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Evo-City : Alveo launches a new CBD at Kawit, first in Cavite

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Evo-City : Alveo launches a new CBD, first in Cavite


Kawit is Not far from the airport


New CBB to rise in Kawit, residential lots sold out - Business Malaya, A12


ALVEO Land has sold out the first phase of The Residences, a residential subdivision within its mixed-use estate in Kawit, Cavite

41-hectare site in the southern portion of Evo-City, comprising 760 lots, for phase 1 and phase 2.


( Prices were a minimum of P 30,000 psm for residential lots, it has been reported)


+ P 3.5 billion generated from the sale of 395 lots (/395 = xx average per lot)

+ Alveo estimates The Residences phase two will be offered at 15% higher next year

+ Lot prices for average size of 325 sq meters were between P 9 mn - p 13.5 million

+ Residences is a low density residential development with a main park, basketball court, and a children's area

+ The clubhouse will have a function room, a boardroom, a lap pool,lounge pool and children's area

+ Turnover will be in 2020


The commercial area of the CBD will be launched in the second half of 2018


"Future residents, workers, and visitors will experience an orderly, eco-friendly lifestyle with all the conveniences of a major CBD"


Evo-city will be walkable, and pedestrian friendly

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From the DATA thread


Filipinos prefer Land


If the 3BR index is "inflated" by the way the data is collected, and BSP data is more accurate,

then I would expect that there is an ongoing fall in real prices (measured by the BSP vs inflation.):


Filipinos and Filipinas prefer Land (and Lots) to Condos.


I am told that lots at Ayala's new Evo City project went on sale on Friday:




Sales Value: P7.48 w/VAT - Ave. Selling Price: P30K / sqm

"evo city launched today"

"I heard! Sold out in 7 hrs!"

"Yeah, sold out in a day. That's for phase 1."

"I'm not there in the launch. broker friends who are there are all amazed by the speed. lots are being gobbled up every hour."

"And they announced 7% increase after one day!"

(thnx to D. and J.!)


> http://www.greenenergyinvestors.com/index.php?showtopic=18811&page=16

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