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Great
alternative
to wood materials
WITH THE INCREASING scarcity of natural wood and homeowner
demands for lower maintenance, plastic-based lumber may be
the best choice for residential, commercial and industrial
building projects nowadays.
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story
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Attracting
luck this
Christmas season
THOUGH feng shui has Taoist roots, the practice may also
be utilized to encourage the flow of favorable energy this
Christmas season.
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story
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Green
architecture, good design
WHY hire architects? Technically, to build any structure,
what you need is an engineer.
So why get architects? Most people will agree that architects
are necessary since they are professionally trained to design
a structure well. Therefore, architects are necessary for
good design. However, the concept of "good design"
becomes gray at this point, for what qualifies a design's
being good? Is it simply the personal tastes and caprices
of the client? After all, beauty is in the eye of the beholder,
right?
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story
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Making
a home
for Christmas
I DON'T really know why but I turn nostalgic as soon as Christmas
season ushers in. It must be the cool breeze that gently embraces
the child in me. My favorite blankets seem unwilling to part
with me at this time and it takes a lot of snooze and snuggles
to finally bring me up. My mornings become as languid and
assuring as these cloudy days. It must be the air of the auspicious
Holidays. The reminiscences of Christmases past when all I
ever anticipate is to wake up in the smell of hot chocolate
and slowly roused from sleep by the blinking of my mom's old-fashioned
Christmas tree.
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story
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Reinventing
the Filipino
home: Smaller but better
WHEN one thinks of a Filipino home, standard images are of
a "kubo" with nipa roofing and "sawali"
walls. However, isn't it more appropriate to think of a home
designed for the Filipino... his needs, his habits, his way
of life and even his budget?
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story
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Ponderosa
launches demo homes
PONDEROSA Leisure Farms recently introduced its demo unit
to show its would-be owners the new life awaiting them at
this 53-hectare property being developed by Landco Pacific
Corp.
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story
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Jardine
Land to invest
P1.5B in Luzon projects
JARDINE Land Inc., with its development subsidiary Jardine
Properties Inc., is set to invest P1.5 billion worth of projects
located in various parts of Luzon.
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story
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Bathrooms
a feng
shui liability
BUT seat of the soul or not, toilets -- and bathrooms --
are considered by practitioners a feng shui liability. According
to Zaihong Shen, author of "Feng Shui, Harmonizing Your
Inner and Outer Space," the bathroom contains the most
yin energy. This is because the bathroom or toilet has the
most number of water sources-the toilet bowl, sink and shower
or bathtub. Tile and porcelain, the materials most commonly
used in building bathrooms and toilets, likewise give off
yin energy.
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story
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For
green buildings, new
is not necessarily better
THERE are many who cling to the belief that whatever is new
is better. From clothes, to cars to cell phones, it is the
latest design or model that is desirable and appealing to
most people.
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story
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Minimalism
maximized
STYLISTIC austerity in the arts. This may be the minimal
way to define minimalism.
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story
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Eastwood
City: Premier
urban center in RP
A FEW years ago, topnotch US-based Klages, Carter Vail &
Partners was commissioned by a visionary Filipino real estate
company to transform a 16-hectare property in Libis, Quezon
City, into a master-planned urban township with all the aspects
of city living found within one carefully designed satellite
community.
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story
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Exclusive
haven
rises in Sta. Rosa
THE HISTORIC Spanish city of Caceres is known for its fortress-like
houses and towers, which were once inhabited by nobility.
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story
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Treating
dining rooms right
WE do not fuss over it that much, so long as there's a table
big enough to accommodate the plates and utensils, the bowls
of viands, the drinking glasses, and so long as there are
enough chairs to sit the whole family.
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story
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Tamarind
Cove offers privacy,
strong community ties
HOMEOWNERS today are seeking communities that offer a balance
between privacy and good social interaction among neighbors,
according to the planners of Tamarind Cove.
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story
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Rosy
outlook seen
for second homes
ONE of the gleaming segments of an otherwise lackluster real
estate market is bubbling up in coastal towns, mountain towns
and other vacation spots.
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story
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Appeasing
the 'kitchen god'
I FIRST met the "kitchen god" through Amy Tan's
book "The Kitchen God's Wife." The "kitchen
god" is a god sent to each family to take charge of the
family's affairs. The family is supposed to win his good side
because he reports on what the family has done in the past
year to Heaven. Little did I know then that I would again
encounter this ancient deity.
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story
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The outdoors
inside
LAST night was a wake-up call for me. I was having this much
anticipated dinner with long time friends but in between the
laughter and catching up, we found ourselves consulting one
another for office concerns, pressures and other deadlines
(including this piece I'm writing!) rather than really talking
about what we used to-our hearts and its pursuits.
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story
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Water
and architecture
I AM a diver and have witnessed the perfection of the underwater
world teeming with aquatic life. Water covers two-thirds of
this world we call home, prodding me to ask my spiritual adviser,
Fr. Jim Atchacoso, if this beautiful world we live in is really
meant for us and not primarily for the marine life existing
in a perfect world of colors and harmony. His response was,
"God has so much loved us that He created all these wonderful
things for us to cherish and respect."
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story
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Retail,
renovation market props up
construction supply sector -- exec
ALTHOUGH the Cebu market for hardware and other home accessories
remain flat, the Cebu-based company survive the slow pace
of the industry by going directly to the retail market.
