From the Editor
Ms. Joanna P. Valencia, Public Relations Officer
CREBA closed the books of last year with
a long list of notable accomplishments and
opened the present with an equally long
list of things-to-do, all in the pursuit of its
overarching philosophy of “business with
a social conscience” ever mindful that the
welfare of the greater majority shall always
remain to be its “paramount concern.”
Indeed, time has flown so fast. It was only
like yesterday that we were ushering into a
new year, yet, almost without us noticing in
the midst of the many milestones that have
dotted the CREBA activity calendar, we have
now reached the middle of a most promising year.
As the largest organization of real estate industry stakeholders, CREBA continues to
tirelessly and relentlessly push for the passage of the “Department of Housing” Bill
in the legislature.
In June 8, 2012, Congressman Rodolfo G.
Valencia, Chairman of the Committee on
Housing and Urban Development at the
House of Representatives, took to the floor
EDITORIAL BOX
Executive Publisher:
Charlie A.V. Gorayeb
CREBA National President
Executive Editor :
Joanna Marie P. Valencia
Public Relations Officer
to, time and again, defend the matter of
housing to become a government priority at
the highest level through the creation of a
Department of Housing and Urban Development (DHUD).
In his sponsorship speech, he highlighted
how the House have repeatedly sought to
solve the country’s housing quandary by
approving bills creating a DHUD. Unfortunately, though, efforts in the 9th, 12th, and
13th Congresses somehow “lost ground” at
the gates of the Senate.
With pressures from many fronts including
the housing sector and our allies in the legislature, the DHUD has deservedly landed as
among the top 10 priority measures. Earlier
this month, the latest version in the Senate
has been approved at second reading. Let us
await in anticipation developments on the
DHUD as Congress resumes session in late
July.
Should this measure be finally enacted into
law, the Philippines will join other countries
that have elevated the matter of housing or
urban development, to the level of a fullfledged Department.
The support and participation of our Chapters from all over the Philippines for the past
few months have been remarkable. As part
of efforts to strengthen existing chapters,
Managing Editor
Sharmin C. Albacete
Legal Counsel
Atty. Albino E. Paranada
Editorial Staff:
Myrna M. Delos Reyes
Emerita B. Belino
Rosalyn S. Tablante
Exequiel M. Sangil
Kathleen F. Tindogan
CHAMBER OF REAL ESTATE & BUILDERS’
ASSOCIATIONS, INC.
3/F CREBA Center, Don Alejandro Roces Ave.
cor. South “A” St., Quezon City, 1103 Philippines
Tel: (632) 373-2270 to 75
Fax: (632) 373-2271
Mobile No. (0918) 923-4728 /
(0922) 877-1330
Email: creba_national@yahoo.com
URL: www.creba.ph
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APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
revive some and create new ones, our national leadership has made rounds into many
of the country’s provinces and key cities to
induct new administrations, conducting dialogues, holding symposia, and touching-base
with industry stakeholders in various key
areas with strong real estate and community
development potentials.
We in the CREBA CHRONICLE promise
you that our newsletter will continue to provide support and voice for the Chamber’s
various advocacies, along with timely press
releases on emerging national concerns.
Don’t miss out on benefitting from its online counterpart through constant e-bulletins
disseminated real-time through our official
e-group.
Keeping up-to-date is now made easy. News,
laws, issuances, circulars and other updates
vital to our companies’ daily operations are
practically one click away and easily downloadable via our e-mails.
The new and improved www.creba.ph
CREBA website portal is very active and
fully operational. Aside from timely updates,
news articles, advertisement opportunities
and other useful real estate data, a myriad of
links have been made available in the portal
making it a virtual one-stop shop for all real
estate needs.
Hon. Rodolfo G.
Valencia, chairman
of the House Committe on Housing &
Urban Development delivers his
sponsorship speech
for the Department
of Housing Bill
during the plenary
session held last
June 8, 2012 at the
Batasan Complex.
From the President’s Pen
MR. CHARLIE A.V. GORAYEB
CREBA National President
Department of Housing: A MUST
It is a great honour and privilege for me
to lead for another year the country’s largest umbrella organization of stakeholders
from the allied industries of housing, construction, and real estate development – the
Chamber of Real Estate and Builders’ Associations, Inc. or CREBA.
CREBA: Voice and Vanguard of
Philippine Real Estate
Over the last four decades, CREBA has
taken upon itself to regularly propose legislative and administrative approaches to
housing production, finance or regulation,
or submit well-researched commentaries or
critique of government-initiated legislation
or policies related to housing.
From time to time, however, CREBA has
also seen it fit to propose measures or take
a position on emerging concerns or issues
that, although not directly related to housing, nevertheless affect the socio-economic
or political environment that invariably impacts on housing and real estate.
Among the major issues that have continued
to plague the housing sector is the absence
of a government unit devoted to provide
solutions to the over-arching challenges of
providing decent homes for Filipinos. Thus,
CREBA has been pushing for the creation
of the Department of Housing and Urban
Development (DHUD) through legislation.
Housing is one of Man’s Basic Needs
CREBA perceives that since the abolition of
the Ministry of Human Settlements in the
wake of the Martial Law regime’s downfall,
the housing effort has suffered in terms of
prioritization at the highest levels of Government. Since shelter is one of the three
most basic needs of man, provision of the
same should enjoy a priority at least equal
to tourism and other government services,
and should be similarly addressed by a fullfledged Department rather than just a mere
Coordinating Council.
Toward this end, CREBA has been continually working for the creation of a DHUD
that will establish a permanent seed fund,
balance land use, enhance securitization measures, expand the powers of the
HLURB to cover summary ejectment functions and thus, protect the property rights
of legitimate landowners, among many other urgently needed reforms.
Constitutional Provision on Housing
Art. XIII, Sec. 9 of the 1987 Constitution
provides that the State shall, by law, and
for the common good, undertake, in cooperation with the private sector, a continuing
program of urban land reform and housing
which will make available at affordable cost,
decent housing and basic services to underprivileged and homeless citizens in urban
centers and resettlement areas. It shall also
promote adequate employment opportunities for such citizens. In the implementation
of such program, the state shall respect the
rights of small property owners.
This precept highlights the enormous and
widely-encompassing importance of housing and urban development in raising the
quality of life of societies and people, and
the inevitability of public-private partnership to attain social improvement goals. It
therefore mandates government to accord
housing policies and issues fundamental focus and, in the process, provide communities all the needed support services that will
help citizens thrive as members of functional social units.
Global Policies on Housing
This kind of focus is evident in some of
our closest Asian neighbors, who, in the last
three to four decades successfully pulled
themselves along as self-sufficient and stable centers of economic growth.
In Singapore, for instance, where population is 100% urban and total land area is
a miniscule 678 square kilometers, public
housing programs, particularly the planning
and development of new communities, allocation of rental units and resale of units
for ownership is managed by a statutory
Housing and Development Board, while
management of communities is delegated
to town councils. Yet, a larger Ministry of
National Development is responsible for
national land use and development planning
to implement a complex and diverse process
of developing world-class infrastructure
and creating a vibrant and sustainable living
environment.
