Majestic Legacy Plans five real estate projects for Cebu

Local Developer Majestic Legacy Development Corporation (MLDC) is going to introduce at least five residential and commercial projects in Cebu in the next five years.

With the introduction of its flagship project, P200 million worth LOT 8 condominiums located in Mabolo this City, the company is at the same time preparing to launch the first commercial seaside development on Camotes Island.

In an interview with MLDC president and chief executive officer (CEO) Mario Lua, he said that the company has several existing land bank that are up for development in the next few years, but it has to prioritize the completion of LOT 8 Condominium which offers a total of 231 middle to high end units.

MLDC has existing properties in Camotes, Talisay and Mactan. At present though, the company is also scouting for good properties within the province for more residential and commercial development projects.

The eight-hectare sea-side property located in the town of San Francisco, Camotes Island, will be the next big project the company will undertake, providing a way for the Camotes to grab its opportunity as the “new iconic” product of Cebu, earlier proclaimed by the Department of Tourism (DOT-7).

Lua said the company has a special arrangement with the Local Government Unit (LGU) is San Francisco in availing of the Special-Use Agreement on Protected Area (SAPA), in order to officially start the development.

At present, the Island is classified as non-alienable, which means that non-residents of the Island cannot put structures or business, to complement within the Island, as the company plans to open up commercial spaces for investors, such as restaurants, boutiques, accommodation facilities, and also residential-condo units.

According to Lua, there are a lot of opportunities the Island is offering, and that the company is committed to start off the development soon.

Lua, who also owns the Jomalia Shipping Lines, has started offering RoRo (Roll-On/Roll-Off) transport service from Cebu (Danao City) to the Island.

In fact, the company had invested in establishing a modern terminal to accommodate the growing passengers going to the Island.

With potential to become the next “Boracay” in Cebu, Lua said he has a lot of plans for the Island.

“In the past, nobody wants to go there because of transportation inaccessibility. Now, the number of visitors is growing,” Lua said.

Aside from the seaside property, the company also owns mountainside property on the island, of which future development is also being considered.

Camotes Island located northeast of Cebu, was chosen by the DoT in Central Visayas years back, as the “new iconic product” in the region as it boasts of a fresh water lake, white sand beaches, caves, among others.

Meanwhile, MLDC is still focusing attention to its flagship project, the LOT 8, which is scheduled to compete in the fourth quarter of 2012.

In October last year, the company started its pre-selling activities, and that about 50 percent of its units are reserved from both local and foreign buyers.

majesticlegacy.com

Monterrazas

As a welcome treat to all its future residents, GENVI Development Corporation hosted an afternoon picnic on November 20 as it unveiled Monterrazas de Cebu's welcome marker, gate and guardhouse.

As the adults enjoyed the company, food and music, the children were treated to an afternoon of surprises!  A clown, magician and balloon twister entertained the children while the adults looked on enjoying the magnificent view of Cebu from the entrance gates of Monterrazas de Cebu.

Truly a welcome sight to all residents and guests, the Monterrazas de Cebu marker shows a representation of the continuous hills the development rests on.  As if on cue, the natural flora of the mountain serves as the marker's backdrop. 

The guardhouse,a s on enters the property, is masterfullt planned t depict the Genvi logo in a much larger scale. 

True to its vision of environmental sustainability, the grass filled roof of the guardhouse sits under the Genvi logo --- a huge wave taking flight under whose welcoming wings residents and guests enter the community.

Literally translated as "mountain terraces", Monterrazas de Cebu defines luxury like no other.  It boasts of a wide range of amenities insulting a Resort-inspired Clubhouse in every phase, pocket parks and playgrounds, jogging trails and wide open spaces for every active lifestyle.

Monterrazas de Cebu is Cebu City's most prestigious 200-hectare residential development rising majestically in Guadalupe with a commanding  view of Cebu City, the forests of Buhisan and the nearby islands of Mactan and Bohol.

