Maria Luisa completes 2nd largest residential project

CEBU, Philippines - Known as a pioneering real estate developer for gated residential communities, Maria Luisa Properties has now fully-completed the development of its second largest residential project – The Heritage.

Way back in December 2011, the company introduced its newest premier residential community situated in the rolling terrains of Jagobiao, Mandaue City, which was once the Osmeña family’s farm, Hacienda Mandaue.

The Heritage Marketing Consultant Gladys Ceniza said that the 13.6-hectare property development differs from other real estate properties since the former commonly practices pre-development selling, wherein the buyers can build their dreamhouses on the lots as soon as they want.

She added that Maria Luisa Properties General Manager Annie Osmeña-Aboitiz even described the Heritage as “what they see is what they get”.

With the utilities and lots available and the titles clean, Ceniza further said that The Heritage boasts of its well-designed infrastructures and environment-friendly amenities such as the clubhouse, swimming pool, park, fishing pond and tree-lined streets which are already at its final stage of construction.

The 13.6 hectare development is divided into 242 lot-only offers from 250 square meters to 500 square meters and prices ranging from P2 – P5 million pesos.

She also said that the buyers’ acceptance is good, but the company is geared towards making people more aware of the development as the first phase of The Heritage is already 40% sold to date.

Selling in three phases, she added that hopefully the first phase would be fully sold out within this year, while the other two phases by 2013.

Ceniza also noted that the security, good engineering, effective drainage pipes, three access points, scenic views, fresh breeze, elevation and Palawan cherry trees can all be found in the ready-to-build residential community.

With a growing demand for gated subdivisions rather than condominiums, she said that they are already speeding up the release of the second phase and further revealed that it will soon have a portion of house-and-lots offer within this year.

With The Heritage as its latest residential project rooted in family history, Maria Luisa Properties has been branded a proud developer of its flagship development the 200-hectare Maria Luisa Estate Park, Maryville Subdivision, Maryville Heights, Casili Hills Subdivision, and Dancing Sun Subdivision. — (FREEMAN)