Category Archives: Announcements

Avida Land offers easy terms for Cebu IT Park condo unit

Avida Land, the affordable housing arm of Ayala Land Inc., makes it easy for the younger market segment to own a unit in its second Avida Towers Riala condominium by relaxing downpayment terms, a company executive said.

An artist's perspective of the completed Avida Towers Riala development at Cebu IT Park.

An artist’s perspective of the completed Avida Towers Riala development at Cebu IT Park.

Tess Tatco, Avida Land marketing manager, said they’ve stretched the period for the 20 percent downpayment to 36 months. A typical call center agent can easily afford the three-year monthly payments of P10,800, she pointed out. Avida Land is the affordable housing arm of Ayala Land Inc. in Cebu, Philippines.

Project officer Carlo Aldaba said the first two Avida Towers Riala will be mirror images of each other, having the same 27 residential floors with a maximum of 23 units each level.
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Luxury condo to rise on Marco Polo Drive in Cebu

Go home to the luxury of a five-star hotel. On Marco Polo Drive in Nivel Hills will soon rise the most desirable address in Cebu City, Philippines.

Introducing “The Residences,” the first condominium that has the international quality services of a five-star hotel.

Choose from a view of the mountains overlooking the bustling city or a refreshing glimpse of the pool.
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Questions about Pag-ibig housing loan

I know I’ve been remiss about updating this blog, and I want to thank you for continuing to visit even though my last post before today had been in September.

Changes in schedule at home and in work have given me a little time to concentrate on this blog, and I’m hoping that the extra hours would allow me to answer your many questions about Pag-ibig’s housing loan.

I know there’s no way I would be able to answer each and every question as they come, considering that I’ve received over 500 queries since this blog started.

What I’m going to do therefore is compile all your queries into a Frequently Asked Questions (FAQ) list that you can browse anytime. Right now, I’m still collating all the questions that had been asked and, once that’s done, I will try to give a comprehensive answer to all of them.

I will need a few days to do all of these, so please come back now and then to check if the FAQ section is up. Thanks.

Disclaimer: This site not affiliated with Pag-ibig

It appears from the comments left on articles here that some visitors and readers have mistakenly assumed that this is a Pag-ibig Fund-initiated site.

I’m sorry if some entries here have led some of you to believe that I, the writer, am affiliated with Pag-ibig. Let this post be a formal disclaimer that this site has nothing whatsoever to do with that government agency.

Rather, this blog is a personal initiative that started when my husband suggested that we write about real estate in Cebu. To get more information about real estate transactions, I joined a seminar on the realty profession organized by the National Real Estate Association-Cebu Chapter before starting this site last year.

Since the option to take the real estate examination for brokers came with the seminar, I did that too and passed. I, however, only applied for a broker’s license last month. I was told just last week that my license has been released and I only have to pick it up with the NREA-Cebu Chapter office.

I’m also based in Cebu and can only provide information about real estate units here.