Davao-based banana grower sees 2Torre Lorenzo as an ideal investment
(The Philippine Star) - January 9, 2016 - 12:00am

MANILA, Philippines – Condominium living is now revolutionizing the way people live, and rightly so. After all, a good condo lifestyle is seen to offer practicality, beauty and comfort all in one secured abode and in a prime location. All these define the quality of life that high-rise living now offers as well as its potential as an income-generating asset for property investors and home seekers alike.

Property developer Torre Lorenzo Development Corporation has taken all these ideas into consideration before developing its niche market in the country. A number of homebuyers have since discovered the benefits of investing in property developments of Torre Lorenzo, with the projects offering attractive value propositions like being located near schools and along major road networks.

These are just some of the key considerations that has helped convince 47-year-old Noel Tan, a Davao-based banana grower for Lapanday Food Corp., to buy a one-bedroom unit at the 2Torre Lorenzo located along Taft Avenue, right across the De La Salle University (DLSU) in Manila.

Noel’s daughter, 18-year-old Mariel Jillian Tan, now lives in their condo property away from their permanent residence in Davao for the very first time. For Noel Tan, the condo is a worthwhile investment that lets his daughter assert her independence and pursue her dreams to become a multimedia artist, despite her hearing impairment. “I allowed her [Jillian] to live in Manila, at the 2Torre Lorenzo unit, with just my niece to keep her company because the condo is very secure. It’s like living at home in a compound. The place is also well-lighted at night which is good for my daughter’s safety,” Noel said. 

Noel had discovered the development through his mother-in-law who lives in Manila. She already knew of the first Torre Lorenzo condominium along Taft Avenue, and of the then-being-built 2Torre Lorenzo because of its proximity to the former. “Good thing she recommended it. We bought a property right away during the pre-selling period,” he added.

Jillian, who had been living in the condo since March of 2014, is taking up Multimedia Arts at the DLSU College of Saint Benilde. This makes going home for her which is just a few minutes’ walk away very convenient, especially since her schedule usually allows her to call it a day at around 9 in the evening.

“On a personal level, the 2Torre Lorenzo property in Manila is a good investment because it helps my daughter live comfortably amidst the demands of her studies and her impairment. We wouldn’t let her hearing difficulties hinder her from having a good education,” he shared.

Noel also sees the value of the unit for making profit in the long run. “After Jillian graduates, we plan to put up the property for rent and all the income will go to her.”

As an income-generating asset, units being offered at Torre Lorenzo are strategically located in the center of all the activity and commerce in Manila. Its premium university residences, for instance, assure that as students enter and graduate from school, the property values in these areas will also appreciate.

Aside from their strategic location, the developer’s premium university residences have been designed to be conducive for learning and productivity, while living in a place that feels very much like home. 2Torre Lorenzo, specifically, is a low density development with just 23 units per floor. It has modern and sophisticated amenities such as a swimming pool, gym and the developer’s trademark study lounge which is ideal for students who wish to invite classmates and friends for a study group and other education-related activities.

For information, visit www.torrelorenzo.com.ph or call 86-TORRE.

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