Matina Enclaves jumpstarts to busy sales season

By NEILWIN JOSEPH BRAVO
It’s just the early start of the year but things are already looking rosy for Matina Enclaves.
Escandor Development Corporation (Esdevco), a homegrown developer with rich legacy in hospitality and security services business, is reaping the rewards of an aggressive and fast-moving development of its initial real estate venture.
Let us count the ways.
Begin with forty inventory units at The Courtyard already sold out with four units currently under construction. All lots at The Plains also sold out. And at the coveted condominium buildings, 95 percent of Building 1 is sold and 25 percent of the inventory in Building 2 is now covered with Letter of Intents from interested buyers.
If that is not phenomenal, what else could be exciting?
“Esdevco through its aggressive development phasing has gained so much public trust and confidence.  As a new developer we need to show the public that we are serious with this engagement that is why we placed so much development for the past year,” says Gerald Garces, the man with the unenviable job of developing and selling The Matina Enclaves.
“With the positive response from the public as evidenced by our sales makes us even more motivated.  We still have much to show this year, and this is what makes Matina Enclaves a very exciting project,” Garces said.
If at all, Garces is saying there are more exciting things ahead for the project that has been the talk of the town since its launch, his statement only echoes the commitment of its owner and project brains Glenn Escandor, Esdevco president.
“This is our first venture into real estate and just as we have been successful in our other businesses, we wanted to bring that trademark to this project,” said Escandor.
Escandor’s upbeat attitude towards the project has rubbed off on Esdevco’s entire team from the development to the marketing side.
“We need to push strongly because the competition is very stiff. We are a Davao based company and we wanted to showcase that competitive spirit in this project. We complement our words with well-calculated actions. At the end of the day, it’s a project Dabawenyos will be very proud of,” Escandor said.
Garces said The Courtyard has generated good comments from the buyers because of the design, functionality. He admitted there have been several inquiries and interested buyers which have yet to be served because all units have been sold.
The Plains was also a big hit and because of the project’s good location which has been its main selling point, a good number of investors have purchased multiple lots which sold for an affordable rate of 18,500 per square meter.
The Enclaves Residences, the condominium component of the project, is also selling briskly with the first building already 95 percent sold since it was launched August 2014.
Despite the stiff competition with the mushrooming condominium projects in Davao City, Garces said The Residences is receiving good feedback due to design functionality, superior turnover finished and competitive pricing and payment term.
Construction of The Residences’ first building commenced six months ahead of schedule. Excavation works are now ongoing with structural works set to begin next month.
Esdevco likewise began promoting Building 2 and now has around 25 percent of the inventory covered with Letter of Intents from interested buyers.
For good measure, The Matina Enclaves now boasts of completed road development, perimeter fencing, main gate with guard house, and a two-storey clubhouse aptly named CAME which has a meeting room that can be rented, billiard tables, gym, playroom for kids and a function hall that can accommodate big functions such as weddings, debuts, reunions, conventions, and other celebrations. The whole facility can accommodate approximately 200 persons.
The CAME’s swimming pool is scheduled to start construction by the middle of the year while the installation of electric posts by Davao Light and Power Company as well as water supply from Davao Water District is expected by April.
“With that pace of development, who would not be cashing in on a worthy investment?,” said Garces.