Prestige project: Lakeshore
Drive behind SM Premier Lanang / Davao
It is known now that
two condo towers of "Lake Shore
Drive" have been completely sold - even though the customers have to wait about 5 years to move
in. It's about the two residential towers with 21 floors and 354 condos that
have views across the sea to the island of Samal. This means for "Suntrust
Properties" a sales revenue of
about 2.1 billion pesos. Not bad.
It was a surprisingly good start in the real estate market
in Davao and probably the other two residential towers will follow soon.
The attraction is certainly the large artificial lake with
jogging opportunities (= eco-tourism), the proposed exclusive restaurants, the
school complex and the generous "Davao Finance Center" - a building
with 15 floors for offices. Even a small hospital and a church will be built.
Everything should be like in Makati / Manila , according to the motto: Live,
work, learn and play. "All from one hand”
It is not clear if someone has thought of the new amount of extra
cars and the expected traffic problems.
With
best regards
Ludwig from Davao.
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