Recently the Department of Finance (DOF) announced that it is considering selling the government’s share in South Luzon Expressway (SLEX), according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the Manila Bulletin. Some parts in boldface…
The Department of Finance (DOF) is considering selling the government’s stake in the South Luzon Expressway (SLEX) by the end of this year.
Finance Undersecretary Catherine L. Fong told Manila Bulletin that the government’s ownership in SLEX is included among the assets slated for privatization in 2024.
However, Fong did not provide additional details when asked about the specific shares in SLEX that are being considered for sale.
The government currently holds a 20 percent stake in SMC SLEX Inc., the toll road operator, through the state-owned Philippine National Construction Corp. (PNCC).
SMC SLEX, formerly known as South Luzon Tollway Corp, operates as a unit of San Miguel Holdings Corp. and is a joint venture with PNCC.
Fong said that the Land Bank of the Philippines will conduct the valuation of the SLEX shares.
In 2006, SMC SLEX was granted a 30-year concession, set to expire on Feb. 1, 2036, to operate and manage SLEX, a major tollway in Luzon.
The proceeds from the sale will help achieve the Marcos administration’s target of generating P42.12 billion in non-tax revenues through privatization in 2024.
Apart from the SLEX shares, Fong said that the DOF is also set to sell the 2.2-hectare Mile Long property in Makati.
Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think selling the government’s stake in the SLEX will turn out good and sensible?
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
In recent times, a lot of people have spotted electric bikes (e-bikes) and electric tricycles (e-trikes) traveling on national roads – including the South Luzon Expressway (SLEX) – and posted images of them online. That being said, the local authorities could not ignore the many complaints of these electric vehicles (EVs) and they will respond by issuing a new guideline soon, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news article. Some parts in boldface…
Viral videos of complaints against e-bikes and e-trikes , including an elementary pupil driving one of them on a national road and their presence on major thoroughfares that include the South Luzon Expressway (SLEX), have prompted national government agencies to expedite the finalization of the rules and regulations that would govern both their ownership and use.
On the side of the Land Transportation Office (LTO), its chief, Assistant Secretary Vigor D. Mendoza II, said two of the measures that would be included in the recommendation they would submit to the Department of Transportation is for the registration of the e-bikes and e-trikes before the agency.
E-bikes and e-trikes are not required to be registered similar to motor vehicles and this is actually the major marketing strategy of its sellers, according to Metropolitan Manila Development Authority (MMDA) chairperson Don Artes.
Aside from registration requirements, Mendoza said they will also include in the recommendation the issue on whether or not the users of e-bikes and e-trikes will be mandated to obtain a driver’s license.
Artes, again, said the non-requirement of a driver’s license to drive them is another selling point of the e-bikes and e-trikes.
According to Mendoza, another argument that will be included in the recommendation is the total ban of e-bikes and e-trikes not only on national roads but also on major thoroughfares and even public roads, particularly the busy ones.
“The guideline (on e-bikes and e-trikes) must be released within this month because a publication of it is still needed before the implementation,” said Mendoza in a press briefing at the MMDA office in Pasig City on Thursday, Feb. 15.
“So we should be able to submit our recommendations to the Secretary (DOTr Secretary Jaime J. Bautista) within this week so that everything will be finally ironed out,” he added.
Exponential growth – Asked if the national government has a data on how many e-bikes and e-trikes in the country, Artes said they do not have the figure simply because there is no source of credible information since e-bikes and e-trikes are not required to be registered.
Artes, however, said that in Metro Manila alone, they have been seeing an exponential growth on the number of e-bikes and e-trikes.
But in Caloocan City where an ordinance was passed for the mandatory accounting of e-bikes and e-trikes, Artes said the figure is at around 18,000.
“So in just one LGU (local government unit) here in Metro Manila, there were already 18,000. So you can just imagine using the fact there are 17 LGUs here in Metro Manila. For sure, there are plenty of them,” said Artes.
“This is really concerning in terms of road safety because they are using roads, especially major roads, and some of the users do not even have the idea of basic road regulations that may cause accidents. So it’s about time that we come up with regulations on this matter,” he added.
E-bikes accident data – Based on the data released last month by the MMDA, a total of 556 road accidents were recorded in Metro Manila involving e-bikes and e-trikes from January to November last year.
There were two reported fatalities recorded in the same period—one was reported in February last year while the other one was reported in August last year.
