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Business

GERI continues expansion in Biñan, Laguna

Iris Gonzales - The Philippine Star

MANILA, Philippines — Global-Estate Resorts Inc. (GERI), a subsidiary of Megaworld Corp., continues to expand in Biñan, Laguna, particularly in the residential space.

GERI is launching its second residential property in Southwoods City in the province amid strong sales of its first four towers of Holland Park worth P2.7-billion.

Rachelle Peñaflorida, vice president for sales and marketing of Megaworld Global-Estate Inc. (MGEI), said demand for residential condo units is strong.

“The spike in the demand for residential condo units in Southwoods City was a big surprise considering that the township has been known for its vast horizontal residential villages like Pahara,” she said.

Thus, she said, the company has sold out over 600 units of Holland Park in just a little over a year.

“And the demand for more units continues to grow,” Peñaflorida said.

Because of strong demand, the company is launching its second project, Tulip Gardens, which is expected to reach P1.2-billion.

GERI is targeting to complete the new development by 2023.

The 22-story Tulip Gardens offers units ranging from studio with sizes of up to 28.5 square meters) and one-bedroom with sizes of up to 41 square meters.

Some units have their own lanai, allowing residents to enjoy the refreshing views of Southwoods City, and the Laguna and Cavite landscapes.

Offering a community lifestyle, Tulip Gardens will have landscaped and manicured gardens, GERI said.

There will also be jogging paths, recreational zones and picnic areas with cabanas and pavilions, active zone for kids that include an indoor playroom and two outdoor playgrounds, a fitness center, as well as two swimming pools: a lap pool and a kiddie pool.

The property will also have its own multipurpose hall for parties, gatherings and bigger functions.

The new residential developments will just be a short walking distance to the newly-opened Southwoods Mall and the Sto. Niño de Cebu Parish.

It is also just a minute away from the Southwoods exit of the South Luzon Expressway.

“Tulip Gardens is an innovation in residential high-rise living, where leisure and relaxation take centerstage in a community setting. We are providing more amenities so that our residents will feel like they live in a resort,” Peñaflorida said.  

vuukle comment

GLOBAL-ESTATE RESORTS INC.

MEGAWORLD CORP.

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