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Saturday, April 20, 2024

8990 calls for protection of homebuyers’ rights

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Home builder 8990 Housing Development Corp., a unit of 8990 Holdings Inc., said Friday it supports the complaint filed by a group of Vista Real Classica homeowners in Quezon City against Sta. Lucia Realty & Development Inc. before the Department of Human Settlements and Urban Development.

8990 said it is the “rightful owner” of the Quezon City property in question which Sta. Lucia Realty developed into a portion of Vista Real Classica and sold to about 19 homebuyers.

“We would like to correct the notion that we are already evicting the affected homeowners of Vista Real Classica. Right now, while we already have the legal standing to exercise our ownership and possessory rights, we understand the homeowners of Vista Real Classica are also victims like us. We are one with them in making sure their rights as buyers of Sta. Lucia are also protected,” said Atty. Hazel Helmuth.

Evangeline Puzon, who sold the property to 8990, was declared by the court to be the lawful owner of Lot 116 with an area of 109,038 square meters located at Old Balara, Quezon City in its April 18, 2016 decision.

“We are saddened by this whole situation and remain one with the affected homeowners of Vista Real Classica, who like us, are victims of this highly unfortunate predicament. Rest assured that we will be exercising our rights as owners of the property while also considering their interest,” said 8990 Holdings president and chief executive Anthony Vincent Sotto.

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