CHI set to launch Amara's next phase

Due to brisk take up and with zero lots left in its inventory, Cebu Holdings Inc. (CHI) is set to launch the next phase of its seaside residential development – Amara within the month.

"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," added Baad.

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," she said.

Continuing to dominate the high-end real estate market in Cebu, CHI reported the sell out of phase 3.

According to Baad, the market showed sustained enthusiasm in Amara with the takeup of all 84 lots in phase 3, launched only in October of last year.

Amara, an Ayala Land Premier community, continues to dominate the high-end residential market for the third 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.

It is a joint development project of Ayala Land affiliate, Cebu Holdings, Inc. with Coastal Highpoint Ventures Development Inc. (CHVI). 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 is a perfect balance between the elements of nature and a master-planned design. The project will provide the ideal resort-inspired residential enclave for families who can enjoy the rustic, seaside ambiance just minutes from the city.

The property is envisioned to be a community of seaside neighborhoods within a master-planned residential haven. It will offer superior values in product features, amenities and value appreciation with the Ayala trademark.

The various phases of Amara will have unique facilities to afford residents with a range of lifestyle options. Phase 3 will have a picnic grove in a forest setting with gazebos and lighted walkways where residents can unwind and enjoy the green landscape just a few steps from home.   – Ehda M. Dagooc