Century Properties Group, through its leisure, tourism and hospitality business unit, is expecting some P13 billion in presales proceeds as it pushes through with the second phase of its Batulao Artscapes development in Nasugbu, Batangas that it envisions as “The World’s First Livable Art Park.”
“We are excited to offer approximately 1,700 residential units, as part of the next phase of presale for Batulao Artscapes. This inventory represents the biggest bulk of the project and we expect the sales to be brisk due to the demand for the project,” said Tim Hallett, president of Century Properties Leisure and Hospitality Inc. (CPLHI).
Launched in December 2017, Batulao Artscapes is located within an expansive 142-hectare artventure community that boasts designer homes and world-class amenities. It has four villages: Cluster, Commune, Collection and Curated. The project is primarily positioned for active retirees and established families looking for design-driven homes outside Metro Manila.
Of the first 306 homes from the various collections that it offered to the market, Century has presold 74 percent with a sales value of P 1.2 billion within six months of launch.
“We are encouraged by the positive market response,” she added.
Filipino names lead the roster for Batulao Artscapes’ first three villages: Architect Ed Calma’s Polygonal Successions for the Cluster Village, designer Kenneth Cobonpue’s Hedera Homes for the Commune Village, and Budji+Royal Architecture+Design of Budji Layug and Royal Pineda for the Collection Village featuring their Tranche and Facet Homes.
The fourth section, called the Curated Village, feature one-of-a-kind homes by international architects and designers.
Century is also incorporating lifestyle investment properties into the Batulao project by means of a 500-room art-inspired condominium inside the 2.5-hectare Batulao Artscapes Art Park. The condo will feature the designs of select artists in the building’s façade and exterior walls.
The company is also building some 30 art-inspired resort villas to complement the art condominium.
Century is the developer of Batulao Artscapes, which is expected to be completed in 2021. It has partnered with Revolution Precrafted for the supply of the homes and retail structures in the project.