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Brief Description of the Project

BRUNA BAUTISTA VILLE CMP PROJECT


I INTRODUCTION:
BRUNA BAUTISTA VILLE CMP PROJECT is a Community Mortgage Program Project under the
Social Housing Finance Corporation. It is a joint project of BRUNA BAUTISTA VILLE CMP
Homeowners Association , Inc. as Beneficiary, CARLITO M. BAUTISTA, TRINIDAD BAUTISTA-
GONZALES, MATEO BAUTISTA AND GENE VINCENT BAUTISTA , and Heirs of MARIO M.
BAUTISTA represented by TRINIDAD BAUTISTA-GONZALES, Attorney-In-Fact, as the
Landowner; PHIL-GEMM ALLEVIATION FOUNDATION INC. as the Project Originator and the
Social housing Finance Corporation as the Government Agency implementing the Community Mortgage
Program (CMP) of the National Government. and other concerned government agencies in the Housing
Industry as mandated by R.A. 7279. BRUNA BAUTISTA VILLE CMP PROJECT is a socialized
housing project under the Community Mortgage Program of the Social Housing Finance Corporation
(SHFC) under the umbrella of Department of Human Settlements and Urban Development
(DHSUD) headed by Interim Secretary EDUARDO DEL ROSARIO, a Flagship Project of the Office of
the President.
II OBJECTIVE
To provide decent and affordable residential lots to ONE HUNDRED FIFTY EIGHT (158)
member/Beneficiaries who will be pre-qualified by the LGU. Squatters of private and public land shall
be the priority target while leases and borders of private houses, others are immigrant from neighboring
towns and provinces who have already established their permanent means of livelihood in the City shall
be secondary beneficiaries.
III PROJECT OVERVIEW
The project is adjacent to the proposed AARON RESIDENCES, a newly approved subdivision of
Santiago City hence, it is with in the residential build up in the City. It is relatively flat and need to be
elevated for at least a minimum height of 50 centimeters and a maximum of 75 centimeters to ensure
drainage system to flow into a natural water way, in fact the extreme western part is bounded by a creek.
The land is owned by CARLITO M. BAUTISTA, TRINIDAD BAUTISTA-GONZALES,
MATEO BAUTISTA AND GENE VINCENT BAUTISTA , and Heirs of MARIO M. BAUTISTA
represented by TRINIDAD BAUTISTA-GONZALES, covered and embraced under (TCT) Nos. T-
304459 (165-SC-88198), 165-2016002810, 165-2018003203, T-304456 (SC-18173), T-304458(SC-
88197), T-304457 (SC-88196) with an aggregate land area of SIXTEEN THOUSAND EIGHT
HUNDRED THIRTY FOUR (16,834) Square Meters , registered in the Registry of Deeds of Santiago
City . It is also classified and declared in Tax Declaration No.__________________ of the assessment
roll of the Province of Isabela as residential. The
The project Land Development is under BP 220 and its implementing Rules and Guidelines. It has
a standard Road width of 8.0 meters which will be developed by the FRONT NINE KONSTRUK
REALTY DEVEOPMENT CORPORATION, a stock corporation registered under the law,
represented by its Authorized Managing Officer MARK ANGELO L. NOCUM of legal age, Filipino,
single with residence and postal address at Brgy. Bangad, Cabanatuan City, Nueva Ecija. Circulation
road width ranges from 8 meters, 6.5 meters & 4.00 meters all weather road. Power supply is from
ISELCO-I. Water supply shall be supplied by Santiago Water District.
The target Beneficiaries of this Project comes from the low and average income earners of
Santiago City of which most of them are fisherman, farmers and vendors, government and private
employees others also came from neighboring barangays of which most of them are boarders, lessees
and squatters (informal settlers) of private and public lands and also those who were frequently affected
by typhoon and flood due to typhoons and heavy rains. Others may have resided with in the City or have
already established businesses in the City but are landless and homeless,
Awardees of house & lots, refers to as the Beneficiaries, will reside in the area for them to be
legible for CMP Loan . They will pay the cost of their individual units through a community loan under
the Community Mortgage Program of the Social Housing Finance Corporation, which they will
amortized on a monthly basis with a maximum of THREE THOUSAND FIVE HUNDRED PESOS &
(P3,500.00) , that includes interest at 4% per annum and Mortgage Redemption Insurance ( MRI) for a
maximum period of THIRTY ( 30) years.
The project is located Southeastern side, adjacent to a proposed Subdivision, the Aaron
Residences, more or less Seven Hundred Fifty (750) meters from the Santiago City Hall (direct horizontal
distance), with a horizontal distance of three hundred ninety one (391) meters away from National
Highway, a few hundred meters away from many major commercial and institutional establishments,
Public Market, Commercial and Rural Banks, Gasloline stations, Major Food Chains like Jollibee, MC
Do, Chowking and Mang Inasal, Hotels like Amancio Hotel, Hospitals like Emergency and Renmar and
Educational Institutions like La Sallette of Santiago City, North Eastern College, AMA, STI and Sable
College and other major Land Marks of Santiago City like Centro Mall, Mart One, Xentro Mall, Save
More and recently opened the Robinson’s Place, Santiago, it is with in the Metro Poblacion of Santiago
City. It is also accessible to all kinds of land transportation. A minute travel to the Public Market. It is
open to traffic. The project site is relatively with in the residential expansion of Rizal and San Andres,
Santiago City.
IV PROJECT PROFILE:
A. SUMMARY:
1. PROJECT NAME : BRUNA BAUTISTA VILLE CMP PROJECT
LOCATION : Corner Libunao St.( Brgy Rizal) and Natividad St.
( Brgy San Andres) Santiago City
2. PROJECT CLASSIFICATION : Community Mortgage Program
3. FINANCING AGENCY : Social Housing Finance Corporation (SHFC)
4. PROJECT PROPONENT :
LANDOWNER :BRUNA BAUTISTA SIBLINGS represented by
TRINIDAD BAUTISTA-GONZALES
ORIGINATOR :PHIL-GEMM ALLEVIATION FOUNDATION
INC
BENEFICIARY : BRUNA BAUTISTA VILLE CMP HOAI
7. TARGET BENEFICIARY :Landless, homeless, boarders, lessees gov’t and
private employees, businessman, self-employed and
etc who qualify for CMP Loans
8. TOTAL AREA : 16,834 SQ.M.
9. AREA SUBJECT FOR CMP : 12,757 SQ.M.
10. TOTAL LOTS GENERATED : 158 Lots
SUBJECT FOR CMP : 158 Lots
11. TOTAL PROJECT COST : P 16,006.00
SUBJECT FOR CMP : P 91,640,000.00
LAND PROFILE
1. LEGAL ASPECT:
Landowner : BRUNA BAUTISTA SIBLINGS represented by
TRINIDAD BAUTISTA-GONZALES
TCT Nos. : T-304459 (165-SC-88198), 165-2016002810, 165-
2018003203, T-304456 (SC-18173),
T-304458(SC-88197), T-304457 (SC-88196)
Area : 16,834 Sq.M.
Area Subject for CMP : 12,757 Sq.M.
Land Classification : Residential
Land Conversion : Not Applicable
Encumbrance : None
Realty Taxes : Updated
2. TECHNICAL ASPECT
a. LAND DISTRIBUTION:
Saleable Area : 8,003 Sq.M.
Open Space 561 Sq.M
Roads 4,193 Sq.M.

