The ever-expanding industrial component of CLIP is ready to take in new locators that will set up the most modern, safe, and highly competitive manufacturing, logistics, warehousing, cold storage and commissary operations.
Yes, the Cavite Light Industrial Park (CLIP) in Silang, Cavite is more than ready and able to absorb the expected spike in demand for logistics, industrial and suburban residential spaces brought about by the shift in preference for safe and accessible integrated communities due to the Covid-19 pandemic.
Those confident and comforting words come from Jeffrey Ng, president of Cathay Land, a dedicated economist, president of the University of the Philippines School of Economics Alumni Association (UPSEAA) and past chairman of Subdivision and Housing Developers Association (SHDA).
From globalization to localization
“In view of the present global events, the presence of Covid-19, and with the China-US trade war, multinational companies from the US, Europe, Taiwan, Korea, and Japan are now forced to leave China and they’re looking for more hospitable places where they can put up their factories,” Ng shares in a one-on-one Zoom interview with The Philippine STAR’s Property Report. “I think this is a very good chance for the Philippines to take this opportunity to grab some of these factories. And then, with the end of globalization, we’re going to see more localization, which means countries would be looking forward to longer supply chains unlike before; thus, there would be a demand for more warehouses, factory sites. The third trend under the new normal is that e-commerce is more relevant than ever.”
Ng takes us on a virtual look-see of the Cavite Light Industrial Park, an 80-hectare world-class industrial estate being developed by leading estate developer Cathay Land. Through CLIP, Cathay Land throws its full support behind the government’s Balik-Probinsya Bagong Pag-asa program by providing the infrastructure that would generate jobs for those who want to move out of the city and live and work closer to home with their families.
With its ever-expanding industrial component, CLIP, says Ng, is ready to take in new locators that will set up the most modern, safe, and highly competitive manufacturing, logistics, warehousing, cold storage, and commissary operations.
“With the pandemic, I think countries need to ensure the security of their food,” Ng asserts. “Whether it’s rice, meat or other food products, countries need to protect the food security of their own population. These days, with the vulnerabilities in the supply chain, there is more than ever a need to strengthen local supply chains, especially food, cold storage, food processing, and even medical supplies. We have a COVID-19 pandemic and suddenly, the Philippines has to import all our face masks, PPE, and other equipment from China and other countries. So, I think we have to incentivize companies to produce locally because, as long as we don’t have a vaccine, we would be in need of all these medical supplies.”
Location, perfect location
The Cavite Light Industrial Park has just the perfect location. “We’re bounded by several big highways and expressways, like CALAX (Cavite-Laguna Expressway), CTBEX (Cavite-Tagaytay-Batangas Expressway), SLEX (Southern Luzon Expressway),” Ng points out. “We’re in the middle of all these infrastructures that are being put up in Metro Manila and Southern Luzon, especially in the Cavite, Laguna, and Batangas area.”
Ng notes that there’s an abundance of skilled work force in the Calabarzon area. “Some phases (in CLIP) are already finished. Those who want to put up their own factory or warehouse can start and build immediately.”
As we shift to the new normal of doing business, CLIP’s industrial and commercial components are in place to welcome locators. Fact is, CLIP has been generating waves of interest from investors that it is rolling out more lots. With the high take-up of the recent two tranches of CLIP Phase 2, additional nine lots were immediately added to fill the demand. Lots were sold out in six months and 15 more lots were added, which are not expected to be in the market for long.
The most recent additions are either exclusively for industrial purposes or mixed-use industrial commercial estates, selling at an average of P9,000 per sqm., with lot sizes ranging from 2,500 to 5,200 sqm.
A residential haven, too
Welcome to CLIP’s residential haven: the Mallorca Villas, which are designed for professionals, businessmen, expats and executives who would certainly want bigger houses and spaces where they can conveniently work from home and where their children can study online. And certainly, where they could enjoy precious bonding time with their families.
CLIP and Mallorca Villas make up the dream township that is Mallorca City. Inspired by this Spanish-Mediterranean resort city, Mallorca township is the perfect commercial and institutional locator for essential retail establishments, schools, clinics, and support services within a safe and well-guarded community.
In light of the pandemic, Cathay Land, under the able helm of Jeffrey Ng, has taken fresh and healthy initiatives to provide a safe and modern environment for CLIP locators and residents. “We have our own residential component and commercial areas, so it’s really a work-live-play integrated township,” says Ng. “We have in close vicinity very good schools, like the Singapore International School in Silang and Brent International School in Biñan, Laguna. We think this new trend of working from home would also be quite ideal if, instead of working in cramped condo units in Metro Manila, you can have a three-bedroom unit in your own house and lot in Mallorca City.”
Indeed, Mallorca City township brings the promise of a better quality of life. And much better air quality, too: Feel the cool breeze wafting in from Tagaytay and regale in the refreshing view of Laguna Lake.
“You don’t have to turn on the aircon,” Ng says. “I think people now would like to live in an integrated suburban township instead of being cooped up in a high-rise tower in Metro Manila these days. And then they have to go back to their high-rise office tower. If they come to Mallorca City, at most it’s just a walk-up of two stories, no need to take the elevator for those who are wary of entering elevators.”
Again, Ng takes us for a look-see of CLIP, this time two years from now (when the pandemic is hopefully long gone and we’ve learned priceless new lessons from the once-new normal). “I see it as a thriving, bustling city,” Ng muses. “People will have put up their factories, warehouses, logistical supply centers. I look forward to when it will be employing tens of thousands of workers and Filipinos already contributing to the economic growth of the country while our products are being stored, manufactured, and distributed not only to the entire Philippines but also worldwide.”
A beaming Jeffrey Ng is happy to add, “We’re grateful that we’re given the chance and opportunity to contribute to nation-building and we have the right product during this time of the pandemic. It is said that during a crisis, there are dangers and opportunities. We would like to turn this crisis into an opportunity to help the country at this moment of great need.”
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Aspiring entrepreneurs and homeowners can learn more about investing in Mallorca City’s CLIP project by calling Cathay Land at 88780188.