Impact of Republic Act 9649 or RESA Law in Real Estate Industry

REBAP Greenhills Chapter is the host chapter of this event

Recently we were invited on the 1st National General Membership Meeting at Real Estate Brokers Association of the Philippines in Le Pavillion, Pasay City last 9th of April 2009. We were honored and privileged to have Professional Regulation Board of Real Estate Services (PRBRES) Chairperson Dr. Pilar Torres-Banaag in person on the updates on the practice of Republic Act 9646 or Real Estate Service Act of 2009 also known as RESA. 

Dr. Banaag stance was to educate people on the this law which is already 10 years in effect with the effectivity of the Implementing Rules and Regulations (IRR) back in 10th of July 2010 (see link) on our first organizational event for 2019.

This is a warning to all practitioner who are not licensed or not even accredited as real estate salesperson here in the Philippines. At this time there were are number of people already filed with cases with PRC Legal offices and a task force anti-colorum initiated by the stakeholder real estate organizations and individuals have also spearheaded this momentous task of cleaning and policing the profession.

What's Up: An Exclusive Look Inside New Clark City.

Last 19th February 2019, we were given the privilege to have a tour inside New Clark City. New Clark City or NCC is  9,450 hectares of carefully masterplanned urban mixed use development located in Capas, Tarlac. It is almost a similar development with Bonifacio Global City (BGC) in Taguig City. Let’s see more video of this development located above.

What's Up: The Trains Are Coming to the North (Part 2)!

This is a continuation from the first part previously published last April 16, 2019 (see link ).

The Golden Years of  Philippine Railways (1950s, 1960s and 1970s)

After World War II, the Philippine railways was rehabilitated by the U.S. Military before the Philippine independence of July 4 1946. The U.S. Army had paid a  total amount of US$ to compensate for the use of the railway for transport of men and equipment during World War II in Asia - Pacific region (1941 - 1945). Surplus of equipments 

By 1950s, the MRR fleet of trains shifted from steam engines to diesel powered engines. Later on, the company was given charter under Republic Act 4156, creation of the modern-day Philippine National Railways (PNR).




The Light Railways of the 1980s

During the Marcos regime, President Marcos would be credited for the establishment of Manila Light Railway Transit Sytem Line 1 or “LRT 1” for most of those living in Metro Manila which starts from Monumento Station, Caloocan City to Baclaran Station in Pasay City.  The Central Terminal to Baclaran route was inaugurated in 1^st of December 1984 and an extension connecting from Central Terminal to Carriedo Station going to Monumento Station was formally opened on 12^th of May 1985.

What's Up: The Trains Are Coming to the North (Part 1)!

Photo Credits

"This is a two part post on the mass transportation project we have in the Philippines using trains."

It has been exciting two and half years with current President Rodrigo R. Duterte’s assumption to the highest seat of the Philippine government as the 16^th President of the Republic of the Philippines, succeeding former President Benigno S. Aquino III in June 30, 2016. 

The Duterte Administration's "Build, build, build" (BBB) program has been the forefront of developing a nationwide economic revitalization and growth of our country. This is just the continuation of some of the projects planned during former President and now 4th District of Pampanga and House Speaker Representative Gloria Macapagal-Arroyo and also some plans or projects from the previous administration namely former President Fidel V. Ramos (1992 – 1998), former President and now City of Manila Mayor Joseph Ejercito-Estrada and they say former President Ferdinand E. Marcos as early as the late 1970s during his dictatorship.

Pre-owned Ready For Occupancy House and Lot at MetroClark Executive Villas, Mabalacat City

We have our latest offering for a pre-owned house which is link in our Youtube channel. The property is located in MetroClark Executive Villas in Brgy. Camatchiles, Mabalacat City, Pampanga. Highly accessible via public utility vehicles / jeepneys plying McArthur Highway.

 

 

The house are seated in a very quiet community with a safe and secure subdivision in this part of the city. It is flood-free and close to business establishments like SM Hypermart and HMR Auctioneers. It has access to Subic-Clark-Tarlac Expressway (SCTEX) Mabiga Exit and Dau Exit of North Luzon Expressway (NLEX). Other than that it close also to SM City Clark, Clark Freeport, Clark International Airport and Angeles City.