Gensan Properties by Mark Macalam
We can help you find your IDEAL PROPERTY for BUSINESS,RESIDENTIAL, COMMERCIAL in SOCKSARGEN .
2-STOREY RESIDENTIAL BUILDING w/ Balcony, FULLY FURNISHED
Lot Area: 100sqm
Total Floor Area: 85sqm
Clean Title
Specs:
Quarts counter top
✔️Modular cabinet
✔️3 bedrooms
✔️ 2 Toilet and Bath (t&b)
✔️ Seamless windows
✔️ Narra Wood Main door
✔️dogcage
✔️Hot and cold shower in Masters bedroom t&b
✔️ tempered glass door in Master’s bedroom t&b
✔️ Parking space inside
✔️ 8channels CCTV
Inclusions:
Front load washing machine
2 1.5hp slip type aircon
1 window type aircon
Side by side refrigerator
Electric fan
Sound system
Dining table
Sofa
Bed foam and frame
70” TV
42” TV at Masters bedroom
If may makita si buyer na gusto i repair/retouch sa house, this is free of charge.
PRICE: Php 6,500,000.00
SCT-23845208
Send me a dm or Call me for smooth transaction
0905 563 0060 whats app or viber
🎉 Exciting News! 🌟 Gensan Properties is thrilled to announce its expansion under the leadership of Mark Macalam. Get ready for innovative property solutions and exceptional service as we move forward into this new chapter! 🏡 #
𝗡𝗢 𝗥𝗘𝗦𝗘𝗥𝗩𝗔𝗧𝗜𝗢𝗡 𝗙𝗘𝗘 𝗣𝗥𝗢𝗠𝗢❗
Just pay directly the first monthly equity / downpayment starting at
Php 7,900 only.
Soon to rise at the heart of DAVAO.
Located at Corner Cabantian and Indangan Road, Buhangin, Davao City📍
Key points of investing:
🔸2 High-end Malls are just a few steps away.
🔸Accessible to transportation.
🔸Few km away feom the airport.
🔸Sitting in a Prime Real Estate location.
🔸100% wiredsafe.
🔸All units with Balcony
🔸Superb Amenities
🔸Near Police Station, Hospital, Public School and Market.
🔸Near BPO Facilities.
Message us for a sample computation and list of requirements to get a unit.
Message me!
https://m.me/mark.macalam.108
09055630060.09078854865
𝐎𝐰𝐧 𝐚 𝐜𝐨𝐧𝐝𝐨 𝐮𝐧𝐢𝐭 𝐰𝐚𝐥𝐤𝐢𝐧𝐠 𝐝𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐭𝐨 𝐋𝐚 𝐒𝐚𝐥𝐥𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐡𝐞𝐚𝐫𝐭 𝐨𝐟 𝐃𝐚𝐯𝐚𝐨 𝐆𝐥𝐨𝐛𝐚𝐥 𝐓𝐨𝐰𝐧𝐬𝐡𝐢𝐩. 𝐋𝐨𝐜𝐚𝐭𝐞𝐝 𝐚𝐭 𝐌𝐚𝐜 𝐀𝐫𝐭𝐡𝐮𝐫 𝐇𝐢𝐠𝐡𝐰𝐚𝐲 𝐌𝐚𝐭𝐢𝐧𝐚 𝐃𝐚𝐯𝐚𝐨 𝐂𝐢𝐭𝐲.
HUGE PRICE DROP❗
SELLING THIS PROPERTY WITH HIGH PROFITABLE BUSINESS STILL OPERATIONAL AVERAGE 30-50K DAILY SALES.
Located at Sto. Nino South Cotabato
From 18M, now selling for only Php10M!
Contact Mark Macalam
09055630060 / 09078854865
RFS MIGRATING. No one can manage the business anymore.
😊JUST A REMINDER TO ALL
WHY U SHOULD START INVESTING NOW ✨
2018 - problema nimo balay🏡. May ara pre selling Pero mahalan ka or layuan ka. 🏘️🏠🏡
2019 - problema gihapon nimo balay🏠 ang 1m before ng increase na ang value na 2m na.
2021 - problema gihapon nimo ang balay ang value na 1M from 2018 nag 2m pagka 2019 karon pagka 2021 4m na ang value sang balay 🏘️
Months & years really matter in Real estate investment. 🏠
✔️Here's the Hint:
If you invest in a Pre-selling Stage or under-developed Subdivision; the price is still low! So, we encourage you to Invest early.
