THE real estate arm of Aboitiz Equity Ventures Inc. said it expects to generate P1.82 billion in sales revenues from 171 units of the third residential development by Aboitiz Land Inc. at Lipa, Batangas.
Aboitiz Land offers lots ranging from 250 square meters (sqm) to 1,500 sqm in total area.
According to AboitizLand President and CEO David L. Rafael, the recently-launched 12-hectare horizontal project “could not come at a better time for discerning investors.”
Rafael said the Calabarzon region continues to advance in investment prominence with the presence of LIMA Estate in Lipa. He added that the first central business district (CBD) in Batangas will soon rise in the Aboitiz-owned mixed-use economic center.
These existing and upcoming developments have contributed to an impressive rise in value appreciation at 83 percent for Sierra Village and 102 percent for Brook Village—the first two projects of the 49-hectare residential development project.
The firm is selling several lot types at the third project called “Meadow Village.”
These lot types include: “Sunrise” are lots facing the east of the community; “Corner” are lots with an average of 417-sqm cuts; and, “Greenbelt,” which are lots that are typically larger and offer “more expansive vistas of the surroundings.”
Regular lots, meanwhile, typically measure 302 sqm in area. The firm said these lots are highly in-demand as a form of investment property. “Central Park” lots, on the other hand, are located closer to the village’s amenities while “Legacy” lots can be partitioned into smaller properties in the future as heirloom pieces.
The community will have access to recreational and social activities, including its own town center, Aboitiz Land said. It added there are distinctive greenbelts in a network of interconnected green spaces and biking and/or walking paths.
“Complementing the beautiful landscapes are sources of water, bringing visual relaxation,” documents provided by the firm read. “The grassy areas between the sidewalk and the road collect and restrict the flow of rainwater, ultimately reducing flooding and erosion.”
Aboitiz Land said “Meadow Village” is suitable for migrant Filipinos wanting to secure a retirement investment and for parents seeking to leave a valued asset to their children.