The project would be consist of seven medium rise buildings to be developed over a three to four year time-frame.

Each building he said will be 5 stories, each floor will have two bedroom units, one bedroom units, and studio units. There will be a total of 120 residential condominium units per building for a total of 850 residential condominium units for the entire buildings/cluster.

One Oasis Davao is an Asian-Tropical inspired community. It is near offices, schools, churches, health clinics, commercial establishments and accessible to public transport along Quimpo Boulevard.

The first phase of development will consist of four walk-up residential condominium buildings, each building having 5 levels with basement and rooftop. All units will have an assigned laundry area located at the roof-deck level of the building.

There will be two stairways located at both ends of the building and one unit elevator at one end of the building for the use of the entire building residents. Parking slots at the ground level and storage areas are located at the basement are available for sale.

With very affordable monthly amortization that ranges from P12,000 to P15,000 depending on the type of the unit. Filinvest will only utilize 35 percent of the area for building sites and the rest will be open spaces for parks, playground and swimming pool for the children to uncover.

Amenities:

* Guarded gates
* Clubhouse
* Gardens
* Swimming Pool
* Basketball court
* Parks & Playground
* Mini-Golf
* Gazebo
* 1 Elevator per building, Two stairways
* All units with free laundry area @ Roof Deck Level

To have a larger copy of the rendering or to inquire for more info, you may send us an email at shealthiel@gmail.com or contact us at 0927-772-1039.

 
One Oasis Condo Building

 Typical Unit floorplans

Davao City (6 December) — The investments of Filinvest Land Incorporated (FLI) in Davao City is estimated to reach P6 billion next year when it starts to work on the P1.5 billion “One Oasis Davao City” early 2008.

Tristan Las Marias, FLI vice president for Visayas and Mindanao regional operations in a press briefing on Wednesday at the Marco Polo Hotel said One Oasis Davao City is another pioneering residential development project of the biggest full range property developer in the country.

Filinvest owned by the Gotianun (Andrew and Mercedes) who started with P300,000 for a business capital and now with a net worth of $860 million, was named by Forbes Magazine as the 7th richest people of the Philippines of 40 rich individuals.

He said the other residential projects in Davao are Le Jardin, Fuente de Villa Abrille, Villa Mercedita, Orange Grove and Kembali Coast.

Meanwhile he said One Oasis is a cluster of medium rise residential building (MRB) development commonly called as “Walk up Condominium Units located on a 2.3 hectares property within the heart of the city at Ecoland West Drive beside SM City Davao.

He said the project was created not only because many people placed inquiries if FLI will put up a medium rise residential units but also because the city is already ready for the concept.

The project he said is made up of seven medium rise buildings to be developed over a three to four year time-frame.

Each building he said will be 5 stories, each floor will have two bedroom units, one bedroom units, and studio units. There will be a total of 120 residential condominium units per building for a total of 850 residential condominium units for the entire buildings/cluster.

Las Marias said One Oasis Davao City is part of the One Oasis Brand of Filinvest Land which also includes similar One Oasis projects in Ortigas, and Cainta in Metro Manila.

The project in Davao City is an Asian-Tropical inspired community. It is near offices, schools, churches, health clinics, commercial establishments and accessible to public transport along Quimpo Boulevard.

He said it is fully secured community with guarded access gates with first class amenities such as clubhouse, gardens, parks/children playground and swimming pool.

The first phase of development will consist of four walk-up residential condominium buildings, each building having 5 levels with basement and rooftop. All units will have an assigned laundry area located at the roof-deck level of the building.

There will be two stairways located at both ends of the building and one unit elevator at one end of the building for the use of the entire building residents. Parking slots at the ground level and storage areas are located at the basement are available for sale.

With very affordable monthly amortization that ranges from P12,000 to P15,000 depending on the type of the unit Las Marias said they will only utilize 35 percent of the area for building sites and the rest will be open spaces for parks, playground and swimming pool for the children to uncover.

He said they target to do the ground breaking in March 2008 and project construction to run for 8 to 12 months.

Davao City (6 December) — The shift of homebuyers to medium rise residential buildings (MRBs) is an indication that Davao City is ready for the new concept.

Tristan Las Marias, vice president for regional operations of Filinvest Land Incorporated of Visayas and Mindanao said the coming in of MRBs is also to respond to the non-availability of lands very near the urban centers.

The city also has outgrown the trend of horizontal residential development and has move towards the more sophistical and (more practical) vertical residential developments.

“The strength of which is to maximize small parcel of land within highly strategic areas to provide accessible and practical residential dwellings to local and out of town market,” he said.

He said their market for the MRBs are the out town residents where they have children studying in universities and those working in Davao City but with homes in the provinces.

“The cost of an apartment and the transportation would turn more expensive than when they reside just within the urban center,” he said.

Other than that he said acquiring a “Walk-up Condominium Unit” is not an expense just like renting an apartment but an investment.

FLI he said is excited about Davao City as its local economy and the local estate industry have started to signs of growth and maturity.

He said more residential projects have started to sprout within the city, making scare (and more valuable) available developable land within the city itself.

Meanwhile Las Marias said 40 percent of the market is cornered by the Overseas Filipino Workers (OFWs) while 20 to 30 percent are buyers outside of Davao City and most of their MRB market are the locals who look for new concept of living.

“The locals are those who used to live in big residential houses because they own large tract of lands but wanted to try something different that will give them free access to institutions very near their residences,” he said.

He said Filinvest will acquire and develop more projects in Davao City, Las Marias also said that Filinvest will continue their project expansion even as he said that they are willing to invest in the City more than the current figures depending on the kind of project. (PIA)