The recent years have seen the birth of baby metropolises not just in Luzon, but in several areas in Visayas and Mindanao. With commerce, of course, comes the people’s need for convenient living in the middle of it all.
The boom in residential developments has been steady for the past two years, and contributing to the consistency are the real estate developments in Visayas and Mindanao.
CEBU
The Ayala group is aggressively trying to corner the bustling city of Cebu, displaying its full range of offerings from the economical Avida line to Ayala Land Premier. Its most basic offering is the Avida Towers Riala, located at the Cebu IT Park. The project sells in the mid-P2-million mark, with turnovers expected as early as March 2017.
A step up is Alveo’s Sedona Park, which sits in a 1,200 square meter lot along Leyte Loop, “a prime residential enclave within the Cebu Business Park”. Also in the mix is Solinea, offered from P2.8M-P6.4M.
The top of the line, however, is Ayala Land Premier’s 1016 Residences, which is directly connected to the exclusive City Sports Club Cebu. Cuts are larger at 98-220 square meters, and are available at P10M upwards.
For those who still opt for houses and lots, Ayala Land Premier has a seaside development in Liloan, Cebu. Lots are offered at a minimum of 405 square meters, starting from P6.8M.
Others who prefer more economical options can also consider Camella Homes developments in Cebu. They have a total of 10 around the province in Carcar, Talisay, Talamban, Guadalupe, and Mactan.
ILOILO
Iloilo also has its share of developments, starting with Avida Towers Atria. Units start at P2M up, and will be ready for turnover in 2017. Meanwhile, the Avida Storeys Atria is slated to be turned over in 2017, offering larger units for at least P4M.
Megaworld is also in Iloilo, offering lots in its Forbes Hill subdivision. Only 197 lots were made available in the 15-hectare property promising a backdrop of sugarcane plantations. The development is also just 10 minutes from University of St. La Salle and 15 minutes from the new Bacolod-Silay Airport.
Camella is also in the province with a total of six developments starting from P1.4M each.
CAGAYAN DE ORO
Vista Land seemed to have had a head start in CDO, with the Camella brand already having eight house and lot developments in the province. The Ayala group, however, is following suit, first with Avida Towers Aspira. The development is available for as low at P2M to upwards of P9M for a three bedroom, bi-level unit with turnover starting in 2018. Ayala Land Premier, meanwhile, also entered the market with Alegria Hills, which offers a 360° view of Cagayan de Oro City and the Macajalar Bay. Lots are also large, starting from 377 to 1123 square meters.
DAVAO
Malls, hotels, and condos are abound in busy Davao, but that hasn’t stopped developers from building. DMCI is offering its signature mix of mid and high rise condos with Verdon Parc. One bedroom units start at P2.3M to P6.7M for a 72-square meter, two-bedroom unit.
Ayala Land, meanwhile, offers Avida Towers Davao, along with Alveo’s Abreeza Place and Abreeza Residences. Megaworld Suntrust is selling Tower 2 of its One Lakeshore Drive project in the heart of the Davao Park District, as its first tower has already sold out.