To Read The Full News Letter
Transcripción
To Read The Full News Letter
July 2014 | OFFICIAL NEWSLETTER OF PAREB-CEBU REAL ESTATE BOARD, INC. THE CEREB PAPER Volume 1, Issue 2 REAL ESTATE UPDATES Let’s support our 2014 MPLP Candidate, Debbie Ann R. Riveral ! President’s Corner 2 The Editors 2 MPLP Thru the Years 3 2nd MM-REM 4 EXPO 2014 5 Chairman’s Corner 6 Conferences in Pictures 7 Oathtaking / Outing 8 In choosing a project 9 Sustainable Cebu Society 10 MLS Exchange 11 Major Sponsor-PENBANK 12 President’s Corner Let’s enjoy serving PAREB – CEREB with dedication. With our office almost ready for full utilization, please visit so you may check if you may want to use it for your next PKS, a meeting with your client, or any of your company’s activities. The function room can accommodate 25 pax. The EDCOM Heads, Ms. Dorothy Ring and Ms. Eva Miñoza, are ready for the Continuing Professional Development Seminars (CPDs) of the months of August and September. October will be the start of the Comprehensive Real Estate Seminar (CRES). I enjoin all members to please actively campaign to invite more participants. The PAREB – CEREB EXPO was a great success. Kudos to the Committee composed of Charles aka Chuck Lee, Ramil Granada, Nelson Talatayod, Richard Azares, Sheryl Llenos, Joefrance Canizares, Myrna Ybiernas and of course to our able staffs Emma Pamas and Joyce Delos Santos. Many thanks to those who were there to man the booth daily. Your support and presence contributed to the success of the EXPO. We are aiming to win the PAREB Best Board Award 2014. To achieve this, each committee needs to submit their reports of their different activities. Let’s all support the Most Popular Lady of PAREB (MPLP) Committee headed by Ms. Fiona King and our candidate Ms. Debbie Ann Riveral. Tickets will soon be distributed. The Membership Committee, headed by Ms. Lucylyn Whysall, is up to circulate 20 new members for approval. Cheers ! We thank the team of three: Prof. Tom Academia, Ms. Lucylyn Whysall and Ms. Carol Borres for this second Newsletter. Good effort and great work! I am so blessed to have all of you – my Board of Directors, Advisers and Members. Your support and dedication makes PAREB – CEREB as successful as it has been through all these years. MARILOU CAÑIZARES CEREB President the Editors They say it’s more fun the second time around. Here we are once again with our second issue of the TCP. CEREB has been very active in the Real Estate scene not only here in Cebu but also in other places nationwide. Most of the highlights are featured here…so enjoy! We’d like to hear from you, let us know your thoughts. If you feel you have an article or a topic to contribute, please do send us a message or give us a call. It might be included in our next issue! PAREB-CEREB, INC. DR. TOM Z. ACADEMIA Committee Chairman 2 LUCYLYN WHYSALL Director in Charge CAROLINE B. BORRES Co-Chairman/Layout Artist Unit 2I & 2J, Baseline Residences Juana Osmeña Street, Cebu City Tel. Nos. (032) 232-3940 (032) 412-8776 0933-1584402 0905-3540449 E-mail: [email protected] MPLP Candidates thru the years… Ruth Paredes 1999 Aida Araneta 2003 Sheila Francisco 2007 Fiona King 2011 Purie Cabahug 2000 Sarme Pepito 2004 Tita Domingo 2001 Virgie Real 2005 Rose Flaminia 2002 Marissa Inting 2006 Tenet Sarmiento 2008 Leslie Ouano 2009 Lucylyn Whysall 2010 Thea Domingo 2012 Xacah Chang 2013 Debbie Ann Riveral 2014 3 EdCom Updates Ms. Dorothy Ring EdCom Chairman The Second Time Around for MM-REM This year, PAREB-CEREB enters for the second time an off-campus Master in Management, Major in Real Estate Management Program (MM-REM) with the University of San Jose Recoletos (USJ-R) to further enhance the standards of practice in the Real Estate Industry. In a Memorandum of Agreement (MOA) signed last July 10, 2014 at the USJ-R Conference Room, USJ-R, represented by its President, Rev. Fr. Enrico Peter A. Silab, OAR and PAREB-CEREB, represented by its President, Marilou Cañizares, sealed their commitment to upgrade the professional qualifications and competencies of real estate practitioners. Witnessing this memorable occasion for PAREB-CEREB were Eva Miñoza (Director) and Dorothy Ring (Chairman) of the Education and Information Committee, while USJ-R were witnessed by Rev. Fr. Amado Emmanuel Bolilia, OAR (Vice-President Administration/Graduate School Programs Coordinator) and Dr. Edgar Detoya, CPA (Dean of the Graduate School of Business Management and Administration). From Left: Dorothy Ring, Eva Miñoza, PAREB-CEREB President Marilou Cañizares, USJ-R President Rev. Fr. Enrico Peter A. Silab, OAR, Rev. Fr. Amado Emmanuel Bolilia, OAR, Dr. Edgar Detoya, CPA 4 Graduates of MM-REM Batch 1, November 10, 2012 “SOLD! How sweet it is indeed to hear this word!” First and foremost, I would like to thank God for His never-ending grace. Thank you to my family, all the members and participants who made this event a huge success. “Sold!”, how sweet it is indeed to hear this word. Last July 1-7, 2014 at SM City Cebu we Sold! I’m very excited to share that we exceeded last year’s numbers by these margins 64 and 115. 