Latest news

Vice President and Chairman of the Housing and Urban Development Coordinating Council (HUDCC) Noli "Kabayan" De Castro commends the Philippine Government Employees' Association (PGEA) for initiating a housing project for their members dubbed the PGEA Village.

Php 135-M HOUSING PROJECT GETS BOI APPROVAL.

At the memorandum of agreement signing between The Philippine STAR and P.A. Alvarez Properties and Dvelopment Corp. are (from left) Pag-IBIG Fund president and chief executive officer Atty. Romero Quimbo, STAR president and CEO Miguel Belmonte and P.A. Alvarez Properties and Development Corp. president and CEO Romarico Alvarez. On hand to witness the signing were P.A. Alvarez Properties executives Jonathan Lu and Leonilo Alfonso.

1) What is the exact address of the project?
ANSWER: The project is located at Rosario, Pasig City. It is 150 meters away from Ortigas Ave. Extension near Ever-Gotesco Ortigas.

2) When will the project be finished / completed?
ANSWER: The project is a residential 5-storey condominium. It consists of 15 cluster buildings with 30 square meters in each unit. The start of development will be on February, 2007 and the first building consists of 4 clusters is expected to be completed on June, 2007. All other buildings will be completed on the end of 2007.

3) What are the items included in my purchase?
ANSWER: The finished unit will be delivered to the client as follows: pre-painted walls and ceilings, ceramic floor tiles, complete bathroom fixtures, kitchen base cabinet and provisions for window-type aircon unit. Each unit will be provided with individual electric and water meters for easy monitoring and fair charging.

4) Can I alter/change/re-design my unit?
ANSWER: Though the exterior of the building/unit cannot by altered as defined in the Master Deed of Restriction, the interior of the unit can be modified according to the taste or preference of the owner subject to the rules and regulations of the condominium corporation.

5) Does my purchase include a parking slot?
ANSWER: Parking slots are sold separately from the units. The client has the option either to include or not to include a parking slot in his/her purchase. Every unit sold can avail of at most 1 parking slot.

6) What does the Total Contract Price include?
ANSWER: The Total Contract Price includes all applicable government taxes (such as E-VAT) and other miscellaneous charges in processing the transfer of title to the owner. Therefore, buyers need not worry about additional charges in order to secure their unit; the Total Contract Price already takes care of these expenses.

7) What are the fees/charges that we have to pay?

ANSWER: There will be condominium dues payable every month. This amount is based on the area of the purchase unit, and will cover payments for the building insurance, fire insurance, and property management. Property management
would include the maintenance of common areas such as the hallways, landscaped areas, playground, security and others. Condo dues shall be determined by the condominium corporation at the time of the delivery.

8) What is the extent/coverage of the building and fire insurance?
ANSWER: The building and fire insurance covers the costs of the building against natural calamities and disasters to be administered by the Condo Corporation covered by the monthly dues collected. However, separate fire insurance for the each unit will be paid by the buyer as a requirement of the loan originator.

9) How will the garbage be collected?
ANSWER: There will be a designated area for garbage collection. No garbage chutes would be found within the building as designers, from past experience, found them disadvantageous for nearby units and due to difficulties in maintenance. Rather, there will a collection point where residents can drop off their garbage; disposal will part of the responsibilities of the property manager.

10) Do you have a License to Sell?
ANSWER: It is being processed and expected to be released by January, 2007. And, since this is a pre-development offer, rest assured that prices offered today are definitely lower that what they will be upon actual completion. Not only is the project a wonderful estate, it is also a viable investment.

12) When can I get my title?
ANSWER: The Condominium Certificate of Title will be made available maximum of 6 months after execution of DAS the delivery of the unit and execution of the Deed of Absolute Sale. Before the turnover of the unit, each unit owner will be informed beforehand of a joint inspection to be conducted by the developer and the buyer. It is to the discretion of the buyer.

Brgy. Milagrosa, Carmona, Cavite

Town House units ready for occupancy. Quality living you deserve in a quality community. Available in 4 different house models.

Model	:	ROSAL
Type	:	Core
Lot Area	:	40.00 & 60.00 sq.m.
Floor Area	:	21.00 sq.m.
Features	:	Living, Dining, Kitchen, 1 T&B, Proposed 1 Bedroom

Model	:	CATTLEYA
Type	:	Complete
Lot Area	:	80.00 sq. m.
Floor Area	:	37.57 sq. m.
Features	:	Living, Dining, Kitchen, 1 T&B, 2 Bedrooms, and Space for Parking

Model	:	ALTHENA (Singe Attached - Two Storey)
Type	:	Complete
Lot Area	:	120.00 sqm
Ground Flr. Area	:	48.75 sqm
2nd Flr. Area	:	45.75 sqm
Total Flr. Area	:	94.50 sq.m.
Features	:	Living, Dining, Kitchen, 2 T&B, 3 Bedrooms with Built-in closets, Carport, and Balcony

Model	:	ASCELA (Singe Attached with Attic)
Type	:	Complete
Lot Area	:	80.00 sqm
Ground Flr. Area	:	31.40 sqm
Attic Flr. Area	:	17.50 sqm
Total Flr. Area	:	48.90 sq.m.
Features	:	Living, Dining, Kitchen, 1 T&B, 2 Bedrooms, Built-in Closets

Model	:	ARIA (Single Attached)
Type	:	Complete
Lot Area	:	80.00 sqm
Floor Area	:	37.70 sq.m.
Features	:	Living, Dining, Kitchen, 1 T&B, 2 Bedrooms

Model	:	SOFIAH
Type	:	Complete
Lot Area	:	40.00 & 60.00 sqm
Floor Area	:	44.64 sq.m.
Features	:	Living, Dining, Kitchen, 1 T&B, 2 Bedrooms