MINERVA BC NEWMAN
CEBU CITY-- Vibo Land, the real estate development arm of Vibo Group of Companies topped off its West Jones residences, Friday July 30 at Uytengsu St., along Jones Ave., this City.
"The address itself creates a solid value proposition for both homeowners and investors," Vibo Group marketing head Allen Andre Suarez in a media briefing. Suarez added that the location of West Jones makes for an iconic spot in the metro and its the perfect link between the historic downtown district and the modern uptown area of Cebu City.
West Jones Residences is a modern high-rise building that sits on 1,238 sqm of property with 307 living spaces spread across 15 floors. The studio type is 22sqm unit while the one-bedroom unit is 41.45sqm. Both units are designed with the value of space and storage in mind.
According to Andre, West Jones' market are students within the university belt area around the property; young professionals and small families looking for balance and funtionality with leisure and 70 percent of its units are already sold out.
Some of the notable amenities of West Jones include swimming pools for adults and kids at the roof deck; amenity lounge, gym, function rooms, a prayer room, 24-houe security, elevators, standby generation system and parking spaces.
Vivo Land's target turnover for the units of West Jones is at the first half of 2022. With the property's unit values showing a robust appreciation of up to 35 percent in the last four years, Vibo Land ia very optimistic that West Jones is a stable and sound investment amid the pandemic.
"We are grateful to be part of the industry that continues to thrive even with the challenges posed by a global health crisis. Real estate is one of those sectors that can still offer rewarding returns for those who seek safe investment opportunities," Suarez said and he remains hopeful about the industry's growth in the next few years.
No comments:
Post a Comment