Developer investing B in property projects

Alpina Heights Properties Corporation (AHPC), a young property developer in the Philippines, is planning to invest up to R2 billion over the next couple of years for the development of its projects.

The firm said these will include the ongoing The Alpina Heights and its upcoming developments in the pipeline as it continues to expand its market consisting of investors and overseas Filipino workers.

In an interview during the soft launch of Alpina Heights Tower Two, AHPC Vice President Rey Caligner said the residential market remains strong and that they would like to further target Filipinos working abroad and those investors eyeing to have a premium residential property at an affordable price as an investment vehicle.

The first Alpina Heights tower was sold out in six months and the company is now gearing itself to focus in selling the second tower within three to four months.

The second tower offers 1-bedroom units with 28 sq.m in size for R2.25 million and 2-bedroom unit with 41.20 sq.m in size for R3.45 million. AHPC said it has positioned itself competitively providing a good value for money proposition.

Located near Sucat Slex exit, in the heart of Parañaque, Caligner said its residents will have easy access to multiple shopping malls and commercial establishments allowing its community to take advantage of this new and emerging economic hub.

“All units come pre-furnished with a split-type inverter air-conditioning unit, induction stove, refrigerator and shower heater. Its power-saving appliances will certainly help conserve energy and lessen electricity consumption, for its residents,” Caligner said.