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Developer reports 55% take-up in Negros project

Posted on 08:37 PM, February 03, 2010 [ BusinessWorld Online ]

BACOLOD CITY -- The country’s top developer has sold 55% of the lots in the first phase of Verdana Homes Asyana, its second mid-market residential subdivision in Talisay, Negros Occidental.

Ayala Land, Inc. Negros head Therese Borromeo said the company has delivered its committed facilities and would continue to improve three projects, including the high-end Ayala North Point and Plantazionne, the firm’s first Verdana Homes development in the province.

Following its launch last August, Asyana has sold 63 of 114 lots.

The first phase development, already 30% completed last year, features a landscaped walkway and a jogging path, and a Wind Park for residents to enjoy outdoor breeze, and space that will complement the facilities of the future clubhouse.

Roads, pipe-laying, and entrance landscaping are already in place.

Developments scheduled for 2010 are the construction of a Balinese-inspired clubhouse, landscaping of village parks, and construction of the power supply facility.

Asyana, which has an “Asian Contemporary” theme, is clustered with the Ayala North Point and Plantazionne villages, and will have swimming pools, a multipurpose covered court, a social hall, gym, and play area. Also in the vicinity is the preschool and sports stadium of St. John’s Institute. It is five minutes away from Bacolod. Next to Talisay is Silay City, where the airport is situated.

Ms. Borromeo earlier said Phase 4 of Verdana Homes Plantazionne is already 98% complete and has only 20 lots available.

Last year, Ayala Land sold more than 100 lots from its three residential subdivisions in Talisay, surpassing its goals last year, she said.

The company has also built a first-of-its-kind facility in Negros, the Wetlands Project. The project, which gets energy from the sun, is a natural treatment to reduce pollution levels of wastewater from residences within the subdivisions. -- Nanette L. Guadalquiver


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