifications. 

“We always honor the sacrifices of the Filipino worker and providing a better future for his family is our utmost priority.”,  says Eduardo U. Tirona, President of Orchard Property Marketing Corporation. “With Sta. Lucia and Orchard Property, our buyers get their money’s worth and are  sure that they will always be backed up by a developer and marketing arm that’s been in the industry through challenging times.”

opmc.ph

A LIFESTYLE OF CONVENIENCE AT CAMELLA NORTHPOINT

CAMELLA Northpoint studio units are your one-room abode that gives you so much more than just a home. A studio unit is the home of choice for those who want to spend more time on their pursuits – be it business, career, or family. That’s because living in a studio unit is so convenient, you have more time to spend on things that matter to you most. As a single-room home, your Camella Northpoint studio unit does not require a lengthy time to clean and maintain. You can clean left and right as you go along, as everything is efficiently positioned and easily accessible. With an easy cleanup, maintaining your studio unit is a breeze. As the only master-planned condo community at the junction of J.P. Laurel Avenue, Bajada and Buhangin Road, Camella Northpoint has the best location for a studio unit in the city. Situated within the heart of north Davao’s growth area, it is quite close to business establishments, modern offices, shopping outlets, restaurants, bars, supermarkets, schools and universities, department stores, churches, public markets, hospitals, as well as the airport, seaport, and public transport. If you work, study or do business within city limits, Camella Northpoint's location is excellent for you as you will be living within close proximity to your workplace, business, or school. No more early morning rush or anxiety over traffic congestion as your travel to your destination will be short and convenient. What's more, you can even detour to your favorite coffee shop to grab a hot cup and sandwich, or even read the freshest news from the newspapers in one of the many nearby coffee shops. After a day's toil at work, school, or managing your business, it's another brief travel going home to Camella Northpoint. When you get to your studio unit, just kick off your shoes and settle down on your comfy couch to relax and while away your time watching TV, playing games, cuddling up with your loved ones, or enjoying the great view outside your window. When the nightlife beckons to you, it’s just another quick trip to the many bars, restaurants, movie houses, and watering holes in hotels, malls, and entertainment areas in the city. Within a five-kilometer radius, you can jaunt off to the many hotspots of Davao found at the Abreeza Mall, Damosa Gateway, Victoria Plaza, Gaisano Mall, the restaurant row along Torres Street, or even the quaint, homegrown establishments at the Rizal Promenade, Habana Compound, and along the streets of Legaspi, Mabini, and Torres. Or you can simply choose to stay home and take advantage of the luxurious facilities and amenities of Camella Northpoint. Stride over to the clubhouse, the stately Wakefield Manor, and lounge away at multi-purpose hall or at the cabanas beside the pool. Or melt away those stresses by buffing it up at the fitness gym or diving into the wellness pool and lose yourself knifing through its salinated water for an invigorating lap. Better still, share laughter with family or friends while having a barbecue at the clubhouse grill pits. You can also choose to walk around the manicured landscape, pocket gardens, playground, and park, and take in the fresh scent of Caribbean pine trees growing all around you. Camella Northpoint has hundreds of these imported all-weather pines growing all over the condo property, providing a cool, green, and refreshing ambiance. This charmed lifestyle is yours for the taking once you move in to your Camella Northpoint studio unit, as it gives you all the single-space convenience and freedom you need to enjoy a balance between work, leisure, and a full, active social life. The newest premier address in the city, Camella Northpoint is a British colonial-themed condo development of masterplan developer Camella Davao, subsidiary of the country’s largest homebuilder, Vista Land & Lifescapes.

www.camellahomes.net

Robinsons Land budgets P13b for capital spending

Robinsons Land Corp., the real estate unit of conglomerate JG Summit Holdings Inc., is spending P13 billion this year to finance land acquisitions and construction of real estate projects. Robinsons Land said in a filing with the Philippine Stock Exchange that it would spend 62 percent of the budget, or about P8 billion, for the construction of shopping malls, office buildings and hotels. The company will allot 38 percent, or P5 billion, for building residential condominiums and horizontal housing units.

“These will be funded through cash from operations and borrowings,” Robinsons Land said. Capital spending in 2012 was slightly lower than P13.9 billion in the previous year. Robinsons Land said net income in fiscal year 2011 that ended September rose 10 percent to P4 billion as gross revenues grew 18 percent to P13.3 billion from P11.3 billion a year ago. The commercial centers division contributed P6.23 billion of the real estate revenues for the year, up 8 percent from P5.7 billion last year. The company attributed the increase to higher rental fees and strong take-up of leased areas in recently renovated malls.

The company had seven new shopping malls in 2011 while three expansion projects are in the planning and development stage for completion in the next two years.

Robinsons Land’s residential division booked P4.5 billion in revenues, up 41 percent a year ago due to an increase in the completion levels of existing projects, such as The Fort Residences, East of Galleria and Woodsville Viverde and higher take-up of realized revenues from new projects such as Trion Tower 1, Sonata 1 and Amisa 1 and 2.

www.manilastandardtoday.com

THE KING PROPERTIES

The event started with the blessing of Villa Solana Consolacion's newly completed Gazebo.  It was then followed by the Induction of the 2011-2012  Homeowner's Association Officers with the presence of Mr. Jason A. King, one of the directors of Juanito King & Sons, Inc.  Management and operation of the subdivision commence on January 2012 handled by the Villa Solana 

Homeowners Association, Inc. (VSHAI) 2011-2012 Officers. The Housing Market - Where We Stand Now - Monday, 23 January 2012 - 11:46am After a few years of depressing information out of the U.S. housing market, this month’s data continues to be mixed. Is recovery truly in the works? Here’s what the numbers say Foreclosures According to numbers from real estate data firm Realty Trac, foreclosures in January were down, the second consecutive monthly drop. 

