Tagaytay Highlands posts 21% higher EBITDA in 2019

MANILA, Philippines — Tagaytay Highlands, the premier mountain resort development of Belle Corp., posted substantial gains last year as its earnings before interest, taxes, depreciation and amortization (EBITDA) went up by 21 percent to 364 million from 301 million in 2018.

The company said this performance reflected its higher margin products comprising of new developments, improvements in facilities and amenities, as well as expansion of its existing portfolio.

The Grove at Plantation Hills became the latest addition to Belle’s upscale farming community. The 22-hectare development promotes a healthy and holistic lifestyle suited to the discriminating tastes of its prospective homeowners. With lot selling and land development commencing in the second half of 2019, this leisure residential and eco-farming concept-in-one will feature orchard and garden lots ideal for growing fruit trees, herbs and vegetables in one’s backyard.

Sycamore Heights, nestled at the heart of Tagaytay Midlands, has been providing breathtaking nature views and panoramic vistas in a contemporary Asian-themed community. Turnover of lots to owners and availability of prime lots continued to build property sales. Amenities such as Central Park Pavilion, Infinity Pool, Lounge Garden, Bird Watch Park and Rock Garden have been completed for the exclusive use of homeowners.

Yume, Tagaytay Highlands’ Japanese-themed community, maintained its investment viability as expansion lot purchases continued to soar. Exuding the vibe of simplicity and natural essence found in minimalist architecture, its zen living offers a stunning view of the fairways.

Meanwhile, Nob Hill’s residential lots have likewise contributed to overall property revenue throughout the year. This community masterpiece boasts of picturesque vistas of mountains enjoyed from one’s home where the conveniences of modern living blend seamlessly with the beauty of nature.

Tagaytay Highlands’ strides in 2019 were made more significant with its 25th anniversary celebration. What started as an exclusive members-only club facility has evolved into a township that caters to the country’s affluent who appreciate the exclusivity and leisurely lifestyle it offers. As the estate celebrated its two and a half decades of unparalleled development of themed residential projects, residents and members continue to enjoy an exclusive portfolio of luxury homes set against nature’s best backdrop.