Cebu Realty Expanding

I head that Pag-Ibig Fund in Cebu City this 2010 is going to target 300,000 members or more. 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. One of their options is to get members from the local government units. Another will be to tie up with real estate developers too.|Deals are merging for Pag-Ibig Mutual Fund in their quest to make big membership this year. That is tying up with the local government and tying up with real estate developers in the city. This is to ensure that they can hit their target of around 300,000 members at the end of the year. That is 2010. Pagi-Ibig Mutual Fund is really beefing up its efforts to make it very well for this year.

The booming of Cebu real estate plays an essential position 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.

SM Prime Holdings Inc. and Cebu City Government just made a contract for an prime lot in Cebu City. A good indication Cebu is progressing much faster too.

The progress is hoped to bring more employment and opportunities for the people in Cebu. With the coming completion of The Radisson Blu Hotel scheduled in March, this will be something to look forward too. Tourists might flock and employment rate increasing.

“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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