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story
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One Central
Park
offers world of pleasure
OWN a limited edition signature bag. Savor a spicy Asian
dish. Grab some coffee to go. Work out at the gym. Or just
relax amid resort-style amenities. From the comfort of home,
a world of fun and convenience is just an elevator ride away.
This is the luxury lifestyle that awaits at One Central Park,
now rising 38 stories above property giant Megaworld Corp.'s
Eastwood City.
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story
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Forbeswood
Heights:
A balance of contrasts
PRIVACY and wide, open spaces -- two contrasting elements
that blend seamlessly in one luxury address: Forbeswood Heights.
In this exciting enclave, homeowners enjoy the best of both
worlds without ever leaving home.
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story
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Reward
your years of hard
work with AGE home
YEARS of hard work to save for the future makes one doubly
careful of where his or her earnings go, especially after
retirement.
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story
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Victorianne
launches
Duetto model home
BRITTANY Bay, a unique community of neighborhoods with its
distinctive neo-Victorian theme inspiration, recently launched
the Duetto model home in its Victorianne neighborhood. It
is also a novel urban renewal concept offering a different
"lifescape" that is redefining standards for metro
living.
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story
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Spanish
splendor lives
on at Sta. Rosa Heights
AT STA. Rosa Heights, Empire East Suntrust (Empire East Properties,
Inc.), developer of affordable energy-saving homes, is building
a Spanish-style community in a choice location in Silang,
Cavite. Today, middle-income families can experience the beauty
of Spain -- and enjoy a complete, modern lifestyle -- in this
23-hectare residential development set to rise along the Sta.
Rosa-Tagaytay National Road.
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story
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Urban
sprawl in the south
ACAVITE is strategically located at the intermediate zone
of the metropolitan Manila area. The urban influence of the
metropolis together with easy accessibility, adequate infrastructure
and fresh natural setting makes the picturesque province an
ideal refuge.
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story
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Better
housing options
for RP middle class
A COMPLETE, well-connected lifestyle for less for the average
Filipino family. Empire East Suntrust (Empire East Properties
Inc.), developer of affordable, energy-saving homes, aims
to make this dream a reality with its newest development,
Sta. Rosa Heights.
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story
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Looking
at tomorrow's homes today
WHAT will the home of the future be like?
For Kunio Nakamura, president of Matsushita Electric Industrial
Co. Ltd., it will be one that features state-of-the-art home
electronic appliances where a single, unified remote control
will be the key interface linking household appliances, audiovisual
equipment and home servers.
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story
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Choosing
the best location
WHILE we are given more choices with the influx of subdivisions
and housing communities, it is vital for property buyers to
assess the land on which they will build their home. Much
effort, time and money will be spent on a new property so
it is only reasonable for the buyer to scrutinize the location.
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story
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New urbanism
HOW would it feel like living in a place where everything
you need is just a few steps away? You need not wake up very
early in the morning to get to work. You could have breakfast
with your loved ones. Your kids may choose to bike to school.
You have a choice of a dozen dishes, or the time to cook one
yourself. You can spend more time with your kids and avoid
the stress of commuting. You even have time to read a good
book or go home for lunch on a weekday!
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story
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Romancing
Asia
A THRILL that never fails to give me a high as a designer
is allowing my imagination to run wild as I stare at the details
of a designed space-and visualize the new life that can be
breathed into that seemingly empty space.
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story
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What
your house
reveals about you
BREATHE fresh, cool mountain air, stroll gently around the
park, take a dip in the swimming pool or enjoy a game of tennis.
You might also go to the clubhouse for an energizing workout
in the gym or let any lingering stress drip away in the sauna.
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story
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Power
living in the heart of Makati
SET right in the thick of the action at the heart of the
Makati business district, three luxury residential high-rises
by property giant Megaworld Corp. welcome successful urban
professionals to luxury living at the top: Paseo Parkview,
Greenbelt Radissons and Greenbelt Parkplace.
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story
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Bamboo
cheaper alternative
to steel in building houses
WITH CHINA gobbling up much of the world's steel supplies
to satisfy the demands of its booming construction sector,
steel prices have risen steeply.
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story
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Green
architecture leads
the way to a better world
THIS year, countless people will be hospitalized in Metro
Manila for illnesses due to unhealthy buildings.
read
story
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Enjoying
the good
life in Tagaytay
BREATHE fresh, cool mountain air, stroll gently around the
park, take a dip in the swimming pool or enjoy a game of tennis.
You might also go to the clubhouse for an energizing workout
in the gym or let any lingering stress drip away in the sauna.
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story
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De Castro
to cite new
thrusts to lick homelessness
VICE President Noli de Castro is expected to discuss new
thrusts in the government's housing program for the country's
homeless and forge a closer partnership with the private industry
to boost housing production in his keynote address before
the joint annual national convention of the Chamber of Real
Estate and Builders Associations (Creba) and the Housing and
Urban Development Coordinating Council (HUDCC).
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story
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Solid
Cement testing
lab gains int'l recognition
INTERNATIONAL quality standards set for cement products have
become so stringent that cement companies worldwide have to
invest in modern testing and laboratory facilities to keep
in pace.
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story
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Condo-type
house
for price of scooter
ARCHITECT Jose Guevarra Casus, 73, is a new resident in upscale
subdivision Hillsborough south of Manila.
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story
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New
model units available
for viewing at Chateau Elysee
MID-SCALE residential condominium Chateau Elysee recently
unveiled its new and more affordable two-bedroom model units
aimed at buyers looking for affordable, high quality and modern
residential development.
