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  • Cebu Holdings says Amara 3 a sellout
     
    By Willy Rodolfo III
    Reporter
     

    AYALA Land affiliate Cebu Holdings Inc. (CHI) has reported the sellout of the third phase of its ultra high-end seaside residential project, the Amara, while announcing the opening of a new phase in the project within the month.

    The 83 lots in Amara’s Phase 3 were taken up by the market in around a year after it was released. With zero lots remaining in its inventory, CHI is set to open Amara’s newest phase, the Amara North.

    “This new phase is especially designed for sea lovers and water-sports enthusiasts with the best choice for luxurious seaside living,” Tetta Baad, head of the Real Estate Development Group for CHI, said.

    “In all the previous phases of Amara, the first lots to be sold were the bluff lots. It seemed we never had enough to meet the market demand. With Amara North, we hope to finally have enough,” Baad explained.

    In Amara North, there will be 16 premium bluff lots, eight of them fronting the Camotes Sea.

    “Residents will have a spectacular infinity view, especially at sunrise when the sea and sky merge. It doesn’t get more amazing than this,” Baad added.

    Amara, an Ayala Land Premier community, continues to dominate the high-end residential market for the third consecutive year since its 2005 launch. When it was first launched, Amara broke sales records with the sale of 92 percent of the lots within a week after it was first offered to the public.

    Amara is a joint development project of Ayala Land affiliate Cebu Holdings Inc. with Coastal Highpoint Ventures Development Inc. This scenic community sits on a 46-hectare property located at barangay Catarman Liloan, Cebu, approximately 18 kilometers from the city.

    One of 24 lighthouse communities in the world, and the first in the Philippines, Amara aims to provide the ideal resort-inspired residential enclave for families who can enjoy the rustic, seaside ambiance just minutes from the city.

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    AYALA Land affiliate Cebu Holdings Inc. (CHI) has reported the sellout of the third phase of its ultra high-end seaside residential project, the Amara, while announcing the opening of a new phase in the project within the month.

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