*Updated on June 27, 2011 – The 5th Philippine Real Estate Festival will be happening on July 28-30, 2011. Click here to learn more about the Philippine Real Estate Festival 2011!
The 4th Philippine Real Estate Festival will be held on July 29-31, 2010, at the World Trade Center, Roxas Blvd. corner Buendia St., Pasay City Philippines, and just like last year, and the year before, I look forward to attending this year’s Philippine Real Estate Festival. The theme of Philippine Real Estate festival 2010 is “Global Tourism and Real Estate Development – Sunrise Industries for the Philippine Economy”
But do you really want to know why I want to attend this year’s Philippine Real Estate Festival or PREF? If you said “to get listings of foreclosed properties for sale”, you got that right! Aside from getting updated foreclosed property listings, I also look forward to the mini-seminars or learning sessions that are for free to the public, and will be held throughout the 3-day event. Here is their program of activities.
PHILIPPINE REAL ESTATE FESTIVAL 2010
PROGRAM SCHEDULE
DAY ONE (Thursday, 29 July 2010)
Morning Session
FORMAL OPENING OF THE FESTIVAL EXHIBIT & Displays
OPENING PLENARY SESSION
Thursday, July 29, 2010 – The World Trade Center, Pasay City (official venue)9:00 : Registration & Assembly
9:00 – 10:00 : Mass – Fr. Fernando M. Suarez
10:15 : Ribbon Cutting,Official Remarks & Tour of the Festival Exhibits
His Excellency Vice-President Jejomar C. Binay
(Public Viewing of the Exhibit Displays will follow)11:00 : Opening Plenary Session
Invocation – Fr. Fernando M. Suarez
Healing the Soul of the NationNational Anthem
Welcome Remarks
Rosemarie C. Basa, PREF President & CEOFestival Overview
Dr. Jaime A. Cura, Chairman, PREF Board of AdvisorsIntroduction of Keynote Speaker
Keynote Address
His Excellency Benigno C. Aquino III
President of the PhilippinesAdjournment
12:00 – 2:00pm : Luncheon Program: “New Communities for the New Filipino” (A Special Session on Alternative Models of Housing & Community Development – hosted by the San Miguel Group of Companies)
Opening Remark
Atty. Karlo Marco P. Estavillo
Vice President, San Miguel Corporation &
General Manager, San Miguel PropertiesEntertainment – Noel Cabangon, Angelo’s & other Artists
Short Remarks: Mr. Iliac Diaz
Founder, My Shelter FoundationMr. Antonio Meloto
Founder, Gawad- KalingaAtty. Alex Lacson
Organizer, Tuloy Pnoy MovementMr. Efren Penaflorida
CNN 2009 Hero of the YearClosing Remarks
Ms. Karen Ramos
Marketing Manager, San Miguel Properties Inc.Afternoon Session
Plenary Session II
“Positioning the Philippines for the Global Tourism Market”2:00- 2:30 : “Developing Philippine Real Estate With An Eye To Global Tourism”
The Hon. Alberto A. Lim
Secretary, Department of Tourism2:30 – 3:00 : “Overview of the Philippine Real Estate Market”
Mr. Lindsay John Orr
Chief Operating Officer, Jones Lang La Salle Leechiu3:00 – 3:30: “Practical Strategies in Finance & Infrastructure for
Emerging Markets in Real Estate and Tourism”
Mr. Arun Savkur
Managing Director, Quantum Group (New York, USA)3:30 – 4:00 : “Sourcing Global Funds for Emerging Real Estate andTourism Markets – How Can the Philippines Qualify?”
