Volume 1 Issue 1

M A R C H 2 0 1 5

REAL ESTATE BROKERS ASSOCIATION OF THE PHILS., INC.

Rebap held its Strategic Planning Session last Jan-uary 30 and 31, 2015 at the Function Hall of Royal Palm Residences in Acacia Estates, Taguig City and Flair Residences in Reli-ance St, Mandaluyong

City. The use of the ven-ues was offered for free by our business partner, DMCI. In attendance were the 2015 National Board of Trustees and Officers and the Presi-dents and 4 Vice Presi-dents from each chapter.

What made the activity rele-vant? The Session helped assure that Rebap remains responsive to the needs of its members. It provided a basis for monitoring pro-gress of each chapter, and for assessing results and

impact. The key result analy-

sis facilitated new program development as it enabled to look into the future in an orderly and systematic way. It enabled the Board to set policies and goals to guide the organization and pro-vided a clear focus to the

National President’s 10-pt program from which the Vice Presidents adhered to for implementation. With the guidance of the Nation-al Chairman and the coop-eration of the Board of Trus-tees, the goals set forth from this session shall come to fruition…….

CERTIFIED!

Chairman’s Thoughts.. 2

President’s Thrusts 2

Organizational Chart 3

Research and Forecast 4

Research and Forecast 5

Asia-Pacific Outlook 6

Nat’l Convention 2014 7-9

Inside this issue:

REAL ESTATE BROKERS

ASSOCIATION OF THE

PHILS, INC.

Chapter Activities 10-14

Nat’l Activities 15

Acknowledgment 16

For my term as president, I want to focus on tasks and initiatives that will empower the chapters to achieve a common goal. Professionalism, leadership qualities, competency, and excellence adhering to ethical standards: these are the key attributes of REBAP. We should spearhead and initiate programs to further equip our members with tools towards pur-

suing their aim for success.

My 10-point program can be summarized into:

Advocacy: Real estate regulatory issues and policy proposals will be addressed continuously and effectively to the

related government offices. Let us pave the way in promoting proper real estate transactions.

Education, Information and Training . Rebap’s education, training and certification programs will provide member-

ship benefits of excellence and efficiency, not for compliance alone but more importantly, for self-improvement.

-There should be coordination with industries involved in real estate for exchange of information and facilitation of

knowledge.

-Communications through Social Media– Enrich business transactions by proper utilization of online MLS. Research

and gathering of information on real estate, collection of related documents, and sharing publication on the

newsletter and website.

-Leadership Qualities Through Organizational Effectiveness– An individual member who is an effective leader can

contribute to the success of the organization. Continuous leadership training and seminar is encouraged.

Membership in Terms of Quality - Let’s ‘raise the bar’ of professionalism among our members so that our reputation

is exceptional. Let’s find ways to better protect our clients, and at the same time help each member become as suc-

cessful as he or she desires to be.

Image Enhancement & Awareness – Promotion and coordination with other real estate associations & industries

locally and internationally. Rebap should be known as an organization with professional ethical and standards.

- Promote the value & benefits of our Association. It can be gleamed through the association’s mission and vision.

- Continue to Develop & Upgrade Rebap’s Projects & Events – We should innovate and plan ahead

to give our members a unique opportunity to learn more.

- Build Relationships with Other Local Associations and Our Counterparts- We should connect with our counter

parts for better development and to further improve ideas we learn from sister associations. We can also con

tribute and share for a stronger unity amongst all. Building relationship is critical in business.

C E R T I F I E D ! V O L U M E 1 I S S U E 1

Objectives in the Right Perspective

By CRB Ricky C. Velasco 2015 National Chairman

As one envisions, analyses, prepares, and ultimately implements an objective, the only one thing that he should be mindful of is how good the objective will be for its target beneficiary. In all of the stages that he undertakes, variables must be recognized and that these will have a direct effect whether the objective will make sense at all. Adaptation and flexibility play key important roles into realizing the program’s objectives. As it is admirable to maintain ideals, one must also recognize actual and existing factors—realistically speaking.

