{"id":77009,"date":"2016-06-07T04:58:12","date_gmt":"2016-06-07T08:58:12","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=77009"},"modified":"2016-06-07T04:58:12","modified_gmt":"2016-06-07T08:58:12","slug":"rockwell-land-forays-affordable-housing","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2016\/06\/07\/rockwell-land-forays-affordable-housing\/","title":{"rendered":"Rockwell Land forays into affordable housing"},"content":{"rendered":"
\"Rockwell<\/a>
Rockwell Land earlier unveiled plans to expand its hotel and leisure businesses amid the upbeat tourism growth prospects of the country. (Facebook photo<\/a>)<\/figcaption><\/figure>\n

MANILA \u2013 Lopez-owned property developer Rockwell Land Corp. has acquired a 37-hectare property in Lipa, Batangas as it forays into an affordable housing segment.<\/p>\n

Divino Villanueva, Vice President for Affordable Housing, said the company would start construction of its first horizontal housing project next year, catering the mid-market and affordable segments.<\/p>\n

Villanueva expects to complete the three-phase housing project in five to seven years.<\/p>\n

He said a unit costs Php4 million to Php5 million at the mid-market level.<\/p>\n

\u201cWe are bullish on the affordable and the provincial market because if you look at the statistics, in fact, there\u2019s a large housing backlog in the provinces on the affordable housing,\u201d Villanueva said in an interview.<\/p>\n

He said the country\u2019s housing backlog totals about three million so \u201ceverybody is trying to do their share.\u201d<\/p>\n

Apart from Batangas, Villanueva added they were looking for more sites to build more housing projects.<\/p>\n

\u201cSouth Luzon is a priority. And within South Luzon, Batangas is our priority. Obviously, other areas there would be Cavite and Laguna,\u201d he said.<\/p>\n

The developer earlier unveiled plans to expand its hotel and leisure businesses amid the upbeat tourism growth prospects of the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2013 Lopez-owned property developer Rockwell Land Corp. has acquired a 37-hectare property in Lipa, Batangas as it forays into …<\/p>\n","protected":false},"author":33,"featured_media":77010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,21],"tags":[11100,11101,11102],"class_list":["post-77009","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-real-estate","tag-rockwell","tag-rockwell-land","tag-rockwell-land-housing","mauthors-leslie-venzon","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/77009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=77009"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/77009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/77010"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=77009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=77009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=77009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}