Hey savvy spenders! Ever feel like your money is doing a disappearing act lately? As we gear up to face the upcoming year, there’s no denying the elephant in the room – inflation. But fear not, because I’ve got some tips on how to rock the year despite the economic rollercoaster.
What’s the Inflation Buzz About?
Alright, let’s break it down in simple terms. Inflation is like that sneaky friend who keeps borrowing your stuff without asking, only this time it’s your money losing value. Prices of things you buy are going up, and your hard-earned cash doesn’t stretch as far as it used to. Annoying, right?
Budgeting Battles During Inflation
The Money Squeeze
So, your paycheck is looking the same, but those grocery bills and rent notices? Not so much. It’s like your wallet is playing hide-and-seek, and it’s winning. Time for a budget reality check!
Rolling with the Punches:
Inflation is like that surprise party you didn’t ask for. One day, your favorite snacks are a dollar, the next day, poof! They’re two bucks. Keep your budget flexible and be ready to roll with the punches when prices decide to do the cha-cha.
Emergency Fund
Your Budget BFF: Imagine your emergency fund as your financial superhero cape. Prices soaring? Unexpected car repair? Having that stash of cash ready to swoop in and save the day will keep you from singing the budget blues.
Essentials First, Fun Later
We get it—Netflix, takeout, and that extra shot of espresso are life’s little joys. But when prices are doing the inflation fandango, prioritize the essentials like rent, groceries, and utilities. Fun can come later; survival is the name of the game.
Budgeting Hacks for Inflation Fighters:
Smart Savings Play
Stashing cash under the mattress won’t cut it. Look for savings options that give inflation a run for its money, like investments that have historically danced circles around rising prices. A little research can go a long way.
Consider diving into the world of investments, and let the savings calculator be the compass guiding your journey. Crunch the numbers to assess potential returns, risks, and the overall impact on your financial goals. It’s like playing the stock market but with a safety net made of calculated decisions.
Debt Dilemmas
If you’ve got loans, it’s time to tackle them head-on. Utilize this loan calculator to create a repayment plan. It will not only calculate the total interest paid throughout the loan’s duration but also provide insights into regular monthly, bimonthly, or weekly payments. Your debts will gradually decrease if you set realistic goals, giving you the confidence to take control of your financial situation.
Haggle Like a Pro
Goal Setting Galore Are prices going up? It’s negotiation time. Don’t be shy to haggle your way to a better deal. Whether it’s your cable bill or your favorite local burger joint, a little charm can sometimes keep your budget intact.
Goal Setting Galore
Set financial goals that excite you, with the help of the budget planning calculator, you can create a budget that fits your needs and obtain a clear picture of your cash flow. Whether it’s a dream vacation, a new gadget, or paying off a loan, breaking it down makes it more achievable. Celebrate the small victories on your journey to financial success.
Inflation-Proof Your Budget Conclusion:
So there you have it, budget buddies! Inflation might be trying to steal your financial thunder, but with a bit of strategy and a dash of budgeting brilliance, you can stay one step ahead. Keep your eyes on the prize, stay flexible, and remember—your budget is your financial superhero cape in this inflation-fueled adventure. Let’s keep on budgeting like the rockstars we are!
House ownership is everyone’s dream because that is how we have been socially and emotionally conditioned. However, gradually, a slow shift in choosing a living place has been happening. People have been knowing the value of renting apartments alongside buying importance.
It is crucial to understand each benefit and negative aspect of buying and renting before taking a decision. Before we get into the pros and cons of renting versus buying a house, here are some questions you should ask yourself and discuss with your family. They will surely assist you to decide about buying a villa or living in a rental home.
Some of the possible questions could be: Whether you will prefer to high budget or a low one? How much time do you want to live at a particular location? Will you have enough money for house repairs and proper maintenance? Do you choose flexibility above stability or the other way around?
Pros of Renting
Easy-to-Follow Procedure
Undoubtedly house renting is a straightforward procedure. You are not required to go through time-consuming processes such as mortgage applications and home inspections. You are free to change your payment terms after exploring a new spot for yourself whenever you want. You can simply calculate how much rent you will pay by using an online calculator.
