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Category: Properties

Property24, real estate portal of OLX group, launches in Cebu

Growth in real estate in the Philippines is in the “upscale” category but consumer demand is highest for “affordable” properties, an official of a real estate portal said. This does…

Growth in real estate in the Philippines is in the “upscale” category but consumer demand is highest for “affordable” properties, an official of a real estate portal said.

This does not necessarily indicate a mismatch between supply and demand. Rather, it shows that Filipinos are “upscaling” and want to see “value for their money,” said OLX Operations Director and Head of Real Estate Ferdie Perez.

It also shows the important role played by real estate portals like Property24, Perez said. Property24, which is part of the OLX group, is a website that lists properties for sale or lease.

No mismatch; role of portals

“There is no mismatch. Affordability here means, rather than the absolute peso amount, rather than the absolute price, it is more or less the value for money,” Perez said. “And we see that not only in real estate. It’s also the trend that we see in FMCGx (fast-moving consumer goods, in F&B in hotels and restaurants. The trend now is Filipinos is upscaling. People want to feel the value of their hard-earned money.”

Officials of Property24 and OLX were in Cebu this week to introduce the real estate website to local journalists and bloggers.

The site already has 6,000 Cebu properties listed and they will be expanding aggressively in the province. Perez said this is the most number in terms of listings compared to other web verticals.

Property24 Cebu

PROPERTY24. OLX Operations Director and Head of Real Estate Ferdie Perez introduces Property24 in a press conference in Cebu City. The property portal is part of the OLX group.

Cebu real estate sector

He said they want to expand in Cebu because “there are a lot of local developers here.”

Perez said their data shows that the real estate sector in Cebu is distinguished by 1) strong growth in BPO, tourism, and remittances; 2) increased demand for condos; and 3) popularity of townhouses and duplex units outside Metro Cebu.

The top considerations for Cebuano property buyers, according to Perez, are presence of nearby shops (74%); accessibility (44%); kids infrastructure (40%); safety (39%); and public services (36%).

The top cities in property searches are Cebu City at 47%; Mandaue City, 17%; Lapu-Lapu City, 12%; Talisay City, 7%; and Consolacion, 5%.

Unlike other portals, Property24 is meant for professional sellers such as brokers and agents, Perez said. The website verifies the identity of sellers before they are allowed to post. For brokers, they require Professional Regulation Commission or PRC IDs; for agents, they require proof of identity and the name of their brokers.

Perez said Property24 also performs regular audit and review of listings to make sure these are legitimate.

Property24 works on a subscription model and those who want to post pay a fee based on different packages. Perez said the fee is minimal compared to potential earnings by brokers and agents if they make a sale on the platform.

OLX, Property24 Cebu

COMBINED PLATFORM. The combined OLX and Property24 platforms generate 300,000 in sales leads monthly, an official said. In the photo are (from left) Mix Martinez, Category Manager for Real Estate; Hazel Juson, Cebu Head of Sales Real Estate, OLX Philippines; Ferdie Perez, Head of Real Estate, OLX Philippines; Charisse Vilchez, PR Lead, OLX Philippines; and Timmy Deal Agua, Brand Marketing Officer, OLX Philippines.

Monthly traffic, sales leads

He said the combined monthly traffic of OLX and Property 24 is 2 million people. The combined platforms generate 300,000 leads every month. These are inquiries via email, SMS, and chat, said Perez.

“When combined, both platforms give sellers a rise in web traffic and increase in potential buyers, delivering better value for subscription fees. Buyers are equally rewarded with more property options, higher seller engagement, and more pages viewed,” the company said in a press statement.

Perez said Property24 also offers the “win-win exchanges” pioneered by OLX.

He said 75 percent of real estate professionals already use online tools to sell property and supporting this with face-to-face and on-site selling. He said online tools lead to faster turn-around and more sales. Offline, agents sell 2 to 3 units a month. Online, they are able to sell an average of 7 to 8 units.

Property sellers, buyers win

Perez said Filipino users are already starting to be comfortable with buying items online. Almost half are already looking for properties online, he said.

With the Property24 platform, “buyers win because they are able to find the perfect property they are looking for their families. Sellers win because they sell more, and they sell faster. Ultimately the country wins because the economy grows faster, real estate grows faster,” Perez said.

Property24 Cebu.

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Paramount highlights green living, smart homes in Wellington Greens residential project

Green and smart. That is how Cebu´s residential developer Paramount Property Ventures, Inc. envisions its up and coming residential community Wellington Greens in the hills of Compostela, Cebu. The property…

Green and smart. That is how Cebu´s residential developer Paramount Property Ventures, Inc. envisions its up and coming residential community Wellington Greens in the hills of Compostela, Cebu.

The property is nestled in a quiet neighborhood of the town, amid towering trees and lush greens.

“Imagine having a home in such beautiful place. You’re not too far from the busy city yet you come home to a peaceful abode. In this new project, we say that you can breathe and live green,” Arli Arenas-Vergara, PPVI Vice President for International Operations, said during the media launch of Wellington Greens last October 17, 2017.

Wellington Greens

WELLINGTON GREENS. PPVI Senior Vice President Emmanuel Victor Estrella says the community is also designed to be an intelligent one: the units will be built as smart homes with a modern security system and provision for the use of solar panels to answer daytime electric consumption.

Zen-inspired ‘smart’ homes

Wellington Greens, which spans about 10-12 hectares, will feature six Zen-inspired house models and amenities that are designed to encourage outdoor bonding activities for families.

A landscaped gateway with guardhouse will lead to an activity pavilion, swimming pool with sun deck, dual play court, playground for kids, jogging trail and meditation garden.

PPVI Senior Vice President Emmanuel Victor Estrella said the community is also designed to be an intelligent one: the units will be built as smart homes with a modern security system and provision for the use of solar panels to answer daytime electric consumption.

“We have an automatic entrance gate also equipped with security cameras and there’s wifi connection in the amenities area,” said Estrella. Wellington Greens is the newest project of PPVI in the northern part of Cebu and the first out of a partnership between its mother corporation Cañedo Equity Ventures Inc. (CEV) and the Norkis Group of Companies.

Middle class target

Positioned for the mid-market bracket, Wellington Greens homes cost from P2.1 – P6 million but with more units priced in the P3 million range.

“Our target is the growing middle class in Cebu. We continue to expand in this market for the next five to 10 years,” said Rey Maribao, CEV Vice President for Strategic Corporate Planning and Business Development.

He added that the CEV-Norkis partnership “is in line with the strategy to provide solutions for the housing backlog catering to the rising middle class from OFW (Overseas Filipino Workers) remittances and BPO workers.”

Wellington Greens

LUSH GREENS. Arli Arenas-Vergara, PPVI Vice President for International Operations, said that with Wellington Greens, “you’re not too far from the busy city yet you come home to a peaceful abode.”

Green living

Green living is not a new concept for PPVI, but it takes the advocacy to a new level with Wellington Greens.

“People these days are getting busy with work. They travel and go somewhere else to relax. But when they return from vacation, reality strikes — you go back to work and earn the stress again. And so we thought of a community where homeowners can enjoy a nature escape everyday. This is the concept of The Wellington Greens. It can be your weekend home. A Sunday home where you can relax but what if everyday is a Sunday? That’s how we envisioned this project,” Arenas-Vergara said.

Estrella added that Compostela Mayor Joel Quiño also embraces the concept of Wellington Greens.

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Real estate firm CEV ties up with Norkis for property projects

Two strong homegrown companies forged ties recently to undertake real estate developments in Cebu. The Cañedo Equity Ventures, Inc. (CEV) and the Norkis Group of Companies officially sealed their partnership…

Two strong homegrown companies forged ties recently to undertake real estate developments in Cebu.

The Cañedo Equity Ventures, Inc. (CEV) and the Norkis Group of Companies officially sealed their partnership only last August, and two big projects are already in the works.

These include a 10-hectare residential community targeted at the middle market bracket and a six-hectare memorial park in the northern town of Compostela, company executives said in a recent press conference.

