By Kathleen A. Martin (The Philippine
Star) | Updated October 17, 2015 - 12:00am
MANILA, Philippines - Government
agencies started yesterday offering 29,681 housing units at the annual Housing
Fair that would end this Sunday.
During the fair’s opening ceremony,
Acmad Rizaldy P. Moti, deputy CEO at the Home Development Mutual Fund (Pag-ibig
Fund), said the housing units are part of what the public may purchase during
the three-day event at SM Megamall in Mandaluyong City.
He said the acquired assets of
Pag-ibig Fund, the Home Guarantee Corp., National Housing Mortgage Finance
Corp., Bangko Sentral ng Pilipinas, and Social Security System, would be up for
sale at lower prices.
The housing fair also has participants
from the banking sector and private developers which offer newly-built housing
units also at affordable prices.
Moti said the event has already
evolved from the first time it was held in 2006, during which housing units
were only offered for government employees including local government units.
At present, the Housing Fair now
caters to all Filipinos wanting to purchase homes at affordable prices and
terms they can cope with.
Moti said the low interest-rate
offerings would make it easier for the public to acquire homes from the
exhibitors, which are mostly government housing agencies.
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