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story
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LRT extension
boon
for Cavite projects
WITH the first phase of the Light Rail Transit (LRT) Line
1 extension, from Baclaran to Bacoor in Cavite, set to start
construction this year, Empire East Suntrust (Empire East
Properties), a developer of affordable, energy-saving homes,
expects to benefit from a surge in market interest in its
Cavite-based community housing projects.
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story
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A success
story
in Calabarzon
LEADING mid-range housing developer Empire East Land Holdings
Inc. has announced the brisk take-up of the third and fourth
expansion phases of its Laguna BelAir township project in
Sta. Rosa, Laguna. Currently home to 2,187 families, Laguna
BelAir is the most successful community development in the
Calabarzon.
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story
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Terrazas
opens
second phase
AN EXCLUSIVE seaside community in Nasugbu, Batangas, has
formally opened its second phase of development offering club
membership privileges for the 127 lots available to buyers.
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story
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The 'site
and sound'
of structural acoustic wonder
UNLIKE building restaurants where everyone involved in the
construction-from carpenters to plumbers-can afford to rush
the job because there's just one big space to work on, building
a videoke or KTV establishment entails a more tedious construction
process. If you've been into a videoke bar lately, you would
have noticed the maze of hallways you must have walked through
to get to your designated room.
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story
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Homebuilders
upbeat
on new housing czar
HOMEBUILDERS affiliated with the Organization of Socialized
Housing Developers (OSHD) of the Philippines are upbeat on
the business prospects of housing this year, with the recent
appointment of Vice President Noli "Kabayan" L.
de Castro, as concurrent "housing czar" through
his assumption of the chairmanship of the Housing and Urban
Development Coordinating Council.
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story
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CREBA
warns of real fiscal crisis
over certain tax measures
THE CHAMBER of Real Estate and Builders Associations (CREBA)
said Monday that despite prevailing difficulties, there is
no state of fiscal crisis, but warned that it will certainly
develop if government continues in its present direction,
particularly in imposing tax measures such as gross income
taxation, additional two pesos per liter tax on all petroleum
products and an increase in the Value Added Tax (VAT) to 15
percent.
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story
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Developers
hope housing
measures to continue
THE RECENT appointment of Vice President Noli de Castro as
chairperson of the Housing and Urban Development Coordinating
Council (HUDCC) was a welcome development and hope this would
signal the continuation of the HUDCC's previous course of
action that was temporarily halted during the recent national
elections.
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story
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Grand
Eastwood Palazzo:
The art of living well
TOWERING 38 stories, The Grand Eastwood Palazzo is poised
to take its place as another emblem of cosmopolitan living
in the imposing Eastwood City skyline. Inspired by Europe's
famed architectural landmarks such as London's Buckingham
Palace and Madrid's Palacio Real, The Grand Eastwood Palazzo
blends European influences with neoclassical themes to create
a distinctive residential enclave.
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story
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Putting
a new face
to an enduring landmark
THE OPENING of Edsa Central Shopping Complex in the '70s
marked the beginning of a concept called "midway point"
wherein travelers either going to work or back home could
go some place halfway their destination to shop, dine or just
relax.
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story
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RP restaurant
sports
Malay-inspired look
THE ELEVATED entrance looks like the wooden Sanctuary of
Truth castle in Pattaya, Thailand. But while the castle in
Pattaya is adorned with carvings and sculptures of celestial
bodies and supernatural characters of Oriental origins, this
one boasts of lithe Malay female statues in a perpetual welcoming
gesture to passersby and its dwellers.
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story
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Spirit
of Tuscany lives
on at Megaworld project
A SPRAWLING landscape of natural beauty, Megaworld's McKinley
Hill Village in Fort Bonifacio bears the essence of quality
living: grace, style and homey comfort. Nothing embodies this
spirit more than its Tuscan-inspired clubhouse, a structure
that mirrors McKinley Hill Village's standards for quality
living.
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story
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Can
you market real
estate like toothpaste?
QUESTION: We're a fairly successful real property developer
nearing our 10th anniversary. Over the past years, we've launched
and sold condominium projects and subdivision development
projects mostly in Metro Manila. Outside of Metro Manila,
our inventory of land titles is in the provinces of Laguna,
Batangas, Pampanga, Bataan and Zambales.
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story
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New urbanism
seen
taking root in Laguna
A NEW community being developed in the province of Laguna
may be the country's first to join a US trend toward developing
pedestrian-friendly, human-scale neighborhood reminiscent
of pre-World War II communities.
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story
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Designing
and planning
your commercial space
"A FAST-FOOD chain opens a store in a high traffic area.
After one year, the management decides to close the store
after losing money and sinking a large amount in initial setup
costs. Similarly, various competitors now surround a large
gasoline station that has been operating profitably for the
last five years. Revenues suddenly drop and after another
year of operation, the owners finally give up the dealership.
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story
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Landscaped
roof reduces heat,
air pollution, absorbs water
THE ROOF-DECK has traditionally been the unnoticed, unglamorous
part of a building. It seemed that only maintenance workers
took any notice of the roof. And for those unfortunate enough
not to have a backyard, the roof-deck also becomes the drying
area for the laundry.
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story
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Real
Estate
Investment 101
REAL estate has become an investment tool for profit. Instead
of putting money in the bank or maybe even starting a business,
many individuals and families invest in real estate. Many
have made their fortune in real estate. There are families
who bought real estate many years ago at a few hundred pesos
per square meter and the value has skyrocketed a thousand
fold.
