Real Estate Journal - March 18, 2019

18-FHB-MBJCoverInsert_Size2.25"X3.25"BW.pdf

MARCH 18, 2019 ISSUE | REJGUAM.COM 

PAGE 6

Properties to love

Mongmong magic The right stuff Doing your home work



PAGE 8

Oops!

Sealed savings



PAGE 16

Need to know Spice of life

t INDEX PROPERTIES TO LOVE....................................................4 THE RIGHT STUFF...........................................................6 OOPS!.................................................................................8 THE DOCTOR IS IN.........................................................12 VILLAGES........................................................................14 NEED TO KNOW.............................................................16

The kitchen of this magical, single family home in Mongmong-Toto-Maite boasts all brand new appliances with warranties included.

Photo courtesy of Horizon Properties Inc.

1

10/

4

PROPERTIES TO LOVE

THE REAL ESTATE JOURNAL

Large windows brighten the spacious living room with plenty of natural light.

Photo courtesy of Horizon Properties Inc.

THE SKINNY 106 CABAYERO STREET MONGMONG-TOTO-MAITE, 96910 $337,000

Inside • Single family home • 5 bedrooms, 2 full bathrooms • Brand new appliances with warranties included • 1,750 square feet of living space Outside • Paved patio/deck • Fully surrounded by a grassy yard • Accordion typhoon shutters • Concrete border around the house What’s cool • Centrally located • Just five minutes away from the Agana Shopping Center and Chamorro Village • Perfect for backyard barbecues How to make this your own (quickly) Contact: Jerri Denice Shoemake or Maria E. Miller Horizon Properties Inc. Call: 688-3490 or 777-7792 Email: denice.horizonproperties@gmail.com or maria.horizonproperties@gmail.com

PROPERTIES TO LOVE

THE REAL ESTATE JOURNAL

5

Centrally located, this home is just minutes from both the Agana Shopping Center and Chamorro Village.

Five bedrooms make this the perfect home for large families.

Two fully tiled bathrooms make cleaning quick and simple.

Photos courtesy of Horizon Properties Inc.

6

THE RIGHT STUFF | HOME OFFICE

THE REAL ESTATE JOURNAL

Doing your home work Non-traditional work environments have become more commonplace as both employers and their workforce find benefits in a flexible arrangement. Whether for teleworking purposes, freelance projects or simply a way to stay

engaged with work when away from the main office, home offices have carved a space in the American home.

When planning a home office, the first instinct might be to just cram a desk or table against the

wall and call it a day, but making a space that supports productivity is worth the effort. The ideal home office is free from distractions, has a door, and makes it easy to separate work space and time from personal space and time to create

greater balance in your life. “Offices are very important because it’s where people spend their time. The better you feel in that environment, the more productive you end up continued on page 7

Dual computer monitors

Small space, big style

Custom kids table workspace, M80 Systems

Photos by Leah Nathan

THE REAL ESTATE JOURNAL

THE RIGHT STUFF | HOME OFFICE

Modular wall, M80 Systems

Deluxe home office 18-FHB-Mortgage_RealEstateJournal_Size6.875"X9".pdf

continued from page 6 being,” said Jessica Leon Guerrero, president and co-owner of M80 Systems.

While a separate room is not required, some separation is a must.

Modular walls, sliding “barn” doors or even a curtain can help carve out enough space to get the job done if physical distance is needed. For working parents with kids in the home, balance might mean creating a kids workstation where children can happily play alongside without overwhelming the adult’s workflow.

Creating proper storage and a comfortable desk is the next priority. Investing in double-duty items, such as bench shelves, will maximize space — offering seating, storage and the occasional overflow table. Leon Guerrero also recommended investing in a good chair. “I always thought a chair was a chair, until you get one that is the right fit for you, and it makes a big difference.” If possible in space and budget, she advocates for dual monitors, citing workflow efficiency and less paper waste from printing.

On the tech side, having the right software and matching OS or file systems with your employer is key. Arguably though, the most important element of any home office is consistent internet that matches the demands of your job. “If you’re someone who is always in your office, you need to have bigger capabilities. If it’s not working for you, find a solution,” Leon Guerrero said.