Located 335 meters above sea level, Monterrazas creates an exclusive city, comprising of residential.  Future residents will enjoy first-class amenities such as a multi-purpose court for basketball, volleyball, badminton and jogging trails, a resort-inspired clubhouse, and theme park.

www.monterrazasdecebu.com

ABOUT CEBU ESTATE HUB

Cebu Estate Hub is an online resource of information on Cebu Real Estate and Philippine Real Estate that offers properties for sale. It offers house and lot for sale in Cebu, Cebu city houses, cebu homes, cebu villa, cebu condo, cebu condominium, house for sale Philippines and lot for sale cebu. House and lot in Cebu, Talisay, Minglanilla, Lapu lapu, Mactan, Cordova, Mandaue, Consolacion, Liloan, and other areas. Also offers Condominiums for sale in Cebu, beach lot for sale and memorial lots for sale in Cebu.


Cebuestatehub.com is the first Real Estate tool and portal of Cebu’s Real Estate developers, Licensed Brokers, Real Estate Sales Specialist, Property owners and anyone who wish to practice a real estate career and earn his first millions. We aim to be an online resource and provide the necessary and timely real estate information in Cebu.


Cebu Estate Hub is a hub dedicated to providing instant solutions to the growing requirements of people in the realm of real estate, locally as well as Philippine wide. The real estate market has expanded substantially to cover a wide area of commercial activities that can only be performed by skilled professionals like real estate agents, homebuilders and realtors. Cebu Estate Hub attempts to become a one-stop source for valuable information and useful resources pertaining to all that comprise the entire domain of real estate business in Cebu and Philippines.


We aim at becoming a truly helpful guide in your pursuit of a house for sale, rental property or land anywhere on the Earth. The site offers you a quick insight of the manifold options created by Philippine housing authorities, private developers and construction companies.


We welcome you to our site, CebuEstateHub.com, and invite you to explore its various pages in order to obtain online information on how you can fulfill your different real estate requirements in an easy and instant way. We hope that you will find it interesting and convenient to use the resources provided by this site on various aspects of real estate in Cebu.


We are focused on Client Satisfaction on providing quality personalized services in Cebu Real Estate Industry. The prices in the Cebu Estate Hub website are certain direct from sellers or developers. We do not “Over Price”. We only get a professional fee from the seller or developers and not from your or our client. If in case you want to buy directly from Cebu sellers or Developers, you will still pay the same price as what we are offering but you will not enjoy our personalized, highest ethical, committed, and quality Real Estate Service in Cebu


www.cebuestatehub.com

Dinagyang Promo! Become a Nego Partner

OPMC LAUNCHES NEGOSYO PARTNER

Just recently, Orchard Property Marketing Corporation launched their latest income generating project called “The Negosyo  Partner”.

“This project is truly a unique opportunity for the young entrepreneurs who is hungry for big sustainable income. Our Negosyo Partners will realize a business proposition that is unique in our industry – the real estate industry.”,  said Eduardo Tirona, President of OPMC. “This business is absolutely free. No franchise fees or whatsoever. All it needs is your time and effort – just like any other business.”, added  Tirona. Orchard Property is the exclusive marketing network of Sta. Lucia Realty & Development, Inc. – the biggest subdivision developer in the Philippines. For more than 15 years, OPMC has established itself as the leading marketing arm of SLRDI and is marketing quality real estate projects nationwide. 

For more details about being a Negosyo Partner, please call Davie Mateo at (02) 638-4268 local 122 or (0922) 896-5102.16 on 16 Anniversary Promo

P 16,000.00 bonus cash will be given to all buyers who will book lots at 20% Outright Down Payment with 16% discount on the DP (16% ON 20%) Here's a sample computation: P 700,000 (total contract price)P 140,000 (20% Down Payment)P 22,400.00 (16% discount on DP)P 16,000.00 (Cash Bonus)

* For check payments, 3 days clearing is required prior to releasing the bonus cash.

* For Sta. Lucia lots only.

