Relatively a new branding in the market, CoHo or Condo Homes by the Villar-owned Vista Land, continues to blaze the trail in the residential property market as it sets to offer this redefined and curated lifestyle in Davao City.
The ceremonial shovelling of the first building of CoHo development The Terraces on Saturday affirmed that the brand will soon give new meaning condominium living.
The first building named San Giorgio will be one of the five 15-storey mid-rise buildings of The Terraces which will rise in a 1.6 hectare property in Brgy. Ma-a.
Carlo Refamonte, area head for Mindanao said in an interview that the company is eyeing to go full blast in terms of construction by January next year.
“We are already done with the clearing and by January next year we will be in full blast when it comes to construction. The construction with mid-rise is quick because it is mid-rise and our timeline for the completion of one building is usually three years unlike when it comes to high rise it will take five years of construction for one building,” Refamonte said.
CoHo is usually faster to construct and completion is expected within three years from pre-selling stage.
Refamonte said they have allotted a frontage of approximately 400 square meters to 500 square meters from the 1.6-hectare for future commercial development. He added that the residential development will cover 800 square meters.
“We are a dedicated property developer when we do so not only residential but we make sure that we allotted commercial space as well in the frontage facing the Ma-a road,” he said.
A mid-cost brand with prices range from P3 million and above, Refamonte said they are looking at the buyers with an income of more than P50,000 monthly as market for CoHo. The brand is looking to serve its primary target market comprised of young professionals, starting families, and discerning investors ranging from 25 to 45 years old.
CoHo’s unit configuration are bigger beginning at 30 sqm for one bedroom units while two bedroom units are at 40 sqm and the unit layouts resemble a square and not the typical narrow layouts of most condominium units.
The property where The Terraces will soon rise is thriving with existing acacia trees. Refamonte assured that they will preserved the trees as part of the development.
“When we developed our subdivision or condos we make sure that we comply the greening space at the same time we make sure nga nakatanum ang among mga kahoy,” he added.
He also said the recent earthquakes have opened opportunities for them to improve further the structural designs of their buildings.
Apart from The Terraces, other CoHo developments by Vista Land that will soon rise in strategic areas of Davao City are The Acropolis in Lanang, The Frontera in Tigatto, Buhangin; and The Evora in Communal, Buhangin which is five minutes away from the Davao International Airport (DIA).
CoHo is Vista Land’s newest brand for beautiful, stylish and high quality mid-rise residential condominium developments in highly urbanized locations nationwide. The brand aims to seamlessly combine the style and energy of condo living with all the convenient amenities of a home through Vista Land’s integrated property development call Communities.
CoHo goes beyond by providing a revolutionary set of lifestyle amenities that include a co-working space in a coffee shop, a complete toolbox in a one-stop home improvement store, and an entertainment room that’s a world-class cinema.
“CoHo is a new brand and this is our offering when it comes to mid-rise and with this one we wanted to offer something like Camella Northpoint. It’s been a long time since nasundan si Camella Northpoint this is the reason why CoHo was conceived,” Refamonte said.
Camella Northpoint is the landmark condominium development of masterplan developer Camella Communities, which is a Vista Land company.