Belle Corp.’s mountain resort development, Tagaytay Highlands, posted modest gains in the prior year. The leisure destination of choice in the south saw earnings before interest, taxes, depreciation and amortization rise 21 percent to P364 million in 2019 from P301 million in 2018.
This performance reflected higher-margin products that include new developments, improvements in facilities and amenities and expansion of existing portfolio.
The Grove at Plantation Hills became the latest addition to Belle’s upscale farming community. The 22-hectare development promotes a healthy and holistic lifestyle suited to the discriminating tastes of its prospective homeowners.
With lot selling and land development commencing in the second half of 2019, the leisure residential and eco-farming concept-in-one will feature orchard and garden lots ideal for growing fruit trees, herbs and vegetables in one’s backyard.
Sycamore Heights, nestled at the heart of Tagaytay Midlands, has been providing breathtaking nature views and panoramic vistas in a contemporary Asian-themed community. Turnover of lots to owners and availability of prime lots continued to build property sales. Amenities such as Central Park Pavilion, Infinity Pool, Lounge Garden, Bird Watch Park and Rock Garden have been completed for the exclusive use of homeowners.
Yume, Tagaytay Highlands’ Japanese-themed community, maintained its investment viability as expansion lot purchases continued to soar. Exuding the vibe of simplicity and natural essence found in minimalist architecture, its zen living offers a stunning view of the fairways.
Meanwhile, Nob Hill’s residential lots have contributed to overall property revenue throughout the year. The community masterpiece boasts of picturesque vistas of mountains enjoyed from one’s home where the conveniences of modern living blend seamlessly with the beauty of nature.
Tagaytay Highlands’ strides in 2019 were made more significant with its 25th anniversary celebration. What started as an exclusive members-only club facility has evolved into a township that caters to the country’s affluent who appreciate the exclusivity and leisurely lifestyle it offers.
As the estate celebrated its two and a half decades of unparalleled development of themed residential projects, residents and members continue to enjoy an exclusive portfolio of luxury homes set against nature’s best backdrop.
The year 2019 also marked the resurgence for Tagaytay Highlands. In line with its modernization program, its drive for customer innovation resulted in the re-opening of newly reconditioned Swiss-engineered cable cars and funicular train transport system, which remain unique only to Tagaytay Highlands to this day.
It was also marked by renovations at its recreational facilities and food and beverage outlets, namely Genghis Khan and Trellis, Highlands Peak, Tagaytay Highlands Golf Club, The Country Club and The Sports Center. Enriching the Tagaytay Highlands experience were new gastronomic choices that have added to the extensive culinary list of its well-loved restaurants and dining places.
As business in Tagaytay Highlands picked up, environment sustainability remained a top priority. Key stakeholders and partners joined the planting initiative at One Tree at a Time and boosted efforts to green the estate.
Tagaytay Highlands is confident that there will be continued strong interest in its premium themed residential communities as it remains committed to sustain its vision to be the exclusive leisure property of choice amid the demand for luxury mountain resort living.