64% increase in number of units sold, 115% increase in number of participants. Jose Francis Cañizares EXPO Committee Chairman To the next year’s chairman & committee I wish you all the best with more sales for the 2015 EXPO. Mabuhay ang CEREB, let’s sell and showcase Cebu! The Participating Developers: Platinum : Genvi Development Corporation, Tambuli Seaside Living, King Properties, Aboitizland, Inc. Gold: Athecor Development Corporation, Alveo Land, Inc., CitrineLand Corporation, Colourfield Land Development Corp, Contempo Property Holdings, Inc., Duros Land Properties, Inc., Eastland Property Ventures, Inc., Filinvest Land, Inc., Land Traders World Properties, Cebu Landmasters, Inc., Lite Properties Corp., MLD Dreambuilders, Inc., Pacific Land Ventures and Property Development, Inc., Paramount Property Ventures, Inc., Primehomes Development Corp., Trillium Residences, Weikiat Development, Sta. Lucia Realty & Development Corp., MCJR Realty & Development Corp. Bank & Others : BPI, Lamudi, MLS, EDCom 5 Chairman’s Corner Why are we in PAREB? Have you ever asked yourself that question? Ms. Emily Amie L. Cabillada I know I did! PAREB Chairman MEMBERS IN FOCUS – This is PAREB's thrust under the leadership of President Nora Gutierrez. It focuses the direction and activities of PAREB that will first and foremost answer the question – Why are we in PAREB? Have you ever asked yourself that question? I know I did! And I came up with the following answers: 1. I want to expand my network and my business. By joining the pioneer and the largest organization in the Philippines, which to-date has about 4,000 members over the entire country, it allows our practice to go beyond our traditional area of operation. One of our best features is the MLS (Multi-Listing System) which is an online portal to exchange our property listings. The other are our regular conferences and conventions which bring the best practitioners under one roof where we exchange cards and ideas and foster friendships with one another. Not only on local shores but offshore as well with various alliances we have formed with several real estate organizations in the ASEAN region. 2. I want to learn more and upgrade my skills. PAREB holds the record of most number of PRC Accredited Speakers, the most number of Topnotchers and Highest Passing Average in our Board Examinations for Real Estate Professionals. Our continuous holding of Continuing Professional Development Programs all year round in different parts of the country by PAREB and Local Boards who are PRC Accredited Service Providers helps develop our skills and knowledge, and providing us the latest tools to excel in the business. Again, our conferences and conventions provide updates and information from well renowned speakers and experts on the current industry practice and economic and political situation of the country and how it affects our industry. 3. I want to be identified with the best in the industry. Who wouldn’t want to be in PAREB? It is a well recognized brand in the industry by practitioners, government bodies & regulators, developers and other industry partners, and the public. Tatak PAREB can open doors AND close deals for us! 6 4. I want to give back to the industry by way of service. Of course the best reason is to give back to the industry where we have benefited so much. Being in PAREB means being the industry leader and a dynamic voice in real estate, sharing our mission and vision of protecting the rights of our members and the public against unfair practice, instituting high standards of practice and the continuous promotion of professionalism. Conference We recently held the PAREB NCR-LUZON JOINT REGIONAL CONFERENCE last July 25 & 26, 2014 at Hotel Ariana, Bauang La Union, hosted by PAREB-Real Estate Board of Rizal in cooperation with PAREB-RBR Past President Circle, Inc. The conference theme of MISSION POSSIBLE showcased the ‘can do’ spirit of PAREB to embrace all challenges as opportunities for continued growth as professionals and leaders in the industry. The Regional Conference provided a macro level presentation of the upcoming structural and institutional changes as a result of the ASEAN Integration in 