Tag: properties

10% discount for property owners in Las Piñas City in effect until March 2025

10% discount for property owners in Las Piñas City in effect until March 2025

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Good news for those who own properties in Las Piñas City! The City Government announced that property owners will be granted a 10% discount on their 2025 annual real property tax (RPT) once they pay their taxes specifically from December 1, 2024 up to March 21, 2025, according to a Manila Standard news report. Be aware that the City Government launched its official app to make payments easier to do.

To put things in perspective, posted below is an excerpt from the news report of the Manila Standard. Some parts in boldface…

Las Piñas City real property tax payers will get a 10-percent discount on their 2025 annual real property tax (RPT) when they pay their taxes from Dec. 1, 2024 to March 31, 2025.

Property owners can opt to pay for their real property taxes in full or through quarterly installments, the city government said.

It encourages taxpayers to take advantage of the discount by paying via Las Piñas Smart City mobile app where they can input the tax declaration number and property identification number or PIN and select the quarters that they want to pay.

The city government launched the web app to reduce the movement of taxpayers, ensuring their safety, and allowing payments to be made in the comfort of their homes.

Las Piñas Mayor Imelda Aguilar also appealed to the new real property owners in the city to put their records with city hall in order, “so that they will be able to receive official notices and pay the correct taxes on time.”

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Are you happy with the discount being offered for your upcoming real property tax payment?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Residents of Las Piñas City urged to avail of discounts by paying real property taxes (RPT) early

Residents of Las Piñas City urged to avail of discounts by paying real property taxes (RPT) early

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Recently in the City of Las Piñas, residents who own properties were advised to take advantage of discounts offered to them when paying their respective real property taxes (RPT) early enough starting this month, according to a Manila Times news report.  

To put things in perspective, posted below is an excerpt from new report the Manila Times. Some parts in boldface…

Real property owners in Las Piñas City are reminded to settle their real property taxes early and take advantage of discounts offered for prompt payment in 2025.

Las Piñas Councilor Mark Anthony Santos announced that the advance tax payment period runs until Dec. 15, 2024. Taxpayers who settle their dues by this date will receive a 20 percent discount. Payments made from December 16 to 31 will qualify for a 16 percent discount, while payments completed between Jan. 1 and 31, 2025, will be granted a 10 percent discount.

To be eligible for these discounts, taxpayers must pay their taxes for the entire year and ensure there are no outstanding delinquencies, Santos emphasized.

He said failure to pay on time would result in penalties. A 10 percent surcharge will be applied to delinquent payments, along with a one-time administrative fee for late second installment payments. As stipulated in Sections 260 and 263 of Republic Act 7160, the Local Government Code of 1991, unpaid taxes could lead to further actions, including the auctioning of delinquent properties.

“If the real property tax is not paid, the city government will avail of remedies through administrative action or judicial proceedings,” Santos warned.

The city treasurer’s office also reminded new property owners to update their records at the city assessor’s office to ensure they receive official notices and avoid tax issues.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? If you are a local property owner, are you ready to settle your real property tax with the City Government this month? Are the discounts for early payments enticing enough to you? How many property owners in your local community are aware of the discounts offered?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

FOR LEASE – A Spacious Condominium Unit at The Mondrian Residences in Filinvest City, Alabang

FOR LEASE – A Spacious Condominium Unit at The Mondrian Residences in Filinvest City, Alabang

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If you are looking for a spacious, furnished condominium within Alabang, we have one of 6 units only at the upper floor of The Mondrian Residences in Filinvest City available for lease. The Mondrian Residences is located at 5321 East Asia Drive, Filinvest City, Muntinlupa City.

The Mondrian Residences up close. Its building is very visible for those traveling along Commerce Avenue in Filinvest City.

At 93 sqm, it has one large bedroom, 3 bathrooms, living room with sofa, chairs and tables, kitchen with cooking equipment, one basement parking slot and 2 terraces overlooking Commercenter, Westgate and Alabang Town Center.

Residential facilities of The Mondrian Residences include a jacuzzi, a fitness center, function rooms, owners’ lounge, passengers’ elevators and service elevators. 24/7 security service, reception service, building maintenance and valet service are guaranteed. If you own a car, you can avail of the dedicated basement parking space that goes with the unit.

The Master’s Bedroom with indoor aircon, a balcony and view outside.
The living room with enough space for dining.
The view from the terrace of the unit.
The kitchen with refrigerator, microwave, toaster oven and cooking unit. At left is the main door.
The Mondrian Residences at night time.

The Mondrian Residences is strategically located in close proximity to office buildings, restaurants, hotels, coffee shops, banks, ATMs, the Filinvest City Central Park, movie theaters, shopping malls, gas stations, convenience stores, car dealers and groceries. This means that living in the unit is convenient for your job, your needs and your lifestyle.

