Founded by Architect Gilbert C. Yu, G&W is one of the leading Architects in the forefront of Construction in the Philippines. Previously known as Gilbert C. Yu –Willie C. Yu Architects & Associates, which was established in 1971, G&W has Designed and Built more than 1,000 buildings from 5-Star Hotels, Schools, Factories, Shopping Mall Complexes, and Office Buildings to High Rise Residential Buildings.

With 35 years of experience, G&W is also known as Project Development Consultants, designing and giving advices to developers on how to approach their projects and make it easily accepted by the Market. G&W’s Client list include, SM Prime Holdings, Robinsons Land Corporation, Insular Life, Texas Instruments, Uniliever, Panasonic, Honda, Keppel Land, Cathay Land, and others.

Not only a Project Consultant, G&W practices what it preaches. It Pioneered the Build-To-Own System that allows residents to own residential units at Direct Cost. Through the Build-To-Own (BTO) system G&W built the famous “Penhurst Parkplace” and “Kensington Place” both sold out in record time.

For more information please contact us at:

Telephone no. : (02) 746-1126, 578-2045
Mobile phone: +63917-5271188, +63918-4491555

Email us at: sys@globalcitycondo.com

   

 





 
 
 
The Risky Business of Buying a Home ...

Speech delivered by Arch. Gilbert C. Yu at the Ground Breaking of Penhurst Parkplace; a Build-To-Own Project.

I am excited with the emotion and feeling of gratitude occupying my whole heart! Gratitude for all of you who have given us your absolute trust and confidence. Who without hesitation believe in our ideas, and in so doing give us this opportunity to do something new, innovative and most of all something good for our society. I remember, during the launching of Penhurst Parkplace. I said: The construction and housing industry have a problem, and a big one at such. Homebuyers say they can’t afford, while sellers, despite high prices and high mark up, still go bankrupt!

This is a crisis, if no one shall come forward with a solution to straighten the stalemate, then our industry will never recover, much less expect another property boom. Quite fortunately, we people in the industry understand that when there is a problem, we have to depend on ourselves to solve our own problem! WE in the industry will stand up to save our own future!

The present methods of building homes and selling it to buyers is full of flaws, it is outmoded! It’s inefficient, overpriced, over-borrowed, and it is selling mortgaged properties with no protection to buyer! It is driven by the speculation in a created artificial market, on non-existing demand intentionally created by unethical middlemen who are out to make quick money.

Because of greed, one just forgets that the main purpose of building homes is to house people. It should not be treated as commodity to make speculative profit upon!

If hoarding staple like rice and corn to create shortage is evil and illegal, then creating artificial market demand for housing to raise prices and take advantage of homebuyers is also evil and wrong!

As architects and as a leading development consulting firm, realizing what is happening in the industry, having moral and social obligation to help house our people, we hereby took our responsibility and duty to bring you and the industry this reform, introducing to you the BUILD TO OWN CONCEPT. To lower the prices of decent homes with nothing mortgaged, to make it affordable to the emerging new generation and their families.

Gone will be the days of overpricing, large completed buildings left standing empty and unoccupied, while homeless people remain homeless!

The BUILT TO OWN method provides you with an alternative to the monopolized old system. It allows technical people like architects, engineers, contractors, and suppliers to serve directly to the consumer, instead of serving the middlemen who then sell it to you.

The new system will respect other legitimate professionals like the realtors and property brokers, who work very hard to bring opportunity and information to buyers. They deserve proper compensation.

Land developers like the Bonifacio Land will also benefit, because more people can afford to live here now! While before only a few super rich can afford it. You will sell more land.

I look at today as HISTORICAL, because we are changing by reforming an accepted norm of practice. But here in this world nothing is absolute. Change is progress. Old and defective systems that benefit a few must give way to the new that benefit the majority.

My congratulations goes out to those who dare to change and choose the new system!