Mandani Bay tops off four towers
On track with its completion timeline, Mandani Bay, the premier and one of the largest townships in Mandaue City, has topped off four of its towers that provide additional residential units and office space supplies in Metro Cebu's overall portfolio.
Jointly developed by Hongkong Land Limited and Gaisano-led Vicsal Development Corporation’s Taft Properties, the completion of four towners at Mandani Bay registered a combined valuation of P38 billion.
“To this day, we continue to have confidence in this great opportunity to craft something that will engender pride of place and set unprecedented standards in property development,” said Frank Gaisano, HTLand president.
The recently topped-off towers under the Mandani Bay Quay banner bring a total of 3,325 residential units, and One Mandani Bay likewise opens up another 217 office spaces.
Mandani Bay, a 20-hectare seaside township project, also recently completed the Mandani Bay Suites, which have been fully turned over to unit owners.
According to Jeffrey Lun, Mandani Bay project advisor, the company is currently drawing plans to activate its retail component and other features within the mixeduse waterfront project.
Currently, the company is on the continuous construction of the retail strand Mandani Bay Boardwalk and Mandani Bay Quay phase has elevated Mandani Bay’s total investment for the masterplan project to P130 billion.
Most units of Mandani Bay Quay’s first condo tower have balconies, while units of the second tower are semi-furnished, giving unit owners enough room for customization. All units of the third tower, on the other hand, are fully furnished.
The One Mandani Bay office tower is poised to become Cebu’s upcoming premier business district. Recognized for its commitment to sustainability, the tower has received accreditation from both the Philippine Green Building Council’s Berde Program and the Philippine Economic Zone Authority (PEZA), confirming its status as an environmentally responsible hub for business activities within Metro Cebu.
“When we started, our admiration for our partners fueled the commitment to undertake the partnership.As we progressed on Mandani Bay, the admiration grew and with it, in leaps and bounds, a deep respect for the capability of HT Land to deliver,” said Steve Ho, director for corporate finance of Hong Kong Land, Ltd.
Mandani Bay stands as a premier development, showcasing its commitment to delivering top-notch living and working spaces in Metro Cebu.