CEV, Norkis partnership

CEV chair Filomena Cañedo and Norkis chair Dr. Norberto Quisumbing, the two pillars of the conglomerates, affixed their signatures to the partnership during a separate and much earlier signing ceremony held at the Cebu City Sports Club.

The collaboration is in line with CEV´s mission to address the housing backlog, catering in particular to the rising middle class made up of overseas Filipino workers (OFWs) and BPO employees and their families.

“Compostela used to be a small and quiet town. Then the Cañedos came with all their ideas and development projects,” Quisumbing was quoted as saying in a press statement released by CEV. He also reportedly expressed high confidence in the venture.

Cañedo Equity Ventures, Inc. Norkis Group

PARTNERSHIP. Cañedo Equity Ventures, Inc. chair Filomena Cañedo and Norkis Group of Companies chair Dr. Norberto Quisumbing seal the partnership between the two companies in the presence of company officials.

Compostela property developments

Land development for the residential community in Compostela will take around two years, said Rey Maribao, CEV VP Strategic Corporate Planning and Business Development, during a talk with journalists.

The project is first in line for the Philippine Paramount Property Ventures, Inc. (PPPVI) and Norkis partnership. It is scheduled to be launched by the last quarter of 2017.

Norkis, a motorcycle manufacturer and distributor with land properties throughout the country, will benefit from horizontal, vertical, and mixed use development projects through CEV´s real estate arm PPPVI.

Compostela is the best place for PPPVI to expand, according to Maribao, citing indicators showing that the third-class municipality is working to become a high growth area in Metro Cebu and a booming population growing at a yearly average of 2.27 percent.

More progressive town

Norkis will likewise partner with CEV’s memorial parks development company, Celestial Meadows and Developers Corporation.

Quisumbing said people will very soon see a progressive Compostela. Cañedo, for her part, thanked Norkis for partnering with CEV.

“We are very honored to partner with the reliable Norkis Group. We are one with you in transforming Compostela into a better community. We look forward to working with you in developing Compostela and other parts of Cebu,” she said in the same press statement.

CEV is a conglomerate in Minglanilla that oversees eight companies performing highly in the fields of real estate, parks and memorial, construction, food, training, and education.

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Grand Land Inc. sees potential in serviced apartments

Cebu developer Grand Land Inc. topped off Grand Residences Cebu North Tower A last Thursday, August 17. Following this milestone, Grand Land’s VP for Sales and Marketing Tina Pestaño revealed…

Cebu developer Grand Land Inc. topped off Grand Residences Cebu North Tower A last Thursday, August 17.

Following this milestone, Grand Land’s VP for Sales and Marketing Tina Pestaño revealed that the North Tower B will be offering serviced apartments.

“There will be serviced apartments to be operated by Dusit D2. That’s 163 units in North Tower B for the serviced apartments. It’s a fully furnished unit and equipped with kitchen, dining, laundry service,” said Pestaño.

More units for North towers

Grand Residences Cebu is a five-tower project in Banilad, Kasambagan, Cebu City. Unit owners are starting to occupy the first two (East) towers. The new towers will have more floors than the East towers.

The North towers are up to the 35th floor. There will be about 700 units per tower for the North towers. Target completion for North Tower A is first quarter of 2018. In North Tower B, the 24th to 34th floors or a total of 10 floors are set aside for the serviced apartments.

Like the East towers, the North towers offer studio units and one-bedroom units. The prices in the new towers start at P3 million for the regular units while those intended for serviced apartments are priced higher.

Grand Residences Cebu

TOPPED OFF. The North Tower A of Grand Residences Cebu that was topped off at 35th floor last Thursday.

Good investment

Pestaño described the serviced apartments as a premium type of condo ownership.

“Serviced apartment is meant for investment,” she said. “(Unit owners) in our service apartment program can get 8 to 11% potential ROI per annum.”

Pestaño added: “It (serviced apartments) will be managed by an international hospitality group and marketed worldwide.”

Grand Land Inc. partnered with Dusit D2 to manage the serviced apartment units. Dusit D2 is the contemporary hotel brand of Dusit International.

The units for serviced apartment are double the normal size of a studio unit, hence higher in price. Rate starts at P8 million.

Pestaño said the service apartments will have a separate lobby and a separate elevator.

Grand Land Inc.

PRESS CON. Officials of Grand Land Inc. face Cebu media in a press conference held during the topping off of Grand Residences Cebu. From L-R: Sales Director Divine Cavan, VP for Sales and Marketing Tina Pestaño, and Chief Finance Officer Larry Tan.

Guests at Grand Residences’ serviced apartments could expect a personalized experience, spacious living, and value for money that’s comparable to living in a home. It’s like living in an apartment that has a 24/7 concierge.

Pestaño said that serviced apartment is more long term than condotel. “Minimum stay for serviced apartment is one week. You could book a stay for a month, six months or a year. With condotel, the stay is per night.”

Hotel occupancy growth

With Cebu being positioned as an international destination, Pestaño said they see growth in hotel occupancy.

“The expansion of the airport (Mactan-Cebu International Airport) signifies Cebu is positioned as an international destination. There will be about 12.5 million influx of tourists and Cebu lacks hotel rooms,” said Pestaño.

The serviced apartments of Grand Residences will then be able to cater to guests staying in Cebu for a longer term. It is targeted to open by 2022.

Grand Residences Cebu sits on a 3.2 hectare property. Of this, 1 hectare will be converted to a commercial complex. “Our concept is live, work, and play,” said Pestaño.

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Filipino Homes opens new office in Mandaue City

Real estate portal Filipino Homes tied up with Skyscraper Realty to put up its eighth in Cebu and 22nd office nationwide at JCentre Mall in Mandaue City. Anthony Leuterio, president…

Real estate portal Filipino Homes tied up with Skyscraper Realty to put up its eighth in Cebu and 22nd office nationwide at JCentre Mall in Mandaue City.

Anthony Leuterio, president and CEO of multi-awarded Leuterio Realty and Brokerage, said Filipino Homes is a one-stop-shop for real estate buyers and sellers.

Although it already provides an extensive online network, Filipino Homes complements this with actual offices where prospective clients can visit and get advice from real estate agents, look at listings, or report problems.

Filipino Homes Mandaue

MANDAUE OFFICE. Skyscraper president and CEO Gaylord Tingzon (left) and Leuterio Realty and Brokerage president and CEO Anthony Leuterio during the opening the Filipino Homes office at JCentre Mall in Mandaue City.

Property portal

“Our goal is to create the biggest property portal, through our website and also in specific places where they can meet with agents and get good advice,” he added.

Skyscraper Realty decided to open a Filipino Homes in Mandaue because it is next to Cebu City in terms of economic development.

“There’s really a lot of activities happening in Mandaue City,” said Skyscraper president and CEO Gaylord Tingzon, citing the 20-hectare joint venture Mandani Bay project by Hongkong Land and Taft Properties and the Gatewalk Central partnership between AboitizLand and Ayala Land.

Leuterio-Skyscraper partnership

The partnership with Filipino Homes allows Skyscraper Realty access to a full listing of properties nationwide.

“The good thing about Filipino Homes is that we can sell properties nationwide because of our more than 20 branches throughout the country. We have more than 50,000 agents helping each other close a sale and assist clients. Even if you’re in Cebu and you have clients in Davao, someone from Filipino Homes Davao will assist them,” he added.

Real estate brokers accredited by Leuterio with 30 to 50 sales agents under them can use the Filipino Homes trademark when they open an office.

Leuterio said he calls them franchise partners and they can use the Filipino Homes logo and network.

Filipino Homes Mandaue

PHYSICAL OFFICE. Although it already provides an extensive online network, Filipino Homes complements this with actual offices where prospective clients can visit and get advice from real estate agents, look at listings, or report problems.

Filipino Homes Mandaue

Filipino Homes Mandaue is also looking for more real estate sales agents.

Tingzon said they already have more than 50 sellers, 20 of which are active, but the plan is to increase the number to 100 sales agents.

