Phone: 0917 792 1078 | (088) 880-5002 | sales@italpinas.com

Italpinas readies Q2 launch of Primavera project in CDO

MANILA, Philippines – Italpinas Development Corp. is ready to launch its Primavera City project in Cagayan de Oro City in the second quarter.

IDC chairman and COO Romolo Valentino Nati, an Italian architect, said the first phase of the project involves the construction of two towers of integrated multifunctional buildings (commercial, office, residential) project with 11 floors each.

The project with an investment cost of P653 million is located at the Pueblo de Oro Business Park, Upper Carmen, Cagayan de Oro (near SM City Cagayan de Oro).

“Primavera City is a fitting follow-up to our highly successful and multi-awarded Primavera Residences, which caught the fancy of not just Filipinos but even foreign buyers and property experts for its modern Italian design infused with eco-friendly architecture,” Nati said.

The company will start construction of the project in the third quarter with completion targeted in the third quarter of 2018.

IDC president Jose “Jojo” D. Leviste III said the two towers would have 337 units, 57 of which are commercial units while 231 are studio-type, 22 are one-bedroom units, and 27 are two-bedroom units.

“We will conduct extensive marketing for our target buyers that include employed and/or self-employed individuals with gross family income of at least P50,000 such as local entrepreneurs, SME’s, OFW’s, young professionals and retirees, among others.  With Cagayan de Oro City now an emerging tourism and investment destination in the country, Primavera City is a great buy, not just for first-time home owners, but also for investors,” said Leviste, a lawyer.

Nati said Primavera City is targeted to be another IDC award-winning sustainable-development project, with its passive green features, such as increased natural ventilation, shaded façade and semi-transparent photo-voltaic panels covering the amenities located on the rooftop, among others.

 

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Primavera City is the new high-rise, eco-friendly building which will rise in uptown Cagayan de Oro. Primavera City will soon offer the distinctive ltalian design and world-class construction standards that are a trademark of IDC developments.

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PRIMAVERA CITY ACCESS
Macapagal Avenue, Pueblo de Oro Business Park, Upper Carmen Cagayan de Oro City 9000
HEAD OFFICE
28 floor/ unit 28c BPI Philam-Life building, Ayala Avenue, Makati City – Manila – Philippines
PRIMAVERA SALES OFFICE
2F Primavera Residences, Pueblo de Oro Business Park, Upper Carmen, Cagayan de Oro City 9000
PHONE
0917 792 1078 | (088) 880-5002
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sales@italpinas.com

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This material and this presentation have been provided by IDC Development Corporation and is a general background on IDC current activities at the date of this presentation. The information is given in summary and does not purport to be complete. This presentation may contain forward-looking statements, including statements regarding our intent, belief or current expectation with respect to IDC businesses and operations, market conditions, and anticipated results of operation. IDC does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after date hereof to reflect the occurrence of unanticipated events. While due care has been used in preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts any hypothetically examples are subject to uncertainty and contingencies outside IDC’s control.