2015 and beyond. It highlighted on real estate industry study updates, infrastructures, housing developments and initiatives and role of innovation on a meso level. Region 1 and La Union CLUP was presented as a case study while sidelines on the other Regions comprising NCR and Luzon were also integrated. The local tours provided reality implementation of the CLUP and Tourism initiatives in La Union. To cap the year, PAREB will hold its 54th PAREB National Convention and Elections on OCTOBER 9, 10, 11, 2014 at THE BELLEVUE HOTEL, Filinvest City Alabang, Muntinlupa. Its theme of “ALL SYSTEMS GO” demonstrates PAREB members are ready and properly equipped to face the challenges of ASEAN integration. See you there! NCR & Vismin Conferences 2014 7 8 Oathtaking 2014 FOR BROKERS, APPRAISERS & CONSULTANTS May 22, 2014, Henry Hotel, Ma. Luisa Road, Banilad Summer Outing May 17, 2014, Mactan, Cebu In choosing a project… between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to analyze the profitability of an investment or project. Dr. Tomasito Z. Academia Environmental Planner Real Estate Consultant HIGHEST AND BEST USE – It is the most profitable and likely use of a property. Chosen from reasonably probable and legal alternative uses, must be physically possible, and appropriately financially feasible to result in the highest possible land value. It could be easily identified as the “highest and best use” (HABU), but conformity requirements must be met. As Local Government Unit (LGU) has an ordinance passed to protect the public, a locational clearance must be obtained and settled first to know the applicability of how and why it is of a “highest and best land use”. The three most and widely used project decision parameters: Net Present Value, Payback Period and Internal Rate of Return. Net Present Value (NPV). In the economies of scale and economic equations, it is the present lump sum of money that must first be taken into consideration. It is the total amount of money that flows continuously and uniformly during the present period. This is the difference In determining the value of a project, it makes it challenging because there are different ways to measure the value of future cash flows. Because of the time value of money, a peso earned in the future won’t be worth as much as one earned today. Payback Period = Initial Investment Periodic Cash Flow The result of the payback period formula will match how often the cash flows are received. A criteria for investment decisions is the number of periods of time required for an investment's cost savings and revenues to equal the amount of the investment with no interest. Internal Rate of Return (IRR). IRR calculations are commonly used to evaluate the desirability of investments or projects. The higher a project's IRR, the more desirable it is to undertake the project. Assuming all projects require the same amount of up-front investment, the project with the highest IRR would be considered the best and undertaken first. The term internal refers to the fact that its calculation does not incorporate environmental factors (e.g., the interest rate or inflation). “Pictures are the first impressions that attract a buyer. Quality pictures sell properties and attract buyers at the first glance.... ” Many of us have websites and advertise in the local newspapers, free classifieds and magazines. The first thing “me” as a buyer will do if I cannot see the property on a website is ask for pictures. Are we prepared...Hmmm? Whaaaat !!??? Keep the pictures “real” so that the buyer knows what to expect when they view. Avoid giving too much expectations, they may end up disappointed. It's simple to take good pictures, keep the camera straight and take your time....“You only go there one time to take them”. Make sure that you move any objects that make the place look cluttered (bags, hanging clothes, food, people:-) and never have your reflection in the mirror. :-) Ooops! Too much editing… 9 A Sustainable Cebu Society Apparently, we are all born wanting to get our way with everything. But since there are people besides ourselves on this earth, we soon learn that we have to cooperate with other human beings. There are exciting and important indications that inhabitants of Cebu may be ready to move into a new phase of cultural evolution – transition from an agricultural-industrial society based on humans learning how to cooperate with nature rather than blindly attempting to control it. Apparently, we are all born wanting to get our way with everything. But since there are people besides ourselves on this earth, we soon learn that we have to cooperate with other