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story
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Upscale
property developer
eyes yuppies for QC project
SEEING signs of the high-end sector's steady recovery from
the doldrums of the late '90s (i.e. the height of the financial
crisis), One Asia Development Corp. is now looking at a particular
group belonging to this sector as core market for its one-billion-peso
townhouse and walk-up condominium project in Diliman, Quezon
City.
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story
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Space
for plants
even in small condos
SPACE is no problem. As long as you have sunlight -- direct
or ambient -- you can take care of plants.
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story
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Building
materials firm
targets high-end market
ALTHOUGH the construction industry generally remains soft,
the high demand for residential projects has resulted in a
growing market for building materials.
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story
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Winning
the war on termites
BIG companies set aside funds for miscellaneous expenses
that include structural repairs and maintenance. But a middle-class
homeowner who spends practically his life savings building
a dream home will surely feel the pain of paying a significant
amount for termite control alone.
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story
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With
greenery, property
becomes 15% more valuable
PLANTS and trees not only have something to do with the air
you breathe, they also have a say over the value of your property.
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story
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Sustainable
housing for everyone
SUSTAINABLE development means that the present needs of the
current generation is responsibly being met without sacrificing
the ability of future generations to meet their needs. In
housing development, it is the environment-friendly home that
has become the symbol of responsible building.
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story
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Landco's
Ponderosa
slowly taking shape
PONDEROSA Leisure Farms recently celebrated the unveiling
of its El Refugio themed garden, the first of three meditation
gardens to be set up in this 53-hectare development located
in Silang, Cavite.
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story
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Embracing
'faster, better, cheaper'
approach to building structures
WHEN the United States National Aeronautics and Space Administration
(NASA) began its New Millennium program in the early '90s,
it trumpeted a new slogan: "Faster, Better, Cheaper,"
an approach that simply means decreasing the time of designing,
building and launching new spacecraft while holding down the
typically staggering costs.
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story
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Deceptive
tactics
of dishonest brokers
THE RESPONSE to last week's article was great, as I have
received a lot of e-mail from our readers recounting their
experiences with their real estate broker. Most of them were
treated properly but some of them were treated badly and felt
cheated during the home buying stage. Even home sellers felt
that they could have sold their home faster and at a higher
price if only they had a competent broker.
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story
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'Green'
architects
appeal to developers
SOME Filipino architects have minds that have turned really
green. They may voice out radical ideas, but there is an entirely
"earthly" reason for it.
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story
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Banking
on structural composites
to transform construction industry
THE MATERIAL looks like an ordinary cylindrical marble rod
wrapped with sand-like skin. Yet, it may reveal something
else upon closer inspection.
read
story
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P240-M
bridge to link
Makati, Mandaluyong
METRO Manila's first modular steel bridge in almost 60 years
will soon rise on the boundary of Mandaluyong and Makati cities.
read
story
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How
a bad broker
can wipe you out
MOST real estate transactions involve the services of a real
estate broker. Try calling the real estate classified ads
in your daily newspaper and magazines and more than half of
the time, you will be talking to a real estate broker.
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story
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Providing
high-class
living in Tagaytay
FOR DECADES, Tagaytay City has been successfully attracting
mass tourism because of its year-round cool climate, laid
back atmosphere and proximity to Metro Manila.
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story
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Laeuna
de Taal:
A living legend
BEAUTIFUL at any time of the day. Serene and mysterious like
a lady who captivates her beholder with a quiet dignity. From
a 17th century map of Murillo Velarde, prominently etched
is Laeuna de Taal, the ancient name of Taal Lake. Its mystique
and allure has been the inspiration of visitors who have been
spellbound by its magnificence.
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Why
heavy rain can be
a buyer's best friend
"A NEWLY married couple had just moved in to their new
home. They started house hunting from January of this year
and had spent almost every weekend searching for the perfect
home. They finally found their dream home in April and have
moved in early May to settle the family before the start of
classes this June."
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story
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Built
to be close to nature
A DEVELOPER has a choice to either completely transform the
land to conform with the master plan (like a golf course over
a former desert land) or work around the land's topography
and make the most of it to enhance the project's character.
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story
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Developer's
road
investment paying off
MAMPLASAN is one of the 24 barangays of Biñan, Laguna.
Its proximity to the Laguna's industrial hubs -- the Laguna
Technopark, Laguna International Industrial Park and Mamplasan
development zone -- makes the area very attractive to various
property planners who consider Mamplasan the next urban growth
destination.
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story
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Buying
real estate
for your company
REAL estate is vital for any business. Companies need office
space, warehouses, manufacturing plants and the like. Some
companies, which are not real estate developers, continuously
buy or lease real estate property in order for their businesses
to operate. A few examples are gas companies that would need
prime locations to build their stations, warehousing companies
that would need large land areas to warehouse the goods that
they handle, bus companies for their terminals and even churches
that continually look for areas to expand their congregation.
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story
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More
residential projects eyed
for BGC piped gas installations
PIPED-IN gas is a common feature in housing projects in the
industrialized world, particularly the United States and Japan.
read
story
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New
project connects
Imus and Bacoor
BIG opportunities to tap the growing market of the immediate
south are now being made available to businessmen, homeowners,
entrepreneurs and various professionals by Bellazona, an 11-hectare
residential subdivision being developed by Masaito Development
Corp. in Bacoor, Cavite.
