News

Best places to raise a family in Cebu

Cebu is undoubtedly a fantastic place to live in. It is vibrant, dynamic, and full of exciting activities and destinations. It is no surprise then that many are looking for the perfect home in Cebu, especially one that best fits their family. One of the crucial considerations for homebuyers is the neighborhood’s suitability for raising and nurturing a household. Fortunately, there are many c...

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The state of mass housing

We can only dream about solving our housing crisis the way Singapore did. Already very much a First World Country in the 2020s, Singapore’s public housing is located in new towns, in communities that are intended to be self-contained, with services near housing blocks and with housing either owned by or rented to residents. Owner-occupied public housing is sold on a 99-year lease and can be...

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Higher caps on socialized, economic housing planned

Housing developers are batting for an increase in the ceiling of economic and socialized housing to keep up with rising cost of land acquisition and project development, according to Marcelino Mendoza, chairman of the Organization of Socialized Housing Developers of the Philippines (OSHDP). Mendoza in an interview said the National Housing Task Force is deliberating initially on the threshold o...

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Nat'l housing dev’t, financing bill passage pushed

MANILA – Citing the urgent need to eradicate homelessness in the country, Senator Christopher Lawrence “Bong” Go on Wednesday called for renewed support for a bill he has filed in July 2019, which aims to provide continuous funding support for a large scale pro-poor housing program in the country. Senate Bill No. 203, or the National Housing Development, Production and Fi...

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DHUD to Obo: 'Scrutinize projects to protect buyers'

WITH the non-stop construction of high-rise buildings in Metro Cebu, the Department of Housing and Urban Development (DHUD), formerly Housing and Land Use Regulatory Board, reminds developers to make sure that the structural integrity of their buildings can withstand natural calamities like earthquakes. Francis Ordeniza, Director of the DHUD of Central Visayas, told SunStar Cebu that buildings...

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Housing loan takeout in Visayas grows 15%

STATE-RUN Pag-ibig Fund saw housing loan takeout in Visayas grow 15 percent in the first half of this year, an indication of a robust housing market in the region. Housing loans availed by its Visayan members from January to June totaled P4.49 billion, accounting for 12 percent of the nationwide loan takeout. This translated to a total of 4,250 housing units, up 23 percent from 3,461 in the...

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