Alvierra: The Next Nuvali is in Porac!

A week ago, Ayala Land Incorporated, the biggest property developer, has invited us on the official public presentation on the latest and upcoming project from Ayala Land Incorporated with its subsidiaries represented in the project are: Ayala Land Premiere, Alveo Land Corp, Amaia Land Corp and Bella Vista Land Corp. The name of the project is ALVIERRA.

"Where people, nature, and economy thrive"

An artist rendition of Alvierra, An Ayala Land Inc project in Porac, Pampanga.

The acquired property will be developed into a 1,000 hectares mixed used residential and commercial estate in this peaceful agricultural town of Porac. The concept of this master planned township type community is very similar to Nuvali, a development in the province of Laguna which is within the three suburban area and towns of Sta. Rosa, Calamba and Bińan. Alvierra is located within the environs and confines of Hacienda Dolores, a barrio in this side of town.

The town of Porac is a first class municipality in Pampanga in which the agriculture and sand quarrying are the main sources of revenue and income of the local government units and other businesses.

The location of the Hacienda Dolores is a mix of hills, valleys and plains relatively quiet with ambient view of the Zambales and Bataan's mountainous region in the west and Mt Arayat in the east. A majority of the land is still undeveloped with relatively rough terrain with natural pathways along the forested areas before. The area was once a hunting grounds of the indigineous or local Aeta tribe living in the hinterlands of the valleys and hills within the area.

Road Networks available

Alvierra  is along SCTex access road (not exactly along SCTex), the road that connects APFD Road to SCTEx Porac exit. With this location, it is strategically positioned for residents to have a choice of access either through using the SCTEx or Angeles Porac Floridablanca Dinalupihan (AFPD) road.

The ALI’s project is about 25 minutes from the Subic Bay Freeport (SBF) and 10 minutes from the Clark Freeport via the SCTEx.

Outdoor Sporting Activity Launched

Ayala Land Inc. recently held an activity called "EXPLORAC". It is a mix of trail running and biking adventure in the area. The biking route map revolves around the AyalaLand-Porac property and its environs. ALI is establishing first a unique outdoor activity that will strongly identify their big-ticket project here. They are also marketing an active lifestyle in communion with nature, and not just churning out one bland development after another.

AyalaLand set to float P 6 Billion bond for its projects

According to the news from Business Mirror, about P4 billion will be used to jumpstart several township projects such as Vertis North in Quezon City, Arca South or the former Food Terminal Inc. property in Taguig, Alvierra in Pampanga and Altaraza in Bulacan. This way it could infuse capital in carrying out the development of these project including Alvierra in Porac, Pampanga.

Conclusion

It seems progress and booming economy of this town will lead to prosperity among the local folks. Pampanga is in the sights of investors. It is in the "W" growth corridor as envisioned by our former President Gloria Macapagal-Arroyo. ALI will have a good mix of its residential product brands from ALP, Alveo, Avida, Amaia and even Bella Vista to reach out to different economic markets and further enhance the potential of Alvierra as yet another sustainable township

About the Writer

CRB Benedict Baluyut is an associate real estate professional of C. F. Baluyut Realty with PRC REB License No. 8358. He is the current Vice President for External Affairs with Real Estate Brokers Association of the Philippines, Inc (REBAP) - Pampanga Chapter.

Related posts:

MarQuee Residences offers latest terms

Marquee-ology 101: Updates on Marquee Residences in Angeles City

Alveo Land Corp's MarQuee Residences - Angeles City unveils Showroom

AMAIA SCAPES Pampanga, an Ayala Land Inc development now available

Copyright 2010-2019. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

MarQuee Residences offers latests terms

We recently received a new offered terms for prospective client who wish to acquire a residences inside MarQuee Residences Angeles City.  MarQuee Residences is a two tower residential condominiums located beside the MarQuee Mall, An Ayala Mall. 

Currently the towers are still undergoing construction and progress report (as of August 2013) shows that they have recently reached above 40% of the construction phase and are now nearing completion on the properties. 

For this month of September, MarQuee Residences offers a "Promo for Deferred payments requiring 10% Down payment of PhP 10,000 for 18 months Balance" and "Deferred Payments of 10% Downpayment for 3 months with PhP 25,000 payments for the 24 months Balance".

