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Affordable Condo for the Middle Class
President Gloria Macapagal Arroyo and Vice President Noli "Kabayan" de Castro recently led the formal opening of GA Tower I, the recently completed condominium project aimed at middle-income earners. GA Tower I, located at EDSA, Mandaluyong City is a project of developer Globe Asiatique and Pag-IBIG Fund under its Medium/High Rise Building (MHRB) program. The Fund has, to date, approved a total of 38 MHRB projects valued at P5.4 billion generating 8624 residential condo units for city dwellers. From left to right: Delfin Lee, President, Globe Asiatique Realty Holdings Corporation (GARHC), Mandaluyong City Representative Benhur Abalos, Environment Secretary Mike Defensor, President Arroyo, Vice President de Castro, Atty. Romero Quimbo, President, Pag-IBIG Fund, Atty. Romulo Fabul, CEO and Commissioner, Housing and Land Use Regulatory Board, and Antonio Lee, Chairman, GARHC.
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