After 3-4 years, the Subdivision is fully developed and your house is Ready for Occupancy (RFO).
The current price multiplies its value from Pre-selling. Also you can offer it for resell and you get twice the profit! 🤩
Basi mabudlayan kana or manugonan ka kon indi kna ma grant sng long term loan sa bank or sa pag ibig kon nagaedad kna...amo gni nga mintras temprano pa maggkuha na👍
Invest now.
JUST LISTED!
𝟭𝟰-𝗗𝗼𝗼𝗿 𝗕𝗼𝗮𝗿𝗱𝗶𝗻𝗴 𝗛𝗼𝘂𝘀𝗲 𝗦𝗲𝗹𝗹𝗶𝗻𝗴 𝗳𝗼𝗿 𝗼𝗻𝗹𝘆 𝟭𝟮𝗠!
718sqm Lot Area
14 Bedroom with 2 bunk beds each room
Kitchen | Dining
For HIS 3 CR & 4 Shower
For HER 3 CR & 4 Shower
For HIS Clothes Drying Area
For HER Clothes Drying Area
Internet Room w/ 16 piso net units
Public toilet
Recreation Areas
Caretakers Room
With Clean Title and complete building docs
200m away from highway
Monitored by CCTV
With Fire Alarms and push buttons installed in the kitchen and recreational area
Fire extinguishers situated in the kitchen and recreational area
Call Mark Macalam for ocular visit of the property:
09078854865 • 09055630060
SCT-31696
𝐈𝐧𝐜𝐨𝐦𝐞 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐢𝐬 𝐟𝐨𝐫 𝐒𝐚𝐥𝐞.
𝐋𝐨𝐜𝐚𝐭𝐞𝐝 𝐚𝐭 𝐏𝐨𝐛𝐥𝐚𝐜𝐢𝐨𝐧,𝐒𝐭𝐨 𝐍𝐢𝐧𝐨 𝐒𝐨𝐮𝐭𝐡 𝐂𝐨𝐭𝐚𝐛𝐚𝐭𝐨
300sqm lot (20 meters frontage)
TITLED Commercial/Residential Two Storey Property,
4 Bedrooms (2ndfloor) ,
1T&B, Living & Dining Area Ground Floor
1 washroom and commercial space groundfloor.
With improvements. Existing Agrivet business with roll up.
Inclusive of all stocks/supplies and machineries.
𝐈𝐧𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐨𝐟 𝐚𝐥𝐥 𝐬𝐭𝐨𝐜𝐤𝐬/𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐬 𝐚𝐧𝐝 𝐦𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐢𝐞𝐬.
𝐖𝐢𝐭𝐡𝐢𝐧 𝐰𝐚𝐥𝐤𝐢𝐧𝐠 𝐝𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐭𝐨 𝐏𝐮𝐛𝐥𝐢𝐜 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐏𝐮𝐛𝐥𝐢𝐜 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐚𝐧𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐇𝐢𝐠𝐡𝐰𝐚𝐲.
Get your ROI fast, may bahay ka na, may negosyo ka pa!
