On the Philippine Star: Low-ost Housing Developers Seek BOI Perks

MANILA, Philippines – Two property developers have filed applications with the Board of Investments (BOI) to qualify for incentives for their mass housing projects.

In a published notice, the BOI said P.A. Metro Residence Builders, Inc. (PAMRBI) “is applying for registration with the BOI as an expanding developer of low-cost mass housing project (East Residences-Ortigas II) with a capacity of 212 low-cost mass housing (condominium) units on a non-pioneer status with project site at Ciudad Grande II, Monaco Street, Ortigas Extension, Pasig City.”

Italpinas, Euroasian Design and Eco-Development Corp., meanwhile wants to qualify for incentives as an expanding developer of low cost mass housing project Primavera Residences Tower B, which is located at Pueblo De Oro Business Park in Cagayan de Oro City on a non-pioneer status.

The Primavera Residences Tower B will have a total capacity of 142 units.


More of the story here.

– Louella D. Desiderio

Featured by the Philippine Star, 25 April 2013