July 28, 2007 news

Local Entrepreneurs Invest in Multimillion Project

             In what could be an unprecedented move by the private sector of Dumaguete City to infuse revenues through a single, multimillion-peso investment into the city, a group of respectable local entrepreneurs have responded to the urgent need for a new, expansive, state-of-the-art memorial park in the city and in Negros Oriental.
             The Gardens Memorial Park in Cadawinonan, Dumaguete City held its launching and groundbreaking ceremony at its site on July 28, 2007 in the presence of city and national housing officials, the general public, as well as prospective clients.
             Initiated and conceptualized by Lotiff Construction, developer/general contractor and exclusive marketing arm of the project, negotiations started in December 2006 among Louie Tijing of Lotiff Construction, lawyer Raymund Mercado, and landowner Nelson Patrimonio to invite local businessmen to assist in raising funds for the purchase of two parcels of lots in barangay Cadawinonan, approximately 10 minute drive from the city proper, and convert it into a memorial park. Incidentally, Lotiff Construction is on the forefront of such projects as Royal Palm Residential Estates, Silliman Heights Subdivision, Bayawan Memorial Park , Amparo’s Village 1 and 2, Apo Vista BeachPark, The Resurrection Garden Memorial Park and the soon-to-be-launched The Island Residences in Siquijor province.
             In a span of one month and after a series of presentations to the investors, the group of businessmen was finalized, coming up with the name of the memorial park, as well as that of the group, which is now known as Dumaguete Lifetime Properties Co., Inc.
            With its registration with the Securities and Exchange Commission, the group is likewise proud to announce its roster of respectable members, namely: Edward Uy of Bigfoot Truck and Surplus and Joebon Marketing, Danford Sy of New Bian Yek Commercial, Lerma Chua Martinez of Consolidated Lending Center, Alvin Yulo of Appliance Centrum, Atty. Antonio T. Ramas-Uypitching Jr. of RUSI, entrepreneur Rodrigo Gandionco, Dixon Peralta of Dumaguete YY Trading, Jane Chua Ong of Orion Industrial and Consumer Finance Co., Inc.,  Victoria P. Ang Gobonseng of Victoria Commercial, entrepreneur Nelson Patrimonio, Atty. Raymund Mercado of Mercado & Partners Law Firm, Timmy Ochoco of Global Friends Travel and Tours, entrepreneur Chiquito Fabillar, Alexander Roleda of Kia Motors, and Louie Tijing of Lotiff Construction.
             The Gardens Memorial Park offers 50 percent discount on spot-cash buyers available on a limited time, limited inventory only, as well as 40 percent discount with one year to pay at zero interest rate. With its modern facilities and amenities that is at par with the modern world including 24-hour security and a provision for bone ossuary and crematorium, available are lawn lots, garden lot, family estate, and grand family estate.

This project was issued by HLURB Region VII Certificate of Registration No.  17284 and License to Sell No. 18193 on July 25, 2007.

            Considered as a single multimillion-peso investment by the private sector in Dumaguete, The Gardens Memorial Park is the latest addition to the city’s expanding skyline and its contribution to the revenue-generating efforts of the city government, inasmuch as it offers a source of income to local residents.

            With construction going on full swing since April this year, it is expected to formally open on Nov. 1, 2007.