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story
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The
condo investment game
according to Lance Gokongwei
SHOPPING for a condo unit in the country these days has never
been more exciting. With all the great options being developed,
selecting the best condo to fit your needs and your budget
may seem like a daunting task. You could easily get lost in
the hype and the labyrinth of details. So, how can one proceed
with caution in the condo investment game?
read story
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Serendra:
A fusion of Asian
cultures and world-class design
FOCUSING on one region rather than a country in terms of
interior design and style proves to be more attractive and
flexible.
read story
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Rockwell
woos
overseas Filipinos
THE "SUBDUED" Rockwell Center never feels crowded.
Despite being in the country's business capital, Rockwell
has managed to limit itself to a self-contained community
with "manageable" human traffic.
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The
hidden costs
of owning a home
"A YOUNG couple, prior to their house hunting, had a
specific budget at hand. When they finally found a home that
matched their requirements and their budget, they signed a
reservation agreement with the seller in order to purchase
the home. When the time came for them to fully pay the property,
they were surprised to find out that they still needed a lot
of money to be able to complete the transaction. The additional
amount that they needed was about 15 percent of the total
amount of their home. Obviously, they were not prepared for
the additional expenses."
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Top
designers lend ideas
to Ayala's latest project
THEIR task may sound rather simple: create a home interior
that would best cater to couples belonging to the upper-middle
class (probably in their late 40s to early 50s), having three
children -- one enrolled in college while the other two, in
high school.
read story
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Time
element
in construction
MANY thanks to our readers! Your questions and inquiries
have been a learning experience for all of us. Looking at
the e-mail I have received from many of our readers, it seems
to me that the time it takes for a construction-related activity
is one of the major concerns of many homebuyers. These include
buying a lot, designing a house to actual construction.
read story
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Nonexistent
subdivision
sold to low-income families
CALLED "Hiyas ng Bulacan," the village supposedly
intended for low-income families offers would-be homeowners
the chance to live right next to Bulacan's premier tourist
attraction -- the historic Biak-na-Bato national park.
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Flexible
home
options launched
IN ITS desire to provide affordable homes to more families,
Las Villas de Manila announces a number of flexible options
to buyers. CBS Designer Homes Inc., the marketing arm of Las
Villas de Manila, announced that its 300 square-meter lot-only
package is now available at 1.8 million pesos while its house-and-lot
package starts at four million pesos.
read story
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Looking
deeper
into property inspections
THINK of this situation: If it would cost you 20,000 pesos
to hire a professional or a team of professionals to thoroughly
inspect a house that is worth five million pesos, would it
be worth the money? Take note that this amount is even less
that 1 percent of the total value of the house.
read story
|
| Property
inspections
IT is quite obvious that before buying anything of high value,
one should have a thorough inspection of the product. Remember
when you bought your car? You made sure that everything was
well made and that there were no leaks in the engine. Perhaps,
you may have even slammed the door to the ire of the car salesman
at the showroom. So when you buy your home that is many times
the cost of your car, it is then more important that you inspect
it thoroughly.
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Building
a community
for start-up families
CREATING a community that will cater to start-up families
is no easy task for upstart developer Community Innovations
Inc.
"It's their hard-earned money or their life's savings
so they really scrutinize: Is the location convenient enough?
Are the amenities sufficient to satisfy each of their family
member? Is the price affordable? We must deal with these things
if we are to attract them," explained Jonathan Umali,
project development head of Community Innovations Inc.
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Asia
home to energy-efficient,
cost-effective structures
EYES of the giant flies, huge rib cages, kinetic forms of
a human eye, vertebrae forms, twisting human torsos, spiraling
spider webs, and replica of a durian fruit. These forms are
seemingly unrelated, but in the world of construction and
architecture, they have the ability to harness energy to the
human advantage.
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A beautiful
discovery meant
to be shared with others
FOR A FAMILY who spent eight years living amid the bustling
metropolis, moving to Ayala Westgrove Heights proved to be
more than just a change of environment. It also meant embracing
a new lifestyle.
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Overbuying:
Deadly
real estate trap
EXCESS in anything can lead to difficulties. And we all know
that the greater the excess, the more problems ensue. In real
estate investing, overbuying is one of the major causes of
financial disaster. When a real estate investor overbuys,
things can become difficult in the future since the financial
demands of the property can easily overtake the financial
capacity of the investor.
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6750
Ayala Avenue places
2nd in ASEAN Energy Awards
THE PRESTIGIOUS office address that is 6750 Ayala Avenue
bagged runner-up honors at the recent Association of Southeast
Asian Nations (ASEAN) Energy Awards, second only to Royal
Plaza in Singapore in the Retrofitted Building Category.
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Greenery
as antidote
to urban stress
BECAUSE of the soothing effect of greenery, gardens have
long been focal points of the most celebrated homes. At Tamarind
Cove, the last phase of the successful Ayala Alabang development,
a lush strip of green has been designed to be an integral
part of the lot owner's lifestyle.
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Developers
request DENR
to clarify sewage memo
THE COUNTRY'S largest organization of real estate developers
has asked the Department of Environment and Natural Resources
to clarify an earlier memorandum that requires, among others,
residential buildings and subdivisions to set up sewage treatment
facilities as a condition to the granting of an environmental
compliance certificate (ECC).
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CREBA
joins real estate
congress in Houston
FLORENTINO S. Dulalia Jr., immediate past national president
of the Chamber of Real Estate and Builders Associations (CREBA),
leads a CREBA delegation of industry leaders and professionals
to the 2004 World Congress of the International Real Estate
Federation (Fiabci) slated in Houston, Texas from May 24 to
29.
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| Free
advice can be dangerous
IT is natural that we would want to have free things in life.
