Archive Page 5
Crown Asia, one of the Philippines leading builders of high quality urban housing communities nationwide for the last decade has announced its expansion both in the Northern and Southern parts of Metro Manila to give more chance to prospective clients to buy their dream home. Their target market are mostly OFW’s (Overseas Foreign Workers), Filipinos who worked abroad for so many years and are looking to purchase property where they can finally retire with their loved ones.
The company’s mission statement focuses on delivering not just projects, but indicators of progress and by improving the standard of life of its target markets, it gives the country the necessary push and motivation for sustainable socio-economic development. Projects underway are found in 3 places, 1 to the North and the remaining two are in the South part of Metro Manila. First is in Antipolo, which is North of Manila where residential properties named Terraces and Woodberry are found. Another project on the works, Valenza, can be found South of Manila, in the province of Laguna and lastly, Amici, Amalfi and Residenza, new neighborhoods set to rise in the seaside province of Cavite, just an hour’s drive from the Philippines Capital.
With these projects, Crown Asia are hoping to deliver high quality properties to both the OFW’s and new families where they can lavish the fruits of their labor, whether here or abroad.
True to their vision, Crown Asia continue to present homes that exhibits designs of long lasting excellence and certified value, raising a balanced, healthy, and a very active community life that fosters ideals among neighbors.
The commercial real estate market was marked by big projects in 2007, from malls to hotels to condo projects.
Two hospitals were put on the market. Memorial Hospital, at 806 Central Ave. SE just east of Downtown, was offered for sale at $4.6 million for 47,000 square feet on 2.27 acres. It remains unsold by its Albuquerque and Santa Fe owners, which include Oberstein Properties of Santa Fe. The hefty cost of redeveloping the 1920s-era building could be a reason it hasn’t sold.
Continue reading ‘Thinking big: Whether Uptown or Downtown, commercial real estate developers set their sights way up there’
Looking for a house or “House Hunting” is the start of the consumers’ adventure and exploration to a new place. To begin with the hunt, the consumer must decide on where to look for a spot. Then, look for agents that may help you with the touring and visitations. They could also help you know about the gory details and legalities of the houses you plan to purchase.
You can also find more options through newspapers and magazines. Open-houses are also very helpful as well to buy properties. Nowadays, the Internet allows the surfer virtual tours that encourage convenient house visitations.
To avoid being deceived by the propagandas of the “sellers,” it would be better to take some tips on how to buy land in a precautious manner.
First of all, do not hesitate to ask and satisfy all you doubts and queries about the terms and deals. If there are inconsistencies on his/her answers, then, he or she is not credible of your trust. Since trust is being tested here, it would be better if the person offering you the land have some proof or certificates that are authentically showing that he or she is really credible.
It wouldn’t hurt to do some researching about the location’s background and history yourself. Be really curious about the legality of the processes and the right price of the land you are to buy.
Right now, we are to tackle what happens after purchasing the house. This is, of course, the payment. There would be negotiations or a bargain on the last price once the seller states his initial price. But the question now pops out: Do you pay with cash or installment?
This is an easy question to ask. For the people who have saved cash for “D-Day,” it would be better to pay in cash. This makes your relationship with the seller refreshed or less complicated. If you are someone who relies on financial aids, loans, and things such as enumerated, then it would be better to consider installment payment.
Commercial real estate is profitable for sure provided that you will be able to recognize if the opportunity is present. Commercial real estate profits can be real big if you could get that commercial real estate you long for and resell them. You can even make more money and investment appreciation if you for rent it out to small to medium sized retailers.
Commercial real estate boom can be in fact a first sign for development of residential real estate. You should begin evaluating potential properties for appreciation in the prices of commercial real estate and then purchase it quickly as soon as you find a good deal.
In addition, if you found a big commercial real estate property that is only available in big chunks and is too expensive for you to buy, you can organize a small investor group and buy it together and divide the profits equally. When a retail boom is imminent in your area, you might find it rewarding to buy a property that you can transform into a storage place and have it rented to small businesses.
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.