Productivity shouldn’t be the only goal in mind. Generally, we spend a third of our adult lives working, so giving the space personal design/feel must be a priority. Whether it’s top end features like luxury lighting or a custom fish tank wall, or the simple touch of framed family photos on the desk, making it comfortable and yours will produce great results. p

7

1

7/18/18

12:47 PM

Photos by Leah Nathan

8

OOPS! | INSUL ATION

THE REAL ESTATE JOURNAL

Icynene Proseal 2.0-pound density closed cell wall foam at Andersen Air Force Base

Photo by Leah Nathan

Sealed savings “Guam is temperate year-round, meaning there’s constant heat,” said Robert Keith Dickson, CEO of Pacific Industrial Coatings. Endless warm weather seems counterintuitive to the need for a soundly insulated home. However, according to the experts, insulation is just what homes on Guam need. In a “concrete box” home, common on island, insulation can make a big difference.

The biggest impact is in utility savings. “If you insulate, the AC will cool the home down faster and keep it cool longer. It’s definitely

lowering your power bills,” said William Murphy, general manager at Urethane Services Inc. This also creates long term results, since a poorly insulated home puts more wear and tear on cooling systems. “[Lack of insulation], creates more maintenance and wears down your AC unit,” Murphy said.

Not all insulation is going to deliver the same results. Three common types of insulation are used in homes on Guam. The first, fiberglass, is cheapest and easiest to install yourself, but also comes with drawbacks. Chiefly, it is prone

to moisture absorption and if it gets wet becomes virtually useless. It is also the least efficient, so you’ll need a lot more to get the same effect as alternatives.

More efficient, and a little pricier, are foam boards. Slightly more work to install, they are another doit-yourself option. Experts advise treating them with an insecticide, as they are bug-friendly. There are also some concerns with toxicity in the case of fires.

If budget allows, sprayed polyurethane foam is recommended.

While the most expensive, due to

the cost of skilled labor and special equipment to apply, it is by far the most efficient and long-lasting. “It’s seamless so no air gets through,” Murphy said. In addition to greater efficiency, closed cell spray foam is also water resistant and acts as a vapor repellent, keeping the home both cool and dry.

When choosing, Dickson reminded homeowners, “Your insulation is only as good as the product and the use it’s designed for.” In Guam, making an informed investment in insulation can surely add up to powerful savings. p

12

THE DOCTOR IS IN | SOL AR

THE REAL ESTATE JOURNAL

A bright future With an endless supply of sun year round, solar is a renewable power source with big potential in the Mariana Islands. As solar technology becomes more advanced and more affordable, many islanders are making the switch.

Understanding how the paperthin photovoltaic discs in a solar panel power your home or business may seem daunting, but the benefits are simple for anyone who plugs in. “The biggest reason that homeowners switch to solar is for the impact on their utility bills. People can save hundreds of dollars per month on electricity, and those savings add up quickly,” said Joe Rosario, director of business development at Micronesia Renewable Energy Inc. An interest in the health of the environment also motivates many on Guam to switch from fossil fuels. William Hagen, part owner of Pacific Solar and Photovoltaics, said, “If you’re conscious of the environment you’re living in, you should be conscious of where your electricity comes from. Solar helps protect the environment, allowing you to participate where you may otherwise not have an opportunity.”

Rosario said. “Every solar panel that is installed here on island changes the island forever. That home or business is now no longer 100% dependent on the oil being burned in a power plant.”

There are two ways to buy into a solar system on Guam. The first is direct purchase, in which the business or homeowner makes the capital investment on the equipment and installation. Incentivizing this option is a nearly 30% immediate federal tax credit on the total cost of the purchase. For those without the ability to make this financial investment, another option is a power purchase agreement. The solar company installs, maintains and insures a solar power system, and the customer purchases the electricity from the power company at a lower rate. Either way, “There’s no wrong way to go solar. It’s just whether you have a tax appetite or not. If not, a power purchase agreement is a great solution,” Rosario said.

Like any technology, not all products are created equal. In general, panels are expected to degrade around 1% per year over the course of 25 years. Depending on the quality of the panel, that range may shift. When shopping for a system and a vendor that you can rely on, Hagen recommended looking local and established. “It’s

Luxury home installation

Photos by Leah Nathan

THE DOCTOR IS IN | SOL AR

THE REAL ESTATE JOURNAL

nice to know where your panels are from. It makes a big difference what company you go to,� he said.

