A Brown Company, Inc., the developer of Xavier Estates, Teakwood Hills, and Ventura Residences, among others in Cagayan de Oro City, has renamed its residential development in Pagahan, Initao, Misamis Oriental from Initao Seasides Estates into CORAL PEBBLES RESORT AND RESIDENCES.
In my initial post last year, it was called then Paseo Princesa Beach Park. Read previous update HERE.
The 10-hectares property will have a total number of 207 lots at an average lot cut of 250 sq.m. Phase 1 of the project will comprise 100 lots.
Cluster A has 50 saleable lots with an area of 2.2 hectares. As of the end of 2012, 63% has already been accomplished with activities pending but expected to resume on May 2013.
The project is 39 kilometers and 45-minute ride from Cagayan de Oro City. It is only a 20-minute ride from from Laguindingan International Airport. The development includes a P 30 million clubhouse.