PH's tallest tower in QC not yet final: NHA

Posted at 07/15/2014 5:23 PM | Updated as of 07/15/2014 7:17 PM

MANILA -- An official from the National Housing Authority (NHA) explained how they are planning to use its seven-hectare property that was previously occupied by the Manila Seedling Bank Foundation (MSBF).

In an interview on radio DZMM on Monday, NHA General Manager Chito Cruz said they have received several proposals from parties interested in the property.

Among the proposals they received is the construction of a 612-meter commercial building in the area.

The building, which will have a telecommunication tower, would be the second highest self-supported tower in the world upon its completion.

The project will be a joint venture between the government of Quezon City, the NHA, and another private entity.

Another proposal, this time from the Department of Transportation and Communication (DOTC), is to build an intermodal transport hub in the property.

Cruz clarified that both proposals have yet to be approved.

However, Victor Endriga, senior adviser to Mayor Herbert Bautista, earlier said that the QC government is not keen on agreeing to DOTC's proposal since they have already come up with studies for the development of the Philippine Diamond Tower, which would be the second highest self-supported tower in the world next to Japan’s Tokyo Sky Tree (634 meters).

DISPUTE OVER MSBF

Cruz said they have a slight dispute with the QC government over the demolition of MSBF.

He explained that although they own the property, the local government ordered the demolition of MSBF after it failed to pay real property tax, worth a total of P40 million.

He also explained that although the government respects NHA's ownership of the property, they are keen on collecting the unpaid taxes.

Aside from the 7-hectare property, NHA owns the 3.7 property occupied by the Philippine Children's Medical Center (PCMC) as well some 2 to 3-hectare pockets of land along Agham and BIR Road in Quezon City.

Cruz said NHA also owns some commercial properties, and they use the proceeds from these properties to fund socialized housing projects.

Although it is not part of their mandate to prioritize commercial establishments in their properties, Cruz said they have to maximize their property to generate more funds for housing projects.

"Hindi po natin mandato 'yun, aminado po tayo diyan, pero kailangan po natin ma-maximize ang property natin, para sa ganoon po ay magamit din natin sa pagpapatayo ng bahay," Cruz explained.

The MSBF property has an estimated value of P5 billion.

NO EVICTION NOTICE

Cruz clarified the NHA has not issued any eviction notice for the PCMC.

"Obligasyon po namin na singilin sila para sa property, pero hindi po sila in-e-eject. Hinihintay po natin na makapagbayad sila," Cruz said.

Cruz added that a small portion of the property occupied by PCMC has been bought by the National Economic and Development Authority (NEDA).