Adaptability
Renting provides you with the desired flexibility. You can select an option between renting and buying by taking care of your budget and preferences. You can also choose to relocate if your current residence is unappealing. On the other hand, buying a home may bind you to the same location in the long run.
Ease of use
Because of the lifestyle of convenience it provides, renting is quickly becoming a preferable option for many home seekers. Your owner will ensure the home’s security and you don’t need to worry about your house when you are not there. You can also use amenities like swimming pools and fitness centers without paying extra because the cost is included in the rent.
Cons of Renting
Instability
Genuinely, renting endeavors financial freedom but it is instable. Without ownership, you are not safe to stay in a longer run. Furthermore, your rent is likely to rise after each lease review. In addition, if you lose your work unexpectedly, you may also struggle to pay your rent.
Rental Requirements
You have to abide by the rental agreement’s conditions while renting a house. You cannot renovate, decorate, or make any changes to the house without the property owner’s permission. These requirements are somewhat restrictive and may limit your comfort. Furthermore, breaking these rules may land you in hot water and result in eviction.
There are no financial incentives
Depending on where you live, you may be eligible for various financial incentives when purchasing a home. Figure your loans, and you will see that homeowners may benefit from tax breaks, rebates for energy efficiency, and easy credit access. The landlord’s equity can be used to secure financing for other investments. Renting a home may help you build your credit, but it does not have any financial benefits.
Limited Equity
Although renting allows you to direct your funds to other investments, it has low equity. In essence, you cannot accumulate equity because the house does not belong to you. The landlord gains equity as the value of the home rises. While you are economically stagnant, your monthly rent is also assisting the homeowner in building equity.
Pros of Buying
Great Investment options
The most precious thing you can own is your house. Additionally, its value will progressively rise over time. Once the house is paid for, you will always have a place to live, regardless of what occurs, and you will be able to leave it to your heirs, giving them a significant advantage in life. Moreover, if you want your property to be sold, you will get a greater return.
Builds up Equity
The value of the property you own makes up your equity. When you pay off your mortgage or when the market value of your property grows, equity can grow organically. Making additional mortgage payments might also help it grow. Here’s how to determine your equity and access it.
If you’ve made additional payments to your loan, you may be able to redraw it or refinance it for a cashout. The money can then be utilized for remodeling, purchasing a new vehicle, or even as a down payment for a different home.
Owning a property is a great long-term investment
Renting a home entails paying your landlord and then having nothing to show for it the following month. Homeownership is a great investment because it forces you to save. When you buy a house with a 30-year mortgage and make monthly payments, you will eventually be able to sell it. However, if you rent a property for 30 years, you will never receive any of your monthly rent payments back.
Besides, owning a house gives you a sense of satisfaction that you can live in this house for as much time as you want and no tenant can put pressure on you to pay rent.
Earn extra money by renting out a room.
Being a homeowner, you can earn a handsome income through rent. You could hire a long-term tenant to rent out your basement or look for short-term tenants by renting out a room. Everything depends upon your owner about pricing. Therefore, you can charge according to yourself. There is no landlord to ask permission from or roommate to persuade.
The Cons of Buying
High Upfront and Maintenance Costs
Without a doubt, moving into a rental is less expensive in the long run than purchasing a home. If you’re like the majority of first-time buyers, you’ll need to be accepted for a mortgage and have funds set aside for the down payment and closing expenses. Although you have ownership of the house, you have to maintain it and a huge amount could be utilized for maintenance. You have to be more conscious and alert that everything is all right. So, before investing, always calculate your payments accurately.
Building Equity is time taking
Owning a property is no different from other investments in that it carries risk. Real estate values might decrease, and home equity doesn’t always increase. Economic circumstances at the regional or local level may cause home values to stagnate or decline. Additionally, you might have to accept a lower offer if you need to sell your house in a buyer’s market. Due to your high loan level in the early years of your mortgage, it is challenging to increase your equity through mortgage payments.
Additionally, selling a home often takes far longer than selling things like stocks when you eventually decide you need access to all the equity you’ve built up.
