Rants and Raves of a Bum: December 2015

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MANILA, November 27, 2015: The year 2015 was an eventful one for Philippine real estate. It was a roller-coaster ride that coursed through both news of optimistic growth, and the not-so-positive issues that affected everyone involved in the real estate business. Either way, these happenings helped shape the local real estate scene to what it is now, and could give us an indication of what’s in store for 2016. To refresh your memory, MyProperty.ph offers a look back at 10 of the biggest real estate-related news of the year.

A way to monitor real estate prices. The Bangko Sentral ng Pilipinas (BSP) is preparing to launch a residential real estate price index (RRPI) that aims to track property prices in Metro Manila, as well as nearby provinces. According to the BSP, the RRPI, which will include information on costs of construction materials and types of houses being built, will help determine the formation of a housing bubble so that preventive actions can be taken.
Rise of the townships. The year 2015 saw the rise of townships all over the country by different property giants. Megaworld Corp. alone launched five townships this year: Sta. Barbara Heights (Sta. Barbara, Iloilo), The Upper East and Northill Gateway (both in Bacolod, Negros Occidental), Westside City (Bay City, Parañaque), and a still-unnamed township in San Fernando, Pampanga. Ayala Land added two townships to their growing portfolio: Cloverleaf in Balintawak, Quezon City; and Capitol Central in Bacolod. Meanwhile, Vista Land and Lifescapes, Inc. is ramping up the development of Vista City, a 1,500-hectare “communicity” located at the boundaries of Cavite, Laguna, Las Piñas and Muntinlupa; and SM Prime is continuing to expand the Mall of Asia Complex in Pasay.
Pampanga’s continuous boom as a real estate destination. Pampanga is experiencing a gradual rise in real estate activity with the launch of several big-ticket developments this year. One is the aforementioned San Fernando township project by Megaworld, who plans to incorporate a cyberpark into the development to accommodate the city’s growing BPO sector. Also located in San Fernando, Century Properties’ Azure North is the brand’s addition to their line of resort-inspired developments. Filinvest Land will be working alongside Bases Conversion and Development Authority to develop the 288-hectare Clark Green City, which is designed to be the country’s first-ever smart, green, and disaster-resilient metropolis.
SM Group dominates Philippines Property Awards 2015. This year’s Philippines Property Award saw the domination of the SM Group as it took home several recognitions, including the most-coveted “Best Developer” for SM Prime Holdings. SM Prime was also awarded “Best Retail Development” and “Best Retal Architecture” for SM Megamall’s Mega Fashion Hall. SM Development Corporation (SMDC) bagged the “Best Landscape Architectural Design” for Shell Residences, “Best Affordable Condo Development (Metro Manila) award for Mezza II Residences, and several “Highly Commended” certificates for various categories.
The opening of the Muntinlupa–Cavite Expressway (MCX). Presenting an opportunity to further boost the viability of the south as an investment destination was the launch of the Muntinlupa–Cavite Expressway (MCX), a 4-kilometer, 4-lane toll road that connects Bacoor, Cavite, to the South Luzon Expressway (SLEX). According to the Department of Public Works and Highways, the MCX will cut travel time between southern Metro Manila and Cavite by an average of 45 minutes, providing quick and easy access to the major real estate developments in the Cavite, Las Piñas, and Muntinlupa area. This development will definitely attract a lot of future homeowners. In fact, there is a couple of house and lot for sale in Cavite that they could check out.
Lower Pag-IBIG housing loan interest rates. Aspiring homeowners received good news when the Pag-IBIG Fund announced that they will be charging lower interest rates for housing loans. On June 1, 2015, Pag-IBIG began implementing a 6.5% interest for loans with a 3-year fixed period. Additionally, the following rates were implemented alongside their corresponding fixed-term periods: 7.270% for 5 years, 8.035% for 10 years, 8.585% for 15 years, 8.8% for 20 years, 9.05% for 25 years, and 10% for 30 years.
Tighter standards in bank loans for commercial real estate. In the second quarter of 2015, banks continued to implement stricter lending standards in terms of loans granted to property developers. According to the results of the second quarter 2015 Senior Bank Loan Officers’ Survey, there was a net tightening of overall credit standards for commercial real estate loans that, according to Bangko Sentral ng Pilipinas, was attributed to the said “perceived stricter oversight of banks’ real estate exposure along with banks’ reduced tolerance for risk.”
A second chance for broker exam non-passers. For aspiring real estate brokers, the May 24, 2015, licensure exam would have been their last chance to earn their license even without earning a real estate management degree, which meant bad news for non-passers. However, the Professional Regulation Commission – Board of Real Estate Service (PRBRES) announced that it will give non-passers a second chance by offering another brokers’ exam on February 28, 2016. According to PRBRES Chairman Eduardo G. Ong, this move was done “to show that our industry and the real estate service profession is a very robust profession, that we want everybody to be on board.”
Disasters that call for change. As news of the devastating earthquake in Nepal back in April resonated across the world, the Philippine Institute of Volcanology and Seismology (PHIVOLCS) revealed that a greatly damaging 7.2-magnitude earthquake caused by the West Valley Fault can potentially occur in Metro Manila in our lifetime. PHIVOLCS warned homeowners of the importance of choosing a home built away from fault lines, and one that’s disaster-resilient at that. Meanwhile, worsening traffic conditions in Metro Manila seem to have hit an all-time high this year, leading netizens to choose the area as the city with the worst traffic conditions in a survey conducted by navigation app Waze. As the Metro Manila Development Authority asks the public to brace itself for another 15 years of road gridlock, several possible solutions are raised, such as moving to homes closer to work to eliminate the need for commuting or driving and better project planning to avoid adding to traffic in highly congested areas.
The Torre de Manila case. No condominium made more headlines this year (albeit for adverse reasons) than DMCI Homes’ Torre de Manila, a residential condo rising 49 stories along Taft Avenue. In 2014, a petition was filed by the Order of the Knights of Rizal asking the Supreme Court to halt the construction of Torre de Manila as it is said to taint the iconic sightline of Luneta Park’s Rizal Monument. A temporary restraining order was issued by the Supreme Court in June 2015 to halt the project’s construction, although a final decision on whether to demolish the tower or allow DMCI Homes to complete it has yet to be reached.