In Malaysia, where 72% of the population
resides in urban areas, there exists a Ministry of Housing and Local Government. A
Housing and Urban Development bureau
provides low income housing and assists
in creating new housing in cities for low income families in Thailand. Cambodia maintains a Ministry of Land Management, Urban Planning and Construction, as well as a
Ministry of Rural Development.
(Turn to page 4)
The Official Publication of CREBA, INC. | APRIL - JUNE 2012
3
Department of Housing...
(continued from page 3)
Housing and development-related ministries
and departments are likewise present in Brunei, Indonesia, Laos, Vietnam and Myanmar.
Our most ardent advocate in Congress, Hon.
Rodolfo G. Valencia, reveals that among other Asia countries, Bahrain and Oman have
each their respective Ministry of Housing,
while Fiji has its Ministry of Housing and
Urban Development. In Europe, he said,
Hungary has its Ministry o Building and Urban Development, The Netherlands created
its own Department of Shelter and Land Use
way back in the year 1900.
In Africa, the country of Guinea has its Ministry of Town Planning and Housing, Malawi has its Ministry of Housing and Physical Planning, and Uganda has its Ministry of
Housing and Urban Development.
In Latin America, Bolivia has its Ministry of
Urban Affairs, and both Costa Rica and Nicaragua have their respective Ministry of Housing and Human Settlements.
In the world’s larger economies, such as the
United States, the Department of Housing
and Urban Development carries a mission
to create strong, sustainable, inclusive communities and quality affordable homes for all.
The HUD works to “strengthen the housing
market to bolster the economy and protect
consumers, meet the need for quality affordable rental homes, utilize housing as a platform for improving quality of life and build
inclusive and sustainable communities free
from discrimination.”
Philippines: Housing Backlog of
4 Million
In the Philippines, the housing backlog currently stands at close to 4 million homeless
families, more than 75% of which are informal settlers living in urban centers. To eliminate this backlog and at the same time serve
the needs of the growing population within
at least 20 years would require a minimum
housing production rate of 500,000 units per
year.
Hence, the Chamber of Real Estate & Build-
ers’ Associations, Inc. (CREBA) strongly
believes that creating the Department of
Housing has been, still is, and always will be,
a pressing concern that the legislature must
finally address to ensure that the critical housing problem is accorded the attention it deserves at the highest level.
The proposed Department of Housing Bill
aims to address housing in its totality by
encompassing 4 major aspects of land and
housing development: finance, production,
regulation and administration.
CREBA views that any half-measures, focused only on one or two of these aspects,
would be largely ineffective in view of the
gravity of the current housing situation and
may only result in waste of government
funds and effort, if not failed expectations on
the part of the millions of homeless.
Lean and Mean Department
For those who worry, no new appropriation
is necessary. The existing appropriation for
HUDCC, including personnel and assets,
is transferred to the Department. A simply
structured, lean and mean Department would
be more appropriate in view of budgetary
constraints and in the interest of a higher degree of cost-efficiency and considering that
the bulk of operations will be undertaken by
the attached agencies already existing.
CREBA believes that the creation of a Housing Department is not only imperative, but
long overdue. The Chamber has long been an
advocate of the DHUD Bill and has unfailingly submitted its proposals to both Houses
of Congress over the years. Our position has
remained consistent for the past 2 decades:
that the DHUD need not be structured with
the usual full complement of bureaus and
service divisions.
This is because the administrative and operational structure is already in place – comprised of the existing housing agencies and
GOCCs. There is thus no compelling need to
disturb this existing infrastructure.
What is of utmost importance is to cloth
the policy-making and overseeing body with
powers sufficient to ensure (1) that the existing housing agencies, local governments and
the private sector operate in a concerted and
holistic fashion, and (2) that the housing and
urban development effort is accorded the priority it deserves at the highest rungs of government.
Thus, it should suffice to elevate the status
of the present Housing and Urban Development Coordinating Council (HUDCC) into
a Department, maintain its present complement of offices and personnel, attach thereto
the existing housing agencies and GOCCS,
and confer upon this Department adequate
administrative and supervisory powers over
the KSA’s and their respective governing
boards.
Perhaps the most radical, albeit necessary,
measure we would now like to introduce, in
view of our actual and recent experiences, is
the granting of veto powers upon the Housing Secretary over all actions taken by the
governing boards of the KSA’s with respect
to investments, allocation and disposition of
funds, issuance of credit instruments, and
such matters as may bear directly or indirectly
on policies, programs, rules and regulations
adopted by the Department.
The DHUD Bill should, therefore, grant the
Housing Secretary full authority and direct
control over the KSA’s, and in the process,
provide the mechanism for responsibility and
accountability for his actions.
Economic Pump-priming
The proposed Act, while specifically attuned
to the needs of the millions of homeless, will
nonetheless provide a tremendous boost to
the economy if enacted and implemented
fully and decisively due to the enormous economic pump-priming impact of housing activity in terms of providing employment and
income opportunities for millions, catalysing
business activity for at least 68 other industries and generating billions in government
revenues from taxes.
(Turn to page 7)
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APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
2012 CREBA
BOARD OF DIRECTORS
Jerry M. Navarrete
Chairman of the Board
Charlie A. V. Gorayeb
Noel M. Cariño
Florante C. Ofrecio
Ma. Concepcion N. Beltran
Rosemarie C. Basa
Vitus P. Cruz
Arsenio M. de Guzman, Jr.
Florentino S. Dulalia, Jr.
Danilo E. Ignacio
Judge Oscar A. Inocentes
Romeo Thaddeus R. Liamzon
John Marie N. Lizares
Julius G. Topacio
Joanna Marie P. Valencia
The 2012 CREBA Board of Directors and Officers with Hon. Manuel B. Villar, Jr. during the
4th Monthly Business Meeting & 39th Induction Ceremonies held last April 26, 2012 where Senator
Manuel B. Villar was guest of honor and inducting officer.
2012 CREBA
EXECUTIVE OFFICERSr
Charlie A. V. Gorayeb
National President
Noel M. Cariño
Executive Vice-President
Franklin G. Fuentebella
VP-Finance
Pablo A. Panlilio, Jr.
VP-Internal Affairs
Vitus P. Cruz
VP - External Affairs
Techie P. Bautista
VP - Chapter Affairs
The CREBA Board of Directors & Officers for 2012 led by Chairman Jerry M. Navarrete and National
President Charlie A.V. Gorayeb were inducted to office by Sen. Manuel B. Villar, Jr. last April 26, 2012.
