AYALA Land Premier, a unit of the Ayala conglomerate, said its high-end leisure development located in Morong, Bataan is now more than 80 percent sold, indicating strong demand for this market segment.
The company said it has sold more than 80 percent, or P9-billion worth, of inventory at Anvaya Cove in Bataan, its first venture into leisure real estate development.
Jose Juan Jugo, head of Ayala Land Premier, said the sales stem from investments in neighborhood lots, townhouses, and low-rise condominium units.
“This year, we have also seen a 58 percent year-on-year growth spike in sales from real estate and golf club shares worth P400 million, attributed to both domestic and foreign investors,” said Jugo.
“Since launch in 2005, velocity picked up since we formally opened the beach and nature club in 2008, then it continued to perform well especially when we opened the golf and sports club too,” he added.
Ayala Land Premier is the high-end brand of Ayala Land Inc. (ALI), the country’s largest property developer by market value.
Anvaya Cove has 470 hectares of property that includes both a seaside resort and a mountain retreat with 3.5 kilometers of coastline. The peak elevation is 130 meters above sea level.
Property located in prime elevated locations that offer panoramic views of the mountains and the sea range in price from P6 million to P25 million.
Jugo said the company also offers lots of from 400 square meters to 1,500 square meters, which start at P5 million.
“It is the only private luxury leisure residential development that offers an 18-hole golf course with views of both the mountain and the sea, and a beach facility,” said Jugo.
The 18-hole Anvaya Cove golf course was recently recognized as the “Best New Course in Asia” by Asian Golf Monthly magazine, a member of the Asia Pacific Golf Group, one of the premier organizations of golf enthusiasts in South East Asia.
Residents have the option to buy either beach club shares, starting at P800,000, or golf club shares priced from P1.4 million each.
Since its grand launch in December 2013, Anvaya Cove Golf and Sports Club has sold 750 shares while the Anvaya Cove Beach and Nature Club has sold 1,650 shares.
The exclusive property offers a variety of living space options including low-rise condominiums and maisonettes where residents can build their own houses.
To date, 58 homes have been built and an additional 17 are expected to be completed by 2015.
The word ‘anvaya’ is Sanskrit for family and highlights the activities
offered in the Anvaya Cove Beach and Nature Club through amenities that cater to adults, children, and even the serious athlete such as adventure trails, pools, spas, and functions rooms, among others.
Anvaya Cove centers its master plan around a vigorous and progressive environmental sustainability program to maintain its beauty and lushness.
“No residential leisure development in the Philippines has come close to Anvaya Cove. And we plan to raise this lead further by consistently improving on our product offerings, while maintaining a gold standard in our beach and golf club services as we gear up to launch more residential projects and amenities until full development completion in 15 to 20 years,” said Jugo.
Anvaya Cove is accessible via the North Luzon Expressway through the San Fernando Exit, Subic-Clark-Tarlac Expressway, and Angeles Exit. It is 25 minutes away from the Subic Freeport Zone.