Samstag, 7. März 2015

Who has money and appetite for luxury


One more luxury residential complex to be built in Davao-Lanang

At the moment, all construction companies seem to want to be present in Davao. For years everything was quiet and all of a sudden – since about 20 months – the run starts for the big building activity: from very cheap-cheap Condos and townhouses up to the  proper luxury apartments. Right insane.

Already this year, there will be a  move in luxury and it begins with the "Siam 8000" - a proper luxury  facility with residential towers and hotels. It will be created near to he Insular Village, Davao Lanang. The investor says "Siam  8000 will set the scale for future developments in Davao, so that the city is recognized as a world-class destination where Dabawenyos and guests can purchase a deluxe accommodations underline what the city has to offer."

There are 4 projects to be built, but first it starts with the construction of two projects, the 168-unit Dusit Thani Residences and the 120-room Dusit D2 hotel. First investment will be the P2 billion for the Dusit Thani Residences. A prestigious residential complex on a lot of  1,2 hectare. The Dusit Thani Residences are characterized by pure comfort and luxury - of course in a correspondingly expensive price range.
By the way, the district Lanag of Davao was previously known only by the two Insular Subdivisions and the famous Waterfront Hotel. Otherwise, Lanang was at the end of Davao, as in the direction of Sasa, the container port of Davao. There was  more of an industrial estate atmosphere. And that will change soon completely: The Mall "SM Lanang Premier receives from the company MegaWorld a small Makati – like  the lines of Manila -with the name" Lake Shore Drive ". Next in the direction to the Insular-Subdivision since 2 years  Alcantara plans together with Ayala steps to transform the 25-hectare plot in a prestigious Hotel- Business- Beach area. And then there's the "Siam 8000". This all happens within a distance of about 1.5 km.

So, who has money and a desire for maximum comfort, here is the right place.

With best regards,

Ludwig from Davao

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