Selling Price Php18M
CGT & RPT : Seller
Transfer Tax, Notarial Fees, Doc Stamps : Buyer
SCT 31543
https://filipinohomes.com/detail/Commercial-Building-for-sale/mqSeoqg=
Mark Macalam
REB 0020364
For inquiries call/txt: 09484655177 / 09167893749
𝟐,𝟗𝟎𝟕sqm 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐢𝐧 𝐓𝐨𝐫𝐢𝐥 𝐏𝐨𝐛𝐥𝐚𝐜𝐢𝐨𝐧
𝐀𝐥𝐨𝐧𝐠 𝐌𝐚𝐢𝐧 𝐫𝐨𝐚𝐝
𝐀𝐥𝐨𝐧𝐠 𝐛𝐚𝐫𝐚𝐧𝐠𝐚𝐲 𝐫𝐨𝐚𝐝 𝐚𝐭 𝐭𝐡𝐞 𝐛𝐚𝐜𝐤 𝐩𝐨𝐫𝐭𝐢𝐨𝐧 𝐨𝐟 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲
𝐍𝐨𝐭 𝐟𝐥𝐨𝐨𝐝𝐞𝐝
𝐂𝐥𝐞𝐚𝐧 𝐭𝐢𝐭𝐥𝐞
𝟓𝟎𝟎 𝐦𝐞𝐭𝐞𝐫𝐬 𝐟𝐫𝐨𝐦 𝐡𝐢𝐠𝐡𝐰𝐚𝐲
𝐈𝐝𝐞𝐚𝐥 𝐟𝐨𝐫 𝐂𝐨𝐧𝐝𝐨𝐦𝐢𝐧𝐢𝐮𝐦 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬
𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐮𝐫𝐢𝐧𝐠
𝐌𝐚𝐥𝐥
𝐖𝐚𝐫𝐞𝐡𝐨𝐮𝐬𝐞
𝐇𝐢𝐠𝐡 𝐞𝐧𝐝 𝐒𝐮𝐛𝐝𝐢𝐯𝐢𝐬𝐢𝐨𝐧
𝟔𝟓,𝟎𝟎𝟎,𝟎𝟎𝟎
𝐭𝐡𝐚𝐭𝐬 𝟐𝟐,𝟑𝟓𝟗.𝟖𝟐 𝐩𝐞𝐫 𝐬𝐪𝐦
𝐥𝐚𝐭𝐞𝐬𝐭 𝐩𝐫𝐢𝐜𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐚𝐫𝐞𝐚 𝟐𝟓,𝟎𝟎𝟎-𝟐𝟖,𝟎𝟎𝟎 𝐩𝐞𝐫 𝐬𝐪𝐦
𝐃𝐃𝐒-𝟑𝟏𝟒𝟗𝟐
𝐅𝐨𝐫 𝐢𝐧𝐪𝐮𝐢𝐫𝐢𝐞𝐬'
𝐂𝐚𝐥𝐥
𝐌𝐚𝐫𝐤 𝐌𝐚𝐜𝐚𝐥𝐚𝐦
𝐑𝐄𝐁 𝟎𝟎𝟐𝟎𝟑𝟔𝟒
𝟎𝟗𝟎𝟕 𝟖𝟖𝟓 𝟒𝟖𝟔𝟓 / 𝟎𝟗𝟎𝟓 𝟓𝟔𝟑 𝟎𝟎𝟔𝟎
𝐟𝐛 𝐌𝐚𝐫𝐤 𝐌𝐚𝐜𝐚𝐥𝐚𝐦
𝐞𝐦𝐚𝐢𝐥. 𝐦𝐚𝐜𝐚𝐥𝐚𝐦.𝐦𝐚𝐫𝐤𝐣𝐚𝐬𝐨𝐧@𝐠𝐦𝐚𝐢𝐥.𝐜𝐨𝐦
This is where the saying "OUR LOSS, YOUR GAIN" comes to a Real Deal.
This two (2) hectares industrial lot is Fully Fenced and have the following;
🌿 BUILDING with MACHINERIES 🌿
✅1 set RICEMILL
✳️1 unit Whitener Machine
✳️1 unit Mist Polish Machine
✳️1 unit Sorter Machine
✳️Rate: 70 sacks/hour
✅3 units Mechanical Drier
✳️30tons Capacity each unit
✳️Automatic Rice Hull Fuel
✅4 units Hammer Mill
✳️ Driven by 60hp Electric Motor each unit
✳️ Rate: 7 sacks of Hammer/hour each unit
🏘️ Facilities 🏘️
✅ 1 House
✅ 2 Office with Household Extension
✅ 5 Rooms for Employee
✅ 1 Storage Facility
✅ 800m² Solar Drier
✅1 Guard Post
✅3 phase Electricity Supply
✅167kVA Transformer (Active)
✅175kVA Transformer (Not Used)
Extension: 3/4 hectare (vacant) lot area outside the 2 hectares is also included in this offer.
Note: These mentioned facilities, buildings and machineries are functional and consumed approximately 50% - 60% of the two (2) hectares enclosed land area.
150M negotiable
SCT 30199
For details and inquiries
Mark Jason Macalam
REB 0020364
09055630060/09078854865
https://www.filipinohomes.com/mark-jason-macalam
FUTURA HOMES KORONADAL
𝗟𝗼𝗰𝗮𝘁𝗲𝗱 𝗮𝗹𝗼𝗻𝗴 𝗡𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗛𝗜𝗚𝗛𝗪𝗔𝗬 𝗕𝗥𝗚𝗬. 𝗖𝗢𝗡𝗖𝗘𝗣𝗖𝗜𝗢𝗡 𝗞𝗢𝗥𝗢𝗡𝗔𝗗𝗔𝗟 𝗖𝗜𝗧𝗬!