Difficult to move or relocate
Renting gives you a lot more freedom when it comes to relocating. While job transfers and relocations are simple to accomplish when renting, they may be quite difficult when done as a homeowner. The duration of the selling and purchasing processes can be a significant source of stress. Therefore, owning a property is generally not the best choice if you desire the freedom to move to a different place for a new career.
Wrapping up
So, which option is better, either renting or buying? The answer is that there isn’t a clear winner when deciding between renting and owning a property. The choice is unique to each individual and depends on several variables. Also learning how to utilize an online calculator will be great help to make a wise decision. Before considering renting or buying, it is still best to spend your time evaluating affordability and the effect it will have on your existing financial condition.
In the end, you’ll need to consider your goals—not only for where you’ll reside but for your whole financial situation. Although owning a home requires a substantial financial commitment and can provide a good sense of security and control, it may not be the best option for you in the long run.
Although renting may seem like “throwing money away,” it may be the ideal option for you if you value flexibility, minimal maintenance living, and the freedom to use your money for other things like investment or vacation.
Grand Sharp Brand Ambassador Winner 2022, Joana Mesyl Saligumba
In celebration of its 40th year Anniversary, Sharp Philippines launched an online contest announced last October 2021 wherein contestants went through a series of online tasks from posting photos and creating videos using their Sharp products. Sharp received numerous participants and through the course of the competition, it was narrowed down to Top 40 semi-finalists.
After rigorous evaluation by the Sharp Team, they were able to determine the top 5 finalists. The five finalists were Joana Mesyl Saligumba, Iris Acosta, Pablo Rico Guevarra, Rose Ann Alejandro, and David Natividad.
Sharp Philippines announced Joana Mesyl Saligumba as Sharp’s newest brand ambassador last May 18, 2022 at the B Hotel in Alabang. She passionately posted photos and videos of Sharp products and how it impacted her life and her family.
During the final round, Joana proved that she deserves to be the next Sharp Brand Ambassador. With her enthusiasm and passion for continuously endorsing Sharp to her current followers and to the public, she aims to continue uplifting the lives of Filipinos through promotion of Sharp products.
The grand winner received P100,000-worth of Sharp appliances and an exclusive one-year Sharp Brand Ambassador Contract.
The Top 5 finalists of the Sharp Brand Ambassador Contest(L-R): David Natividad, Iris Acosta, Joana Mesyl Saligumba, and Pablo Rico Guevarra.
The Top 5 finalists of the Sharp Brand Ambassador Contest(L-R): David Natividad, Iris Acosta, Joana Mesyl Saligumba, and Pablo Rico Guevarra.
“It was indeed a very meaningful journey with my ka40’s & Sharp Philippines. I’m equally excited to say cheers to another fruitful experience as I now take the task of being your real-life Sharp Brand Ambassador for a year. Aja!,” Joana shared online.
As a Mom of four, she has proven that her love for her family is like nothing else in the world. She provided a balanced lifestyle with the help of owning reliable Sharp products. Joana is a full-time mom and entrepreneur and is a solid user of Sharp products. Being the ambassador, she will be taking on an exciting journey sharing more mommy tips and practical advices using products of Sharp.
Celebrating milestones
Sharp Philippines would also want to convey heartfelt appreciation to everyone who took part in the Search for the Real Life Sharp Brand Ambassador Contest. Sharp team is thrilled to share this milestone with its continuous celebration of the 40th year anniversary.
The 5 Finalists with the Sharp Team(L-R): David Natividad, Amor Golifardo (Marketing Manager), Iris Acosta, Joana Mesyl Saligumba, Marlene Villarino (AVP-Marketing), Iris Negal (Product Marketing Manager), Rose Ann Alejandro, and Pablo Rico Guevarra.
The 5 Finalists with the Sharp Team(L-R): David Natividad, Amor Golifardo (Marketing Manager), Iris Acosta, Joana Mesyl Saligumba, Marlene Villarino (AVP-Marketing), Iris Negal (Product Marketing Manager), Rose Ann Alejandro, and Pablo Rico Guevarra.
Now, Joana is set out to officially endorse Sharp products. She will be releasing a series of video and photo contents that everyone can look forward to. Aside from digital platform, she will also be seen on some of the Sharp events in the future.
