Mindanao Daily NEWS LIFESTYLE . PEOPLE . PLACES . EVENTS Bringing Good News of Mindanao
Volume III, No. 130
Editor: Christine Cabiasa
WEDNESDAY
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See2014 story on PageC1 12 October 29,
rides high on good economy V
ista Residences, the vertical arm of the country's largest homebuilder, Vista Land, is upbeat about its landmark condominium development, The Loop, in Cagayan de Oro City, as the condo market grows alongside Philippine economy. âThe countryâs earning of investment grade status from three of the worldâs largest credit rating agencies Fitch, Standard & Poors, and Moodyâs Investors Services bids well for our economy,â said Emelia N. Lustado, Vista Land Northern Mindanao Cluster Head. Citing news reports, Lustado said Mindanaoâs economy grew by 6.3% in 2013, accounting for 14.32% of the total Philippine economy. Its BOI-registered investment projects also posted an increase of 279% last year in key sectors including real estate. âThese are expected to generate benefits that will ripple across the nation, including Mindanao, and translate to more relevant investments and jobs for the people,â Lustado said. Mindanao continues to be the countryâs food basket and source of major industrial crops. Northern Mindanao is a consist top agriculture producer, bringing more growth to CDO being the regional center. âAs the region progresses, there is a parallel improvement in lifestyle and a growing demand for better homes,â Lustado said, adding that with more resources, homebuyers are able to
acquire better homes in residential developments such as The Loop. The Loop is a 25-storey condominium development within CDOâs central business and commercial district, the center of economic growth in the city. It will rise along Rosario Crescent at the Limketkai Center, the heart of all the action in business, leisure, and culture in CDO. The Loop will have two buildings called the North and the South towers, with each one having 522 units, from studio to one-bedroom, two-bedroom, and three-bedroom units. Amenities are housed in The Canopy located at the ground level, including a spacious lobby, adult swimming pool, kiddie pool, fitness gym, and multi-purpose hall. There will be round-theclock concierge services and an advanced security system. The Parking Podium will be at the second and third levels, and garden residential units at the fourth level. Residential condo units will continue from the fifth to the 24th level, with exclusive penthouse units at the 25th floor. The roof deck will be turned into a Sky Garden, offering a majestic view of CDOâs cityscape and the regionâs mountain range in the distance. The Loop will give its unit owners urban comforts and conveniences while living, working, and doing business within the central business district, making this condo community an icon of modern lifestyle in the city.
âThe Loop is the brightest spark in CDOâs real estate industry, offering homebuyers a living proposition unparalleled in the market,â said Lustado, adding that unit owners will enjoy the best of both worlds--a relaxing and exclusive life at The Loop with all the modern excitement within the CBD just a few steps away. For more information, visit The Loop Business Hub along Rosario Crescent at Limketkai Center, call 0917-8102445, email theloopatlimketkaicenter@gmail.com, or check out the website theloopcdo.com.
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