Tuesday, August 5, 2008 [ philstar.com ]
Highlands Prime, Inc. (HPI), an upscale leisure development firm controlled by the SM Group of retail tycoon Henry Sy, is settting aside P2.2 billion this year and next for the development of new projects including a condotel within the exclusive Tagaytay Highlands.
In a statement, HPI said the condotel will be located at one of the highest locations of Tagaytay Highlands with a 360-degree view of Taal Lake, Mt. Makiling, Laguna de Bay and Palace in the Sky.
The condotel will showcase fully-furnished studio type rooms up to three-bedroom units. Owners who will not use their units may leverage the management to rent and manage their property as it would any other hotel room.
The focal point for this destination lodging will be a community plaza boasting of shops, cafes, food and beverage outlets and weekend bazaars.
In the pipeline is Pueblo Real, which will feature Mexican-themed homes.
HPI aims to enhance its developments in both the Highlands and Midlands complexes in the next five years by building homes that will answer the varied needs of Tagaytay Highlands’ distinguished clientele.
Among the projects that are almost ready for turnover this year are The Woodridge Park, a medium-density, Colorado resort-inspired condominiums and The Hillside, the first residential lot development featuring owner-designed log homes both located at the Highlands complex.
The Hillside, overlooking the Canlubang Estates, is the first residential lot development at the Highlands complex.
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