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The Socialized Housing and Economic Housing Under BP 220
The Socialized Housing and Economic Housing Under BP 220
The Socialized Housing and Economic Housing Under BP 220
These knowledge made me say, "ahh oo nga". Well, as an ordinary seller, all we know is
just to sell property and help client owning their dream home. These ideas are actually very
helpful as many township and housing projects sprouting around provinces and are many
option for buyers that make them confused with the differences.
By Price Ceiling
Php. 450,000 and below for socialized housing
Php. 300,000 to 1,250,000 for economic housing
BP 220 Law requires and encourages the developer to offer out and deliver affordable and
quality housing for the people to have a balanced housing development in the country.
With all the differences, we cannot compare properties in different classification like
comparing prices, features and amenities or the communities between socialized housing,
economic housing or medium cost housing.
For complete detail and IRR of BP 220 see this link: http://old.hlurb.gov.ph/uploads/laws-
issuances/BP220IRR/Revised_IRR_BP220_2008.pdf