Roque A. Magno
VP - Academic Affairs
Julius G. Topacio
VP-Global Real Estate Alliances
Atty. Ernesto C. Perez
VP-Environment
Florante C. Ofrecio
Corporate Secretary
Ma. Concepcion N. Beltran
Treasurer
Joanna Marie P. Valencia
Public Relations Officer
The CREBA Board of Directors & Officers for 2012 led by Chairman Jerry M. Navarrete and National
President Charlie A.V. Gorayeb with Hon. Manuel B. Villar, Jr. and Cong. Rodolfo G. Valencia.
6th CREBA monthly meet highlights new Pag-IBIG
programs for homebuyers
dent for Home Lending Operations of the
Home Development Mutual Fund (PagIBIG Fund) as guest of honor and speaker.
Circular 310 or the amended guidelines on
Pag-IBIG Fund end-user financing (EUF)
program will be the focal subject of the
upcoming sixth monthly business meeting
of the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) to be held
at noontime of June 28, 2012 (Thursday) at
the Grand Ballroom of the Hotel Intercontinental, Ayala Avenue, Makati City.
The affair will be graced by the presence of
Ophelia L. Dela Cerna, Senior Vice-Presi-
In the early 70’s, CREBA recommended the
creation of a housing fund system similar in
concept to the Social Security System (SSS)
and the Government Service Insurance System (GSIS) where members may borrow
solely for housing purposes. The Pag-IBIG
Fund was created in 1978 based on this idea,
with employers’ contributions as a requisite.
By virtue of Republic Act No. 9679 or the
new Pag-IBIG Charter signed into law in
2009, mandatory membership in the PagIBIG Fund extended its coverage from employees of public and private companies, to
Filipinos working overseas as well.
The new guidelines signed in June 6, 2012
shall apply to housing loans received beginning July 2, 2012. A qualified Pag-IBIG
member shall be allowed to borrow an
amount up to a maximum of P6 Million
with the member’s actual need, loan entitlement with respect to capacity-to-pay and the
loan-to-appraisal value ratio as bases. However, the availability of the loan package for
over P3 to P6 Million shall be limited by the
Fund’s annual funding allocation for the said
package.
Pag-IBIG is an acronym which stands for
Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno. To this day, the
Pag-IBIG Fund continues to harness these
four sectors of the society to work together
towards providing Fund members with adequate housing through an effective savings
scheme. #
Palawan Chapter hosts local Convention Launching,
inducts 2012 directors, officers
CREBA Palawan Chapter hosted a local launching of the 21st Annual CREBA National Convention in Puerto Princesa City last last
June 14, 2012 which coincided with the inaugural ceremonies of its
new set of directors and officers.
Earlier in the same day, a tri-partite tree planting activity in cooperation among CREBA, the PSCD PALTREE and the provincial government was launched. Hon. Abraham Kahlil M. Mitra, governor of
Palawan graced the launching and the induction ceremonies with his
presence. CREBA’s participation in the tree planting activity is part of
its nationwide environmental conservation and greening initiatives.
Sabalo, assistant business manager; Edith Tibay, spokesperson; and
Mr. Dominic Fresnillo, assistant spokesperson.
Governor Mitra delivered the welcome remarks during induction
rites.
CREBA’s executive vice-president Noel M. Cariño led the oath taking of the incoming chapters officers and board of directors. Leading the inducteed were Agerico L. Banzon, chairman of the board;
Engr. Cipriano D.C. Barroma, chairman emeritus; and Mark Stevens,
president.
Also inducted were Enrique Guanio, executive vice president; Rowel
A. Quipquip, Jr., external vice president; Norma A. Catapang, internal vice president; Elmer Zita, secretary; Edelitha T. Schroeter, assistant secretary; Felimon Chiu, treasurer; Lorenzo G. Galvez, assistant
treasurer; Alfredo L. Albano, auditor; Rodellaine Flordeliza, public
relations officer; Leonora E. Rodriguez, business manager; Rosbel S.
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APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
CREBA executive vice-president Noel M. Cariño administers the
oath of office of the newly-elected officers of CREBA Palawan
Chapter led by incoming president Mark Stevens.
Department of Housing...
(continued from page 4)
DHUD’s Time Has Come
With the property market going on an unprecedented and extended boom, the increased spending power of Filipinos working
and residing and overseas, and the overall
population earning its mark as the 7th largest
in Asia and 12th in the world, the creation
of a full-fledged Philippine Housing Department is not just a must, but a crucial strategy
whose time has come.
Regional Stakeholders’ Forum on “Business Opportunities and
Updates on Housing and Subdivision Development in Batangas”
July 12, 2012 (Thursday), 2:00 PM
Hacienda Darasa Garden Resort Hotel
Tanauan City, Batangas
Resource Persons: Planning Officers from Lipa, Tanauan and Sto. Tomas
Regional Representatives from HLURB and the PagIBIG Fund
For inquiries, pls. call (02) 373-2270 to 75
Email: creba_national@yahoo.com
With the full support of the Housing Czar,
Vice-President Jejomar C. Binay, and the tireless efforts of the Senate and House Committees headed by Sen. Ferdinand R. Marcos,
Jr. and Cong. Rodolfo G. Valencia, we hope
that our resolve to pass the DHUD Bill for
the last 20 years will finally translate to reforms that will benefit our people. #
CREBA Cebu Chapter, headed by Herbert E.
Buot, chapter president (3rd from left) holds
its membership meetings every two months.
Photo shows officers and members of the
Chapter with George Flessas who spoke at
the meeting and officiated the oath of new
members last March.
1st Regional Diploma Course in Pampanga
In line with the expansion program of
the CREBA-DLS CSB Diploma Program
in Real Estate Management, the CREBA
Pampanga chapter hosted an initial offering in San Fernando City, Pampanga.
Led by Program Director Prof. Roque
Magno, Module Director Atty. Ernesto
Perez and Pampanga Chapter President
Kay Pineda, the course on ‘Real Estate
Laws and Regulations’ was offered from
January to February 2012. Classes were
held for six consecutive Saturdays from
9:00am to 4:00pm at the Heroes Hall of
San Fernando.
Interested participants may call the
CREBA Secretariat for reservations.
The Official Publication of CREBA, INC. | APRIL - JUNE 2012
7
CREBA launches 21st annual confab
The Chamber of Real Estate & Builders’
Associations, Inc. (CREBA) held the official
launching of its 21st Annual National
Convention during its 5th Monthly
Business Meeting held last May 31, 2012
in Makati City.
Multi-awarded local chief executive Hon.
Edward S. Hagedorn of Puerto Princesa
City graced the occasion as guest of honour
and speaker.
According to Charlie A. V. Gorayeb, CREBA national president, the annual national
convention held in the month of October,
serves as CREBA’s major year-end activity.
The convention generates resolutions which
are presented to the legislative and executive
departments of government to assist in the
attainment of the national housing goals.
CREBA executive vice-president Noel M.
Carino who heads the event organizing
committee, announced that the Convention,
which will be held from October 18-20,
2012 at the Legend Hotel, Puerto Princesa
City, Palawan has the theme “Global Filipino: Key to Conserving Growth Through
Sustainable and Strategic Real Estate Development and Practices.”