Arguably, it also makes sense to go the extra mile and look into a battery system. Increasingly popular and advanced, Lithium Ion batteries are a good investment in a place like Guam where outages can happen any time and, during storm season, can be for extended periods of time. While battery technology and price is admittedly not where it’s expected to be in the next couple of years, “The good thing about investing in batteries is that during and after a blackout, your home will have power for an essential load,� Rosario said.

When asked about the typhoon readiness of a solar roof, a big concern for island customers, Hagen smiled. “We have specifically designed a racking system that holds them on the roof through 200mph wind loads. We had 1,500 panels installed in Saipan. During this past year’s big typhoon, seven of them were hit by flying debris and were damaged. All of them stayed in place.� It seems that with the sun shining above and communities looking to the future, in the Mariana Islands the future of renewable energy is bright. p

Battery storage

13

Solar rooftop, business

Home solar installation

VALID from MARCH 3 - APRIL 30, 2019 or while supplies last.

Solar Ref: 111 Bright White 95% Volume Solids One coat coverage Ponding water PROOF

Mold & Mildew cleaner No more waterblasting, Cleans & keeps it clean 5:1 mix ratio covers up to 2000sf

 ����� ���­�

   ���/

Distributed by Pacific Rainbow Inc.

� �­�/

Phone: 671-646-8050 / 671-647-8042 Fax: 671-646-8055 Email: sales@pri-guam.com

14

VILL AGES | TAMUNING

THE REAL ESTATE JOURNAL

Moving on up T h e village of Tamuning has t ra n s f o r m e d rapidly in the past h a l f - ce n t u r y to become arguably the economic center of Cloud Guam. “It’s the center of the real estate community right now,” said Bianca Cloud, realtor at Infinity Realty.

Steeped in a rich history, Tamuning is a Carolinian word given to the central-western village where Carolinians settled beginning in 1849. Long a major population center of the island, as evidenced by the large number of latte stones and other archeological finds around Tumon Bay, Tamuning still boasts freshwater springs and inshore fishing. During the Spanish conquest of Guam in the late 17th century, it was listed as one of Guam’s major villages. Flash forward to the 1960s, Tamuning soon became Guam’s most ethnically diverse community as Chamorro were joined by statesiders, Filipinos, Hawaiians and Asians who came to Guam with the military, the Civil Service or tourismrelated industries and settled in the new urban center. “A lot of new businesses and restaurants in Tamuning are working hard to elevate their product, which has been good for real estate as well,” Cloud said, helping deepen the community within.

Homeowners, businesses and developers alike are rapidly moving the market forward, while keeping an eye on its diverse historical roots.

“There is a ton of growth happening here, especially with the older buildings that have sat for a long time. People want to pay homage to the old mom and pop buildings by leaving the bones to feel some of the history of those places, and then putting their own spin on it,” Cloud said.

With a lot of new development on-going and in the works, living in Tamuning is a great way to be in the middle of it all, from dining and entertainment, to the health care industry, all with intimate proximity to Guam’s natural beauty.

As Tamuning’s Mayor Louise Rivera said, “We may not be the capital village, but we surely are the heart of the island.” p

TAMUNING POPULATION: 18,000+ SCHOOLS:

Public: 4 • Chief Brodie Memorial Elementary School, Lyndon B. Johnson Elementary School, Tamuning Elementary School, John F. Kennedy High School Private: 1 • Saint Anthony Catholic School

SHOPPING AND RESTAURANTS HIGHLIGHTS:

• Guam Premier Outlets, Cost-U-Less, Applebees Neighborhood Grill and Bar, Chili’s Grill and Bar, King’s, Ruby Tuesday, KFC, Denny’s, McDonald’s, Papa John’s Pizza, Rotten Apple, Meskla DOS, Pay-Less Supermarket, Lonestar Steakhouse, Table 35, Pika’s Café, auto dealerships, Home Depot, Kmart, Pieology, various coffee shops

PROPERTY AVAILABILITY/PRICE RANGE:

