Few RFO units left in Filinvest projects

DEVELOPER Filinvest Land, Inc. said most of the ready-for-occupancy (RFO) unit in two of its residential developments in Cebu have been sold.

Julie R. Castaños, Filinvest senior manager for project development, said 80 percent of the RFO units in Amalfi have been sold.

“There has been sustained demand in RFO units in Amalfi, especially now that buyers are more prompted to reside with the enticing upscale amenities,” she said in a statement.

The third medium-rise building at Amalfi, which will have a view of the courtyard, topped off last June and will be ready for turnover this quarter.

Around 92 percent of the RFO units in five Sanremo Oasis buildings have also been sold, she added.

The amenities of both clusters are nearing completion and targeted for launch before the end of this year. These include the clubhouse, swimming pools in various sizes, gym facilities and central gardens.

Castaños said about 60 percent of the respective land area of the two developments will be maintained as living spaces.

“Residents can indulge in a perfect mix of resort-inspired amenities, lush landscapes, wide open spaces and impeccable craftsmanship in these conveniently located enclaves,” she said.

Both developments are part of City di Mare, a 50-hectare township that Filinvest is developing at the South Road Properties (SRP). The township also includes a commercial lifestyle strip by the sea called Il Corso.

Filinvest has been a major player in real estate development in Cebu since 1998 with the development of Corona del Mar and Escala in Talisay City and various projects in Lapu-Lapu City such as Aldea del Sol, Mactan Tropics and Serulyan.

The company also built Grand Cenia Residences in uptown Cebu City where a subsidiary operates Quest Hotel and Convention Center Cebu as well as Crimson Resort and Spa in Mactan and Filinvest Cyberzone Cebu in Apas.