He added that they want to build a big team because there are a lot of projects in Mandaue, citing JCentre Mall’s 40-storey tower project, mix-use project of Cebu Landmasters near Oakridge Business Park, walk-up condo in AS Fortuna St. by Primary Homes, and the bestselling Midpoint Residences towers.

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Primary Homes introduces Royal Palms Tres in Panglao, Bohol

Noting the high demand for quality homes in Bohol, premier property developer Primary Homes, Inc. (PHI) rolled out its newest housing development Royal Palms Tres in Dauis, Panglao last April…

Noting the high demand for quality homes in Bohol, premier property developer Primary Homes, Inc. (PHI) rolled out its newest housing development Royal Palms Tres in Dauis, Panglao last April 27.

Ramero Espina, PHI vice president for sales and marketing, said the response to Royal Palms Uno and Royal Palms Dos was very good, adding that housing units in both developments were already sold out.

Royal Palms Tres Bohol

UNVEILING IN BOHOL. Primary Homes officials led by President Stephen Charles Liu unveil the model units of Royal Palms Tres in Pangalo, Bohol. Primary Homes officials led by President Stephen Charles Liu unveil the model units of Royal Palms Tres in Pangalo, Bohol.

Located in Barangay San Isidro, PPI’s newest residential project is just 15 minutes away from the city center of Tagbilaran. Since it is right on the island of Panglao, it has easy access to world-class beaches, malls, churches, hospitals, and the new airport that is set to open soon.

Espina is confident Royal Palms Tres will do well in sales. For this project, PPI targets growing families, business start-up owners, and even investors.

Primary Homes Royal Palms Tres Bohol

ROYAL PALMS TRES. Bohol Governor Edgar Chatto (2nd from left) talks to Primary Homes President Stephen Charles Liu after checking out one of the model units in Royal Palms Tres in Panglao Island.

Mediterranean architecture

During the launch, PPI executives unveiled the available house models in the development.

These are Mediterranean-inspired homes with Spanish-style tiled canopies. Floor areas range from the 45-square meter Hidalgo Royale to the six-bedroom Hermoso Grande that spans 194 square meters. Potential buyers may already check out the model units at the Royal Palms Tres site.

Royal Palms Tres Bohol

PALACIOS GRANDE. A model unit in Royal Palms Tres in Panglao, Bohol.

The Royal Palms Tres received the Highly Commended Best Housing Development in the Philippines award from the Philippine Property Awards (PPA) in 2016.

At 5.3 hectares, the Royal Palms Tres combines the land area of Uno and Dos. It will be made up of around 200 units.

Resort-inspired amenities

The residential project will have resort-inspired amenities, including a clubhouse, swimming pool, fitness gym, and a mini-playground.

Primary Homes said in a statement that Royal Palms Tres is the epitome of world-class resort living at an affordable price. With the development’s perimeter fences and elegant entrance that is secured 24 hours daily, the security of homeowners is assured.

Primary Homes Bohol

BOHOL SALES OFFICE. (From left) Primary Group of Builders Chairman William Christopher Liu, Jr., Primary Homes Inc. (PHI) VP Sales and Marketing Ramero Espina, PHI President Stephen Charles Liu, Board Director and HRD President Paulette Liu, and Board Director Lillian Liu lead the opening of the PHI sales office on the 2nd floor of Island City Mall in Tagbilaran City.

It added that the development is, no doubt, one of the country’s ideal living destinations and best investment opportunities for real estate.

Espina said they also plan to launch Richwood Homes, still in Panglao, within this year. It is intended for Bohol workers and will be sold at affordable prices. The 4-hectare development will feature 300 to 400 homes.

 

Royal Palms Tres launching

 

Primary Homes contact details

Interested in a site visit? Call PHI at (032) 254-7188 or 266-0843. You may also visit its website at www.primaryhomes.com or follow PHI on Facebook at Primary Homes Inc.

PHI has also opened its new sales office at the second floor of Island City Mall in Tagbilaran City.

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AboitizLand unveils Foressa Mountain Town project in Balamban

The so-called “urban jungle” life that Cebuanos are experiencing today gave birth to the concept of Foressa, the first mountain town project of AboitizLand in Cansomoroy, Balamban, Cebu. “The mother’s…

The so-called “urban jungle” life that Cebuanos are experiencing today gave birth to the concept of Foressa, the first mountain town project of AboitizLand in Cansomoroy, Balamban, Cebu.

“The mother’s womb is our first home. We grow up and discovered the outdoors. Then everything suddenly became tighter and most of us are trapped in cubicles, stuck in traffic. We all yearn to escape. And so why settle for a five-star living when you can have five million stars living? This project is beyond words,” said John Amon, VP for Innovations Group of AboitizLand, when he shared the Foressa story during its launch in Marco Polo Plaza Cebu on April 27.

Foressa Launch

FORESSA LAUNCH. AboitizLand VP for Innovations Group John Amon presents the Foressa story during its launch at Marco Polo Plaza last April 27, 2017.

Foressa Mountain Town is a 300-hectare community. Its development will come in four phases, with the first phase set to start in the last quarter of this year. There will be an initial 114 lots available for buyers with lot cuts ranging from 300 square meters to a maximum of 690 square meters and turnover target is 2020.

Second home

AboitizLand CEO Andoni Aboitiz said Foressa was designed as a second home or vacation residence where families can create lasting memories together.

He added they do not want to compete with the beach concept and instead felt that the Cebuanos are ready for the mountain concept.

Asked for some indicators that Cebuanos are ready to get a second home, Aboitiz cited the demand for condominiums that has been going strong for many years.

“A lot of people, we believe, have already fulfilled their primary residence. Cebu’s economy is also very strong especially with the new airport. There are a lot of beachfront and we felt the people need something else,” he said.

Foressa aims to bring the great outdoors closer to family homes. The community will offer activities like hiking, biking, spelunking, camping, and trail riding, among others.

AboitizLand Foressa Mountain Town.

TRANSFORMED. The Grand Balcony of Marco Polo Plaza was turned into great outdoors during the launch of AboitizLand’s Foressa Mountain Town.

Biggest project

Cebu’s homegrown real estate developer AboitizLand is geared towards national expansion with its first resort residential community in Luzon, the Seafront Residences located in San Juan, Batangas that ws launched also this year.

Aboitiz, however, said they will never forget Cebu. Foressa is the biggest project of AboitizLand to date.

“This (Foressa) is a multi-year project,” he said. Aside from building houses, Foressa will have commercial spaces, too.

Low-impact development

Foressa is a low-impact development. “We will follow natural contours. All will be natural, organic and nothing artificial. Even the house designs are colonial hilltop houses,” said Amon.

This was echoed by Aboitiz as he described Foressa as the first of its kind in Cebu for it ensures the property’s natural assets are preserved and left for future generations to enjoy.

Foressa Mountain Town Launch

LAUNCHING. (From left) AboitizLand’s VP for Innovations Group John Amon, CEO Andoni Aboitiz, and President and COO Patrick Reyes. The photo was taken during the launch of Foressa Mountain Town in Marco Polo Plaza last April 27, 2017.

Nature itself is the amenity in Foressa. “Imagine enjoying the grass, sky, a lot of open spaces for camping,” Amon said.

He ended his Foressa story during the launch with these beautiful words. “In Foressa, we say…Lose your worries to the stars, find yourself in Foressa. Lose your boredom to the trails, find yourself in Foressa. Lose your fears to the woods, find yourself in Foressa. Get lost in your own backyard, find yourself in Foressa.”

At Thursday’s launch, some Cebuanos made reservations and heeded the invitation to find themselves in Foressa.

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24-storey Latitude Corporate Center to rise at Cebu Business Park

Cebu Landmasters will add to Cebu’s office space with the construction of the Latitude Corporate Center that’s scheduled for completion in 2019 at the Cebu Business Park. Launched recently in…

Cebu Landmasters will add to Cebu’s office space with the construction of the Latitude Corporate Center that’s scheduled for completion in 2019 at the Cebu Business Park.

Launched recently in partnership with the Borromeo Bros. Estates, the 24-storey tower will provide total gross area of 35,000 square meters for three types of offices: executive, enterprise, and business process outsourcing (BPO).

