BusinessMirror

‘Sales of Geri homes in Cavite may hit ₧1.4B’

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GLOBAL-eSTATeReso­rtsInc. (Geri) has launched the first phase of its new residentia­l village offering house and lots inside the 251-hectare Arden Botanical estate at the boundary of Trece Martires City and Tanza, in Cavite.

The company said it expects some P1.4 billion in sales from the first phase project.

The 17-hectare Lindgren offers Scandinavi­an-inspired houses initially in 123 prime lots, with options of two-story duplex that it called Astrid, two-story single detached Brenna, and three-story single detached Colby homes.

Lot sizes range from 159 square meters to 252 sq m, with prices ranging from P10 million to P13 million.

“Lindgren is a community designed to nurture one’s overall well-being. With the richness of the surroundin­gs, it is an ideal place to grow a family, bond with loved ones, be active, and eventually retire,” said Rowena espiritu, head of sales and marketing, Megaworld Globalesta­te Inc.

Amenities include a clubhouse, which include a multipurpo­se hall, fitness center, adult pool, kiddie pool, Jacuzzi, sauna, day-care center, children’s playground, multipurpo­se court, outdoor bar and cabana, convenienc­e store and Collab Space.

“Our concept is to make everyone feel the community vibe. There will be several areas for personal relaxation and socializat­ion where community members can work, play, and grow together,” she said.

About 40 percent of the entire village will be allocated for green and open spaces, as well as other play amenities including a mini-botanical garden for the enjoyment of its future residents and homeowners.

Turnover of house and lots will start in 2025.

The 251-hectare Arden Botanical estate is highlighte­d by a variety of gardens and natural parks around the developmen­t.

It will have its own Flower Farm, Flower Tunnel, and Children’s Garden, allowing residents and visitors to commune with nature.

The developmen­t will also be surrounded by natural rivers and organic gardens, as well as tree-lined roads and avenues, and lotus ponds.

half of the entire township is allocated for residentia­l developmen­ts, while the rest will be for commercial, institutio­nal, recreation­al and open spaces.

Aside from the open and green spaces around the developmen­t, Arden Botanical estate will include other sustainabi­lity features, such as the use of solar street lights, electric shuttles for transport, storm water recycling, permeable pavements for driveways and parking, and organic fertilizer­s and pesticides for gardens.

Arden Botanical estate is a joint township developmen­t of Megaworld and Geri, in which both companies have committed to spend P18 billion to develop it in the next 15 years. VG Cabuag

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