In our real estate transactions, we sometimes associate free
advice with good advice. While this may be true if we are
talking to an expert, most of the time we get advice from
the wrong persons.
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Memorial
estate industry
taking off, says exec
WITH the elections over, the memorial estate industry is
poised for growth, a real estate executive said.
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Aboitiz
Land investing in Cebu's
first integrated community
CEBU CITY--Better days are here again for real estate developers
that suffered from low prices and oversupply for years since
the 1997 Asian currency crisis. And Aboitiz Land Inc. is taking
advantage of the market turnaround.
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SM
Group tries hand
at residential housing
AFTER PROFITABLY building a chain of shopping malls around
the country, Henry Sy's SM Group is now trying to replicate
its success this time in developing residential housing projects.
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Getting
the best deal
at a real estate auction
FOLLOWING the upsurge in the public auction of used cars,
acquired assets by financial institutions are now being sold
off at auction venues. Many of our readers have asked for
advice on how to go about buying real estate at these auctions.
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Dev't
of La Finca
resort goes full blast
WOULD-BE owners of La Finca Country and Resort are getting
closer to finally enjoying their dream vacation homes as developments
in this 18-hectare property recently shifted to full blast.
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Buhai
right-of-way
claims still unpaid
SOME Bulacan folk, particularly those in the sleepy barangay
of Bangkal in Norzagaray town, however, have other things
in mind aside from the outcome of the May 10 polls.
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A compact
oasis
rises in Carmona
A FEW minutes away from the South Luzon Expressway's Carmona
exit in Cavite lies an oasis of affordable home units and
a well-thought-out and functional clubhouse, promising its
future owners a refreshing respite from busy life of the metropolis.
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Real
estate career
options for new graduates
AS far as I know, there is no specific college level course
that gives one a college degree in real estate. Most schools
offer a real estate course mainly as an elective or at the
most, as a short course. So it is but natural that new graduates
do not directly seek a career in real estate. The real estate
field varies and one just has to look at the unlimited career
possibilities.
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Letting
others worry
about property management
OWNERS and developers nowadays find it more convenient to
have their property handled by another property management
company rather than their own in-house team.
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Why
homeowners
associations are vital
AFTER A SUBDIVISION is fully developed and the developer
turns over the management of the subdivision, the homeowners
association has the big responsibility of making sure that
the area is properly maintained. If the homeowners association
is weak and mismanaged, this can become the start of problems
for the entire subdivision.
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EMB
lifts suspension
on Buhai housing project
MALOLOS CITY--The development and construction of the controversial
Bulacan Housing and Agro-Industrial Inc. (Buhai) project can
now resume after the regional Environmental Management Bureau
(EMB) conditionally lifted on April 19 the suspension order
imposed on the project.
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Reaping
fruits of your
labor at Leisure Farms
LEISURE Farms has officially welcomed complementing infrastructure
to the already existing Demo Farms within this 123.5-hectare
development of Landco Pacific Corp. in Lemery, Batangas. The
Village Store is the latest addition to this ongoing development
touted as "the country's first and leading agro-tourism
village."
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| Investing
in a new development
LAND that is available for housing inside Metro Manila is
getting scarce. Houses are continuously being constructed
and the remaining land available for housing gets less and
less. Large tracts of land that can be developed for housing
are now usually found in Laguna, Cavite, Antipolo and the
farther areas.
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4% growth
will continue
to benefit property sector
DESPITE the uncertainties of the political exercise come
May and the absence of statistics to support last year's growth
of 4 percent, property developer One Asia Development Corp.
is optimistic that this growth rate will be maintained this
year and will continue to benefit the property sector.
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DENR
stops full-scale
dev't of Buhai housing project
THE BUHAI mass housing project of the Bulacan provincial
government and the real estate firm Alto Projekt Asia is in
one big fix.
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Nature
retreat rises
near Star Tollway
IT'S not your plain subdivision with a clubhouse. Rising
from a 55-hectare property on the Batangas towns of Sto. Tomas,
Tanauan and Malvar is a subdivision that features a river
spa to complement the clubhouse. The clubhouse -- situated
beside the San Juan River -- will even have a meditation area
amid lush gardens for that complete "nature retreat"
atmosphere.
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What
to bring in your
next 'tripping'
MY previous columns detailed a 10-step process in finding
the right home for you. The most time-consuming part of the
process is visiting the pieces of property and assessing whether
they would fit your needs and budget. Having an efficient
and effective property assessment system would save you a
lot of time and energy.
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Ayala
subsidiary takes
middle market by storm
IT'S been a little over two years since Ayala Land Inc. (ALI),
the largest property developer in the country, launched a
wholly owned subsidiary to focus on the affordable, mid-market
segment.
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Pinoy
engineers replicate
RP bridge program abroad
BRIDGES are said to transform the local economies of the
areas where they are located (from subsistence to having thriving
market economies), improve farm-to-market access and provide
more services and opportunities to local communities.
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10
steps to finding
the right home for you
Let the weekend house-hunting trips begin. Once you have
decided on the home that you need and can afford, you may
now start to look at the locations that you may want to live
in. Do not reject a location outright just because you have
heard of bad publicity about it. Go there and confirm the
facts for yourself. Many people prioritize a location based
on its proximity to schools, malls, offices and public infrastructure.
Others want to be far from urban centers to be free of noise
and air pollution. It is only you who can decide based on
the order of your priorities. If you want your children to
be near their schools, then you may have to travel more to
go to your place of work.
