The outlook on residential developments in Cebu province remains promising despite setbacks due to the pandemic.
Infrastructure projects in the pipeline are expected to boost the region’s economy and drive property value appreciation. Big-ticket developments include the Cebu Monorail, Cebu Bus Rapid Transit, Metro Cebu Expressway, and the Cebu-Cordova Bridge, investments seen improving mobility, employment and land values in the province.
Cebuano roots
AboitizLand takes pride in its Cebuano roots, where it began developing simple subdivisions in the mid-1960s. It helped spur Cebu’s economic boom by developing two highly successful industrial parks: West Cebu Industrial Park in Balamban, now known as the shipbuilding capital in the Philippines, and Mactan Economic Zone II, developed in partnership with Mactan Cebu International Airport Authority.
Today, AboitizLand boasts an impressive record in property value escalation in its projects such as North Town Homes, North Town Woods, Mahogany Grove, Molave Highlands, and Kishanta Zen Residences.
Its master-planned mid- to high-end residential projects in Cebu are well-located outside congested urban centers and yet conveniently near enough to the city. Nature is seamlessly incorporated in every property, with thoughtful Filipino-inspired aesthetic touches.
Residential projects
Apart from AboitizLand’s signature master-planning, some of the factors that influence the price appreciation of the company’s properties are location and future developments in the area.
Lauded as the Best House in VisMin at The Outlook 2019: Philippine Buyers’ Choice Property Awards is Amoa, with its stunning mountain and sea sights. Situated in barangays. Tamiao and Cabadiangan, Compostela, it is one of the developments with the most amenities in the north of Cebu. Since it is located along Segment 2 of the future Metro Cebu Expressway, property owners there will benefit from reduced travel time between Naga and Danao cities.
Another noteworthy development is Ajoya Cebu, located near the Cebu-Cordova Link Expressway.
AboitizLand’s first integrated vertical urban village in Mabolo, Cebu City is the urban lifestyle community Persimmon, which houses the Persimmon Studios — professionally-furnished units. The neighborhood is a few minutes’ walk away from Cebu Business Park.
The company helps to fast track the process of property ownership in these challenging times through special discounts and easy payment schemes to encourage home seekers to make their dream home a reality. Amoa currently offers an 18-month installment promo; Pristina North, Priveya Hills, and Foressa Mountain Town currently offer up to P5 million off for aspiring high-end homebuyers. Persimmon currently offers its ready-for-occupancy units at easy move-in financing schemes.
Over the years, AboitizLand has expanded in key growth centers in Luzon such as The Villages at Lipa and Seafront Residences in Batangas and the Ajoya communities in Central Luzon.
But it continues to strengthen its foothold in Cebu where it nurtures deep roots. In the post-pandemic era, the visionary company carries on its role in nation-building and, perhaps more profoundly, in upgrading the ways Filipino families live.
