Real Estate Philippines News Blog

As we have all seen and felt recently, both Ondoy and Pepeng have taken lots of lives and property while still leaving disease, garbage and wreckage in their tracks. As we still continue to do our part to rise up from these challenges, we must reflect on the hard and valuable lessons that Ondoy and Pepeng have taught us, so we can be prepared the next time storms like these hit us…

Below are some Philippine Property Lessons which you should take note especially after these two storms. It seems that due to Global Warming and Climate Change, more of these abnormal rains will hits us. So in turn, please do feel free to bookmark and share this page to other people as part of our social responsibility to one another:

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Just when we Filipinos thought that nature’s wrath was over, Typhoon Pepeng came back to devastate Northern Luzon, leaving an even worse mark than Ondoy did just weeks ago. Region 1 and Region 2 of the Philippines were the worst hit, including provinces such as Pangasinan, La Union, Pampanga, Tarlac, the Benguet Province, Cagayan Valley, Nueva Ecjia, Nueva Viscaya, and Ilocos.

Baguio City was one of the worst hit due to massive landslides which killed hundres of people and destroyed so many homes. To show you the aftermath of Typhoon Pepeng here are sample pictures from SM Rosales in Pangasinan, where 90% of the province is flooded (credits to Lindfred Yap): http://www.facebook.com/photo.php?pid=2810663&id=649558796&comments&alert#/album.php?aid=115965&id=649558796

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Due to the devastation brought about by tropical storm Ondoy, Eton Properties has surveyed the elevation of all their current projects above Mean Sea Level (MSL), and found that all their projects are virtually flood-free properties. This means that you as investors can feel safe, knowing that all Eton Projects will not be affected by any major-level floodings.

MSL is defined as the average height of the seawater surface including all tide levels. Thus, an elevation of 20 meters means the property is 20 meters above the average height of the sea, making it very safe against heavy floods.

As reported in a meeting yesterday with Eton President Danilo Ignacio, all Eton Projects did not encounter any major flooding. Please find below the summary list of the Elevation levels of all our current projects, showing that ALL our projects are above the Mean Sea Level:

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Indeed, the wrath of Typhoon Ondoy was felt all over the world, especially to us Filipinos. The worst flood and rainfall in 40 years brought about by this unusual storm devastated the lives of over 500,000 Filipinos and ensued property damage of almost P3 billion pesos! Quite a tragedy indeed. For those needing assistance, please visit this link for Emergency Numbers: http://www.realestatephilippinesblog.com/to-those-affected-by-floods-of-typhoon-ondoy-floods/

Since so many of us had our eyes opened by Ondoy, many are now looking for new homes to start with, and now they realize the importance of having an ELEVATED property. The landscape of the Real Estate Philippines World has now changed due to this monster flood: people will now be more conscious of the  property they will be investing in – particularly on whether it’s flood prone or not.

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