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Manila Bulletin devider Business devider Cathay Land expects P1.2-B sales from new mixed-use condo

Cathay Land expects P1.2-B sales from new mixed-use condo

Published Feb 5, 2021 07:30 am

Veteran real estate developer Cathay Land expects to generate P1.2 billion in sales from Berkeley Suites, its latest mixed-use condominium project at South Forbes Golf City.

Cathay Land President Jeffrey Ng cited the new 8-storey mid-rise condominium as a very good and wise investment.

Foremost, Ng said Berkeley Suites is located beside the Cavite-Laguna Expressway (CALAX) Laguna Boulevard Interchange and within arm’s length of the South Luzon Expressway (SLEx) Sta. Rosa Exit. “This location places future residents with easy reach of prime locations in the metro such as Alabang, Makati and Bonifacio Global City to name a few,” said Ng.

Ng pointed out that the first 10-kilometers of the CALAX Laguna segment which begins at Mamplasan and currently ends at Sta.Rosa-Tagaytay Road is already open, signaling the project’s good investment.

Upon the completion of the CALAX Cavite segment in the coming months, he said, travelling westbound towards the Manila-Cavite Expressway (CAVITEx) and ultimately the NAIA Expressway (NAIAx) will be nothing short of a breeze. “The recently opened SKYWAY stage 3 also opens the condominium and township’s potential to our kababayans in the North who wish to venture southwards to get a slice of the famous idyllic southern lifestyle. While the upcoming 50.3 km Cavite-Tagaytay-Batangas Expressway (CTBEX) will further unlock the development’s potential to the further southern region of Batangas,” Ng pointed out.

Berkeley Suites, which draws inspiration from the world-renowned academic institution in the United States, Berkeley Suites, will showcase 356 units comprised mainly of studio and one-bedroom suites. Given that Berkeley Suites mainly offers 18.00 sqm. studio units and 27.00 sqm. one-bedroom units, the project is targeted towards students, young professionals and starting families looking to get away from the hustle and bustle of the metro.

The development also offers 40 commercial units in the lower and upper ground levels to ensure the utmost convenience for all its residents.

Breaking from tradition with its new, signature U-shaped architectural design, residents can expect an abundance of fresh air coming from the nearby mountainous region of Tagaytay flowing through the entire development. Together with the concept of live, work and play integrated to the backbone of the project, Berkeley Suites comes loaded with multiple amenities such as two-level Commercial Center, TV Room, Function Room, Study Lounge, Pocket Gardens and the Aquatrium with lap and kiddie pool.

“The world is changing and given how more and more individuals and families are looking to move to the suburbs, we feel our Berkeley Suites offers our clients the perfect balance between necessity and luxury,” said by Ng.

Berkeley Suites is part of Cathay Land’s South Forbes Gold City, a 250-hectare mixed-use township located just a short 20-kilometer drive south of Metro Manila is South Forbes Golf City. With its meticulously master planned commercial, residential, and recreational components nestled within the heart of the Silang – Sta. Rosa growth corridor, we can expect this township to not only address the needs of today, but also for the years to come.

“Given the current administration’s multiple ‘Build, Build, Build’ infrastructure projects in the area such as the Cavite-Laguna Expressway (CALAX) and the future Cavite-Tagaytay-Batangas Expressway (CTBEX), we are proud that our developments are located beside multiple access points to these projects. Our years of planning and foresight are finally paying off not only for our company, but also for our clients and their valued investments,” said Ng.

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