Latitude, which will rise across Ayala Center Cebu on the Mindanao Avenue side, is poised to become the highest office building within Cebu Business Park. It was launched on November 21, 2016 in an exclusive event attended by businessmen, top brokers, and prospective investors.

Latitude Corporate Center launch

LAUNCHING. (From left) Cebu Landmasters COO Franco Soberano and CEO Jose Soberano III and Borromeo Bros. Estate, Inc. officials Bernadette Gallego and Jonel Borromeo talk about the Latitude Corporate Center during a press conference to announce the project. (Photo by USJ-R Intern Cybelle Kyrie Dela Rosa)

Green building

Franco Soberano, Cebu Landmasters Inc. chief operations officer, said the building will have a “green heart” and incorporate such eco-friendly features as stub-outs for fresh air provision, rainwater collection system, LED lighting, materials recovery facility, 60 percent glass ratio for natural lighting, and 20 percent of green space.

A short briefer on the project said it will have a big tree sanctuary in the grand entrance plaza located at the ground floor level, a sky lounge at the 14th floor, and a garden deck at 17th floor.

It’s green design is registered with the Building for Eco-friendly Responsive Design Excellence or BERDE system, which is a Philippine revision of LEED or Leadership in Energy & Environmental Design.

LATITUDE CORPORATE CENTER. Cebu Landmasters and Borromeo Bros. Estate, Inc. officials during the launch of the Latitude Corporate Center. (Photo by USJ-R Intern Cybelle Kyrie Dela Rosa)

LATITUDE CORPORATE CENTER. Cebu Landmasters and Borromeo Bros. Estate, Inc. officials during the launch of the Latitude Corporate Center. (Photo by USJ-R Intern Cybelle Kyrie Dela Rosa)

Office types

The Latitude Corporate Center will offer office spaces for BPO (large), Enterprise (medium), and Executive, with unit areas ranging from 51 to 2,000 square meters.

It draws inspiration from another Cebu Landmasters project, Park Centrale at Cebu IT Park, which is pioneering winner of the Best Commercial Development (Cebu) in the Philippine Property Awards 2014 that later garnered the Highly Commended Best Commercial Development Philippines at the Southeast Asia Property Awards held in Singapore.

Latitude Corporate Center

HIGHEST. Latitude, which will rise across Ayala Center Cebu on the Mindanao Avenue side, is poised to become the highest office building within Cebu Business Park. (Photo by USJ-R Intern Cybelle Kyrie Dela Rosa)

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AppleOne launches Sheraton-branded residential project The Residences in Mactan

Luxury hotel chain Sheraton brings to Cebu its first branded residential development in Southeast Asia called The Residences in partnership with the Cebuano company AppleOne Mactan, Inc. The two companies…

Luxury hotel chain Sheraton brings to Cebu its first branded residential development in Southeast Asia called The Residences in partnership with the Cebuano company AppleOne Mactan, Inc.

The two companies launched The Residences, a 22-storey tower that will rise within the site of the Sheraton Cebu Mactan Resort by 2020, last Friday, October 7, 2016.

Alexandra Yao, Starwood Hotels and Resorts head for branded residential development in Asia Pacific, said The Residences will have 190 residential units, 154 of which will be one- to three- bedroom apartments while 36 will be courtyard pool residences.

The Residences in Sheraton Cebu Mactan Resort

COURTYARD. The Residences in Sheraton Cebu Mactan Resort will have this scenic courtyard. The project is a first branded residential development in Southeast Asia by luxury hotel chain Sheraton.

She added that The Residences is scheduled for completion and turnover to unit owners by 2020 or around a year after the Sheraton Cebu resort is set to be finished.

Sheraton, Starwood’s biggest brand, has 13 branded residences, seven of which are in Asia Pacific. The Residences in Punta Engaño in Lapu-Lapu City in the island of Mactan will be the first in Southeast Asia, according to Yao.

Sheraton Cebu Mactan Resort The Residences

PREVIEW. Cyndy Tan Jarabata, president of Tajara Leisure and Hospitality Group – AppleOne Mactan’s exclusive marketing partner, discusses amenities and features of The Residences during a media preview.

The Residences facilities

Ray Go Manigsaca, AppleOne Properties, Inc. president, said in a statement that there is no better time for this project than now, with people looking for homes that offer a luxurious resort lifestyle where they can enjoy “staycations” all year round.

Yao said The Residences residents will have access to a host of exclusive hotel facilities and enjoy such basic services as security, concierge, doorman but can also pick from a host of paid services, including valet, housekeeping, and laundry.

Sheraton Cebu Mactan Resort The Residences

STAYCATIONS. This photo shows the bedroom of the 2-bedroom unit of The Residences. Ray Go Manigsaca, AppleOne Properties, Inc. president, said people are looking for homes that offer a luxurious resort lifestyle where they can enjoy “staycations” all year round.

At the same time, they will also be able to take advantage of Sheraton Cebu Mactan Resort facilities, including spa, gym, swimming pool, dining establishments, and lobby lounge.

A short briefer on the project stated that the 22-storey main tower of The Residences will feature a spacious, open-air lobby and only have a maximum of six units per wing. All units will either have unobstructed vistas of the ocean or the courtyard lagoon pools through large panoramic windows. Courtyard residences will come with a private swimming pool.

The Residences Sheraton Cebu Mactan Resort

ONE-BEDROOM UNIT. This photo shows the 1-bedroom unit of The Residences that will rise inside the Sheraton Cebu Mactan Resort.

Sheraton Cebu Mactan Resort living

The differentiating factor for The Residences units will be the show kitchen, said Cyndy Tan Jarabata, president of Tajara Leisure and Hospitality Group – AppleOne Mactan’s exclusive marketing partner, during a tour of some model units.

She said residential condo units are furnished and come with a sleek and modern kitchen with paneled refrigerator and freezer, range and oven, and other basic appliances.

The Residences Sheraton Cebu Mactan Resort

LAUNCH. Johnny Litton emcees the launch of The Residences in Cebu.

She showed a sample of the walk-in closet in the one-bedroom apartment and frosted glass bathroom in the master’s bedroom of the two-bedroom unit.

The one bedroom unit, which measures 68 square meters, costs around P10-12 million while the two-bedroom, with floor areas starting from 148 square meters, is priced upward of P20 million.

Sheraton Cebu Mactan Resort The Residences

STARWOOD. Alexandra Yao, Starwood Hotels and Resorts head for branded residential development in Asia Pacific, discusses the development during the media preview.

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Megaworld makes RFO units available at Mactan Newtown

To cater to a growing segment of buyers, property giant Megaworld rolled out its ready-for-occupancy (RFO) inventory at 8 Newtown Boulevard in The Mactan Newtown in Lapu-Lapu City. Megaworld saw…

To cater to a growing segment of buyers, property giant Megaworld rolled out its ready-for-occupancy (RFO) inventory at 8 Newtown Boulevard in The Mactan Newtown in Lapu-Lapu City.

Megaworld saw the RFO business as one direction in the property development industry and, in response, created a group to cater to a percentage of clients that prefer ready units, said Megaworld head of public relations and communications Harold Geronimo.

Prime RFO is the first ever group created by a property developer to cater to a buying segment that comes with comprehensive after-sales services, he added. Buyers under this category get free interior design and leasing and resale services, said Donna V. Racho, Prime RFO vice president for sales and marketing.

RFO business rollout

Geronimo and Racho were in Cebu last week to announce the rollout of RFO units at the four 18-storey residential towers of 8 Newtown Boulevard in Megaworld’s township project Mactan Newtown.

According to Racho, there will be a total of 35 to 40 selected studio and one-bedroom ready units made available under the RFO scheme in the Cebu development.

Megaworld RFO units

AFTER-SALES SERVICE. Prime RFO vice president for sales and marketing Donna V. Racho and head of public relations and communications Harold Geronimo discuss the ready-for-occupancy options in 8 Newtown Boulevard in The Mactan Newtown in Lapu-Lapu City and its other properties. Prime RFO is the first ever group created by a property developer to cater to a buying segment that comes with comprehensive after-sales services, Geronimo said.