PROMO DEFERRED 10% DP/ PHP 10,000 FOR 18 MOS/ BALANCE

 PROMO DEFERRED 10% FOR 3 MOS/ PHP 25,000 FOR 24 MOS/ BALANCE

OR avail the other standard payment terms:

*CASH in 30 DAYS with 10% DISCOUNT

**DEFERRED 20%/80% over 36 MOS

***DEFERRED 10%/ 10% over 15 MOS/ BALANCE

For more inquiries, please contact visit C.F. Baluyut Realty website at http://www.cfbaluyutrealty.com or contact us at 0928-504-6781.

Copyright 2010-2013. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Northside Homes - a newly built affordable residential community for sale

Northside Homes is a 2.9 hectare residential community located within the confines of Essel Park Subdivision. This soon be completed community is conceptualized for middle-income earning individuals and families. Location-wise, accessibility to McArthur Highway is just close proximity and in between the reach of City San Fernando and Angeles City in Pampanga.  

 ACTUAL PHOTOS OF THE RESIDENTIAL COMMUNITY:

Copyright 2010-2013. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

December 2011 updates on Amaia Scapes Pampanga

The following are photos taken from Amaia Scapes Pampanga - Mexico, Pampanga courtesy Amaia Land Corp last December 12, 2011.

Amaia Scapes Pampanga - December 12, 2011 Photos


Copyright 2010-2011. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Open House Tomorrow at Avida Residences San Fernando!

New promo awaits buyers and investors interested in acquiring real estate properties.

Defining Security the way you want it.

Enjoy a different kind of life in your American-inspired dream home as Avida takes the best of contemporary American architecture and brings it to your doorstep.

Avida Residences San Fernando echoes a time when life was more relaxed, informal, and leisurely-paced. Here, neighbors know each other by name. Kids run free. Families take long, leisurely walks. Life is a quiet day relaxing at the park right outside your doorstep. That’s because Avida gives you peace of mind and a sense of security, so you can let your guard down.

Call us today, for more information on Avida Land Corp projects in Central Luzon and other nearby locations at (+6345)961-5936 or visit our website at www.cfbaluyutrealty.com.

Copyright 2010-2019. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

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Hausland Development Corporation unveils three new project in Angeles City

Recently, HomExpericence, a subsidiary company of Hausland Development Corporation held a brokers' meeting last November 24, 2011 at Nouveau Residences in Pulung Cacutud, Angeles City. They presented their three (3) upcoming new projects this coming 2012 in an effort of promoting their products and services to the market by providing modest housing and building communities in and around this city.

WATCH OUT FOR THE COMING OF THESE NEW EXCITING DEVELOPMENT NEAR YOU!

Related posts:

Field Trip: Nouveau Residences...A new home experience in Pampanga

C. F. Baluyut Realty presents' Nouveau Residences in Angeles City

Copyright 2010-2011. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Project Updates at AMAIA SCAPES Pampanga

 Recently, the Amaia Land Corp. (an Ayala Land Company) has disseminated last October 26, 2011 the ongoing development of the project (see photos below) located in Mexico, Pampanga. The 19.6 hectare will have its grand launching on November 26, 2011 and the License to Sell (LTS) will soon be release by Housing and Land Use Regulatory Board (HLURB). For information on the whole project you can click this link - Amaia Scapes Pampanga.

Along Angeles-Magalang Road.

The Bungalow Model Home

On-going Earthmoving at Site

Perimeter Fence and Drainage undergoing developments.

Amaia Land Corp has already launched this promo available for would be buyers booked starting September 24, 2011 to December 31, 2011. For interested buyers you can reach us at our contact numbers below:

C. F. Baluyut Realty

REB PRC License No. 1684

Tel: (+6345) 961-5936

Mobile: (+63917) 510-0734

Website: www.cfbaluyutrealty.com

Related Post:

Amaia Scapes, An Avida Land Corp subsidiary (Ayala Land Co.) now in Pampanga

Copyright 2010-2011. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Real Estate Professionals: New Changes will be happening soon!

Well I am not hiring but I would to share some great news on recent email sent to us by our National Chairman Mr. Julius Topacio. There will be some changes happening within the ranks of real estate professional in the whole Philippines.

A New Curriculum for new Real Estate Program

In the anticipation of placing a curriculum in major colleges and universities on a program leading to a Bachelor 's degree in Real Estate Management Services in the coming years as Commission on Higher Education Technical Panel are crafting the said new curriculum available in the next few years. The development of the new program is in progress and no updates yet for the public.