CREBA is the Philippine umbrella organization of the real estate and housing industry
composed of property developers, builders,
contractors, suppliers and manufacturers of
construction materials, real estate service
practitioners and other professionals and
entities engaged in 68 allied fields.
The other members of the Convention
Committee are: Florante C. Ofrecio, vicechairman; Vitus P. Cruz, secretary-general
and PR head; Connie N. Beltran, finance; Joanna Marie P. Valencia, sponsorship; Pablo
A. Panlilio, Jr., transportation and accommodation; Julius G. Topacio, programs; Techie
P. Bautista, attendance; Romeo Thaddeus R.
Liamzon, Jr., protocols; Josephine A. Cortez
and Grace Anne Cristine A. Torres, fellowship and physical arrangements; Roque A.
Magno and Atty. Albino E. Paranada, resolutions; Evangeline A. Yia and Conirose L.
Dulalia, investment and exhibit center; Arsenio M. De Guzman Jr., souvenir magazine
publication; Albert Lim, golf tournament;
and Myrna M. Delos Reyes, secretariat.
Early bird discounts for members and nonmembers are available until July 31, 2012.
Advanced bookings are likewise encouraged
to ensure a slot for a visit to one of the new
seven wonders of nature – the Puerto Princesa Underground River. Optional tour packages are available for October 20, 2012.
Interested parties may contact the Secretariat at tel. nos. 373-2270 to 75 or e-mail
address creba_national@yahoo.com. #
2012 National Convention Committees
The heads of the various Convention Sub-Committees
led by Chairman Noel M. Carino join key officers of
the host chapter, CREBA Palawan, during the official
launching of the Convention.
President’s Report
Charlie A.V. Gorayeb, CREBA national president, delivers his
message to the general membership during the 5th Monthly
Business Meeting of the Chamber held last May 31, 2012. The
event coincided with the launching of the 21st Annual CREBA
National Convention to be held this October.
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APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
Puerto Princesa City Chief Awarded
Hon. Edward S. Hagedorn, city mayor
of Puerto Princesa, Palawan receives a
plaque of appreciation from CREBA
leaders during the 5th monthly business
meeting of the Chamber where he was
guest of honor and speaker.
Hon. Edward S. Hagedorn during his presentation of
the opportunities and attractions available for investors, tourists and other visitors both in the province
and the city. In his message to CREBA members,
Mayor Hagedorn pledged full support for the upcoming CREBA Convention to be held in his city.
CREBA Palawan Chapter Delegation
A power-house contingent from the CREBA Palawan trooped to Manila to grace the
meeting and convention launch. They are (L-R) Dominic Fresnillo, Archt. Rowell Quipquip,
Engr. Cipriano Barroma, Elmer Zita, Enrique Guanio, Edith Tibay and Mark Stevens.
21st CREBA Confab centres on Global Filipinos,
sustaining the property boom
The property sector is enjoying its most
prolific cycle in recent history. The Philippines’ diaspora of
Global Filipinos
continues to fuel a boom in the real estate market back home. Building means
growth; investments convey progress; good
business leads to an upsurge in economic activity; and domestic growth always
spells good news for the country.
This is the centerpiece of the upcoming
21st Annual National Convention of the
Chamber of Real Estate & Builders’ Associations, Inc. or CREBA – the largest Philippine umbrella organization of the real estate
and housing industry composed of property
developers, builders, contractors, suppliers
and manufacturers of construction materials, real estate service practitioners and other
professionals and entities engaged in 68 allied fields.
The Convention will be held from will be
held from October 18-20, 2012 at the Legend Hotel, Puerto Princesa City, Palawan
with the theme “Global Filipino: Key to
Conserving Growth Through Sustainable
and Strategic Real Estate Development and
Practices.”
CREBA national president Charlie A. V.
Gorayeb said that with an estimated number
of 12 million or about a tenth of the total
Philippine population, the magnitude of the
economic contribution of overseas Filipinos
have long been a major force in terms of remittances, property acquisition and creating
businesses.
According to Noel M. Carino, executive
vice-president and chairman of the convention organizing committee, the spending
power of the middle class has significantly
increased, and the economy continues to
draw strength from a conservative banking
sector, a stable homebuyers market, plus billions in remittances from abroad. “We see
no end in sight for the property industry’s
flourishing growth”, he stressed.
The Convention hopes to unlock and link
together sustainable and strategic approaches to keep this growth path, and in the process, reinforce the commitment of industry
stakeholders to advance land and housing as
a primary catalyst for economic and social
progress.
“It shall provide the needed perspectives on
global concepts and tap into the unlimited
opportunities on emerging and fast-expanding markets,” they concluded.
The Official Publication of CREBA, INC. | APRIL - JUNE 2012
9
IRM Forum Series
After a very successful week long International REALTOR® Members (IRMs) Forum series held in Cebu, Bohol
and Iloilo, the IRM.s from various parts of the country also
converged for the Manila-edition held last June 9, 2012 at
Asian Institute of Management (AIM) in Makati City. During the forum, CREBA Director and VP for Global Alliance Julius Topacio explained the CREBA NAR Bilateral
Agreement, Chairperson of CREBA-NAR Global Real Estate Council Evangeline A. Yia presented the IRM Benefits to the REALTORS® and participants were oriented by
NAR President’s Liaison to the Philippines Ms. Shonee M.
A. Henry on the 2012 NAR Code of Ethics. Main Guest
Speaker from PRB-RES Board was Hon. Ramon CF Cuervo III who gave views and updates on the Philppine
Code of Ethics and Standards.
The forum was exclusively sponsored by Filinvest Land Inc. Photo shows the FLI Team
with CREBA director and vice-president for
global real estate alliances Julius G. Topacio
(standing 3rd from left), IRM membership
committee chairperson Josephine A. Cortez
(5th from left), CREBA-NAR Global Real
Estate Council Chairperson Evangeline A.
Yia, IRM Ma. Lourdes Esperanza C. Gaw,
PRB-RES Board Member Hon. Ramon CF.
Cuervo III and Ms.Shonee M. A. Henry.
CREBA national president Charlie A. V. Gorayeb,
founder of IRM in the Philippines, addresses the
participants during the opening of the IRM Forum.
CREBA Greening Initiatives
(Clockwise from left)
CREBA EVP Noel M. Carino (left)
leads the ceremonial kick-off of the
tri-partite tree-planting activity in
Puerto Princesa graced by the presence
of Palawan Governor Hon. Abraham
Kahlil B. Mitra (right).
CREBA vice-president for environment Atty. Ernesto C. Perez during the
tree-planting activity launch.
Delegates from CREBA National,
CREBA Palawan Chapter, PCSD PALTREE, and the Palawan Provincial
CREBA Pangasinan likewise initiated
the planting of trees last June 23, 2012
at Greenville North, Brgy. Anonas, Urdaneta City, Pangasinan. (L-R) Engr.