For more updates with the newest Sharp Brand Ambassador and Sharp’s upcoming promotion and events, make sure to like and follow Sharp’s official Facebook page.
Everyone seems to be moving right now…and for good reason, too. The housing market is wild and you are able to make some serious cash on your home. That’s great on one hand, but afterwards, you also have to find somewhere to live. Hence…moving! It has been noted that moving is one of lifes most stressful events and that is because there are so many moving parts. You have to be out of a home by a certain date, have it cleaned up, clean up your new home, do any renovations, move all of your items in, organize, and so much more. Moving is not stress-free by any means, but you CAN have an easier move. Here are a few tips for an easy move…or at least an easier move –
Hire a great team
Hiring a great team to help keep you afloat is essential. You can also get your friends and family involved, as well, but for starters, your team needs to be compromised of the below –
-Real estate agent: Your agent ABSOLUTELY needs to be skilled in knowing the current market, pricing your home correctly, and of course, negotiating, as well. Your agent is probably the #1 most important thing (when it comes to creating a team) because your agent has the chance to make or break your sale and purchase of a home. Start with your friend list – I’m sure you have a friend that is an agent. Then, check out their reviews. This is so important because if you go with a friend or family member who isn’t exactly “skilled,” you could lose out on a TON of money…or even your dream house!
-Inspector: Once you have your agent and you get your dream home under contract, you will definitely need a really great inspector. A great inspector will make it possible for you to go into your new home, without any fears of insanely expensive repairs (that are unknown to you, of course). When you get your inspection report back, don’t be alarmed if it’s long. It is supposed to be! This is when you can re-negotiate with the seller, and ask for fixes, unless you did an as-is offer.
-Cleaner: Next up: moving day! But, before you move in, make sure you have a professional cleaner come in and do a good deep clean on your new home. This is great, especially if you picked up anything on your mold test. A deep clean is an absolutely must!
-Moving team: Last but not least, the team you will love the most…Your moving team! They will SAVE YOU so much time and frustration. Oh, and a backache, too. Star City Services is a great place to start if you are searching for a great moving team! They are Roanoke long distance movers, who focus on quality services, affordable pricing, and amazing customer service. They say, “One of the most important things to consider when searching for moving companies in ROANOKE is experience. If you hire local movers that are inexperienced and unequipped to handle your move, it’ll just put even more work on you.
When you rely on the local movers at ★Star City Services★, you can count on us for:
-Customer-focused service
-Fast and efficient moving services
-Competitive pricing
We rely on 4 years of experience to move our clients. Choose one of the top moving companies in ROANOKE, Bedford County, Botetourt County, Rocky Mount County VA and Surrounding Areas to handle your move. Call now to get a free estimate on our affordable moving services.”
Prepare financially
Moving isn’t always cheap and it doesn’t always cost a lot, but depending on your circumstances and what you might want to do with your new home (or your old home before you sell), you will want to prepare financially. Plus, a lot of the time, you will need to do repairs shortly after moving in. You do not want to be stressed about finances – trust me!
Stick with your normal routine as much as possible
There might be chaos in your home, but if you stick to your routine as much as possible, you could limit that chaos and make the entire process much less stressful on yourself. Plus, if you opt to eat out, or stay up way too late, your overall health could take hit. Keep working out, eating like you typically do, and sleep enough! Your health is worth sticking with your typical routine as much as possible.
Turn on some music and have some fun with it
Last but not least, you have to move at the point when you sell your home. There’s no way around that. So, have fun with it and stop stressing so much! Turn on some music, invite friends over, and have a pizza party. You’ve got this!
The heat is spelling summertime, but it keeps on raining P100 discount vouchers at Lumina Homes’ ShopeePay Piso Deals!
Extended to April 30, 2022, Lumina’s favorite vouchers are still up for grabs for only P1 at no minimum spend. Use them for various Lumina Homes transactions nationwide, such as reservation fees, monthly down payment, in-house monthly amortizations, and whatnot.
The vouchers are valid up to 30 days after purchase, and can be availed of through ShopeePay Discount, Cashback Vouchers, or offline payment vouchers purchased in advance.
