One Oasis targets yuppies, OFWs

CEBU, Philippines - The uniquely conceptualized residential condominium within a residential subdivision, One Oasis Cebu, will soon rise in the city following the groundbreaking ceremony held over the weekend by property developer Filinvest Land Incorporated.

Boler Binamira, Area Sales Head for Visayas of Filinvest, said that their target market include the starting families, young professionals and families of Overseas Filipino Workers.

After the positive response from the market in Davao and Ortigas, where the two One Oasis projects are found, Filinvest decided to make one in Cebu seeing that the city “is in the verge of condominium age.”

Binamira shared that there location in Cebu, which is in Kasambagan, Mabolo, is perfect for its accessibility from the big establishments in Cebu like the malls, churches and food establishments and is not far away from the Mactan Cebu International Airport and the beaches found in the Lapu-Lapu area.

But he said that despite it being in the city, the amenities of the medium-rise project still assure the residents of a comfortable place to live in with their gardens and huge open spaces that would be found within almost four hectares of total land area.

He said that for those who would want to have their own place for a budget around P2 million which could an amount for a place outside of the city, he said that they could have the same ambience but right at the heart of the Cebu city.

He also said that they are confident with the Cebu market since they know that Cebuanos are wise spenders and are not afraid to invest for something, which they know is worth it.

After the ground breaking, Binamira said that construction will immediately start where eight buildings are expected to rise with 110 units each.

Binamira explained that they will be starting if with one building and proceed with the next building after four months. With this pace, he said that they expect the whole project to finish in three years.

These buildings will have studio units with an area of 22 square meters at P1.4 million, one-bedroom unit with 35 square meters at P2.3 million and their two-bedroom units at P2.7 million with a floor area of almost 40 square meters.  

Binamira said that there prices are affordable and are priced equally or even lower from other condominiums which are found in the city.

Other amenities included would be their multipurpose clubhouse, adult and kiddie pools, basketball court, children’s play area, and jogging or walking paths, and a 24 hour security.

Aside from the said condominium, Filinvest also has a multi-billion project proposed to be located in the South Road properties which Binamira said already has plans that are one of a kind and is of international standards. He said that it would help in the efforts of promoting Cebu more as a destination for tourists.

These projects are part of the goal of the company in making Cebu as a “Filinvest City” where they could produce more of their well-priced and quality properties that more people could avail of. —AJ de la Torre