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Vista Land to infuse P400M into Pasig project

01/16/2012 [ tribune.net.ph ]

Listed housing developer Vista Land and Lifescapes is set to spend P400 million to build Camella Condo Homes Pasig.

Vista Residences COO Maribeth Tolentino said CCH-Pasig will be a single mid-rise 10-storey residential project developed on a 1,271 square-meter sqm lot along Mercedes Avenue which is in the heart of Pasig City.

CCH-Pasig will offer 171 studio and two-bedroom units with balcony, with an option to combine units. The studio units will have a floor area of 21 sqm while the two-bedroom flats will have a space of 42 sqm.

Studio units will be available for P1.4 million while two-bedroom units will sell for around P3.5 million. Camella Condo Homes will offer easy payment packages with installments of as low as P8,000 a month.

“CCH-Pasig is strategically-located as it has easy access to the work hubs of Ortigas, Bonifacio, Makati and Quezon City as well as schools and various malls,” Tolentino said.

However, she noted that the convenience of inner-city often comes with a high price for new locators since leased apartments and condos demand steep prices. Thus, Tolentino said Vista Land has decided to enter the market with the affordable CCH-Pasig, which has rates that are easy on the pocket.

She said the project will make an ideal home for young professionals of 25 to 35 years old or couple of 40 to 50 years old who have children in college.

CCH-Pasig is designed to highlight modern features such as cross ventilation and central air vents that allow air and light to pass through every floor for a more eco-friendly lifestyle.

The building will have four commercial units at the ground floor to be leased to establishments that will serve homeowners. It will also be Wi-Fi ready with its own recreational amenities such as clubhouse, basketball court, swimming pool, and parks and playgrounds.

Tolentino said the building’s area perimeter is fully-fenced with 24-hour security and an entrance gate with CCTV system. Fire exits are planned to be located at both ends of the building as a safety feature while a modern underground drainage system will be in place for efficient flood control. Danessa O. Rivera
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