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Manila Bulletin devider Property and Living devider How Avia Estate's Narra Park Residences is shaping Sarangani's economic potential

How Avia Estate's Narra Park Residences is shaping Sarangani's economic potential

With the presence of Alsons Dev, Sarangani is now on its way to becoming highly livable and competitive in the real estate realm

Published May 25, 2024 04:13 am
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Avia Estate (Artist's perspective)

The strong economic growth in Mindanao has created excellent investment prospects in the real estate industry, especially as the Philippines recovers from the pandemic. With increasing demand for both commercial and residential buildings, developers are keen to expand in the South.

While the Davao Region is considered a real estate hotspot in Mindanao, other areas are also growing as developers work to close gaps and improve underdeveloped regions to fully realize Mindanao's economic potential.

Case in point: Alsons Development and Investment Corp. (Alsons Dev) and its efforts in Sarangani, South Central Mindanao. Alsons Dev's presence is propelling Sarangani toward becoming a highly livable and competitive area in the real estate realm.

One notable project of Alsons Dev is Avia Estate. Located in Alabel, the capital of Sarangani, this 121-hectare mixed-use community is home to several up-and-coming developments. The first development to be completed was Narra Park Residences Avia. Groundbreaking took place last year, and the first phase, consisting of 200 houses, is now under construction. Fifty units are set to be available this year.

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Narra Park Residences Avia model village with bungalow and two stories units

"Building on the momentum of last year's launch, we remain steadfast in our belief in Sarangani's boundless growth potential," said Miguel Rene Dominguez, director of Alsons Dev. "Avia Estate stands as a testament to our commitment to fueling progress in the region by cultivating a dynamic and secure community where families and businesses thrive."

The developer is also committed to sustainability; aside from allotting green spaces inside Narra Park Residences, it pledges to plant trees for every two houses built.

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Green space inside Narra Park Residences Avia

Unlocking future wealth

This Asian-tropical-inspired private community is ideal for small or large families looking for a serene place to settle down, or for individuals seeking the perfect investment. Despite limited developments in Sarangani, investing in real estate like Narra Park Residences is a wise choice. Residents will enjoy large parking space, cabaña, swimming pools, and a multi-purpose covered court.

Two unit types are available: a bungalow and a two-story house. The bungalow has a 120 sqm. lot area and 45.31 sqm. floor area, while the two-story unit has a 120 sqm. lot area and 63.22 sqm. floor area.

The estate is conveniently located near the Sarangani Capitol, the provincial hospital, Alabel National Science High School, the University of Santo Tomas (slated to operate in the upcoming academic year), various malls, Sarangani Bay, and Glan municipality, known for its pristine shorelines facing the Celebes Sea.

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Swimming pool

Alsons Dev has also ensured residents' safety and security with the Alabel Public Safety and Security Complex, a 1,800 sqm. facility and the region’s first integrated emergency response center. This complex houses a police station, fire substation, and satellite emergency operations center all in one location.

Bigger opportunities

Right across the estate is Alsons Aquaculture Corporation. Established in 1997 and beginning commercial operations in 1998, this 400-hectare property is considered a bird sanctuary. It is one of the biggest producers of milkfish and tilapia in the Philippines, exporting to the US, Middle Eastern countries, and Europe. 

Over 1,600 families benefit from employment opportunities at Alsons Aquaculture, which is one of the region's largest in numbers. The company plans to expand production using sustainable high-density fish culture, or the In-Pond Raceway System (IPRS). With this technology, the current annual production of 5 million kilos is set to increase by 15 percent.

Whether you're an end-user or an investor, you can be assured that Narra Park Residences in Avia Estate will be your next home away from home.

Related Tags

MBPropertyLiving Avia Estate Alsons Development and Investment Corp. Narra Park Residences Avia Miguel Rene Dominguez
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