So, as we have been gearing and professing so much principles and setting of directions, our advocacy of finally putting into play what the law has in-stored for our practice, for our profession to be recognized as the sole implement-ing personification of the real estate service practice. What is REBAP’s Advocacy in the first place? That is, our licences’ inclusion in the set of the requirements before the implementing government agencies may start to process any kind of transfer of property ownership. Accountability will be at hand and that is the ultimate objective of the RESA Law, ensuring the security of the public of a professional service. You wouldn’t want to be represented by a non-lawyer when you place a plead in court, right? Neither of purchasing a medicine without the physician’s prescription, right? Nor even of having a building permit without the architect’s and engineer’s signatures in it, right? REBAP’s Advocacy analogy is that somehow plain and clean in perspective—effective and sensible. This objective encompasses not only REBAP members but the entire licensed real estate service practitioners in gen-eral. Fulfilling this objective entails like riding the bicycle—look afar, not on the wheels and by constantly stepping on

the pedal will maintain balance, thereby moving forward.

Empowerment Through Professionalism By CRB Lizette R Reyes 2015 National President

CHAIRMAN

CRB RICKY . VELASCO

PRESIDENT

CRB LIZETTE R. REYES

SECRETARY GENERAL

CRB ELEANOR LIGANOR

TREASURER

CRB ARLYN SANTOS

AUDITOR

CRB RAYNA ROCIMO

DIRECTORS

CRB ARLENE MANALAYSAY

CRB MATILDE PADIT

CRB NICANOR TAPANGCO

VP for INTERNAL AFFAIRS CRB ADOLFO ENCILA JR.

VP for EXTERNAL AFFAIRS CRB EVANGELINE A. YIA

VP for FINANCE CRB RONALD MENDEJA

VP for MIS

CRB AL ROQUE

PRO

CRB EDWIN ZAMORA

ADVISORY COUNCIL Chairman: CRB BENNY FULGENCIO

Members: CRB EDEN DELA CRUZ

CRB EMILY DUTERTE

CRB LITO NEBRE

CRB BILLY MACALALAD

LEGAL COUNSEL Chairman: ATTY SONIA TABLIZO Members: ATTY CHERRY CASTILLO ATTY FRANCIS RODRIGO

I. MEMBERSHIP Co-Chair: CRB ELEANOR LIGANOR Members: CRB RONALD MENDEJA CRB ARLYN SANTOS II. CHAPTER FORMATION & RELATIONS Co-Chair: CRB EDWIN ZAMORA Members: CRB MARYANN G. FAJARDO (VisMin) CRB ROEL ABUANA (North)) CRB RAYNA ROCIMO

III. ARBITRATION & GRIEVANCE Co-Chair: CRB ATTY. LYNDON GABRIEL PEREZ Members: CRB CRB

IV. SPORTS & FELLOWSHIP Co-Chair: CRB NICK TAPANGCO Members: CRB CRB

V. CONVENTION COMMITTEE Co-Chair: CRB ARLENE MANALAYSAY Members: CRB LIZ JALANDONI CRB CECILLE DIGNADICE

I. EDUCATION AND INFORMATION Co-Chair: CRB ELEANOR LIGANOR Members: CRB AL ROQUE CRB

II. ADVOCACY Co-Chair: CRB ATTY GABBY PEREZ Members: CRB SOL MALAMION CRB

III. VIGILANCE Co-Chair: CRB MATILDE PADIT Members: CRB CRB

IV. INTERNATIONAL AFFAIRS Co-Chair: CRB ELEANOR LIGANOR Members: CRB CRB

V. EXTERNAL RELATIONS AFFAIRS Co-Chair: CRB CARLA ESPINOSA Members: CRB CRB

I. BUSINESS DEVELOPMENT Co-Chair: CRB SOL MALAMION Members: CRB BUTCH HIZON CRB JIMMY NACINO

II. RESEARCH & DEVELOPMENT Co-Chair: CRB VANGIE YIA Members: CRB RAYNA ROCIMO CRB

III. ACQUIRED ASSETS Co-Chair: CRB VIRGINIO CUGTAS Members: CRB CHERRY VI CASTILLO CRB JAY CASTILLO

IV. WAYS & MEANS Co-Chair: CRB NICK TAPANGCO Members: CRB ARLYN SANTOS CRB

V. AWARDS & RECOGNITION Chairman: IPP CRB CARLA ESPINOSA Members: CRB LIZETTE REYES CRB CRB VI. CORPORATE SOCIAL RESPONSIBILITY Chairman: CRB ARLYN SANTOS Members: CRB

