Rockwell to launch two projects worth

Rockwell Land Corporation is launching two residential projects that are projected to generate R12 billion in revenues while undertaking two expansion projects in Makati and Cebu.

“This year is turning out to be another hectic but promising one for us as we launch new projects and expand our current developments,” Rockwell president Nestor J. Padilla said in an interview.

Padilla explained that “we considered 17 key properties, set our sights on 7 and successfully closed 4.” The company said they have recently acquired two prime residential properties as well as two properties for commercial development.

These two properties will be introduced under Rockwell Primaries, Rockwell’s subsidiary catering to the broader market segment.

“After the launch of 53 Benitez, Rockwell Primaries’ flagship project, we are set to develop properties in new locations in Pasig City and Sucat, Muntinlupa City,” said Padilla.

This year, the company plans to launch “The Vantage at Kapitolyo”, a half a hectare lot located in Barangay Kapitolyo, Pasig City. It will be Rockwell Primaries’ first high-rise development.

The second project is a 6.5 hectare premium piece of property located along Sucat, Muntinlupa which is planned to be an exclusive condominium village for families.

Padilla said “East Bay Residences will be our new project in Sucat. This is Rockwell Primaries’ biggest acquisition and biggest development to date.”

East Bay Residences will be launched in the second half of this year while The Vantage at Kapitolyo will be launched in the third quarter. Padilla said these two projects will provide the company with inventory good for five to seven years.

Meanwhile, Padilla said “we will see the launch of the fifth and final tower of The Proscenium by September. Phase 2 of our 32 Sanson project in Cebu will also be launched as we continue to explore further growth prospects and potentials in Cebu City.”