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Città Bella at Primavera City redefines standards in living with condominiums

July 16, 2019

Awarded by the prestigious International Property Awards as Mixed-use Development Asia Pacific 2017, Città Bella at Primavera City, the second phase of the Primavera City development, is a blend of world-class commercial spaces and prime condominium suite living. From healthy living, scenic views, and world class amenities, this new property in Uptown, Cagayan de Oro is redefining condo living standards in more ways than one.  Living in a Green Building is Healthy. Based on a research recently published by the Building and Construction Authority (BCA) and the National University of Singapore, people who work and live in a green building are less likely to suffer from “sick building syndrome”, a common illness experienced by people who stay in a conventional building for a long period of time. Green buildings, such as Città Bella have passive green features which creates a well-ventilated atmosphere allowing fresh air to enter and circulate within the building. World class amenities. Hotel – standard amenities, such as infinity pool, gym, saunas are located at the roof deck which provides a scenic backdrop of vibrant Cagayan de Oro’s cityscape. Amenities found in first-class condominium, such as 24 hours reception, multi-function room, gym center, sky garden, sauna, jogging path, sky playground and an outdoor infinity swimming pool are among the amenities of  Città Bella. Majestic view. Built on a  plateau overlooking the stunning Macajalar bay and Cagayan de Oro’s mountain scapes,  Città Bella at Primavera City’s 360 view provides a breathtaking scenic peek of Cagayan de Oro’s rich scenic landscape covering Camiguin Island, Macajalar Bay, Cagayan de Oro River, Malasag mountain view and the city’s impressive sunsets. Sustainable Building. Sustainable features such as passive cooling technology using shadow and sunlight control, wind cooling and shape performance are some green features trademark of IDC developments which anchors on performance-based design. In addition, Città Bella at Primavera City will contain a renewable energy feature which will be produced from semi-transparent photovoltaic panels found on the roof and portions of external walls.   Opportunities for Passive Income. Italpinas Development Corporation (IDC) has partnered with Damiani Property Management Services Inc, to provide professional property management services to serve unit owners who are intends to earn passive income.  Damiani Property Management Services Inc, is also the leasing partner of IDC, managing its commercial spaces.

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Grand Buyers Day with Città Bella at Primavera City

July 9, 2019

Uptown, Cagayan de Oro. Think of a location that is just a stone’s throw away from vital facilities and amenities, flood-free and pollution-free. A location should have a potential to be the next business hub of a city—this is where Città Bella at Primavera City is. Primavera City the new premier project of the multi-awarded listed green developer Italpinas Development Corporation (IDC) hosted a Grand Buyers Day held at Mallberry Suites, Cagayan de Oro last June 29, 2019 after the release of its License to Sell for the second phase of its development Città Bella last June 28, 2019 The gathering was well attended by IDC partners such as banks, sellers, and guests.  “After the success of Primavera City Phase 1, where we sold 95% of its inventory, the release of the License to Sell for Citta Bella, Primavera City Phase 2 is very timely.  We are confident that our new phase, Citta Bell, will receive the same support from the buying public and our valued partners, our Salesforce.  Today, we are official accepting reservations for Citta Bella.” said Gladys Ivy Echano, IDC Sales Director.  The event ended with great success.  “We were astounded of the outcome of this event.  Our reservations totaled to 200M+ just for today.  This is unprecedented so far.”  added Ms. Echano.  Città Bella at Primavera City serves as IDC’s legacy in delivering high quality, smart, safe, and sustainable buildings imbibing an Italian aesthetic design, all while considering a reduced environmental impact through lower energy consumption. With the first few floors of the projects allocated for commercial space leasing. IDC purposely designed its developments to be mixed-use which can cater to the residential tenants’ immediate needs. Location-wise, the developments are just a walking distance from major establishments in the area, such as the SM Department Store, Xavier University, Manresa Farm, St. Francis Xavier Chaplaincy, and Pueblo de Oro Golf Course, to name a few. Moreover, uptown developments hold great promises as the first phase of the Planned City Expansion Program (PCEP), under the three-year Comprehensive Development Plan (2017-2019), plans to decongest the city urban center by focusing future developments in the uptown. The development of Primavera City has been quite in high demand, more so with its current rate of property appreciation.  IDC property is averaging an appreciation rate of 10% annually. Currently, Primavera City’s first phase is down to the last 5% of the residential units.