She added that buyers need only to pay 10 percent of the property cost and comply with some documentary requirements so they can take possession of the unit.

A unit already comes with the basic necessities like a bed, sofa, dining table, and some appliances so it is already livable. Guests, though, can make use of the free interior design services to achieve a certain look or feel for their condo units.

Leasing, resale services

Geronimo said that since the island of Mactan is a resort area, there is a high potential for units to be leased out especially during peak travel months or the holding of big events.

Buyers who acquire a unit for this purpose can avail of the leasing and resale services offered by Megaworld’s Prime RFO. Racho added that they can find clients for those who wish to lease out and buyers who want to sell their property down the line.

Megaworld’s after-sales team “reinforces Megaworld’s vision to provide unparalleled services to its clients.”

“Megaworld’s Prime RFO wants to create a long-lasting after-sales services to our most valued clients in Cebu. We want them to remember Megaworld. And the next time they want to invest in a property, Megaworld will be at the top of their minds,” explained Racho.

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Tambuli Seaside Living completes two condo towers, starts third one

With two towers of the residential resort community Tambuli Seaside Living almost completed, property developer Tytans Properties Development, Inc. is on its way to building the third condominium building in…

With two towers of the residential resort community Tambuli Seaside Living almost completed, property developer Tytans Properties Development, Inc. is on its way to building the third condominium building in the 11-hectare property.

Tytans Properties president Gerard Tan and chairman Montano Ty led the recent topping off of Towers A and B and groundbreaking for Tower C of the multi-billion project.

Tan said they plan to turn over units in Towers A and B to homeowners by batch, starting in the next few months and fully handing over the total 256 units by the second quarter of 2017.

The company will be constructing 11 towers in two phases, amenities that will include a huge 7,000-square meter clubhouse and a winding lagoon pool spanning 2,000 square meters, as well as a commercial strip by the seaside that will host restaurants and some shops, added Ty.

Tower C Tambuli Seaside Living

Tytans Properties president Gerard Tan leads the groundbreaking of Tower C of Tambuli Seaside Living.

Condotel program

According to Tan, Tytans Properties decided to introduce the condotel concept for Tambuli Seaside Living after a survey of homeowners showed that 80 percent were interested in leasing out their units.

Majority or about 75 to 80 percent of unit buyers are locals but they are mostly Filipinos working in Hong Kong, Singapore, Japan and other countries.

Many of those interested in the condotel program are those who are not in the country and bought units mainly for investment purposes, added Tan. The concept makes sense in Mactan where the occupancy rate is very high all year round.

He said Phase 1 of Tambuli Seaside Living involves six towers and a total of 1,200 units and the target is to have 70 percent or more allocated for long-term leasing. All units in Towers A and B are sold out while 93 percent in Tower C, 88 percent in Tower D, and 70 percent in Tower F have been sold off.

BREAKING GROUND. (From left) Engr. Panfilo Martin, Jr., senior project director; Hazel Tan, director, Tytans Properties & Dev., Inc; Gerard Tan, president, Tytans Properties & Dev., Inc; Montano Ty, chairman, Tytans Properties & Dev., Inc; Grace Ty, director, Tytans Properties & Dev., Inc.; Engr. Ramonsito Uy, GM, Vineyard Construction; and Arch. Oliver Po, Tytans Senior Procurement Director.

BREAKING GROUND. (From left) Engr. Panfilo Martin, Jr., senior project director; Hazel Tan, director, Tytans Properties & Dev., Inc; Gerard Tan, president, Tytans Properties & Dev., Inc; Montano Ty, chairman, Tytans Properties & Dev., Inc; Grace Ty, director, Tytans Properties & Dev., Inc.; Engr. Ramonsito Uy, GM, Vineyard Construction; and Arch. Oliver Po, Tytans Senior Procurement Director.

Tambuli Seaside Living resort theme

Ty said the main requirement for the resort-themed project, which was launched in 2014, was for the 1,000 plus trees within the area to be left alone.

To make this possible, the development had to be designed in such a way that the structures will make way for the 30 to 40 species variety inside the property, according to project architect Alex Medalla.

This is why the clubhouse will have some trees inside and the lagoon pool go around a cluster or two.

Tytans Properties will be promoting the sixth tower in Phase 1 from August 13-14, 2016. The second phase of Tambuli Seaside Living will involve five towers.

Tambuli Seaside Living

RESORT VIEW. The Project Management Team of Tytans Properties & Dev., Inc. at the roof top of tower B. Check out the view that every unit owner can enjoy from their own balcony.

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Vibo Place on Escario St. presents new lifestyle hub, Axis Entertainment Avenue

With its cluster of six buildings designed like the ocean wave, wide open spaces, integrated gardens and spacious walkways, the Axis Entertainment Avenue at Vibo Place on Escario St. in…

With its cluster of six buildings designed like the ocean wave, wide open spaces, integrated gardens and spacious walkways, the Axis Entertainment Avenue at Vibo Place on Escario St. in Cebu City wants to provide a different lifestyle destination to locals and tourists.

“Axis is the entertainment and dining hub, and newest development of Vibo Place. We decided that Cebu needs something very different so we came up with this concept of a strip mall,” said Vibo marketing and leasing head Allen Andre B. Suarez.

Vibo Place Cebu Grand Hotel

VIBO PLACE on Escario St. is a recent rebranding of what used to be called the Cebu Capitol Commercial Complex Corp., which hosts the Borromeo family-owned Cebu Grand Hotel, The Apartelle, and CAIAA Center.

Drive-through Starbucks

He added that they currently have seven restaurants, including the first drive-through and biggest Starbucks outside of Luzon, Pigafetta, Suzukaze, Señor Kimchi, Ila Puti, Birdseed and Burger King.

According to Suarez, three more brands, all restaurants, will put branches at Axis Entertainment Avenue, after which the place can accommodate four more establishments.

Axis is located at the two-hectare development established by the Borromeos, a Cebuano family, along Escario St. in the 1970’s. Vibo Place is a recent rebranding of what used to be called the Cebu Capitol Commercial Complex Corp., which also hosts the family-owned Cebu Grand Hotel, The Apartelle, and CAIAA Center.

Vibo Place launching

LAUNCHING. (From left) Vibo marketing and leasing head Allen Andre B. Suarez, Carlo Anton Suarez, president Gerardo V. Borromeo, hotel president Camille B. Suarez, and Ian Martin Borromeo.

Vibo Place masterplan

A masterplan, to be implemented in phases, is being followed for Vibo Place, said its president Gerardo V. Borromeo. He explained that it took them a long time to introduce any new development because his father was a conservative businessman who believed in being sure of a venture before starting it.

He added that the rebranding to Vibo Place and addition of Axis happened after Borromeo took over the business and upon the clamor of the younger third generation. According to him, Vibo is an amalgam of the first letters of the last names of his parents, Villacarlos and Borromeo, that also means “fun” or “lively” in Cebuano.

“What sets us apart is we’re an integrated community. We have a church just across, a hotel, serviced apartments, and restaurants,” Borromeo said.

A bigger expansion is set for next year when Vibo Place will start building the first of three high-rise buildings in the property. The three-building cluster will be a mix of residential, office, and commercial. To complete the community, the buildings will be connected by a podium that will host retail brands and a supermarket following the wishes of his father.

Vibo Place Masterplan

MASTERPLAN. Vibo Place has a masterplan that will be implemented in phases, said president Gerardo V. Borromeo.

Axis Entertainment courtyard

The Cebu Grand Hotel, which recently celebrated its 23rd anniversary, is one of the oldest in Cebu, said hotel president Camille B. Suarez, Borromeo’s younger sister. It has a hundred rooms and seven function rooms that can host up to 300 guests.

Ms. Suarez said Cebu Grand has several ongoing promos, including a business lunch package and Sugba-Sugba Nights every Wednesday from 6-10 p.m.

Aside from a hotel, Vibo Place also has serviced apartments called The Apartelle.

