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Filinvest Land bullish about Davao market
Tristan Las Marias,
"We are in the process of looking for more properties in the city that are near workplaces," he said at the weekend, adding that the trend is for employees to live near their offices to minimize transportation expenses.
The company is building another condominium in a three-hectare area across the NCCC Mall of Davao in Matina. It has seven projects in the city, with investments worth P15 billion since 2000.
But the City Council has rejected
He said the city continues to be investor-friendly, noting that
"We continue to be bullish about the property market in the city," Mr. Las Marias said.
SOURCE: www.gmanews.tv
Thursday, May 29, 2008
Unit Types
Filinvest Land building ‘businessman’s hotel’
Filinvest Land, Inc. will start building within the next four months a hotel for businessmen.
"A businessman’s hotel is a hotel that does away with other amenities except for those important to businessmen," said Tristan Las Marias, Filinvest vice-president for Visayas and
He said the hotel would not have convention halls and similar facilities. "But we will make sure that the amenities of the hotel are the best," he said during the inauguration of the company’s One Oasis, a condominium project near SM City Davao.
Mr. Las Marias declined to provide details of the project, which he said was still being finalized.
Councilor Peter T. Laviña of the city council’s trade and commerce committee said
The Gotianun-led company is spending P1.5 billion on its first condominium project here, dubbed One Oasis Davao. The company has earmarked P6 billion for the
Aside from its 2.3-hectare One Oasis Davao project — a seven-building cluster of medium-rise condominiums and condotels — the company is also setting up another condominium project in a three-hectare lot in Ma-a district near another shopping mall, the NCCC Mall of Davao. Filinvest Land Manager Geraldine C. de Gorostiza said the condominium projects target workers in the city.
SOURCE: www.gmanews.tv
Tuesday, May 13, 2008
Matina eyed as city's next commercial center
By Carlo P. Mallo
A TOP official of a giant real estate firm foresees the Matina area as Davao City's new center for trade and commerce in the next few years.
"Everything is moving towards the south area," Tristan Las Marias, vice president for Visayas and Mindanao of Filinvest Land Inc., said in an interview Friday.
With the congestion of business establishments in the downtown area and also the industrial developments in the northern part of the city, Las Marias said going south is the best option.
"And with the soaring gas prices, it is most practical to be living in the center of the city," Las Marias added.
Apart from their 2.3 hectare property development at the back of SM City Davao at Ecoland, Filinvest is also planning to start another medium rise condominium development on a three hectare property right beside NCCC Mall in Ma-a, still in the Matina area.
"
SOURCE: www.sunstar.com.ph
Monday, May 12, 2008
Vicinity Map
Entry Gate and Guard House
Filinvest launches 9th project in city
By Carlo P. Mallo
ONE of the country's premier real estate developers launched its 9th project here in
Filinvest Land Incorporated will give rise to seven 5-story condominium buildings on a 2.3 hectare lot right behind SM City Davao at
Dubbed as "One Oasis Davao," the property of Filinvest will house seven five-storey buildings with at least one hundred units each.
"The units will vary from a 2 bedroom to the studio type," Las Marias said.
Prices for the studio type units ranges from P1.3 to P1.4 million while the one- bedroom units are pegged at about P1.5 million. The 2 bedroom units are sold at about P2.2 to P2.4 million.
Another feature of One Oasis Davao is an elevator in each of the buildings. A roofdeck is also made available for the laundry area.
"Even if we are not yet formally selling the units, we are already receiving a number of inquiries on the property," Las Marias said.
SOURCE: www.sunstar.com.ph
Saturday, May 10, 2008
Filinvest set to unveil P1.5B posh condo project
FILINVEST Land Inc. (FLI) will proceed with the groundbreaking of its P1.5 billion One Oasis Davao condominium complex next week with Vice President Noli de Castro as the guest of honor.
During a media update held at FLI's Orange Grove Club House in Matina, Davao City on Wednesday, Filinvest branch manager Allan Barquilla said they will push through with the groundbreaking on May 9 two of the seven buildings within the complex, which will also have a condotel with amenities to include guarded access gates, clubhouse, gardens, parks, children playground, and swimming pool.
