Friday, May 23, 2008 [ sunstar.com.ph ]
MORE than 60 percent of the bedroom units at Citylights Gardens Condominium Tower 3 and 4 in Nivel Hills, Apas in Cebu City are already bought by a “good mix” of buyers.
The buyers will soon relish the comfort of the units they have reserved for themselves or for their families as the towers’ Singapore-based developer, Syntech Properties Inc., and general contractor, Primary Structures Corp., are confident that the project will be completed by the end of the year.
While Tower 3 and 4, which are the components of Citylights Phase 2, are targeting multinational company executives and holidaymakers from Europe, Southeast Asia and the United States, the developer realized that there is a “good mix” of buyers, both foreign and local.
“There are many reasons they buy our condominium units. Foreigners would come (to Cebu) to stay, invest or marry Filipinos and buy units for themselves. There are also locals (like those from Maria Luisa Subdivision) who want to invest and buy a unit as their second home. There is a whole range of buyers,” said Janice Ngiam, director of Syntech Properties Inc.
Last Tuesday, Ngiam, together with Syntech Properties Inc. chairman of the board Eugene Yong and Wally Liu, president and chief executive officer of Primary Structures Corp., led the topping off ceremony of Tower 4.
The topping off indicates that a building is about to be completed.
Citylight Gardens Phase 1 project, which includes Tower 1 and 2, was completed in 2000 with 144 condominium units that are already sold out.
“We learned a lot from Tower 1 and gathered feedback for the design for Phase 2,” said Ngiam.
Citylights Gardens Tower 3 and 4, both 20-storey buildings with a Singaporean-inspired contemporary architectural design,
offers 216 units. The construction of the towers started in January 2006.
Buyers have the option of getting a two-bedroom unit with an area of 107.96 square meters or 108.67 square meters. They can also choose a three-bedroom unit with an area of 138.13 square meters or 139.13 square meters.
Syntech Properties, Inc., in a statement, described every unit layout as “carefully designed to maximize the use of internal space and to capitalize on the views of the surroundings.”
The developer also observed that the Phase 2 construction progressed on schedule in the last two and a half years, even though a number of condominium projects in Cebu City, which were launched at the same time as Citylights Gardens, “have been stalled or made no physical progress.”
All four towers sit on a sprawling 4.2-hectare gated community, which involves a combined investment of about P2.6 billion.
Yong said amenities at Citylights Gardens include golf putting green, playground, jogging trail, clubhouse, multi-purpose hall, swimming pools, gym and sauna, barbecue pits, and basketball and tennis courts. (NRC)
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