Nearby Landmarks
➡️100m to BIR Regional office
➡️800m to Allah Valley Hospital
➡️900m to Koronadal City Hall
➡️1.1km to Del Rio Splash Resort
➡️2km to Gaisano Grand Mall
➡️3.4km to Marbel School of Science & Tech.
➡️4km to KCC Mall of Marbel
➡️4.2km to Christ the King Cathedral
➡️4.4km to Koronadal Public Market
➡️4.4km to Notre Dame of Marbel University
➡️5.1km to South Cotabato Provincial Hospital
Enjoy complete amenities and many more.
✅Luxury Swimming pool
✅Big Clubhouse
✅Basketball court/Tennis court
✅Kids Playground
✅Pavilion
✅Landscaped Pathway
✅Three Guardhouse offering 24/7 security
We have three house model.
✓Single attached
✓Duplex
✓Townhouse
Sample computation:
Blk 27 Lot 8
Single Attached
Lot Area 84sqm
Total Contract Price: Php 2,570,700
Res.fee: Php 20K
Monthly DP for 18mos. Php13, 710.55
Bal.loamable amount Php 2,313,630
Est. Month amort for 15yrs 24,862.39
Blk 26 Lot 7
Duplex
Lot Area 84sqm
Total Contract Price: Php 2,428,900.00
Res.fee: Php 20K
Monthly DP for 18mos. Php12,382.77
Bal.loanable amount Php 2,186,010
Est. Month amort for 15yrs 23,490.47
Blk 25 Lot 14
Townhouse End Unit
Lot Area 78.40sqm
Total Contract Price: Php 2,122,900
Res.fee: Php 20K
Monthly DP for 18mos. Php 10,682.66
Bal.loanable amount Php 1,910,610
Est. Month amort for 15yrs 20,531.61
Blk 20 Lot 13
Townhouse Inner Unit
Lot Area 57.60
Total Contract Price: Php 1,984,000
Res.fee: Php 20K
Monthly DP for 18mos. Php 9,911.11
Bal.loanable amount Php 1,785,600
Est. Month amort for 15yrs 19,188.15
𝗩𝗘𝗟𝗠𝗜𝗥𝗢 𝗚𝗥𝗘𝗘𝗡𝗦 𝗣𝗔𝗡𝗚𝗟𝗔𝗢 𝗕𝗢𝗛𝗢𝗟
𝐑𝐞𝐬𝐞𝐫𝐯𝐞𝐝 𝐧𝐨𝐰! 𝐟𝐨𝐫 𝐨𝐧𝐥𝐲 𝟓𝐤! 𝐚𝐧𝐝 𝐠𝐞𝐭 𝟓𝟎,𝟎𝟎𝟎 𝐰𝐨𝐫𝐭𝐡 𝐨𝐟 𝐆𝐂 𝐌𝐚𝐧𝐝𝐚𝐮𝐞 𝐅𝐨𝐚𝐦!!
Turn over date 2023🤩 We have few units left, Php 7,300 monthly downpayment.
Location: Daui Panglao Bohol
👉350m from Iglesia ni Cristo (1 min)
👉1.2km from Biking Elementary School (2 mins)
👉1.4km from Biking del Carmen Chapel (2 mins)
👉2km from Sherwood Bay Resort & Dive School (5 mins)
👉2.7km from Bohol Bee Farm (5 mins)
👉8km from Hinagdanan Cave (12 mins)
👉10km from Bohol Beach Club (12 mins)
👉10.7km from Holy Name University (15 mins)
👉11.9km from Tagbilaran Wharf (20 mins)
👉12km from Tagbilaran Airport (22 mins)
👉12km from Island City Mall (22 mins)
Msg me for assistance. Easy Reservation Requirements Php 10K only.
Sheena Ramos Macalam 📞+639484655177
Mark Macalam ,REB 📞+639055630060
𝗢𝗽𝗲𝗻 𝗳𝗼𝗿 𝗼𝘂𝗿 𝗠𝘂𝘀𝗹𝗶𝗺 𝗕𝗿𝗼𝘁𝗵𝗲𝗿𝘀 𝘁𝗼𝗼.
