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GLOBE ASIATIQUE CONTROVERSY

I actually call it tragedy because it's nothing short of being tragic. A peaceful community caught in the middle of the controversy surrounding its developer Globe Asiatique and Filmal Realty Corporation. Life at Saint Monique Valais is normal as usual but the ongoing problem is still hurting us one way or another.

It was mid August when the workers stopped coming. I didn't notice it at first until a friend who decided to get a unit here asked me. That's when things started to make sense to me. The problem started with Globe Asiatique's Xevera unit in Pampanga. Around 1,600 or so homeowners allegedly applied for a PAG-IBIG loan only to find out that these people don't exist. In short, they are ghost accounts. The case is still under investigation in the Senate and in other government legal offices until now and people are still to find out who is saying the truth.

st_monique binangonan
unfinished townhouses in saint Monique Valais

But reality is, even if the case is isolated in Xevera Pampanga, all Globe Asitique communities are affected and are suffering. PAG-IBIG fund (HDMF) revoked the agreement they have with Filmal realty/ Globe Asitique thereby putting all construction to a virtual stand still We are lucky that our unit has already been taken out by Pag-Ibig as we have moved here almost 2 years ago. Bad news to all new homeowners who are waiting for the approval of their housing loan with HMDF. Worse, many of the new units sold are still under construction.

The pictures below are some of the houses under construction in my village Saint Monique Valais.


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I have 2 friends whose house are under construction and like everybody else, they are starting to get worried. Who wouldn't? Who knows what they had to go through just to have that money. I have been advising them to be cautious about their move to cancel. Mr Delfin Lee, the owner of Globe Asiatique already expressed that GA is willing to refund 50% of their down payments less the expenses but I thought that's still unfair.

I told my friends to simply stop payment and wait for the promise of the developer to resume construction in a few months. If they don't do as they say, that's the time to appeal for a full refund as it is already the contractor violating the agreement. That's based on my interpretation of the law and the existing agreement. Under normal circumstances, when you pay for the down payment of any property, you will not refund any amount when you breach the contract.

pusangkalye-1-266

pusangkalye-1-267

Yesterday---my friend went to the head office to personally get the word of the people concerned. This what they told her.......

""meron kaming 4 options 1st magcancel kami without pay . Cancelation lang daw kasi un ung policy nila . wala pa daw ung cnasabi ni Mr. lee na pag magbackout ka makukuha mo ung 50% .2nd ,cancel ka. gawa ka ng letter. kung ano ung nakikita ko sa tv at kung ano ung cnabi ni Mr. lee na 50% makukuha. Yun ung isulat ko dun. at ipapa approve nila kay Mr. Lee un. Kung na approve saka kami makakakuha ng 50% . So far may mga nagpapa approve pero wala pang feedback. , 3rd, pwede daw namin ipa assume sa iba. Si broker daw kausapin namin doon sa bagay na yun baka marami pang naghahanap.Para naman daw di kami gaanong lugi if mag backout. 4th. ... kung itutuloy daw namin ung project... pwede daw gawa kami ng letter na saka nalang babayaran kung nag resume na ung construction. ""

Saint Monique Valais

These developments really make me feel sad. They decided to own a house and lot here at saint Monique Valais because of me. Not that i convinced them but because they saw the beauty of my place. And now this. Our village is coping well. We are lucky that we have a well established Homeowners Association to absorb the shocks Globe Asiatique (GA) is taking, from the government, the media, Pag-Ibig Fund and the individuals who's units are under construction. But I feel regret for all those who are affected in all GA communities especially those whose houses are still under construction and are still unsure whether they will get their money back should there be further delays.

If you are affected by this controversy, be sure to keep in touch with Globe Asiatique's office in Ortigas. I advice moderation. Don't let your emotions get in the way of good decision.

It would also be helpful if you join some website discussion boards to keep you posted on the latest news. I find PINOY EXCHANGE helpful. Good luck to all of us.........

_________________________

what GA has to say -- http://galifestyle.com/?page_id=658

Comments

  1. that's really bad. Lalo na yung napabalita na sa iba nakapangalan yung bahay at lupa nila.

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  2. awts naman. tsktsk. ikaw n ang judge

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  3. Naks! ikaw na ang kanilang counsellor... councilor.. counselor...wateber...lol... hehehehehhe

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  4. Bino--uo. nagworry din ako don----I will go to the main office pag nakahanap ng time para i-clarify---kuha ng photocopy ng title and check it out sa registry of deeds sa Binangonan. mahirap na

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  5. glentot ---I hope makalampas na ang GA---and I hope ayusin na nila. malaking lesson na dapat to sakina. Now they are losing a lot of money for screwing up.sayang

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  6. kikilabotz---at bakit yung pagiging judge ko sa PEBA ang topic aber? hahaha

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  7. Xprosaic--eh dahil kasi sakin kaya sila napakuha dito---na-ingget sila---este ingganyo pala.lol

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  8. Very well said pare... ang galing ngayon lang ako nakabasa ng blog mo!!!... proud of u... can I say we are luckier kc napaaga ung take out natin sa PAG_IBIG... pero I agre dream with u na nakakasad talaga dun sa iba... mahirap hanapin ang pera at ang bahay ang most dream ng bawat pamily... di ba..all the while parang slim ang chance na mabilis na maayos.. in a way affected na din tau dahil tumaas ang ating association dues... parang sinayang ni Delfin Lee lahat ng kanyang sinimulan.... SYANG.