• 50 condos for sale, priced $150,000 to $9.95 million • 32 homes for sale, priced $298,000 to $3.5 million • 22 land plots for sale, priced $175,000 to $7 million • 4 commercial buildings for sale, priced $330,000 to $2.5 million • 11 business for sale, priced $12,000 to $3.5 million • 110 condos for rent, priced $675 to $4,900 • 16 homes for rent, priced $1,400 to $6,000 • 73 commercial for rent, priced $578 to $57,000 • 1 land for rent, priced $900

MAYOR: Mayor Louise C. Rivera ATTRACTIONS: Onward Water Park, Matapang Beach Park, San Vicente Fiesta, Regal Cinemas Guam Megaplex 14 Photos courtesy of the Mayor’s Council of Guam

16

NEED TO KNOW | WALL DECOR

THE REAL ESTATE JOURNAL

Custom wedding gift clock, Guam Route

Decorative clocks, Home Depot

Photos by Leah Nathan

Making a look tick “The hours of folly are measured by the clock; but of wisdom, no clock can measure.” — William Blake Clocks have been in homes and offices since their first invention.

Originally used to simply tell time, they have evolved into an often-inexpensive way to enhance decor. From something small and understated, to a dignified

grandfather clock, a well-chosen clock can provide the perfect accent piece for any room.

Adapted and developed over the centuries, despite the challenges the digital age has brought, clocks remain an important feature in interior design. Attributing to their timeless charm, wall clocks truly can fit anywhere in a home if hung with

consideration. “The different ways clocks can be displayed in homes are limitless dependent on the impact you want to achieve,” said Nida Quilenderino, architect at Taniguchi Ruth Makio Architects. “Their form is evident in the wide array of designs available on the market to coordinate with many styles of decor.”

A key draw to the wall clock is its

quiet ability to relay something of significance to the person who hangs it. Ideally somewhat in line with a room’s other design elements, a wall clock may be a fun way to reflect a love for music, a lifetime of travel or other interest the owner has. “For example, if someone is from the islands, they may be drawn to a bamboo clock continued on page 18

18

NEED TO KNOW | WALL DECOR

THE REAL ESTATE JOURNAL

continued on page 16

PUBLISHER Maureen N. Maratita BUSINESS EDITOR Meghan Hickey ASSISTANT EDITOR Jackie Cahill CONTENT COORDINATOR Leah Nathan CREATIVE CONTENT MANAGER Vikki Fong DESIGN & PRODUCTION Conrad Calma Luisa Joy Castro Sean Davis Angelica Eleno MEDIA SALES MANAGER Kevin Iwashita MEDIA SALES Vince Cody Guerrero Toni Taitano ADMINISTRATION Janice Castro Carmelita McClellan Jenalyn Aguon DIRECTOR Ken Duenas MANAGING DIRECTOR Marcos W. Fong

The Real Estate Journal — March 18, 2019. Entire contents copyrighted 2018 by Glimpses of Guam Inc. The Real Estate Journal is published monthly by Glimpses of Guam Inc. 161 US Army Juan C. Fejeran St., Barrigada Heights, Guam 96913. (671) 649-0883; Fax (671) 6498883. POSTMASTER: Send address changes to Marianas Business Journal, P.O. Box 3191, Hagåtña, Guam 96932.

Send e-mail to glimpses@glimpsesofaguam.com. All rights reserved. Subscriptions: 6 months $60; 1 year $120.

Payment must accompany order. No material may be printed in part or in whole without written permission from the publisher. Printed by Guam Daily Post LLC, on Guam. In the Northern Mariana Islands, contact Marianas Business Journal at Glimpses of Saipan Inc., 2nd Floor Transpac Business Center, Middle Road, Gualo Rai, Saipan, MP 96950, or call (670) 235-7645; Fax (670) 234-1801.

Send e-mail to subscriptions@glimpsesofguam.com.

that shows a love for their home,” suggested Lisa Duenas at National Office Supply. On the other side of the spectrum, Duenas said, “A lot of business or shop owners hang them as a way to add style without making a big statement.”

Additionally, clocks can capture a sentimental moment or memory.

“We have a lot of customers looking for custom clocks for wedding presents or going away gifts. They’re a nice way to give someone a personal touch for their home that has memories attached to it,” said Calvin Holloway, owner of Guam Route at Chamorro Village. “It’s also a way to pass on something of meaning from generation to generation. Even if it gives out, you just replace the parts and it keeps going.”

