LOWER-and medium-market housing developer Property of Company of Friends (Pro-Friends) is looking forward to the start of the Association of Southeast Asian (Asean) economic integration on 2015.
In a recent interview with the BusinessMirror, Augusto Leonardo, chief operating officer of Pro-Friends, said the economic integration can bring more growth to the company. “Once the AEC [Asean Economic Community]comes in, it will mean more demand for houses,” he said.
“Hopefully, more investors will come into the country. When they come there will be a bigger need for houses, and we are ready to provide the shelter component,” he stated.
As fat as the lower and medium markets may seem, Leonardo said they remain underserved as 3 million homes are still needed by families who belong to these categories.
For the same price as a condominium, one could buy a lot here with twice the size. More important, you own land.
Leonardo said Pro-Friends will continue to build its landbank in Cavite because the area will offer a bigger potential once the Cavite-Laguna Expressway and Light Rail Transit 1 Extension projects are completed.
“We will continue developments in the area if there’s availability and demand,” he added.
At present, Pro-Friends has a landbank of 1, 400 hectares for its Lancaster New City project.
Starting with its first phase in 2007, Lancaster has quickly evolved into a master-planned community that spans to more than 1,400 hectares, which cover Kawit, General Trias, and Imus in Cavite. Situated near the Manila-Cavite Expressway (Cavitex), families now have the option to own reasonably priced homes in a unique township near Metro Manila.
Lancaster New City currently has a selection of two- and three-story townhomes, as well as two-story single-attached homes designed for young professionals, start-up families and bigger growing families. Each home is efficiently laid out to maximize space so that dwellers may comfortably move around inside the house.
In September Lancaster New City introduced six new Modern Asian inspired homes that celebrate the use of light and space. Its high ceilings and windows are created to allow more light and ventilation inside the rooms.
In consideration of the Internet’s importance to any growing family, four of the new house models (Briana, Chessa, Mabelle and Adelle) have ready outlets for home Internet cables.
Residents of selected house models have their very own family courtyard or family enclaves, extra spaces either at the back or in front of each single-attached home, where children may safely play or they may have their special private gatherings.
Aside from providing homes, Lancaster New City sought to make high-quality and affordable education accessible to its residents. Saint Edward Integrated School, a school established inside Lancaster New City in 2012, gives families the option to send their children to a school that prides itself in raising globally competitive students with a strong sense of character. It has a dynamic project-oriented curriculum, which aims to address the needs of different types of learners. It has life labs, clubs and organizations that allow students to develop their talents and equip them with real-life practical skills.
Lancaster New City has a pioneer information-technology park of Cavite—SuntechiPark. Being Pro-Friends’s first office IT park development, SuntechiPark is designed to give residents the option to work close to home, thus giving them more time to spend with the family. Lancaster New City is also developing its transport system that would easily bring residents from their place of work to their homes in less time.
Lancaster New City will be building Downtown Lancaster, a 25-hectare commercial-business-lifestyle district that will provide retail and leisure activities to both office workers and its residents. Within Downtown Lancaster, residents and office workers alike will enjoy the convergence of SuntechiPark with the Square, its commercial area and Central Greens.
For worship, Lancaster New City has the Church of the Holy Family. Built in 2012, the Church of the Holy Family became a place of worship where families may attend Sunday Mass, hold their wedding vows and ceremonies, or celebrate the simbang gabi tradition.
1 comment
Wag papaloko sa profriends. Research muna bago bumili. Baka masayang ang pera at mapunta sa wala. Beware.