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Task
force identifies 'potential
risks' in mass housing project
BAD news for the thousands of would-be homeowners at the
Buhai mass housing project of the Bulacan provincial government
and the real estate firm Alto Projekt Asia. Buhai is indeed
sitting on "unstable ground," making its site not
safe, and not ideal, for a project of such magnitude.
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Finding
the right
home for you
CAN I really afford a home?" "What is the right
home for me?" "How will I look for one?" "Will
I buy through a broker?" These are just the few questions
that a jittery homebuyer would ask prior to searching and
eventually buying a home. Most of these questions came from
friends and readers who would want to start searching for
their dream home. To make home buying process easier, I have
written a 10-step process to aid the homebuyer in searching
for that "perfect" home.
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2-tower
condo rises
in Bonifacio Global City
BONIFACIO Global City is envisioned as the modern and fully
master-planned business district in the country.
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Investment
value
of a new home
THE MOST important marketing word is "free." Many
manufacturers of consumable items give away free samples easily.
Second to the word "free" is the word "new."
Since a house cannot be given away free in order for a user
to try it, a "new" home can have a very strong appeal
to the homebuyer. Similar to buying a car, there are two routes
toward owning a home -- either you buy a new one or a used
one.
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Contractors
to survey
laborers' choice of president
THE BIG bosses at the Philippine Constructors Association
Inc. (PCA) will do their own survey on their own construction
workers.
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DENR
probes controversial
Buhai mass housing project
THE DEPARTMENT of Environment and Natural Resources (DENR)
is looking into reports that the controversial Buhai mass
housing project in the Bulacan hinterlands is "sitting
on loose, watery ground" and "could be a potential
Cherry Hills."
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Ayala
'transplants'
suburb to The Fort
WITH hectares upon hectares of open spaces, themed gardens
with fruit orchards, herb and flower patches, courtyards,
lush landscaping, canopy trees and wide garden areas surrounding
your home, and an underground parking for cars, what do you
get?
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| Choosing
the right window
THE WINDOW makes the home. This is what most people say.
With the abundant choices of construction materials, owners
and designers are sometimes confused on the choices that are
available. Product manufacturers are sometimes short on detailing
the advantages as well as the disadvantages of a certain type
of window over another. During the past year, many of our
readers have asked about the various options when it comes
to choosing windows. I hope that it will guide our homeowners
on the type of window to use.
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Developers
reveal
10-point agenda
COME June 30, the country will either be ushering in a new
administration or have allowed the incumbent to get another
mandate.
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Calamba's
historic
lineage as come-on
VIGAN-STYLE cobblestones, calesas, wood houses with anahaw
and old wooden capiz windows they are not. Nor are there guardia
civil in period costumes. Well, at least, the town plaza will
look like one. A Filinvest Land Inc. property in Calamba-hometown
of national hero Jose Rizal-has been transformed into a "period"
satellite city of sorts with Ciudad de Calamba.
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Real
estate industry
expected to recover
THE REAL estate industry is expected to recover after the
so-called "seven-year cycle", but a leading real
estate developer thinks that the sector's future greatly depends
on the country's situation.
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When
you like the
land but not the house
IN SEARCHING for the perfect home, remember that two critical
elements should be present-the right location and the right
house. It can be really difficult to search for one and it
requires many weekends of searching, a lot of time and most
importantly, a lot of patience. One has to physically visit
a place to be able to experience the feeling of living in
a specific area.
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60-hectare
property being
developed in Batangas
BATANGAS is a hotbed of real estate development, but most
of the projects have been concentrated on the western side
of province that covers Nasugbu and Taal, leaving the other
towns behind in the race for economic development.
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Build
your own
condo for 45% less
THE SHORTEST and cheapest way of owning a condominium is
still a straight line between two points: you and the architect.
Owning a condo at direct cost -- wherein you or your group
hire an architect and build a condominium at its actual direct
price in a build-to-own (BTO) scheme -- is becoming a more
financially viable alternative.
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Why
it's good to renovate
your home during summer
IT is summertime again and the home building industry is
again very busy. I have received a lot of e-mail inquiring
about renovating their house during summer. It is generally
advantageous to renovate during summer so you may now extend
the garage, add a room, redo the landscaping or construct
the gazebo that you have always wanted.
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DTI
assures developers to check
rising cost of cement, steel
WITH CONSTRUCTION activities expected to peak up this summer,
developers are wondering how to go about it amid increasing
prices of cement and other building materials.
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These
Ls are reminders
for undecided buyers
I HAVE received a lot of e-mail and inquiries from friends
and readers saying that when it is time for them to part with
their money and invest in real estate, they tend to retract
and not proceed since they feel that they can still get a
better deal in the future. Some of them have been looking
for pieces of property for years and up to now, they still
have not bought the home of their dreams.
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Relocation
to push
through despite 'basic' woes
NO electricity. No water system. No transport network. No
schools, hospitals, public markets and other mass housing-related
facilities. No job opportunities.
Add to that the thought of starting a new life, literally
in the middle of nowhere.
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Selecting
a designer
for your project
WHETHER you would want your house designed or you are the
procurement officer of a large corporation needing design
consultancy services, you have to look for a qualified and
able designer for your project. Finding one that is knowledgeable
about the design work required is already half the battle.
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Verdana
Homes Mamplasan
holds preview in Alabang
YOUNG urban professionals, budding executives, entrepreneurs
and their families were treated on Sunday to a preview of
a new residential development rising in Laguna province.
