Upbeat sales turnout keeps Grand Land ahead of sked

CEBU, Philippines - Grand Land Inc., the residential property development arm of the Gaisano Grand Group of Companies, initially planned to top off only one tower of the Grand Residences project this year but the upbeat sales turnout pushed them ahead of schedule.

GLI President Ryan Bernard Go said that the optimistic development for the company to top off the first two towers in 10 months is primarily attributed to the strategic location of the project.

He said that due to a positive sales turnout of the two towers, they had to do it all at once at an earlier time. The ceremonial topping off of the first two towers of the Grand Residences was conducted last October 9 ahead of the projected schedule.

Launched on September 2012, Grand Residences is an urban condominium subdivision and resort community project comprised of six 15-storey residential towers buildings that will house 2,400 units ranging from P1.8 to P7 million.

“We are earlier than expected. We are even surprised. More buyers are attracted to the project due to its prime location in the city. The take-up is very good,” he said.

Grand Residences that sits in a 3.2-hectare property at Barangay Kasambagan, Cebu City is literally a few-minute walk from major business and lifestyle destinations.

He said that more than 90 percent of the units of both towers are currently sold. Around 40 units are still available to the market to date.

Grand Land Inc. will turn over the units of the first tower by 2014 which will then be succeeded with the delivery of units of the second tower by 2015.

The third tower, on the other hand, will also be launched on November of this year. The entire urban masterplanned community will be fully developed and completed by 2021.

The developer will also launch its low-rise resort-inspired condominium project, the Amani Grand Residences, on November of this year. It sits on a 2.2-hectare property located in Mactan and shall house six buildings, all having six floors.

Also month from now, the company will inaugurate its low-to-middle housing project in Mandaue City. City Homes Premiere is a horizontal development located in a 2.5-hectare property ion Pagsabungan, Mandaue. It will be composed of 150 units of townhouses and house-and-lots.  (FREEMAN)