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Widus Hotel and Casino Clark promotes sustainable tourism with AboitizPower’s Cleanergy

July 3, 2019

Owner and operator of a premier leisure destination at Clark Freeport Zone in Pampanga, Widus International Leisure Inc. (WILI), has taken a significant leap in promoting sustainable tourism. The company partnered with AboitizPower to supply the Widus Complex with Cleanergy, the AboitizPower brand for clean and renewable energy. “As a thriving metropolis, Clark is teeming with exciting activities and places of interest. Since it opened in 2008, Widus has become a leading destination for its topnotch facilities and world-class entertainment offerings. But apart from being known for our signature warmth and hospitality, we are proud to be a company that values sustainability,” said Neki A. Liwanag, WILI Assistant Vice President for Corporate Planning and Compliance. The partnership was established in 2018 when WILI made the switch to Cleanergy by signing up with AboitizPower for a 1.5-megawatt (MW) energy requirement, which has since increased to 2.5 MW. The energy supply is being sourced from one of AboitizPower’s renewable plants, the MakBan Geothermal Power Plant that spans across the provinces of Batangas and Laguna. Liwanag also added that their efforts for Widus to be more sustainable are in line with the vision for Clark Freeport Zone to become a modern and premier estate that boasts of industrial, commercial, and tourist facilities, among others. “With the rapid development of Clark, we as a locator, must continue to meet the changing demands of our market. We also want Widus to remain competitive and we believe going renewable and having a dependable partner can do just that,” Liwanag said. WILI signed a power supply agreement with AboitizPower under the Retail Competition and Open Access (RCOA) scheme, which allows businesses and institutions with a monthly average peak demand of 750 kilowatts (KW) to source their energy supply from a Retail Electricity Supplier. In the retail electricity market, customers are given the opportunity to choose the supplier and rate that will allow for savings and security from market volatility.  Emmanuel V. Rubio, AboitizPower Chief Operating Officer, said it is an honor for AboitizPower to be the renewable energy partner of WILI. “There are a lot of energy companies in the Philippines, so we are really honored to be the preferred partner of Widus in its journey toward sustainability. With AboitizPower’s proven track record in the industry, as well as adequate capacity of Cleanergy, we are confident that we will be able to support the current and future energy needs of Widus,” Rubio said. Together with its partners, AboitizPower currently has around 1,200 MW of Cleanergy capacity from its hydro, geothermal, and solar power plants all over the country. Felino M. Bernardo, Chief Operating Officer of AboitizPower Generation Group, also said that in addition to having enough capacity, the company strives to optimize its power plants for the ultimate benefit of the consumers. “With innovation as among our core values at AboitizPower, we are committed not only to developing more power plants, but also to improving our existing facilities to ensure that we deliver power supply to our customers reliably and responsibly,” Bernardo said.

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Whirlpool brings new products to VisMin

July 1, 2019

Whirlpool dealers and partners from the Visayas and Mindanao region gathered recently at the Marco Polo Davao Hotel ballroom to witness the unveiling of the latest addition to Whirlpool’s product portfolio.      Hosted by Ms. Donita Rose, the event allowed the audience to have a closer look at three brand new models as Whirlpool and Excellence Appliance Technologies, Inc. (Exatech) demonstrated all the unique features of these products.      The first product revealed was the capacious 30-liter MWP Vancouver microwave oven. The integrated handle and touch-screen design makes it easy to operate even for first-time users. The grill and steam function also makes it flexible for all kinds of cooking needs.      The next product was the innovative Bloomwash Inverter Plus washing machine. The Zen Direct Drive Inverter Technology allows a quiet yet high wash performance and ensures high energy savings. Its Hot Wash feature heats up the water up to 45°C to remove different types of stubborn stains. This was further supported by FAST Lab test results that revealed the low bacterial count after just one wash cycle.      The final product to be launched was the revolutionary Quattro French Door Refrigerator. Equipped with Whirlpool’s patented 6th Sense Technology, it maintains the optimal environment for your food. The Fresh Lock adjusts the temperature to preserve the freshness of fruits and vegetables while the Freeze Lock technology reduces freezer burns. Meanwhile, its FlexiFreeze compartment allows you to choose three different temperature levels depending on the food you are storing.      The partnership of Whirlpool and Exatech has provided quality US appliances to Filipino consumers for the past 27 years. This has made Exatech grow from a local appliance retailer to an international distributor since 1992.      Exatech President and CEO Nixon Sioco said, “Exatech strives to be true to its name by giving excellent appliances and customer service to Filipino consumers. We are excited for Whirlpool to strengthen its presence to more parts of the Philippines, and with these new models, we are really confident in maintaining long-lasting relationships with our loyal customers while also building new ones.“ The latest Whirlpool Vancouver Microwave Oven, BloomWash InverterPlus Washing Machine, and Quattro French Door Refrigerator are all available through leading appliance stores nationwide. You may check their website at www.whirlpool.com.ph for more information.