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Local
gov't did not
spend for Buhai project
NOT a single centavo was spent by the Bulacan provincial
government on the ambitious Bulacan Housing and Agro-Industrial
project, Governor Josefina de la Cruz has pointed out.
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Alternative
makeover
of ugly steel windows
THE WINDOW of the human soul is the eye, while the face of
the home is its window. Looking at the regular steel casement
windows of many Filipino houses -- with their unsightly clay
putties cracking and dropping all around the glass -- is like
looking at a person who just woke up, the "morning glories"
still stuck at the corners of their eyes. Conventional steel
casement windows use grilles with the "I", "T"
or "Z" bar, and the glass plates are applied with
putty -- a clay-like material that cracks and peels off after
a few months. Though the materials and the process are cheap,
at 150 pesos per square foot, the overall look is not unlike
that of your regular municipal prison cells.
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Spotting
danger signs
of inefficient builders
BEING in the construction business is difficult. More so
these days when consumer spending on construction projects
is slow and builders compete fiercely for clients. Contractors
should also do everything that they can to reduce costs and
increase profits. For some organizations, simply surviving
and staying in business is their only goal for the year. We
have seen many contractors that suddenly close shop. Many
have lost money and have been deserted by their clients. If
you are a contractor and are struggling to make it in the
difficult and risky world of contracting, recognizing the
danger signs early can greatly improve your company's performance
and hence enhance your profitability.
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Developers
worry
over cement price hike
A GROUP representing the country's real estate developers
is appealing to President Gloria Macapagal-Arroyo to resolve
the spiraling cost of cement that has already affected not
just the housing industry but also other sectors attached
to it.
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Buhai
project another
Tagaytay Highlands
"THE TIME has come" for Buhai, proclaimed the Bulacan
provincial government and Alto Projekt Asia, a Pasig City-based
real estate firm.
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Price
of owning condos
now comparable to rent
A FEW years ago, owning a home near the office in the metropolis
was as unimaginable as winning the lotto jackpot. So, you
bow to the pressures of your landlord's rental terms of 10,000
pesos and above for years on end. After so many years of backbreaking
work, you find yourself making your landlord rich, but you're
still a homeless yuppie. Soon you would only just be a "homeless
urban professional," since you would be too old to qualify
as a "young" urban professional.
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| The
many faces of value
WE hear of value all the time. Marketing slogans talk about
value for money. Commodities are labeled as the best value
and, in a similar way, real estate is commonly marketed and
sold as a valuable investment.
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Asia's
largest trade
fair opens March 16
HUNDREDS of building and construction exhibitors from different
countries will gather at the World Trade Center in Pasay City
next month to participate in the World Building and Construction
Exposition (Worldbex) 2004.
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Firm
prepares industry
for steel bar price hike
THE ONSET of the new year has given impetus to most enterprises
to examine the prospects and hurdles which are likely to affect
business performance in the coming months.
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Strategies
for real
estate investments
IF you have a few investments but have never tried real estate,
it is best that you know the benefits as well as the possible
headaches of this type of investment. Real estate can be a
very good investment but depending on your goals and priorities,
it may not be as easy as you expect it. It is not as simple
as buying low and selling high and there are many factors
that may affect its value.
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| City
living at its best
LIVING stylishly in the city would sometimes mean staying
either in posh villages or medium- and high-rise condominiums.
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Private
sector builds huge
infra projects, says UP study
MOST developing and even industrialized countries enlist
the participation of the private sector-including customers
-- to build and profitably operate huge infrastructure projects
through the "user's pay" principle.
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Developers
bullish
on Year of Monkey
AS the country prepares to usher in another year -- the Chinese
New Year that is --z real estate developers are hopeful that
the coming Year of the Monkey will bring stability and growth
to their sector. After all, fortunetellers promise a boom
in this sector, which according to them favors well with wood
and metal -- the two elements that symbolize the coming Chinese
year on Thursday.
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Various
specialties
of a real estate career
A READER says: "I have always been fascinated by professionals
in the real estate profession and would want to know further
the other options that I can pursue in a real estate career."
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UK kitchen
maker
feels 'at home' in RP
ADMIT it: you croon ooh and ahh every time you come across
kitchen showrooms featuring German, French or Italian versions.
The European kitchen oozes with that culinary appeal, and
you gravitate toward it and dream one day to have your own
European-looking kitchen for friends and family. As we would
say, the best way to a happy home is through the kitchen.
And among the best-looking kitchens have that European touch.
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Common
rental
property problems
WE have heard of many stories from our friends about difficult
landlords as well as difficult tenants. Perhaps, you may have
experienced the same problems. Problems concerning rental
property are mainly caused by inadequate knowledge of the
process of transaction itself and could have been avoided
if only all things were very clear prior to the usage of the
property.
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P200-M
waste facility
to solve garbage woes
THE 85-HECTARE waste facility is supposed to look and smell
like the old Smokey Mountain in Tondo, the Payatas dump in
Quezon City or the Montalban, Rizal dumpsite.
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Being
a responsible
homeowner in 2004
ANOTHER year has passed and we in the real estate industry
are looking forward to a project-filled and prosperous New
Year. Real estate buyers will again purchase vacant lots for
investment and many are expected to move into their new homes.
Some will likewise remodel their homes and will consider upgrading
into a larger and more expensive one.
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Buying
a condo
unit a good move
IN TODAY'S fast-paced society marked by increasing costs
and aspirational goals, one will find many individuals switching
from their comfortable homes to condominium units that offer
a totally different lifestyle.
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