MABALACAT CITY, Pampanga – Amid the COVID-19 pandemic, demands for affordable residential units continue to grow in Pampanga, particularly at the Xevera township here, which is now owned by the Westchester Realty Corporation.
Last Saturday, Weschester formally turned over 200 housing units to buyers.
Rodolfo Valencia, chairman of the realty company, said they have refurbished some 1,140 housing units, each with basic cost of P1.5 million, which were sold to buyers that include overseas Filipino workers and workers at the Clark Freeport Zone, which is just 15 minutes away from Xevera.
“Nag-umpisa kaming magbenta ng June 2020. By the end of September, ang sale namin ay 1,140 units in four months. Ang expectation namin, lalakas pa ito kasi nakita naming ang acceptance despite the pandemic maganda ang pasok ng benta,” he said.
Weschester took over the Xevera projects in this city and in Bacolor town and Sameera subdivision from the Global Asiatique of Delfin Lee last year.
Valencia attributed the good business to the accessibility of the township projects, affordability of the units and easy payment terms.
The houses can be occupied soon as they are already completely built.
He said a housing unit can be acquired through a loan from the Home Mutual Development Fund or Pagibig Fund for a very low interest rate.
Earlier, his company signed an agreement with Pagibig Fund involving the 4,685 housing units in its three projects.
Meanwhile, John Nico Valencia, president of the company, said that renovation of amenities and facilities in the three housing projects.