I. IT MANAGEMENT(WEBSITE,EGROUP)

Co-Chair: CRB RHON MERCADO Members: CRB CRB II. DATA ACQUISITION, SCREENING &

MONITORING Co-Chair: CRB VIRGINIO CUGTAS Members: CRB CRB

III. IT RESEARCH, EDUCATION & BUSINESS

Co-Chair: CRB RHON MERCADO Members: CRB VANGIE YIA CRB MATILDE PADIT

COMELEC Chairman: CRB BILLY MACALALAD

Members: CRB LITO NEBRE CRB REY DUTERTE

2015 NATIONAL BOARD OF TRUSTEES & OFFICERS

The Philippine economy rallied in the fourth quarter, growing by 6.9%. The economy was supported by a strong industrial sector while govern-ment spending also helped in the growth story. Annual GDP growth for the country was recorded at 6.1%, lower than the 7.2% in 2013 but

enough to bring the country to three years of consecutive growth above six

percent.

Office New players entered office space development due to bullish demand, although the majority of the office space to be delivered in the next three years will be dominated by major de-velopers. More than 195,000 square

meters of office space was completed in seven cities in Metro Manila, the highest in a single quarter since 1Q 2013. Despite the introduction of new supply, Makati CBD vacancy remains stable at 2.0% as tenants took up spaces in new buildings. As a result,

rents accelerated in the period.

Residential Smaller sized units are set to domi-nate the residential market in the next four years, with studio and 1 bedroom units accounting for close to 75% of the new supply. In the fourth quarter, three projects were completed, amounting to 2,030 units, in major

business locations. Stable growth was observed in prime residential rents while capital values mimicked rental growth. Meanwhile, pre-selling condominium sales in Metro Manila declined by 7% in 2014.

Hotel and Leisure More hotel operators are ex-pected to enter the country as they have identified the Philippines in their expansion plans. In 2H 2014,

five hotel projects with a total of 1,141 new hotel rooms opened in Metro Manila, 72% of which are lo-cated outside Entertainment City. With the influx of hotel room supply seen in 2014 coupled with slower tourist arrival growth, hotel occupan-cy is expected to decline further. As a result, operators are forced to adjust their room rates to attract more tourists

C E R T I F I E D !

BETTER ECONOMIC CONDIT IONS SPUR SPENDING

Research & Forecast Report Philippines 4Q 2014 Source: Colliers International Philippines Research

Industrial A burgeoning manufacturing sector pushed industrial land development, as 13 new manufacturing economic zones were registered with the Philip-

pine Economic Zone Authority. In ad-dition, industrial parks in the Cavite, Laguna, and Batangas areas are un-dergoing expansion to accommodate the manufacturing companies’ growth. While this lead to a slight increase in vacancy, industrial rates enjoyed higher-than-expected growth

Land values return to normal growth rates

Land values in the major CBDs have returned to more normal growth levels after surging in the third quarter. Average prices in the Makati CBD appreciated by a modest 1.2% QoQ, reaching PHP 440,000 per square meter. Meanwhile, Fort Boni-facio values amounted to an average of PHP 382,500 per square meter, a 2.0% QoQ growth. Ortigas land val-

ues grew the fastest in the period by 2.9% QoQ, at an average price of PHP 158,500 per square meter. Land val-ues are expected to grow between 6 and 8% in the next 12 months as scar-city of well-located land assets contin-ues to affect land prices.