Creation of PHILRES

So far there the passing of implementing rules and regulations of the RESA Law is still at work and the elected officers of the newly formed Philippine Institute of Real Estate Services is now open for membership in the coming months. Details of membership of real estate brokers, appraisers, consultants and government assessor and accredited salesperson are not yet available. The proposed code of ethics is still for approval by the PRC.

CRESRs and CPEs will still be given.

While the Implementing Rules and Regulations are still on draft, The Professional Regulations Commission will conduct Real Estate Broker Licensure Examination for 2010 which will be happening on December 4 and 5 of this year.

There will also be also Continuing Professional Education (CPE) for Real Estate Brokers who want to enhance their practice and for personal advancement in the coming months in which it will conducted by the Real Estate Brokers Association of the Philippines (REBAP) - National Chapter for the benefit of their members in Metro Manila. Same as with provincial chapters of this organization can organize and inform the national chapters on their plans of conducting seminars in the next few months for their members.

For interested people who want to real estate brokers and certified professionals with REBAP - Pampanga Chapter. Send me a message and will keep you updated if any new things happening in the next few months.

Related Posts:

The Passing of Republic Act 9646: Real Estate Service Act of the Philippines
PRC Appoints New Chairman and Board members for Professional Regulatory Board of Real Estate Services


Copyright 2009-2010. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

How to find the right financing for your Real Estate Property!

Making after making a wise decision in finding the right home for you and your family takes worthwhile of amount of time and effort. It require careful research on the key elements mentioned previously in this blog. One is LOCATION, Second is SECURITY and the lastly NEIGHBORHOOD.

However, before taking the next step, you should fund the three key elements. Now, you need to plan your finance on buying that wonderful dream home you have in mind. Leveraging is accepted in buying a property. It requires a down payment or equity of at least 10 to 20% before the you can moved in for Ready for Occupancy homes or 30% down payment before the construction of the home if it is not readily yet in which it takes about 5 to 6 months to build your new home. There are other schemes available like Rent to Own which is has become rampant on Class C to D segment market of property buyers.

These are five generally available financing schemes with most Philippine developers offer to end-buyers of properties:

1. CASH Payment - You buy a house outright with 0% interest. The good thing about this is that the developers can give you discounts and other promotions to satisfy you as a client. This one is recommended for buyers who have extra money to buy in order not to worry about monthly amortizations.

2. DEFERRED Payment - Same as Cash but with extended time frame of about 6 months, 12 months and sometimes up to 60 months depending on the developers promos. It is one of the best deals if you don't have enough cash to pay outright but on an extended payment at least with no interest to worry about. The downside is that sometimes builders or developers don't offer incentives or discounts on this scheme.

3. BANK FINANCING - Generally, the bank pays outright for the property to the developer and the buyer/lending party will be the paying the property through the lendee or banking institution where they loaned to. Philippine Banks can offer from 9% to 12% interest rate per annum. It can be a fixed rates from 5 to 25 years depending on the banks prevailing rates. The downside of lending through bank is that they will scrutinize your finances by their credit investigators if ever you are acquiring a loan from them. Just be ready with your needed official documents, documents of where your source income comes from and interviews wherein they will ask you alot on how you will finance your dream property other than the income from paycheck you received.

4. IN-HOUSE FINANCING - In this, the buyer will be lending and paying the monthly amortization directly through the developer or builder itself. The average prevailing rates maybe at 14% to 18% for about 5 to 10 years payments or more depending on the available financing scheme for buyers. This is advisable for people who don't want to scrutinized with credit investigation from banking institution. Less talk indeed.

5. PAG-IBIG OR HOME MUTUAL FUND FINANCING - Lending some amount of money from this government agency in order to acquire their dream home. However the buyer member of PAG-IBIG should have made payments of at least 24 months to his account in building an equity for his/her dream home. It can be accelerated if ever the buyers intend to buy it no time as long as he/she is bona fide member of the PAG-IBIG Fund with no outstanding debts or balance with this agency.

I have written some notes about the schemes available at Slideshare. You may click the link below to enlarge and view it clearly.

Comparative Study on the different Philippine Real Estate Financing Schemes.

View more presentations from Benedict Baluyut.

Some Related Articles or Blogposts.

