Real Estate In Cagayan de Oro Is Booming

CAGAYAN DE ORO CITY, Jan 22 — The Chamber of Commerce and Industry here is glad that it gained an ally in Kagawad Juan Sia who understands the plight of tropical storm Sendong survivors.

“The proposed 50 percent discount on the real property taxes from 2012 up to 2014 will not only benefit member-companies but also victims of Sendong,” said Chamber President Efren Uy.

In fact, the request was more of a reminder to the city that it is empowered under the Local Government Code to grant tax exemption privileges (Chapter V, Section 192 of RA 7160) especially in cases of natural calamities, civil disturbances, general failure of crops, or adverse economic conditions such as substantial decrease in the prices of agricultural or agri-based products….More at Oro Chamber lauds councilor for endorsing 50% realty tax – Philippine Information Agency

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Real estate Cagayan de Oro 

Real estate Cagayan de Oro

Real estate Cagayan de Oro

Crossing Mendez

 

 

 

 

 

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