HOMEGROWN real-estate developer Escandor Development Corp. (Esdevco) announced that the construction of the Building B of the Enclaves Residences of the Matina Enclaves, the maiden mixed-use property development project of the company, is already 85 percent complete as of October 30.
"We are now one step closer to making your dreams come true," Matina Enclaves project director Gerald Kent Garces said in a press statement.
Construction of the first building of Enclaves Residences is still on track and set to be completed by year-end.
Garces said units for the first building (A) are set for turnover to owners by December.
He added that Building C piling is set to commence by the fourth quarter of this year. Meanwhile, the Arcadia Sports Complex, Garces said, excavation and structural preparation are on-going.
For the sales of the buildings, the first four buildings were already sold out.
For the fourth building (D),it was already sold out just some five months after it was launched on May 15.
Garces said with the 100 percent sold out status of the fourth building, only the fifth building has units that are still available.
Last August, the sales agents, managers, brokers, and all the teams of Matina Enclaves breached their P1 billion target for the year within the first six months.
Garces said since the year is passing very briskly, they also plan for expansion. Esdevco recently purchased a property that will help them generate additional inventory for the coming years.
Matina Enclaves is a 5.3-hectare development situated along Quimpo Boulevard in Matina just across Matina Golf Club; a residential community offering a sanctuary from the metro’s hustle and bustle.
It offers three residential areas, an open lot development through its pocket development called “The Plains,” single-detached houses in “The Courtyard” and a condominium living concept through its Medium-Rise Condominium Project, called “The Enclaves Residences.”
"Just adjacent to Davao City Golf Course you will surely enjoy the picturesque of Mt. Apo and the vicinity of nature at your doorstep. We offer an experience of exclusive living within reach," he said.
