By MST
Business | Posted on Jul. 31, 2013 at 12:00am | manilastandardtoday.com
Real estate
developer Vista Land & Lifescapes Inc. expects to become a major player in
the vertical segment outside Metro Manila, as it began construction of a
condominium project in Mindanao.
Vista
Residences Inc., the condominium development arm of Vista Land, is now building
its first high-rise condominium property in Mindanao, right in the heart of
Cagayan de Oro City’s central business district.
The Loop in
the bustling Limlketkai Center in Cagayan de Oro City is actually Vista
Residences’ second vertical project in Mindanao. The first is the mid-rise
condominium project called Northpoint along J.P. Laurel Street in Davao City.
Vista Land
said the Loop and the fourth tower of Northpoint, Liverpool, are expected to
generate at least P4 billion in sales upon completion.
The Loop will
have two 25-story buildings called the North and the South Towers, which will
efficiently be connected by an elevated, covered skywalk to the main mall.
The North
Tower will have 522 units, from studio to one-bedroom to two-bedroom and
three-bedroom units. It will cater to almost all income segments, serving the
needs of mid- to upper-middle and high-end income markets.
Down payment
can start at as low as P5,285 a month.
The Loop’s
master-planned towers welcome unit owners and guests with an opulent and
spacious lobby. A Clubhouse, called The Canopy, will house upscale amenity
offerings on the ground level, such as the adult and kiddie pools, play area,
fitness gym and a multi-purpose hall.
The second
and third levels will be the parking pods while the fourth floor will have
garden residential units. The penthouse floor will house the sky gardens.
Residential
condo units will continue from the fifth to the 24th level, with exclusive
penthouse units at the 25th floor. Both towers will have 24-hour concierge
services and advanced security system for residents’ convenience and peace of
mind.
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