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Did you know that, according to World Health Organization, half of the world’s population is at risk of developing dengue? In this case, which half do you think you belong? Those who are unknowledgeable about dengue or those who have prepared their undefeatable line of defense against Dengue baring mosquitoes? Did you know that just by reading this alone from being clueless possible victim you can be one of those who’ll be more than prepared against dengue? How you ask? That’s because of Strike Multi-Insect Killer.

Strike Multi-Insect Killer, is a new line of defense against dengue offered by ATC Healthcare, your trusted life ally. ATC Healthcare created Strike Multi-Insect killer an environment-friendly, CFC Free, water based line of insecticide that aims to protect your home against dengue.

It comes in different variants which all have unique benefits fit for their uses:

Strike Multi-Multi Insect Killer Spray- Easy to use water-based insecticide with fast-killing action that’s safe for you, your kids, for house plants and even for pets. Marketed at SRP P136.75 for the 300 ml and SRP P258.75 for the 600ml.
Coil Mosquito Repellents – Easy to use, affordable and economical, and smells good and causes no irritation for an affordable price of SRP P15.00 per box.
Strike Mat .– Dengue mosquito killer and repellant, lasts up to 8 hours of continuous use, can cover an area of 12 ft x 12 ft, convenient to use, smells good and causes no irritation because of its mild scent, effective in eliminating mosquitoes in the corners of your home for only SRP P57.75 as starter kit.
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After the success of their first concept buffet-Guevarras, Gruppo Guevarras Inc. (GGI)

has opened its doors in Quezon City aptly named Quezon buffet.

Carrying GGI’s vision, Quezon Buffet undoubtedly exudes with high caliber dishes at very affordable rates. Quezon showcased variety of gastronomic fares that will surely suit everyone’s
palates. It merges the comforts of home and gourmet delicacies by catering our country’s cuisines.

Nestled in the heart of Quezon Avenue, Quezon buffet carries an ambiance of an old- world charm and rustic appeal. GGI upholds their commitment in reminding the general public especially the younger generations about our county’s greatest heroes; as well as preserving our culture through local cuisines.

Savour your appetite.

Quezon is being developed as haven for delectable cuisines that every Filipino would crave for.

Highlighting Filipino-Spanish heritage that embodies classic food that includes roasting stations, various meat dishes, seafood, grains and noodles, fresh salads, flavorful soups and dessert selections.

Much of the inspiration behind this effort came from their collective ideas to acknowledge the deep historical connection during President Quezon’s era, and this is through sustainable cooking of exquisite dishes.

Here is one of their specialty that will surely fill up your appetite, the Lechon Baka! :)

Celebrity Chef behind Quezon.

Corporate chef Kalel Chan is the chef behind various fine-dining and high-end restaurants.

Considered as one of the Top 10 good-looking chef, Kalel is surprisingly charming and down to earth. He goes for innovative fusion cooking that adds creativeness to his masterpieces.

Chef Kalel is always eager to discover new trends in culinary industry and adapts them in his food creations.

Quezon Buffet, a place like home.

Exuding with elegant ambiance, Quezon buffet incorporates classic lines and Art Deco pieces into its interior, creating a classic touch. The backdrops are great for photo-taking which is a known Filipino past –time in every family gatherings, an intimate date with your special someone or the perfect bonding tick with your friends.

Quezon exudes a classy vibe, from its spacious façade, soft lightings, to minimalist interiors of black and white tones. The woodworks and sparkling chandeliers – blends the antiquated with cosmopolitan and classic, as well as the convenience of modern life.