Economy finishes strong, grows by 6.9% in fourth quarter

The Philippines ended 2014 in an upswing, as the economy registered fourth quarter growth of 6.9%, re-bounding after a dismal third quarter figure of 5.3%. As a result, annual

growth reached 6.1%, missing the lower end of the government forecast by 40 basis points. Nonetheless, the country has achieved three years of consecutive growth above 6 percent. Government spending (+9.8%) aided economic growth, signifying that the

government has streamlined its spending mechanisms after the con-troversies in the Disbursement Accel-eration Program. The country’s annu-al GDP growth, in turn, was the high-

est in Southeast Asia, ahead of Vi-etnam (+6.0%), Indonesia(+5.0%), and Singapore (+2.8%).The industrial sector (+9.2%) recorded its highest growth after seven quarters, brought about by increases in manufacturing (+7.3%) and construction-related

(+20.5%) activities. Private construc-tion (+25.7%) surged, as more projects under the Public-Private Partnership (PPP) program are being built. The USD 2.8 billion (PHP 123 billion) La-

guna Lakeshore Expressway Dike pro-ject, the largest PPP project under the current administration, will be bid out in 2015. Meanwhile, real estate, rent-ing, and business activities (+8.3%), and financial intermediation(+6.6%) fuelled the service sector (+6.0%).

V O L U M E 1 I S S U E 1

P A G E 5 V O L U M E 1 I S S U E 1

they are able to deliver office spac-es that are suitable for BPO opera-tions. Inno- land Development Cor-poration, an established developer in Cebu, has recently completed its

first office building in Metro Manila called Aeon Centre. Innoland is slated to deliver another BPO-ready office building in Alabang called Polaris in 2016. Fabella Real-ty Corporation also ventured into office space development with the completion of Shaw Center in Man-daluyong, offering spaces with a typical floor plate of 2,200 square meters. While an estimated aver-

age of 510,000 square meters of office space will be delivered annu-ally from 2015 to 2018, a small per-centage will becontributed by these small developers as the office space market remains dominated by major national developers. Overall vacancy in the Makati CBD slightly increased by 10 basis points to 2.0% due to higher va-

cancies reported in Premium and Grade A buildings. Some 1,120 square meters of office space in Philamlife Tower became available

Developers complete record number of office space in 4Q

Research & Forecast Report Philippines 4Q 2014 Source: Colliers International Philippines Research

A record 16 office buildings, amounting to 195,000 square me-ters, were completed in seven cities in the fourth quarter, bringing the total office space delivered for 2014

to 466,350 square meters. The peri-od produced the biggest volume of office space delivered in a single quarter since 1Q 2013 (186,000 sq m). Notable buildings completed-were Filinvest Two and Three (41,390 sq m) in Alabang, Panora-ma Tower (14,680 sq m) in Fort Bonifacio, Rockwell Business Center Tower 3 (25,320 sq m) in Ortigas Center, and Aseana Two (10,440 sq

m) in the Bay Area. For 2015, close to 560,000 square meters of office space are expected to be delivered, 42% of which will be located in Fort Bonifacio. Due to a bullish office sector, devel-opers continued to pursue office projects as a viable real estate prod-uct that will generate recurring rev-enue. Apart from major players like

Megaworld and Ayala Land, new entrants are also taking part in the Metro Manila office sector due to strong demand from the BPO in-dustry. As such, despite the limited resources of these entrants,

Forecast New Office Supply (Net Usable Area)

LOCATION END OF 2013* 2014 2015F 2016F 2017F TOTAL

Makati CBD 2,827,865 19,532 - - - 2,847,397

Ortigas 1,160,350 118,159 81,509 14,393 - 1,374,411

Fort Bonifacio 908,889 73,636 240,855 220,848 397,817 1,842,045

Eastwood 300,264 - - - 28,220 328,484

Alabang 305,426 72,844 - 42,070 70,563 490,903

Other Locations** 1,009,396 182,183 241,201 319,952 197,711 1,950,443

Total 6,512,191 466,354 563,565 597,263 694,311 8,833,684

thereby increasing the Premium va-cancy rate by 30 basis points. Meanwhile, Grade A vacancy reached 7.0% as an increasing num-ber of smaller

office spaces were vacated and re-mained unoccupied. Despite the completion of Frabelle Business Cen-ter (4,240 sq m) in Legaspi Village, Grade B vacancies managed to be stable at 0.75%, owing to strong de-mand for new office space in the area. Colliers predicts that the overall vacancy in the next 12 months will reach 1.6%, as Tower 6789, formerly known as Alphaland

Makati Tower, is opened to the leas-ing market.