Getting Ready in investing on your first real estate
Why invest in Pampanga?
Steps in making Cashflow through Real Estate
BIR issues new rules concerning one-time real estate transactions
Updates on PAG-IBIG Loan (Home Mutual Development Fund) for 2009

Copyright 2009-2010. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Field Trip: Nouveau Residences...A new home experience in Pampanga

The Nouveau Residences is a newest residential address in Angeles City. It is in close proximity to major conveniences around this bustling metropolis and a few distance away from the newest Ayala Mall, Marquee Mall Angeles.

Nouveau Residences is one of the latest development of Hausland Realty and Development Corp., the makers of Metro Clark Homes Angeles City and Mabalacat, La Casa Nueva in San Agustin, City of San Fernando, Timog Park Homes in Friendship Highway, Angeles City and many others. It has ventured into midcost yet affordable homes that are sought after by middle class families. Hausland launched the grand opening of this project last March 3, 2010 at The Lewis Grand Hotel, Don Juico Avenue, Angeles City.

Nouveau Residences offers amenities and features which are at par with developments of top national developers at an affordable price with different modes of payments to choose from in-house financing, bank financing, cash payments or PAG-IBIG / Home Mutual Development Fund.

Come and join this wonderful neighborhood and experience the living comforts of Nouveau Residences.

For more details, please call 045-961-5936 - C. F. Baluyut Realty - Real Estate Broker License No. PGA 04-069R or visit www.cfbaluyutrealty.com.

Copyright 2009-2010. Pampanga Real Estate Guide, Trend and Review TV. All Rights Reserved.

Field Trip: Mirado Dos, Spanish-mediterrenean themed community of Robinsons Communities in City of San Fernando, Pampanga

A piece of Spanish Mediterrenean living at Mirada Dos Subdivision. Mirada Dos Subdivision is the first development of Robinsons Homes, Inc., a division of Robinsons Land Corporation. Mirada Dos Subidivision has been a joint venture between the Miranda brothers in San Fernando, Pampanga.

After successful launching communities in Pampanga, Robinsons Homes, Inc. fourth project is now undergoing major developments in City of San Fernando, Pampanga. Its projects before are Forest Parkhomes 1 and Rosewood Parkhomes located in Angeles City and one in Mabalacat, Pampanga named Fernwood Parkhomes.

The subdivision is a sprawling 4.5 hectares residential community with complete amenities and features that can complement in a vacation lifestyle. Outside of the walls of the Mirada Dos, Robinsons Homes also offer commercial lots close to the subdivision which will make it a self-contained community closed to its conveniences on which Robinsons Land assures of its homeowners in the future.



Mirada Dos is conveniently located in Sindalan, a few meters away from McArthur Highway and conveniently close to supermarkets, government establishments and 10 minutes away to Diosdado Macapagal International Airport and Clark Freeport.


Robinsons Homes, Inc. have intensified the development of mid-cost homes in the nearby cities and provinces outside of Metro Manila including in Cebu and up in the north, Ilocos Region.

* Mid-cost residential/commercial subdivision
* Prime lots along MacArthur Highway, Brgy. Sindalan, City of San Fernando, Pampanga

For more details and information on Mirada Dos, you may C. F. Baluyut - CRB Benedict F. Baluyut, Real Estate Broker at 0917-510-0734 or Tel 045-961-5936.

Field Trip: Welcome to AIOLA Village at the Lakeshore

Aiola means flowerbed in Italian. Inspired by the lush and beautiful rural setting of the Italian countryside with mix of urban lifestyle in this new community inside the Lakeshore Estates. The triumph of Central Country Estates, Inc. in providing a newly established subdivision with its very own amenities and features that residents will surely enjoy.

Aiola Village has been unveiled to the The Lakeshore Marketing Corporation and its associates brokers and agent last July 2006. It started as a bold plan for Central Country Estates, Inc. in developing a subdivision with amenities and features same as Lakeview Village without the lake inside the Lakeshore Estates with other more free spaces and parks to compensate this development for the soon to be residents of this subdivision.

Last September 2006, it was already presented to the public on its grand launching day coincides with the Lakeshore Estates 6th founding anniversary wherein it was filled with glittering lights, served with sumptuous meal and attended by different personalities like Boy Abunda in giving grace on the wonderful occasion.

Field Trip: Revisiting THE LAKESHORE Residential and Leisure Estates

The Lakeshore Residential and Leisure Estates is a world-class residential township community in the heart of Central Luzon. It has a wide-coverage of about 340 plus hectare of lush land ready to be developed for all Filipinos to live. Located within the fertile plains of Pampanga. It has became clear and evident for the global Filipinos to invest in an excellent development within a tranquil and peaceful confines of the surburbs of the town of Mexico in the progressive province of Pampanga.

