Found at: http://www.hlurb.gov.ph/article/articleprint/114/-1/102/ |
Questions Concerning the Urban Development and Housing Act (RA 7279) |
On the requirements of balanced Housing Development
How is the requirement of 20% socialized housing compliance computed , is it based on the gross area or the saleable area of the project?
On the Gross area of the main subdivision project
At the option of the developer , it can be based on either
All housing projects whose selling price is above PHP180,000
in highly urbanized areas and above, PHP150,000 in non urbanized areas
No; per Opinion of the Department of Justice, the law aplipes only to subdivisions; condominiums are a different type of project, and there is no legal basis for requiring them to be covered by this requirement