Leo Sy, Phil B. Delfino, Rema Delfino,
Chapter Chairman Engr. Victor G. Sison, Chapter President Archt. Rolando
Sabado, Julie Sabado, Jigs Agsalud &
Jimmy De Dios.
CREBA Baguio-Benguet
Chapter holds
29th induction rites
CREBA Baguio-Benguet Chapter held its 29th Annual Induction
Ceremonies last May 26, 2012 at the Citylight Hotel, Gen. Luna
Road, Baguio City.
The new set of chapter officers and board of directors were sworn
into office by Charlie A.V. Gorayeb, CREBA national president.
Engr. Edwin M. Zamora was re-elected to head the Chapter as president.
Also inducted were Engr. Tom Panis, chairman of the board; Lorenzo Aguilar, executive vice-president; Feliza Ronquillo, vice president for external affairs; Juanita Bunuan, vice president for internal
affairs; Aurora S. Salda, secretary; Lorenza Haber, treasurer; Orlando
Dela Cruz, auditor; Socorro Garcia, PRO; Jane Cosalan and Josie
Pablo, directors.
Engr. Edwin M. Zamora,
re-elected chapter president,
delivers his acceptance speech
before guests and delegates
from the other chapters in the
north.
The newly-inducted officers and directors of CREBA
Baguio-Benguet Chapter with the national delegation led
by President Gorayeb, with (seated L-R) Vitus P. Cruz,
CREBA vice-president for external affairs and Techie P.
Bautista, vice-president for chapter affairs.
CREBA Negros Occ. Chapter officers to take oath July 13
The CREBA Negros Occidental Chapter which covers the City of
Bacolod and other key growth cities in the province will hold its 14th
Induction and Turnover ceremony on July 13, 2012, Saturday at the
East View Hotel in Bacolod City. Leading the inductees is Steven
Brian L. Jison, chapter president.
Other officers and board members to be inducted are John Marie S.
Lizares, vice president for landowners and developers; Alan L. Ang,
vice president for suppliers; Grant Kelly H. Guerrero, vice president
for technical people and other professionals; Reggie P. Aguilar, vice
president for real estate brokers; Lorenzo U. Kilayko, corporate secretary; Jerry G. Fuentebella, treasurer; Dennis G. Jalbuena, auditor;
Eduardo E. Suatengco, protocol officer; with Eduardo M. Alunan,
Roy M. Hojilla, Trino S. Montinola III, Ramon M. Ascalon, and Joenard B. Arimas as directors. Haris N. Nandwani is the chapter’s immediate past president.
CREBA Negros
Occidental
Chapter
incoming
president Steven
Brian L. Jison,
with outgoing
president Haris
Nandwani.
The incoming Officers & Board of Directors of
CREBA Negros who will the serve the Chapter from 2012 to 2014.
12
APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
Laguna Chapter holds 1st Teambuilding and Fun Run
CREBA Laguna Chapter held its first teambuilding activity and fun
run from May 19-20, 2012 at the Development Academy of the Philippines (DAP) Tagaytay City with the theme, “It’s More Fun with
CREBA.”
The 2-day activity opened with an interactive lecture on teambuilding, leadership and organizational development and culminated with
a fellowship night capped with a “Talentadong Pinoy” Contest in
during dinner.
The fun run, designed as a run-for-a-cause, opened in the early morning of May 20, 2012 which was followed by various activities that all
participants as well as their guests and families enjoyed.
According to Atty. Rudy R. Castillo, chapter chairman and Edilberto
B. Tamis, chapter president, the events were designed to foster camaraderie among the chapter members and officers, and at the same
time strengthen and invigorate their “CREBA spirit” as they pursue
forward-looking initiatives that will push the local organization to
greater heights in the future.
CREBA national president Charlie A. V. Gorayeb, and vice-president
for chapter affairs Techie P. Bautista graced the occasion with their
presence.
Pangasinan Chapter marks 10th year
CREBA Pangasinan Chapter marked its tenth year anniversary at ceremonies which coincided with the oath taking of its newly-elected
officers and directors held last May 26, 2012 at the Ambassador Restaurant, Urdaneta City. During the same occasion, the chapter leadership launched its official theme for the year: “ECO-FRIENDLY
HOUSING FOR HEALTHY LIVING.”
Rema Delfino and Denver Claveria, business managers; and Marilyn
L. Untalan, Leo Sy and Phil B. Delfino, board members.
The Chapter is currently headed by Archt. Rolando D. Sabado, chapter president and Engr. Victor G. Sison, chairman of the board.
CREBA national president Charlie A. V. Gorayeb administered the
oath of office of the new chapter leaders while vice-president for
chapter affairs Techie P. Bautista provided updates on on-going
CREBA initiatives at the national level.
Others inducted are Ruby Manaday, executive vice-president; Jimmy
De Dios, vice-president for internal affairs; Jigs Agsalud, vice-president for external affairs; Juliet Fernandez, treasurer; Eduardo C.
Pagador, corporate secretary; Susan Calderon, assistant secretary;
Aurora Galamgam, public relations officer; Dennis Bugarin , auditor;
The Official Publication of CREBA, INC. | APRIL - JUNE 2012
13
Confident Philippine property market spurs
real estate competition
policy interest rates at four per cent in midApril.
Property developer CBRE said that a growing expat population was helping to fuel increased demand for luxury residential condominiums, adding that this factor, along
with a growing need for hospitality accommodation, was creating a “mini-boom” in
the local market.
According to the Inquirer, confidence in
the Philippine market, fueled by economic
growth, an infix of expatriate workers, and
rising investment by overseas Filipino workers (OFWs), is creating competition between
the country’s major real estate players.
Ayala Land has already announced investment plans for 67 new projects, in what the
firm described as an “unprecedented” expansion into new market segments and new
locations.
SM Group revealed it will soon finalise plans
to purchase a controlling stake in property
developer Ortigas Holdings.
According to local media Ortigas’ properties include “some of the country’s best residential, business, and commercial developments.”
Following two successive rate cuts the Philippines’ central bank decided to keep key
“A luxury condominium is one of the top
choices. If it is bought for investment purposes, the chance of you being able to lease
it out at a very good rate is high,” said Jose
Luis Matti, the executive director of CBRE
Philippines Asset Services.
The country’s OFWs have also been another
rising source of property investment, with
salaries earned abroad increasingly being
used to buy properties ranging from lowpriced condominium units to upscale spaces.
“If you were to look at the wish lists of
OFWs, owning their own house, whether it’s
a house or a condo, is always up there, alongside being able to give their children a good
education,” said Nita Claravall, the head of
marketing at SM Development.
In April the Social Security System (SSS)
cut interest rates and raised the maximum
amount of its housing loans to help members gain wider access to homes at afford-
able terms. The revised guidelines aim to
align SSS housing loan programs to current
industry practices, said senior SSS officials.