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DTI explores trade, investment opportunities with Turkish business delegation

June 26, 2019

MAKATI – Trade Secretary Ramon Lopez discussed trade and investment opportunities with the Turkey-Philippines Business Council on 18 June. Sec. Lopez updated the group on recent economic developments such as the Philippines’ (PH) improved BBB+ credit rating from Standard & Poor and pending bills to liberalize public utilities and retail trade.   The Secretary also presented opportunities and complementation between the PH and Turkey on energy, textiles, food, agriculture, tourism, pharmaceuticals, agriculture, construction, and consumer electronics. He added that engaging with Turkey is in line with the Duterte administration’s thrust to pursue non-traditional trading partners to reinvigorate ties and increase trade.   The delegation was led by Turkey-Philippines Business Council President İlkem Şahin and includes representatives from the Istanbul Chamber of Commerce, Foreign Economic Relations Board of Turkey (DEİK), and 11 companies on food, energy, construction, cosmetics, and tourism. Mr. Şahin shared that 2018 was a record-breaking year for PH-Turkey relations and they hope to further strengthen the ties between the two countries.   Turkish Ambassador to the Philippines Artemiz Sümer commended President Rodrigo Duterte’s Build Build Build infrastructure program and said that PH is the most dynamic economy in the Asian region.   DTI Undersecretary Ceferino Rodolfo visited Istanbul on 3 to 6 April 2019 for a series of roundtable meetings with the Ministry of Trade, DEİK, and the Turkish Auto Industry Association. During his visit, Usec. Rodolfo expressed PH’s interest to undertake a preferential trade agreement with Turkey, given the size and strength of the Turkish economy.   The two countries are celebrating 70 years of trade relations since the Treaty of Friendship in 1949. In 2018, Turkey was the Philippines' 42nd trading partner with a total trade of US$ 209.58 million, 44th export market at US$ 46.62 million, and 38th import supplier at US$ 162.96 million.

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Panabo Town Center Project proposal now on its Approval Stage (Under Negotiation) - PPP Center

June 25, 2019

Panabo City is close to having its first modern market complex at the Central Business District (Poblacion). The Public-Private Partnership (PPP) Center in Manila recently posted that the project for Panabo is included in their Pipeline of Projects as of 2019 and now on its Approval Stage. The proposed Panabo Town Center Project, which will be established specifically at the open area where the former Century Bank stands, is the first PPP Project for the City Government of Panabo through the initiative of incumbent City Mayor James G Gamao.   According to the PPP Center Website, Public-Private Partnership is a way that the Philippine Government provides incentives to stimulate private resources to finance the construction, operation, and maintenance of public infrastructure and development projects.   The PPP Project in Panabo City costs P417 Million with the PPP Center naming the Philippine Primark Properties, Inc. as the proponent. The city's equity is the use of the land while the chosen investor will design, build, and operate.   In 2017, Mayor James Gamao approved City Ordinance No. 25-17 or the Public-Private Partnership (Local Guidelines and Procedures) to answer concerning modalities or schemes of partnership for projects between the LGU and the private sectors in accordance to Republic Act 7718 or the Build-Operate-Transfer Law.   With the plans to improve the old market site, it was high time for the City Government to build a modern economic enterprise with facilities relevant to the needs and comfort of the panaboans. Thus, the proposal was submitted to the PPP Center in Manila for review.   On an information material released by the PPP Center, it shows that the project involves financing, construction, operation, and maintenance of the new Panabo Town Center. The project aims to develop a modern, aesthetic, well-built, clean, convenient, energy efficient, climate change resilient, and culturally adaptive commercial town center with integrated commercial retail space components.   The PPP Center provides technical assistance to national government agencies (NGAs), government-owned-and controlled corporations (GOCCs), government financial institutions (GFIs), state universities and colleges (SUCs), and local government units (LGUs) as well as to the private sector to help develop and implement critical infrastructure and other development projects

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