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Real Estate + Properties
Real Estate News Roundup (June 18 to 24, 2019)
Properties and developments in Southern Philippines are the feature in this real estate roundup!
By: Shanice Reyes | June 18, 2019
The exterior design of a modernized unit by Amaia Land
Image: AmaiaLand Website
More and more property developers are incorporating themes in their properties—a big plus for customers who consider this in their property hunt. In Iloilo City, Amaia Land provides modern living through its newest residential community, while ArthaLand showcases their nature-themed office units in Cebu City. Meanwhile, condominium unit sales are booming in Bacolod. To know more about these latest real estate updates, continue reading!
Project Announcements
Innovatively-designed homes by Amaia Land
A residential community will soon be the next housing pride in the heart of the Iloilo-Guimaras metropolitan area. Amaia Scapes Iloilo, developed by Amaia Land, will have 314 innovatively-designed houses to provide a state-of-the-art lifestyle [1].
Potential buyers can choose from the following housing options: Bungalow Pod, Carriage Pod, Single Home, Twin Home and, Twin Pod. Each unit will feature living and dining areas, kitchen area, one or more bedrooms, and one or more bathrooms. Future settlers can also choose multi-level units and can have options to expand them.
The community will have a basketball court, a mini-soccer field, and a swimming pool. Its location is strategic as it is near malls and universities, giving the residents easy access for transportation.
Green office building to rise in Cebu IT Park
Cebu Exchange, a green office building, was recently introduced by ArthaLand during its topping off ceremony in Cebu IT Park. Through this property, ArthaLand will let businesses experience a healthy work environment while maximizing their operational efficiency and lowering the lease.
Sitting on an 11-hectare land area, Cebu Exchange is endorsed as the single largest green office building in the southern part of the Philippines. Each floor in the low zone will have open areas approximately 5,000 square meters in size [2]. The podium area which will feature retail stores has already been completed.
Industry News: Increase of sales in condo units in Bacolod for 2018
According to a report by Colliers International Philippines, a global property services firm, condominium units sold in Bacolod increased to 560 from 2017’s 290 units [3]. The firm predicted an annual take-up of 330 units per year from 2019 to 2021.
The firm also identified possible factors that can support the demand for condominium units. These factors are OFWs, infrastructure projects, rising of major townships, and growth of outsourcing and non-outsourcing businesses.
The price range of condominiums and houses and lots in the city is from PhP450,000 to PhP3.2 million. Considered to be affordable, these units are attractive investments for OFWs and businessmen. Mesa Virre Garden Residences by CebuLandmasters Inc. and Manors Majorca by Camella Homes are last year’s top-notch condominiums projects.
For more property news, visit Yoorekka!
Sources:
[1] http://bit.ly/2WKThAi
[2] http://bit.ly/2ZwSwHN
[3] http://bit.ly/2XUnw4m
About Shanice Reyes
Shanice Reyes writes to buy herself good coffee and bike parts. When she's not writing, you can find her playing Ultimate Frisbee, traveling to new places, or hanging out with her dogs and tarantulas. Though she has an irrational fear of heights, she'd love to try sky-diving one day.
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careful research has been made in writing them, Yoorekka does not
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