When looking to display your timepiece, Quilenderino suggested beginning with an idea from the Chinese practice of positive home energy flow, or Feng Shui, as a guide.

To start, “The clock size needs to be proportional to room size. As an example, an over-bearing clock in a small room will look awkward and create stressful energy,” she said.

Ideally, the clocks should be at eye level, and larger clocks are well suited especially for kitchens, living rooms and hallways for good flow.

From there, let personal style take over. Generally, choose a wall clock that complements the theme of your room, and it can blend into the design scheme by using the same color palette or become the focal point of the room through color, size, theme and look. A designer clock can add instant glamour and class without the investment that a whole room makeover entails, and a playful piece will surely brighten up any simple space. Rest assured, no matter what direction you take, a wall clock stands the test of time. p

Vintage wall clock

Glimpses Media includes Guam Business Magazine, Marianas Business Journal, MBJ Life, The Real Estate Journal, Beach Road Magazine, Buenas, Drive Guam Magazine and Pocket Deals.

Glimpses of Guam Inc. Mission Statement: To connect people with information.

“Pocketwatch,” National Office Supply

Custom Guam clock, Guam Route Photos by Leah Nathan

GUAMHOME.COM

Mangilao Home | $2,250/mo •3bd/2.5ba •Newly upgraded •New appliances •Move-in ready •Minutes from AAFB ID: 19730

Tamuning Home | $599,000 •Executive design & features •4bd/3ba •Open floor plan •Beautiful condition •Must see!

ID: 19767

Tecio Tumon Villa | $2,200/mo •Ocean view 2 bedroom unit •Great amenities •Walking distance to all that Tumon has to offer!

ID: 184341

Sinajana Land | $255,000 •Beautiful cliff-side lot •2,499+/-sm •Ocean & city views •Lots of privacy •R-2 zoned ID: 184655

Mangilao Home | $600,000 •Brand new •4bd/3ba •Executive features •Spacious •Bonus credit at closing costs ID: 19782

Sunrise Villa Home | $355,000 •4bd/2ba •1,850+/-sf •Great family neighborhood •Well maintained •Mangilao ID: 19896

Inarajan Land | $100,000 •Gorgeous valley & oceans views •Cliff-line lot •1,325+/-sm •A zoned ID: 183484

Tamuning Home | $3,000/mo •4bd/4ba •3,000+/-sf •Extra kitchen •Open concept •Fully fenced & gated •Roof top access ID: 19901

Barrigada Heights Land | $950,000 •Developer & investor alert! •Ocean view •4,923+/-sm •A zoned •Near executive homes ID: 19957

Tumon Bay Residences | $2,205/mo •Walking distance to all that Tumon has to offer •2bd/1ba •Beautiful interior features ID: 19212

Dededo Home | $279,000 •3bd/2.5ba •Well loved •384+/-sf extension •Storage space •Landscaped •Fenced & gated ID: 19700

Agana Oceanview Condo | $225,000 •3bd/2ba •Great starter condo or investment •Very central location •Overlooking Agana Bay ID: 19846

Perezville Home | $600,000 •4bd/2.5ba •Very spacious •Large master suite •Outdoor deck •Generator •Central •Must see!

ID: 19615

Yona Home | $449,500 •3bd/2.5ba •Very spacious! •Maid’s quarter •Huge man cave •Large yard fronting golf course ID: 19894

Nimitz Estates Home | $458,000 •Beautiful •3bd/2.5ba •2,994+/-sf •Additional 1bd unit •Large deck w/ ocean views •Must see!

ID: 19921

WE CAN HELP YOU BUY, SELL OR RENT!

Anthony 688-8198

Julie 687-6900

Christine 682-2412

Dennis 727-3815

Beverly 688-8550

Janet 687-1841

Michael 988-6900

Duane 689-7777

Kimberly 489-5232

Sandy 687-6006

Yumiko 688-7791

W: 671.649.4361 | F: 671.646.0832 | 1700 Army Dr, Ste 101, Dededo, GU

Entire contents, including but not limited to content, design and concept Copyright ©2019 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

Suzanne 482-6426

Ray 685-5070