ELIZABETH VIEW HOMES

Psalm Residences

Villa Lolita II Subdivision

Club 30 Heights Subdivision

Graceville Subdivision

El Monte Grande Heights Subdivision

Bethesda Ville Subdivision

About Us

PSALM PROPERTY VENTURE & DEVELOPMENT CORPORATION was founded by dynamic and illustrious men of great foresight in addressing community concerns, like the ever increasing problems on housing in urban areas

Circa 1996, AVELINO S. ALVENIZ, who was still struggling to earn a college degree, started acquiring lots for Pag-ibig members which he would develop as housing areas on individual basis. He did all the marketing and processing of Pag-ibig Housing Applications, including the release of funds and the completion of the houses. So that from 1996 to year 2002, he was able to develop two (250) lots and constructed houses thereon for the Pag-ibig members/clients.

With such experience behind, he put up and founded  “PSALM PROPERTY VENTURE AND DEVELOPMENT”, a sole proprietorship, under the name of AVELINO S. ALVENIZ. The firm undertook the following subdivision/housing development projects, to wit:

1. ROCKWELL I SUBDIVISION – on a 3,600 square meter, with 20 sub-lots for Pag-ibig house at Tayud, Consolacion, Cebu (completed and all titled delivered);
2. ROCKWELL II SUBDIVISION – on a 3,600 square meter, with 20 sub-lots available thru in-house financing at Tayud, Consolacion, Cebu (completed and all the titled delivered);
3. PSALM VILLE I SUBDIVISION – on a 8,000 square meter with 60 sub-lots available thru in-house financing at Tayud, Consolacion, Cebu (completed and all the titled delivered);
4. PSALM VILLE II SUBDIVISION – on a 3,000 square meter with 15 sub-lots available thru in-house financing at Tayud, Liloan, Cebu (completed and all the titled delivered);
5. ALTA TIERRA SUBDIVISION – on a 7,000 square meter, with 54 sub-lots available thru in-house financing at Calero, Liloan, Cebu (completed and all the titled delivered);

The above listed projects have been undertaken in a span of 3 years from year 2002 to part of 2005. With such increase, he decided to form a corporation under the name and style of “PSALM PROPERTY VENTURE AND DEVELOPMENT CORPORATION” in March 2005 and additional projects having been done to the present, as follows:

6. GRANTVILLE 1 SUBDIVISION – on a 9,000 sqm, with 48 sub-lots purely for Pag-ibig assisted houses at Jugan, Consolacion, Cebu (completed and all the titled delivered)
7. VILLA MONILAR SUBDIVISION – on a 5,546 square meter, with 38 sub-lots purely for Pag-ibig assisted houses at Jugan, Consolacion, Cebu (completed and all the titled delivered)
8. SHENNA HOMES I SUBDIVISION – on a 1.2 hectare, with 56 sub-lots available thru in-house financing at Cansaga, Consolacion, Cebu (completed and all the titled delivered)
9. ROCKWELL III SUBDIVISION – on a 2,700 sqm, with 20 sub-lots purely for Pag-ibig assisted houses at Tayud, Consolacion, Cebu (completed and all the titled delivered)
10. JAMESVILLE SUBDIVISION – on a 1.7 hectare, with 70 sub-lots for Pag-ibig and installments assisted houses at Tayud, Liloan, Cebu (partially completed and on-going)
11. GRANTVILLE 2 SUBDIVISION – on a 5,425 sqm, with 34 sub-lots available thru in-house financing at Suba-Masulog, Basak, Lapu-Lapu City (completed but the title were partially delivered)
12. NECO HILLS SUBDIVISION – on a 7,489 sqm, with 43 sub-lots for Pag-ibig and installment assisted houses at Yati, Liloan, Cebu (completed and all the titled delivered)
13. SHENNA HOMES II SUBDIVISION – on a 1.8 hectare, with 120 sub-lots available thru in-house financing at Curva, San Vicente, Liloan, Cebu (partially completed and on-going)
14. VILLA AYUDA SUBDIVISION – on a 2.3 hectares, with 365 sub-lots available thru in-house financing at Curva, San Vicente, Liloan, Cebu (LOW-COST LOT and on-going project)
15. VILLA CONCHITA – 3,435 sq m with 19 sub-lots available for Pag-ibig and installments located in Tayud, Liloan, Cebu
16. JOVILLE – 9,404 sq m with 59 sub-lots available thru in-house financing located in Danlag, Consolacion, Cebu
17. SHENNA HOMES 3 – 5,958 sq m with 16 sub-lots available thru in-house financing located in Yati, Liloan, Cebu
18. GRANTVILLE 3 – 11,140 sq m with 39 sub-lots available thru in-house financing located in Marigondon, Lapu-Lapu City
19. CLUB 30 HEIGHTS – on a 66,821 sq.m with 250 sub-lots available thru in-house financing at Tubod, Minglanilla, Cebu (SEMI-HIGH END SUBDIVISION)
20. EL MONTEGRANDE HEIGHTS – on a 117,076 sq m with 500 sub-lots available thru in-house financing at San Vicente, Liloan, Cebu (SEMI-HIGH END SUBDIVISION)
21. IMMANUEL HOMES – 7,074 sq m with 42 sub-lots available thru in house financing located in Bangkal, Lapu-Lapu City

With the foregoing projects, the firm has acquired some fixed assets, such as heavy equipment, i.e., Buldozers, Graders, Pisons, Dumptrucks, Rollers and similar other machineries through sale or lease, and some units of vehicles, and other necessary tools. It has employed a sizeable number of employees – field and office – and has acquired untarnished good name and goodwill.

The members and officers of the corporation have attained skills and experience behind them and such that PSALM PROPERTY VENTURE AND DEVELOPMENT CORPORATION, if given more time and assistance could still be enhanced and become a notable enitity in the housing industry.