Cathay Land Inc will be investing Php 6.75 billion this year to develop 10 real estate projects in Sta. Rosa, Laguna, south of Metro Manila. In 2008, there are four projects scheduled for launching – the 15 hectare Thai-inspired Phuket Estates, 30-hectare Italian-villa style Castel Romana, 15-hectare Singapore-inspired Sentosa Heights, and Hong Kong-style Victoria Peak. Lots ranging from 500 to 1,400 square meters will be sold at Php 19,000 per square meter. Besides these, two condominium buildings will be launched, with office space for outsourcing companies located at the lower levels.
Besides these projects, the developers will also work on a housing development in Silang, Cavite. Launching this year is the 100-hectare Spanish-inspired Mallorca Villas. Their target market for this project are middle-income families with lot packages that cost at least Php 2 million.
We just got back from our vacation to Phuket and really wish that we didn’t have to leave as we absolutely enjoyed it and will definitely come again! We stayed at Bann Thai Resort and Spa which we can for certain recommend. We rented a scooter at $70 for 11 days, it was by far the most cost effective and a convienent way to go and it was alot of fun as well! The National Park is definitely worth while taking a trip. Also restaurants in Phuket Town to visit are Thai Food Heaven-romantic, delish and trendy. Book a table with your feet in the pool!