This is how the clubhouse, swimming pool and basketball court at Montierra will look upon completion of the project. (CONTRIBUTED)
JOHNDORF Ventures Corp. (JVC) has started pre-selling Montierra, an Asian-themed townhouse subdivision for middle-class families in Cagayan de Oro City.
Michele Chiu-Bacungan, JVC sales and marketing manager, said among those interested in the project were Cebuanos as well as residents of Mindanao who are seeking a second home in the Misamis Oriental capital.
“We are overwhelmed by the response of the market since we introduced Montierra to our accredited sellers three weeks ago,” she said.
Estimated to cost P600 million, Montierra is a masterplanned community of 600 townhouses with a commercial center. The project site is a 7.5-hectare property near the former Lumbia airport.
Bacungan said the project is positioned for start-up families of professionals and entrepreneurs as well as overseas Filipino workers.
A townhouse is priced between P2.8 million and P3 million, which can be financed through the Home Mutual Development Fund (Pag-IBIG Fund), or accredited commercial banks.
Each townhouse is designed to be spacious, with a floor area of about 64 square meters and lot of 54 to 108 square meters. A unit will have three bedrooms and two toilet and bathrooms.
Homeowners will also enjoy the use of a grand clubhouse, a swimming pool, landscaped parks and playgrounds, basketball court and jogging trail.
Montierra is the latest economic housing project of Johndorf, which has about 30 years of experience in developing livable communities and building quality homes.
Other projects are Portville Mactan, Portville Prime, Astana and Navona in Cebu and Portville Davao in southern Mindanao.
Bacungan said the ability of the company to develop and construct two-story townhouses faster than usual allows the early turnover of the housing units.