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MANILA, Philippines — The property developer of the Villar family, Vista Land & Landscapes Inc., has launched its first high-rise condominium project in Mindanao.
Vista Land, through unit Vista Residences Inc., is building a condominium project called The Loop in Cagayan de Oro’s central business district as it aims to become a major player in the high-rise segment outside Metro Manila.
Located at Limketkai Center in CDO, The Loop is comprised of two 25-storey towers that will be connected to a mall.
The North Tower alone will house 522 studio, one-bedroom, two-bedroom and 3-bedroom units. Down payment will start at a minimum of P5,285 per month.
This is Vista Land’s 2nd “vertical” project in Mindanao. The first is a mid-rise condominium called Northpoint in Davao City. A 4th tower is being constructed at Northpoint. This and the two towers of The Loop will generate P4 billion in sales for the company once completed. – Shadz Loresco, Rappler.com
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