How to get your own discount vouchers?
Using your Shopee app, follow these easy steps to get your own discount voucher:
Tap the “ShopeePay Near Me” section;
Click the “See All” and look for Lumina Homes “Discount Voucher”;
Read the voucher product details and click “Buy Now”;
Using ShopeePay, click ”Pay Now” to get your Php1 voucher;
You can now use or view your Discount Vouchers in the “My Vouchers” wallet.
How to redeem your Lumina discount vouchers?
Follow these simple steps to get your discount vouchers for your Lumina Homes transactions:
Look for the general scanner from the homepage of Shopee’s App;
Scan the QR in the Lumina Office;
Enter the total amount to be paid in the transaction;
In the voucher section, choose the “Lumina Homes: Discount Voucher” or “Cashback Vouchers and click “Use” to apply the discount;
The payment details will show the voucher’s instructions and rewards earned;
Click “Pay Now”.
Lumina Homes has 50 developments in several key locations nationwide, and it won’t be hard to choose among sites: Rizal, Bulacan, Bataan, Zambales, Nueva Ecija, Tarlac, Pangasinan, La Union, Cagayan, Isabela, Cavite, Batangas, Laguna, Quezon, Albay, Sorsogon, Iloilo, Cebu, Negros Occidental, Agusan del Norte, Zamboanga del Sur, Bukidnon, Misamis Occidental, and Davao del Norte.
It’s so hot to go house tripping, though, so feel free to get a first feel via virtual tour. Because who says you can’t go “dream home-hopping” around the country in a single day? Visits to Lumina projects have never been this amazing!
For more information and announcements, follow @luminahomesofficial on Facebook or visit Lumina Homes’ official website at www.lumina.com.ph
In celebration of Women’s Month, Lumina Homes is proud to honor the modern superwomen at the workplace. Whether working from home while donning the multitasking mommy hat or taking the risk to go out and serve the clients in their chosen industry, these women deserve a pat on the back, and more!
Lumina Homes invites everyone to share on social media a photo of an inspiring woman at work and get a chance to win as much as P5,000 cash!
Here are the steps:
Share a photo on your Facebook or Instagram account of a “woman in action” (not limited to women in the workplace) who inspires you the most. If on Facebook, make sure to set your post to Public so we can view your entry. If on Instagram, set your account to Public also. 2. In the caption, tell us in a maximum of 3 sentences what inspires you most about this person. Add the official contest hashtags: #LuminaHomes#LevelUp2022#WomenAtWork 3. Go to https://www.lumina.com.ph/public-event-upload and select “Women at Work: Online Contest” on the event dropdown. Fill-in the required fields, and on the Message Box, place the link of your entry. You may submit your entries until March 28, 2022.
Winners will be scored according to Reacts (50%) and Narrative (50%) so make your entries as compelling and heartwarming as the inspiring stories of our superwomen. The Top 3 entries will take home the following prizes:
1st place – P5,000
2nd place – P3,000
3rd place – P1,000
From the nurses and medical doctors braving the pandemic, to teachers navigating the distance education, to your female boss who continues to balance the health and safety of the workforce while keeping the business intact—all these women have the same core values toward their work, and we celebrate them not only every March but all year round.
Happy Women’s Month!
For more information and announcements, follow @luminahomesofficial on Facebook or visit Lumina Homes’ official website at www.lumina.com.ph.
Filigree Showsuites features a three-bedroom unit of Botanika Nature Residences, one of the brand’s luxury condominiums
Premier real estate brand Filigree recently opened its doors to its newest Showsuites. The newest headquarters provides a first glimpse of the impeccable quality and attention to detail that the Filigree brand is known for.
“We have had dedicated showrooms for each of our projects, but with the growth of our brand it was only fitting that we took this step. We want our clients to experience what it’s like to live in a Filigree home with just one visit. This Showsuites is the embodiment of everything Filigree stands for and we made sure that this would be evident in the design and customer experience,” says Filigree deputy head Daphne Sanchez.
Design firm Periquet Galicia was commissioned to take on the work of realizing Filigree’s vision. Principal designer Tina Periquet shared insights on her experience of working on the project.