The walls are well-themed with photos of President Quezon through the years, giving customers a nostalgic ambiance.

Quezon gives a convenient and cozy vibe as the dishes are arranged per station and are neaty presented.

The whole place can accommodate close to 200 pax with spacious function rooms that can accommodate 30-35 persons, respectively.

Complementing the dishes, the place is satisfying as the service is generally noble. Their service staff are nice and friendly, accompanying customers from the front lobby up to their seats. They depict one of the good traits of every Filipino, which is being hospitable to guests.

Resembling President Manuel Quezon whose name will always be in the hearts of every Filipino, Quezon Buffet is the epitome of this man by serving finest and mouthwatering dishes and yet very affordable price across the board. The extraordinary experience of tasting distinct local flavors will surely worth a visit.

Just like in any traditional fiesta or festivity, Quezon truly offers a mixed dining experience for all ages! Check out their rates below and visit Quezon Filipino + Spanish Buffet soon!

BUFFET RATES:

Quezon

Filipino + Spanish Buffet

Second Floor, Fisher Mall, Quezon Avenue, West Triangle, Quezon City

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Nothing describes Gary Valenciano quite like his moniker “Mr. Pure Energy,” He

is the very image of youthful vibrance, whether onstage or not. That’s why it

shouldn’t come as a surprise that he values the way he looks the same way that

he values the core of who he is: a prayerful, faithful husband, dependable father,

and an outstanding entertainer.

Part of what makes Gary stay young looking is his head of hair. What many

people don’t know is that, like all other men his age, Gary once worried about

hair thinning and hair loss. That’s why, at the first signs of the problem, Gary

sought to find ways to prevent it from becoming worse.

“I first noticed the hair loss in the shower, after I toweled my hair dry. Then one

day, my team of hairstylists noticed that my hair was thinning, too. That’s when

they told me to look for the product that Fanny Serrano was using, a product

called NOVUHAIR,” remarked Gary on his journey to regaining control over his

hair loss.

NOVUHAIR is a topical scalp lotion that is a unique combination of 14 different

natural ingredients and essential oils for a healthier hair and scalp. One of

the factors of hair loss, according to studies, is stress, something that Gary

experiences on almost a daily basis. Other factors include hereditary disorders, a

persistent illness, major surgery, hormonal problems, childbirth & delivery,

medications, infections, pollutants, and even excessive exposure to sunlight. And

contrary to popular belief, hair loss is as much a problem for women as it is for

men. In many cases, hair loss may be prevented or alleviated through early

detection. In the case of Gary, his decision to try NOVUHAIR to prevent his

symptoms from worsening made a big difference, and within a few months, he

saw remarkable results.

Gary shares his experience with NOVUHAIR as he tells the story of their family

hair history: “Hair loss runs in our family, too, even if it sometimes skips a

generation. My brother and grandfather both lost their hair, but my dad still has a

full head of hair at 87. I just wanted to make sure I take control of my symptoms.

Now, I use NOVUHAIR everyday, and I’ve noticed that I don’t shed as much hair

as I did before, especially after toweling my hair dry. And my hairstylists noticed

it, too. I love using NOVUHAIR because it has this minty, cool effect that makes

me feel like my hair is always clean and fresh.”

“In less than a month and half, I already saw results even if I was told to wait

three to four months before I can see a difference. The effects on me were much

faster. There were fewer strands on my white towel, which basically was within

the normal boundaries of hair loss for an average person. Before using

NOVUHAIR, I used to shed more.” This is due to the fact that NOVUHAIR

penetrates deep to help rejuvenate, nourish, & maintain moisture in the scalp and

hair. By improving the blood circulation in the scalp, NOVUHAIR helps stimulate

hair growth and aid in preventing further, excessive hair fall, while also improving

the overall appearance of the hair.

“I never endorse a product that I did not experience first. I have to make sure it is

really effective. With Novuhair, I can say that it has really contributed to my

peace of mind and overall well-being. And, heads up, as Novuhair is now part of

my daily routine, which includes prayer, diet, and medication. God has truly lived

up to his promise in my life, and as he says in Psalm 92:14 ‘I will keep you fruitful

even in old age. Fresh and green.’ I am very happy now that Novuhair is a part of

that.”

NOVUHAIR, Nature’s Answer to Hair Loss is available in all Mercury Drug outlets,

Watsons, Rose Pharmacy, South Star Drug & Manson Drug, Metro Gaisano Pharmacy,

The Landmark (Makati & TriNoma), J Centre Mall (Cebu), KCC Malls (Gen. Santos City

& Koronadal City), NCCC Malls (Palawan & Davao), Gaisano Malls (Davao & Gen.

Santos City) and online at www.regaloservice.com and www.lazada.com.ph.
For inquiries, call 413-6570 or 0922-8830575.

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