Dasmariñas City, Cavite – The joint venture between Philippine housing developer, P.A. Alvarez Properties and Development Corporation, and Japanese realtor, Hankyu Realty Co. Ltd., takes another big leap.
On Saturday, 24 February 2018, model units of the companies’ maiden project, Idesia Dasmariñas, were inaugurated in a fun-filled day capped with games and entertainment.
The three unveiled model units are:
Gaia, a two-storey single detached unit of 63 sqm total floor area and minimum lot area of 100 sqm
Talia, a two-storey single attached unit that offers a 52.25 sqm total floor area and minimum lot area of 80 sqm.
Aria, a two-storey townhouse unit with 42 sqm total floor area and minimum lot area of 60 sqm.
Gracing the event were top officials of P.A. Properties and Hankyu, led by P.A. Properties’ Chairman Romarico T. Alvarez, President Jonathan G. Lu, Hankyu’s Deputy General Manager Masahiko Toda and Corporate Planning Manager Keiji Okamoto.
Now jointly known as P.A. Properties Hankyu One, Inc. the partnership between the two real estate firms was formalized last year, with Phase 1 of the Idesia project aiming to build 919 affordable, durable and beautiful units in 11-hectares of the 37-hectare property in Barangay San Agustin 1.
In addition to meticulously and intricately-constructed units, Idesia Dasmariñas also boasts of amenities that include gyms, swimming pools, lounge areas, jogging paths, a basketball court, bike lanes, a children’s playground, pocket gardens, and WiFi hubs.
Idesia Dasmariñas is approximately between 10 and 20 minutes away from business establishments, schools and hospitals; including SM, Robinson’s, De La Salle University–Dasmariñas, Lyceum of the Philippines University, St. Paul College-Dasmariñas, Emilio Aguinaldo College, DLSU Medical Center, Emilio Aguinaldo Medical Center, and the GenTri Doctors Medical Center.
About P.A. Properties:
For 23 years, Laguna-based P.A. Alvarez Properties and Development Corporation (P.A. Properties) has established itself a name in the competitive Philippine real estate industry by enabling the public to have their dream homes at affordable rates and payment schemes.
The company, which has already built about 19,000 housing units in Laguna, Batangas, Bulacan, Cavite, Pampanga, and Metro Manila, continues to embark on strategic expansion efforts to further build 15,000 more housing units in the next five years, thereby creating comfortable, safe, and joyful Filipino communities.
P.A. Properties, which has a capitalization of PHP2.8 billion (as of October 2017) and sales of P3.08 billion (in 2016), acknowledges that partnering with Hankyu Realty Co., Ltd. in developing ldesia would not only help the company grow its experience, expertise, and technology, but it will also help the company realize its advocacy of helping ease the more than 6 million housing backlog in the Philippines.
About Hankyu Realty:
Founded on February 17, 1947, Hankyu Realty Co., Ltd. of the Hankyu Hanshin Holdings, Inc. has been known for creating attractive and picturesque developments along the railway lines, adhering to the original philosophy of “Open up a town, build dwellings, and cultivate livelihood.”
Hankyu Realty Co., Ltd. (with a capitalization of JP¥12.43 billion as of August 2017), which line of businesses include land, house, and condominium sales; land use (“minds”); real estate mediation and brokerage; renovation and remodeling; land and building rental management, enters the Philippines through a joint venture agreement with P.A. Properties, as aligned with its full-scale overseas expansion, starting in the Southeast Asian region.
Choosing the Philippines as the third country for Hankyu Realty Co., Ltd. expansion is timely considering the country’s growing economy, which is showing an increased demand for buying a house among the young people, and they see that P.A. Properties is able to address such demand, the company noted.
Overall, Hankyu Realty Co., Ltd. will continue promoting real estate development in ASEAN countries (like Thailand and Vietnam, apart from the Philippines) to make its customers’ dream home come true.
To know more about Hankyu Realty, visit https://www.hankyurealty.jp/company/about/about_e.pdf
To know more about Hankyu Hanshin Holdings, visit https://www.hankyu-hanshin.co.jp/en/
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