“It’s always a pleasure to work with a company whose values are closely aligned with ours. I feel the brand name Filigree is apt, as it speaks of refinement, luxury and meticulous craft. Translating this in the language of design and architecture, we worked together to create an environment that satisfies both the mind and the eye, harmoniously proportioned and thoughtfully detailed to induce a sense of calm and delight,” she notes
The 2,500-square meter property boasts of stately contoured spaces. A visit will take you through well-designed expanses that comprise the personalized tours carried out by skilled account specialists.
Reflecting the high aesthetic quality of the planned spaces is a symmetrical and perfect-in-form lobby that sets the tone for the overall experience. Each area, whether it be the lounge or the AV room, were intended to echo the design principles of Filigree.
Towering ceiling heights, floor to ceiling glass walls, spacious hallways, and well thought-out color schemes represent the signature aesthetics of a Filigree project. Undoubtedly, the pieces de resistance are the two model units, designed by Periquet Galicia, to demonstrate the potentials of selected units of Botanika Nature Residence’s Tower 2.
“We spent many months developing the space plans of every single condo unit in the building. Each square inch was pored over to ensure that the ideal distribution of space was achieved, while seeing to it that the rooms were well-shaped, so that standard furniture from stores could fit neatly. It’s surprising how many times you end up seeing a bed edge jutting out in front of a doorway, or a sofa blocking an operable window, because of a poor space plan,” adds Periquet.
The challenge was to resolve upfront all the complexities stemming from the curved shape of the building, so that the unit owners need not have to deal with any awkward corners or odd elements, and can just furnish and move in with minimal customizing.
The two model units were deliberately designed in contrasting styles—a pared-down,edgy treatment with sculpted forms and a cool neutral palette, and a more formal, transitional setting rendered in ivory, cream, and black—to show how different personalities can happily settle down in perfect harmony at Botanika Nature Residences.
Since its launch, Filigree has constantly emphasized its focus on enhanced living experiences that is achieved through proper and smart integration of location, space, design, and nature. Get a better sense of this and more at Filigree’s newly opened Showsuites.
To visit, please schedule an appointment through https://filigree.com.ph/contact/. Filigree Showsuites is located on Corporate Avenue, Filinvest City, Alabang, across Bristol at Parkway Place and is open daily from 8 am to 6 pm.
Climate change is a global issue. It is one that is pushing the Philippines to act upon its weak spots and harness its strengths. “It’s inevitable,” Lamudi CEO Bhavna Suresh says at the media roundtable held last September 27 in partnership with Holcim Philippines and Subdivision and Housing Developers Association (SHDA). Though the country may be facing a dire situation, there is plenty to be done in response to climate change, from big, industrial efforts to small, household changes.
Lamudi reinforced their support for building resilient and sustainable cities with the first panel discussion, Sustainability Efforts for the Philippines of NGOs and Private Organizations. NGOs, private organizations, and green developers were represented in the discussion, which tackled the roadblocks to green development in the Philippines and determined the efforts already in place to steer the country into a greener future.
Highlighting Resilience
“Most of our coastal municipalities want to be cities eventually. How do we push them towards not just sustainability but also push them to also look at measures that will make them resilient as well?” Atty. Angela Ibay, Head of the Climate and Energy Program of the World Wide Fund for Nature, posed an important question at the roundtable, steering right into the thick of the important topic of sustainability and climate change.
Angela Ibay, Head, Climate and Energy Program of the World Wide Fund for Nature
In a country that is dotted with high-rise mixed-use buildings and humble coastal homes, the effort to save the environment is tightly coupled with the measures developers can take to safeguard the value of their legacy. One solution, something as simple as planting trees, encourages the growth of foliage and relieves some of the urban heat island effect our cities are experiencing right now. However, it is not enough.
Wesley Caballa, Senior Manager for Sustainability of Costa Del Hamilo Inc.
“It’s not a question anymore of whether you can control climate change or not. It’s about adapting to the effects of climate change. It’s here. We are experiencing it now,” says Wesley Caballa, Senior Manager for Sustainability of Costa Del Hamilo Inc. According to Caballa, Hamilo is actively pursuing efforts to protect mangrove forests to do their part as a company.
