Ayala Land generates 9-B sales from Anvaya

Ayala Land Premier has sold over 80 percent of its inventory in top-end leisure development Anvaya Cove to generate almost 9 billion.

In a press briefing, ALP head Jose Juan Jugo said sales stem from investments in neighborhood lots, townhouses, and low-rise condominium units as well as beach and golf club membership shares.

He said the sales (over the last 9 years) are remarkable considering the project is in Morong, Bataan. The bulk of revenues were generated in the last six years, boosted by improved access to Metro Manila via the Subic-Clark-Tipo Expressway.

The 470-hectare Anvaya Cove is Ayala Land Premier’s first venture into leisure real estate development. It is both a seaside resort and a mountain retreat with a 3.5-km coastline and two private coves.

The exclusive property offers a variety of living space options from low-rise condominiums and maisonettes, ranging from 6 million to 25 million; to 400 sqm to 1,500 sqm lots which start at 5 million, where residents can build their own houses.

“This year, we have also seen a 58 percent year- on-year growth spike in sales from real estate and golf club shares worth 400 million, attributed to both domestic and foreign investors,” said Jugo.

The 18-hole Anvaya Cove golf course was recently recognized as the “Best New Course in Asia” by Asian Golf Monthly magazine, a member of the Asia Pacific Golf Group, one of the premier organizations of golf enthusiasts in South East Asia.

On the other hand, Anvaya Cove Beach and Nature Club has amenities that cater to adults, children, and even the serious athlete such as adventure trails, pools, spas, and functions rooms, among others.

Residents have the option to buy either beach club shares, starting at

800,000, or golf club shares from 1.45 million.

Since its grand launch in December 2013, Anvaya Cove Golf and Sports Club has sold 750 shares while the Anvaya Cove Beach and Nature Club reached 1,650 shares.

“No residential leisure development in the Philippines has come close to Anvaya Cove. And we plan to raise this lead further by consistently improving on our product offerings, while maintaining a gold standard in our beach and golf club services as we gear up to launch more residential projects and amenities until full development completion in 15 to 20 years,” said Jugo.