The main entertainment hub, Axis, also has a 400-square meter courtyard that is open for events, added Mr. Suarez. The space has live bands play every Tuesday, Friday, and Sunday for alfresco diners of Axis restaurant tenants.

Vibo Place Axis

AXIS. The strip mall is an entertainment and dining hub that currently has 7 restaurants, including the first drive-through and biggest Starbucks outside of Luzon.

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Filinvest offers ready-for-occupancy condos under easy, express move-in scheme

With several of its new projects starting or about to start soon, Filinvest is selling its few remaining condo units in the company’s resort-themed communities in Cebu and Cagayan de…

With several of its new projects starting or about to start soon, Filinvest is selling its few remaining condo units in the company’s resort-themed communities in Cebu and Cagayan de Oro under an express move-in promotions.

Prospective buyers will only have to pay five percent of the contract price of any unit at Amalfi and Sanremo Oasis at the South Road Properties or One Oasis Cebu and One Oasis Cagayan de Oro and they can immediately move in, said Filinvest Land Inc. area general manager for the Visayas Allan G. Alfon.

Allan Alfon Filinvest

Filinvest Land Inc. area general manager for the Visayas Allan G. Alfon talks about the company’s express move-in promotions during a press conference. (Photo: MyCebu.ph)

Filinvest properties

The promo is open to buyers purchasing the ready-for-occupancy (RFO) units of Filinvest under a bank financing scheme. It will run until July 31.

Also being offered under the promo are the pricier units at Grand Cenia along Archbishop Reyes Avenue just across the Cebu Business Park.

Amalfi Courtyard. (Photo: Filinvest)

Amalfi Courtyard. (Photo: Filinvest)

Amenities already in place

One major advantage of RFO units, such as those that Filinvest is offering under the express move-in promo, is that the condominium amenities are already in place, Alfon added.

To make the promo even more attractive, Filinvest also waives the move-in fees and takes care of the bank financing charges which can go as high as two percent of total unit price, said senior manager for City de Mare project development Julie Castaños.

“This is our gift to buyers. We make it very easy for them to acquire a unit. The promo is timely, especially since classes are about to open,” she added.

One Oasis Cebu. (Photo: Filinvest)

One Oasis Cebu. (Photo: Filinvest)

 

Right time to buy

Since the launch of the promo last May 17 for in-house agents and May 20 for brokers, they were already able to close transactions for around 20 units at the SRP developments alone.

With Filinvest about to start on the expansion of Sanremo, One Oasis, and Amalfi, Castaños said now is the best time for investors to acquire a unit. Available RFO units range from studio to a three-bedroom place.

A unit in One Oasis Cebu. (Photo: Filinvest)

A unit in One Oasis Cebu. (Photo: Filinvest)

 

View from a patio in Amalfi. (Photo: Filinvest)

View from a patio in Amalfi. (Photo: Filinvest)

 

Pool deck in Amalfi. (Photo: Filinvest)

Pool deck in Amalfi. (Photo: Filinvest)

 

A unit in Grand Cenia Residences. (Photo: Filinvest)

A unit in Grand Cenia Residences. (Photo: Filinvest)

 

San Remo Oasis at the South Road Properties. (Photo: Filinvest)

Sanremo Oasis at the South Road Properties. (Photo: Filinvest)

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Taft, Hongkong Land to transform Cebu with world-class Mandani Bay in Mandaue

Taft Properties has partnered with top Asia property developer Hongkong Land to transform a 20-hectare waterfront property along the Mactan Channel in Mandaue City into the world-class lifestyle destination Mandani…

Taft Properties has partnered with top Asia property developer Hongkong Land to transform a 20-hectare waterfront property along the Mactan Channel in Mandaue City into the world-class lifestyle destination Mandani Bay.

Taft Properties president and chief operations officer Christopher Narciso said the mixed-use township will involve 20 towers, a grand harbor and boardwalk, as well as a large strip of greenery that cuts through the center of the property.

Mandani Bay Cebu

TRANSFORMING CEBU. (From left) Finn Carew, chief representative of Hongkong Land in the Philippines; Gilbert Ang, Mandani Bay project director; and Christopher Narciso, Taft Properties COO and president with a model of the development inside the showroom.

Mandani Bay recently opened its 1,500-square meter Show Gallery, the first structure to rise in the property. A press statement said the gallery is an architectural masterpiece borne out of a collaboration among international architects, engineers, and designers

The development is Hongkong Land’s third joint venture and biggest project in the Philippines, according to company representative Finn Carew. He said the two-tower cluster Mandani Bay Suites, which features studio to three-bedroom units, will be the first residential enclave built on the property.

Mandani Bay

ICONIC PROJECT. An official likened Mandani Bay to such international developments as the Thames River in London, Manhattan in New York, the Sydney Harbour, Victoria Harbour in Hong Kong, and the Marina Bay in Singapore.

World-class community

For Taft, Mandani Bay is the fulfillment its dream to have a world-class community here in Cebu, Narciso said. At the same time, the residential, retail, and office components of the development seeks to address the frustrations of Cebuanos related to traffic and parking.

Carew said Mandani Bay is Hongkong Land’s first major commitment in the Philippines.

“What’s special about Mandani Bay is that a lot of attention is being paid to it, from the design and architecture to the construction components. It is such an iconic project and the first of its kind in the Philippines,” he added.

Carew likened the project to such international developments as the Thames River in London, Manhattan in New York, the Sydney Harbour, Victoria Harbour in Hong Kong, and the Marina Bay in Singapore.

Mandani Bay Cebu

VISITORS check out the model of the Mandani Bay development. The development is Hongkong Land’s third joint venture and biggest project in the Philippines.

Mandani Bay targets

Long-term projects like Mandani Bay will have most of the developments launched after 10 years and see complete build-up in 20 years, said Narciso, adding he sees a bright future for the property sector in Cebu.

Philippine economic trends also show that the property market can only go up in the medium term, added Carew. He said a change in government administration shouldn’t affect the sector too much.

Gilbert C. Ang, Mandani Bay project director, said that they considered what Cebuanos like when they designed the township. He added that they can expect their top four passions of culture, creativity, adventure, and water to be incorporated in the development.

According to Ang, the residential component of the project caters to a wide range of clients, from starting to established families. This is in line with their target to attract local Cebu residents and foreigners to make their home in Mandani Bay, which will be made up of 80 percent residential, 15 percent commercial, and five percent office spaces.

Mandani Bay Cebu

MIXED-USE TOWNSHIP. Taft Properties president and chief operations officer Christopher Narciso said Mandani Bay will have 20 towers, a grand harbor and boardwalk, as well as a large strip of greenery that cuts through the center of the property.

 

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Megaworld’s 8 Newtown Boulevard picked ‘best condo’ in Cebu

Megaworld’s residential development 8 Newtown Boulevard located within the 30-hectare Mactan Newtown in Lapu-Lapu City won big at the 2016 Philippine Property Awards held recently in Makati City. 8 Newtown…

Megaworld’s residential development 8 Newtown Boulevard located within the 30-hectare Mactan Newtown in Lapu-Lapu City won big at the 2016 Philippine Property Awards held recently in Makati City.

8 Newtown Boulevard took the Best Condo Development in Cebu as well as the Best Residential Interior Design and Best Landscape Architectural Design awards, making it the most awarded residential development in Cebu during the event.

The four-tower residential cluster is Megaworld’s first residential development in Mactan Newtown.

8 Newtown Boulevard

AWARDS. 8 Newtown Boulevard took the Best Condo Development in Cebu as well as the Best Residential Interior Design and Best Landscape Architectural Design awards in the 2016 Philippine Property Awards held recently in Makati City.

Megaworld awards

The condominium development’s awards are among the 17 that Megaworld earned this year, which also included the most coveted Best Developer.

“We are very happy for this major award given to 8 Newtown Boulevard. This just shows a glimpse of the kind of exciting, world-class projects that Megaworld is bringing to The Mactan Newtown, our first and only township by the beach,” said Megaworld Cebu Properties, Inc. president Noli D. Hernandez.

