Incentives sought to sell homes at ‘substantial’ discount

Incentives sought to sell homes at ‘substantial’ discount

MANILA, Philippines — Property developers are willing to sell completed condominium units at “substantial” discounts if the government grants them incentives or credits toward their socialized housing obligations, the Private Sector Advisory Council (PSAC) said. The proposal forms part of an Urban Housing Affordability Program presented by PSAC’s Infrastructure Sector to President Marcos during a special