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Philippines - a viable investment and retirement destination

In this blog, we will endeavor to provide information regarding the Philippine economy, investment, tourism and real estate in general and also in owning, selling, renting or leasing out properties in particular. Also posted are independent articles that the website administrator feels can help investors and retirees understand why the Philippines is a viable investment or retirement destination.

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RESA Bills Senate No. 2963 and House No. 3514 is now REPUBLIC ACT NO. 9646 signed by PGMA last June 29, 2009. Official Publication was made last July 15, 2009 at Phil. Daily Inquirer, page B-10 of the Business Section and after 15 days from date of publication or on July 30, the RESA law now becomes effective. Deal with licensed brokers only. Better still, deal with a Realtor ®.
Phinma Sucat Medium and High Rise Condominium - Use Your Pag-ibig Fund
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Project status as of August 15, 2009

 

Phase 1 and the clubhouse have been already fully constructed and used since 1st quarter of this year 2009.  Because of the enormous reception of the market, Phinma is building its Phases 2, 3 and 4 almost simultaneously.

 

A vibrant community has already settled down in Phase 1 enjoying the amenities that the club house has to offer (adult swimming pool, children's wading pool, children's playground, badminton court, gym.  Multi purpose function rooms however are being used as model units.  A basketball court is earmarked to be constructed along with parking building.

 

Majority of the buyers are Pag-ibig members and because of its leadership in cement technology and construction, it has become indeed another milestone in Phinma Properties' mission to upgrade the Filipino's standard of living.

 

Published Saturday, August 15, 2009 7:31 PM by Odilon (Ody) dela Merced

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