Mr. Rick Bernie Kawulia
Marketing Specialist, Funds Management (Retail &
Wholesale, Local & Global) (New South Wales, Australia)
4:00 – 5:00pm : Media Conference: A Televised Forum on Development of
World-Class Real Estate and Tourism Projects Fund SourcingTo be hosted by Mr. Tony Lopez
DAY TWO (Friday, 30 July 2010)
ASIAN FESTIVAL
10:00 – 10:30 : Raffle
10:30 – 12:30pm : Plenary Session III
An ASIAN Symposium on Model Projects and Best Practices
In Real Estate and Tourism DevelopmentInvited Speakers are Ambassadors and Eminent Persons from
the Asian Region like China, Singapore, Japan, Thailand,
Malaysia and Indonesia. To be hosted by Dr. Jaime A. Cura.The Symposium will provide an opportunity to learn from the
experience of some of our Asian neighbors whose real estate
and tourism industries have significantly contributed to the
development of their national economy.12:30 – 1:00pm : Raffle
Afternoon Session
2:00 – 5:00 pm : Plenary Session IV
Topical Presentations on Real Estate & Tourism Development
by Industry Leaders
1:00 – 2:00 : Holcim2:00 – 2:30 : “Developing Real Estate for Modern Lifestyles”
Ambassador Jose E.B. Antonio,
Chairman, Century Properties, Inc.
2:30 – 3:00 : “First-Class Communities for the Low-Income, The
Xevera Experience — A Re-Engineering of Low-Cost and
Socialized Housing”
Mr. Delfin Lee
Chairman& CEO, Globe Asiatique Realty3:00 – 3:30 : “Business Opportunities in the Retirement Industry”
Mr. Marc Daubenbuechel
Manager, Retirement & Healthcare Coalition for
European Chamber of Commerce in the Philippines
3:30 – 4:00 : “Today’s Major Challenges in Developing New Communities
Around the Country”
Mr. Henry Yap
General Manager, Robinson’s Land, Inc.4:00 – 5:00 : Open Forum
[Note: Continuous viewing of Exhibits & Displays from 10:00 a.m. to 8:00 p.m.]7:00pm : ASIAN CULTURAL FIESTA
An Evening of ASIAN Food, Music, and Dance
New World Hotel, Makati City
(By Invitation)Participants are invited Friends from the Diplomatic Corp., the Real Estate, Tourism &Business Leaders & Government Officials.
Attire: Strictly Formal Ladies: Evening Gown or Terno
Men: Barong Tagalog or Coat & TieTo be hosted by Mr. Johnny Litton
DAY THREE (SATURDAY , 31 July 2010)
Morning Session
9:00 – 12:00pm : Plenary Session V
Public Service Consultation on Business Concerns
Related to Real Estate, Housing, & TourismThis Forum will feature a Select Panel of Industry Resource Persons who will Answer, Questions & Offer Practical Advice on Industry-Related Matters. A 15 minutes opening remarks from theSpeakers followed by a Question & Answer Portion.
9:00 – 10:00 : Balikatan Group
9:30 – 9:50 : “Community Mortgage Program to Respond to Housing Backlog
for Marginalized Groups”
Atty. Fermin Arzaga, President, SHFC9:50 – 10:00 : Closing Remark – Balikatan Group
10:15 – 10:30 : “Housing for CCW & other Groups”
Atty. Jose Malvar Villegas
Founding Chairman, Citizen Crime Watch10:30 – 10:45 : “How Can You Be Sure That the Title to Your Property is
Genuine, and Not Fake?”
Dr. Jaime A. Cura,
CEO of Creba Land Services & Title Warranty Corporation10:45 – 11:00 : “How Can You Avail of Housing Loans Without Over-Extending Yourself?”
Mr.Jaime Fabiana, CEO of Pag-ibig Fund11:00 – 11:15 : “What Does RESA Require of Real Estate Service Practitioners?”
Dr. Eduardo G. Ong,
Chairman of the Professional Regulatory Board of RESA11:15 – 11:30 : “The Role of LGU in Tourism & Real Estate Development”
Hon. Hermogenes “Jun” Ebdane Jr.,
Gov. Province of Zambales11:30 – 11:45 : “What Are the Tax Obligations of Homebuyers?”
Mr. Vic Mamalateo, Former BIR Deputy Commissioner11:45 – 12:00 : “How Can You Harness the Positive of Your Real Estate Assets?”
