REAL ESTATE – Page 4

Consolacion, Liloan and Minglanilla, on the verge of Cityhood

Minglanilla, Consolacion and Liloan are municipalities in Metro Cebu that are now on the verge of cityhood based on the qualifications set forth by R.A. 9009, the governing law on cityhood or conversion of a municipality to a city.

Republic Act. 9009

locally generated income of at least ₱100 million (based on constant prices in the year 2000) for the last two consecutive years, as certified by the Department of Finance, AND
a population of at least 150,000, as certified by the Philippine Statistics Authority (PSA); OR a contiguous territory of 100 square kilometers, as certified by the Land Management Bureau, with contiguity not being a requisite for areas that are on two or more islands

Size

For the territorial requirement of 100 square kilometers, not one among the three Metro Cebu towns can qualify since they all have a smaller land area, with Consolacion having only 37sq.km, the smallest of the three.

So the only way to go is to comply with the two other requirements. Income and Population.

100M Annual Income

Money seems not a problem these days for Consolacion, Liloan and Minglanilla as they all have annual earnings exceeding the minimum parameter of 100M.

150,000 Population

On the question of population however, not one of the three can make the cut. That is if we refer to the latest census of 2015:

Liloan: 118,753

Minglanilla: 132,135

Consolacion: 131,528

But that is four years ago. These are fast growing urban areas that are averaging 4% to 10% year-on-year growth on its population.

Looking at the demographics, both Consolacion and Minglanilla should have breached the mark already as early as last year (2018), while Liloan will also make it in 2020 or 2021 at the latest.

Cities enjoy greater autonomy from the national government and a much bigger share of the Internal Revenue Allotment (IRA).

But the biggest change of all for new cities aside from the label, is the prestige and distinction it gives to all its residents.

A moment of pride and collective excitement for the milestone in history, when their once sleepy town finally ‘arrived‘ to join the big league.

Of course it is the people through a plebiscite who will eventually decide the fate of any cityhood proposal, but almost always, the excitement and human instinct for self -advancement prevails.

To the people of Minglanilla City, the City of Consolacion and Liloan City, congratulations in advance and please keep your city clean.

A 500 Million Miracle

“We have been telling the people that this is built by Duros Development Corp. completely on their own.

(A repost from a Sunstar 2015 story)

FOR its 25th anniversary, a construction company turned over to the Archdiocese of Cebu the main venue of an international religious conference in January 2016.

Lito and Fe Barino of Duros Development Corp.

handed a symbolic key to the International Eucharistic Congress (IEC) Pavilion during a ceremony last night to Cebu Archbishop Jose Palma.

The archbishop said that Duros built the facility for more than P500 million and that it can accommodate about 12,000 people.

“We have been telling the people that this is built by Duros Development Corp. completely on their own. So, from the perspective of IEC, this is totally free,” Palma said.

Because the building is free, he said, the proceeds of a fundraising campaign can be devoted to other expenses like the speakers’ transportation, the liturgy, the congress proper and the seminary.

“If not for Duros, we would not be able to cope with the entire Eucharistic Congress,” Archbishop Palma said.

Huge, beautiful

During the Holy Mass, Archbishop Emeritus Ricardo Cardinal Vidal said he believes that the IEC Pavilion is “a miracle from God.”

“I could hardly believe that this would happen, that we have a pavilion as huge as this, as beautiful as this. God has given this and made this a reality. Lord, thank you for giving us this building,” Cardinal Vidal said. “I hope that it will remain forever.”

Archbishop Palma said he believes it would be easy to get bookings for the venue after the IEC in January, Cebu being an attractive destination for events.

“In fact, yesterday, there were a lot of reservations for big events like the Cursillo, and from groups like Couples for Christ and the CBCP (Catholic Bishops Conference of the Philippines), among others. We have bookings already for this year and next year, and we are happy to note that,” Palma said.

Future uses

To help Duros recover the cost of building the pavilion, it will be given the right to develop a two-hectare property near the San Carlos Seminary in Barangay Mabolo, Cebu City.

“Of course, that will be subject to a MOA (memorandum of agreement). Like many others, for instance, they can develop properties of the church that are available for lease until they are able to recover their investments for this pavilion,” Palma said.

In a separate interview, Fe Barino confirmed that they spent more than P500 million for the construction of the structure.

After the IEC, the pavilion will be divided into two: a conference facility and a seminary. Its floor area is 25,754 square meters.

The pavilion can accommodate from 12,000 to 15,000 for the IEC proper. But after it is split once the IEC is over, the remaining conference space can still accommodate 8,000 to 10,000 people.

“The church or the IEC did not spend anything for this pavilion. The fundraising was for the IEC expenses,” Barino explained.

Privilege

This means proceeds from the “Piso Para sa Misa ng Mundo” are solely for the IEC operations expenses.

Barino added that the building was 97 percent done, with finishing touches to be added soon, “but the church can already use the pavilion for any event.”

When asked why Duros agreed to build the pavilion for free, Barino said there was a call from the archbishop “and we just said yes because we feel that it’s also a privilege for us to serve the Lord.”

“We have received so many graces from God. We cannot say no. We want to help Cebu and the Philippines in hosting IEC,” Barino said.

She said that the archbishop’s call was also well-timed, because the company had just finished building Padgett Place condominiums in Lahug, Cebu City.

The condominium was completed in October 2014, and the archbishop called them the month after that.

“Normally, it would take one or two years before we can start a project but here, we were able to mobilize in less than two months,” Barino said.