8 Newtown Boulevard boasts of a lavish interior, from a spacious condominium lobby to quaint East Asian-inspired design elements that give a relaxing yet polished vibe.

The property also features top-of-the-line amenities that complement Mactan Newtown’s beach setting, including an amenity deck with a 61-meter infinity pool, a fitness center, and unparalleled views of Cebu’s Hilutungan Channel and Magellan Bay.

The residential cluster also has Japanese-inspired gardens, courtyards, and bathing rooms.

8 Newtown Boulevard Mactan

8 NEWTOWN BOULEVARD boasts of a lavish interior, from a spacious condominium lobby to quaint East Asian-inspired design elements that give a relaxing yet polished vibe.

Live-work-play concept

8 Newtown Boulevard is the first residential development at Mactan Newtown, where other luxury residences, business hubs, leisure hotels, a lifestyle mall, and school will soon rise to bring Megaworld’s perfected live-work-play-learn lifestyle concept to Cebu.

The Philippines Property Awards is one of the highly-recognized award giving bodies in the country organized by Property Report, Asia’s leading luxury real estate, architecture, and design magazine.

Top winners from the Philippines this year will compete with their counterparts from eight Asean countries at the grand finals of the 2016 South East Asia Property Awards this November 10 in Singapore. (Press Release)

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8 Newtown Boulevard offers majestic view, top-of-the-line amenities

An infinity pool with a panorama of the Hilutungan Channel and Magellan Bay, a spa and gym with top-of-the-line equipment, and Japanese design features like a rock garden, Onsen room,…

An infinity pool with a panorama of the Hilutungan Channel and Magellan Bay, a spa and gym with top-of-the-line equipment, and Japanese design features like a rock garden, Onsen room, and a Niwa are just among the amenities that await unit owners of 8 Newtown Boulevard at the Megaworld township of Mactan Newtown in Lapu-Lapu City.

Megaworld Cebu Properties, Inc. president Noli D. Hernandez, who led a tour of the facilities for the residential towers, said these are scheduled for completion by the first quarter of 2016.

Many amenities for 8 Newtown Boulevard are located at the expanded open space on the fifth level which will connect all four 18 stories-high towers. The pool, called the Horizon Edge, borders the front central portion of this level for 61 meters.

8 Newtown Boulevard Horizon Edge

MAJESTIC VISTA. The Horizon Edge Pool, which is still undergoing finishing touches, offers a breathtaking view of the Hilutungan Channel.

 

8 Newtown Boulevard Room

ROOM WITH A VIEW. The vista from a unit that has been turned over to its owner.

 

8 Newtown Boulevard

FROM THE TOP. The view of the Horizon Edge Pool from the top of the scale model of 8 Newtown Boulevard.

 

Japanese theme

Jojo Hipolito, Megaworld assistant vice president for Cebu sales, said the infinity pool is nine meters wide and measures five feet at its deepest. A few steps down the pool deck is the Japanese rock garden and still at the fifth level but located indoors is the gym and spa.

Hernandez said Mactan Newtown’s first residential project 8 Newtown Boulevard has Japanese-inspired components, including an Onsen (hot spring bath) room and a Niwa or a traditional landscaped garden.

The Niwa will dominate the other side of the fifth level’s expanded open space and feature a man-made lake with a foot bridge.

There will be rooms where residents can experience Japanese hobbies like Ikebana (flower arrangement) and Origami (paper folding).

8 Newtown Boulevard

LOBBY. The lobby of one of the 8 Newtown Boulevard towers.

 

8 Newtown Boulevard Lobby

Another view of the lobby.

 

8 Newtown Boulevard Lobby

LOBBY CENTERPIECE. This interesting light fixture dominates the lobby and was manufactured here in Cebu.

 

Sea vistas

Harold Geronimo, Megaworld head of public relations and communications, said the 8 Newtown Boulevard towers have been positioned to maximize the sea vistas of Mactan.

“Megaworld has been known for developing a lot of world-class communities in Manila and elsewhere, but in Cebu, specifically in Mactan Newtown, we offer not only the township we are known for but the surrounding scenery as well,” Hernandez meanwhile said.

During the tour, he pointed out the huge and plush lobby for the first and second tower clusters and showed a combined unit at the 17th floor.

The second to the fourth floors will have business offices while residential units will make up the fifth to 18th levels of the 8 Newtown Boulevard towers.

8 Newtown Boulevard

VIDEOCOM. Jojo Hipolito (right), Megaworld assistant vice president for Cebu sales, shows to journalists and bloggers the video intercom feature in units at the 8 Newtown Boulevard.

 

 

8 Newtown Boulevard

WORLD-CLASS COMMUNITIES. Megaworld Cebu Properties, Inc. president Noli D. Hernandez (left) says Megaworld is known for developing world-class communities. At right is Harold Geronimo, Megaworld head of public relations and communications.


 

 

Sneak peek into 8 Newtown Boulevard

 
 

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Taft Properties turns over initial set of Horizons 101 units

Taft Properties has turned over an initial batch of units in what is currently Cebu’s tallest residential building – Horizons 101 – in special handover ceremonies. Chris Narciso, president and chief operating officer of Taft Properties, said they will be turning over the rest of the units to homeowners within five months.

Taft Properties has turned over an initial batch of units in what is currently Cebu’s tallest residential building – Horizons 101 – in special handover ceremonies.

Chris Narciso, president and chief operating officer of Taft Properties, said they will be turning over the rest of the units to homeowners within five months.

“We’re very deliberate in our schedule for the handover. We want all our homeowners to experience the Taft style of handover,” he said. Taft opened up around 800 units in Tower 1 of Horizons 101 and these are all sold out.

Horizons 101 turnover

HORIZONS 101 TURNOVER. Taft Properties chairman Jack Gaisano (4th from left), president and chief operating officer Chris Narciso (3rd from left), and board member Margaret Gaisano-Ang (2nd from left) lead the toast to mark the turnover of initial units of Horizons 101.

A team from the property developer surprised homeowners, among them the Fernandez and Gucor families, with wine for a toast during the turnover of their units. Tower 1, with its 55 floors, is Cebu’s tallest building to date and Taft;s first vertical development.

Jack Gaisano, chairman of Taft Properties, told homeowners they were getting the tallest residential tower in Cebu that was built with the expertise of the best architects, engineers, and designers at the cheapest price.

Horizons 101 ‘comfort by design’

Narciso said not only is the Horizons 101 tower the tallest in Cebu or even the whole of Visayas and Mindanao, they’re working very hard to make it the finest.

“Taft Properties is taking residential living in Cebu to the top with Horizons 101. This project has been meticulously planned and will highlight one of Taft’s core principles which is Comfort by Design,” he said.

This refers to insightful home elements that have become necessities, such as lever-type doors, fireproof premium doors, safety switches, windows with limiters, soft-closing cabinet doors, grease traps, no-spill kitchen counter, rainshower head, porcelain tiles, and well-ventilated corridors and elevator lobby.

Horizons 101 Taft City Magazine

NEW MAGAZINE. (From left) Taft properties chairman Jack Gaisano, board member Margaret Gaisano-Ang and chief operating officer Chris Narciso unveil the new Taft City magazine that will feature the company’s properties.

‘Nature in an urban experience’

Other top-of-the-line features include four high-speed elevators with keycard access to ensure security, 100 percent backup power so life goes on uninterrupted, and close-circuit cameras. It also integrates the “innumerable benefits of nature into an urban experience” through the sky gardens that can be found on several levels.

The Horizons 101 community will include another residential tower, a commercial component intended to maximize its value, and offices for business process outsourcing companies.

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SunKai Land breaks ground on SunVida Tower

SunKai Land, Inc. has broken ground on its first project, the residential condominium SunVida Tower on Juan Luna Avenue, one of the main thoroughfares of Cebu City.

SunKai Land, Inc. has broken ground on its first project, the residential condominium SunVida Tower on Juan Luna Avenue, one of the main thoroughfares of Cebu City.

