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Saturday, May 4, 2024

Federal Land launches property development in Biñan, Laguna

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Federal Land Inc., the property development arm of GT Capital Holdings Inc., launched the low-density Hartwood Village on a prime piece of property in its 48-hectare Meadowcredit township in Biñan, Laguna.

“The property has been held by the Ty family for about 27 years, and the time is finally ripe for its development under their Federal Land Communities product line,” Federal Land chairman and chief executive Alfred Ty said in a briefing following the launch.

Ty, or AVT as he is known in the business community, is a son of the late banking and automotive tycoon George Ty. He and his older brother Arthur have been carrying on their father’s legacy as the second-generation tycoons who are now running GT Capital, the listed Ty-owned conglomerate.

GT Capital’s multi-faceted businesses include property through Federal Land Inc.; automotive through Toyota Motor Philippines (TMP) Corp.; dealership through Toyota Manila Bay Corp.; and GT Capital Auto Dealership Holdings Inc.; banking through Metropolitan Bank & Trust Company; and insurance through Philippine AXA Life Insurance Corp. It also has a stake in Metro Pacific Investments Corp.

Ty said the development stands out, reinforced by Federal Land’s commitment to redefining contemporary living experiences. “Hartwood Village will be the first of two distinctive villages in this township,” he said.

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Hartwood Village is an 11.3-hectare horizontal residential development that blends the tranquil allure of suburban living with seamless connectivity and urban conveniences. It will be launched next month and will be turned over in the first quarter of 2027.

It will have a low-density distribution of 16 lots per hectare, ensuring an intimate and exclusive living experience for its residents.

“With its exceptional value proposition, Hartwood Village provides the perfect opportunity for discerning homebuyers to seize one of these coveted lots as more buyers see high investment potential in charming suburban developments in prime locations,” said Federal Land president and chief operating officer Thomas Mirasol.

Meanwhile, Gilbert Berba, Federal Land urban planning and design group head, said Hartwood Village will be meticulously crafted with the intent to put a premium on connectivity.

“Highlighting the importance of open spaces and circulation, the neighborhood will foster pedestrian mobility — encouraging residents to embrace a lifestyle that prioritizes well-being and community interaction,” he said.

“Meadowcrest will offer a distinct lifestyle and business environment that is intimate yet complete. It’s quaint residential enclaves, commercial hubs, and lush green spaces will be designed to support a multitude of functions that cater to the needs and aspirations of the residents,” Berba said.

Meanwhile, Ty expressed bullishness over the development’s prospects, highlighting its location, among other attractions.

“The newly opened Cavite-Laguna Expressway (CALAX) seamlessly links the vibrant community we envision at Meadowcrest to the bustling economic activity in Metro Manila and weekend destinations like Tagaytay,” he said.

Schools and colleges like De La Salle University – Laguna Campus and Brent International School Manila enhance the project’s appeal to new homeowners and investors.

Medical facilities such as The Medical City and other high-standing educational institutions, including Xavier School NUVALI, St. Scholastica College Westgrove, and Ateneo Graduate School of Business, provide an abundance of life that enrich the fabric of community experience.

With Federal Land’s commitment to providing exceptional living spaces that resonate with the pulse of progress, Ty said Meadowcrest adds a touch of modernity and sophistication to Laguna’s dynamic growth story.

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