MABALACAT CITY, Pampanga – Amidst the current Covid-19 pandemic, demands for affordable and ready for occupancy housing units remained steady in this province.
This is clearly evident in the case of property developer Westchester Realty Corporation (WRC). “We are selling like hotcakes since Westchester took over the Xevera Mabalacat and Bacolor housing communities. We have noted brisk sales in both projects,” said WRC chairman Rod Valencia at the recent turnover of 200 houses to buyers here.
TURNOVER. Real estate developer Delfin Lee (seated, right), delivers land titles to Xevera Bacolor and Mabalacat homeowners on Saturday (Oct.10, 2020) as his commitment since Westchester Realty Development took over the housing project. (PNA photo by Marna Dagumboy-Del Rosario)
Valencia said WRC sold over 1,000 units in this city alone, a positive outlook on the current situation in the province’s real property industry, one of the sectors extremely affected by Covid-19.
He said home buyers composed mostly of overseas Filipino workers (OFWs) and workers in nearby Clark Freeport, including migrants from Metro Manila, swarmed Westchester office in Xevera Mabalacat and Bacolor town to secure housing units in both projects.
Valencua said the projects’ accessibility, affordability, and easy payment terms, complete amenities, and ready for occupancy status served as key factors for their marketing success.
He said there is no similar housing development project elsewhere that can offer the same kind of amenities and readily available housing units like what the offer in Pampanga,
He said Xevera housing units can be acquired through housing loans from the Home Mutual Development Fund or Pagibig Fund for a low-interest rate.
He also said their upward sales trend “clearly manifests a vibrant economy within the surrounding communities of Clark Freeport, adding that the units’ accessibility and affordability are just plus factors.
WRC earlier took over the Xevera Bacolor and Mabalacat housing project from of Globe Asiatique, owned by Delfin Lee who assisted in the formal turnover rites.