Monday, October 29, 2012

Stateland Chooses Quality House Materials


Stateland Chooses Quality House Materials

October 24, 2012, 3:40pm
What makes a perfect house?  One factor is that it will stand the test of time. Property developer Stateland, Inc. adds to that the use of meticulous construction technology and the choice of materials to build the house.
After three decades of being in property development, Stateland builds each house using a meticulous construction methodology. In contrast to pre-fabricated houses, Stateland’s properties are built in a conventional manner, that is, by putting together, one by one, reinforced concrete columns, beams, footings and concrete hollow blocks.
And to further ensure that the house will not only last a lifetime but will also meet the discriminating requirements of buyers, the developer also makes sure it gets materials only from reputable suppliers like Puyat Steel Corporation for its Apo Galfan brand of roofing materials and Apo Floors for its Mimicri line of resilient flooring.
Puyat Steel has been supplying roofing materials to Stateland for more than 10 years. It has made houses stronger and more durable in the developer’s residential projects including its newest and grandest project to date, the Washington Place.
Situated along Aguinaldo Highway in Dasmariñas City, this sprawling 40-hectare prime development has contemporary architecture and many functional amenities.
Puyat Steel Corporation’s Roofing Division Head Pacifico M. Nioko said: “Our roofs contribute to making Stateland houses beautiful and at the same time durable to serve as lifetime investments.”
PSC also supplies roofing materials to the communities of Crescent Hills Village and the Chester Place, all in Dasmariñas, Cavite; the Crystal Place and the Villa San Lorenzo in Imus, Cavite; and the Gran Seville in Cabuyao, Laguna.
Puyat Steel’s Apo Galfan roofing products come with a 10-year warranty, during which time, compromised roofs can be replaced with new ones, although most of the time, this is not necessary.
The developer also tapped Puyat Steel’s sister company, Apo Floors, to supply its flooring requirements. The products have beautiful, durable and easy-to-clean flooring materials to complete houses that families can enjoy for the rest of their lives.
Stateland’s residential projects like the Villa San Lorenzo, Gran Seville, Washington Place, Crystal Place, to name a few, use Apo Floors’ Mimicri Wood, mostly Heather Walnut and Almond Alder resilient flooring varieties which are perfect for both residential and commercial usages.
True to its name, the  Mimicri line has a realistic look of wood, stone that lends itself to any design preference. Reasonably priced, its superior wear layer makes it durable and at the same time low maintenance.

Amisa Develops Ideal Holiday Lifestyle


Amisa Develops Ideal Holiday Lifestyle

Robinsons Luxuria
October 29, 2012, 4:39pm
AMISA PRIVATE RESIDENCES
AMISA PRIVATE RESIDENCES
An address for a perfect holiday – that’s where luscious greenery, fresh air, the sound of the waves, and of course, the calming view of the sea, lulls the residents to slow down and relax.  Robinsons Land has developed that address in Cebu, and has named it AmiSa.
Named after the Sanskrit term for the object of beauty and pleasure, AmiSa is Robinsons Luxuria’s resort-inspired development in Cebu that promises to provide its future homeowners all the ingredients that make up for a perfect holiday living all year round.
This six-hectare residential paradise, located in Punta Engaño, Lapu-Lapu City in Mactan Island, is expected to redefine “leisure living” that will offer the discerning Cebuanos the soothing comfort that communing with nature brings and at the same time, allow them quick access to the city.
Only a few minutes drive from the airport, AmiSa’s lush landscaping, amenities and building management services guarantee the future residents a slice of a paradise that nurtures recreation and relaxation.
Upon completion, the project will feature six high-end residential condominiums that have the alluring views of the beach and Cebu’s coastline as its backdrop.
The development is also set to house a five-star hotel with the finest amenities including pools, sports activity areas, tree-lined walkways, pocket parks, and open spaces that lead to a pristine white sand beach.
Other amenities spread throughout the complex include a clubhouse, indoor gym/ fitness center, swimming pool, children’s pool, videoke room, game room, mini-theater, biking/ jogging paths, multi-purpose court and playground.
These same set of amenities, according to Robinsons Luxuria, are envisioned to bring unit owners closer to nature and encourage them to enjoy a “live-work-heal-play” lifestyle that has become a must in today’s stressful society.
To provide this kind of lifestyle, Robinsons Luxuria has designed an efficient layout of the whole resort-inspired development so that that all units will come with spacious balconies, to open grand views of the sea.
Of course, a sense of security is equally essential in the joys of owning a seaside weekend home. With the safety provided by the project’s gated complex, unit owners can afford to lock up and go.
Personalized building management services provide the assurance that the needs of unit owners and the general upkeep of the facilities are attended to in a professional manner.