The CBRE expects a total of 105,722 units
to be completed in 2012, and at least 14,112
residential condominium units will likely enter the market. The firm announced in January that due in part to developers’ confidence
in the residential market, particularly in the
mid-income segment, the condominium
sector posted a 29 per cent increase in units
completed in 2011, to total 57,979 units.
Ayala Land said it plans to develop 50 residential projects and three new large-scale retail spaces, which will add more than 140,000
square metres in leasable area.
“We are moving to a period of record expansion,” said Fernando Zobel de Ayala, the
chairman of Ayala Land.
The Professional Regulation Commission
(PRC) added 7,000 new individuals to a list
of professionals or brokers in March.
The PRC also plans to establish and accredited and integrated professional organization
in partnership with the property sector. It is
also working with the Commission on Higher Education (CHEd) on a curriculum that
will appropriately address the qualifications
of a real estate professional.
by: Property Report
INVITATIONAL BOWLING TOURNAMENT 2012
Date
: Aug. 10 to Sept. 28, 2012 (Friday)
Venue
: E-Lanes, Greenhills, San Juan, Metro Manila
Assembly Time: 6:00 pm
Roll-Off Time : 6:00-8:00 pm
Playing Dates: August 10 (Opening Day);
August 17, 24, 31 & Sept. 7, 14, 21 & 28, 2012
Attire: Bowling Uniform
Fee
: P20,000.00/team (inclusive of snack on
opening & closing ceremonies, lane fees,
trophies & special awards)
14
APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
P5.5-B For Resettlement Housing Released
The government will spend P5.5 billion to
build new houses for informal settlers and
those living in high-risk or calamity-stricken
areas, a Palace official announced yesterday.
Deputy Presidential Spokeswoman Abigail
Valte said the Department of Budget and
Management (DBM) has released the funds
to the National Housing Authority (NHA)
for the resettlement program.
From the P5.5 billion, around P4.16 billion
will finance the NHA-administered rehousing activities, such as the relocation of families living in high-risk areas in Metro Manila,
Rizal, Laguna, Bulacan, and Pampanga. The
resettlement fund will also cover families affected by calamities and government infrastructure projects.
country.
“If you remember we made a mapping of
informal settlers in danger zones and the
President Aquino said they should be prioritized because they live in high-risk areas
especially since the rainy season has started,”
Valte said over government radio.
“If we were to merely relocate these communities without accounting for their basic
needs, we would be doing the affected families a great disservice. The NHA will see to
it that informal settlers will be resettled in
homes they can call their own, with schools
and community facilities well within reach,”
Abad said.
Valte said the resettlement program will
involve the distribution of 12,227 house
and lot packages, 10,188 housing units, and
16,527 lots to beneficiary families across the
Apart from the housing units, Budget Secretary Florencio Abad said the government
will also provide community facilities such
as schools, health centers, livelihood centers,
and police outposts in the new resettlement
site.
By Genalyn D. Kabiling
Source : Manila Bulletin, June 4, 2012
World Bank to help Phl meet housing targets
“I am glad to announce that the World Bank
has acted positively on our requests and that
steps will be taken to see to their immediate
implementation,” Binay added.
MANILA, Philippines – The World Bank
(WB) is extending aid to the Philippine government to meet its target to eradicate the
country’s housing backlog, Vice President
Jejomar Binay said.
Fresh from his nine-day trip to Kuala, Lumpur, Malaysia and the US, Binay said the WB
agreed to provide technical and financial
assistance to the Philippine government to
achieve its goal for sustainable housing for
homeless Filipinos.
“I encouraged the World Bank to consider
extending both technical and financial assistance to thePhilippines, namely in the implementation of our program to build sustainable housing communities,” Binay said.
After his speaking engagement in Malaysia, Binay went to the US and attended the
5th Global Housing Finance Conference in
Washington DC and met with WB executive
director Rogerio Studart.
Binay sought the World Bank’s assistance in
building housing communities in New Bilibid Prison inMuntinlupa, North Triangle in
Quezon City, San Miguel New Town, and
Welfareville in Mandaluyong.
“We also sought technical assistance in reforming our loan program for the homeless poor, and the formulation of a policy
to encourage rural banks to open a special
window on housing and micro finance,” Binay said.
Earlier, Binay secured the interest of the
Malaysian business community into exploring more investment opportunities in the
Philippines, specifically in agriculture and
agribusiness, housing, finance, tourism and
infrastructure.
Binay, chairman of the Philippines’ Housing and Urban DevelopmentCoordinating
Council (HUDCC), also invited Malaysian
businessmen to invest in housing development and mass housing projects that would
help government build 3.6 million units in
the next few years.
“This is one business opportunity where the
rewards are high, not necessarily in terms of
financial returns alone but above all in terms
of the physical satisfaction of having helped
provide homes for millions and transformed
the landscape across the nation,” Binay said.
Binay was in Malaysia from May 27 to 29 as
head of an official delegation that included
35 business leaders.
His visit was the first high-level visit to Malaysia in five years.
“The Malaysian business community, to use
their own words, is very excited about the
Philippines,” Binay said.
By Jose Rodel Clapano, The Philippine Star
The Official Publication of CREBA, INC. | APRIL - JUNE 2012
15
NEW MEMBERS
SJ REALTY AND DEVT. CORPORATION
U701-A City Tower Condominium 810 N. Domingo St.
Aurora Blvd. Kaunlaran, Quezon City
Ms. Sandra Joy Palma, President
Tel No : (02) 218-8953 / Email : sndrplm@yahoo.com
MENDALLA REALTY
Mr. Edwin Allanigue
8272 Fortunato Bldg. 1, Dr. A. Santos Ave., cor. Vitales Cmpd.
Paranaque City
Tel. (02) 826-3843 / Fax (02) 826-6483
MONTEVIL TRADING CORPORATION
1995 Singalong St. Malate, Manila
Ms. Rufina Gelston, Corporate Secretary
Tel. No : (02) 536-4786 / E-Mail : monte_vil@yahoo.com
Sponsoring Member : Ms. Ma. Teresita B. Canlas
PIEDRAS NIEGRAS CONSTRUCTION
Mr. Francisco P. Maristela
Tel No : 928 4445
Email Add : franciscopmaristela@piedrasniegrasconstruction.com
Sponsoring Member : Mr. Noel M. Cariño
INTERVEST PROJECTS, INC.
5F DAO 1 Bldg. 189 Salcedo St. Legaspi Village, Makati City
Ms. Ma. Teresa De Guzman, OIC/Sr. Vice Pres.
Mr. Marc Christopher Mechanova, Sr. Manager
Tel No : (02) 867-2519 / Fax No. : 867-2520
Email : interves@intervest.com.ph
Sponsoring Member : Mr. Julius G. Topacio
KEYLAND CORPORATION
18th Flr. Security Bank Centre, 6776 Ayala Ave., Makati City
Mr. Dennis L. Ignacio, President
Tel No : (02) 856-4143 / Fax No : (02) 856-7403
Email : info@keyland.com.ph
CASA DEL TERRA REALTY, INC.
