Real estate company GeoEstate Development Corp. has started turnover of completed house-and-lot units in its maiden subdivision development Soluna in Bacoor, Cavite.
Located along the major thoroughfare of Bacoor Boulevard, the upscale community is comprised of a limited inventory of close to 200 units only within a prime 5.5-hectare property. It is positioned as a premier address in the area.
“We have found that majority of the market is organic, such as families within the surrounding communities and cities seeking to upgrade their lifestyle,” said GeoEstate chairman and CEO Francisco H. Licuanan III.
Soluna offers pre-designed and pre-built single-detached homes that range from 64 sqm to 120 sqm in living space. A number of house and lot units were completed since the project was launched in 2014, while others are ongoing with their construction. Depending on the payment scheme availed by homebuyers, the properties are usually delivered at least six months after purchase.
Attesting to the timely and successful delivery of the houses are the families who have already moved in and are now living within the comforts of their new home and subdivision. The turnover of these house and lots is to be followed by another major milestone which is the opening of the central clubhouse amenity by April.
“Our achievement with Soluna is delivering on our promise to our buyers to provide the best value for their money through high-quality and well-designed homes, and this time, in the context of a horizontal development,” said Licuanan.
GeoEstate, formed by Licuanan in 2006, has focused on city condominium developments with its first project The Beacon in Makati City, followed by Sonria in Alabang, Muntinlupa City.
The Beacon is a three-tower high-rise development targeting the mid-income market. The condominium’s third and final residential tower is scheduled for turnover by April.
Sonria, on the other hand, is a recently-completed low-density vertical enclave that is positioned as an alternative for empty nesters, expatriates, and young families as well coming from the high-end Alabang community. The latter project is currently ready for move-in.
Licuanan underscored the innovations afforded by Soluna, such as an intimate and private subdivision setting in contrast to the mature market of residential developments in the Bacoor area.
“We are pleased with the way our buyers have received their homes well in Soluna for it validates that we are on the right track,” concluded Licuanan.