With the country’s population increasing and the loss of thousands of homes to natural disasters, there currently exists a massive housing deficit. According to the Subdivision and Housing Developers Association, Inc. (SHDA), the backlog currently stands at 3.9 million units and could rise to 6.5 million in 2030 if the issue is not addressed.
In response to the SHDA’s continuously urging the government to step up their efforts to address this problem, Batasang Pambansa 220 (BP220) was created. This government act encourages the private sector to engage in the development of economic and socialized housing in both urban and rural areas across the country.
Enter Lumina. To answer the government’s call – and the country’s need – for economic and socialized housing, the Lumina line of mass housing communities was created. Started in August 2012, Lumina envisions itself as becoming one of the top-listed housing developers in the country. In just 8 years, Lumina already has over 50 developments in key locations across the country: Rizal, Bulacan, Pampanga, Bataan, Zambales, Nueva Ecija, Tarlac, Pangasinan, La Union, Cagayan, Isabela, Cavite, Batangas, Laguna, Quezon, Camarines Norte, Albay, Sorsogon, Iloilo, Capiz, Cebu, Negros Occidental, Agusan del Norte, Zamboanga del Sur, Bukidnon, Misamis Occidental, Davao del Norte, Davao del Sur, and South Cotabato.
Lumina homes are built of high-quality materials and cost from Php 500,000 to Php 1,700,000. If qualified by Pag-IBIG Fund as a “low-income earner,” a buyer can pay for as little as Php 1,898 a month at 3% interest for a brand new home in a safe and secure Lumina community.
Sparing no expense, Lumina developments are part of masterplanned communities that come complete with amenities like a community hall, basketball court, mini gardens and playground, and commercial areas in the near future. By building in accessible locations close to major thoroughfares, transport hubs, schools, hospitals, and business and leisure centers, Lumina not just builds a self-sustaining community, it also provides every Juan the pride of homeownership.
Lumina Carcar Lumina Carcar is a premier residential development located in Cebu's Heritage City. With our minimalist-designed homes and facilities, ...View Project Info arrow_right