Avida launches P2.8-B Cavite subdivision

Published May 29, 2019, 12:00 AM

by manilabulletin_admin

By James A. Loyola

Avida Land Corporation, a unit of Ayala Land, Inc., has launched a P2.8-billion residential subdivision in Vermosa, ALI’s 700-hectare mixed-use estate in Imus, Cavite.

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In a press briefing, Avida Land South Luzon Project Strategic Management Group Head Anne Jara said that, with Avida’s seven developments in Cavite, the province is also Avida’s second largest territory after Nuvali.

“Avida Verra Settings Vermosa is our first and only Cavite subdivision within an Ayala Land estate. This allows home buyers access to all the developments in the estate while enjoying a healthy, sustainable environment,” said Jara.

Set to be built in three sectors, Avida Verra Settings’ lot only offerings for the first two sectors are already sold out. Its last sector will be launched next month.

Avida Verra Settings features bi-level homes in a modern contemporary design across a 10-hectare area. The Macy model home has a minimum floor area of 67 sqm. while the Trista model is larger with a floor area of 85 sqm.

“Aside from lots only and house and lots, we are also offering the option of a house and lot and the adjacent lot combination. This allows buyers to expand and customize their living or outdoor spaces as they see fit,” said Jara.

The house and lot with adjacent lot option brings up the Macy model to a minimum of 250 sqm lot area size, while the Trista goes up to 276 sqm.
The Macy model with adjacent lot option is priced at P12.5 million. The Trista model with adjacent lot option goes for P14 million.

For a house and lot, the price starts at P7.6 million. A lot only option will cost buyers P5.7 million.

Avida aims to attract families seeking upgraded homes ready for future expansion. These are buyers with established professions and a monthly household income of P150,000 and above.