b. SITE CONDITION AND CHARACTERISTICS


Topography: Relatively Flat
Existing Facilities with in the Vicinity:
Water : Santiago Water District (Rizal Pumping station 2)
Power Supply : ISELCO I
Recreation : Private Resorts ( Gatio-an Hotel and Resort)

c. LAND DEVELOPMENT FEATURES


Roads :All weather Road
Drainage :Open Concrete Canal System

d. ACCESSIBILITY :
Access Road : Concrete Entrance Road, Corner Libunao St.( Brgy
Rizal) and Natividad St. (Brgy San Andres) Santiago
City leading to National Highway
Others : Santiago City Hall, Commercial Establishments’ of
Santiago City, Public Market, Various Banks,
Churches and Private and Public Hospitals, Colleges
and University, Public and Private Elementary &
High Schools, Hotels, Resorts, Hospitals and
Industrial and Commercial Establishments, various
gasoline stations, Police Stations, Radio Stations,
Malls, Central Terminal and, public and Private
Cemetery and etc.
e. HOUSE FEATURES:
General Specifications: Row house with loft, or as permitted by the
Building Official
IV - MARKET FEASIBILITY
The qualified beneficiaries of the project are those Landless, homeless, boarders, lessees gov’t and
private employees, businessman, self-employed and etc who qualify for CMP Loans, landless residents of
Santiago City and neighboring towns, informal settlers who are living in the blighted , private and
government lands and have a permanent source of income. Accordingly, the income bracket of the
beneficiaries shall be from Five Thousand (P8,000) to Six Thousand pesos (P15,000) to enable them to
amortized their loan with a maximum monthly amortization of THREE THOUSAND FIVE HUNDRED
PESOS & (P3,500.00) , that includes interest at 4% per annum and Mortgage Redemption Insurance
( MRI) for a maximum period of THIRTY ( 30) years.

Under the propose subdivision plan , there will be ONE HUNDRED FIFTY EIGHT (158)
generated saleable lots with a maximum lot area of NINETY TWO (92) SQUARE METERS and a
minimum lot area of FORTY TWO (42) SQUARE METERS and regular area is FORTY ( 48 )
SQUARE METERS
The beneficiaries shall comply with the existing Rules and Regulation implementing of the CMP
program. They shall be members of the Homeowners Association and legitimate occupants or they
should occupy permanent housing units in the project prior to take out.
IV FINANCE
The project will be finance thru a long term loan of the Homeowners Association to the SOCIAL
HOUSING FINANCE CORPORATION (SHFC) in a two trances; phase I shall be for the cost of land,
Phase II will be use for the land development and Phase III will be use for the construction of housing
units & other expenses.

Prepared by:

RICO G. EDURESE, CE, REB, REA,MPA


Project Development Officer

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