Pag-Ibig Fund is targeting three hundred thousand members for 2010. I am talking about Pag-Ibig Cebu City branch. This is great news for many seeking to get an opportunity for a loan to build their dream house. I just don’t know how they will ever do that. Tying up with local government units is one path they will be taking as mentioned. Another will be to tie up with real estate developers too.|There are two tie ups coming in for Pag-Ibig Mutual Fund. Local government units and real estate developers will have their part of these deals. This is to ensure that they can hit their target of around 300,000 members at the end of the year. Pagi-Ibig Mutual Fund is really beefing up its efforts to make it very well for this year.
The booming of Cebu real estate hass an essential key too for “CeBoom” (Cebu Boom) as many call it.
If things will work out well as they have planned, let us hope that this increase of available funds will eventually help provide more housing loans for many Cebuanos in the very near future. Since Cebu real estate development is booming I really hope this campaign of increasing members for Pag-Ibig Fund would really come out very successful.
Now that SM Prime Holdings Inc. seemed to at last signed a deal with the Cebu City Government, then this must really be a sign that Cebu real estate is booming.
The progress is hoped to bring more employment and opportunities for the people in Cebu. The Radisson Blu Hotel is soon to finish in March. We are looking forward that this can bring more money to the city.
“Cebu’s well-managed economy is said to be one of the reasons why the company is investing projects in the city”. The peace and order in Cebu plays also a very important role in its progress and stability.
So that is two big entities there: Pag-Ibig Fund and SM Prime Holdings – what would be next?
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