511 De Ocampo St. Indang, Cavite
Atty. Ernesto C Perez, President
Dr. Emmanuel C. Perez, Chairman of the Board
Sponsoring Member : Atty. Ernesto C. Perez
BALCE-ANGELES CONSULTANCY
2/F ATC Center, 148 Katipunan,
St. Ignatius, Quezon City
Ms. Lucille Angeles, General Manager
Mr. Anthony Angeles, Administrator & Business Devt.
Tel No : (02) 913-6085 / E-Mail : balce_angeles@yahoo.com
Sponsoring Member : Prof. Roque A. Magno
MS. WENNIE BICO
D’ Mariners Inn Hotel Kumintang Ibaba, Batangas City
Mobile No : 0920-9095509
Tel No : (043) 723-8272 / E-Mail : wengbico@yahoo.com
GMM CONST. & BUILDERS CORPORATION
106 Narra Bldg.Hampstead Garden, V. Mapa Extn.,
Sta. Measa, Manila
Mr. Abdulgani Matua Macatoman, President / CEO
Tel No : (02) 624-7916 / E-Mail : ganizoe@yahoo.com
Sponsoring Member : Ms. Rosemarie C. Basa
J.P. ORLEANS REALTY & DEVT. CORPORATION
P. Gomez St., Roxas City, Capiz
Ms. Hannah Rosario O. Arcenas, President
Tel No : (036) 621-5284 / Fax No : (036) 6211838
Email : harcenas@yahoo.com
Sponsoring Member : Mr. Florentino S. Dulalia, Jr.
WORTH PROPERTIES, INC.
1403 Galleria Corp. Center Edsa cor. Ortigas Ave., Quezon City
Mr. Antero P. Bandiola, Liason Officer
Tel No : (02) 365-2157 / Email : esacocpa@yahoo.com
UNITED PHILBROKERS, INC.
G / A Tower 1, right wing #83 Boni,
EDSA, Mandaluyong City
Ms. Mariza L. Mendez, Chief Executive Officer
Tel No : (02) 730-3052 / Email : inquiry@unitedphilbrokers.com
AGUILLARI REALTY
Unit 27, 3rd Flr. Cedar Executive Bldg. 1,
Arnaiz Ave. (Pasay Road), Makati City
Ms. Ruthwin Mallari Trinidad
Ms. Arlene Aguisanda
Tel (632) 804-2184 / Email: ruthwin.trinidad@gmail.com
Sponsoring Member : Prof. Roque A. Magno
MS. IDELYN D. RONDA
JP Laurel Ave. Davao City
Broker
Mobile No : 0922 8354395 / E-Mail : idyl_daria@yahoo.com
TRILLASUN REALTY & DEVT. CORPORATION
M.H Del Pilar, Cuta Central, Batangas City
Ms. Judex Fernando-Acosta, Managing Director
Tel No : (043) 722 0579 / Fax No : (043) 722 0610
E-Mail : tgbcrealty@yahoo.com
Sponsoring Member : Mr. Charlie A.V. Gorayeb
MR. FEDERICO ROYO
22 Sacred St. Horseshoeville, Quezon City
Mobile No : 0917-7622746
E-Mail : federicorobertroyo@yahoo.com
16
APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
For sponsorship
& advertisements
in the Quarterly
CREBA Chronicle,
call +632 373-2270 to 75 or
email creba_national@yahoo.com
www.creba.ph
New Tax Guideline on “involuntary” sale of properties
The Bureau of Internal Revenue (BIR) has
come out with a new guideline on the payment of taxes in case of auction or involuntary sales of real estate properties, it was
learned yesterday.
Under Revenue Regulations No. 9-2012, the
capital gains tax (CGT), creditable withholding tax (CWT) and documentary stamp
tax (DST) shall be paid by the winning bidder. The tax shall be based on the bid price,
the fair market value, or the zonal valuation
whichever is higher.
“If the property sold through involuntary
sale is under the circumstance which warrants the imposition of the value-added tax,
the said tax must be paid by the VAT regis-
tered owner or mortgagor one month after
the right of redemption expires,” the regula
tion said.
It was signed by Finance Secretary Cesar
Purisima on the recommendation of BIR
Commissioner Kim S. Jacinto-Henares last
May 31.
By JUN RAMIREZ
(http://www.mb.com.ph)
Tax bureau clarifies liability of consortia,
joint ventures on construction projects
able to get away with not paying taxes),” she
added.
COMPETITIVENESS BOOST
RR 10-2012 covers joint ventures or consortiums that are formed to undertake construction projects or engage in petroleum,
coal, geothermal and other energy operations under an agreement or contract with
the government.
THE BUREAU of Internal Revenue
(BIR) has clarified rules for tax exemption of joint ventures or consortia formed
to undertake construction or energy projects with the government.
Revenue Regulations No. 10-2012 was issued to clarify that joint ventures formed
for other purposes are not exempt from
taxes.
“This is to further clarify the rules in the tax
code and put it in its correct phrase,” BIR
Commissioner Kim S. Jacinto-Henares said,
referring to Republic Act No. 8424 or the
Tax Reform Act of 1997.
“We’re just making sure that the rules are
being followed. Marami kasing nakakalusot
(many consortiums and joint ventures are
Such are not taxable as corporations, RR 102012 read, in order to help these local contractors compete with foreign counterparts
in undertaking big projects for the government.
In terms of construction, covered joint
ventures and consortiums refer to those:
formed for undertaking construction projects, involving pooling of resources by licensed local contractors also engaged in
construction business, and licensed by the
Philippine Contractors Accreditation Board
(PCAB) of the Trade department.
INDIVIDUALS TAXABLE
At the same time, however, the revenue
regulation stressed that “members of a
Joint Venture not taxable as corporation
shall each be responsible for reporting and
paying appropriate income taxes on their respective share to the joint ventures profit.”
It was noted in the regulation that joint ventures involving foreign contractors may also
be treated as non-taxable corporations as
long as foreign parties involved are covered
by a special license as contractor from the
PCAB.
“Absent any one of the aforesaid requirements, the joint venture or consortium
formed for the purpose of undertaking
construction projects shall be considered as
taxable corporations,” the regulation read.
Moreover, the joint venture or consortium
does not refer to suppliers of goods, services or capital to a construction project.
RR 10-2012, which takes effect 15 days after
publication, also stressed that licensed local
contractors are required to enroll with the
BIR’s Electronic Filing and Payment System.
The BIR, which is responsible for about
70% of state revenues, collected some
P345.065 billion as of April. The tax agency is tasked to collect about P1.066 trillion
this year.
In order to hit its collection target, the bureau has been clarifying tax rules and cracking down regularly on evaders. -- by: K. A.