Here is the list of participating projects:

OPMC and Go negosyo shares the passion for entrepreneurship

“We believe that having an entrepreneurial mindset can help each Filipino live their dreams”, says Eduardo U. Tirona, President of Orchard Property Marketing Corporation (OPMC), the exclusive marketing network of Sta. Lucia Realty & Development, Inc., the builder of quality residential subdivisions nationwide. Seen below are Ed Tirona and Joey Concepcion doing the ceremonial handshake after signing the Memorandum  of  Agreement.  Also on the photo are Irma Topacio, OPMC’s VP for Finance & Admin (at left) and Mon Lopez, Executive Director for Gonegosyo (at right)  Being a Negosyo Partner will provide you with income that really doesn’t require too much effort.  Just like getting a franchise of your own, location is still of prime importance, but this time without the franchise fee.

"BUWAN NI JUAN" PROMO EXTENDED!

For more information about the “Buwan ni Juan” promo, please contact Orchard Property Marketing Corporation Head Office (02) 635-4946 or our branch offices at SM Fairview (02-3556305), SM Sta. Rosa (049-9001270), SM Lucena (042-3737846), SM Dasmariñas  (046-4818811), Bulacan  Branch Office (044-6751476),Bacolod Branch Office (034-4440392), Iloilo Branch Office (033-3332146), Cebu Branch Office (032-2312930), SM Cebu (032-5054825), Davao Branch Office (082-2219444) and General Santos Branch Office (083-5538434).

Celebrating “Buwan ni Juan” As the country celebrates Labor Day, Sta. Lucia Realty & Development, Inc. through its exclusive marketing arm Orchard Property Marketing Corporation, launches their nationwide sales promo entitled : “Buwan ni Juan”!

“We would like to join the country by treating our Filipino workers here and abroad with special discounts on Sta. Lucia Realty properties located at prime areas in Luzon, Visayas  and Mindanao.” , says  Liezel Tuason-Magpoc, VP-Sales & Marketing of Orchard Property. “We give special discounts on down payments and balances payable in long terms with very minimal interest rates, the first year of this term will even be interest-free.” – added Magpoc.

Aside from the discounts that OPMC and SLRDI are offering, buyers can choose from the model houses of Sta. Lucia and they can get a FREE plan worth P350,000  upon application to construct with Sta. Lucia. These house plans, ranging from a Bungalow 36sqm. To  a 123sqm. Two -storey house – depending on the project and its location, include the architectural, structural, electrical, plumbing and the house’s specifications. “We always honor the sacrifices of the Filipino worker and providing a better future for his family is our utmost priority.”,  says Eduardo U. Tirona, President of Orchard Property Marketing Corporation. “With Sta. Lucia and Orchard Property, our buyers get their money’s worth and are  sure that they will always be backed up by a developer and marketing arm that’s been in the industry through challenging times.”

opmc.ph

CANMARC Real Estate Investment Trust announces January 2012 distribution

MONTREAL, Jan. 20, 2012 /CNW/ - CANMARC Real Estate Investment Trust ("CANMARC") (TSX: CMQ-UN.TO - News) announced today that a cash distribution of $0.07917 per unit of CANMARC (the "Units") for the month of January, 2012 will be payable on February 15, 2012 to unit holders of record as at January 31, 2012.

Unit holders can participate in CANMARC's distribution reinvestment plan (the "DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Units issued from treasury and will also receive bonus Units equal in value to 3% of their monthly cash distributions. The DRIP offers unit holders the opportunity to steadily increase their ownership in CANMARC without incurring any commissions or brokerage fees. Complete details of the DRIP are available from a unit holder's investment advisor.

