Johndorf Ventures Corp. (JVC) launched last month its latest project in Cagayan de Oro City, and has since been pleased by the reception of the market in the city and the rest of Mindanao.
Montierra, a subdivision of Asian-themed townhouses for the middle-class, also drew interest from Cebu-based clients who travel often to the Misamis Oriental capital for professional or trading reasons.
It introduced the project in Cebu in mid-April after the company presented the project to the brokers with their agents and prospective homeowners, with quite a number of them opting to buy in time for project’s launch last month.
A number of the initial buyers from Cebu and elsewhere in Mindanao wanted a second home in Cagayan de Oro, she noted.
Bacungan expressed confidence that Montierra will further “sell like hotcakes” as the company experienced with Portville Mactan, Portville Prime, Astana and Navona here in Cebu and with Portville Davao in southern Mindanao.
She said the ability of the company to develop and construct 2-storey townhouses faster than usual allows the early turnover of the housing units that also yields earlier returns to the brokers and agents.
With an investment of P600 million, Montierra is master-planned as a community of 600 new homes with a commercial hub that sits on a 7.5-hectare property near the former Lumbia airport.
Bacungan said the project is positioned for start-up families of emerging professionals and entrepreneurs as well as overseas Filipino workers who can afford homes priced between P2.8 million to P3 million.
Residents will enjoy the use of a grand clubhouse with a spacious swimming pool, landscaped parks and playgrounds, basketball court and jogging trail, it was learned.
Each townhouse is designed to be spacious than usual at about 64 square meters in floor area and stands on 54 to 108 square-meter subdivided lot, each with three bedrooms and two toilet-and-bathrooms.
For more details, one may contact any accredited broker or visit the Johndorf office at the 14th floor of Ayala Life – FGU Center across the Terraces of Ayala Center Cebu, call 266-6190, or visit their website by clicking Johndorf Ventures.