Hamilo is one of many companies that have started making changes in keeping with a more climate-conscious business ethos. Climate change has not spared the Philippines with its onslaught, and with lives at stake, developers cannot sit around and wait.
Justine Santos-Sugay, Director for Resource Development and Communications of Habitat for Humanity
“We are already in an area of the world that is highly, highly susceptible to all these natural disasters, and climate change made us more vulnerable to that,” adds Justine Santos-Sugay, Director for Resource Development and Communications of Habitat for Humanity.
Addressing Roadblocks to Sustainability
The Philippines has not been remiss when it comes to sustainable efforts. One of the problems developers and real estate experts face, however, is misinformation or lack of dissemination at the grassroots.
“When you ask a common fisherman, ‘What do you know about climate change?’ Sometimes they say it’s synonymous to disaster without knowing why,” adds Caballa. “It’s really important for them to know what is wrong, what climate change is all about.” Santos-Sugay weighs in: “When you think about it, when you look at the issue of climate change, climate change seems to exaggerate or re-highlight a lot of the already pre-existing social themes.”
Ferdz dela Cruz, Former Chief Executive Officer of Manila Water Company, Inc.
One issue all Filipinos will relate to, especially in the Philippine capital, is the water shortage. Despite the typhoons that visit the country and leave damage in low-lying areas, there is water shortage because the rainfall missed the dams that are meant to supply water to the majority of the city. Ferdz dela Cruz, former Chief Executive Officer of Manila Water Company, Inc., emphasizes the urgency of the matter: “It’s up to us to make hard choices for us to be resilient. There are no easy choices at this point. For us to make that, we need to have a constructive dialog and without the misinformation.”
Dela Cruz also mentions the disparity in the supply and demand for water supply. According to him, “There are two issues on water–there’s the supply side and there’s the demand side. On the supply side, there is a roadmap of what needs to be done, but there are delays in the execution of the roadmap. There’s always opposition to a big water project.”
Long-term solutions to water shortage and climate change are further hampered by the lack of initiative at the individual level. According to Dela Cruz, people forget about the problem once they have water, but it quickly resurfaces when another water shortage is felt.
Sustainability in the Commercial and Industrial Sectors
Much of the effort real estate developers have put into sustainability can be seen in the commercial buildings they have strategically positioned in key cities. Jaime “JJ” Fernandez, Strategic Management Consultant of Menarco Development Corporation, mentions the savings Menarco Tower is able to pass on to its tenants through its sustainable design. According to Fernandez, “There is an estimate that the tenant will save about 20% in terms of energy consumption because the way the building is built is very efficient.”
JJ Fernandez, Strategic Management Consultant of Menarco Development Corporation
Fernandez also highlights the human aspect of thinking sustainable. “Prospective tenants would rather pay a little bit more rent” when they know the building will take care of their employees.
This, paired with Dela Cruz’s observation that people will be more responsible if the problem pinches their bill, makes the case for green developments: rather than lose money in inefficient designs, developers, tenants, and residents can save by prioritizing sustainability.
James Buskowitz, Chief Executive Officer of Buskowitz Group
The Philippines, which receives ample sunlight because of its equatorial location, can do more to utilize solar energy, one of the most efficient ways to be sustainable. James Buskowitz, Chief Executive Officer of Buskowitz Group, explains that projects harvesting solar energy come in levels: “Residential scale has always been the goal, but not in the beginning. Typically, when a country starts developing solar projects, it always starts with utility, then it goes to commercial- industrial rooftops, then it goes residential.”
“If we combine all the roofs in the entire Metro Manila, we would have enough solar energy to power the entire Philippines,” Buskowitz shares.
Trickling to the Residential Developments
“What color is your roof?”
A simple question sparked discussion in the roundtable’s second panel discussion, Design and Construction Trends in Real Estate to Build Sustainable and Resilient Cities in the Philippines. It is not a pointless question either, as the simple selection of a white roof can already help a household save energy.
“A safe home, a resilient city, a safe community is at the heart of what we have to address to adapt to the changes in the climate,”mentions Santos-Sugay.
