In my last post, 6 things to consider before buying a residential condominium unit, I presented several factors that may make one wince at the thought of buying a condominium.
I concluded by saying that just because there are several serious downsides to owning a condominium doesn’t necessarily mean that you shouldn’t buy or live in one. Read the rest of this entry »
A condominium project consists of land on which the project stands, the individual dwelling units and the common areas.
In the Philippines, a condominium building is any vertical development, ranging from, say, 5 to 50-stories tall comprising of, say, a hundred to 500 individually-owned units per building wherein the units share walls.
In the United States, condominiums also usually share walls, although, that is not always the case. There, many condominiums resemble what may appear to us here in the Philippines like townhouses, row houses or apartment complexes that may be only 1 to 2 stories tall. The similarity is in the extent of ownership. Read the rest of this entry »
Two weeks ago, the 3-day, 4th Philippine Real Estate Festival (PREF) was held at the World Trade Center in Pasay City. It was no ordinary real estate event for it involved the tourism sector. According to PREF Chairman, Dr. Jaime Cura, the tourism industry has recognized the importance of drawing the real estate sector into greater involvement in the development of tourism related projects. Read the rest of this entry »
Building a house is an undertaking that should never be taken lightly; it requires sound project management skills.
ITToolkit.com, a technology website, defines Project Management as a set of principles, methodologies, procedures and practices used to ensure that a project will be built on time, on budget and as required. Just like any project, building a house must have specific goals, a clear beginning and end, assigned resources, and an organized sequence of activities, tasks and events. Read the rest of this entry »
Last Friday, I was finally told to pick up at Phivolcs the fault certification that I applied for Nuvali. But first, let me tell you about a blunder that I made in my last post, I hinted that the Valley Fault System appears distant from Nuvali based on the last image that I attached. I was wrong. Read the rest of this entry »
October of last year, upon a tip of a friend, I wrote in this site that there may be an active fault line that traverses part of Sta. Rosa. The image on the left below was released by the online version of ABS-CBN News showing the so-called Valley Fault System.
Please note that I have not forgotten about Nuvali’s master plan. But if we are to fully appreciate its master plan, it’s better that we look first at the National Capital Region and see what made it become what it is today.
I said previously that Nuvali’s master plan is geared towards achieving sustainability which is defined as forms of progress that meet the needs of the present without compromising the needs of the future to meet their needs.
True sustainability can only be achieved by simultaneously addressing and enhancing three factors: environmental, social and economic. It’s a fine balancing act which Metro Manila failed to achieve. Read the rest of this entry »
In my last post, I promised to write more about Nuvali. Sadly, these past few weeks has seen me suffer from “Nuvali fatigue.” For those who are waiting for my follow up feature on Nuvali, its draft is already half done and it shall be published. To ease the fatigue, I’ll write about something that I hope some will find worthwhile.
It’s true that it’s every Filipino’s dream to own a house. But more than dreaming, it’s imperative that you make a thorough examination of your financial position before you take the plunge. Read the rest of this entry »
Before going into Nuvali’s master plan, I think it’s important to study its location and topography first. Knowing these will indicate why Nuvali was master planned the way it was.
The following are Google Earth images that I edited to represent Nuvali. They are far from being complete and accurate and are only meant to facilitate the succeeding discussion. The outlines were based on available materials about Nuvali and plotted according to the visible images in Google Earth. Read the rest of this entry »
