CEBU, Philippines - Woodcrest Residences, the newest condominium to titivate Metro Cebu’s vibrant landscape, is designed to meet every homeowner’s lifestyle requirement.
Nestled in the elegant suburban district of Guadalupe, Cebu City, Woodcrest Residences is bordered by a manicured garden and strolling lane that encourages an exciting lifestyle for all its residents.
“And we have a swimming pool with kid’s wading pool and a fitness gym for the active residents to take advantage of,” revealed Ramiro Espina, sales manager of Primary Homes.
For those who love to party, the property has a clubhouse with its own function rooms and can cater to whatever event a resident may want to organize, whether it be a private party, a meeting or a family gathering.
At Woodcrest Residences, Espina said that they strive to meet every whim of all its residents, making sure that everyone is satisfied to the brim.
Last to launch, first to deliver
“The units are ready for occupancy. All you need to do is to transfer,” revealed Espina, adding that since they launched the project late last year, they are positive that they would be able to turn over the units by December, and be fully livable by February 2010.
“This is fast, considering the trend for condominiums these days. Other developers would wait for investors before they start building, but with Woodcrest Residences, Primary Homes started building even before getting investors,” Espina shared. “They want to make sure that they have something to show to their investors before they start selling. It is for this reason that we have come to be known as the company who launches last, but first to deliver.”
Increased value
This simple principle of integrity, has driven the value of the property to steadily rise to 20 percent as it nears completion.
Despite this increase in value, Espina enthusiastically assures buyers that easy payment terms are available.
“We are open to a 20-10-70 financing scheme wherein the buyer would give us a down-payment of 20 percent spread over 12 months with no interest; and on the 13th month, a one-time payment of 10 percent; while the balance can be paid through bank or in-house financing,” he said.
Wise investment
“Aside from being an elegant residence, Woodcrest Residences is also a great asset, even for mid-income persons who are looking for a potential investment opportunity,” he added.
“The buyers can rent out their units with an 8-10 percent rental yield per annum, as opposed to a bank investment which would only have a 4 percent yearly return,” he explained, adding that should the owner decide to submit his unit to the company’s rental listing, they will be backed by the 2,000 Primary Homes real estate agents who will help in marketing their unit.
Green Homeowners
A growing market that Woodcrest Residences is exploring are the green homeowners.
“With the growing concern on climate change and the environment, people are becoming more particular with their buying decisions, including that of their future home,” said Ramiro.
Woodcrest Residences was designed to encourage its occupants to maximize the use of the natural elements in its surroundings.
“Every unit have individual porches and private balconies that would usher in natural light, minimizing the use of electricity during the day,” Espina said. “This also makes the unit naturally cool at night.”
He added that the spacious and wide corridors at the common areas like the lobby, the reception area, and the clubhouse, encourage fresh air to naturally ventilate the building.
Espina believes that it is time for developers to also consider the environmental impact of their projects. “Developers should be more responsible, and we at Primary Homes, are starting to inculcate the value of environmental concern and care into our projects,” he said.
Facilities
The 11-floor building houses 160 residential units composed of studio, one-bedroom, two-bedroom, and three-bedroom with loft units. All of the rooms are fitted with an elegant kitchen, the floors tiled with painted walls, partitions and ceilings, with tiled toilets and bath fixtures, and with provisions for those who wish to install a water heater for all the showers.
Other facilities within the unit is a service area with its own washing machine and dryer, and provisions for aircon openings and outlets.
In addition, Woodcrest Residences, is equipped with its own water-treatment facility that would ensure that use of this most valuable resource would be maximized and not be wasted.
Woodcrest Residences is a project of Primary Homes, the premier developer of subdivisions, condominiums, and other residential projects in Metro Cebu. Among its projects are Casa del Rio in Talamban, Cebu City and Acacia Place in Banawa, Cebu City.