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Pueblo de Oro launches condo project in CDO
WESTWOODS Storeys will offer a total of 989 residential units, including 25-sqm studio-type and 56-sqm two-bedroom mode PHOTOGRAPHS COURTESY OF pueblo de Oro Development Corporation THE property stands out among other condominium projects with its expansive layout on a large land area. Pueblo de Oro Development Corporation, the residential development arm of Investment & Capital Corporation of the Philippines Group, has recently launched a P3-billion mid-rise condominium project in Barangay Carmen, Cagayan de Oro City. Dubbed Westwoods Storeys, the project consists of seven towers, each with six or seven floors, and is set on a 5.2-hectare plot amidst the protected urban rainforest of Pueblo de Oro. “Westwoods Storeys will contribute to mitigating the housing backlog, particularly in the City of Cagayan de Oro,” the company said. It will offer a total of 989 residential units, including 25-sqm studio-type and 56-sqm two-bedroom models with introductory prices ranging from P4 million to P8.9 million. Westwoods Storeys stands out among other condominium projects with its expansive layout on a large land area, providing a less crowded environment. It is thoughtfully designed to blend seamlessly with the surrounding rainforest, promoting environmental preservation that offers unit owners a harmonious connection to nature. Westwood Storeys also features a range of amenities, such as swimming pools, a playground, a multi-sport court, landscaped meditation decks, nature trails, rain gardens, pocket greenscapes, a family picnic area and a guardhouse with 24/7 security. Westwoods Storeys offers convenient proximity to various landmarks such, as SM City CDO Uptown shopping mall, St. Francis Xavier Parish Church, Xavier University-Pueblo de Oro Campus and the soon-to-open The Hub at Bamboo Lane commercial center. The whole development is expected to cost P3 billion, with the first tower set for turnover in 2026. Westwoods Storeys is Pueblo de Oro’s next vertical housing project following the successful Familia Apartments and Familia Apartments at Bamboo Lane. The latter received the Special-Purpose Development of the Year-Philippines award in the 2021 Real Estate Asia Awards. The post Pueblo de Oro launches condo project in CDO appeared first on Daily Tribune......»»
Mantawi Residences: Cebu’s next frontier of progress
Picture this: A luxurious, but safe and quiet abode. Yes, that’s the commitment of Mantawi Residences, the newly launched property of Robinsons Land Corporation Residences in Cebu. Who wouldn’t want to be in such a place that promises its residents ultra-spacious living spaces and built-in smart home devices? Not to mention exclusive and sizeable penthouses with multiple loggias where residents can comfortably marvel at the city’s skyline. For the Gokongwei-led RLC Residences, Mantawi Residences exemplifies condo design. It’s one of those properties where each element conspires with all the rest to create a singular experience. “We are happy to come back here in Cebu with another promising project, Mantawi Residences,” said John Richard B. Sotelo, RLC Residences senior vice president and business unit general manager. “We are very proud to finally unveil this development that we envisioned for our future residents who are on the lookout for a home and investment that they can proudly call theirs.” Mantawi Residences is the newest and most ambitious addition to RLC Residences’ roster of properties in Cebu after its successful projects in Azalea Place Cebu, Galleria Residences Cebu, and Amisa Private Residences. [caption id="attachment_122273" align="aligncenter" width="650"] MANTAWI Residences grand launch at Nustar Resort and Casino in Cebu. (From left) Allen Miranda, RLC Residences vice president and head of sales; Winnie Go; Heart Evangelista, RLC Residences brand ambassador; Karen Cesario, marketing head and chief integration officer; John Richard B. Sotelo, senior vice president and business unit general manager; Engr. Emmanuel Arce, vice president project management; and Stephanie Anne Go, business development and design head.[/caption] “Mantawi Residences marks yet another strong signal from RLC of its confidence in Cebu — the strength of its economy and the vibrancy of its people,” Sotelo said during the grand launch event held at the Nustar Resort and Casino in Cebu City. Sotelo added that Mantawi Residences reflects the best thinking of RLC Residences to date, with something they haven’t done even in Metro Manila — its sprawling 1.3 hectares of amenities. Add to that are their efficient space layouts with larger unit sizes and loggias, sustainable certification with EDGE (Excellence in Design for Greater Efficiencies) and BERDE (Building for Ecologically Responsive Design Excellence) and its curated retail areas. “We’ve brought our best thinking and understanding of the customers in Cebu, as well as those outside of Cebu and outside of the Philippines who are keen to invest in the Cebu market,” Sotela added. Upscale living Mantawi Residences is a four-tower premium condominium on the 20,328-sqm property with 474 units spread across the four 40-floor towers. The property, named after the Mantawi Festival, is situated along Ouano Avenue in Mandaue City. The pre-selling property offers 310 one-bedroom units (46 sqm), 148 two-bedroom units (92 sqm and 115 sqm), 12 three-bedroom units (138 sqm), and four penthouse units (207 sqm). Price ranges from P15 million to P60 million. [caption id="attachment_122277" align="aligncenter" width="525"] MANTAWI Residences Penthouse living room, dining and kitchen.