Source: Colliers International Philippines Research

**Manila, Pasay, Man-daluyong, Quezon City and other fringe

locations

ues to dominate headlines and is emerging as a major source of out-bound capital, targeting all regions across Asia Pacific, however, Singa-pore remains the dominant player. Another key theme for 2015 will be an increase in real-estate transactions in Asia, driven by greater supply that

is finally starting to meet strong in-

vestment demand.

Asia Pacific Property Outlook 2015

V O L U M E 1 I S S U E 1

Occupier and investor demand on the rise

A better balance between invest-ment and occupier demand was the defining feature of Asia Pacific property markets in 2014. Capital flows continued to increase how-

ever positive signs began to emerge in the occupier markets, a fundamental factor that has been missing in most markets for some

time. Chinese investment contin-

Beyond market dynamics, structural change and technology will contin-ue to disrupt the property industry across all sectors in the region from online retailing, to changes to the

efficiency of logistics facilities. A growing move to target non-core assets is also likely as competition for core intensifies and investors search

for higher yields.

Supply-led Demand to Boost Volume

The key theme for 2015 is going to be an increase in real-estate trans-actions in Asia, driven by greater supply that is finally starting to meet strong demand. There is

pent-up underlying demand from both occupiers and investors, pri-marily due to the lack of stock, and that will gradually be satisfied by what we anticipate as a growing volume of new supply in 2015. One of the prime drivers is that there is a significant number of property funds that are due to ex-pire in 2015, a significantly higher amount than that in 2014. This

group of willing sellers will certain-ly increase supply. At the same time, there will be an increase in new developments in a number of Asian cities. Those properties will be all the more attractive given that they mesh with the continued enhancement of transportation connectivity between the city core

and the fringe districts.

.On the demand side, it is clear that there is increased capital that will be put to work in Asia. Many investors have reviewed their Asia strategies and plan to raise asset allocations to

the region in 2015 as a result. The key reason is that there is more stock available for sale at a reasonable

price.

Outbound investment demand will of course continue, particularly from mainland Chinese buyers. They are

looking for overseas opportunities in order to diversify their investments and enhance their overall returns. But there are increasing challenges for investors looking overseas, not least the narrowing of the gap be-tween yields in Asia and in overseas-markets. Supply will also start to be-come a problem, particularly in terms of high-quality property. With new development, we are now seeing the

impact of the global financial crisis, when construction virtually stopped in the United States, including key gateway cities. That will result in a severe narrowing of the supply pipe-line as projects developed during that disruptive period come to mar-ket. Asia will, in contrast, have much higher supply, leading to far-

increased volume in 2015.

.

Multinational corporations can make

the most of the availability of new

stock in Asia to upgrade office space

or consolidate their operations under

one roof. Demand from owner-

occupiers, backed by strong cash

flow and purchasing power, will be

solid as they continue to consider

acquisitions as a way of mitigating

the risk of volatility in terms of rents

C E R T I F I E D !

TREKKING BACK TO BAGUIO: 2014 REBAP National Convention By CRB Ricky C. Velasco

V O L U M E 1 I S S U E 1 P A G E 7

It was not the first time that the Real Estate Brokers Association of the Philippines (REBAP) had considered Baguio City to be its Convention Venue, sometime in 2010, Baguio

City was ridden with a series of trop-ical typhoons with a finale blow from Pepeng. This forced REBAP to move its venue to an equally similar climate setting—Tagaytay City. As resilient as ever, REBAP made the most of the situation and came out to be even more successful. The thing is, REBAP never fails to evolve and adapt to any situation or hurdle as you may call it if only to be tested

for its tenacity and flexibility. As the years passed, the association now has transformed to be a formi-dable institution attributed to by several stages of transformations. It has a single vision to fortify relation-ships among its members, while adhering to a common code. Com-mitment and ethics, are what we can always take pride with.