Mr. Raymund Cordero, Feng Shui Expert12:00 – 12:30 : Luncheon Speaker
Cong. Jose Peping S. Cojuangco Jr.,
Former Tarlac Congressman
Convenor of Tunay na Pinoy Patriots12:30 – 1:00 : Open Forum
Afternoon Session Plenary Session VI
2:00 – 3:00 Design Showcase – An Inter-School Presentation on
Planning & Architectural Design of Facilities and Amenities
for Global Tourism & Real Estate Development (to be
participated by students from the College of Architecture of
various universities.Inspirational Speaker for Design Showcase
Senator Juan Miguel F. Zubiri
Senate Minority Leader3:00 – 5:00 : PREF Excellence Awards
Announcement of Awardees & Presentation of AwardsGuest of Honor & Speaker:
His Excellency Fidel Valdez Ramos
Former President of the PhilippineTo be hosted by RJ Ledesma
Source: http://www.philrealestatefestival.com/program10.html
In between the learning sessions, I also plan to visit business partners and friends who are also participating in the Philippine Real Estate Festival. So far I have confirmed that Philmay Property Inc. and OMI Land Title Services are participating in the real estate festival and I look forward to visiting their respective booths.
I outsourced the title transfer of one of the properties I purchased from a bank to my name and OMI Land Title Services completed this without a hitch (I’ll create a post about their excellent services soon). The services OMI Land Title Services offer include Title Verification, Title Transfer, Trace-back of Ownership, Relocation Survey, Reconstitution of Lost Titles, Free-Patent Titling, Cancellation of Annotation on Titles, Subdivision of Titles, Payment of Real Property Taxes.
If you are participating in the 4th Philippine Real Estate Festival, please do let me know by leaving a comment below. Thanks!
I hope to see you there!
To our success and financial freedom!
Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: https://www.foreclosurephilippines.com
Follow me in Twitter:http://twitter.com/jay_castillo
Find us in Facebook:Foreclosure Philippines facebook page
Text by Jay Castillo and Cherry Castillo. Copyright © 2010 All rights reserved.
PS. Attend the first ever Internet Marketing Boot Camp in Manila on July 29 and 30, 2010, an event created by Internet Marketing Maven Anton Diaz together with Larry Gamboa and Randy Manaloto. There will be 17 speakers in this two-day event in Dusit Hotel. Register now!
PPS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Inbox getting full? Subscribe through my RSS Feed instead!
Hi Sir Jay. Is there any upcoming schedule or session on real estate matters ? Thanks.
I missed this…
purchasing a home for rental is a good idea in a down market, insuring you use a property management company is even more important.
I hope you can share updates about PRC’s guidelines on RESA. I’m aspiring to be a licensed broker too like you. Thanks for this post but unfortunately it’s too late when I read it.
very informative posts on this website thanks for sharing. Learned a lot about real estate investing and other investments here.
Hi, Jay. I enjoy reading the articles posted in your website. They are very informative especially to starters like me. I intend to attend 1-2 days of this seminar. I look forward to seeing you in person.Regards.
jhe
Hi Jhe, thanks for the compliment, i hope to see you there on Friday afternoon! 🙂
Hi Jay
Can you give me the contact number of OMI Land. I am having some problems with the lots i purchased. Thanks
Hi Jun, You can contact Mr. Hardy Lipana of OMI at 8841106 or email at [email protected]. See you at the real estate festival!
How Much is the fee for the event?
Hi Sonny, it is free to the public. 🙂
how much does omi charge for their services?