The same data revealed that e-bikes and e-trikes accidents resulted in 282 non-fatal injuries and 281 cases of damage to property.
Enforcement difficulties – Artes admitted that their enforcers on the roads are having difficulty dealing with e-bikes and e-trikes.For one, they could not issue a citation ticket for traffic violation since the riders have no driver’s license in the first place.
Another one is that they could not also impound the e-bikes and e-trikes due to the absence of a guideline that would legally allow the MMDA to do so.
Consolidation of policies – Artes said there are a number of local government agencies which came up with guidelines on the use of e-bikes and e-trikes, one of them is their use for livelihood by allowing e-trikes to be used as public utility vehicles.
On the part of the national government, Mendoza said they will come up with a guideline that would be nationwide in scope in coordination with local government agencies and other stakeholders.
This is the reason, he said, why they have been continuously meeting even with representatives of groups advocating e-vehicles.
“The guideline that will be issued will be nationwide on scope. So it is important that coordination with LGUs and other stakeholders is important,” said Mendoza.
For road safety – Both Artes and Mendoza said that the guidelines that will be issued by the national government are purely aimed at ensuring the safety of all road users, including the riders of e-bikes and e-trikes.
To see why e-bikes and e-trikes are problematic on major roads and highways here in the Philippines, watch the following videos below…
Let me end this piece by asking you readers: What is your reaction about this recent development? Do you consider e-bikes and e-trikes traffic hazards on major roads and highways? Do you think the national authorities will be able to come up with new rules in response to the many complaints made against e-bikes and e-trikes? Do you want to see all e-bikes and e-trikes banned on major roads and highways nationwide? Should all e-bikes and e-trikes be registered and their respective drivers should be required to have drivers’ licenses?
Recently in the City of Muntinlupa, the City Government formally turned over several motorcycles that the local traffic enforcers will use in the line of duty, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…
The Muntinlupa City government turned over 16 motorcycles to traffic enforcers to beef up their capabilities.
“To those who regularly disobey road rules and regulations, you have been warned; sorry if our enforcers catch up to you,” said Mayor Ruffy Biazon during the blessing and turnover of the motorcycles to the Muntinlupa Traffic Management Bureau (MTMB).
Biazon said that the new motorcycles are a significant upgrade to the current fleet of the MTMB.
“These units now have a displacement of 400cc which makes them eligible to enter the (South Luzon) expressway; this will enable them to chase and apprehend violators,” he said.
Biazon reminded the traffic enforcers to be good stewards of the new patrol bikes by using them appropriately, and to implement the law correctly.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted about the local traffic enforcers receiving new motorcycles that should help them do their jobs better? Do you think abusive motorists will become hesitant to commit traffic violations knowing that the local traffic enforcers can use the new motorcycles to catch up with them?
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
Recently in the progressive City of Muntinlupa, developer Filinvest Land, Inc. (FLI) had a ceremonial topping-off at one of the key buildings of the Belize Oasis Alabang community, according to a BusinessWorld news report. Belize Oasis Alabang is the company’s resort-inspired, mid-rise residential community accessible by the East Service Road within Muntinlupa.
To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…
LISTED property developer Filinvest Land, Inc. (FLI) recently topped off the first building in its Belize Oasis community in Alabang, Muntinlupa City.
FLI said in a statement that the Building Azul is a low-density tower with only 25 units per floor. It is part of Belize Oasis, the company’s first mid-rise development in Muntinlupa City under the Aspire by Filinvest brand.
FLI said Building Azul has a “Venti-lite” design that incorporates sky gardens, allowing natural light and ventilation to the hallways.
“Soon, the future residents of Belize Oasis will have the privilege of enjoying the attractive features that this project has to offer. Nestled in a highly accessible area, Belize Oasis can be easily reached through major thoroughfares such as C5, South Luzon Expressway, and the Skyway,” FLI First Vice-President for Brand/Product and Regional Project Head for Medium-Rise Buildings Aven D. Valderrama said.
Belize Oasis is only a few minutes away from Filinvest City, FLI’s 244-hectare township in Alabang.
“Belize Oasis presents a golden opportunity to invest in a prime location with a ready rental market. Alabang has long been coveted due to its strategic positioning, excellent connectivity, and thriving commercial and business districts,” the company said.
