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Discussion Starter · #1 ·
maybe its time to create a separate thread for this :eek:kay:

http://www.ceburealestateguide.com/spianada-condo.php


Company invests P500M in condominium project
Comment| More | By Katlene O. Cacho

Thursday, November 11, 2010

CEBU’S robust economy and the growth in tourism, business process outsourcing and investments from overseas Filipino workers are reasons the real estate industry of Cebu is growing, a local developer said.

Nexland Estate Ventures Inc. managing director Harley Yunam said real estate developments in the country is robust, citing expansion projects particularly in Cebu.

“As opposed to the past years, the real estate industry of the country is now growing.

For Cebu in particular, we are now seeing big players from Manila coming to do some expansion of their real estate projects here. This just signifies that Cebu has become one of the most favored destinations for real estate developments,” Yunam told Sun.Star Cebu.

Spanish-inspired

Yunam said Cebu’s robust economy prompted Nexland Estate Ventures Inc., a subsidiary of Exeland Inc., to pour in P500 million in investments for the construction of its condominium project in midtown Cebu.

Spianada, which will be launched today, is a Spanish-inspired development located on Sepulveda St. near General Maxilom Ave. It is a 10-storey, four-tower, mid-rise condo development with 64 units each.

Yunam said the project is meant to offer a mid-priced condo and high-end quality units. The units range from P1.4 million to P4 million. The project features three unit types--- a studio unit with a floor area of 22 square meters (sqm); one-bedroom unit with balcony with floor area of 38.50 sqm; and two-bedroom unit with balcony with floor area of 58.50 sqm.

The project’s amenities include a fitness center, a clubhouse and a function room.

Yunam reported that the company has started marketing its first tower, which is targeted to be delivered by December 2012. The completion of the entire condo project is expected by 2015.

More affordable

Yunam said they hope to sell to returning overseas workers, young professionals and local investors from neighboring provinces.

“Condo development is growing now because it is more affordable than acquiring a house and lot. The bank has also been aggressive in lowering interest rates, making loan applications easier,” he said.

Aside from Spianada, Yunam said the company will also be building a 16-storey condo by the beach in Mactan next year with more than a hundred units.

The company already bought a 3,000 sqm. property in Mactan and it intends to position the project for the middle market.

“We wanted to give the middle class the chance to own a condo by the beach,” Yunam said.
 

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Discussion Starter · #3 ·
^^
welcome. murag tanaw nako luyo ni siya sa lighthouse restaurant.
 

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Discussion Starter · #5 ·
^^
right sir bets. pero sige na lang nindot man pud ang design. manindot na gyud samot ang mango ani with these various upcoming projects. :cheers:
 

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Discussion Starter · #7 · (Edited)
^^not so sure kung asa gyud exactly ang site but sepulveda is in brgy zapatera sir. mas matultulan nimo kung ari nimo agion sa mango kanang eskina UCPB lapas na sa USC-NC. mo-right turn ka mao na ng Rahmann St. then liko pawala mao na ng sepulveda. medjo residential area man ni siya maong suoton. an g tumoy aning dana kay murag mango park hotel. naa man gud creek dinha dapita maong dili siya kalahos sa mango ari pa nimu agion sa rahmann or kung pabor ka sa jakosalem pwede gihapon.
 

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Discussion Starter · #9 ·
thanks bai SUV. base from the color combination and design, its almost similar to elizabeth hotel cebu. :)
 

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Dalagang Cebuana
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^^not so sure kung asa gyud exactly ang site but sepulveda is in brgy zapatera sir. mas matultulan nimo kung ari nimo agion sa mango kanang eskina UCPB lapas na sa USC-NC. mo-right turn ka mao na ng Rahmann St. then liko pawala mao na ng sepulveda. medjo residential area man ni siya maong suoton. an g tumoy aning dana kay murag mango park hotel. naa man gud creek dinha dapita maong dili siya kalahos sa mango ari pa nimu agion sa rahmann or kung pabor ka sa jakosalem pwede gihapon.
di ko ganahan sa ila site. mura ug sudlonon ra kaayo. :bash::bash: why not built this project sa mactan para mo blend kini sa mga resorts didto. and then the proposed 16 storeys ay sa cebu city tukuron.
 

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Sniper08
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di ko ganahan sa ila site. mura ug sudlonon ra kaayo. :bash::bash: why not built this project sa mactan para mo blend kini sa mga resorts didto. and then the proposed 16 storeys ay sa cebu city tukuron.
bagay nga ang design sa mactan. pero ok na rin yan, dagdag pogi points na naman sa city :)
 

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A new residential condominium that will rise in the middle of the City of Cebu, it's within a residential area and it's a walking distance to Univ of San Carlos North Campus(boys high). The price is cheaper @ Php62k per square meter... than most of the condominiums being constructed at present in Cebu City!!! The name is SPIANADA!!

The location is bounded by the following streets: Sepulveda St, Benedicto St & Rahmann St!!

I am attaching here the perspective of the condominium. The developer has constructed a condominium in Guadalupe already, and another one in Talamban!

For initial information, the different units being offered are:
Studio Unit, at 22sqm (Php 1,364,000.00) & 27.50sqm (Php1,705,000.00)
1 BR Unit, at 35sqm (2,170,000.00) & 37.50sqm ( Php 2,400,000.00)
2 BR Unit, at 55sqm (3,520,000.00) & 56.75sqm (Php 3,632,000.00)
 
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