Tambuli Seaside Living completes two condo towers, starts third one

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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.

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.

By Marlen Limpag

Marlen is the editor of MyCebu.ph and co-founder of Cebu-based journalism startup InnoPub Media.

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