Pueblo de Oro Development Corporation (PDO), the property development unit of the ICCP Group, is on track to complete its 27.4-hectare township in Lapu-Lapu City in Cebu with plans to launch another residential project in the area.
“Cebu remains one of the most important provinces in the country in terms of progress and development,” said Pueblo de Oro vice president and general manager for Visayas operations Ronald Allan Uy.
The property developer recently inaugurated the 3.7-hectare Park Place II in Babag, Lapu-Lapu City, the firms’ third exclusive subdivision in Cebu township Pueblo de Oro Townscapes Mactan.
Park Place II is an addition to the highly successful La Aldea Del Mar and Park Place residential developments.
Park Place II offers 194 single attached housing units, with three bedrooms. Regular lot size is 88 square meters with a total floor area of 106.5 square meters. Prices are estimated to start at P5.5 million per unit.
The P1.63-billion Townscapes Mactan expects the completion of the Pueblo de Oro Townsquare, a three-level commercial strip due to start operations by the fourth quarter of this year.
PDO said a nearby community mall will provide residents with the ease and convenience of shopping for their daily needs. A second building is planned in 2023.
Future developments within Townscapes Mactan include the soon-to-rise Pueblo de Oro Storeys Lapu-Lapu Condominiums. The four-building, six-story project will house 450 modern Asian-inspired units. The first building is set to be completed by 2025.
Uy said the business prospects in Cebu looks promising as the economy begins to recover from pandemic restrictions and from the effects of Typhoon Odette.
“The province itself is also full of natural beauty, and we are honored to have the opportunity to offer quality housing projects so that homeowners can share in the splendor that Cebu has to offer,” he added.
Pueblo de Oro township in Cebu, according to him, has grown to become one of the most desirable neighborhoods in the province. The development is 700 meters away from the Cebu-Cordova Link Expressway (CCLEX) T-intersection and is an easy 15-minute drive to and from Cebu City.
Pueblo de Oro in the last quarter of 2021 launched Townscapes Malvar–a 42-hectare residential, institutional, and commercial project, which completes the ICCP Group’s 212-hectare ‘live-work’ community development in Malvar, Batangas.
Townscapes Malvar is home to three gated subdivisions, five hectares of commercial area, and an educational hub.