Futura Homes Koronadal House Models
Single Attached Units
w/ 84sqm Lot Area
& 43sqm Floor Area
Duplex Units
w/ 84sqm Lot Area
& 43sqm Floor Area
TownHouse (inner & end)
W/ 50sqm or 98sqm
& 43 sqm Floor Area
Provisions for all Models:
* 2 BR
* Living Room
* Dining Room
* Toilet & Bath
Project Theme: Modern Minimalist
Location: Brgy. Conception, Koronadal City
Project Amenities:
* Swimming Pool w/ pool deck
* Club house
* Gate & Guard House w/ 24 hours Security
* Playground
* Pavilion
* Court
We are always ready to assist you! 🙂
For inquiries:
Mark Jason C. Macalam
R.E.B License No.0020364
📲09078854865 / 09055630060
Take Care & Keep Safe Everyone
𝐅𝐨𝐫 𝐬𝐚𝐥𝐞 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐋𝐨𝐭 𝐀𝐥𝐨𝐧𝐠 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐇𝐢𝐠𝐡𝐰𝐚𝐲
6.5 Hectares Lot. Titled.
Along National highway Polomolok
118 meters frontage
Ideal for Industrial Building
Warehouse
Highend residential subdivision
Mall
Price: Php 1,500 per sqm.
SCT 30552
𝐂𝐚𝐥𝐥
𝐌𝐚𝐫𝐤 𝐌𝐚𝐜𝐚𝐥𝐚𝐦'
𝐑𝐄𝐁 𝟎𝟎𝟐𝟎𝟑𝟔𝟒
𝟎𝟗𝟎𝟓𝟓𝟔𝟑𝟎𝟎𝟔𝟎/𝟎𝟗𝟎𝟕𝟖𝟖𝟓𝟒𝟖𝟔𝟓
🌾🌾𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐋𝐨𝐭🌾🌾
This is where the saying "OUR LOSS, YOUR GAIN" comes to a Real Deal.
This two (2) hectares industrial lot is WALLED and have the following;
🌿 BUILDING with MACHINERIES 🌿
✅1 set RICEMILL
✳️1 unit Whitener Machine
✳️1 unit Mist Polish Machine
✳️1 unit Sorter Machine
✳️Rate: 70 sacks/hour
✅3 units Mechanical Drier
✳️30tons Capacity each unit
✳️Automatic Rice Hull Fuel
✅4 units Hammer Mill
✳️ Driven by 60hp Electric Motor each unit
✳️ Rate: 7 sacks of Hammer/hour each unit
🏘️ Facilities 🏘️
✅ 1 House
✅ 2 Office with Household Extension
✅ 5 Rooms for Employee
✅ 1 Storage Facility
✅ 800m² Solar Drier
✅1 Guard Post
✅3 phase Electricity Supply
✅167kVA Transformer (Active)
✅175kVA Transformer (Not Used)
Extension: 3/4 hectare (vacant) lot area outside the 2 hectares is also included in this offer.
Note: These mentioned facilities, buildings and machineries are functional and consumed approximately 50% - 60% of the two (2) hectares enclosed land area.
SCT - 30199
Call us for details.
09055630060/09078854865
Mark Jason C. Macalam
R.E.B License No.0020364
DHSUD-CVR-15-0712
𝐖𝐇𝐀𝐓 𝐇𝐀𝐏𝐏𝐄𝐍𝐒 𝐓𝐎 𝐘𝐎𝐔𝐑 𝐂𝐎𝐍𝐃𝐎 𝐀𝐅𝐓𝐄𝐑 𝟓𝟎 𝐘𝐄𝐀𝐑𝐒?
Is it true that your condominium's lifespan is set at 50 years? Learn the truth behind this statement to help you decide on whether or not to buy your own condo unit?
Planning to buy a condominium unit? Having some reservations at first is normal. But if one of the things bothering you is your condo’s lifespan, then you can breathe a sigh of relief now because your unit won’t be taken away from you after 50 years.
