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PA-Hankyu One, Inc. Holds Ceremonial Groundbreaking for Idesia Dasmariñas Phase 2 and Idesia Heights; Inaugurates New Showroom & Sales Office

Dasmariñas, Cavite – PA-Hankyu One Inc., the joint venture between Laguna-based developer P.A. Alvarez Properties and Development Corp. (P.A. Properties) and Japanese real estate giant, Hankyu Hanshin Properties Corp. (HHPC), is expanding its footprint with the groundbreaking of the 9.18-hectare residential communities of Idesia Dasmariñas Phase 2 and the 5.64-hectare Idesia Heights. Both are welcome additions to the 11-hectare Phase 1 that was launched in 2017.

Idesia Dasmariñas is the flagship project of the joint venture and is the third overseas project of HHPC in the Southeast Asian region. The 37-hectare Idesia Dasmariñas township is a masterplanned community that will cater to urbanites; startup, growing or middle-income families; and those who seek to upgrade their total community living. Apart from affordable yet attractive dwellings, they will get to live in a property that preserves the original greenery of the site, plus the addition of more trees and flowering plants.

Idesia Dasmariñas Phase 2 will have 648 housing units and is expected to generate PhP2B in total sales. Price ranges from PhP2.80M to PhP7M.

Inspired Living at Idesia Heights

There is more to home than fine finishes, quality craftsmanship and architectural integrity. At Idesia Heights, homes will reflect all of these and more. An exclusive community that will employ high architectural standards, this quaint, charming enclave will be further enhanced by detailed garden landscaping. The floor plans were well thought out to balance luxury with the comfort and coziness of a family home.  Quite simply, Idesia Heights is envisioned to be the ideal place where even a large family can grow and have the space to create wonderful memories together.

Idesia Heights will have 300 housing units which will be available in 120sqm LA/82.98sqm FA and 96sqm LA/63.3sqm FA cuts and is expected to generate PhP1.5B in total sales. Price ranges from PhP5M to PhP8M.

An idea whose time has come

“We have worked toward this end over the past year and being able to break ground for Idesia Phase 2 and Idesia Heights is most gratifying,” shared Mr. Romarico “Bing” Alvarez, P.A. Properties Chairman. “Through Idesia Dasmariñas, we will be providing families with a great community with amenities homebuyers are looking for in a more expensive home, but at a reasonable price.”

Unlike other residential communities, Idesia Dasmariñas will be introducing lush, expansive green spaces — the perfect respite for couples and urban professionals after a long, busy day at work. “With its modern Asian aesthetics, coupled with environmentally-friendly features, Idesia is simply a warm, welcoming place people would truly want to live in,” Alvarez added.

When it comes to choosing a new home, location is near the top of the list, and with good reason. Schools need to meet the educational demands of children, and great shopping and dining options need to impress the family. In addition, most want to live in an easily accessible area so precious time isn’t wasted on transit. Taking all this into account, Idesia provides the ideal location for home buyers.

Strategically located near two main arteries going to and from Cavite and into Metro Manila, the community is within the usual route of provincial buses and express vans and within a reasonable distance from Coastal Road and South Luzon Expressway.

Shopping malls like SM City, Robinsons Place, and Waltermart in Dasmariñas are within reach from Idesia as well as educational institutions such as De La Salle University – Dasmariñas, Lyceum of the Philippines University (Cavite campus), St. Paul College Dasmariñas, and Emilio Aguinaldo College. DLSU Medical Center, Emilio Aguinaldo Medical Center, and the GenTri Doctors Medical Center are all a stone’s throw away between 10-20 minutes from the project site.

For those wanting a quick relaxing trip outside the city, Idesia is about 30 minutes away from Tagaytay and less than two hours from Nasugbu, Lian, and Calatagan in Batangas.