Let me end this piece by asking you readers: What is your reaction to this recent development? If you are a Muntinlupa resident, do you think Belize Oasis Alabang will attract a lot of new residents and add significantly to the economic dynamism of Alabang?
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
Have you been driving lately along the Muntinlupa-Cavite Expressway (MCX)? In case you missed the news, the MCX has officially been acquired by a company led by the influential Villar group for almost P4 billion, according to a Manila Standard news report.
To put things in perspective, posted below is an excerpt from the Manila Standard news article. Some parts in boldface…
Prime Asset Ventures Inc., a company led by the Villar Group, on Wednesday finalized the acquisition of the four-kilometer Muntinlupa-Cavite Expressway from Ayala Corp. for P3.8 billion.
PAVI said in a statement it signed the implementing agreements for the acquisition of MCX after the Department of Public Works and Highways in July approved the transfer of ownership of from Ayala Corp. to the Villar Group.
Vista Land chairman Manuel Villar Jr. and Ayala Corp. president and chief executive Cezar Consing attended the signing ceremony at Brittany Hotel in Bonifacio Global City, Taguig.
“This momentous event shows our resolve to provide our countrymen better services in the area of roads and toll ways. You’ll be surprised of the many wonderful things to come in Villar City,” Villar said.
MCX is a four-kilometer controlled-access toll road linking the southern part of Cavite to Muntinlupa. It is the first public-private partner project under the Aquino administration.
Ayala signed the 30-year concession agreement for the operation of MCX Expressway in 2012. It invested P2.2 billion for the project including a P902-million cash payment to the government.
Ayala announced in March 2022 it would sell its entire stake in MCX Project Company Inc., which holds the concession for the MCX to the Villar Group for P3.8 billion.
“Ayala developed MCX over a decade ago to connect Metro Manila to Imus, Dasmarinas and Bacoor in Cavite which were experiencing rapid growth. MCX succeeded in relieving traffic congestion and reducing the travel time between Metro Manila and Cavite. The sale of MCX represents another example of our recycling capital to benefit from opportunities in our core and emerging businesses,” Consing said.
The acquisition will further expand Villar Group investment portfolio which currently includes housing, retail, food, water, power, and utilities, to integrated resorts and entertainment.
Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think there will be major changes regarding the MCX under the new owners? Do you constantly travel along the MCX?
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
Panda Express’ newest branch is located at the corner of the Alabang-Zapote Road and Madrigal Avenue. The said branch is located right beside Jollibee and are part of the Molito Complex. The commercial space occupied by Panda Express Alabang (also referred to as Panda Express Madrigal) was a Chowking branch.
Panda Express in Alabang at the corner of Alabang-Zapote Road and Madrigal Avenue.
For the newcomers reading this, Panda Express started in Glendale, California in the United States in 1983 and expanded worldwide with over two thousand branches. Within South Metro Manila, Panda Express has a branch at Doña Soledad Avenue in Parañaque City and also one at the basement level of SM Southmall in Las Piñas City.
With regards to food, Panda Express’ most notable food is its Orange Chicken (note: chicken nuggets with a unique texture and taste). They also offer Black Pepper Steak, Mongolian Pork, Kung Pao Chicken, Beijing Beef, Broccoli Beef, Eggplant Tofu, Fried Rice, Chow Mein and Mixed Vegetables to name some.
The food for customers’ to choose from inside Panda Express.
If you will be visiting a Panda Express for the first time ever, you will have to adjust yourselves to the restaurant’s use of terms such as entrées and sides when you select the meals you want to eat. Don’t feel intimidated as the restaurant has personnel who will explain things to you and guide you.
Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this recent development? Are you excited to try out the food served by Panda Express now that they have a branch in Alabang? If you are an Alabang resident, do you think Panda Express has what it takes to compete and survive given the fact that the Alabang commercial areas are filled with lots of restaurants already? If you were able to eat at a Panda Express restaurant before, which particular meal did you enjoy the most from them?
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
If you are a non-resident motorist with a valid AHVA car sticker who constantly passes through Alabang Hills Village in Muntinlupa City, be aware that there are tree pruning operations going on inside the village and you will need to a bit patient with regards to potential reduction of road space or potential obstacles on the road in relation to the pruning.