𝙊𝙣𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙢𝙤𝙨𝙩 𝙘𝙤𝙢𝙢𝙤𝙣 𝙢𝙮𝙩𝙝𝙨 𝙨𝙪𝙧𝙧𝙤𝙪𝙣𝙙𝙞𝙣𝙜 𝙗𝙪𝙮𝙞𝙣𝙜 𝙘𝙤𝙣𝙙𝙤𝙨 𝙞𝙨 𝙩𝙝𝙖𝙩 𝙚𝙫𝙚𝙧𝙮 𝙘𝙤𝙣𝙙𝙤𝙢𝙞𝙣𝙞𝙪𝙢 𝙞𝙣 𝙩𝙝𝙚 𝙋𝙝𝙞𝙡𝙞𝙥𝙥𝙞𝙣𝙚𝙨 𝙤𝙣𝙡𝙮 𝙝𝙖𝙨 𝙖 𝙡𝙞𝙛𝙚𝙨𝙥𝙖𝙣 𝙤𝙛 50 𝙮𝙚𝙖𝙧𝙨. After that, the building will be demolished, putting your investment to waste.
But a close reading of the Republic Act 4726, also known as the 𝘾𝙤𝙣𝙙𝙤𝙢𝙞𝙣𝙞𝙪𝙢 𝘼𝙘𝙩 𝙤𝙛 𝙩𝙝𝙚 𝙋𝙝𝙞𝙡𝙞𝙥𝙥𝙞𝙣𝙚𝙨, reveals that several factors dictate what the fate of your unit will be after 50 years.
Let’s end all speculations, once and for all. Here are three facts about a condominium’s lifespan derived from RA 4726:
𝐅𝐀𝐂𝐓 #𝟏: 𝐖𝐡𝐞𝐧 𝐲𝐨𝐮 𝐛𝐮𝐲 𝐚 𝐜𝐨𝐧𝐝𝐨𝐦𝐢𝐧𝐢𝐮𝐦 𝐮𝐧𝐢𝐭, 𝐲𝐨𝐮 𝐛𝐞𝐜𝐨𝐦𝐞 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐚 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧.
A condominium corporation owns the land where your condominium is built. As a unit homeowner, you can think of yourself as a shareholder of that corporation. It’s the same as having a homeowners association in landed housing developments.
Shareholders possess the same right and voting power as other unit owners or shareholders. You can vote on issues like repainting common areas, changing the swimming pool tiles, or upgrading the facilities in the in-house gym.
Similarly, you can also vote on issues surrounding the fate of your condominium after 50 years. Remember that it’s a collective decision of more than 50% of homeowners at the very least, not just one individual deciding on everything.
𝐅𝐀𝐂𝐓 #𝟐: 𝐀 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧’𝐬 𝐥𝐢𝐟𝐞𝐬𝐩𝐚𝐧 𝐢𝐬 𝟓𝟎 𝐲𝐞𝐚𝐫𝐬, 𝐛𝐮𝐭 𝐢𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐫𝐞𝐧𝐞𝐰𝐞𝐝.
Your condominium doesn’t have a lifespan, but the corporation managing it has one. In the Philippines, 50 years is the lifespan of all companies and corporations, big or small.
However, the corporation can still be renewed for another 50 years, so your condominium ownership does not necessarily end at that point.
𝐅𝐀𝐂𝐓 #𝟑: 𝐓𝐡𝐫𝐞𝐞 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐟𝐮𝐥𝐟𝐢𝐥𝐥𝐞𝐝 𝐭𝐨 𝐝𝐞𝐜𝐥𝐚𝐫𝐞 𝐚 𝐜𝐨𝐧𝐝𝐨𝐦𝐢𝐧𝐢𝐮𝐦 𝐮𝐧𝐢𝐧𝐡𝐚𝐛𝐢𝐭𝐚𝐛𝐥𝐞.
Here’s what the law says exactly about your condominium’s future after 50 years:
“That project has been in existence in excess of 50 years; that it is obsolete and uneconomic, and that condominium owners holding in aggregate more than fifty percent interest in the common areas are opposed to repair or restoration or remodeling or modernizing of the project.”
Many people believe that this clause already implies that a condominium has a set lifespan of 50 years, but carefully reading it shows that the condominium should fulfill three requirements to be declared uninhabitable.
✅ It should exist for at least 50 years.
✅ It should already be obsolete and uneconomical.
✅ The owners should be opposed to any repair or restoration that can be done in the condominium.