About CANMARC Real Estate Investment Trust

CANMARC (www.canmarc.ca) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Quebec. Managed internally, CANMARC owns a portfolio of Canadian income-producing commercial properties, consisting of retail and office properties with certain industrial properties. In total, CANMARC properties comprise approximately 9.1 million square feet of commercial gross leasable area and 464 multi-family residential units located in Quebec, Atlantic Canada, Western Canada and Ontario.

http://ca.finance.yahoo.com

Robinsons Land budgets P13b for capital spending

Robinsons Land Corp., the real estate unit of conglomerate JG Summit Holdings Inc., is spending P13 billion this year to finance land acquisitions and construction of real estate projects. Robinsons Land said in a filing with the Philippine Stock Exchange that it would spend 62 percent of the budget, or about P8 billion, for the construction of shopping malls, office buildings and hotels. The company will allot 38 percent, or P5 billion, for building residential condominiums and horizontal housing units.

“These will be funded through cash from operations and borrowings,” Robinsons Land said. Capital spending in 2012 was slightly lower than P13.9 billion in the previous year. Robinsons Land said net income in fiscal year 2011 that ended September rose 10 percent to P4 billion as gross revenues grew 18 percent to P13.3 billion from P11.3 billion a year ago. The commercial centers division contributed P6.23 billion of the real estate revenues for the year, up 8 percent from P5.7 billion last year. The company attributed the increase to higher rental fees and strong take-up of leased areas in recently renovated malls.

The company had seven new shopping malls in 2011 while three expansion projects are in the planning and development stage for completion in the next two years.

Robinsons Land’s residential division booked P4.5 billion in revenues, up 41 percent a year ago due to an increase in the completion levels of existing projects, such as The Fort Residences, East of Galleria and Woodsville Viverde and higher take-up of realized revenues from new projects such as Trion Tower 1, Sonata 1 and Amisa 1 and 2.

www.manilastandardtoday.com

Settlers told to stop building structures

Settlers were told to stop building illegal structures within a 505-hectare forested area in the hinterland barangays of Tabunan and Taptap in Cebu City.

The cease-and-desist order was issued yesterday by Regional Executive Director Maximo Dichoso of the Department of Environment and Natural Resources in Central Visayas (DENR-7).

He met with retired police general Tiburcio ?Tiboy? Fusilero who reported that more claimants were entering the protected watershed to broker the sale of lots, cut trees and build structures.

Fusilero said there were only 12 original claimants in the area when the 505-hectare site was declared a protected area in the 1990s.

But today, more than 25 claimants inhabit the area based on a 2009-2010 survey conducted by the Cebu City government. Unregulated activities in the area like tree cutting pose harm to the forest?s biodiversity and the watershed as a source of water supply.

The 505 hectares was placed under Fusilero?s stewardship by the DENR in 2002 as part of the Adopt a Mountain program. While his group?s intensive tree planting activities have regreened the area, Fusilero has also clashed with settlers and farmer activist groups, who accuse him of depriving them of their livelihood.

The area is part of the Central Cebu Protected Landscape (CCPL) under the supervision of the DENR.

Although the land is not open to private sale and cannot be titled, the uplands continue to be the subject of real estate speculation and illegal sale of ?rights? based on tax declarations.

Dichoso tasked Fusilero?s personnel and the DENR Forest Resources Development Division to distribute copes of the cease-and-desist order.

Dichoso also suggested a dialogue ?as soon as possible? with the claimants and property brokers to check their documentary proofs of ownership.

?If it would be proven that their structures are illegal, the property will be demolished and they will be penalized,? said the DENR officials.

Fusilero said he reported the illegal sale of lots by claimants to the DENR-7 before but no action was taken on it.

?With the cease-and-desist order, the ?squatters? would lessen,? Fusilero said.

A special task force is also being planned for the CCPL, independent from the Protected Area Superintendent?s Office (PASO). The task force will conduct regular monitoring on the protected area.

The CCPL established in Republic Act No. 9486 covers five watersheds: Buhisan, Mananga, Kotkot-Lusaran, Sudlon National Park, and the Central Cebu National Park.

These watersheds are located in the cities of Cebu, Talisay, Toledo and Danao and in the towns of Minglanilla, Consolacion, Liloan, Compostela and Balamban in Cebu province. Any purchase, mortgage and lease of any portion of the CCPL is prohibited.

globalnation.inquirer.net