Condominium Villas, a Duros Prime Collection

A Single-Detached house with a Condominium Title( CCT), combining the best of both worlds. Unparalled, exquisite and luxurious.

Duros Prime introduces One Tectona Villas, a very limited collection of spacious single detached houses with more 125sq.m. of private indoor space, in a backdrop of fully grown mahogany trees.A luxury of extra indoor and outdoor space more conducive to accommodating guests, families, children and pets.

But wait, One Tectona Villas is also a condominium with well appointed amenities including spas, BBQ areas, jogging trails, recreation rooms and a clubhouse with a swimming pool perched on a hill offering a majestic view.

There’s even a famous Cafe nearby called Cafe 80-20.And with Duros Prime, it also comes with a free lifetime membership to Liloan Golf and Leisure Estate

Indeed the best of both worlds, and with the condominium title, foreigners can legally own this and possess under Philippine laws.One Tectona Villas is located inside The Woodlands in Liloan Cebu.For inquiries, contact your local broker or email at allandurosland@gmail.com

Duros Land Properties at the frontline. Making things happen!

Homegrown developerDuros Land Properties Inc. is an offspring of Duros Development Corporation, an ISO certified, Triple A contractor with a reputation of uncompromising standard for quality and durability.

After gaining 25 years of solid track record in public infrastructure, the company decided to venture into real estate with Duros Land Properties.

The first undertaking was the 26-storey Padgett Place condominium in Lahug, Cebu City. It is a luxurious and low density tower with only six to eight suites per floor. A welcome addition in a market flooded with studio units that does not offer much of a space.

In its hometown of Liloan, northern Metro Cebu, the company envisioned game-changing projects for its growing landbank and just waited for the best time to implement these blueprints.

The first project was Woodland Park Residences, now a community of more than a hundred homeowners. The Duros brand of quality and workmanship was apparent in every stage of the development, so it came as no surprise that units were sold-out fast and market value is steadily increasing to this day.

Duros then consolidated its land assets and launched Northside Beacon in 2018. An audacious master-planned township encompassing five mountain barangays of Liloan.

Northside Beacon feature residential enclaves, commercial strips, an institutional complex and tourism facilities. It is anchored on two existing central amenities, the Divine Life Institute of Cebu and Liloan Golf and Leisure Estate, a par-72, 18-hole championship course with a mountain resort component in a sprawling area of more than a hundred hectares.

Membership to the golf course is exclusively limited to buyers of select projects like One Tectona.

Intended to be an active retirement zone as well as weekend home resort to rejuvenate and pamper weary city dwellers, One Tectona is a five-tower series in an area surrounded by mature hardwood trees. Nature at its best.

The first building is now under construction and slated for completion next year.

Aside from end-users, One Tectona also presents a good potential for room rental business considering the accommodation requirement of Liloan Golf for its visiting international players.

Bay-Ang Ridge, another residential enclave in Barangay Sta. Cruz with 134 housing units. Launched in December 2018 and now only a handful remain. A certified best-seller!

Next in the pipeline is a limited number of premium single-detached houses in an exclusive annex of The Woodlands Phase I. Only 18 units will be up for the taking.

In the drawing board is another upscale residential development with a commercial promenade, acedemic center, and recreational facilities.

Being finalized as well is a bold venture into the grandiose and majestic. An ultra-exclusive subdivision with minimum lot sizes of 2000 square meters. How’s that Señorito? The 65-hectare ‘Legacy Estate‘ is located not far from the golf-course and will feature tree- lined avenues and scenic round-abouts. Residents can even buy their own helicopters for utmost convenience and style.

Duros Land is also expanding its tourism foothold with the opening of Gana Siargao, a 38-room resort in Siargao island and by last quarter of this year, Minore Hotel in Mabolo will add another 40 rooms to its room portfolio.

Located beside IC3 Convention Center and Landers Superstore, Minore Hotel will be the final piece to complete the 23 Minore Park story, the defining development of Duros Land in the nucleus of Cebu City.

With innovative projects and a trusted brand, Duros Land Properties intends to stay ahead of the curve and charge forward with passion and vision.

Liloan Golf and Leisure Estate to open December 2017

No membership will be offered for sale. Only buyers of its limited fairway lots can have lifetime membership to the golf course as well as very limited number of investors from The Padgett Place and Woodlands Resort Communities, both developed by its mother company, Duros Land Properties.

This satellite shot shows the greening of the fairways of Liloan Golf and Leisure Estate which is scheduled for opening December 07 2017. It is a massive development in the mountains of San Roque, Liloan, Cebu, and is anticipated to spur growth not only to the economy of Liloan but will also shift the real estate focus towards Northern Cebu.

Liloan Golf and Leisure Estate(LG&LE) is a flagship project of Duros Land Properties, a subsidiary of Duros Group of Companies. It is a 202 hectare prime development envisioned to be a self-sufficient community complete with parks and outdoor amenities for the select few who will call it home. But the centerpiece of it all is an 18-hole Golf course through challenging terrains and hills. A golfer’s paradise in short.

To maintain the beauty of nature in this pristine place, access to the club is controlled and highly exclusive. In fact, no membership will be offered for sale. Only buyers of its limited fairway lots can have lifetime membership to the golf course as well as very limited number of investors from The Padgett Place and Woodlands Resort Communities, both developed by its mother company, Duros Land Properties.

Duros Group is also the developer of 23 Minore Park, The Padgett Place and The Woodlands Resort Communities.

For Reservations and Inquiries, please call 0939-566-2846 or email at allandurosland@gmail.com

Share this:

Share this:

Share this:

Share this:

Share this: