Showing posts with label REALTY. Show all posts
Showing posts with label REALTY. Show all posts

May 4, 2024

Velmiro Uptown CDO Celebrates Clubhouse Blessing and Turnover Ceremony

Exciting news for residents and future homeowners of Velmiro Uptown CDO! The modern community in Cagayan de Oro City by Cebu Landmasters Incorporated (CLI) recently celebrated a momentous occasion – the blessing of their clubhouse. This key milestone marks the official completion of the amenity center, offering residents a dedicated space for connection and enjoyment. 

Blessing the Path to Community

The event, held on May 4, 2024, commenced with a mass followed by a heartfelt blessing ceremony officiated by Father Nathan Lerio, Parish Priest of St. Francis Xavier. This act signified the importance of fostering a strong and positive atmosphere within the Velmiro Uptown community. 

Building Not Just Houses

The ceremony also featured a speech from Mr. Franco Soberano, Executive Vice President and COO of CLI. He emphasized the company's core value: building not just houses, but thriving communities. The clubhouse represents this commitment, providing a space for residents to gather, socialize, and build lasting connections. 

Partnership for Progress 

CDO City Councilour Girlie Balaba, representing City Mayor Rolando Klarex Uy, also graced the event. Councilour Balaba expressed gratitude to CLI for their partnership in the development of Cagayan de Oro City. Velmiro Uptown's presence not only offers modern living spaces but also contributes to the city's overall growth. 

Celebrating a Milestone 

The event included a symbolic house turnover ceremony, another significant step for the development. This act marked the official handover of a house to a homeowner, signifying the ongoing progress and the realization of Velmiro Uptown's vision. 

A Special Offering for Residents 

Following the ceremony, CLI offered a heartwarming gesture – free house blessings to residents whose homes were yet to be blessed. This act highlights CLI's commitment to the well-being and comfort of their residents, extending beyond the walls of the clubhouse. 

The blessing of the Velmiro Uptown CDO clubhouse signifies more than just the completion of an amenity. It represents CLI's dedication to fostering a vibrant and supportive community for its residents. With this new space, Velmiro Uptown residents can look forward to a more enriching and connected living experience.

May 6, 2022

Renting Vs Buying a House: What's Best for You?

Making housing decisions requires careful consideration especially since it can affect a great impact on our finances. A lot of couples would want to rent a house, others would also opt to buy one. Whatever it is, renting or buying a house depends entirely on the individual’s lifestyle. 

In many cases, contrary to conventional wisdom and societal pressure, renting can be a better option than owning. However, for some buying a house is something that they can have for a sense of stability and pride. 

However, before you decide whether to rent or buy, you need to consider your budget. Write down your financial and saving goals and see if you have enough money for your housing goals. Make sure that you don’t spend all your money on housing alone, but you still have enough to spend for other family needs and save for retirement.

Here are some things to keep in mind as you weigh the benefit of renting against the benefits of owning and see which is a better fit for you.

Renting a House

One of the benefits of renting a house is there are no maintenance costs. Although you may not be able to personalize the house design, your landlord is generally the one who is in charge of repairs. Here in the Philippines, the maintenance costs are shouldered by the landlord and are deducted from the monthly rent. 

Moreover, if you are renting a house, down payments are less compared to buying. Most landlords would require a one-month advance pay and a one-month security deposit. These deposits are returned to you when you moved out, provided that you haven’t made major damages to the property you are renting.

If you plan to move from one place to another or change jobs in the future, renting is a better option for you as it is easier for you to relocate. However, this would also mean that you can be evicted any time when the landlord decides to sell or use the property. 

Lastly, if you are renting you will be able to plan your finances wisely as you will only have to pay for a fixed monthly rent. Although your rent might increase the following year, you still have the opportunity to budget your money wisely. 

Buying a House

Buying a house can be the best investment you can make in your entire lifetime. Although the process of owning one can be challenging, the many benefits you can have can be worthwhile. 

When you buy a house, you are building equity for your home and potentially see your home appreciate its value. This means you can increase your personal wealth and use the resources for your other needs.

Moreover, buying a house gives you living security. Compared to renting, you may eventually be evicted by the landlord at any given time, while owning one gives you security because you own the house. Also, you have the freedom to make decisions about the look and design of your living space.

Owning a house comes with a lot of expenses, like mortgage payments and rates, taxes, and many others. However, you can still have control over these expenses by estimating payments of your mortgages as well as other expenses. You may also opt to get a fixed home loan so you can manage your finances wisely.

What’s Best for You?

The decision is totally up to you. The decision basically depends on your lifestyle and most of all your financial situation. After all, renting or buying a house is a financial commitment that requires you to plan ahead.

Apr 21, 2015

SMART Living at SMART Condominium CDO

Kagay-anons can now experience a Korean luxury style condominium located at Uptown Cagayan de Oro City. 

SMART Condominium is a 6-storey building developed by Yega Development Corporation which features the art of SMART living. 
The engineers working behind SMART Condominium. 
The five letters of the word S.M.A.R.T stands for the features of this state-of-the art condominium. 

S (Safety and Security) This condominium is fully automated with fire alarm and control systems. It also features a key-card access to floor levels and biometrics/RF Ids to individual condo units. Devices and technologies used are powered by Samsung. 

M (Money’s Worth Investment) Price for a single unit starts at 1.49M giving you the assurance that your home will be flood free. 

A (Affordable Luxury) It is situated very near to Pueblo Golf Course, Xavier University and SM City. 

R (Relaxing Life Style) It has a beautiful sky garden and swimming pool located at the penthouse level. 

T (Technology Meant to Serve You) It uses the latest advancements in house automation and proven technologies for your ultimate comfort and convenience.

For more inquiries about SMART Condominium CDO, you can check out their model house at SM CDO. You can also visit their Facebook page here.