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Day: November 1, 2021

Allowing Foreigners to Own Philippine Land

Article XII, Section 1 of the 1987 Philippine Constitution on national economy and patrimony states that, “The State shall promote industrialization and full employment based on sound agricultural development and agrarian reform, through industries that make full of efficient use of human and natural resources, and which are competitive in both domestic and foreign markets. …

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Speech delivered at the 2011 NAR Realtors® Conference & Expo in Anaheim, California, Nov. 11, 2011

Good Morning! CREBA, an organization of diversified real estate stakeholders, Industry players and professionals duty-bound and committed to continuously promote and adhere to its advocacies for the betterment of the real estate industry, in particular, and our nation, in general. As the umbrella organization, CREBA is responsible for crafting various policies on real estate industry …

Speech delivered at the 2011 NAR Realtors® Conference & Expo in Anaheim, California, Nov. 11, 2011 Read More »

Socialized Condos in Urban Areas

The Housing and Land Use Regulatory Board (HLURB) is one of several agencies of government undertaking a revisiting of its policy through the reform of the implementing guidelines governing the modes of compliance to Section 18 of R.A. 7279 or the Urban Development Housing Act (UDHA). We, in the Chamber of Real Estate & Builders’ …

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Property Industry Wish List

There is wide industry consensus that housing, along with tourism, constitutes a powerful engine of growth for the national economy. Its economic multiplier effect triggers increased business and revenue opportunities for about 68 other related industries. True to its avowed theme, “Tourists Today, Real Estate Investors Tomorrow”, the 20th CREBA National Convention held from October …

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On National Land Use

Among the many bills pending in the Senate which directly impact housing and real estate development are several versions instituting a National Land Use Policy. The Constitution mandates that all sectors and all regions of the country should be given optimum opportunity to develop. Under this mandate is the principle of equitable land access for …

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Energy within our Reach

Earlier this year, our country’s legislators have acknowledged that the Philippines now holds the infamous record of having the highest residential energy rates not only among its closest Asian neighbours but possibly the entire world. The skyrocketing cost of electricity that goes beyond the affordability levels of the average Filipino family is one that we …

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