[/caption] The opulent penthouse covers three bedrooms, a dining area, a kitchen, a living room, a study den, a utility room, a powder room, and a balcony. Sotelo disclosed that two of the penthouse units have already been sold. Stephanie Anne Go, RLC Residences assistant vice president and business development and design head, said each unit has upgraded home furnishings, including porcelain tile floorings, a kitchen with glass doors and a pantry cabinet, and glass shower enclosures. For the penthouse, the master bedroom’s toilet will have a bathtub. “We also want to make sure that most of the bedrooms of every unit will have their own loggia,” she said. “We have to be conscious about efficiency, not generally where we just want to put the bedrooms. Rest assured that all the units will be efficiently laid out.” Go ensures that there will be a feeling of airiness and openness in the property. Yes, fresh air and open spaces – who would have thought these two simple things could be luxuries for condo homeowners? The premier project enjoys a vast 1.3-hectare amenity area that provides landscaped areas, beach-inspired swimming pools, a cascading water wall, a pet park, and an outdoor play area, among others. Indoor amenities include a game room, a private theater, a fitness center, a kids’ playroom, and function rooms. It will also feature curated global retail brands on the ground floor. Mantawi Residences is near academic institutions, shopping destinations and hospitals. The area is also currently being modernized to become the main gateway of Cebu City. One of the critical projects in the area is the Department of Environment and Natural Resources’ rehabilitation of the Mahiga River. The property is also accessible to two progressive cities: Mandaue and Cebu City and is only five kilometers away from the Cebu-Cordova Link Expressway — considered one of the area’s progress indicators. Future developments are also in the pipeline, as the Mandaue government plans to develop the Metro Cebu Expressway and the Cebu Bus Transit, plus turning the Cebu International Port into an international cruise docking area. Another essential program is the development of a premier waterfront development featuring commercial space and a luxury district. Target market Cebu continues to be the biggest real estate outside Metro Manila, with the demand increasing from six percent in 2020 to 24 percent in 2021. Karen Cesario, RLC Residences senior director-marketing head and chief integration officer, said they target overseas Filipinos and growing professionals aged 35 to 45 as potential homeowners. A one-bedroom, 46-square meter unit starts at P15 million. “We did take a long, hard look at the price point that we feel the Cebu market is ready for and willing to take,” said Sotelo. “When we were made to look at the design specifications and the features that we have incorporated into the building, we felt that it’s worth more than our previous premium properties. We are guided by what the market is telling us, what and how our competition also prices. The market in Cebu is telling us that it is ready.” Sotelo added that they expect to break ground Mantawi Residences in the fourth quarter of this year, with the turnover of the first tower by the fourth quarter of 2029. The post Mantawi Residences: Cebu’s next frontier of progress appeared first on Daily Tribune......»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Globe closed on an additional P1.16-B in tower sales
Globe Telecom, the Zobel Family’s telecommunications company, disclosed that it closed on the sale of another 91 cell towers to Frontier Towers to raise approximately P1.16 billion in cash......»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
DOH, SPMC raise colorectal cancer awareness
THE Department of Health (DOH) and the Southern Philippines Medical Center (SPMC) collaborated to raise awareness about colorectal cancer causes and symptoms during the Kapihan sa Dabaw at SM Ecoland on Monday morning, March 25, 2024......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
Blue Eagles reassert mastery over Maroons in UAAP women s volleyball
The Ateneo Blue Eagles swept their UAAP Season 86 women's volleyball series with the University of the Philippines Fighting Maroons, blasting their Katipunan rivals 25-14, 25-20, 25-15, Sunday at the Smart Araneta Coliseum......»»
Knowing one’s IP right
Copyright registrations at the Intellectual Property Office of the Philippines or IPOPhl reached record-high levels last year. And this, according to IPOPhl, signifies increased awareness of the importance of copyright registration......»»
Rama: No need to rush RPT revision
CEBU CITY, Philippines – Cebu City Mayor Michael Rama said revising the Real Property Tax (RPT) wasn’t yet necessary, showing a sudden change in his position. At first, Rama said the RPT revision had to be done this month. Later, he told the council that imposing the RPT suddenly wasn’t necessary, showing a change in.....»»
Real-life BFFs Jerald and Nicco fulfill dream of working together on screen
The first time they met was in 2007 through Cultural Center of the Philippines’ Tanghalang Pilipino. ‘Sabay kaming humiga sa carpet ng CCP kahit bawal dun,’ recounted Nicco. ‘We were just dreaming about the things we are doing now (acting). We would eat together in a cafeteria na hati kami ng ulam lang. We really started.’.....»»