Living at the The Mondrian Residences is peaceful as crime rarely happens in Filinvest City. At the same time, Filinvest City is a popular destination for fitness buffs and people who enjoy the open air surroundings with trees.

If you are interested to visit and see the unit, please send me a private message or call me at 09053350831.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Major property developers unfazed by national ban on POGOs

Major property developers unfazed by national ban on POGOs

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As far as the major property developers are concerned, the national ban on Philippine Offshore Gaming Operations (POGOs) will not have a significant effect on their and residential businesses, according to a BusinessWorld news report.

To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…

LOCAL PROPERTY DEVELOPERS are unfazed by the government’s ban on Philippine offshore gaming operators (POGO), saying that it has minimum or no effect on their office and residential businesses.

“Our direct exposure to POGO is rather limited. Only 1% of our office portfolio is occupied by POGOs,” she said.

“We were never a big POGO locator. It has even gone down over the years. Now, we’re down to 1%. In terms of our sales, we have very little sales to Chinese buyers in general, whether POGO or not,” she added.

Ms. Dy said that ALI conducted checks across its residential buildings following the announcement of the ban and found that only less than 5% are occupied by POGOs or probable POGO employees.

“Our products are not that exposed to the POGO market, either directly in the office or indirectly as tenants for our residential buildings,” she said.

Sy-led conglomerate SM Investments Corp. (SMIC) said the POGO ban also has no impact on their property business. SM Prime Holdings, Inc. develops residential and commercial properties through SM Development Corp.

“Fortunately, (the POGO ban) has no impact to us,” SMIC President and Chief Executive Officer Frederic C. DyBuncio said in a mobile phone message after being asked for comment.

In a recent disclosure, Gotianun-led Filinvest REIT Corp. (FILRT) said that it is not affected by the POGO ban. The company is the real estate investment trust (REIT) of Filinvest Land, Inc.

“FILRT has no POGO exposure and has been free of POGOs since the second quarter of 2022,” it said.

“The company has been deliberately diversifying its tenant mix, with the addition of traditional tenants and coworking locators,” it added.

Luxury property developer Shang Properties, Inc. recently said that the POGO ban will have no effect on the company’s residential business.  

“The profile of our buyers is mostly Filipinos. We have a healthy mix of foreign buyers which are not China-based, so we’re not as affected,” Shang Properties Executive Vice-President for Commercial Maria Rochelle S. Diaz said at a recent media briefing.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that the nationwide ban on POGOs will not harm the office and residential businesses of all property developers?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Muntinlupa City extends deadline for redemption of auctioned properties to June 30, 2021

Muntinlupa City extends deadline for redemption of auctioned properties to June 30, 2021

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Individuals with properties acquired by the City Government of Muntinlupa under “Public Auction Sale” have a chance to buy back their properties but only until the end of the month.

Under City Ordinance 2021-206, the redemption period for properties acquired by the City Government of Muntinlupa for want of bidders for auction years 2014, 2015, 2016, and 2017 is extended until June 30, 2021.

This extension is an amendment to a former ordinance approved by the Muntinlupa City Council setting the deadline for the redemption of properties on December 31, 2020.

The City Government has approved the extension of deadline since most of the auctioned and acquired properties were small in area and a government project is not practicable to be ventured into such properties.

Further, funds collected from the auctioned properties will be used for the local COVID-19 response. In an initial report, approximately P55 million may be collected from the auctioned properties when delinquent property owners are given further extension to redeem.

The City Treasurer’s Office – Muntinlupa released an announcement in social media and posted posters and tarpaulins in conspicuous places informing the public about the deadline.

For more information, you may coordinate with the City Treasurer’s Office – Muntinlupa at 8862 2525 loc. 198 and 303.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Las Piñas City Tax Amnesty announced, good until May 15, 2021

Las Piñas City Tax Amnesty announced, good until May 15, 2021

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Yesterday the City Government of Las Piñas announced that property owners in the city who have not settled their dues have until May 15, 2021 to avail of the Tax Amnesty which is the result of the approval of City Ordinance No. 1729-20 (Series of 2021).

The Tax Amnesty covers all unpaid property taxes as well as Local Government interests, penalties and surcharges. Payment of taxes can be done by means of cash or by installment within the stipulated period.

The Tax Amnesty is meant to alleviate the financial concerns of the local constituents by giving them sufficient time to settle their taxes as the City Government is fully aware of the challenges and hardships caused by the pandemic on public health and on the economy.

Those who will be doing transactions at City Hall are advised to follow health and safety protocols.

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The above information was provided by the Las Piñas City Government for the purpose of public information and transparency. Some parts were edited for this website.

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673