vol.2 Mar.-Apr.2016
Ayala Land Sales Inc. Sales Director-VISMIN
Allan B. Ong Jr.
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Real estate values evolving in the developing economy of Cebu.
Warm greetings to all CEBUnavi SAKURA readers.
Ayala Land Inc. is the leading and most trusted real estate developer in the Philippines.
Our primary mission is to, through various types of real estate, create sustainable societies, make our residents’ dream a reality and provide a better environment.
Especially those who are planning to live, retire and invest in Cebu, please come and visit our showroom at The Terraces, Ayala Center Cebu, Cebu Business Park, Cebu City.
To CEBU navi SAKURA readers, it's our pleasure to meet you. -
Positive Changes in Cebu's Economy.
The Philippine economy has shown a lot of rapid growth recently, impressively rivaling the rates of fellow Asian countries. With this, the country is now called“The Bright Star in a Dim Sky”. Today, many people come to Cebu which is a modern metropolitan hub with world-class resorts. At the same time, Cebu’s physical landscape has significantly evolved with business construction and rising real estate value.
Also, not only has the city’s economy changed, but the lives of Cebuanos have changed as well. With the strong OFW remittances and the rise of the IT and BPO industry, the middle class especially has increased over the last 10 years. It’s evident in the steady sales of housing units.
In recent years, more developers are coming in, giving the market more options in terms of quality and pricing. Cebu has become an attractive investment haven as well for those looking for an alternative to Metro Manila. Large infrastructure projects, such as the enhancement of the international airport, the improvement of many roads and a proposed mass transit system, among others, will also contribute to the accessibility and livability of Cebu, making it comparable to other major cities in the world.
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For the People Living in Cebu
It has been more than two decades since Ayala Land first came to Cebu. We saw the potential of Cebu to become more than it was and started the development of what are now the two largest Philippine Economic Zone Authority accredited IT parks – the Cebu Business Park and the Cebu I.T. Park. Together, they have created employment for over 75,000 workers. The development of the city contributed to a stronger economy – making Cebu a viable investment for local and foreign companies.
Under these circumstances, numerous available properties are a necessity. So, thru building a range of residential condominiums, offices, hotels and comprehensive commercial facilities and so on, we would like to create even better lives and developments for all of society in Cebu. We suggest solutions for people living and investing in Cebu, as the leader and most trusted real estate developer in the Philippines.