The groundbreaking ceremony last November 20 was led by Hope Melencion, Sunkailand head of operations; Michael Estomata , Project Development Head), engineer Ramonsito Uy, president and owner of Vineyard Construction; and representatives of SunVida Tower Unit Owners. The project site was blessed by The Rev. Fr. Eduardo M. Cabug, team member of the Archdiocesan Shrine of St. Therese of the Child Jesus, Lahug, Cebu City.

SunVida Tower completion

Construction of the 30-storey building will begin immediately. SunVida is expected to be completed by December of 2018 and delivered in the first quarter of 2019.

“SunKailand is proud to have launched this project and looks forward to many happy lives lived in its premises,” Melencion said.

With 72 percent of its 543 units already sold just four months after its launch, SunVida Tower is a Cebuano success story waiting to be told.

Sunvida Tower

Architect’s perspective of SunVida Tower.

 

The success of SunVida Tower is attributed to three factors – strategic location, flexible designs and value for money – adequately fulfilling SunKailand’s mission of contributing to the growth of the metropolis as a prime economic mover, the company said in a press statement.

Central location

The project enjoys the distinction of being the most reasonably priced in its category. Units are currently offered on exciting financing schemes. One can own a SunVida unit on a P9,000 monthly installment scheme.

The tower, located within the central business district, is designed in the modern Asian contemporary scheme dominated by vibrant hues. Each residential unit will have either a harbor, city or mountain view. Some of the condominium’s units can be merged to create bigger spaces for bigger families.

The project has the city right at its doorstep. It is close to three major shopping destinations, with SM City Cebu just a few steps away. It is also within the area of churches and schools and a short drive to the Cebu City harbor and the Mactan-Cebu International Airport.

Sunkai Land Sunvida Tower

SUNVIDA TOWER GROUNDBREAKING. ((From left) Architect Bim Bering, SunKai Land design & planning manager; Michael Estomata, SunKai Land project development manager; Fr. Eduardo Cabug; architect Karen Ong of Ideal Builders; Hope Melencion, SunKai Land sr. vice president for operations; Eric Ong of Ideal Builders, Ramonsito Uy, president of Vineyard Construction; and representatives of SunVida Tower unit owners Christian Mendoza, Takao Iwasawa, and Marie Cris Ruales break groun on the SunVida Tower.

 

SunKai Land plans

Security and privacy are highly valued within the property. The building has 24-hour security service with closed-circuit television cameras, a private and security drop-off, three high-speed passenger elevators and 100 percent power back-up.

Amenities, which will be installed on the building’s sixth level, include an adult infinity pool, a kiddie pool and a fitness gym. The community will also have meeting rooms.

A grand lobby and retail and commercial hub complete the enviable city living experience.

With the brisk uptake of SunVida Tower, SunKai Land is looking to develop more properties to serve a growing investor and end-user market. (Press Release)

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Filinvest completes amenities of SRP project Sanremo Oasis

Unit owners of Filinvest’s mid-rise residential community Sanremo Oasis will have access to major amenities like swimming pools, kids’ play area and playroom, basketball court, lawn and jogging trail, and clubhouse beginning December 1.

Unit owners of Filinvest’s mid-rise residential community Sanremo Oasis will have access to major amenities like swimming pools, kids’ play area and playroom, basketball court, lawn and jogging trail, and clubhouse beginning December 1.

Filinvest inaugurated the newly-completed facilities of its condominium development within the 50-hectare master-planned community City de Mare at the South Road Properties (SRP) last Saturday, November 14, 2015.

Sanremo pool clubhouse

The pool as seen from the 2nd floor of the clubhouse.

 

Sanremo facilities

SANREMO FACILITIES. The development’s fitness gym and playrooms will be opened on December 1 to its homeowners.

 

85 percent sold

Even if only six of the eight-building clusters have been built and 85 percent of their total units sold off, Filinvest still sees it fit to complete and make the development’s amenities available to homeowners, said senior manager for City de Mare project development Julie Castaños.

Around 450 of the total 924 Sanremo Oasis units already bought have been turned over to homeowners, but only 214 are currently using their condos, she added.

Sanremo’s two-level clubhouse has a fitness center, playroom for kids, and private meeting rooms. The kiddie, pre-teens’ and lap pools are behind the clubhouse.

Sanremo clubhouse

SANREMO CLUBHOUSE. The 2nd floor of the Sanremo clubhouse.

 

Sanremo facilities launch

LAUNCHING. Filinvest inaugurated the newly-completed facilities of Sanremo within the 50-hectare master-planned community City de Mare at the South Road Properties last November 14.

 

Future development

When finished, the development will have eight mid-rise building clusters with a total of 1,200 units, which have floor areas of 22 square meters for studio and 30 square meters for the two-bedroom.

Castaños said Sanremo will be the last City de Mare development featuring five-storey buildings, as the next projects can go as high as 14 floors. She added that they’re set to inaugurate and open the amenities for another City de Mare residential development, Amalfi Oasis, and its commercial component Il Corso in a month or so.

Sanremo playroom

The Sanremo playroom

 

Sanremo fitness room

Sanremo fitness room

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Aboitizland opens newest residential project Amoa in Compostela

More open spaces and a hectare of amenities distinguish the newly launched residential development of Aboitizland, Inc. called Amoa in the northern Cebu town of Compostela.

Set in the rolling terrain of Barangay Tamiao, the development will leave close to half of its total area of 60 hectares as open spaces, said Aboitizland vice president for marketing John Amon.

More open spaces and a hectare of amenities distinguish the newly launched residential development of Aboitizland, Inc. called Amoa in the northern Cebu town of Compostela.

Set in the rolling terrain of Barangay Tamiao, the development will leave close to half of its total area of 60 hectares as open spaces, said Aboitizland vice president for marketing John Amon.

Amoa amenities

“Amoa will have a hectare worth of amenities. There will be a central park within which the clubhouse, three swimming pools, grand lawn, and children’s play area will be located,” he added during the Amoa launch at SM City Cebu last October 23.

The open spaces, which make up 46 percent of the residential community and also include wide vistas of hills and pocket parks, will be seamlessly interconnected to inspire activities like walking, hiking, jogging, and bicycling.

Amon said the name Amoa has an equivalent word in the Visayan dialect that translates to “Ours,” evoking a strong sense of community ownership and belonging.

Amoa Compostela Aboitizland

COMMUNITY OWNERSHIP. Aboitizland vice president for marketing John Amon says Amoa comes from the Visayan word for “ours,” evoking a strong sense of community ownership and belonging.

 

Amoa units

The mid-end residential village will be divided into seven smaller communities and developed by enclave, according to Aboitizland assistant vice president for marketing Joey Zamora. Enclave 1 will have around 400 house and lot units and is scheduled for completion by June 2018.

Amoa offers house and lots ranging from townhomes to two-story single detached units as well as a few raw lots.

Amon said they limited the lots to only 10 percent of available units because they want to grow a thriving community, adding that those who buy lots tend to put off constructing a house.

Buyers can choose from five house designs and sizes priced between P1.7 million to P3.1 million. Lots are offered at P5,000 per square meter.

Residential homes are designed to let the cool breeze flow in and allow natural lighting, and the architectural style is patterned after the “balay na bato” during the colonial period. They are fitted with “ventanillas” or window and wall grills for more natural ventilation, and homeowners can pick their favorite from six designs.

Amoa Compostela Aboitizland

AMOA DESIGN. Amoa homes are designed to let the cool breeze flow in and allow natural lighting, and the architectural style is patterned after the “balay na bato” during the colonial period. They are fitted with “ventanillas” or window and wall grills for more natural ventilation, and homeowners can pick their favorite from six designs.

 

High sales

Aboitizland’s newest residential project has been well-received, with already P250 million worth of sales just three weeks into last Friday’s launch, said Zamora. This translates to around 130 units.

Amoa is targeted towards middle income earners, which are currently real estate’s fastest growing market, Amon said, adding that many of those buying units are Cebuanos working outside the country.

In line with its vision to build communities, Amon said Aboitizland will come up with more horizontal housing projects in Cebu next year with a focus on the middle market.

The premier property developer is also looking into expanding to Luzon and will be launching several projects out of Cebu in the next five years, he added.

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