The Alabang Hills Village Association (AHVA)announced recently to their residents the pruning of trees all around the village which is being done in preparation of the incoming typhoon season. The pruning operations include the rent of a “boom crane” which is to help them reach and cut the higher branches. They also stated that the said crane may not always be available and they may need to do the pruning during weekends. Pruning operations, unsurprisingly, will produce noise and the AHVA asked their residents for their indulgence and understanding.
On a different matter, the issuance of new vehicular stickers for non-resident motorists is ongoing in Alabang Hills. Those of you who need to renew your old AHVA non-resident sticker can apply online at https://alabanghillsvillage.com/sticker/ or you can apply off-line by visit the office at 1 Don Jesus Boulevard inside Alabang Hills Village from Monday to Friday, 8AM to 5PM. Always remember to follow their rules and speed limits whenever you are in the village.
For your reference about the new AHVA stickers.
For more information, call the AHVA at landline 88508254.
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
Traveling south along the South Luzon Expressway (SLEX) will lead to more destinations faster as the Department of Transportation (DOTr) and other stakeholders approved the SLEX TR5 (South Luzon Expressway Toll Road 5) which is over 400 kilometers long, according to a Malaya news report. The said toll road stretches from Lucena, Quezon province to Matnog, Sorsogon.
To put things in perspective, posted below is the excerpt from the Malaya news report. Some parts in boldface…
The Department of Transportation (DOTr), along with other government agencies, has given the green light for the 420-kilometer South Luzon Expressway Toll Road 5 (SLEX TR5) from Lucena, Quezon to Matnog, Sorsogon.
The supplemental toll operations agreement was signed last June 3, almost two years after the Toll Regulatory Board (TRB) designated San Miguel Corp.’s proposal as a certified toll road project.
The agreement was signed by the DOTr, TRB, Department of Public Works and Highways (DPWH) and San Miguel Holdings Corp. (SMHC), and will be submitted to the Office of the President for approval.
As a toll road project, SLEX TR5 will involve various activities such as a right-of-way acquisition and construction, among others.
According to the TRB and the toll concessionaire, SLEX TR5 will connect Quezon and the provinces in Bicol. It is also expected to provide better and safer access to the tourism destinations, roll-on roll-off ports and fish ports in the provinces as well as address the traffic congestion in Bicol Region.
The TR5 is a four-lane divided toll road that starts from the terminal point of the SLEX TR4 project at Barangay Mayao, Lucena City in Quezon and ends at Matnog in Sorsogon near the Matnog Ferry Terminal.
SLEX TR5 is composed of eight segments which will run parallel to the existing Philippine National Railways, Maharlika Highway and Padre Burgos National Road or Quirino Highway.
The first segment is a 59.6-km. expressway from Lucena to Gumaca in Quezon that is estimated to cost P22.6 billion. Segment 1 is expected to be completed within 24 months, according to the DPWH.
Let me end this piece by asking you readers: What is your reaction to this new development? Once the toll road is completed, do you intend to travel far further south?
There is no doubt that the Philippines is socially and economically recovering from the COVID-19 crisis. Business and economic readings of the nation in 2021 showed improvements over 2020. Apart from rising business confidence, there is also growing confidence in real estate and investments. That being said, SM Development Corporation (SMDC) is making a bullish bet at the Southmall complex in Las Piñas City with their project South 2 Residences, according to a business article published by Manila Bulletin. To the potential investors and searchers of new homes reading this post, I urge you to pay close attention.
Artistic image of the project as published through the Manila Bulletin.
To put things in perspective, posted below are selected excerpts from the Manila Bulletin article. Some parts in boldface…
South 2 Residences is a master-planned developments that unlocks so much more than just ease and comfort, having everything within reach, in a strategic location where all key destinations are made accessible. This gated vertical community in Las Pinas city is poised to give investors and future residents wide-ranging rewards that cover it all.
Integrated living keeps destinations close and health risks at bay – Owning a home surrounded by essential establishments has proven itself vital during this time of a global pandemic. There is a massive and even potentially life-saving difference between having to ride in a car to go places, and simply taking a few steps for a grocery run or your bank errands.
Located in the Southmall Complex in Las Pinas City, SMDC’s South 2 Residences is orbited by several key lifestyle, commercial, and office destinations. This includes retail shops, leisure and entertainment stations, and a plethora of dining options at SM Southmall. There are also banking establishments such as BDO and Chinabank, health institutions such as The Medical City Clinic, and office spaces at the SM South Tower.