human beings. A growing number of people are beginning to see themselves belonging to a global tribe, whose cooperative efforts are necessary for the survival of everyone in an age threatened by destruction. Today, Cebu needs some methods of land-use controls and unless these can be effectively implemented, a land use plan merely gathers dust. There needs to be a strong lobbying from the citizenry for our politicians to have the will to implement control in land use, including the direct purchase of land by a public or private agency to ensure that it is used for the prescribed purposes and the implementation of land zoning so it can be used only in certain ways. Other controls include giving tax breaks to landowners, who agree to use land only for given purposes, such as agriculture or open space and land development by regulating building permits, roads and other services and the use of environmental impact statements to stop or delay harmful projects by forcing a consideration of the adverse impacts and alternatives to all national land use projects. The government needs to decide whether to allow the mining of copper ores outside Toledo copper mine. The environmental impact of the resource use, once located, results in the extraction of copper ore normally by surface mining or sub-surface mining. 10 Antonio V. Osmeña CEREB Past President The mineral processing and use of an energy or non fuel mineral resource causes some form of air and water pollution. Large surface mining operations disturb land by directly removing material from one place and depositing it in another. Strip mining is usually the most destructive surface mining method, primarily because it disrupts a large surface area. Cebu should strictly prohibit new applications for mining permit. How valid are these charges of non-fuel mineral resource exploitation of the Less Developed Countries (LDCs) by the Most Advanced Countries (MDCs)? Some analysts argue that the MDCs are not paying a just price for many resources. Others argue that the government leaders and rich elites like most LDCs are really exploiting their own people. Critics say that if the LDCs continue to sell their resources nothing will be left to sustain their own development in the future, specifically with the environment degradation of the area mined. Copper mined in the US is more expensive because its price includes the cost of environmental protection, whereas, imported copper seldom does. It is obvious that LDCs are the culprit of environmental degradation. The processing and the refining of ores produce large quantities of wastes materials that pollute the air and water. Cebu now needs to formulate and implement a comprehensive zoning law and, hopefully, environmental concerns should be a political issue. In eco-politics, environmental law plays an important role, particularly as a tool for delaying or preventing the abuse of the ecosphere. A famous legal environmental controversy raised the question of who speaks for nature. US Justice William 0. Douglas argued that trees and other natural objects should have a stand. Law Professor Christopher D. Stone, who argued that just as minors and incompetent persons can be represented in court by legal guardians, so should natural objects. MLS Exchange PRIME LOT FOR SALE near BEVERLY HILLS, Lahug Cebu City Size : 750 sqm Price: P18,750,000.00 Ideal for condominium or townhouse project. Contact: GERRY YANGYANG CEBU REALTY and BROKERAGE 0917-3240685 / 5118519 www.ceburealtybrokerage.com LOT FOR SALE Tayud, Lilo-An Lot Area: 1 Hectare (Titled) Price: P 2,800 per sqm net Lot is along Silot Bay. Around 100-m frontage. Ideal for residential development or eco-park. Contact: MACKEE MACARIOLA 0922-8501822 Broker’s fee for all listings: 3%-5% of selling price. 50/50 sharing for Buyer’s Broker/Seller’s Broker PRIME COMMERCIAL PROPERTIES FOR SALE A.S. Fortuna St., Banilad along Oakridge Size : 5,900 sqm Price : 50,000/sqm Broker’s Fee : 3% North Reclamation Area along S & R Size: 10,747 sqm Price: P35,000/sqm Contact: RICHARD AZARES 0917-3228601 / 314-7634 www.diamondcrest.com.ph MA. LUISA, BANILAD HOUSE & LOT FOR SALE Lot : 540 sqm./Floor Area: 441 sqm. 4BR/4CR, 2-car garage with Pool Target finish : May 2015 Price: P30M inclusive of CGT Broker’s Fee: 5% Contact: LUNALIZA CAPULONG 0922-8763669 / 412-3112 AMARA LOT FOR SALE Amara North, near the Wharf and Park Lot Area: 439 sqm (flat) Price : P8.5M net of taxes but inclusive of 5% Brokers Fee. KITCHIE UY-CAÑETE 0917-629 6788 / 0925- 555 1611 0998-549 4500 / 406 6989 [email protected] Broker’s Fee: 5% LUCYLYN WHYSALL www.highpeakinternational.com 0927-7002879 / 347-2574 11