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These, together with the National Capital Region, are further subdivided into cities (Filipino: lungsod) and municipalities (Filipino: bayan). Cities are classified under the Local Government Code of 1991 (Republic Act No. 7160) into three categories: highly urbanized cities, independent component cities, and component cities.
Globe Asiatique Realty Holdings Corp (GARHC), simply known as Globe Asiatique (abbreviated as GA), is a Philippine real estate corporation.. It is known for its townships in Central Luzon and Southern Luzon, mostly developed in the 2000s and has built high-rises along EDSA in Metro Manila.
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
In the wake of the housing crisis, the number foreclosures has skyrocketed as depressed real estate prices and subprime mortgages continue to push millions of borrowers into default. As of Dec. 31 ...
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For instance, 1st class cities have an income of ₱ 400 million or more, while 6th class cities earn less than ₱ 80 million in a four-year period. Each city is governed by both the Local Government Code of 1991 [2] and the city's own municipal charter, under the laws of the Philippines.
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