Outlet mall gets boost from new expressways
The upcoming Acienda Designer Outlet mall, located in the SilangTagaytay growth corridor, recently got a boost with an announcement from the Department of Public Works and Highways (DPWH) that the Aguinaldo interchange of the Cavite-TagaytayBatangas Expressway (CTBEx) project will be located beside Acienda.
This will make travel from tourists in Metro Manila and the southern provinces faster to reach Tagaytay City and this new Outlet mall located along Km. 48 Aguinaldo Highway in Silang, Cavite.
In an event last July 26 within the ongoing construction of Acienda Designer Outlet, DPWH Sec. Mark Villar
The longest-running and most prestigious real estate awards program announced a record 40 companies nominated in 50 categories for the 13th PropertyGuru Thailand Property Awards 2018.
Among the year’s frontrunners is past winner Habitat Group, receiving seven nods, tied with newcomer ACE Estate Group, and former Best Developer titleholder Magnolia Quality Development Corporation Limited (MQDC).
Other top nominees that received at least five nominations include Apex Development, AP (Thailand), and Altitude Development.
New categories that will debut awarded Metro Pacific Tollways South Management Corporation (MPT) the original proponent status for the CTBEx project, a 50.42-kilometer highway that will connect the West Silang Interchange of the ongoing CaviteLaguna Expressway to Tagaytay City and Nasugbu.
The project, which is estimated to cost P22.43 billion, will have another seven main interchanges including Silang East, Pook, Amadeo, Mendez, Alfonso, Magallanes and Nasugbu. According to MPT South Chief Financial Officer Christopher Lizo, at least two sections of the CTBEx are expected to open by 2022.
Sec. Villar announced that they are this year include Best Senior Living Development, Best Co Working Space Development, Best Home Office Architectural Design, and Special Recognition for Building Communities, for Customer Care, for Design and Construction, and for Public Facility, expanding the scope of the awards.
In addition, a special honor for the 2018 Real Estate Personality of the Year will be presented to one of pioneers of master-planned mixed-use communities in the kingdom, Panote Sirivadhanabhakdi, Group CEO of TCC Assets (Thailand).
Winners will be presented on Aug. 31, at the main ballroom of The committed to fast track this project as it will help ease traffic congestion in the Calabarzon region.
“It will cut travel time to Nasugbu, Batangas, where the usual trip of one hour and 42 minutes will be shortened to 44 minutes, while traveling to Tagaytay through Sta. Rosa will take only about an hour instead of two and a half hours,” Villar explained.
He added that it will boost tourism to the different attractions in the areas, such as the beaches of Nasugbu and the places that are near Tagaytay, such as Silang.
To view the continuing progress that is happening in the town of Silang, Sec. Villar and other VIP guests toured the Acienda Designer Outlet, which is set to open on Oct. 26. The innovative retail destination is set to Athenee Hotel. More than 600 guests are expected to attend the exclusive, black-tie ceremony.
Terry Blackburn, founder and managing director of the PropertuyGuru Asia Property Awards, said: “It is incredible that after 13 years since launching the awards program that it should still be breaking records, with 50 categories to be presented this year. This continued growth is driven by the achievements of relentless developers in the country’s building sector. There is no doubt that Thailand remains a force in Asian real estate, producing innovative and cutting-edge properties for consumers and investors.” offer a different kind of shopping experience, with over 100 outlet stores that will offer shoppers big bargains on branded items.
Silang Mayor Emilia Poblete said that she is confident that these new developments will have apositive impact on the lives of their communities.
“The CALAX (Cavite-Laguna Expressway) and the CTBEx will help bring in more investors. Right now, we have the Cathay Group, which is putting up the Acienda Design Outlet and we are looking forward to it because it will be a destination that will help put Silang on the tourist map,” Poblete said.
For his part, Jeffrey Ng, president of Cathay Land Inc., said that the infrastructure projects will make the unique shopping experience accessible to more Filipinos.
“With the CTBEx, travel time to Acienda will be cut to about 40 minutes from the Entertainment City in Pasay. This will give our customers less time on the road and more time to spend with their families and friends while exploring the property with our curated mix of retail and food outlets,” he shared.
Acienda Designer Outlet, the country’s first true international Outlet mall, offers a well-planned format that is divided into four distinct and picturesque clusters designed to offer leisurely shopping and dining at affordable prices. It is a partnership between Cathay Land and international Outlet developer and operator Freeport Retail from the UK.
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