Filipino REALTORS®: One step ahead of competition

The quest towards raising even higher the bar of excellence for Philippine real estate transactions took a monumental turn with the holding of the Certified International Property Specialist (CIPS) course in Manila for the first time from February 20-24, 2012 with no less than Steven Brown, 2014 President of the National Association of REALTORS® (NAR), […]

NO to requiring BIR Ruling for BOI-registered Housing

To date, developers of mass housing projects continue to suffer the persistent requirement of the BIR to present a ruling issued by its national office for every housing project that is granted exemption from the payment of the Creditable Withholding Tax (CWT).  The ruling is required by the BIR before the issuance of the Certificate […]

Higher VAT-exemption thresholds open new opportunities

Starting January 1 this year, real estate buyers can already enjoy added relief from value-added taxes (VAT) with the passage of BIR Revenue Regulation No. 16-2011, which effectively increases the threshold amounts for VAT-exempt transactions, as follows: (1) From Php1.5 Million to Php1,919,500 for residential lots; and (2) From Php2.5 Million to Php3,199,200 for house […]

Permanent Resettlement for Sendong Victims

Immediately after the massive destruction brought about by the big floods worsened by rampaging logs that accompanied the onslaught of Typhoon Sendong as it hit several cities in Eastern Visayas and Northern Mindanao last December, the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) launched a nationwide fund drive among its members to support […]

Realtors’ Conference: Seize the Day

The Chamber of Real Estate & Builders’ Associations, Inc. led twenty-three International REALTOR® Members (IRMs) from the Philippines in this year’s Annual Conference and Expo of the Chicago-based National Association of Realtors® held at sunny Anaheim, California from November 11-14.  This year’s theme was “Seize the Day”. Indeed, the Conference and Expo helped Realtors® make […]

2011: A Year of Plenty

Two thousand eleven has been a time of plenty and a year of many firsts for the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA). While many countries in the world have seen continuing what could be referred to as eclectic property downturns and various “Occupy” movements battling against so-called “corporate greed” and social […]