It means that even if the condominium is already 50 years old, it doesn’t necessarily have to be obsolete and uneconomical. It’s on a case-by-case basis. A majority of today’s condominium developers construct condos using high quality and durable materials so that they won’t give in to ordinary wear and tear. 𝘼𝙙𝙫𝙖𝙣𝙘𝙚𝙙 𝙩𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙞𝙚𝙨 𝙖𝙧𝙚 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙞𝙣𝙜𝙡𝙮 𝙥𝙪𝙩 𝙩𝙤 𝙪𝙨𝙚, 𝙨𝙤 𝙢𝙤𝙙𝙚𝙧𝙣 𝙘𝙤𝙣𝙙𝙤𝙨 𝙬𝙞𝙡𝙡 𝙡𝙞𝙠𝙚𝙡𝙮 𝙨𝙩𝙞𝙡𝙡 𝙗𝙚 𝙞𝙣 𝙜𝙤𝙤𝙙 𝙨𝙝𝙖𝙥𝙚 𝙚𝙫𝙚𝙣 𝙖𝙛𝙩𝙚𝙧 50 𝙮𝙚𝙖𝙧𝙨.
And as previously mentioned, you’re a shareholder of your condominium corporation. Your vote—and other shareholders’ votes as well—matter. If only less than 50% of homeowners vote to demolish the building, then demolition won’t push through.
And even if your condo corporation decides to push through with the demolition, this usually means that the property will be sold first to another land developer. As a condo owner, you’re 𝘦𝘯𝘵𝘪𝘵𝘭𝘦𝘥 𝘵𝘰 𝘨𝘦𝘵 𝘢 𝘴𝘩𝘢𝘳𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘴𝘢𝘭𝘦. Imagine the price of that land after so many years!
So, if this 50-year fallacy is the only thing that’s holding you back from investing in a condominium unit, then reading this should ease your fears and apprehensions. 𝙄𝙣𝙫𝙚𝙨𝙩 𝙞𝙣 𝙮𝙤𝙪𝙧 𝙙𝙧𝙚𝙖𝙢 𝙘𝙤𝙣𝙙𝙤 𝙞𝙣 𝙩𝙝𝙚 𝙋𝙝𝙞𝙡𝙞𝙥𝙥𝙞𝙣𝙚𝙨 𝙩𝙤𝙙𝙖𝙮 𝙖𝙣𝙙 𝙩𝙖𝙠𝙚 𝙖𝙙𝙫𝙖𝙣𝙩𝙖𝙜𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙥𝙤𝙩𝙚𝙣𝙩𝙞𝙖𝙡 𝙧𝙚𝙩𝙪𝙧𝙣𝙨 𝙘𝙤𝙢𝙞𝙣𝙜 𝙮𝙤𝙪𝙧 𝙬𝙖𝙮.
JUST LISTED!
Fully Furnished House and Lot with outdoor Lanai
Price: Php 5M only
Location: Issabella Homes Extension, Nuñez St., Brgy. San Isidro, General Santos City
✔️401sqm Lot Area • 110sqm Floor Area
✔️3 Bedrooms
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SCT-29092
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More or less 185sqm lot for Sale located in Public Market Poblacion Tboli South Cotabato. Beside Glowon suite and Resto.
Clean Title
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✓ Apartment
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Mark Jason C. Macalam
R.E.B License No.0020364
📲09078854865 / 09055630060
More or Less 185 sqm lot for sale located in Public Market Poblacion Tboli South Cotabato.
Just beside Glowon Suite and Resto.
Clean Title. Along market road, ideal for warehouse, commercial/residential purposes/apartment.
For inquiries and property viewing, call or text:
MARK JASON C. MACALAM, REB
09955630060 / 09078854865
[email protected]
https://filipinohomes.com/detail/COMMERCIAL-LOT-FOR-SALE-WITHIN-PUBLIC-MARKET-TBOLI-SOUTH-COTABATO/mayZoaU=
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Primeworld Capital is NOW OPEN FOR RESERVATION✨
📍Location: Near NDDU Engineering and Technology Campus, Glamang Polomolok, South Cotabato
For as low as 6K per month only.
WHY INVEST in Primeworld Capital?
NEAR to all Incoming Projected Projects:
☑️Polytechnic University here in General Santos City
☑️NDDU Engineering Department
☑️Camella
☑️Agan
☑️Santa Lucia Subdivision .. And so much more to look forward to in this area.
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Two (2) valid Id's (client)
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