Century Properties Group, Inc. said it is moving to Batangas for its latest residential project down south, that will transform a property into a fully-integrated leisure, recreational, retail and residential destination in Southern Luzon.
The company is spending an initial P200 million to cover the first phase of the 142-hectare property in Batulao, Batangas, which it said is situated in a cool and hilly section of Batulao, located southwest of Metro Manila right after Tagaytay City and on the way to the beaches of Nasugbu, Batangas.
Century Properties added it plans to maximize the natural beauty of the Batulao property by embracing the concept of New Urbanism into the project’s design and community lifestyle.
“The development will bring the best of both nature and city conveniences, promote a pedestrian culture through bicycle and walking paths, and cultivate an eco-conscious, sustainable, suburban way of life,” the company said in a statement.
Tim Hallett, Century Properties chief operating officer for hospitality and Batulao development project head, said the company will bring its brand of innovations to the project as it builds around the natural terrain to maintain the lush surroundings.
“Our Batulao project will become a new destination that will give you reasons to stay for a meal, a weekend, or permanently as a resident. The boundaries of Mega Manila are now expanding to include transformative suburban communities that promote a progressive way of life in harmony with nature,” Hallett said.
He added, “This development will further expand our offering to the market and will give immense value to our shareholders.”
Phase 1, comprising 36 hectares of the whole property, covers a retail village, market square and commercial center with shop houses, or structures with merchandise on the ground level and residential spaces on the upper floors.
“The exclusive areas within the property include a premiere country club with crystal lagoons, a man-made beach cove and a lake that traverses the entire private residential section of the property,” the company stated.
Century Properties said club members can use its indoor and outdoor facilities, including a spa, specialty restaurant, chapel, banquet hall and pavilion, swimming pools, sports courts and water sports amenities.
“The quiet, serene charm of the Batulao property, coupled with a mountainous terrain and lakes serve as the perfect backdrop for one’s personal piece of paradise,” Hallett noted.
Private residences in the Batulao property will comprise low-rise condominiums and premiere villas. These will cater to second-home seekers and those who prefer to settle in a suburban setting with modern sensibilities.
The master-planned development is part of the company’s strategic expansion in key growth regions outside of Metro Manila, as well as its move to diversify its portfolio into recurring income revenue sources.
In early 2014, Century Properties successfully launched the 8-hectare Azure North community in San Fernando, Pampanga, its first integrated mixed-use development outside of Metro Manila with residential towers, retail and a planned office complex.
“We look forward to announcing more details of our Batulao project soon and our new and exciting developments in 2015,” Hallett said.
Source: Malaya | December 17, 2014