Local real estate developer Livingsprings Communities has announced the progress of their maiden project, the mixed-use condominium development Tres Palmas, in a recently-held media launch featuring finance and managing director BJ Albert.
According to Albert, Tres Palmas is the result of their brand promise of “private, peaceful and sensible living,” through the development’s exclusivity, location, low capacity, and price.
Tres Palmas is composed of three eight-storey buildings and one two-storey commercial arcade. Designed by chief architect Monique Albert Lopez and inspired by modern Mediterranean architecture, it is styled to evoke resort living with its large open spaces and surrounding greenery.
Tres Palmas is located along Pedro Cayetano Boulevard (formerly Levi Mariano Avenue) in Taguig City and despite being surrounded by ongoing real estate projects from other major local developers, Albert remains confident that Tres Palmas can stand side by side with the “big players”. He explained that on top of its accessibility to business districts like Makati, Ortigas, and Bonifacio Global City (BGC), the location offers prime real estate value that will only increase as the surrounded areas are further developed in the next few years, making Tres Palmas an ideal investment.
Every building in Tres Palmas has six residential floors, each of which contains only five to 12 units, adding up to a total of 170 for the entire community. Units offered include studio and junior (27sqm to 29sqm), 1-bedroom (47sqm), 2-bedroom (54sqm to 62sqm), and 3-bedroom (96sqm). A mid-priced condo development with rates starting at Php 2.2 million, Albert boasts that their units are currently being offered below zonal value.
Albert says their clients are generally not first-time buyers, and vary from young professionals to starting families. He believes these buyers are those who have experienced living in well-known developments and are ready to try a relatively new brand. Many of the professionals, he adds, are working in BGC but would rather not pay BGC-level condo rates.
Livingsprings has already completed and turned over the 47-unit residential building Seville as well as the commercial arcade, which contains the Tres Palmas showroom and various shops. The 61-unit second building Mallorca, which will feature a gym and a sky deck, is set to be completed and turned over by July 2014. Marbella, which will have an estimated 60 units, will be turned over by the last quarter of 2015.
Asked about Livingsprings’ future plans, Albert revealed their intent for a second condominium to be built in Cubao, Quezon City, as well as a townhouse development in a yet to be determined location. While he hinted at the possibility of exploring beach properties as a step towards luxury home development, he emphasized that their focus at present is creating more “value-for-money” homes.
Amenities area (artist rendering)
The living and dining area of a 2-bedroom unit (showroom set-up)
Bedroom (artist rendering)
For more information about Tres Palmas or Livingsprings Communities, visit www.trespalmas.com.ph, email email@example.com, or call (02) 4787878