For this convention in particular, it will be a first time for almost every-thing in its evolution taking the standards even further. It will be the first time for the Souvenir Program and Directory to be printed in col-our. A carefully and meticulously designed travel trolley luggage

supplemented the delegates for mobility and convenience. And ad-ditional activities and premiums drawn from the sponsors have add-ed to the value. It is only justly to take all of these to the culmination program, the 2015 National Convention, what REBAP

is now all about. The location prom-ised to be of something familiar but can provide the delegates a new and delightful enjoyment. Being 250 kms. away from Manila and TPLEX on its near completion mak-ing the ride more pleasurable, it’s definitely a no-brainer for one not to attend. The challenge now is to pre-sent the spots hidden in plain

sight—BenCab Museum posed to be quite an enjoyable discovery among those who have missed Baguio for sometime.The Philippine Military Academy which never fails to re-mind us of its glorious past. Hosted lunch followed at the Newtown Hotel and a quick drop at Camp John Hay’s amusement locations before heading back to Crown Leg-acy Hotel and prepare for the Gala

Night.

The Honorable Baguio City Mayor Do-mogan cut-opened the Sponsors’ Lounge and welcome the delegates coming from various chapters nation-wide. By early evening, cocktails (Tapuy- Baguio Rice Wine) was quickly served in the hotel’s terrace and, to everyone’s surprise the 2014 REBAP

National Convention was officially opened with a surprise fireworks dis-play synchronized to the tune of “We will Rock You” by Queen, coming from Burnham Park viewed from the hotel’s view deck. Carefully selected array of local fares offered good dinner. As the night simmered, delegates dressed in their groovy, psychedelic, rustic or for some—just being authentic adaptation

of “Hippie from the 70’s Circa”. Every-one were given a good treat of fun and laughter and surprise awards were given to stand-out costumes, not to forget much awaited raffle prizes from the sponsors created a festive mood. Much floor beating completed the night and with an idea of somehow moving out to the cold night’s ambi-ence, members broke into groups and blazed the city’s foremost establish-

ments mostly coming back in the early hours of the morning. cont’d on page 8

P A G E 8 V O L U M E 1 I S S U E 1

TREKKING BACK TO BAGUIO: 2014 REBAP National Convention….. cont’d from page 7

C E R T I F I E D !

The second day cannot be discount-ed with what it promised to be, full-

packed and truly graced by techno-crats and luminaries in the forefront of the industry. Premier convention host-duo, CRB Butch Hizon of LMP and CRB Evelyn Dumdum of Green-hills surely kicked-off the day with much energy and excitement. Ba-guio’s 2014 2nd Prize winner of the Panagbenga Festival from Baguio City National High School opened the day’s program with their much

anticipated winning street dance exhibition. Starting the series of a versatile selection of guest speakers was Jones Lang Lasalle’s top analyst, Mr. Claro Cordero who cleared the industry’s horizon with his accurately informative data presentation for one to know where to focus his mar-keting thrust in the coming year. We were graced by BPI Family Savings

Bank’s President, TG Limcauco with his insights on how the banking fi-nancials are behaving based on the current indexes. This will be a good guideline on how the public may capitalize and maximize their invest-ments’ potentials. Ayala Land Inc.’s President, Antonino Aquino, despite his tight schedule was able to pre-sent where the key market indicators would point to. One would realize

then that the property sector is just in its early stage of creating better self-sustaining centralized communities. CREBA Chairman Charlie Gorayeb’s

presence and contribution to the delegates’ much needed knowledge

on what lies ahead in the general public’s housing needs was splendid-ly delivered. A good and keen under-standing was immediately awarded to whoever gave a good listening ear. PRC-PRBRES’ Commissioner Dr. Eduardo G. Ong’s presentation pro-vided much details on how our dele-gates can better perform in servicing the public by simply adhering to the current professional regulations. This

