Friday, October 11, 2019

Property Listing Inventory - C. F. Baluyut Realty As of October 2019

Good Day Investors!

Here is the list of our properties in our inventory we had included the links and pictures posted in this website.

Legend:

RS - Residential House and Lot, Condominium, Apartment Complex
AS - Agricultural / Agro-Industrial 
CO - Commercial / Hotel / Building

Properties For Sale:

RS-004 (Residential / House & Lot)
Property: House & Lot For Sale
Location: Camachiles, Mabalacat City, Pampanga
https://www.cfbaluyutrealty.com/2019/04/for-sale-ready-for-occupancy-house-and.html

RS-005 (Residential / Apartment) 
Property: Apartment For Sale
Location: Dau, Mabalacat City, Pampanga
https://www.cfbaluyutrealty.com/2019/07/for-sale-four-door-apartment-in-brgy.html


RS-006 (Residential / Condominium)
Property: Residential Condominium For Sale
Location: Bel-Air, Makati City 

RS Code 007 (Residential)
Property: Residential Condominium For Sale
Location: Malaba√Ďas, Angeles City 

RS Code 008 (Residential / House & Lot)
Property: House & Lot For Sale
Location: Sindalan, City of San Fernando, Pampanga


AS-001 (Agricultural)
Property: Farm Lot For Sale
Location: San Simon, Pampanga
https://www.cfbaluyutrealty.com/2019/08/for-sale-agricultural-lot-for-sale.html

CO Code 001 (Commercial / Hotel)
Property: Hotel For Sale
Location: Dau, Mabalacat City, Pampanga
For more information, please contact us at:



CRB Benedict Baluyut, REB
PRC REBL No. 8358
Mobile No. 09175100734 (Globe / Whatsapp/ Viber)


Copyright 2004 - 2019 C. F. Baluyut Realty | Real Estate in Pampanga, Philippines. All Rights Reserved.

Monday, October 7, 2019

Understanding the Rent Control Law of 2009


For would be landlords or those who are interested in buying a property as investment such as residential apartments or residential condominiums to be used for the purpose of renting or leasing it to would be renter / lessee. 

In general, the Philippine housing rentals are covered by the Rent Control Act of 2009, a law intended to protect millions of Filipinos renting houses. The Housing and Urban Development Coordinating Council (HUDCC) is the government agency in charge of overseeing the implementation of the Rent Control Act, also known as Republic Act 9653 or “An Act Establishing Reforms in the Regulation of Rent of Certain Residential Units, Providing the Mechanisms Therefore and For Other Purposes.”

R.A. 9653 was approved in 2009 and its provisions have been recently extended by HUDCC for a period of three years, from January 1, 2018, until December 31, 2020.

The subject property is covered by the salient features of this law wherein houses for rent are covered because of its residential and commercial purpose.

A.) In Metro Manila with monthly rent between one peso (P 1.00) up to ten thousand pesos (P 10,000.00) per month and or;
B.) In other highly urbanized cities in the country, with monthly rent between one peso (P 1.00) and five thousand pesos (P 5,000.00).

The law applies to houses for rent in Metro Manila charging monthly rent of up to P 10,000.00 and houses for rent in other cities charging monthly rent of up to P 5,000.00. Rent refers to housing rent alone and does not include utilities (water, electricity, or other charges) to be paid by the renter. In the case of Angeles City, Mabalacat City and City of San Fernando, three cities located in Pampanga are covered by statement (B).

This shows that residential units charging monthly rent of up to Php 4,999.00 (below P 5,000.00) cannot increase the rental price by more than 2 percent  (2%) per year.

For example, from January to December 2018, the monthly rent for a house is P 3,500.00 By January 2019, the rent can only be increased by a maximum of 2 percent; that is, a maximum of P 70.00 (computed as P3,500.00 x 2 percent). Therefore, by January 2019, the new monthly rent can only be a maximum of P 3,570.00.

About the Writer

CRB Benedict Baluyut is a professional real estate broker, real estate appraiser and associate of C. F. Baluyut Realty. He is currently the Vice President for External Affairs, Real Estate Brokers Association of the Philippines, Inc. (REBAP) - Pampanga Chapter. You can get in touch with him at https://www.cfbaluyutrealty.com.





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Copyright 2004 - 2019 C. F. Baluyut Realty | Real Estate in Pampanga, Philippines. All Rights Reserved.

Friday, October 4, 2019

Property For Sale: 26 Room Operational Hotel near Clark Freeport

Recently included in our property listing for investor who would like to engage in the hospitality business with existing customer base with revenue income generation capability.

Property Details:

Location: Dau, Mabalacat City, Pampanga
Lot Area: 354 square meters
Total Floor Area: 700 square meters
Parking Spaces / Provision: 8 parking spaces
No. of Storey(s): Two
Price: P 44,000,000.00 (Negotiable)






For more information, please contact us at:

CRB Benedict Baluyut, REB
PRC REBL No. 8358
Mobile No. 09175100734 (Globe / Whatsapp/ Viber)
Email: cfbaluyutrealty2004@gmail.com


Related Posts:



Copyright 2004 - 2019 C. F. Baluyut Realty | Real Estate in Pampanga, Philippines. All Rights Reserved.

Monday, September 30, 2019

POGOs: Why are they here in the Philippines (Part 2)?

Photo by Drew Rae from Pexels

Gambling As A Social Problem?


Although, gambling industry is a legal in the country and regulated by PAGCOR. In reality, gambling is highly addictive vice with money earned from easy /fast transaction. It can cripple one's finances if losses are incurred from such a devastating vice that could  also destroy personal relationships with family and friends.

Filipinos are not affected by these online gambling industry of these POGOs because it stated on the rules and regulation on the operation of offshore gaming that they are not allowed to play and have no access on these online vices. Most of these POGOs are owned by mainland Chinese with Filipino citizen partners under a formation of gaming and entertainment corporations through Philippine laws on corporation which is 60% owned by Filipinos and 40% owned by foreigners.

Friday, September 27, 2019

Property For Sale: House and Lot For Sale in City of San Fernando, Pampanga

We have recently included in our property listing a house & lot ideal for a growing family located in a secure subdivision with safe yet peaceful neighborhood close to SM City Telabastagan and Angeles City. Walking distance to MacArthur Highway and minutes away from Mexico Exit of North Luzon Expressway via Tourism Convergence Road and many more...

Property Details:

Location: Richtown Subdivision Phase 1, Sindalan, City of San Fernando, Pampanga
Lot Area: 180 square meters
Floor Area: 200 square meters
3 Bedrooms (Master Bedroom, Two bedrooms for kid)
Balcony
2 Toilet & Bath (One in Master's Bedroom; One in ground floor)
2 Car Garage
2 Storey Home
Morning Sun Location

Price: P 5,500,000.00 (Negotiable)


For more information, please contact us at:

CRB Benedict Baluyut, REB, REA
PRC REBL No. 8358
Mobile No. 09175100734 (Globe / Whatsapp/ Viber)
Email: cfbaluyutrealty2004@gmail.com


Related Posts:




Copyright 2004 - 2019 C. F. Baluyut Realty | Real Estate in Pampanga, Philippines. All Rights Reserved.