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                               After the 
                                American Navy returned the Subic Bay Naval Base 
                                to the Philippine Government in 1991, the former 
                                officer's housing facilities had fallen into great 
                                disrepair. Paint was peeling off the buildings, 
                                walls and ceilings were collapsing and the houses 
                                were no longer habitable. The houses one could 
                                choose from only fell into two categories: bad 
                                and worse.   
                              Visitors to the Freeport, 
                                as well as locators and investors in the newly 
                                developed Freeport and Tourism zone were crying 
                                out for better housing options. And so, in late 
                                1996, Subic Homes, Inc. was established to respond 
                                to the need for quality housing facilities in 
                                the Subic Bay Freeport. 
                                 
                                 
                                The first major event, which occurred only a few 
                                weeks after Subic Homes was founded, was the APEC 
                                Summit. In just a matter of days, Subic Homes 
                                had to 
                                
                                
                                   
                                     
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                                    make over 100 units ready for various members 
                                    of the Press and Philippine government 
                                    who would be in Subic to witness the historic 
                                    APEC Summit. A great deal of work had to be 
                                    done overtime just to accommodate the numerous 
                                    visitors who would be in Subic for that Summit. 
                                    We're proud to say that we met our deadline! 
                                     
                                     
                                     
                                    We have come a long way since then. After 
                                    large-scale renovations and countless improvements 
                                    and investments in the property, units that 
                                    were barely "habitable" when we 
                                    began, we have now been transformed into inviting, 
                                    comfortable, and well-furnished houses catering 
                                    to locators, investors, tourists, families 
                                    and retirees who love Subic Homes so much, 
                                    they have decided to make it their home too. | 
                                 
                               
                              
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