Belle Corporation’s premier mountain resort development, Tagaytay Highlands, reported modest gain in 2019 of P364 million from P301 million the previous year.
In a report, Belle’s leisure destination of choice in the south said that earnings before interest, taxes, depreciation and amortization reached ₱364 million in 2019. This performance reflected its higher margin products comprising of new developments, improvements in facilities and amenities, as well as expansions of its existing portfolio.
Mabe E. De Gotia, Belle Corp. assistant vice-president for marketing, said the Grove at Plantation Hills became the latest addition to Belle’s upscale farming community. The 22-hectare development promotes a healthy and holistic lifestyle suited to the discriminating tastes of its prospective homeowners.
Gotia said that with lot selling and land development commencing in the second half of 2019, the leisure residential and eco-farming concept-in-one will feature orchard and garden lots ideal for growing fruit trees, herbs, and vegetables in one’s backyard.
Sycamore Heights, nestled at the heart of Tagaytay Midlands, has been providing breathtaking nature views and panoramic vistas in a contemporary Asian-themed community. Turnover of lots to owners and availability of prime lots continued to build property sales. Amenities such as Central Park Pavilion, Infinity Pool, Lounge Garden, Bird Watch Park and Rock Garden have been completed for the exclusive use of homeowners.
Yume, Tagaytay Highlands’ Japanese-themed community, maintained its investment viability as expansion lot purchases continued to soar. Exuding the vibe of simplicity and natural essence found in minimalist architecture, its zen living offers a stunning view of the fairways.
Meanwhile, Nob Hill’s residential lots have likewise contributed to overall property revenue throughout the year. This community masterpiece boasts of picturesque vistas of mountains enjoyed from one’s home where the conveniences of modern living blend seamlessly with the beauty of nature.
What started as an exclusive members-only club facility has evolved into a township that caters to the country’s affluent who appreciate the exclusivity and leisurely lifestyle it offers. As the estate celebrated its two and a half decades of unparalleled development of themed residential projects, residents and members continue to enjoy an exclusive portfolio of luxury homes set against nature’s best backdrop.
Gotia also reported that 2019 marked the resurgence for Tagaytay Highlands. In line with its modernization program, its drive for customer innovation resulted in the re-opening of newly reconditioned Swiss-engineered cable cars and funicular train transport system, which remain unique only to Tagaytay Highlands to this day. It was also marked by renovations at its recreational facilities and food and beverage outlets, namely Genghis Khan and Trellis, Highlands Peak, Tagaytay Highlands Golf Club, The Country Club and The Sports Center.