Secretary Eduardo del Rosario of the Department of Human Settlements and Urban Development (DHSUD) commended Westchester Realty Corporation (WRC) of the RGV Group for its outstanding accomplishment over a one-year period.
In his recent visit to Xevera Mabalacat project as a guest of honor during the first anniversary and thanksgiving celebration of WRC. Del Rosario cited the company’s “fantastic performance” in the sale turnover of about 2,000 newly-refurbished townhouse units of Xevera within a period of eight months, or at an average of 250 units per month even during this pandemic.
He stressed that the auctioned 4,865 units in Xevera Mabalacat, Bacolor, and Angeles bought in bulk by WRC, refurbished and sold to Pag-IBIG Fund members, boosted economic activity to 60 allied industries, employing about 2,000 workers and making Xevera Mabalacat very alive today.
On the other hand, Pag-IBIG Fund CEO Acmad Rizaldy Moti highlighted the RGV Group’s initiatives in bringing back to life the Xevera projects. He said that the marketing of RGV Real Estate Center, Inc. of the RGV Group is successful in the dispersal of acquired assets under bulk sale worth P2.1 billion. More commendable, Moti said, is WRC’s contribution in providing 2,000 jobs.
Moti noted that based on the performance evaluation rating of Pag-IBIG Fund, WRC tops housing developers in Region III with 98.8 percent efficiency as of January 2021.
Former Congressman Rodolfo G. Valencia and son, John Nico P. Valencia, RGV Group chairman and WRC president, respectively, appreciated the positive recognition for their efforts. WRC undertook refurbishing of the church, the school, other amenities, and works of arts that improved the scenery, making the projects among the best township projects in the country today.
“It is my humble advocacy to provide decent, affordable homes to our homeless Filipino families, and in the process, create jobs and livelihood opportunities,” said the elder Valencia, who is also a TOYM awardee in human settlements.