To add, Lamudi’s CEO says climate change is not an isolated problem: “All of these inequalities that exist in the world today are getting heightened because of global warming.
Ar. Amado de Jesus, Vice Chairman of the Philippine Green Building Initiative
” We are not at a standstill when it comes to sustainable solutions, thankfully. Dela Cruz says,“The supply solutions will come many years from now, but everyone could start doing something on the demand side.”
One of the solutions proposed is a mirror of what other countries have already implemented: water tariffs. According to dela Cruz, “In other countries, what they’ve done quite successfully during periods of water shortage is to actually adjust the price of water–double or triple–during hot summer months basically to curtail the usage.”
Though this price adjustment has been discussed but not yet explored, companies such as Hamilo Coast have already implemented their own guidelines to conserve water and safeguard the environment from climate change. Hamilo Coast, which aims to be a “microcosm of what could be done,” practices a “top-down approach” on implementing sustainable policies. “The only way that we will see individuals actually follow the rules is if you put a system of checks, balances, and penalties.”
To get to the finish line, where a more climate-resilient Philippines awaits, each individual has to make impactful changes, but at the forefront are the bigger organizations that can influence those in their respective industries as well.
With miscommunication proving to be a big roadblock, the discussion needs to be sustained. This is one of the reasons for the creation of the roundtable, as Architect. Amado de Jesus, Vice Chairman of the Philippine Green Building Initiative, mentions, “If you have a bigger role, that’s a bigger responsibility.”
“Lamudi is a giant brand. With all the buildings that are together, the organizations that you have a big influence on, you can create a big impact,” says de Jesus.
For years, my family and I have rented apartments and because of our limited source of income,we tend to go from one place to another. I was hurt to see that my family needed to experience that. But with BellaVita, everything has changed. With BellaVita, I had the chance to buy a unit at an affordable price.
BellaVita has shown me and my family that no matter what the status of our life is, we could get the home that we want and deserve. They made us realize that we aren’t deserving of living the life we lived before. Bellavita has affordable homes for us. The good thing about BellaVita is they did not give me a hard time paying for my fees. I can go to Cebuana Lhuillier to pay my fees. Sometimes, there are agents from BellaVita who go to our house if I am not able to pay at Cebuana Lhuillier. Even though BellaVita’s units are affordable, their units are not made out of
mediocrity. Their model units and amenities are of the best quality.
If you are tired of renting to different apartments, why not settle your family to a place that will give you a home that you deserve? If you are still thinking, you can check Bellavita’s Facebook page at www.facebook.com/BellaVitaLandCorp or at their website www.bellavita.ph.
Last May 5 at PilippinasMindGuru Specialist Inc., a specialty center specializing in facilitating sensory enhancement workshops recently held an intimate Bloggers Day last May 5, 2018 in their office conveniently located at the3rd Floor of the AA Building in Scout Borromeo Street, Brgy. South Triangle, Q.C.
There were more than 30 Mom’s and Guests who attended their morning session as the Executives from their Company discussed how the concept of MindGurucame about and what their vision is in the coming future. Ms. Lot Nanong, Executive Director of MindGuru Inc. amiably welcomed the guests and briefed them about their Programs and Summer Offerings.
Their top programs and packages were the REP and SEP which was short for the Retention Enhancement Program and Sensory Enhancement Program respectively. It fosters and enhances further the mind’s natural ability to process and recall information as students who have gone thru the workshop demonstrate better performance at school and increased recall of the lessons they learned in the classroom. Their workshops can also be beneficial for adults who want to be calmer and more competitive in their upcoming board exams which they would be undertaking, as the workshops enhances the recall and improves the perception of their surroundings.
Guests were then treated to a sample workshop session to give them a general preview of how the classes were conducted and afterwards took part in a socialization session with the staff of PilipinasMindGuru for them to be able to ask the staff questions regarding their programs and other product offerings.
To know more about PilipinasMindGuru feel free to check out their newly launched Website at: http://mindguru.ph
PilipinasMindGuru
Address : AA Building 3rd Floor #37 Scout BorromeoSt.Brgy. South Triangle Q.C.