Fernwood Parkhomes

Located at:
Mabalacat, Pampanga

Project Profile:

Percentage of Completion: 55.89%

Building your dream house at Fernwood Parkhomes is truly a privilege that only a few can avail of. When you want REAL value for your money, this is the place to be. At Fernwood Parkhomes, nothing is compromised. This project is a joint venture with the prominent clan of the Prietos, owner of Mayen Development Corp./Mayleen Paper, Inc., and masterplanned by Palafox Associates. Strategically located along the Mabalacat-Tarlac Provincial Road, your new home is just 1 km away from Sta. Ines exit. You have direct and easy access to Clark Air base shopping center and recreational facilities.

Features & Amenities:

� Main entry gate with guardhouse
� Landscaped parks
� Multipurpose playcourt
� Clubhouse
� Swimming pool

Project Highlights:

� 15-hectare mid-cost residential cum commercial development (approximately 700 residential lots)
� Landowner: Mayen Development Corp. / Mayleen Paper, Inc. (The Prietos of the Daily Inquirer Group of Companies)
� Located along the Mabalacat-Tarlac Provincial Road
1 km away from Sta. Ines exit
� Easy access to Clark Air base shopping center & recreational facilities
� Just a stone�s throw away from the proposed site of the new Municipal Hall
� Accessible to schools, such as U.P. (Clark) and Dau Elementary School
� About 15 minutes away from Holy Angel University, Holy Family Academy, & Angeles University Foundation

Concept of Development:

� Floor Area: 200 sqm

Pricing:

View Pricing here...

Select a Project

We Love to Hear From you

E.H. Agapito Realty
493 - A Sto. Domingo, Sto. Rosario, A.C.

email us:
ehagapito@yahoo.com

Mobile No:
0918-936-9631

Tel. No:
(045) 887-0854

Our office is open thru:
Monday to Saturday
from 8am-6pm

News Feed

Senate OKs Real Estate Act

The Senate, by a unanimous vote, approved on third and final reading Monday, Senate Bill 2063, to be known as the Real Estate Service Act (RESA), designed to professionalize the real estate industry, Senate President Juan Ponce Enrile said yesterday.

Enrile said the measure, once enacted into law, would help increase the contribution of the real estate industry to the economic progress and stability in the country by professionalizing its practitioners.

The complete title of the bill is An Act Regulating the Practice of Real Estate Service in the Philippines , Creating for the Purpose a Professional Regulatory Board of Real Estate Service, Appropriating Funds therefore and for other Purposes.

Enrile explained the bill would establish an effective regulatory regime for the real estate service through the creation of Professional Board of Real Estate Service Board (PRESB) composed of highly respected practitioners.

The PRESB will be under the Professional Regulation Commission (PRC). The board will then be mandated to come up with measures that will professionalize the careers involved in the real estate industry.

Under the bill, Enrile explained, agents would be required to take licensure examination before becoming real estate brokers, real estate appraisers or real estate consultants.

Opposition Sen. Panfilo M. Lacson, one of the principal authors of the bill, said the measure seeks to form a pool of competent, disciplined and highly respected real estate service practitioners who could help stimulate the development of the country�s real estate industry.

During one of the public hearings on the bill, Philippine Association of Realtors Board (PAREB) national president Bobby Sy said the real estate industry contributes only roughly 6.6 percent to the national income, which is way below the 50 percent potential contribution.

Lacson said the creation of a professionalized corps of real estate practitioners would contribute in boosting revenue generation for the government on real property transactions, developing more confidence in the government valuation system, encouraging investment in the real property market, stimulating greater economic activity and generating more funds for poverty alleviation programs.

The other authors of the bill are Senators Miriam Defensor Santiago, Antonio Trillanes IV and Rodolfo G. Biazon, chairman of the Senate housing, resettlement and urban planning.

Under the bill, Enrile explained, agents would be required to take licensure examination before becoming real estate brokers, real estate appraisers or real estate consultants.

Opposition Sen. Panfilo M. Lacson, one of the principal authors of the bill, said the measure seeks to form a pool of competent, disciplined and highly respected real estate service practition