The national foreclosure rate fell to one in every 409 U.S. households, representing a ten percent decline from December Realty Trac’s executive was not convinced this is a true sign of recovery though."January foreclosure numbers are exhibiting a pattern very similar to a year ago: a double-digit percentage jump in December foreclosure activity followed by a ten percent drop in January," James J. Saccacio, chief executive officer of RealtyTrac, said in a statement."

If history repeats itself we will see a surge in the numbers over the next few months as lenders foreclose on delinquent loans where neither the existing loan modification programs or the new short sale and deed-in-lieu of foreclosure alternatives works," he said The states still getting hit hardest by foreclosures are Nevada, Arizona, California, Florida, Utah, Idaho, Michigan, Illinois, Oregon, and Georgia.Home Sales Existing home sales were down again in January, falling 7.2 percent from December, based on data from the National Association of Realtors. 

According to the Census Bureau, new home sales hit an all-time record low in January, plummeting 11.2 percent to a seasonally adjusted annual pace of 309,000 units. That is the lowest rate of sales on record. Foreclosed homes and short sales continue to attract more buyers than the higher prices of new homes. Fannie MaeThe government-sponsored entity, which has been under government control since September 2008, recently announced it will need another $15.3 billion in bail out money from taxpayers. Fannie Mae, one of the largest mortgage finance companies in the country, had $216.5 billion worth of non-performing, toxic loans on its books as of December and just reported total 2009 losses of $74.4 billion dollars. Fannie and Freddie Mac, the other mortgage GSE , have been instruments in getting bad loans out of the investment markets, but apparently couldn’t take on the nation’s problems without eventually dealing with them as well.

 Interest Rates Mortgage rates stayed low for the entire month of February, but there is plenty of talk as to what will happen after the Federal Reserve stops buying up mortgage-backed securities at the end of March. Most say the laws of supply and demand suggest rates will rise, perhaps by a half to a full percent. Yet, based on recent statements by officials, there is reason to believe the Fed and the Obama  Administration are perfectly willing and ready to step back in to aid the housing market if rates do start to rise, which would in turn bring lower rates again While no one is ready to say the housing market is back to normal, things are at least better than they have been during some periods over the past two years. The question is whether they will continue to improve or head south again.

www.kingcebuproperties.com

Booming Office Sector Spurs Growth of Cebu’s Residential Sector, CBRE Shares

Cebu, Philippines – Leading real estate services and advisory firm CB Richard Ellis Philippines (CBRE) is bullish on growth prospects for Metro Cebu’s real estate sector.  Based on recent findings by CBRE, developments in the office sector—particularly with the growth of the outsourcing & off-shoring industry in Cebu, provided impetus for residential investments. 

“Cebu is fast emerging as the preferred BPO and IT destination not only in the country, but also in Asia. This favourable business environment provides immense opportunities for growth in the residential market, and a synergy of opportunities across Cebu’s real estate sector,” said CBRE Philippines CEO and Chairman Rick Santos.   

This uptrend is seen to be sustained as Cebu has one of the lowest rental rates in the Asia Pacific Region and with approximately 103,146 square meters of gross leasable area of office spaces in the pipeline. 

This expansion in the office market is further driving residential condominium developments in Cebu. The influx of expatriates working in BPOs, business tourism, and subsequently, local demand has whetted the market’s appetite for high-rise dwellings and are observed to be moving closer from the fringe areas to Cebu’s business centers. The entry of major developers such as Ayala Land, Federal Land, Filinvest Land and Robinsons Land to in the Queen City of the South also reflects this strong demand. Increase in tourist arrivals and OFW remittances are seen to further support this demand for residential spaces.

There are 8,082 residential condominium units for turnover in Metro Cebu in 2011, which is thrice the number of units in the previous year. The profitable high-rise residential market drove the costs of units up, with prices ranging from PhP70,000 to PhP 105,000 per square meter in Asiatown IT Park district and at least PhP94,000 per square meter with certain three bedroom units breaching PhP150,000 per square meter at the Cebu Business Park area.

www.cbre.com.ph

Megaworld launching 11 condo projects in first half

Megaworld Corp., the second-biggest property company in the country, plans to launch 11 residential projects in the first six months of the year in a bid to maintain its leadership as the country’s leading condominium builder.

“We at Megaworld aim to open the year 2012 on a strong note. We are set to launch 11 residential projects in the first half of 2012,” Megaworld senior vice president Francis Canuto in a statement said. Megaworld, meanwhile, has been ranked as the country’s top residential condominium developer, based on the latest study of CBRE Philippines.

The study cited the developer had cornered a 16-percent share of the market, which translates into more than 40,000 condominium units. In addition, the overall volume of units launched by Megaworld in the same 12-year period accounted an estimated total aggregate saleable area of about 1.9 million square meters, or 17 percent of the market. Colliers International earlier cited Megaworld as the no.1 residential developer based on the number of residential units completed and to be completed until 2016 and the total aggregate saleable area. Both CBRE Philippines and Colliers International are global companies that provide a roster of real estate services.

www.manilastandardtoday.com