CENTURY Properties Group (CPG) will embark on a vertical development project on its 142-hectare Batulao Artscapes project, according to a major official of the company.
“CPG will construct a P12-billion low-rise condominium in Batulao Artscapes in the next three years,” said Tim Hallett, head of CPG’s leisure, tourism and hospitality division in an interview with reporters on the sidelines of the Road Trip to Batulao event on November 24.
The five-story project is going to be attractive to buyers who want to explore business prospects in the Tagaytay area. “I would imagine the condominium would leasable product and more for more investment,” said Hallett. The project is expected to be finished in three years.
As far as the first phase of development of Batulao Artscape is concerned, Hallett said the company is satisfied especially the sales personnel as demand for suburban living among residents in the cities is growing.
In October CPG announced that it has presold 477 vacation homes worth P2.94 billion within the first 36 hectares of the development, which in total will offer approximately 2,247 homes.
“The acceptance of the product is amazing,” he said.
Hallett said CPG sees big opportunities in suburban development as Batulao Artscapes houses’ done by Revolution Precrafted, as more and more people want to live outside the cities.
Construction of the first phase is in full swing with the first batch of homes targeted for completion in early 2019. Hedera homes by Kenneth Cobonpue are currently under construction, while Polygonal Successions by Ed Calma will start in December.
Hallett said Batulao Artscapes is being positioned to be arts and culture not only in the country but in the Asean region, as well. “We also want Batulao Artscapes to be a wedding destination, a site for sports activities and host of team-building activities by companies.”
Recently, CPG organized the Batulao Artscapes to promote awareness on the project.
“Batulao Artscapes is a unique celebration of active, meditative, creative and festive attractions. It is a development like no other—grounded in natural beauty, shaped by the arts and informed by design. For the first time, you can own a home in an art park, in what would otherwise only be a weekend getaway someplace else,” said Hallett.
With art as the driving force behind the entire project, Batulao Artscapes features designer homes by Revolution Precrafted. Aside from Calma and Cobonpue, other notable Filipino and international names include Budji Layug and Royal Pineda, Daphne Guiness and Studio Libeskind Design.
Completing the livable art park concept are vacation amenities. The Active component includes bike and jogging trails, a man-made beach, a sports park and wellness hotel. The Meditative component features a man-made lake for paddle boarding, clubhouse for yoga, spa and other wellness facilities. Festive includes a Flavor Park with fresh food and beverage concepts, and a floating chapel for weddings. The Creative component includes the Art Park with pavilions and a maze, plus four Revolution Museums by Pritzker Prize-winning architects (museums for performing arts, visual arts, art and technology, and design and architecture).
With only a 1.5 to two-hour drive from Makati, Batulao Artscapes is easily accessible via four points—through Daang Hari Road toward the scenic Nasugbu-Kaybiang Tunnel, the Star Tollway to Tanauan Exit, the South Luzon Expressway (Slex) and Cavite Expressway (Cavitex).
When the 49-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEx) is completed in mid-2022, travel time to nearby Tagaytay City will only take less than an hour.