Martin, http://www.bworldonline.com
CYMC 2012 Officers take oath
The newly-elected Board of Directors and
Officers of the CREBA Young Members’
Council (CYMC) took their oath of office
before CREBA National President Charlie A.
V. Gorayeb on the occasion of the Chamber’s
5th Monthly Business Meeting held last April
26, 2012 in Makati City.
The CYMC is the association of secondgeneration CREBAns. It serves as a venue
where young professionals can network, find
business matches, learn, develop, contribute,
serve and fulfil their fullest potential as future
entrepreneurs and leaders of the Philippine
real estate industry and the country.
Leading the inductees were Engr. Jefferson S.
Bongat, chairman of the board and Jan Paul
Santos, president.
Also inducted were Bernard V. Umali, executive vice-president; Conirose L. Dulalia, trea-
surer; Atty. Walter Magnum Dela Cruz, secretary-general; David Q. Layosa, auditor; Julian
M. Dayrit, public relations officer; Regiely
Ann Tan, vice-president for internal affairs;
Mark Anthony G. Carpio, vice-president for
external affairs; with Archt. Kathleen Klein
L. Ong and Philip Enrique Lim as directors.
To apply for membership, interested parties
may call 373-2270 to 75 or send an e-mail to
creba_national@yahoo.com.
Real Estate Planning and Dev’t.
at CREBA, La Salle Course
The Chamber of Real Estate & Builders’
Associations Inc. (CREBA) in consortium
with the De La Salle College of Saint Benilde
School of Professional and Continuing Education (DLS-CSB SPACE) opens the fifth of
its six regular certificate courses under the
Diploma Program in Real Estate Management entitled, “Real Estate Planning and Development”.
Classes will be held at the ninth floor of the
DLS-CSB Angelo King International Center
Estrada corner Arellano Streets, Malate Manila from 1:00 to 7:30 PM for six consecutive
Saturdays beginning July 7 up to August 11,
2012.
This was announced by CREBA National
President Charlie A. V. Gorayeb and Professor Roque A. Magno, vice-president for aca-
18
demic affairs. Demetrio L. Posadas is course
director.
The course covers: (1) Pre-Development
Criteria for Real Estate Projects, (2) Types
of Property Development, (3) Subdivision
& Condominium Development Standards
under BP220 and PD957, (4) Administration
& Control of Construction, (5) Technical
Aspect of the Construction Process, Commercial & Industrial Estates, (6) Residential
& Townhouse Subdivisions (7) High-Rise &
Medium-Rise Condominiums, (8) Tourism
& Retirement Facilities, (9) Farm and Leisure Estates, (10) Columbarium & Memorial
Parks, and (11) Green Technology and Sustainable Development Approaches.
The Diploma Program in Real Estate Management covers six modules which highlight
APRIL - JUNE 2012 | The Official Publication of CREBA, INC.
real estate marketing, laws, regulations and
taxation, appraisal, property management,
construction, planning and design, actual
development, investments, and financing.
Participants are awarded certificates for each
module attended, while a Diploma in Real
Estate Management will be earned by successfully completing all six courses.
Course fee is Php 14,900 for CREBA Members and government personnel, and Php
15,900 for all others. The fee includes course
materials, snacks and certificate.
Discounts are available for CREBA members,
government personnel, and DLSU alumni.
Interested parties may call 400-7405 and 4005425 (CSB) or 373-2273 to 75 (CREBA), or
send and email to creba_national@yahoo.
com or space@dls-csb.edu.ph.
IFCA Software provides a complete solution for
property developers to best manage their project
development from the initial phases until key
collection and beyond. It has complete built-in
functionalities to ensure proper recording of each
sale and its subsequent billing and
administration.
The software is saliently focused on its scope of
capabilities. It supports multi-company, multiprojects and multi property types with full
integration to financial capabilities. It tracks and
measures the effectiveness of sales campaigns
and sales staff performances.
Today, tenants are demanding fast and prompt
services. There is a need to effectively and
efficiently manage property in order to attract
and retain tenants. This ability will determine
whether a company remains competitive or be
overtaken by competitors.
IFCA Software Property Management has
complete functionalities to manage shopping
malls, apartments, condominiums, office suites,
service apartments, gated communities and
many more management corporation related
businesses.
IFCA Software is an Integrated Business Solutions for the Property Development and Property
Management which engages in building and construction, selling and leasing real estate:
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Project Management with Project Accounting
Property Sales
Property and Tenancy Management
Contract Management
Enterprise Financial Management
Hotel and Resort Management
IFCA Software helps you to improve operational effectiveness and efficiency, improve customer
satisfaction, improve decision making capabilities and reduce project completion time and costs.
PUSH TECHNOLOGIES INT’L. INC.
We have delivered enterprise software and
Tel: +632 570 7948
services to over 6000 customers globally.
Fax: +632 5709485
Email : sales@pushtech.net
www.pushtech.net
Now is the time to profit from the privileges you enjoy
as an International Member of the National Association
of REALTORS® (NAR) in the United States.
The NAR will hold its annual REALTORS® Conference and
Expo from 9 to 12 November 2012 in Orlando Florida.
The new Conference & Expo website is live! Visit www.
REALTOR.org/Conference to register for the event and
to obtain conference details, including information on programming, special events, the expo and more. Please keep
checking this site, as new information will be added.
This annual event regularly attracts some 20,000 real estate professionals including at least 1,500 from outside the
USA. It is a unique opportunity for you to meet fellow REALTORS®, build your professional network, choose from
a hundred educational sessions and conferences and discover the products and services offered by several hundred
exhibitors. All these events are included in the registration
fee:
• The International Welcome Reception on November 8th
• Global Day November 9th, including conferences with
interpretation into several languages
• The REALTORS® Night Out at Universal Islands of
Adventure® November 9th
• The Celebrity Concert on November 11th starring Glenn
Frey and Joe Walsh, formerly of The Eagles
As an International REALTOR® Member you enjoy a
discount of US$100 on the registration fee.
Remember: when you meet a U.S. REALTOR® you can
say I’m a REALTOR® - just like you! You belong to a highly respected group of professionals who share a common
code of ethics, who share listings and refer clients with the
expectation of financial compensation. Don’t neglect this
privilege! Check your IRM card or certificate for the expiration date.
To make the most of networking opportunities in Orlando,
arrive two days early and take the new CIPS Course. The
Business of US Real Estate in Orlando on 7 November. Get
a full day’s training for US$125 and learn how a U.S. REALTOR® conducts business. With this knowledge fresh in
your mind, you’ll be able to network even more effectively at
the Conference and Expo. Use this link to view the course
profile and register.
The CREBA CHRONICLE is the official publication of the Chamber of Real Estate & Builders’ Associations Inc.
• 3rd Floor CREBA Center, Don Alejandro Roces Avenue corner South A Street, Quezon City 1103
• Phone (+632) 373-2270 to 75 • Fax (+632) 373-2271
• email: creba_national@yahoo.com • URL: www.creba.ph