Manila Bulletin

Condo project offers ideal investment option in Palawan

- Artist’s perspectiv­e of The Crown Residences. Inside a unit.

Palawan, voted as the “Best Island in the World” by internatio­nal travel magazines, is known as the Philippine­s’ last biodiversi­ty frontier. It’s one enthrallin­g haven, a pristine sanctuary that allows one to get a glimpse of nature’s beauty at its best.

Many investors are similarly smitten by the island as it offers vast opportunit­ies for sustainabl­e business ventures, while others simply dream of having a home here.

Sta. Lucia Land, Inc. (SLLI) can provide the opportunit­y as it offers not only a home in paradise, but also an investment option through its premium condominiu­m developmen­t called The Crown Residences.

It is located in Puerto Princesa, within the six-hectare mixed-use luxury leisure developmen­t that is Harbour Springs, which was conceptual­ized and masterplan­ned by Carino Developmen­t and Management Corp. (CDMC).

According to CDMC president Noel Cariño, The Crown Residences is one of the highlights of Harbour Springs, which boasts of world-class amenities. It is also near some famous tourist hot spots, namely Honda Bay, Crocodile Farm, and Undergroun­d River.

Owning a property in Palawan, specifical­ly at Harbour Springs and Crown Residences can make for a smart, practical investment — whether as a vacation getaway or as a residentia­l home.

“Palawan right now is officially the showcase of Philippine tourism. Here, it’s all about the pristine environmen­t and the diversity of experience. Palawan offers almost everything that individual­s nowadays seek to experience. It has mountains and lush greenery. And there are beaches and islands to explore,” Cariño said.

Improvemen­ts in Palawan’s infrastruc­ture had been more apparent with the upgrading of the Puerto Princesa Internatio­nal Airport and the newly inaugurate­d San Vicente Airport, which make the province and its destinatio­ns more accessible to

Shang Properties, Inc. recently celebrated the topping off of The Rise, its newest upscale residence in the burgeoning art, design, and culinary district north of Ayala Avenue.

The milestone event was attended by Executive Director of Shang Properties’ Wilfred Woo Director of Sales of The Rise Makati Robert Cruz, Shang Properties’ COO and CFO Atty. Karlo Estavillo, Senior Project Director of Shang Properties, Inc. KC Koay, and Senior Project Manager of The Rise Simon Wong.

Also present were Shang Properties partners Vivelya Developmen­t Co. represente­d by Aurora Yu and Corazon Yap and MEC Chairman Laurencito Tu.

The high-rise residence houses world-class amenities to ease the chaos of city living, including exclusive lounges, Pilates and yoga rooms, play areas for children, and open outdoor spaces.

Located in the heart of NoMa or North Makati, The Rise is just a stone’s throw away from a unique mix of galleries, delicatess­ens, indie music venues, one-of-a-kind retail experience­s, and everything in between for the cultural aficionado in the city — from career-oriented profession­als to aspiring artists and busy urban couples — to build the perfect dream home.

Photo shows the executives during the topping off ceremony. foreign and local tourists.

The San Vicente airport in particular is perfect for those wanting to head straight to Palawan’s pristine beaches.

For those wanting to explore the island by land will soon benefit from the ongoing road widening projects from north to south.

Apart from increased accessibil­ity, all these infrastruc­ture improvemen­ts are seen to help the province become an even more attractive investment destinatio­n, thus opening doors for more investment­s that generate jobs and boost economic activity.

At Harbour Springs, one can invest in either the Premier Condotel Suites or the Penthouse Luxury Suites, which measure about 200 sqm a unit, have spacious bedrooms, and are equipped with amenities and facilities for a most relaxing stay.

Before the wet season reaches its peak, now is the best time for homeowners to waterproof their abodes. Begin by checking homes for leaks and cracks — and patch these up before further damage which requires costly repairs.

Leaks and moisture accumulati­on in the home can cause damage to walls, ceilings, and floors and weaken and rot ceilings. Flooring may also peel off and bathrooms and toilets can have ugly, icky-looking watermarks. Worse, concrete walls in the house or the basement can have leaks that can cause more cracks.

Jardine Distributi­on Inc. makes waterproof­ing homes easier with its Super Thoroseal and Waterplug.

Super Thoroseal, a solution that offers long-term protection, is a cement type

The Penthouse Luxury Suites, in particular, offer a unique opportunit­y to own and enjoy a dream five-star property.

With the fractional ownership program or co-ownership program, buyers are afforded the opportunit­y to own a home at Harbour Springs at a fraction of a cost.

Through this approach, multiple buyers can co-own the asset. The fractional ownership program is widely practiced and accepted in internatio­nal markets.

“As a co-owner, you may transfer, will or sell your specific fraction or percentage of the property. There will be a maximum of 12 co-owners in one Penthouse Luxury Suite. This approach offers a practical, affordable and intelligen­t way to indulge in one’s dream destinatio­n,” Cariño concluded. waterproof­ing in non-toxic formula. It can be used in all concrete structures like fish ponds, firewalls, basements, toilets and bathrooms, roof decks, and even concrete water tanks.

It works by seeping into and bonding permanentl­y with the concrete, becoming one with it and effectivel­y sealing pores so that water and moisture are not absorbed. It can also be applied even on wet surfaces.

Complement­ing it is Waterplug, a hydraulic cement that has a mechanical characteri­stic similar to concrete. It is non-toxic and very strong. Once it is set and bonded with the concrete, it can withstand a force of up to 1,500 pounds-per-square-inch (PSI). In comparison, an open faucet has a force of about 40 PSI. Waterplug can also be used to seal cold joints and even anchor bolts of gates and other fixtures.

 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from Philippines