TURNOVER. Real estate developer Delfin Lee (seated, right), delivers land titles to Xevera Bacolor and Mabalacat homeowners on Saturday (Oct.10, 2020) as his commitment since Westchester Realty Development took over the housing project. (PNA photo by Marna Dagumboy-Del Rosario)
MABALACAT CITY, Pampanga – Demands for affordable and ready for occupancy housing units remained steady in the province amid the coronavirus disease (Covid-19) pandemic as evidence of continuing brisk sales enjoyed by property developer Westchester Realty Corporation (WRC).
"We are selling like hotcakes since Westchester took over the Xevera Mabalacat and Bacolor housing communities. We have noted brisk sales in both projects," said WRC chairman Rod Valencia during the formal turnover of 200 houses to buyers on Saturday.
Valencia said WRC sold over 1,000 units in the city alone, a positive outlook on the current situation in the province’s real property industry, one of the sectors extremely affected by Covid-19.
He said home buyers composed mainly of overseas Filipino workers (OFWs) and workers in nearby Clark Freeport, including migrants from Metro Manila, swarmed Westchester office in Xevera Mabalacat and Bacolor to secure housing units in both township communities projects.
The housing communities form part of three redevelopment projects, including Xevera Mabalacat, Bacolor, and Sameera.
He said key factors to the success of the projects include accessibility, affordability, and easy payment terms, complete amenities, and ready for occupancy units.
"There is no housing development project that can offer the same kind of amenities and readily available housing units inside an established township project," Valencia said after the turnover rites.
He said a housing unit can be acquired through a loan from the Home Mutual Development Fund or Pagibig Fund for a low-interest rate.
He also said the upward trend of sales is a clear manifestation of a vibrant economy within the surrounding communities of Clark Freeport.
He said the accessibility and affordability of housing projects are just plus factors.
WRC earlier took over Xevera Bacolor and Mabalacat as the new owner of the housing project of Globe Asiatique, owned by Delfin Lee.
Meanwhile, Lee assisted homeowners of Xevera Bacolor and Mabalacat in the formal turnover of their land titles.
“As promised, my commitment to my buyers to deliver their land titles is finally here. Thank you to all my buyers for their trust. Pasensiya na rin po kung matagal kayo naghintay (Sorry if you have waited so long),” Lee said during the event.
He also said WRC will renovate dilapidated units in both housing projects. (PNA)
