Condo demand in Davao picks up

Real estate consultancy and research firm Colliers declares Davao is still a leading residential hub in the Visayas-Mindanao region, thanks to the growing inflow of remittances from OFWs, progressive infrastructure development, and sustained regional economic growth. This strong standing has led to an increase in demand for residential properties, particularly condominium units. Colliers sees condominium prices in Davao growing by an average of 3.2% annually over the next five years. Filinvest Land is one of the developers that is addressing this demand with their recently topped-off Building A within the Maldives Oasis condo community.

“The Davao City residential market has finally turned a corner and is seeing take-up rates reminiscent of 2016-2017 figures of around 3,500 to 3,700 units annually,” said Colliers Director for Advisory Services Karla Domingo.

This is affirmed by Lamudi’s 2022 Real Estate Hotspots Report, which cited Davao as the most searched city in Mindanao in 2022. “This may be driven by the progress of infrastructure projects benefiting Davao City residents, such as the High Priority Bus System, Mindanao Railway Project, and the renovation of the Davao International Airport,” said the report.

Aspire by Filinvest anticipates Maldives Oasis’ recently topped-off Building A within its green and healthy condo community to take on this growing demand. “With its resort-inspired features and breathable open spaces paired with a superb location in Matina, we believe that this mid-rise development can fully satisfy our discerning Davaoeño investors’ desire for green, sustainable, and future-proof developments,” said Filinvest Land First Vice President and Brand and Product Head Aven Valderrama.

Live Your Dream

Drawing inspiration from its celebrated namesake, Maldives Oasis offers a fresh take on modern resort living, with an accessible location along Quimpo Boulevard. This mid-rise condo community that offers studio and 2-bedroom units is set within a sprawling 2.3-hectare property that boasts lush greens, resort-style amenities, and smartly designed units. Filinvest Land, the developer behind Maldives Oasis and its lifestyle Aspire by Filinvest brand, recently topped off Maldives Oasis’ Building A.

“Today, we are officially topping off the first building of Maldives Oasis, taking another step toward delivering our promise of providing Davaoeños a better normal-ready home and highly appreciating investment,” said Valderrama. Building A will be home to 241 condo units.

“We are committed to our partners that with this milestone, progress is in full swing and that we will deliver the quality products and services they deserve,” said SharePro Inc. (SPI) President and COO Engr. Cherie Fernandez. SPI is a Filinvest company that provides a complete solution for architectural, engineering, procurement, and project management services.

Go green

Maldives Oasis is designed to be a haven for green living. This gated enclave features 7 stylish buildings and a generous allocation of around 65% for greens, open areas, and amenities. Lush landscapes and pocket gardens can be freely enjoyed by the residents. These features provide a true sense of serenity that typifies the coveted holiday lifestyle.

Choose health

At Maldives Oasis, indulging in mini-vacations is as easy as taking a walk to the central amenity area. Here, homeowners can experience the resort-inspired features that create countless opportunities for them to relax, stay healthy, and make memories with their loved ones. They can hit their fitness goals at the leisure pool, clubhouse, fitness gym, children’s play area, basketball court, and more.

Live smart

Buildings at Maldives Oasis are thoughtfully crafted with Filinvest Land’s innovative Venti-lite concept, with sky gardens and air wells that allow an abundant flow of natural light and ventilation. Inside are smartly designed studio and 2-bedroom units suited for individuals, newlyweds, and families who are looking to have their own oasis in the city. These units are internet-ready, too; ideal to accommodate remote work and learning needs. Residents can also enjoy peace of mind with a guarded entrance, perimeter walls, and 24-hour security.

With Maldives Oasis’ strategic location in Matina, lifestyle essentials are within residents’ reach. Prime schools and universities Ateneo de Davao University, University of Mindanao, Philippine Women’s College, and St. John Paul II College of Davao are a few kilometers away, while shopping hubs, hospitals, banks, and churches are nearby. Indeed, Maldives Oasis is an ideal home and an attractive investment for people who want to tap the lucrative rental market in the area. Pre-selling units start at Php 8,500 monthly DP with a limited-time extended down payment terms.

Dreams Built Green

Maldives Oasis’ masterplan is aligned with Filinvest Land’s long-term goal of creating green and sustainable developments fit for the needs of the better normal embodied by its rallying cry “Dreams Built Green.” Maldives Oasis is one of Filinvest Land’s over 280 projects in over 55 key areas that follow this green building principle. It is no wonder that Filinvest Land is a 10-time BCI Asia Top 10 Developers in the Philippines awardee.

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