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FILINVEST Land Inc. (FLI) announced on Friday that it would be
building its first mixed-use vertical development on a recently
acquired lot along Ortigas Avenue Extension.
The project would entail several
clusters of medium to high rise residential, business process
outsourcing (BPO) office and commercial buildings, FLI said in a
statement.
The mid-rise residential studio,
1-bedroom and 2-bedroom units priced between P1.3 million and P2.5
million would target the middle-income market.
The firm said it would offer its
new EZ Home Credit in-house financing scheme of up to 25 years at
11.5-percent fixed interest rate, in the 5 years that the average
employee including call-center agents in the BPO offices within the
complex could afford.
Besides the in-house loan
facility, bank financing is also available with only 10-percent down
payment.
The development would also
include a clubhouse, swimming pool, basketball court, children’s
playground and meditation garden Likha C. Cuevas-Miel
Last July, FLI started
developing Somerset Lane in Tarlac and Hamptons Orchards and
Claremont in Pampanga. It also expanded its reach to Mindanao with
the development of the 50-hectare Kembali Coast in Samal Island,
Davao, which has a 1.8-km beachfront.
Other FLI provincial projects
include Escala in Talisay, Cebu and West Palms in Puerto Princesa,
Palawan.
--Likha C. Cuevas-Miel
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