“It is much more important now to have easy and fast access to essential facilities such as hospitals, rehabilitation centers, drug stores, supermarkets, and places of worship,” writes Andrew Frondozo, Head of Project Management at Santos Knight Frank, in the real estate expert’s Global Buyer Survey 2021: The Philippine Edition. “This increased realization is no longer for the middle-aged or the elderly, but younger people even.”
Living in a 15-minute city like South 2 Residences, where important destinations are all within walking distance, also means your car can stay parked, helping you save money as oil prices shoot up.
Artistic view of the South 2 Residences amenities as published through the Manila Bulletin.
Accessibility, well-appointed spaces, and more – SMDC’s South 2 Residences is accessible to all parts of the metro through convenient road networks such as the Muntinlupa-Cavite Expressway (MCX), South Luzon Expressway (SLEX), Emilio Aguinaldo Hi-way, and the Metro Manila Skyway. It is also close to the Skyway Extension, LRT-1 Cavite extension, and C-5 Southlink.
Upon reaching the property, one can immediately get a sense of grandeur from South 2 Residences’ imposing presence in the neighborhood. The impression only gets stronger as you enter the hotel-like lobby, adorned with impeccable design and décor.
South 2 Residences, likewise, presents a full range of resort-style amenities, including landscaped swimming pools, children’s play areas, pocket gardens, a gym, and high-speed elevators.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what do you think about South 2 Residences? If you are an investor or if you have the means to buy a unit where you and your family can live in, are the declared amenities and accessibility to SM Southmall ideal to you? Does the idea of living in a new community in close proximity to Alabang-Zapote Road sound like a turn-off to you?
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
San Miguel Corporation (SMC) is back in the news again as its ambitious South Luzon Expressway (SLEX) Elevated Extension Project was inaugurated recently by Philippine President Rodrigo Duterte, GMA Network reported.
For the newcomers reading this, SMC under the leadership of CEO and President Ramon S. Ang is the same corporation behind the improvements made to the Metro Manila Skyway which ultimately benefited many travelers with improved accessibility and reduced travel times. Ang was present during the inauguration of the SLEX Elevated Extension Project which is worth P14 billion and is almost 4 kilometers long.
To put things in perspective, posted below is the excerpt from the GMA Network news report. Some parts in boldface…
President Rodrigo Duterte on Tuesday led the inauguration of the newly completed South Luzon Expressway (SLEX) Elevated Extension Project, which is seen to ease traffic and boost economic growth in Metro Manila and its surrounding provinces.
In his remarks during the inauguration ceremony at Alabang Northbound Entry in Muntinlupa City, Duterte lauded the formal opening of the SLEX Elevated Extension Project “at a time when our economy is slowly opening up and recovering from the effects of the COVID-19 pandemic.”
“I am personally excited of this expansion projection which is expected to promote greater mobility, help ease traffic, and redound to the economic growth and productivity in Metro Manila and its surrounding areas,” the President said.
For his part, San Miguel Corporation (SMC) president and CEO Ramon Ang said the northbound and southbound lanes of the P14-billion SLEX Elevated Extension project can accommodate 200,000 cars per day.
The four-kilometer project connects Skyway in Sucat, Parañaque to SLEX at Susanna Heights in Muntinlupa, bypassing the Alabang viaduct and providing motorists a direct access to Skyway 1, 2, and 3.
“With this, travel time between Muntinlupa and Balintawak will now be reduced from two hours to just 30 minutes. This will go a long way in addressing traffic congestion,” Ang said.
“Since we soft-opened the southbound SLEX Extension last December 10, 2021 motorists in the south have seen a major improvement in the traffic situation. It has provided relief to thousands of motorists who go home every day to Muntinlupa, Las Pinas, Cavite, Laguna, and Batangas. With both the southbound and northbound section of the SLEX Extension now fully operational, travel to and from the south is easier and faster than ever,” the SMC chief said.
Originally, the project was set for completion by December 2020, a little over a year since it began.
However, this was pushed back when the COVID-19 pandemic struck the Philippines in March 2020, necessitating quarantine restrictions which slowed work progress.
And here is the related video about the inauguration…
Let me end this piece by asking you readers: Do you often travel on the Skyway Elevated Extension? How was your travel experience on the Skyway and the elevated extension going north or south? Do you hope to see San Miguel Corporation keep funding and improving major infrastructure projects in the years to come?
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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