5 ways to earn more from renting out your condo unit
March 17, 2023
Buying a condominium unit is a good long-term investment as it allows you to pre...
October 7, 2015
In its final memorandum filed with the Supreme Court, the developer of Torre de Manila has asked the court to dismiss the petition of Knights of Rizal and to immediately lift the TRO it issued on June 16, 2015.
It said the government heritage agencies have no jurisdiction over Torre de Manila since it was built on private property outside of the Rizal Park or any heritage zone, and that the Rizal Monument was declared a national cultural treasure one year after the developer obtained all government permits and started building.
The company also tagged as a "hoax" without any basis in law, fact or science the new position taken by Solicitor General Florin Hilbay of the “physics” of the Rizal Monument such that the obelisk, statue and the sky must be treated as an integrated whole.
Earlier, the Solicitor General made a complete turnaround and went against the position of his clients, the National Museum, National Historical Commission of the Philippines, and the National Commission for Culture & Arts, allegedly upon the "influence" of two personal contacts.
The memorandum emphasized that it is DMCI, its workers and its buyers that are hurting from the injunction, and not the Knights of Rizal who admitted that it went straight to the SC because the lower courts are "slow" in issuing injunctions and that its petition was not based on any law on sightlines but because of its "moral duty" to protect photographs of the Rizal Monument.
DMCI, however, said the monument and the park were surrounded by tall buildings and even provided a picture of the former Meralco Tegen power plant and its two smoke stacks rising behind the monument.
It added that in the absence of any constitutional or legal provision protecting or conserving sightlines, the Torre de Manila remains to be a legitimate expression of DMCI’s right to property.
The developer said it obtained all the permits and the approval of the local government to build 49 storeys and broke no law, but is being penalized for it.
It asked the High Court to uphold the "stability of laws," saying that private enterprises have the right to rely on permits granted by government, to encourage further investments in housing and contribute to urban renewal and development.
It also said that the barriers around the Rizal Monument should be removed to restore the ideal viewing distance of nine meters around the monument, which would enhance its view and minimize that of the sky.
Leave us a message and we will get back to you as soon as possible.
Personal, sensitive and privileged information that you provide shall be used for transactions related to the sale of the Company’s products and all matters arising out of the said transaction.
All information collected by the Company shall be considered accurate unless the Client/Potential Client requests for update. It shall never be the responsibility of the Company to ensure validity/accuracy of information shared by the Client/Potential Client.
Under the Data Privacy Act of 2012, you have the right to access, modify, erase and/or object to any processing of personal, sensitive or privileged data that you have provided to us. To do so, kindly contact our Data Protection Officer with the following information:
The Company will not impose any charge to cover the cost of verifying a request for information and locating, retrieving, reviewing and copying any material requested.
Please note, however, that the Company’s decision to provide such access or consider any request for correction, erasure and objection to process of the personal data as it appears in our records is subject to any exceptions under applicable laws, rules and regulations and/or the Act.
We have implemented technological, organizational and physical security measures to protect your information from loss, misuse, modification, unauthorized or accidental access or disclosure, alteration or destruction. We put in effect safeguards such as:
Keeping and protecting your information using a secured server behind a firewall, deploying encryption on computing devices and physical security controls
Restricting access to your information only to qualified and authorized personnel who hold your information with strict confidentiality including third-party personnel/company who may be required to process your information.
The data will be kept within 10 years from date of last engagement (e.g. release of transferred title, release of documents related to back-out) or as may be required by existing laws, rules and regulations, unless you request your data to be deleted in our systems, databases and hard copies earlier than this date, subject to limitation of applicable laws and/or the Act. Once deleted, your information will no longer be searchable or included in anonymous searches and will be completely removed from all the storage location.
By agreeing to this policy, you explicitly and unambiguously consent to the collection, processing and storage of your personal, sensitive and privileged data by DMCI Project Developers, Inc. for the purpose(s) described in this Data Privacy Notice.
You can drag the map pin to change your location.
A company representative will be in touch with you shortly.OK