When in Cebu City, please visit gregmelep.com for your real estate and retirement needs. 


Maricielo Villas Fits Homeowner’s Requirements



DMCI Homes
October 29, 2012, 4:37pm
MARICIELO VILLAS
MARICIELO VILLAS
Maricielo Villas, the first Spanish-themed mid-rise community in Las Piñas City under the development of DMCI Homes, welcomed the first homeowners of the first two buildings now ready for occupancy, Segovia and Pontevedra.
One of them is 29-year-old Miko Misa, who bought a two-bedroom unit in the four-story Segovia even before the Maricielo Villas was launched for construction last year. The 50-sqm unit with balcony and service area at the rooftop matches his criteria for a new home.
“I saw the balance of price, proximity and quality in the Maricielo Villas,” said the young professional.
The pre-selling price of R2.08 million fit Misa’s budget. When he saw the Francisco Motors plant being demolished to give way to Maricielo Villas while on a field work in March 2011, he knew the price was good at the time because the site was still being prepared for the groundbreaking.
He found the location at the corner of Quirino and Casimiro Avenues a good spot to relocate from his Merville, Parañaque, home. It is accessible to his workplace in the Pandacan oil depot in Manila via the Manila-Cavite Coastal Road, he said.
Via the Alabang-Zapote Road and the C5 Extension Road, Maricielo Villas residents can have an easy access to Alabang central business district (CBD) in just 20 minutes, to the Filinvest CBD in 25 minutes and to the Makati CBD in 30 minutes. Seven hospitals and seven schools are five minutes to 20 minutes away.
With DMCI Homes’ track record in building quality homes and residential communities, Misa said his new home has a better quality than what he observed from others. “The design of the unit is very satisfactory,” he said.
Generous unit sizes also assure comfort to occupants. A two-bedroom unit in the Segovia range from 50.5 to 80 sqm. In the five-story Pontevedra, two-bedroom units are from 42.5 to 85.5 sqm.
Every unit includes a kitchen, toilet and bathroom, a living/dining space, balcony, service area and provisions for window-type air-conditioning, cable TV connection, telephone line connection and smoke detectors.
The resort-themed community with residential buildings and a clubhouse in Spanish Mission architecture also appealed to him.
“It is very refreshing when you enter Maricielo Villas coming from the traffic outside,” he said.
The healthy lifestyle extends to the residential buildings, where breezeways maximize natural ventilation and lighting.
Ground floor atrium gardens beautify the interior and maintain fresh air.
Single loaded corridors feature a balcony overlooking the landscaped atrium so doors of units do not directly face each other. There is a scenic elevator and basement car park for each of the five residential buildings named after cities and provinces in Spain.
Enhancing the relaxed atmosphere are modern amenities such as the clubhouse, swimming pool, entertainment/game room, lounge areas, multi-function hall and fitness gym. The clubhouse also has spaces for a convenience store and laundry station.
Maricielo Villas, located one kilometer from St. Joseph’s Church, home of the Bamboo Organ, is a premier condo community project of DMCI Homes, known as a company of innovative builders and engineering experts.
Each of their projects is built with world-standard craftsmanship from D.M. Consunji Inc.’s almost 60 years of experience in the construction and development industry.


When in Cebu City, please visit gregmelep.com for your real estate and retirement needs. 