New Idesia Showroom & Sales Office

Coinciding with the groundbreaking of Idesia Dasmariñas Phase 2 and Idesia Heights is the inauguration of the new showroom & sales office. Situated at the entry point of Idesia, the 30-M, 1,936 sqm Idesia Showroom & Sales Office will boast of modern Japanese-inspired architectural design and will house the sales reservation/booking area. “Advancing the way service is delivered to potential customers requires state-of the-art facilities designed to provide people with an environment that is conducive to addressing inquiries and concerns and a space that can adopt new technologies as they become available. The new Idesia Sales Office was built on that premise,” Alvarez pointed out.

Apart from accommodating sales inquiries and entertaining potential clients, the new Idesia Showroom & Sales Office will also showcase the materials used in housing construction, three-dimensional scale models of the housing units and the entire master-planned community as well.

A classy Idesia marker welcomes guests to the groundbreaking of Idesia Dasmariñas Phase 2 and the inauguration of the new Idesia Showroom & Sales Office

Committed partnership and shared purpose

P.A. Properties – Hankyu One, Inc. is set to further develop the Idesia community in the coming months. In addition to building housing units, the partnership is also planning to include a commercial component to the communities.

“We are thrilled to expand our partnership with P.A. Properties, who is executing well in all its projects and has gained an impressive reputation as a community developer in areas south of Manila,” shared Masahiko Toda, Hankyu Hanshin Properties Overseas Business Division General Manager. “We share the same vision and together, I believe we can unlock embedded real estate value allowing both our companies to advance our respective growth strategies as we progress to the next stage of Idesia’s development.”

Answering questions from the media (from left to right) Jonathan G. Lu (President, P.A. Properties); Romarico “Bing” T. Alvarez (Chairman, P.A. Properties); Yusuke Kusu (Vice President, Hankyu Hanshin Properties Corp); and Masahiko Toda, (Overseas Business Division General Manager, Hankyu Hanshin Properties Corp.)

 

About P.A. Properties – Hankyu One, Inc.

P.A. Properties- Hankyu One Inc. is a joint venture between homegrown P.A. Alvarez Properties and Development Corp. (P.A. Properties) and Osaka-based real estate giant Hankyu Realty Co., Ltd. Known for building affordable, quality homes in Laguna, Batangas, Cavite, Bulacan and Metro Manila, P.A. Properties signed the first joint venture agreement (JVA) in June 2017 with Hankyu Realty of Hankyu Hanshin Holdings, Inc., which is known in Japan for developing picturesque communities along railway lines.

Borne out of the shared mission of providing good housing for the working people in the Philippines, while supporting the nation’s economic growth, P.A. Properties-Hankyu One, Inc. officially broke ground on a master-planned community project in Dasmariñas, Cavite called Idesia in December 2017. Idesia is the first phase of the second housing development of P.A. Properties in Dasmariñas whereas it is Hankyu Realty’s third overseas undertaking in Southeast Asia, next to Vietnam and Thailand.

 

About P.A. Properties:

Through the 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.

Having built more than 27,000 housing units in Laguna, Batangas, Bulacan, Cavite, Pampanga, and Metro Manila, the company continues to embark on strategic expansion efforts to further build 20 additional housing communities in the next five years to help ease the more than 6 million housing backlog in the Philippines while contributing to the growth of the economy as well.

About Hankyu Hanshin Properties Corp.:

Founded in Osaka, Japan on February 17, 1947, Hankyu Realty Co., Ltd. of the Hankyu Hanshin Holdings 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.”

On April 1, 2018, Hankyu Hanshin Holdings Group consolidated the Hankyu Realty Co. Ltd. and the real estate business departments of both Hankyu Corporation and Hanshin Electric Railway Co., Ltd. to establish a new company, Hankyu Hanshin Properties Corp. The restructuring aims to integrate real estate business resources and know-how of Hankyu Hanshin Holdings Group to establish a framework using collective strengths in order to promote and accelerate the growth of real estate business to the extent possible.

 

As a core company which carries out the real estate business of Hankyu Hanshin Holdings Group, Hankyu Hanshin Properties Corp. will contribute to expanding the real estate business not only in Umeda and areas along Hankyu lines in Kansai, but also in Tokyo metropolitan area and foreign countries.