Skip to main content

Robinsons Land Corp Launches 25 story Condominium Project in Cebu

Gokongwei property unit launches 25-story condo project in Cebu


By: Doris C. Dumlao
Philippine Daily Inquirer
11:26 pm | Tuesday, August 16th, 2011

Gokongwei-led Robinsons Land Corp. seeks to boost its presence in Cebu with the unveiling of a 25-story mid-market condominium project across from the University of the Philippines campus in Lahug.

The new project, “Azalea Place,” under the Robinsons Residences brand catering to urban living, offers 407 units for as low as P2.03 million for a 25-square-meter studio unit to as high as P5.36 million for a two-bedroom 56.75-sqm unit.

This will be RLC’s fourth residential project in Cebu. Azalea Place will start construction next year and units will begin to be turned over to buyers by the second quarter of 2015.

In a statement, RLC president Frederick Go said the property developer’s growing number of residential projects in Cebu reflected the growth in the province and the region. “Our company is very bullish about this promising segment.”

“Azalea Place is all about convenience for the market it caters to: start-up families who desire a centrally located home in the metro, close to work, school and recreational areas, investors seeking good returns from a large pool of potential renters, and parents who want to invest in prime property for their children’s future,” Go explained.

The studio units have a floor area of about 25 sqm and will sell for P2.03 million to P2.52 million. The selling price will range from P2.42 million to P3.76 million for the one-bedroom units sized at between 29.75 sqm and 38.5 sqm. The two-bedroom units will be sold for P3.63 million to P5.36 million with sizes ranging from 43.5 sqm to 56.75 sqm.

RLC has put in place affordable payment schemes that allow a buyer to acquire a studio unit for as low as P10,000 a month.

“Azalea Place is the only residential condominium along bustling Gorordo Avenue, making it an ideal home for a market that wants everything within easy reach,” Go said.

Given its strategic location along one of Cebu’s major thoroughfares, RLC sees Azalea Place having a strong potential for rental income for investors such as businessmen and overseas Filipino workers, banking on an army of students, young professionals and urban Cebuano families looking for homes in a convenient location.

Since Cebu is also a leading business, cultural and social hub, RLC also anticipates that there will be many prospective buyers throughout the Visayas-Mindanao region who would want to invest in a home in the “Queen City of the South.”

Featuring a modern Asian design, Azalea Place features units with alternating balconies. It will have a commercial area at the ground floor to cater to residents as well as the surrounding community, four basement parking levels, a business center and library/Wi-Fi lounge, indoor game room, audio-visual room, function and conference rooms, gym, swimming pool, spa pool and a Japanese-inspired gazebo.

The company’s decision to enter Cebu’s mid-market segment seeks to follow on the success of its three other projects in Cebu. It first gained a foothold in Cebu with Robinsons Homes’ Aspen Heights, which it noted as the first themed community in the province. It is also the developer of subdivision lots in Blue Coast Residences, Mactan, under Robinsons Communities; and AmiSa, the first leisure residential community in Mactan under the Robinsons Luxuria brand.

===


AZALEA PLACE - SOON TO RISE along Gorordo Avenue, Lahug, Cebu City :: ON PRE-SELLING! 
WE ARE NOW ACCEPTING RESERVATIONS! 
CALL: 0917 646 8418

To Schedule Site Tour / Viewing - CALL NOW!!!

For any questions, clarifications, computations, unit availability, reservation and site tour/viewing, please don't hesitate to keep in touch on my contact details provided below. Looking forward to hear from you soon. Have a great day ahead.

============
Best Regards;

Mr. Federico "RICO" F. Pandagani III
Account Manager
Robinsons Land Corp. - Cebu Sales Force
Licensed Real Estate Broker
Real Estate Broker License # 2009-1678(N)
WebChat:
YM ID | SYPE ID: rico.robinsonsland
Website:
Visit Us here: Philippines Property Listings
Call/SMS:
Local: 0917 646 8418 | 0933 158 3958
International : +63 917 646 8418 | +63 933 158 3958
E-mail:
Gmail: rico.robinsonsland@gmail.com | Hotmail: rico.robinsonsland@hotmail.com
Labels:

Comments

Post a Comment

Popular posts from this blog

JG Summit among Forbes’ top 50 Asia-Pacific companies

JG Summit among Forbes’ top 50 Asia-Pacific companies By: Doris C. Dumlao Philippine Daily Inquirer 2:57 pm | Tuesday, September 13th, 2011 MANILA, Philippines—Gokonwei-led conglomerate JG Summit Holdings landed on Forbes Magazine’s list of 50 “best” publicly traded companies in Asia-Pacific, the only company from the Philippines that made it to the Chinese-dominated roster. In a recent special report, Forbes Asia included JG Summit in its list of Asia’s “Fab 50” companies, an annual ranking that the magazine has been making since 2005. JG Summit had a market value of $3.9 billion and an annual turnover of $2.7 billion, the report estimated. China produced 23 or the biggest bulk of the companies on the list. “The story of Asia is increasingly the story of China and this year’s list of the 50 best publicly-traded companies in Asia-Pacific certainly reflects that,” the report said. In 2010, China claimed only 16 slots but as the country’s real estate, construction, auto-maki
1 comment
Read more

Robinsons launches mall, mixed use complex in Cebu

A third Robinsons mall in Cebu officially broke ground at a 4.6 hectare lot along General Maxilom Avenue in Cebu City yesterday, part of a development worth over P5 billion. In a press conference, Robinsons Land Corp. president Frederick D. Go said Robinson’s Galleria Cebu will have 300 tenants offering international and local product brands and services. “We are investing over P5 billion for the development of the whole property which will include a Go Hotel, a BPO (business process outsourcing) building and four residential premium condominium towers,” said Go. Go said the new project will be the third Robinson mall in Cebu after Robinsons Fuente and Robinsons Cybergate Cebu and the second mall in the country that is issued the “Galleria” brand. Aside from anchor tenants like Robinsons Department Store, Robinsons Supermarket, True Value, Robinsons Appliances, Saizen and Toys R’ Us, the mall will house six cinemas including two 3D theaters with a total seating ca
1 comment
Read more

JG Summit Earnings Surge by 77% in the First Quarter

PROFITS OF JG Summit Holdings, Inc. surged by 76.7% to P4.91 billion in the first quarter of the year, propelled by the strong performance of subsidiaries and gains from its stake in the Philippine Long Distance Telephone Co. (PLDT), a disclosure to the local bourse yesterday showed. “[This] includes the net income from discontinued operations of Digital Telecommunications Philippines, Inc. (Digitel) of P397.76 million,” the disclosure read. “Dividend income from our investment in PLDT amounting to P1.90 billion mainly contributed to the higher net income for the period,” it added. Regulators last year approved PLDT’s takeover of Digitel, which operates Sun Cellular. Consolidated revenues went up by 13.9% to P33.48 billion from P29.41 billion “due to the strong performance of all business units.” Food and beverage arm Universal Robina Corp.’s net income attributable to equity holders more than doubled to P2.2 billion in the first quarter on the back of strong domestic and i
Post a Comment
Read more