Real Estate + Properties

Real Estate News Roundup (August 2019)

Check out this month’s roundup of property news to keep yourself updated on the real estate scene!

By: Shanice Reyes | August 06, 2019
Share this article
facebook-logo facebook
twitter-logo twitter


property news, real estate, condo, housing

Stylish living gets easier and easier to achieve nowadays, as more property developers feature unique interior designs to attract more investors and residents. Livingsprings Communities in Quezon City is one such developer, highlighting a Pacific modern aesthetic in its 10 Acacia. Meanwhile, P.A. Properties partnered up with Hankyu, a Japan-based firm, to build two residential communities in Cavite. As for related news in real estate, the Insurance Commission has finally released the rules that allow insurance companies to invest in REITs. Read the rest for more information about the latest property news.


Project Announcements


10 Acacia: a Pacific modern-themed condo in Quezon City

10 Acacia, a ten-story residential building, is the ongoing development of Livingsprings Communities Realty and Development Corporation in Quezon City. The low-density condominium will open 184 units, ranging in size from 26.75 square meters to 56.70 square meters and in cost from PhP2.6 million to PhP7 million. 10 Acacia gives future residents an option to choose from a spacious studio, one-bedroom, two-bedroom, and premium two-bedroom unit.

The mid-rise residential development follows a modern Pacific theme. It will feature wood finishes that represent the identity of Filipinos as a tropical country and glass which shows a lot of light. A gym, a pool, a penthouse, a rooftop with a jogging path, and a tree-covered meditation area are the other amenities that can be used by unit owners. The building is also near schools, business hubs, and leisure centers. 10 Acacia held its groundbreaking ceremony last year and it is expected to rise completely in 2022 [1].



Two Residential Properties by Hankyu and P.A. Properties

Hankyu Hanshin Properties Corporation (HHPC), a Japan-based property firm, agreed to partner with Laguna-based P.A. Properties and Development Corporation (P.A. Properties) to pursue two residential projects in Dasmariñas, Cavite. A total of 948 residential units will be built, 648 units for Idesia Dasmariñas and 300 units for Idesia Heights.

60 % of the house units at Idesia Dasmariñas were already sold. The starting price of a unit costs PhP2 million, and the size of the units range from 42 square meters to 63 square meters. Idesia Dasmariñas and Idesia Heights are both scheduled to be completed in 2024. The joint venture has a total of PhP1.8 billion investment, PhP700 million from Hankyu and PhP1.1 billion from P.A. Properties [2].


Newsletter Banner
author
About Shanice Reyes
Shanice Reyes writes to buy herself good coffee and bike parts. When she's not writing, you can find her playing Ultimate Frisbee, traveling to new places, or hanging out with her dogs and tarantulas. Though she has an irrational fear of heights, she'd love to try sky-diving one day.
Learn more stories on:
Location Tags:
Disclaimer: All articles in the Consumers Magazine of Yoorekka are for general information and entertainment purposes only. Although careful research has been made in writing them, Yoorekka does not make any warranty about the completeness and accuracy of all information presented in our articles. Our content is not intended to be used in place of legal, medical, or any professional advice.
MORE STORIES AROUND THE PHILIPPINES
Follow Us On:
Facebook
Twitter
YouTube
Instagram
Home
Advertise
About Us
Privacy Policy
Register My Store
HTML Sitemap
Submit My Favorites
XML Sitemap
Terms and Conditions
FAQ Page
Copyright 2013 - 2024 ShoppersGuide Marketing Inc. All Rights Reserved
This website uses cookies to enhance the user experience. For more information please see our privacy policy