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Camella
Camella Inc. also known as simply Camella, is a house and lot and condominium developer in the Philippines. It is the flagship subsidiary of Vista Land, which is part of the Villar Group of Companies associated with Manny Villar. History Camella was founded by Manuel B. Villar, Jr. in August 1977. Villar took out a seven-year loan from a rural bank offering low interest rates then kick-started building and selling at his first project, Camella Homes Phase 1 and 2 in Las Piñas, with 160 units initially. The company became the pioneer for developing house and lot packages in the country when the usual practice at that time was to sell lots for future homeowners to build on. This initiated the mass housing projects through economies of scale, utilizing the cost advantages of developing a large-scale project to bring down housing prices. Camella has since become the country's largest home building company. Accolades Camella has been recognized by Reader's Digest ''Reader's Dige ...
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Camella Homes 1 And 2 Las Pinas Drone 2022
Camella Inc. also known as simply Camella, is a house and lot and condominium developer in the Philippines. It is the flagship subsidiary of Vista Land, which is part of the Villar Group of Companies associated with Manny Villar. History Camella was founded by Manuel B. Villar, Jr. in August 1977. Villar took out a seven-year loan from a rural bank offering low interest rates then kick-started building and selling at his first project, Camella Homes Phase 1 and 2 in Las Piñas, with 160 units initially. The company became the pioneer for developing house and lot packages in the country when the usual practice at that time was to sell lots for future homeowners to build on. This initiated the mass housing projects through economies of scale, utilizing the cost advantages of developing a large-scale project to bring down housing prices. Camella has since become the country's largest home building company. Accolades Camella has been recognized by Reader's Digest ''Reader's Dige ...
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Vista Land
Vista Land & Lifescapes Inc. also known as simply Vista Land, is a property developer in the Philippines engaged in the real estate and retail industries. The company is part of the Villar Group of Companies associated with Manny Villar, along with the Starmalls, Inc. and Golden Haven, Inc. History Vista Land was incorporated on February 28, 2007 as a holding company of the Vista Group, which is involved in the real estate industry as a developer of residential subdivisions and condominiums. Organization Vista Land's operations is divided into four segments: horizontal, vertical, commercial, and affordable housing. The first two involves the development and sale of residential properties, the third deals with the company's venture in the retail and business process outsourcing industry, and the last is involved with the development and management of other business including resorts, hotels, club, and spas as well as activities of its holding companies. Vista Land has six subsid ...
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Manuel Villar
Manuel "Manny" Bamba Villar Jr. (; born December 13, 1949) is a Filipino billionaire businessman and former politician. He previously served as senator from 2001 to 2013 and as the President of the Senate of the Philippines from 2006 to 2008. Before his stint in the senate, he represented the district of Las Piñas–Muntinlupa from 1992 to 1998, and Las Piñas's at-large district from 1998 to 2001. He also became the speaker of the House of Representatives from 1998 to 2000; in this term, he presided over the impeachment of President Joseph Estrada. From 2019 to 2022, Forbes magazine named Villar as the richest individual in the Philippines, with an estimated net worth of $8.3 billion. Villar was born to a poor family in Tondo, an impoverished and densely populated district of Manila. After graduating from the University of the Philippines, he worked as an accountant and financial analyst, then launched a highly successful business in real estate. Villar's companies have bu ...
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Manny Villar
Manuel "Manny" Bamba Villar Jr. (; born December 13, 1949) is a Filipino billionaire businessman and former politician. He previously served as senator from 2001 to 2013 and as the President of the Senate of the Philippines from 2006 to 2008. Before his stint in the senate, he represented the district of Las Piñas–Muntinlupa from 1992 to 1998, and Las Piñas's at-large district from 1998 to 2001. He also became the speaker of the House of Representatives from 1998 to 2000; in this term, he presided over the impeachment of President Joseph Estrada. From 2019 to 2022, Forbes magazine named Villar as the richest individual in the Philippines, with an estimated net worth of $8.3 billion. Villar was born to a poor family in Tondo, an impoverished and densely populated district of Manila. After graduating from the University of the Philippines, he worked as an accountant and financial analyst, then launched a highly successful business in real estate. Villar's companies have bu ...
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Las Piñas
Las Piñas, officially the City of Las Piñas ( fil, Lungsod ng Las Piñas), is a 1st class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 606,293 people. Las Piñas was sixth in MoneySense Philippines "Best Places To Live" report in 2008. Attractions include Evia Lifestyle Center, SM Southmall, Robinsons Place Las Piñas and Las Piñas - Parañaque Wetland Park. History Early history Las Piñas was one of the earliest fishing settlements on the shores of Manila Bay. It was proclaimed as a province of Manila either in 1762 or 1797. Agustin, a Spanish historian, and Fr. Juan de Medina placed it at 1762. Las Piñas was formerly called "Las Pilas" due to its separation from Parañaque due to tribal conflicts. On the other hand, Manuel Buzeta recorded the date at 1797. Felix Timbang was the first ''gobernadorcillo'' in 1762, while Mariano Ortiz was the first municipal president of the town of Las Pi ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Mandaluyong
Mandaluyong, officially the City of Mandaluyong ( fil, Lungsod ng Mandaluyong), is a first class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 425,758 people. Located directly east of Manila, Mandaluyong was originally a barrio of Santa Ana de Sapa (now a district of Manila) called San Felipe Neri. It separated and became its own town in 1841, and later acquired the name Mandaluyong in 1931 during the American occupation. In 1994, it became the first municipality of Metro Manila to become a city since the metropolis' establishment in 1975. At present, it is known for the Ortigas Center, a commercial and business center that it also shares with the city of Pasig. Notable institutions and establishments in the city include the Asian Development Bank, the headquarters of Banco de Oro and San Miguel Corporation and shopping malls like Shangri-La Plaza and SM Megamall. The city is bordered by Manil ...
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Metro Manila
Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the capital region, seat of government and one of three List of metropolitan areas in the Philippines, defined metropolitan areas in the Philippines. It is composed of 16 Cities of the Philippines#Legal classification, highly urbanized cities: the Manila, city of Manila, Quezon City, Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, San Juan, Metro Manila, San Juan, Taguig, and Valenzuela, Metro Manila, Valenzuela, as well as the municipality of Pateros. The region encompasses an area of and a population of as of 2020. It is the second most populous and the most densely populated Regions of the Philippines, region of the Philippines. It is also the List of metropolitan areas in Asia, 9th most populous metropolitan area in Asia and the List of larges ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Economies Of Scale
In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. Economies of scale apply to a variety of the organizational and business situations and at various levels, such as a production, plant or an entire enterprise. When average costs start falling as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing facilities and friction loss of transportation and industrial equipment, have a physical or engineering basis. The economic concept dates back to Adam Smith and the idea of obtaining larger production returns through the use ...
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