CEBU, Philippines - Work gangs are ramping up the first 150 new living units into various phases of completion, says Tristan Las Marias, first vice president and project head for Visayas and Mindanao of Filinvest Land, Inc.
Four buildings are now being built simultaneously as well as ground works for the commercial area. "We are committed to deliver the project as promised," he said.
FLI vice chairman Andrew "Bibot" Gotianun Jr., Cebu City Mayor Michael Rama, and Las Marias undertook last November 12 the first construction inspections and project evaluation at the Citta di Mare (City by the Sea) project in the South Road Properties, under which the Amalfi Oasis and Sanremo Oasis residential condominium cluster projects belong.
Backstopped by hundreds of workers, equipment, and massive financial infusion, construction work at the Amalfi Oasis and Sanremo Oasis cluster projects remained in full swing.
The Amalfi Oasis cluster consists of five-storey buildings on a 390,484 square-meter property basking in fresh air, radiant sunshine and charming landscapes. At its Building I, a mix of 150 two-bedroom (52 sq.m., 57 sq.m.) and three-bedroom (85sq.m., 108sq.m., 113sq.m.) units, including 65 units of first-level parking slots. It is inspired by the Italian coastal towns along Costiera Amalfita, which is renowned for its scenic beauty, picturesque communities, and diversity.
Up to 332 units are to change hands in two buildings at the Sanremo Oasis. With 164 mixed one-bedroom (25sq.m.) and two-bedroom (30sq.m.) units, Building 3 is targeted for completion in October 2013. Another 158 mixed studio and two-bedroom (45sq.m.) units in Building 7 will be turned over in July 2013. Up to 101 units in first-level basement parking are set aside in both edifices.
Cluster amenities include swimming pool, pool deck, bath house, outdoor activity area, club house, lounge, gazebo, basketball court, tree parks and jogging path. Perimeter and power lines are underground which allows residents to enjoy unobstructed view of the place.
Inspired by the Italian coastal towns along the Mediterranean Sea and the Italian Riviera, Sanremo Oasis and the Amalfi Oasis formed parts of the first and second phase of the development-bound 50.60-hectare area under the joint venture of the city government of Cebu and FLI - a leading Philippine real estate developer.
This low-density enclave consisting of 65 percent open-country spaces and landscaped greens, with 20-meter-wide walkways, bike lanes, and car-free zones, will later host a cluster of five-storey, medium-rise buildings, around which a relaxing, pedestrian-friendly community evolves.
Ensuring comfortable living and accessibility, Sanremo Oasis will be 15 minutes away from the central business district of Cebu and the international container port, and 30 minutes away from the international airport. It will be a short walk from the proposed new college campus of the University of the Philippines.
With 50 years in the business and one of the country's leading real estate developers, the family-owned FLI provides a diverse property portfolio catering to a wide market --- from its core, best-value homes to premier communities, condominiums, and leisure developments. Its assets and stockholders' equity were valued, respectively, at P165.59 billion and P62.37 billion.
The city government of Cebu owns the SRP consisting of a 300-hectare prime property it had reclaimed through a loan from the Japan Bank for International Cooperation.
Blending seaside living with world-class facilities, Citta di Mare is an ideal residential choice for those who wish to experience Cebu living at its best. (AC/MEEV) (FREEMAN)