The complex is located in a 2.3-hectare property at
Each building will have five levels and each floor will have choices of two-bedroom unit, one-bedroom, and studio type units. It will have 120 residential condominium units per building or a total of 850 residential units for the seven buildings.
The One Oasis Davao is an Asian-Tropical-inspired community where it is located near offices, schools, churches, health clinics and commercial establishments accessible to public transport along
FLI senior business development manager Geraline C. de Gorostiza, who oversees One Oasis Davao, said they had been very aggressive about such projects because of strong market acceptance where more people want to live in the center.
She said they got queries mostly from out-of-towns like the cities of Kidapawan, Koronadal, and General Santos who send their children to universities here.
"We are bullish about this based on the way we see the market," she said.
But she said real property development needs big investment and even if there is a big market, the project won't proceed if there are no resources. She said they are also looking at other areas to develop and their company is optimistic the venture will be profitable.
In fact, she said the other condominium project will be set up in Ma-a also in
She added that they have already acquired a 120-hectare property in Tambler in
Barquilla meanwhile said they currently have five projects already established in the Davao Region. The other four projects are the eight hectares Filinvest Homes at Visayan Village in Tagum City, Orange Grove in Matina, Le Jardin in Ma-a with 12 hectares, Fuente de Villa Abrille, 10 hectares at Tulip Drive, Matina, and the 50 hectares residential resort Kembali Coast in Kaputian District at the Island Garden City of Samal.
He also said their first project in
SOURCE: www.sunstar.com.ph
Friday, April 25, 2008
OFWs are Filinvest's biggest market: exec
By :Joy Romares-Sevilla
OVERSEAS Filipino workers (OFWs) were identified to be the biggest market of one of the full-range land developers in the country.
The vice-president of Filinvest Land Inc., Tristan Las Marias, in a press briefing at the Marco Polo Davao last week, said 40 percent of the company's sales come from the OFWs.
"We also expect that 20 to 30 percent of our sales will be coming from buyers outside
The Filinvest Land Inc. said the One Oasis Davao, another pioneering residential development project in the city, is worth P1.5 billion.
It is in addition to the other projects of
One
Las Marias claimed the project is a product of inquiries from OFWs and other middle-income people who want to have walk-up condominiums in
"The site is located on a 2.3 hectares property in
One
"The first phase of development will be the four walk-up buildings, each building having five levels with basement and rooftop. Each level will have 24 condo units," Las Marias said.
Each one-bedroom unit costs P1.3 million, while the two-bedroom is pegged at P1.9 million to P2 million each.
"We are trying to secure the permits of the project and as long as we will have the license to sell, we will sell the property, we expect that each building will be established within eight to twelve months," Las Marias said.
SOURCE: www.sunstar.com.ph
Tuesday, December 11, 2007
Filinvest Land pours in P1.5B investments
The Filinvest Land Inc., one of the leader and biggest full range property developer in the Philippines, is bringing another pioneering residential development project in Davao City worth P 1.5 billion.
One
One
"The site is located on a 2.3 hectares property in
"It is very accessible through public transport, just a few minutes away from offices, schools, churches, and commercial establishments. It's also a fully secured community with guarded access gates. It also has first class amenities such as a clubhouse, gardens, children playgrounds, and swimming pool," he added.
One
In its first phase, four walk-up buildings will be built. Each building has five levels with a basement and a rooftop. Each level will have 24 condo units.
A total of 120 residential condominium units per building for a total of around 850 residential condominium units for the entire cluster will be developed.
Each one-bedroom unit costs P1.3 million, while the two-bedroom is pegged at P1.9 million to P2 million each.
Each building is expected to be completed in eight to twelve months, Las Marias said.
The project is a product of inquiries from overseas Filipino workers (OFWs), and other middle-income people who want to have walk-up condominiums in
The Filinvest Land Inc. has already poured in P5 to P6 billion investments in
SOURCE: www.sunstar.com.ph
Thursday, December 06, 2007