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Sunvar Case Honoring The Long Term Lease Agreement

Sunvar Realty Development Corporation, which will be referred to as simply Sunvar on this document, is facing a government bid to eject due to allegations of illegal occupancy. Sunvar is located within a 2.9-hectare property found between De la Rosa and Arnaiz Streets in Legazpi Village, Makati City.

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Sunvar Case Honoring The Long Term Lease Agreement

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  1. Sunvar​ ​Case:​ ​Honoring​ ​the​ ​Long-Term​ ​Lease​ ​Agreement    Sunvar​ ​Realty​ ​Development​ ​Corp.,​ ​or​ ​simply​ ​Sunvar,​ ​faced​ ​a​ ​government​ ​bid​ ​for​ ​ejection  because​ ​of​ ​alleged​ ​illegal​ ​occupancy​ ​of​ ​Mile​ ​Long,​ ​a​ ​2.9-hectare​ ​property​ ​located​ ​in​ ​Legaspi  Village,​ ​particularly​ ​in​ ​De​ ​la​ ​Rosa​ ​Street​ ​and​ ​Arnaiz​ ​Avenue​ ​in​ ​Makati​ ​City.​ ​Not​ ​to​ ​mention,​ ​the  government​ ​is​ ​only​ ​reclaiming​ ​​Mile​ ​Long​​ ​and​ ​not​ ​the​ ​entire​ ​12-hectare​ ​government​ ​property.  On​ ​that​ ​note,​ ​Sunvar​ ​firmly​ ​reiterates​ ​that​ ​it​ ​is​ ​occupying​ ​the​ ​said​ ​property​ ​legally.​ ​According  to​ ​Alma​ ​D.​ ​Fernandez-Mallonga,​ ​legal​ ​representative​ ​to​ ​Sunvar,​ ​“The​ ​terms​ ​and​ ​conditions  upon​ ​which​ ​Sunvar​ ​occupies​ ​the​ ​property​ ​belie​ ​the​ ​allegations​ ​and​ ​insinuations​ ​that​ ​the  corporation​ ​is​ ​squatting​ ​on​ ​Mile​ ​Long.”   Further​ ​along,​ ​the​ ​accusation​ ​of​ ​illegally​ ​occupying​ ​the​ ​property​ ​since​ ​2003​ ​thereby​ ​is​ ​a  mischaracterization​ ​to​ ​the​ ​extent​ ​of​ ​calling​ ​it​ ​the​ ​“Philippine​ ​Daily​ ​Squatter,”​ ​an​ ​allusion​ ​to  Philippine​ ​Daily​ ​Inquirer,​ ​Sunvar's​ ​sister​ ​company.​ ​The​ ​broadsheet,​ ​on​ ​the​ ​other​ ​hand,​ ​was  also​ ​perceived​ ​to​ ​be​ ​critical​ ​of​ ​President​ ​Rodrigo​ ​Duterte​ ​and​ ​his​ ​governance.  Rent​ ​paid​ ​in​ ​advance  In​ ​1982,​ ​Sunvar​ ​paid​ ​Php17​ ​million​ ​in​ ​advance​ ​rentals​ ​upon​ ​leasing​ ​the​ ​property.​ ​The​ ​property  was​ ​also​ ​leased​ ​at​ ​a​ ​time​ ​when​ ​economic​ ​and​ ​political​ ​uncertainties​ ​abound​ ​the​ ​country.  However,​ ​the​ ​corporation​ ​took​ ​risks​ ​in​ ​developing​ ​the​ ​area,​ ​which​ ​at​ ​the​ ​time,​ ​has​ ​no​ ​utilities  and​ ​no​ ​access​ ​to​ ​the​ ​main​ ​road.​ ​The​ ​informal​ ​settlers​ ​also​ ​occupied​ ​it​ ​during​ ​that​ ​period.  Mallonga​ ​continues​ ​that​ ​the​ ​lease​ ​was​ ​not​ ​made​ ​as​ ​a​ ​'sweetheart'​ ​deal.​ ​The​ ​price​ ​per​ ​square  meter​ ​was​ ​Php733,​ ​which​ ​means​ ​that​ ​the​ ​government​ ​was​ ​not​ ​at​ ​a​ ​losing​ ​end​ ​because​ ​the  amount​ ​of​ ​developed​ ​lots​ ​with​ ​infrastructure​ ​nearby​ ​was​ ​Php1,000​ ​per​ ​square​ ​meter.​ ​And  Sunvar​ ​paid​ ​for​ ​the​ ​entire​ ​2.9-hectare​ ​property's​ ​rental​ ​up​ ​to​ ​2027.​ ​Hence,​ ​the​ ​accusation​ ​that  the​ ​corporation​ ​has​ ​unpaid​ ​rents​ ​amounting​ ​to​ ​Php1.656​ ​billion​ ​owed​ ​to​ ​the​ ​government​ ​is  not​ ​true.  The​ ​emphasis​ ​is​ ​on​ ​the​ ​legal​ ​process​ ​that​ ​occurred​ ​between​ ​Sunvar​ ​and​ ​TRCFI​ ​(Technology  Resource​ ​Center​ ​Foundation​ ​Inc.).​ ​The​ ​entire​ ​lease​ ​period​ ​was​ ​nearly​ ​25​ ​years,​ ​and​ ​the​ ​former  exercised​ ​its​ ​full​ ​right​ ​to​ ​extend​ ​the​ ​lease​ ​for​ ​25​ ​years​ ​more.​ ​TRCFI​ ​was​ ​already​ ​dissolved.  TRCFI​ ​leased​ ​the​ ​said​ ​property​ ​from​ ​the​ ​National​ ​Power​ ​Corp.​ ​(NAPOCOR)​ ​and​ ​the  government​ ​back​ ​in​ ​December​ ​1977.​ ​Sunvar​ ​was​ ​only​ ​interested​ ​in​ ​subleasing​ ​the​ ​3,000  square​ ​meters,​ ​but​ ​TRCFI​ ​insisted​ ​the​ ​corporation​ ​to​ ​sub-lease​ ​the​ ​22,924​ ​square​ ​meters​ ​of  undeveloped​ ​property​ ​instead.  Before​ ​the​ ​expiration​ ​of​ ​the​ ​first​ ​sub-lease​ ​period,​ ​Sunvar​ ​notified​ ​NAPOCOR,​ ​the​ ​government  and​ ​the​ ​Philippine​ ​Development​ ​Alternatives​ ​Foundation​ ​(PDAF),​ ​which​ ​now​ ​assumes​ ​the  responsibilities​ ​of​ ​TRCFI.​ ​Payment​ ​has​ ​been​ ​exchanged​ ​for​ ​the​ ​rental​ ​of​ ​the​ ​property​ ​for​ ​the  extended​ ​period.  The​ ​government,​ ​on​ ​the​ ​other​ ​hand,​ ​mandated​ ​NAPOCOR​ ​to​ ​privatize​ ​all​ ​its​ ​assets​ ​and​ ​thus,  informed​ ​PDAF​ ​that​ ​the​ ​sub-lease​ ​should​ ​not​ ​be​ ​renewed.​ ​PDAF​ ​informed​ ​Sunvar.​ ​Sunvar,  knowing​ ​its​ ​rights​ ​based​ ​on​ ​the​ ​lease​ ​term​ ​agreement​ ​to​ ​exercise​ ​its​ ​exclusive​ ​option,  responded​ ​that​ ​the​ ​government​ ​must​ ​honor​ ​the​ ​said​ ​agreement. 

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