A new condominium that offers tropical vibes is about to rise in the southwestern island off the main Mactan Island of Cebu, a project that would exude luxury sans the exorbitant tag price, according to the developer.
The Palmava by JohnDorf Ventures Corp. is in the blueprint to emerge from a one-hectare area in central Cordova, at the southeastern end of the iconic, and the Philippines’s longest bridge, the Cebu-Cordova Link Expressway.
The project is near facilities and amenities, from schools, hospitals and government offices, to business centers, shopping malls, with one mall just across Tower A, and the current upscale mixed-use development projects along Cebu City’s South Road Properties.
The four towers will all be medium rise, at 14 floors for Towers B, C and D, and 12 floors for Tower A, to comply with the building height restrictions due to the island location of the Mactan International Airport.
The towers will have four categories of residential units: the typical studio, one-bedroom and two-bedroom units, and the luxury garden suites at the second floor of the tower. The Garden Suite Residences are set apart from the typical residences from the larger floor space allotted to each unit, with wider balcony spaces for each unit. The Garden Suite Residences have also the three unit sizes, the studio, the one-bedroom and two-bedroom units, the latter two unit sizes with a spacious balcony measuring 24 square meters.
‘Prospective unit owners may also find the affordability surprising,’ the company said. One can own a typical one-bedroom unit at a monthly payment of only P20,000 and the two-bedroom unit for P25,000 monthly payment, cheaper by notches compared to the typical condominium projects across the country.
‘It’s like being in a business class section of an airline bought at an economy fare.’
As the project name Palmava connotes, the aura of the entire condominium project imitates the tropical vibe of the Iberian Peninsula, inspired by the La Palma island in Spain, ‘often referred to as the greenest island,’ the promotions brief of JohnDorf read.
‘Palma also evokes the image of palm trees, which are commonly found in tropical resorts. Nova mean ‘new’ or ‘modern’ in the Catalan language,’ it added.
As the first of four building towers were yet to see actual construction in 2027, the Filipino-owned company said all the 20 studio units of Tower A were all sold out already.
The developer, JohnDorf Ventures Corp., has been in the real estate business since 1986, with many of its earlier projects, mostly subdivisions, spread across many cities in Mindanao, from Iligan, Cagayan de Oro and Butuan in the north, to as far south as Davao City in the south.