The National Land Use Act (House Bill 5240 and Senate Bill 1522) And Other Issues on Land Use

Photo Courtesy from RTVM Malacanang Youtube Channel

During the 17th Congress in 2017, House Bill No. 5240 was formulated from other house bills with the title "National Land Use Act of The Philippines: An Act of Instituting A National Land Use Plan and Management Policy".

Its provisions and policies are incorporated on the said bill however, there is no Implementing Rules and Regulation (IRR) yet created because it is still in the process of becoming a law as reach its final reading by our country's legislative bodies  (congress and senate). How come it did not gain  traction since the past three years under President Rodrigo Duterte and previously by the former President Benigno Aquino. Jr or other past administrations.

Real Estate Property Listings - 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-004-2019 (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-005-2019 (Residential / Apartment)  - SOLD

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

RS-006-2019 (Residential / Condominium)
Property: Residential Condominium For Sale
Location: Bel-Air, Makati City 

https://www.cfbaluyutrealty.com/2019/08/for-sale-one-bedroom-ready-for.html

RS Code 007-2019 (Residential)
Property: Residential Condominium For Sale
Location: MalabaÑas, Angeles City 

https://www.cfbaluyutrealty.com/2019/09/property-for-sale-combined-studio-condo.html

RS Code 008-2019 (Residential / House & Lot) - SOLD
Property: House & Lot For Sale
Location: Sindalan, City of San Fernando, Pampanga

https://www.cfbaluyutrealty.com/2019/09/property-for-sale-house-and-lot-for.html

AS-001-2018 (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 001-2019 (Commercial / Hotel)
Property: Hotel For Sale
Location: Dau, Mabalacat City, Pampanga

https://www.cfbaluyutrealty.com/2019/10/property-for-sale-26-room-operational.html

For more information, please contact us at:

CRB Benedict Baluyut, REB

PRC REBL No. 8358

Mobile No. 09175100734 (Globe / Whatsapp/ Viber)

Website: www.cfbaluyutrealty.com

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

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.