    ANy Way Bravong Bravo ka pare...

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  9. oo nga need talaga natin asikasuhin pala anu...

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  10. Mareng Ganeb...salamat.salamat. uo---kunin natin yung copy natin ng title and check na kagad sa miunisipyo---pati ako naalarma.

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  11. bulakbolero.sg--uo. I feel really sad for the people affected.

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  12. awwwww thats just sad.. especially for those people na nag impok para jan.. ako, importante din kase talaga na may sarili kang house..isa yan sa pinaka unang pinagiipunan ng tao.. lalo sa panahon ngaun.. and with things like that na nangyayari, nakakapanghina lalo at makita mo na mapunta sa wala ung pinaghirapan mo..

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  13. sobrang sad yung nangyari dian... sayang yung mga project nila lalo na sa pampanga ang ganda pa naman.. para kang nasa europe...

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  14. what a housing mess! sa US naman, a lot of homeowners lost theirs due to loan defaults.

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  15. tsk tsk wawa naman yung mga kumuha ng unit jan..sana mabawi pa nila yung payment or mas maganda ituloy ang construction ng mga bahay.

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  16. i heard it in the news few weeks ago... sad naman... sana maayos na nila yang gusot na yan... =D

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  17. i heard it in the news few weeks ago... sad naman... sana maayos na nila yang gusot na yan... =D

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  18. YanaH--tama--dreams na pinag-uusapan dito e. so shattered dreams ang labas. masaklap talaga. although ako I hope talaga na matuloy parin. maayus ng Globe Asiatique

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  19. Axl---diko pa nakita yung sa Pampanga eh. pero alam ko maganda facilities din nila don.

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  20. The Nomadic Pinoy--ibang usapan na yun---sana di mangyari yan dito sa pinas. D:

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  21. hArTLeSsChiq--uo.like my friends, they are also becoming restless day by day

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  22. Pinoy AdvenTurista--mukhang matatagalan kasi ang daming ongoing investigation eh.

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  23. yung mga ganitong scam talaga yung nakakainis. SILA ANG SALOT NG SAMBAYANAN. Kung sino pa ang may pera, sila pa ang malakas manggulang ng mga mahihirap.

    HOY GISING GLOBE ASIATIQUE ayusin niyo yan gulo na yan! kundi, TAENA NYU.

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  24. Rah --parekoy---puso mo, puso mo.lol. sana nga maayos pa.

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    ReplyDelete
  27. Hi Sir, I read your blog and its very interesting..actually merun nga po kami unit jan sa st. monique valais binangonan, and sad to say d pa namin matirhan kase nga sa nangyaring issue, ung bahay namin is 75% pa lang na nagagawa.. d namin alam kung pano kami mag start na bawiin nalang yung DP namin sobrang nakaka-sad ang nangyari..sana you can help us po before kase madalas kami magvisit sa main office nang filmal ngayon d na kase sobrang hectic nang sched kaya d na namin alam kung anu na ba updates sabi nila d na daw namin mabababwa ang DP at commision na daw un nang broker..dami nila excuses nakakasawa na makinig sa kanila..i hope u can help us..thanks - RED

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  28. Goodluck... isa ako sa apektado... kumuha kami ng twin unit ng Nicole townhouse sa Ph. 5 na sa harap ng gagawin sanang clubhouse... nakakalungkot kasi mukhang until now di pa rin natutuloy ang construction.

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  29. nice blog.

    How about the GA towers at Boni? Are they affected? Or malinis naman ang pagbili dun ng unitS?

    Keep up this blog. Informative.

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  30. parang it's getting worst...there are videos in youtube showing how people fought each other...dati dati sa forum about kuryente lang complain. ngayon pati tubig na.

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  31. parang it's getting worst...there are videos in youtube showing how people fought each other...dati dati sa forum about kuryente lang complain. ngayon pati tubig na.

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  32. My fiance and I decided to purchase a unit at st. monique when we were just planning to get married, that was May 2010 when we started to pay for the equity. We've finished paying the equity by october same year. But this shocking news came out, and until now, we got married and have a baby, we don't have an idea how to get our money back. We went to Filmal realty office on Nov 2011 but they are just giving us the computation of how much we can get if we back out. Mind you... it's only PhP 15, 000.00!!! We paid them 108,000 but they will just give us 15k?!? That's not fair! And one more thing, we still don't have an idea, (if we're gonna accept their offer), when are we going to get the money... they just gave as the computation and that's all. My broker and my agent are not cooperating with me, when I call them they just ignore it and they don't even reply to my text messages. When I tell them that I am getting mad, then they will call me or text me telling that they are still waiting for the advice from their office. Can you please give me an advice what to do? Should I seek for a legal advice regarding this matter? Is there anyone here who has a problem like this?

