Rising to greater heights, Vista Land & Lifescapes Inc., has successfully penetrated the market for vertical developments and exceeded all expectations for its performance in the said field. As the country’s largest home builder, the real property firm has repeatedly been recognized for its themed, masterplanned communities - offering quality housing that spans the full range of all market segments.
With a combined actual and projected income of almost P17 billion from its various condominium projects, Vista Land & Lifescapes Inc. continues to make waves in the market for vertical developments, having established itself as a trusted name in this field.
“It comes as a surprise to many people when they find out that we are not a new player when it comes to vertical developments. Our various subsidiaries – specifically Brittany Corporation, Crown Asia and Camella – have all ventured into vertical developments in the past two years. To date, we have launched 10 condominium developments since late 2005,” said Vista Land president and CEO Jing Serrano.
Marking Vista Land’s successful entry into this field are five sold-out condominium developments namely: the 18-storey Viera – the first tower of Marfori at Lakefront City Central in Sucat; the 7-storey Grand Quartier at Crosswinds in Tagaytay; the 32-storey designer condominium Mosaic at Greenbelt 4; and Trevi Tower I (27 storeys) and II (37 storeys) along Pasong Tamo.
Furthermore, the 22-storey Marfori Tower II, the 38-storey Avant at The Fort, the 25-storey Trevi Tower III and the Grand Quartier II are now considered substantially sold-out with the remaining units enjoying encouraging inquiries from many interested clients.
Proceeds from sold out buildings of Viera, Grand Quartier I, Mosaic at Greenbelt, Trevi Tower I, and Trevi Tower II now amount to P3.5 billion. Additionally, expected proceeds from substantially sold projects like Grand Quartier II, Avant at The Fort, KL Mosaic, Marfori Tower II, and Trevi Tower III are projected to reach P4.9 billion. The Pacific Residences and Presidio, which are low- to mid-rise condominiums in inner city locations, are estimated to make P7.5 billion. And the soon to be opened Gallery Salcedo is projected to deliver P941 million.