THE P250-million Primavera Residences is set to operate into full swing by 2012.
The 10-storey twin-tower condominium complex, the first breakthrough project of ItalPinas Euro-Asian Design and Eco-Development Corporation in Cagayan de Oro, is the first green building in the city nestled within the Pueblo de Oro Business Park along Fr. Masterson Avenue in Upper Carmen.
Romulo Nati, president and chief executive officer of ItalPinas, said as a sustaining member of the Philippine Green Building Council, ItalPinas designed the building in accordance to eco-friendly principles.
He said Primavera is designed to generate part of its own energy requirements, minimizing power usage and maximizing natural light and ventilation.
“Primavera is much cheaper but is comparable to the elegance, efficient and eco-friendly condominiums in Makati,” Nati said during a press conference on Monday.
Because of its state-of-the-art amenities that were recently recognized as one of the most promising clean energy investment opportunities in the Philippines during the CTI-PFAN (Climate Technology Initiative-Private Financing Advisory Network) Philippines Clean Energy Investor Forum, Nati said more investors have been encouraged to put in their trust on Primavera.
Recently, he said two of his Italian friends, Christian Marri and Francisco Consalvi who are both lovers of nature, put in some shares in the project as they believed in the capabilities of Primavera.
PHOTO: Romulo Nati (extreme right), president and chief executive officer of ItalPinas Euro-Asian Design and Eco-Development Corporation, talks about the benefits of investing in the 10-storey twin-tower Primavera Residences, which is set to be operational by 2012. (photo by Joey P. Nacalaban)
“Aside from the investors coming in, 20 percent of the units were already sold to mostly overseas Filipino workers who are getting ready for their retirement,” Nati said.
For as low as P8,772 per month, clients can avail of a studio-type condominium with an inner green courtyard and terrace for natural ventilation and lighting plus a photovoltaic cell (solar panels) for additional energy production.
Primavera also offers safe and secure lock-and-leave environment with round-the-clock security aside from its ample location, it being nestled right beside SM City Cagayan de Oro and near schools, churches, ATMs and convenience stores.
Nati said they are confident that all of Primavera’s 138 residential and 18 commercial units will be sold out in 17 months before they go full swing.
As early as now, he said they are targeting to sell seven units each month.
article by Nicole Managbanag of SSC