In celebration of the Mandaue Business Month this August, MCCI, Mandaue Chamber of Commerce and Industry held the Property and Investment Exhibit at Robinsons Galleria. Together with the theme “ Bold Moves, New Frontiers” the metropolis of Mandaue is slowly rising to the challenge by showcasing an exhibit of real estate properties ready for purchase.
The 2-day seminar last August 26-27, 2016 tackled relative topics that residents or non-residents must know about before purchasing a property in the Philippines. The event started with opening messages from the event chair Mr. Samuel Lao and the MCCI President Mr. Glenn Anthony Soco respectively.
The optimism for a brighter future ahead together with the positive collaboration of the government forwardly stirs every cebuano’s dream of better living and housing development all over the city.
First, the issue of Philhealth benefits were presented by Ms. Maria Cristina Ramos (Chief Social Insurance officer). As part of overall assessment, Philhealth plays a role in the well-being of every filipino individual. It is especially informative for employers (business or private) to stress out the need to grant philhealth membership to their kasambahays (maid/house help). She also mentioned other benefits that senior citizen Philhealth members can avail of.
For the most part, the introduction on how to invest in real estate and weighing one’s financial option in buying a property was explained by Mr. Audrey Villa, the Sales Head of Mandani Bay by HT Land Inc. They are the same group responsible for projects such as the Marina Bay in Singapore and many more across Asia. HT Land Inc. is a joint venture between Taft Property Ventures Development Corporation and Hong Kong Land. The Mandani Bay project is a 20-hectare mixed-use residential, commercial/retail. Hotel, and office development in the waterfront area of Mandaue City, Cebu. The main purpose of the joint venture is to develop such project in that area.
Real Estate is booming due to..
This was the first property exposition in Cebu that showcased the real estate industry as one the current booming development in terms of infrastructure. The seminar’s intention is to bring awareness and encourage the locals to start investing on real estate. Striking while the iron is hot or while the market is still young so to speak. Although their market projection will cater to the need of 12 million prospect tourists who will visit cebu within the next 3 years or so. Cebu has been the hub for aspiring Japanese, Korean and Chinese nationals together with other neighboring countries in learning English as a second language. That’s why there is a major need to install housing infrastructures to support the growing demand in the market. Nevertheless, locals are encouraged to start investing in the future and take part in the progress.
Residential condominium options and personal assessment before buying a house are the first to be discussed. Followed by Loan Restructuring Program, Bank Housing Loan Program and other Housing Program seminars were tackled the next day.
The event was capped off by Mr. Rudolf Kotik, Founder of R.K. Franchise Consultancy Inc. discussing about Franchising options of today.
Needless to say, along with all the building augmentations and housing expansion visible around Cebu, it is definitely a positive move to start planning on real estate investments.