2017

Carpe Diem! On the 7th of December 2017, I was given the great privilege to speak at the Megaworld International Sales Division’s annual event, which happened at their new high-tech office at the Alliance Global Tower in Bonifacio Global City. The event was a gathering of the top sales executives from the different countries where Megaworld deployed its sales force. Present were Filipino...

There was an unidentified force that compelled me to write this article today. If you could see my previous write-ups, things have been sporadic, with my last article being published last September 20, 2017. On a digital marketing point of view, that exercise was, and still is, irresponsible, I know, but I couldn’t help it. I was either bored in completing an article or was too engrossed in doing some...

Here's a great article I chanced upon reddit today. It supplements my conclusion to the thought-experiment I made yesterday: Bitcoin & Blockchain Tech For Philippine Real Estate I'm reposting it here for the benefit of everybody....

This evening, I figured it is worth sharing with the TREGP readers and the Philippine real estate community about my personal opinion on the Bitcoin & Blockchain tech to real estate connection. In every public speaking engagement that I make, I always try to introduce Bitcoin. To get things started, history was made in Austin, Texas when a house was purchased purely via Bitcoin: First...

Yesterday, 15th of July 2017, I was given the opportunity to speak in Lamudi’s Housing Fair conducted at the Glorrieta Activity Center. I shared my thoughts and knowledge about the pre-selling market and how potential investors can take advantage of condo developments at this particular phase. It was fun discussing how and why a pre-selling condo  is considered as “concrete gold” and how it...

PRESIDENTIAL DECREE NO. 957 Subdivision and Condominium buyer's Protective Decree (as amended by P.D. 1216) REGULATING THE SALE OF SUBDIVISION LOTS AND CONDOMINIUMS, PROVIDING PENALTIES FOR VIOLATIONS THEREOF WHEREAS, it is the policy of the State to afford its inhabitants the requirements of decent human settlement and to provide them with ample opportunities for improving their quality of...

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City December 27, 2002 REVENUE REGULATIONS NO. 7-2003 SUBJECT: Providing the Guidelines in Determining Whether a Particular Real Property is a Capital Asset or an Ordinary Asset Pursuant to Section 39(A)(1) of the National Internal Revenue Code of 1997 for Purposes of Imposing the Capital Gains Tax under Sections...

BIR REVENUE REGULATIONS NO. 13-2011 SECTION 1. Scope. — Pursuant to the provisions of Sections 244 and 245 of the National Internal Revenue Code (NIRC) of 1997, as amended, in relation to Section 22 of Republic Act No. 9856 (Act) otherwise known as the “Real Estate Investment Trust Act of 2009,” these Revenue Regulations are hereby promulgated to implement the tax provisions of the Act. SECTION...

Republic of the Philippines SECURITIES AND EXCHANGE COMMISSION SEC Building, EDSA, Greenhills Mandaluyong City IMPLEMENTING RULES AND REGULATIONS OF THE REAL ESTATE INVESTMENT TRUST (REIT) ACT OF 2009 Pursuant to Section 22 of Republic Act No. 9856, An Act Providing the Legal Framework for Real Estate Investment Trust, the following Implementing Rules and Regulations are hereby promulgated. Rule 1 -...

Brief History REITs was created in 1960 under the government of US President Dwight Eisenhower. In comparison, the first formal Stock Exchange was established in Amsterdam in 1602. That makes REITs relatively young at 57 years old, the same age as our previous president, Nonoy Aquino, while the Stock Exchange is already 415 years old. To put things in perspective, the great Filipino hero, Jose...