Real-life BFFs Jerald and Nicco fulfilln dream of working together on screen
The first time they met was in 2007 through Cultural Center of the Philippines’ Tanghalang Pilipino. ‘Sabay kaming humiga sa carpet ng CCP kahit bawal dun,’ recounted Nicco. ‘We were just dreaming about the things we are doing now (acting). We would eat together in a cafeteria na hati kami ng ulam lang. We really started.’.....»»
NAIA sale to pay debts
Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
Kinuriskuris: Old Landmark
Aldevinco Shopping Center had been one of the most prominent landmarks in downtown Davao City for five decades until it was shutdown in 2021. Today, it is overshadowed by towering condominium buildings. Sketch by Keith Bacongco (Kinuriskuris is the urban sketching page of Mindanawon journalist Keith Bacongco. Kinuriskuris is Hiligaynon word for doodles)......»»
Araneta takes on Magramo for IBF world title eliminator in Cebu
CEBU CITY, Philippines — World-rated knockout artist Christian “The Bomb” Araneta will test his mettle against an equally dangerous foe in the main event of “Kumbati 16” on January 26 at the plush Nustar Resort and Casino’s convention center at the South Road Properties, here. The 28-year-old native of Borbon town in north Cebu will.....»»
Valenzuela: 4 centuries and counting
Valenzuela City marked the culmination of its 400th founding anniversary celebration with a grand night of festivities, including the launch of the city’s coffee table book, “Valenzuela: History and Progress,” and a vibrant Cultural Night fashion show. The event, held at Casa de Polo in Barangay Poblacion on Sunday, 26 November, was graced by First Lady Louise Araneta-Marcos, who joined Mayor Wes Gatchalian and the city council in unveiling the building marker of Casa de Polo. The inauguration of Casa de Polo, a heritage-themed events space, signifies its opening for all accommodations, marking a significant milestone in the city’s history. Mayor Gatchalian emphasized the importance of celebrating the city’s 400th founding anniversary, expressing gratitude to those who contributed to the successful series of celebrations. The coffee table book features a comprehensive walk-through of the city’s heritage, tracing remarkable events from the old town of Polo to its gradual transformation into an urbanized city. The book delves into the city’s unique culture, showcasing its food, art, customs, traditions, churches, and local governance aspects, including education, health, social services and ecotourism. Leading to the grand finale, Cultural Night, a fashion presentation that paid homage to Valenzuela City’s history and cultural heritage, took center stage. The program showcased the works of three renowned local designers: Michael Leyva, Robbie Santos and Daniel Manila. The fashion show exhibited three blocks, resonating themes of Polo, showcasing Pueblo de Polo’s agricultural background; Fatima, highlighting the vibrant culture and faith of Valenzuelanos; and Agos, focusing on the city’s relentless pursuit of progress and “riding the waves” of continuous growth and innovation. The event was also graced by Senators Grace Poe and Mark Villar, Malabon City Mayor Jeannie Sandoval, San Juan City Mayor Francis Zamora, National Museum of the Philippines Director Jeremy Barns, LGU department heads, members of the city council, punong barangays, judges, fiscals, delegates of the Comelec, Chamber of Commerce and Industry and JCI, among others......»»
SYNC, Sierra Valley Gardens hold groundbreaking ceremonies
RLC Residences has recently broken ground on the new buildings of its two new construction milestones, SYNC and Sierra Valley Gardens. Present during the ceremonial foundation stone laying activity were RLC Residences executives and key officials from the construction partners: Terp Asia Construction Corporation, Monocrete Construction Philippines, Arknet Inc., R.B. Sanchez and W.V. Coscolluella Associates. “We are very proud of these milestones and equally excited to start constructing these new buildings. Sierra Valley Gardens Buildings 3 and 4 and SYNC N-Tower are among the many projects we recently launched to the public, each with unique features tailored to the needs and lifestyle of condo-seekers. We can’t wait to see these unfold and welcome our future residents to the home that they envisioned,” John Richard Sotelo, RLC Residences senior vice president and business unit general manager, said. Located in Bagong Ilog, Pasig City, SYNC is a four-tower residential development and currently the only condominium in the area with direct access to C5 Road. N-Tower, the third building of the development, was launched last October 2022 and boasts efficiently designed units with smart home features and productivity upgrades, and more than 20 indoor and outdoor amenities exclusively available to residents. Sierra Valley Gardens, on the other hand, is the first smart suburban community in Cainta, Rizal. Located within the Sierra Valley destination estate, the condo project offers studio to two-bedroom units with balcony options, equipped with smart home features and home upgrades, resort-like amenities and facilities, plus direct access to the soon-to-rise mall and office buildings within the estate. The post SYNC, Sierra Valley Gardens hold groundbreaking ceremonies appeared first on Daily Tribune......»»