Wednesday, August 21, 2013

Housing Developers convene on Aug. 28-29




By Cheneen R. Capon

Friday, July 19, 2013

THE Organization of Socialized Housing Developers of the Philippines (OSHDP) will hold its 4th National Convention on August 28-29 at the Marco Polo Hotel.
Sonny Ducay, OSHDP secretary general and convention chair, said they are expecting about 250 to 300 real estate developers and other practitioners advocating for socialized and low-cost housing. It will also be participated by various government agencies.
The Congress will be supported by the Housing and Urban Development Coordinating Council (HUDCC).
Ducay said the event will be also attended by the Vice President Jejomar Binay, concurrent chair of HUDCC.
Lawyer Christopher Ryan Tan, national president of OSHDP, said the four concerns of the real estate developers and advocates of low-cost and socialized housing will be discussed during the congress. These include permitting, financing, regulatory, and production.

Tan said new technology will be introduced to the participants which can be utilized to lower the cost of construction.
Speaking in Tuesday's Bizforum, Ducay said they are also set to discuss proposal to increase the pricing for vertical and horizontal housing unit.
The said proposal was submitted in October 2012 and is being reviewed by HUDCC and the National Economic and Development Authority.
Ducay said that for horizontal housing projects, a house and lot package, with the government mandated of 18 square meters as standard floor area, should be increased to P450,000 from P400,000.
For vertical housing projects, which include the low-rise and high rise condominium in National Capital Region (NCR), Metro Cebu and Metro Davao, it should be increased to a maximum price of P850,000, and P750,000 for the other highly-urbanized cities in the country .
"We arrived at the conclusion the price is no longer effective of the goods we obtained," said Tan.
He said that they need to put into consideration the increasing prices of construction materials, land to be utilized, as well as the value of the labor.
He said that they don't want to compromise the market with the use low quality construction materials.
He said if the proposal will be approved they will be able to help more the Aquino administration in achieving its goal.

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