Wednesday, October 24, 2012

Robinsons Land to bank on Mice to grow hotel businesses: official




Tuesday, October 23, 2012
GOKONGWEI-led Robinsons Land Corp. (RLC) is banking on the meetings, incentives, conference and exhibition (Mice) market to grow its hotel business in the country.
Renovation of function rooms, particularly in Summit Circle Cebu (formerly Midtown Hotel) is underway, according to RLC director for corporate and public relations Roseann Coscolluela-Villegas.
“We have re-branded the hotel, refurbished the rooms and banquet facilities to advance our footing in the hotel industry,” Villegas said.
Villegas said Summit Circle Cebu is expected to attract local and foreign Mice markets, similar to the Summit Ridge, RLC’s hotel property in Tagaytay, which is known as a wedding, social and corporate meetings destination.
“We have a good market response for Summit Ridge and we intend to replicate the same success with our other properties, especially in Cebu, which is bullish in attracting high-value markets,” said Villegas.
Summit Circle Cebu will be formally launched next month.
Tourism Secretary Ramon Jimenez Jr., said the Philippines needs to catch up with its Asian neighbors and grab a slice of the Mice market. He said Mice events can increase tourism arrivals in the country.
Summit Hotels is one of three hotel brands that RLC operates. The other two are Go Hotels and Crown Plaza, which is a partnership between RLC and the international chain.
Aside from improving Summit Hotels, Villegas said RLC will also be expanding the Go Hotels chain in the country.
Villegas said the budget hotel will soon be opening in Cebu as part of RLC’s P5 billion Robinsons Galleria Cebu project on General Maxilom Ext.
According to RLC president Frederick Go, they are “ramping up” investments in Cebu because of its robust economic growth as shown by its vibrant retail and tourism sectors.
The Go Hotel brand has five branches in Mandaluyong, Tacloban, Dumaguete, Palawan and Bacolod. It will soon open in Ortigas; Otis, Manila; and Iloilo, where Robinsons malls are located.
Meanwhile, Villegas said RLC’s mall components will also roll out Lingkod Pinoy Centers, a one-stop-shop that will house government agencies such as Social Security System, Department of Foreign Affairs, Land Transportation Office, and Pag-ibig.
Of RLC’s 32 malls nationwide, it already has installed nine Lingkod Pinoy Centers.
Villegas said, the firm is still looking for a space in Cebu to open the one-stop-shop.
RLC grew its net income by 9.84 percent to P3.35 billion in the first semester from P3.05 billion in the same period last year on the back of improved revenues across all its businesses, led by the commercial and residential segments.

When in Cebu City, please visit gregmelep.com for your real estate and retirement needs. Avail of the opportunity to own a condominium unit in Cebu City for only P12,000.00/month with your own parking lot. Hurry while the supply of units last. Just call the Tel. Nos. shown below.
Tel. No. 555-8464/09164422611/09173373687.
Published in the Sun.Star Cebu newspaper on October 23, 2012




Tuesday, October 23, 2012

VAT Update: Adjacent residential properties are now considered as one under BIR RR 13-2012



by CHERRY CASTILLO on OCTOBER 23, 2012 · 1 COMMENT
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If you are thinking of buying adjacent residential properties, you better read this. The Bureau of Internal Revenue (BIR) has recently issued BIR Revenue Regulations (RR) No. 13-2012 dated October 12, 2012 which amends the current Value-Added Tax (VAT) regulations.
Under RR 13-2012, the sale of two or more adjacent lots, houses and lots, and other residential dwellings like condominium units, shall be considered as one residential area for VAT purposes.
You may recall that the sale of a lot which is an ordinary asset to the seller at a price below P1,919,500, and the sale of a residential house and lot which is an ordinary asset to the seller at a price below Php3,199,200, are exempt from VAT. Under the regulations, only the sale of adjacent lots by the same seller to the same buyer shall be considered as one residential area for VAT purposes. Thus, the sale of two adjacent lots priced at Php1 million each (for a total of Php2 million) will go over the VAT threshold of P1,919,500 for the sale of residential lots.

 “Loopholes” plugged

Previous to RR 13-2012, it was not clear whether the sale of adjacent residential houses and lots, and other residential dwellings such as condominium units, shall be considered as one residential area for VAT purposes. Thus, developers have exploited this loophole and sold adjacent condominium units to one buyer, but without considering the sale as the sale of a single residential area for VAT purposes.
Also, previous to RR 13-2012, it was not clear what the time difference between two sales to the same buyer should be, for the two sales to be considered as the sale of one residential area. So for example, if the sale of one residential lot was done in January 2012, and the next sale was done in March 2012, it may be argued that it would not fall under the rule on treating the sale of two lots to one buyer as the sale of one residential area for VAT purposes.
With RR 13-2012, the above loopholes have been plugged.

Now what!?

We can only guess at this point what this new RR will bring – probably:
  1. Developers will sell more adjacent one-bedroom or studio units before the RR takes effect, which is after fifteen (15) days following complete publication in a newspaper of general circulation;
  2. Developers will lengthen the reservation period for the adjacent unit to a little over 12 months to get around the 12-month period; or
  3. Developers will suggest that buyers to let another family member buy the adjacent unit.

Does this affect foreclosed properties?

As far as I know, the sale of foreclosed properties by banks are not covered by VAT . But if you are a real estate investor who buys and sells residential foreclosed properties, you might be affected. See below.

Does this affect real estate investors?

Yes, if you are considered as a person who is habitually engaged in the business of real estate as defined in  RR 7-2003, and if you buy/sell adjacent residential properties with a combined selling price that exceeds the VAT threshold.
When in Cebu City, please visit gregmelep.com for your real estate and retirement needs.
Avail of the opportunity to own a condominium unit in Cebu City for only P12,000.00/month with its own parking lot. Hurry while the supply of units last. Just call the Tel. Nos. shown below.
Tel. No. 555-8464/09164422611/09173373687