MANILA, Philippines — Ayala Land’s mid-income residential brand Avida Land recently achieved another milestone with the topping-off of Avida Towers Riala – Tower 5 in Cebu.
Leading the ceremony were Raquel Cruz, president of Avida Land Corp.; Marvin Moyon, Project and Strategic Management Group head; Trina Borgonia, Sales and Marketing Strategy Group head; and Sarah Urriquia, Sales Operations head.
They were joined by Mike Milaor, Group head of Avida Technical Services and Construction Management Director of Makati Development Corp., and Exequiel Ike Mabini, general manager of MDC Cebu Operations Center.
Live a life without compromise
Avida Towers Riala sets a new living standard, fulfilling every Cebuano’s aspiration to live a life without compromise. Its sensible amenities go beyond the basics while providing residents with an opportunity to enjoy a laid-back environment.
Beyond fulfilling Cebuanos’ need for a home in the city, the tower positions itself strategically at the heart of the thriving Cebu I.T. Park. This makes residents closer to life’s essentials and investment opportunities.
The towers is Avida’s second project in Cebu, which was launched in 2012. The five-tower property boasts having an expansive amenity area with studio, one-bedroom and two-bedroom unit offerings, ranging from 22.62sqm to 56.82sqm.
“The name Avida Towers Riala was drawn from the word ‘realize’ because we wanted to be part of every Cebuano’s aspiration of owning their dream home. Last December 2022, we started the turnover in Tower 4 to our qualified unit owners three months ahead of schedule.
“With the topping-off of Tower 5, we have achieved another milestone in our construction schedule, and look forward to an earlier handover to our excited customers. We stay true to our brand promise of sure and secure living and to our commitment in helping Cebuanos become closer to realizing their dream homes,” Cruz said.
Its last tower with 31 residential floors is set to be completed in 2025. Complementing the inspired lifestyle in Avida Towers Riala is its one-hectare lifestyle amenity area.
It has upper and lower deck levels replete with green spaces where residents can commune with nature and rejuvenate their spirits. The open spaces are perfect for like-minded individuals who converge and spend on what matters most.
Health enthusiasts and adrenaline junkies can be on the move toward a healthful lifestyle, with swimming areas where they can take a plunge. Indeed, Avida residents will get to enjoy the outdoors within the comforts of their community.
Cebu is an ideal investment location
Being a growth corridor in the Visayas region, Cebu hosts nine economic zones filled with business and investment opportunities. Its stronger economy is fueled by the continuous infrastructure developments and BPO expansion.
Beyond being a center for trade and commerce, Cebu has always been a gateway for tourism. It has also been recognized by UNESCO as a “Creative City,” making it more attractive to local and foreign visitors.
Cebu has a lot to offer, and Avida has seen the growing demand for investments that can generate passive income.
Avida Land Corp. is a residential brand of Ayala Land, the Philippines' leading developer of sustainable estates, offering a diverse mix of properties such as residential, retail, office, hotels and leisure developments, that support local economic growth and nation-building.