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  33. Alo ANONYMOUS---actually, yan din ang problema ng friend ko.And ang advice ko sa kanya is to go to the broker personally.Pero ayaw nya so walang nangyayari.I would suggest you go to the broker and tell him/her to offer you a property within the village instead.Marami dito samin sa P2C4 na di na tinuloy ng may ari.At least,you can rennovate the house and then look for a buyer.That way,di kayo lugi.Never settle for the 15k.Di naman kayo me kasalanan or nag breach of contract eh.Ask them to give you a property instead :)

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  34. sir kamusta dyan sa st. monique noong baha due to "habagat"?

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  35. i hope you could give us regular updates on the latest development in st. monique. it's a positive development if there are on going construction... thanks. more power.

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  36. We also got 3 lots and gave Php88,000.00
    We ask for a refund instead, but they can only return Php9,000.00

    Very unfair, they breach the contract.
    May I know what are the updates who have the same case?

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  37. dika dapat nag agree sa settlement kasi lumalabas na ikaw nag breach ng contract :(

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  38. Di pa naman ako nag agree sa kanila, Im just getting the idea of others here with the same case.

    Kung kanino dapat lumapit to bring back the amount I have paid. Any idea please on where to go? Thanks

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  39. After 18 years in the industry with a “Triple A” record i suddenly became a scam artist overnight.
    Please watch the full story behind this dark politics.
    google or search Delfin Lee / Globe Asiatique official website and watch "know the truth full story" video.

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  40. Ang tagumpay ko ay ang tunay na tagumpay ng sambayanang Pilipino. Dinemanda ng Globe Asiatique ang pagibig para lang mapilitan itong ibigay na ang mga titulong iniipit nito. Sa desisyon ng RTC makati at sa pag affirm ng Court of Appeals dated March 20, 2013 inuutusan na ng korte ang Pag-ibig na ibigay na ang mga titulo ng mga fully paid buyer/borrowers ng Pagibig.
    Ito po ang inilalahad sa desisyon ng korte sa Civil Case no. 10-1120 Page 19 Number 6 GLOBE ASIATIQUE REALTY HOLDINGS CORPORATION And DELFIN LEE and his capacity as President Of the corporation Plaintiffs Vs. HOME DEVELOPMENT MUTUAL FUND (HDMF) OR PAG-IBIG FUND, its board trustees and EMMA LINDA FARIA, officer-in-charge, Defendants Motion for Execution (Against Defendant Home Development Mutual Fund) REGIONAL TRIAL COURT Branch 58 Makati City
    6. Defendants are ordered to release the corresponding Transfer Certificate of Titles [s] (TCT’s) of those accounts which are fully paid or subjected to automatic off-setting starting from the list in Annex “E” of the Motion for Summary Judgment and thereafter from those listed in Annex “F” thereof and cause the corresponding cancellation of the annotations in the titles thereof. Hindi lang iyon, inuutusan pa silang irespeto ang mga kasunduan nila o mga kontrata kabilang ang mga sumusunod :
    3. The unilateral cancellation by defendant HDMF of the continuing FCAs specifically the latest FCAs of December 15, 2009, January 5 and March 17, 2010 and CSA dated 10 February 2009, is hereby SET ASIDE;
    4.Defendants are ordered to automatically off-set the balance of those listed in Annex “B” of the Motion for Summary Judgment against the retention money, escrow money, funding commitment fees, loan take-out which are still in the control and possession of defendant HDMF;
    5. Defendants are ordered to accept the replacement-buyers listed in Annex “F” of the Motion for Summary Judgment, which list is unopposed by defendants, without interest or penalty from the time of defendant HDMF’s cancellation of the Collection Servicing Agreement (CSA) resulting to the refusal to accept the same up to the time that these replacement buyers are actually accepted by defendant HDMF; Maaari nyo pong idownload ang buong desisyon sa website ng Globe Asiatique Patuloy kong ipinaglalaban ang karapatan ng mga buyers/borrowers ng pag-ibig hanggang sa mga pagkakataong ito. Maaari nyo naring tingnan ang estado ng inyong titulo sa pagpunta sa website ng Globe Asiatique. Kinakailangan nyo lamang po magregister at ivalidate ang inyong email, maaari rin po ninyong gamitin ang inyong Facebook account para samabilis na pagpaparegistro.

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  41. https://www.facebook.com/video.php?v=1519350991687455&pnref=story

    know the truth at http://globeasiatique.ph

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