Widia Properties develops mid-rise condo in Minglanilia, holds sales rally

CEBU CITY -- The WIDIA Properties & Development Corp. has developed a mid-rise condominium property in Brgy. Vito, Minglanilla, and held a sales rally on April 30 for its first residential condominium project called the Thyme Residences Condominium, its first condominium project which has 100 residential studio units, four commercial units, and 21 parking slots.

Dianne Daphne Tan, WIDIA properties chief executive officer, in a press conference said that both families of her father and mother have been in the real estate business for a long time. Her mother’s family has buildings for rent in Surigao City while her father’s family has hotels, serviced apartments, and subdivisions in Cebu.

“My father was inspired by his father-in-law to go into serviced apartments for lease to have passive income for himself and his future generations. Hence Tancor was born and has been growing more and more each year,” Tan said.

She is proud to say that Widia is currently building its 6th building. As a result of this need for quality and assured housing in our country, the company ventured into condominium selling, and so Widia was born.

Although the condo is a 4-story walk-up, it also has an elevator. It has all the amenities of a high-rise condominium but shared within 100 residential units only including a pool, an indoor gym, a roof deck, a basketball court, a mailroom, solar panels used to power the public spaces, and pet-friendly spaces, Tan added.

According to Ralph Sagarino, Business Development officer, to ensure the safety of condo owners, there is 24/7 security, well-lighted parking spaces, materials recovery facility, sewerage treatment plant, fire alarm system and sprinkler, elevator access, standby generator, and uninterrupted water supply.

Sagarino bared that as of press time, 50 percent of the units are already sold and the property is 90 percent complete and is expected to be fully completed by December 2023 with all units ready for occupancy.

Tan also revealed that WIDIA Properties is a property developer that focuses on creating beautiful spaces for every family. The company is committed to provide better communities for Cebuanos and, with its 30 years of experience in property development, they have learned the kind of home that will last for a very long time. This includes keeping updated on energy-saving technology and other advancements.

Tan said, WIDIA Properties chose Minglanilla as the location of its first condo project because of its potential. “Minglanilla is an ever-fast-growing municipality and soon-to-be city. It has developments springing up in every corner with the Minglanilla Techno Business Park coming very soon.

The condominium’s location at Upper Calajoan Road will prove residents with an opportunity to enjoy some quiet and a nice view of nature and trees. For people who are used to the city buzz, Thyme will be a breath of fresh air.

For the commercial units, the company aims to have convenience stores, coffee shops, and service providers such as a laundry shop and a medical clinic. Tan said that Widia wants to its residents to feel like their necessities have already been met by having these services just below them without having to go so far.

Tan said that condo development is here to stay because there is always a market of residences because it is a basic necessity. The Philippines is an ever-fast-growing economy with our population increasing each year there will always be a need to provide a roof for our families and their families.

 “The competition comes down as to who can provide quality homes and an assurance of safety and security for their unit owners. I think that is what developers should focus on and that is what unit owners and investors should look for when choosing a developer,” Tan added. (Photos: Widia FB/Google Images)