Real estate can be viewed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property and its true value can provide good profits. This is the reason why sales trained people pursue real estate as their full time job. Now, Real Estate agents are primarily focused on selling residential real estate and commercial real estate are sometimes neglected. However, they should know that commercial real estate is as good an option for investing some of your savings.
Commercial real estate includes various kinds of properties. Most people think that commercial real estate are those where office complexes or factories and industrial units are located. Other properties like hospitals, retail stores and warehouses are other models of commercial real estate. Even residential properties like apartments or any property that has more than four residential units can be considered as commercial. In fact, the latter is much in demand.
The Damosa Business Center, Anflocor’s pet project is nearly complete. It is situated right beside the existing IT Park in Lanang.
This upcoming commercial building was designed to house software development outfits, telecommunication providers, research & development firms. It will be inaugurated sometime in April 2008.
Around the city, more and more commercial and residential buildings are being built. While these constructions are not directly related to IT, they are matching the efforts of various sectors in promoting the city as an ideal IT investment destination.
Mr. Villaver said he welcomes these real estate projects, as well as the entry of other property developers that are targeting information technology services to provide the necessary jolt for the local economy and provide more work to Davao’s growing number of IT graduates.
In Addition, Blue-chip property developers like SM and Robinsons are actually eyeing Davao City as a possible area of funneling in investments and open economic zones focused towards IT and IT-enabled services.
TAMPA, Fla. (AP) — Florida couldn’t navigate out of its housing doldrums in 2007.
Around the state, a surplus of homes and condos built during an unprecedented housing boom left the market saturated and sluggish. Foreclosures climbed, lifting Florida to the No. 2 spot nationwide in the number of bad mortgages per capita by November.
Continue reading ‘Sluggish Housing Market Top Florida Story in 2007′
Ed Villaver, VP and General Manager of Damosa Land, acknowledged recently that the Anflocor Group is entering into a partnership with Ayala Land Inc. for the creation of a 10-hectare business complex in Bajada. The property is located on Jose P. Laurel Ave., near Victoria Plaza complex and Barrio Obrero. Villaver estimates that groundbreaking will commence middle of this year.
This came to be following the success of the Damosa IT Park of Damosa Land, a number of other real estate development projects are now expected to see the light of day in Davao City. According to Villaver, the site wont be another IT economic zone. It will become a mixed-use property that will be occupied by business process outsourcing companies and other Manila-based franchises. Aside from these developments, a hotel is currently in the works around the vicinity to house expatriates and other transients.
People ponder on whether it is better to rent a house or just buy one. Newlyweds prefer to find a home where they could permanently stay in and bring up a family. There are many arguments on whether the latter is better than the other. The author, therefore, decides to explore the different options on whether renting or buying would be the better choice for the family or individual.
This study is necessary so that it could serve as an eye-opener to the ones still lying in confusion on the benefits and disadvantages of the two choices laid out above.
Two important factors are community cohesion and beautiful design. The design itself must be an external advertisement to by-passers. It would serve as the attraction to those around the realty.
The community cohesion would also serve as the uniting part of the realty. If it is not meant to be a resting place isolated in a faraway location, then, it would be more preferable to use it as cohesion to the community. For example, by making it accessible crowded places by placing pedestrian lanes beside or in front of it. This way, there is more interaction between the realty and the community. It makes it an active place where many may eye it.
Donald Trump’s problems on the PR front for the Trump Soho condo hotel nearly ruined his day, but the Department of Buildings gave him some good news to alleviate his disappointments. The DOB partially suspended “the Stop Work Order ” to allow Bovis Lend Lease, the Contractor of the Project to proceed with the construction of the phases. With this development, work can begin from the 23rd Floor down, but works on the upper part of the building as well as crane operations remain suspended at the moment. They further added that they will have daily presence at the work site to make sure that all authorized corrective work is in compliance with site safety requirements of the city. Workers are likewise encouraged to get more safety training familiarization. The Stop Work Order was issued after the fatal accident on the 42nd floor happened.