particular session gave a clearer pic-ture of things to come. Vista Land’s representative, came to represent Senator Manny Villar who was indis-posed and had to cancel his gracing of the occasion. In a nutshell, nobody walk-out of that session empty-handed but rather got his hands full on how he can perform better for his very existence in the first place—the

public. This day also signalled that REBAP is on its way to the academic aspect of the practice having awak-ened by much concrete and indica-tive set of information. A close obser-vation and understanding provided everyone a better sense of aware-ness and relativity to the evolving market behaviour. REBAP’s 2014 President, CRB Carla Espinosa pre-sented to its members how commit-

ted everyone delivered their respec-tive programs set out for the year and having renewed more than a 100% membership renewal for 2014.

As the program culminated to the

Fellowship Program, delegates

broke-up to several function rooms

to further quench their thirst for

knowledge. As it has been since

2011, one may choose between

new, advance and essentials subject

befitting to the delegate’s individual

needs. This time, 4 seminars were to

choose from the recent years of just

having three.

As the night drew near, excitement aroused in several forms. Delegates came out in their superbly custom-ized Hollywood movie characters that you won’t have the time to blink or you might just missed a good sight of these spectacle. The bigger source of excitement came from the much awaited chapter competition wherein they presented Hollywood

movie productions like, “Mission Im-possible” from Metro-Tagaytay Chap-ter,” Chicago” from Cavite Chapter, “Frozen” from Rizal Chapter, “Saturday Night Fever” from LMP, “Moulin Rouge” from Laoag, and the tremendously LOL-funny “Hairspray” from the convention host chapter Baguio-Benguet Chapter. Caloocan Chapter overwhelmingly danced to “Sister Act” and came with the

bronze. Mandaluyong Chapter sur-prised everybody with its form and grace adaptation of “Slumdog Mil-lionaire” and grabbed the silver award, and Greenhills Chapter got their “Cabaret” a ticket-sold-out per-formance for gold. What a glorious night of fun and excitement! Was it worth it? You bet! Congratulations to all REBAP members! Cheers!

P A G E 9 V O L U M E 1 I S S U E 1

TREKKING BACK TO BAGUIO: 2014 REBAP National Convention Pictures…...

Signing of the Renewal Agreement as Exclusive Bank Sponsor between

BPIFSB and Rebap with Special Guest Mr TG Limcaoco & Ms Celyn Sta Ana Guest Speaker: Ayala Land Inc Director Mr. Tony Aquino

Opening of the Exhibit & Ribbon Cutting

by Baguio City Mayor Mauricio Domogan

Cocktail Hour by the Poolside

Guest Speaker Mr

Claro Cordero frm JLL

with Greenhills Chap-

ter Pres CRB Vera Del

C E R T I F I E D !

CHAPTERS’ CORPORATE SOCIAL RESPONSIBILITY PROGRAM

V O L U M E 1 I S S U E 1

REBAP CAVITE CHAPTER ‘s “A VALENTINE WITH A REAL HEART”

BY: CRB EMIL A. LICERIO,

REBAP CAVITE CHAPTER gave love and joy to

the children and families of an indigent com-

munity In Green Valley, Barangay Molino 3,

Bacoor, Cavite.

Rebap Cavite, as an organization, made it a

point that even with their busy selling sched-

ules and other real estate activities, they can

still find time to attend to their corporate social

responsibility by sharing to their needy breth-

ren.

This activity, aptly done during the day of

hearts, February 14, 2015 at 10:00 a.m., the

children of the community were treated to a

sumptuous meal of lugaw and hard-boiled

eggs coupled with a bag containing tetrapack

juice and sandwich.

Later, the Rebap Cavite members distributed

to 80 families in the area, a bag to each family

containing rice, noodles, sardines, bread and

medicine. But before the representatives of

each family got their share, a talk about the

scripture was conducted by a pastor who ac-

companied the group in this worthy undertak-

ing. The families were delighted that this

event not only supplied them with food for

nourishing their physical body but even their

soul were revitalized, an evangelism bracelet

with a prayer leaflet were distributed to the

attendees.

