DTI tells store owners “Installment Policy Only” not allowed


The Department of Trade and Industry in Region XI (DTI-xi) reminded retail store owners that “Installment Policy” only is strictly not allowed.

On the recent warning issued by DTI, it said that the consumer has the right to choose on the terms of payment of services and goods sourced out from stores.

The said policy is embodied under Department Administrative Order (DAO) 21-03 stating among others that the consumer has the right to choose on the preferred payment scheme of either in cash, installment or a combination of both.

The store has no right to refuse as to the terms of payment the consumer prefers and be forced to the ‘Installment Only Policy” imposed by the store.

Please see enclosed statement from DTI

Live the Legacy Leisure lifestyle at Holiday Oceanview!


Live the Legacy Leisure lifestyle at Holiday Oceanview!

Everyday staycation, that’s what Legacy Leisure Residences is about. Your address is the destination with world-class amenities. An Olympic size pool, a water spray park, outdoor sports facilities, a green oasis with putting green, and many more spread across a wide open area occupying 70% the property. This alone sets this vertical village apart from the rest.

At Legacy Leisure, experience nature in its expansive open space that includes variant oases and Olympic size pool.

As the first of four tower rises, all you can do at this time is imagine what it’s like living in a place with all the deluxe facilities right at your doorstep. But what if Legacy Leisure can snap you out of your daydreaming and let you live the future now?

You can have a peek of your “everyday staycation” at Holiday Oceanview Serviced Residences in Samal.

Experience Legacy Leisure’s “everyday staycation” at Holiday Oceanview Samal today for free.

The island resort is the sister company of Legacy Leisure and geared towards the same concept of luxury living. In the mixed-use community is a residential setting, which includes a condominium with recreational amenities you would expect. This is where the similarities between the two starts.

At Holiday Oceanview, experience living with nature.

A spacious, relaxing environment and privacy is shared by both properties.

The gated condominium complex of Legacy Leisure is ensconced in a 2.4-hectare property by a creek. Only four buildings will be erected to use less than 30% of the area, the rest will be allotted to open space. The living areas will have a view either of the Davao Gulf and the majestic Mt. Apo. Its may be in the city but with the resort-like vibe, you’ll never feel that it is.

Holiday Oceanview sits in a large seaside gated property. The development follows the terrain that slopes gradually from the verdant mountain side to |the shore. It’s living with nature — the sun, sea and mountain, with the conveniences of modern living.

How about enjoying the ”firsts in Davao”?

Summer heat is beating on us and you can’t wait to cool down in Legacy Leisure’s Olympic-sized pool, or you can take a few laps and set a personal best on a sportsman’s course. It’s the first of its kind in Davao and Mindanao, and it’s for you to use any time, any day, year-round.

The marina at Holiday Oceanview is the first of its kind in Davao and Mindanao. It’s exclusive to its members. But if you know someone who is and willing to lend you the yacht, then consider yourself very lucky. Sail away! If not, you can still enjoy the ocean breeze whether you’re in the pool or the beach.

Both properties pushes for wellness living.

You know why Legacy Leisure is going the opposite way of a usual community development and designed a 70% open space- 30% living space? It’s to make sure the residents have ample room to move about the outdoors and still enjoy their personal space. The greens, fresh air and the sports activities set in a wide al fresco expanse are good stress relievers. While at Holiday Oceanview, to be in the middle of nature is a gift.

Here’s the good news: you can experience the the everyday staycation life now! For every reservation you make at Legacy Leisure, you get a night’s stay in a studio unit at the Holiday Oceanview Serviced Residences for free! A night at the island condominium will give you a feel of what Legacy Leisure is offering you in a city setting.

Tempted enough? Legacy Leisure is throwing in another good news. Due to public demand, they are bringing back the 10%-90% payment scheme with the 10% downpayment payable in 48 months. Can you resist such a tempting offer?

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Legacy Leisure Residences introduces new payment scheme


Here’s an easy terms offer for home buyers. How about the 15%-80% payment scheme ? Check it here to find out the details with this PR.

Legacy Leisure Residences introduces new payment scheme

The pandemic may have paused the economy, but there’s no stopping anyone grabbing a good investment opportunity when presented. This month, Legacy Leisure Residences will be offering its new 15%-85% payment scheme.

“Investing in real estate is always a good idea. The Covid-19 pandemic got a lot of investors into the wait-and-see attitude, but now is a good time to invest with property developers offering investment schemes that won’t break the bank,” said Wesley Bangayan, Vice President of Legacy Leisure Residences.

With Legacy Leisure Residences, the condominium development along Ma-a Road that was launched in January this year, the introductory price was offered with an easy payment plan. The deposit of Php 8,000 per month is payable in 48 months and the balance can be financed by a partner bank or Pag-Ibig Fund, or by availing of the in-house loan.

“The lockdown was implemented right after we launched,” said Bangayan, “Thus construction and sales was put to a pause. When the restriction was eased, we went back to the field right away. Whatever delay there was, it was minor. Construction is back on schedule.”

Bangayan said they did the same with their sales and marketing. “We had to get creative during this period pf pandemic. First and foremost, we boosted the team’s morale with the help of a motivational speaker. Then we strengthened product knowledge with everyone including our partners, and invited a creative, tech-savvy expert to join the team.”

In place of marketing activities like mall exhibits and sales caravans, Bangayan said they went all out via the digital format—virtual tour of the showroom, sales meetings, etc. Adding to the company-initiated high visibility plan in both print and social media, one of the thrusts of the Legacy Leisure is to get the partners involved in the advertising and promotions via social media.

Now reaching a wider audience is why investing in Legacy Leisure Residences is wise: construction stayed on schedule even during the pandemic; the project is world-class with its resort living concept and impressive amenities; excellent residential location with easy access to key locations; and most importantly, owning the widest condominium space in the market today is most affordable at this project.

The plan produced positive results. May Reyes, Legacy Leisure Residences’ marketing manager said, “There was a very substantial increase in our sales. From 5% of the units sold in Tower 2 the previous months, it picked up and sky-rocketed to 60% of the units sold by September to November.”

“We are now reaching more people via different media channels. Many saw the advantages of investing in Legacy Leisure Residences and a lot of them are now homeowners. They grabbed the chance to own before a price increase and while there are still available units for Tower 2. But our inventory is selling out fast. If you’re considering living in a vertical village, now is a good time to invest as well,” said Bangayan.

Bangayan is also confident that Legacy Leisure’s new 15%-80% payment scheme will further boost the sales of the condominium project. Reyes stressed that the advantage of this new payment scheme is a higher probability for banks to approve the amortization.

The new scheme offers no reservations fee and the is not restricted to the computed monthly price. The client can pay a higher monthly payment which will adjust and lessen the 85% balance. Hence, a higher probability for approved loan.

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