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South Forbes Golf City
will be getting P2B in investments as all fundamentals
point to a strong performance for the real-estate
industry this year. Upscale developer Cathay Land will
be launching several new developments in its flagship
500-hectare, fully integrated golf resort complex in
Metro Santa Rosa.
“We are
going to start at least five new developments this
year,” Cathay Land president Jeffrey Ng reported. “We
are elated by the overwhelming response to our three
projects last year, namely, the
Zen-inspired
Tokyo Mansions,
French-themed Châteaux de Paris and Thai resort design
of Phuket Mansions.”
“To our
pleasant surprise, the market is now clamoring for much
bigger lots and even plusher houses. Thus, bigger,
grander subdivision projects such as the art-deco Miami
and tropical Nirwana Bali will now be introduced to the
market. The company is projecting a strong market
reception to the Asian modern themed Sentosa
Heights—which feature spacious houses on lots of more
than 1,000 sqm all overlooking the fairways of the South
Forbes Golf Club,” Ng said.
PHUKET Clubhouse
“Cathay
Land is also starting development on two condominium
clusters fronting the golf course—the Golf View Terraces
and the Greenview Towers. With these grand launchings
and architecturally diverse new projects in place, we
expect another banner year this year.” Ng added.
“The
main attraction for our investors and buyers is the free
golf membership they acquire with every condominium unit
and house purchase at South Forbes. This will give them
the chance to play with their neighbors and test their
golfing skills amid the fairways, sand traps and water
formations that dot the 50-hectare South Forbes Golf and
Leisure Club.” Ng further said that all 18 holes of the
golf course will be completed before the end of the
year. The first nine holes will be open by May.
“We’re
building a perfectly located whole golf city with
various educational, lifestyle, work and play options
for the whole family,” Ng emphasized. “Together, our
various themed subdivisions fulfill our vision of “The
Whole World in One City” concept. This is our
sustainable competitive edge over all the other projects
in the country today.”
The
continued growth of the upper middle-income to
high-income segment, strong buying interest among
Filipinos based overseas, the confidence of retirees to
invest in second homes and estates, and the easy
financing schemes offered by banks all point to boom
years for the real-estate sector, according to Ng. “For
the first time ever, banks are now offering end-users
low interest rates fixed for up to 30 years. There has
never been a better time to own your home and invest in
real estate.”
He
added, “South Forbes Golf City redefines residential and
commercial development into an inclusive mix that
combines distinctive lifestyle choices for the whole
family. We are expecting investors, home buyers,
retirees, and Filipinos working abroad to embrace and
experience the golf lifestyle only here at South
Forbes.” |