To the supportive officers and members of

Rebap Cavite chapter,

To the ever generous donors of the goods

distributed and the food served,

May your tribe increase, mabuhay kayo!

Mabuhay ang Rebap Cavite chapter!

P A G E 1 1 V O L U M E 1 I S S U E 1

By CRB CYNTHIA PELAGO

V O L U M E 1 I S S U E 1 C E R T I F I E D !

Rebap Pasay Goes to Balay Alima By CRB EVELYN FORTUNA

Embarking the year 2015, Rebap Pasay City Chapter fulfilled its dream of reaching the elderly at Balay Alima Foundation located in Indang Cavite. Celebrating Valentines day with them was such a great joy that nothing compares. We believed that receiving is

good but giving is much better,

..."Nobody knows what tomorrow brings, by lov-

ing, giving, caring and sharing today; we

know that if tomorrow doesn't come, today is

a good day to be the last". Bloghuts and

V O L U M E 1 I S S U E 1 P A G E 1 3

Rebap Greenhills Chapter

By: CRB ARLYN SANTOS

2015 Board of Trustees & Officers w/ IPP

2014 National Convention Winners

Hippiest Star of the Night Winners:: Sonia Lee Altuna and

Randijay Uy w/Ms Flower Winner Vera del Mundo

Hollywood Movie Star of the Night Winner:

Maleficent – Sonia Lee Altuna

Best Chapter Presentation: Cabaret

Most number of Atteendees

V O L U M E 1 I S S U E 1 C E R T I F I E D !

Rebap La Union Chapter By; RANDY CHRISTOPH BERGER

ADVOCACY CAMPAIGN City of San Fernando, La Union Fiesta March 18, 2015 During Grand Civic Parade

Rebap Baguio-Benguet Chapter By: CARLOS OSEO

March 2015 Pre-Monthly Meeting w/ Thanksgiving - Unity

& Harmony held at Good Taste Restaurant, Carino St,

Baguio, Benguet

1st Regular Monthly Chapter's

and Business Meeting held at

Landinvest Realty office courtesy

of CRB BOD Leo de la Pena

Project tripping at Mountain

House Baguio Subdivision –

Irisan, Baguio City

Good luck everyone! Happy

selling!! —

V O L U M E 1 I S S U E 1 P A G E 1 5

NATIONAL BOARD’S CHAPTER V IS ITATION

La Union Chapter Graduation of

Cresr Seminar Participants and Induc-

tion of Chapter Board of Trustees and

Cavite Chapter Induction of Chapter Board of Trustees and

Officers led by Pres CRB Emil Licerio

Baguio City Chapter Visitation with 2015 Chapter President

CRB Carlos Oseo and IPP Rose Ann Tabora

Laoag and Ilocus Sur Chapter Meeting held in Palacio de Laoag

with Pres CRB John Ancheta and CRB Atty Noel Plete

Global City Chapter Induction of 2015 Board of

Trustees and Officers

REBAP, INC

2nd Floor, CREBA Bldg.,

South A cor A. Roces Ave.

Quezon City

Tel: 374-2496; Fax: 373-2281

Email: rebapnational@yahoo.com Website: www.rebap.com.ph

CERTIFIED!

EDITORIAL STAFF

REBAP, Inc.

Publisher

Lizette R. Reyes

Editor-In-Chief Ricky C. Velasco

Co-Editor Edwin Zamora

PRO

Contributing Writers:

Emil Lucero Cynthia Pelago Evelyn Fortuna Arlyn Santos Randy Christoph Berger Carlos Oseo

Atty. ANTONIO M. BERNARDO Chief Executive Officer and Commissioner of the Housing and Land Use Regulatory

Board discussed the 2014 Revised Implementing Rules and Regulations on Advertisements & Dealers, Brokers and

Salesmen.

Chapter Presidents and Vice

Presidents at Work During the

Planning Session

Day 1 REBAP Strategic Planning & Workshop 2015 For all 2015 National Board of Trustees & Officers, Chapter Presidents and Chapter VPs Royal Palm Resi-dences Function Hall, Acacia Avenue, Taguig City January 30,

2015 Friday 8am until 5pm