San Juan News
San Juan breaks ground for high-rise public housing
San Juan City broke ground for the city’s first high-rise public housing in Barangay St. Joseph.
Mayor Francis Zamora, San Juan Rep. Ronaldo “Ronny” Zamora and National Housing Authority (NHA) general manager Marcelino Escalada Jr. also signed a memorandum of agreement for the 22-story building.
The condominium, to be constructed with a budget of around P1 billion, will be built on a 1,850-square meter property owned by the city government. It will be able to generate 396 housing units with an average size of 39-square meters per unit, 22 units per floor, and has provisions for 10 commercial spaces and a multi-purpose hall.
The mayor said this is the first socialized high rise in the city’s public housing project in the country, both for informal and formal sectors.
“This will be rent-to-own. I’d like to emphasize that this is not free. The homeowners will have to pay amortization, and at the end of 25 years, the unit will be theirs,” Zamora said.
The mayor said the housing project is funded by the NHA and is to be completed by 2022.
“This is a budget of the NHA and it will be put in the budget in separate phases. But as far as I know, to be able to complete each phase, the budget could reach to almost P2.5 billion. But the P2.5 billion is a long-term plan for multiple high-rise units,” he explained.
Zamora said that the city’s informal settler families, most especially those living in danger zones, will be prioritized in this high-rise housing project. Currently, San Juan City has around 6,000 informal settler families.
“We will prioritize our informal settlers, and at the same time, even those from the formal sector can also apply. The units have different categories depending on the social class,” he said.
However, he clarified that the informal and formal sectors have different payment schemes. Asked about the cost of each unit, “That we’re still finalizing now at this point.”
Aside from St. Joseph, the city government also plans to build other high rise housing in Barangays Batis and Corazon de Jesus.
For his part, Escalada lauded the San Juan mayor for initiating a project that would benefit thousands of homeless families in San Juan.
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