Hi Kate, a ballpark estimate for title transfer services would be around 10k to 15k, depending on factors like location of property, completeness of documents, etc. It would be best to contact them directly. You can contact Mr. Hardy Lipana of OMI at 8841106 or email at [email protected], or you can just visit their booth during the real estate festival. 🙂
how many days will it take to transfer a title to a new owner? what is the steps and the documents needed
Hi Larry, in my case they completed the transfer in a little less than two months, which was very impressive, considering they also helped with the transfer of the tax declaration from the previous owner to the bank, which was required for the title transfer. I just gave them the following:
1. Notarized Deed of Absolute Sale between the bank and me
2. Photocopy and Original owner’s duplicate of Title which the bank gave to me after I was fully paid
3. Photocopy of Tax Declaration
4. CWT tax return (paid by bank)
5. DST tax return (paid by me)
6. Tax Identification No.
5. Photocopy of any Government Issued I.D.
They basically just informed me if there were any assessments I needed to pay like the transfer tax, registration fee, etc. which I would pay at their office, and they would handle everything!
I’ll create a post about this with more details soon.
Hi Jay!
I will wait for this topic.. I want to know more about the process, requirements and cost (tax.. tax…) for the TCT tranfer.. thanks and more power…
Hi Jay! How are you? It’s been awhile since we saw one another. I plan to go to the exhibit on the first day (July 29).Hope to see you there.
Best regards.
Jojo
Hi Jojo!, Thanks for dropping by! Yes, it has been awhile. I still remember how hectic it was during the apprentice challenge. Frankly, I feel like the team was not able to give you and the rest full attention because of the challenge and I would like to apologize for that.
Unfortunately I won’t be able to attend on Thursday as I plan to attend the Internet Marketing Boot camp at Dusit hotel. Instead, Bryan and I will be going on Friday afternoon. 🙁
what day and time will you be going, Jay? i like to meet the maestro:)
Hi Joey, Bryan and I will be there on Friday, after lunch. I hope to see you there!
Hello Jay. I’m very interested to attend this event. Like Vic, I wish to know if there is an entrance fee and how much? Thanks!
Hi Mon, as mentioned to Vic above, there should be no entrance fee. I attended all previous real estate festivals(2007, 2008, 2009) and there were no entrance fees, this year should be no different. Furthermore, there was no mention of any entrance fee on their website. 🙂
Hi Mr. Jay!
I want to ask re TCT of your purchased property, are you transfering it to your name before you sell it. Im just wondering for the cost of it (tranfer tax and capital gain tax , etc..) that cost a lot. Since our object is to sell it, will it be possible to tranfer it the new buyer instead to save on transfer cost.
What are the requirement for this kind of situation?
Thanks and more power..
Hi Aileen, yes, I transferred it to my name as my buyer intends to get a pag-ibig housing loan and one requirement given to them was the title should be under the name of the seller, which is me. The CWT was shouldered by the bank, I believe 6% of their selling price to me, I shouldered the DST which is 1.5% of the bank’s selling price. I also shouldered the transfer tax which was roughly Php6K.
It would be possible to assign your contract through a deed of assignment, and this would save on transfer costs, as long as the bank will allow it.
Cheers!
Hi Jay!
Thanks for the reply.
The 6% CWT paid by the bank was for the selling of the property to you right?
Then there will be another 6%CWT for selling again the property. Is this correct?
What is the deed of assignment?
Thanks and more power!
Is there an entrance fee?
Hi Vic, should be free to the public, no entrance fee. 🙂
Hi Jay,
See you there bro!:)
Hi Bryan, see you there!
Bro i hope you will not backs out again like the money summit expo..hehe
Haha, oo nga Bryan, hindi ka nga pala nakapunta sa Money Summt. Present kami ni Jun although hiwalay kami ng seats kasi sa VIP section si Jun. 🙂
Haha! Ikaw talaga Jun! Correct ka, nag backout nga ako at the last minute.:) Hihi. Family first. My daughter was actually at The Medical City this morning kasi 6th day na nya ng on and off na high fever. Sabi ng doctors I-confine nalang para ma-monitor. But she’s in high spirits.:) But, I really hope nothing will come up that I won’t be able to attend the festival kasi aalakahin mo nanaman ako.:) Hehe
Minsan kita tayo ulit! Baka pwede tayo maglaro ng cashflow?:)
Kitakits!