Just a few minutes away from Clark Freeport, Angeles City, City of San Fernando (the famous Christmas and Lantern Capital of the Philippines and the seat of government of Pampanga). The Lakeshore Estates has become a landmark in the Capampangan landscape wherein it attracted the attention of not only Filipinos but foreigners alike as a tourist spot, film shoot location and other major activities such as concerts, international sporting and beauty contests and many more.

After 8 years of its conception to birth and later to its development. The Lakeshore is still developing and expanding in order to meet the demands of the Global Filipino in living in a serene community here in the Philippines. Now, Central Country Estates, Inc. (CCEI) and its marketing arm, The Lakeshore Marketing Corporation have devised a plan to make this community more affordable and viable for middle income earning people through its Triple 15 Treat which is a promo for property buyers to avail of this very flexible payment terms as explained on our promo banner below.

Last year, Central Country Estates, Inc. and Sysco Development Homes forged an agreement in building a house and lot project inside the estates. Sysco has acquired three properties inside the Lakeshore as model homes for sale in the market and are still undergoing developments as of this moment (see Sysco and other relevant).

Central Country Estates, Inc. and N.S. Mangio Architects have also presented the LAKESHORE GEMS back in 2006. These units were intended before for Aiola Village due to insistent demand by the The Lakeshore Marketing Corporation and other Lakeshore owners in order for them to have a variety of available designs to choose from with a Italian Mediterranean inspired houses at the estate itself.

For inquiries and details on this property, please contact CRB Benedict F. Baluyut, Licensed Real Estate Broker at 0917-510-0734, Tel. (045) 961-5936 or e-mail at bfbaluyut@gmail.com.

NEWS: Bank urged to be vigilant in verification of titles

The Consumer Union of the Philippines (CUP) has expressed dismay over the reported P 389 million peso loan fiasco involving titles which victimized the Development Bank of the Philippines (DBP) and urged banks to reform their title verification and loan releasing processes.

In an earlier reports, a savings bank using allegedly spurious documents and highly questionable titles, obtained in a P 389 million pesos in loans from the DBP sourced from the Industrial Guarantee and Loan Fund (IGLF) jointly funded by the USAID, World Bank and Asian Development Bank. The suspicious nature of these documents was apparently discovered only much later after the loan had already been released and the Bangko Sentral conducted an examination of the bank's loan portfolio.

The CUP chairman Ambassador Raul Goco, a former solicitor-general, said this deplorable incident and many other similar cases over the years highlight the dangerous inadequacies of banks in filtering out dubious titles submitted as collateral for loans.

In view of these incidents and banking system's abnormally high inventory of non-performing loans (NPL) at some P 150 million peso, and other Real and Other Properties Acquired (ROPAs) currently amounting to more than P 250 billion pesos Goco said banks should immediately reform their lending procedures, as loans collateralized by dubious titles are never meant to be repaid in the first place.

The banks' disclaimers in the sale of their ROPOAs, which is practically disavow title authenticity, Goco said, amount to an admission of their failure to comply with the Supreme Court's rule requiring banks to have a much higher degree of diligence in verifying titles, beyond the standard "due diligence" practiced by ordinary dealers in the real property.

"From the many cases we have reviewed, it is only after the borrower has already absconded or failed to pay the loan that the banks discover the fake or fraudulent titles they have accepted as collateral", Goco said.

CUP President Quirino Marquinez, a practicing lawyer, said that for as long as banks continue with their present cursory title verification process conducted by their in-house appraisers or credit investigators, they will remain the principal target of fake titles syndicates.

Marquinez said these will preclude collusion between fake title syndicates and bank insiders, even as the use if independent, government-recognized title verifiers will ensure objective, non-self-serving, influence-free and transparent findings about the title, upon which any party - not just the lender, borrower or buyer - may rely.

The CUP urged banks to immediately subject titles covering their NPLs to a thorough verification process by third party independent verifiers so that should fake titles be discovered, appropriate action may be taken while they still can against the parties responsible, and immediately subject all ROPAs to the same process so that appropriate adjustments may be made in the bank's financial statement to reflect the factual values of said ROPAs for the general public to know.

Source: Manila Bulletin (February 24, 2008)