In a country where real estate has been booming for the last decade, particularly in the luxury residential and commercial segments, one company is making sure that no Filipino family gets left behind—Prima Casa Land & Houses, Inc.’s Lumina Homes.
According to the Subdivision and Housing Developers Association, Inc. (SHDA), an alliance of over 200 private housing developers, there exists a massive housing deficit of 3.9 million units, which could rise up to 6.5 million in 2030 if the issue is not addressed.
Lumina realized this issue in as early as 2012 and has since developed over 50 projects nationwide—and continuously growing—to reach thousands of Filipinos in need of affordable housing.
Lumina was recently recognized by Pag-IBIG Fund as “Top 1 Developer” among its accredited developers in terms of housing loans takeout—loan value for 2019 at the 2019 Pag-IBIG Fund Chairman’s Report held last Feb. 7, 2020 at the Philippine International Convention Center (PICC) in Pasay City.
Lumina jumped from Top 6 in 2016 and 2017 rankings, and from Top 4 in 2018, and also received a special award for having the “most number of Pag-IBIG Fund housing borrowers served” for 2019.
Lumina President and COO Estrellita S. Tan thanks Pag-IBIG Fund for continuously listening to industry stakeholders and for finding ways to address issues and concerns through relevant and timely reform initiatives to address the growing housing backlog and contribute to the development of the countryside.
“Pag-IBIG Fund has truly given us the confidence to embrace an aggressive stance to expand across the country and to fulfill our commitment to build affordable communities and realize the Filipino dream of home ownership. We look forward to our continuing partnership and better linkage to further strengthen the industry,” she says, adding that Lumina is excited for the full implementation of Pag-IBIG Fund’s virtual platform, under the leadership of its president, Mr. Acmad Moti.
Continuously shedding light to the countryside
Today, Lumina developments are located in key town and provinces across the country: Rizal, Bulacan, Pampanga, Zambales, Bataan, Tarlac, Pangasinan, La Union, Nueva Ecija, Cavite, Laguna, Batangas, Quezon, Camarines Norte, Albay, Sorsogon, Iloilo, Capiz, Cebu, Negros Occidental, Agusan del Norte, Zamboanga del Sur, Bukidnon, Misamis Occidental, and Davao.
Currently offering a roster of rowhouses, townhouses, and single firewall homes, Lumina’s home offerings are built of high-quality materials and cost from P500,000 up to P1.7 million. If qualified by Pag-IBIG standards as a “low-income earner,” a buyer can pay for as little as P1,897 a month at 3% interest for a brand-new home in a safe and secure Lumina community.
Lumina developments come complete with amenities like a covered multi-purpose hall, mini gardens and playground, and provision for commercial area.
By building in accessible locations close to major thoroughfares, transport hubs, schools, hospitals, and business and leisure centers, Lumina not just builds a self-sustaining community, it also provides every Juan the pride of homeownership.
For more information, follow @luminahomesofficial on Facebook and visit Lumina Homes’ official website at https://www.lumina.com.ph/.