Duros Land Properties, Inc. announces its first retirement resort project within the Woodlands Resort Communities. Woodlands Resort is a masterplanned community in Lilo-an, Cebu.
The Cebu real estate developer has partnered with Japanese-based firm Lifecare Co. Ltd. to market and sell the condominium units to active-living Japanese retirees. Retirement services are also planned to be integrated in the development. The services must adhere to the high standards of the Japanese.
Japan’s rapid growth of aging population has been deemed an opportunity for the development of the retirement resort.
The One Tectona Condominiums, the name of the retirement resort project of Duros Land will include the necessary amenities and facilities in line with the requirements and standards of the Japanese retirees. Having a community for Japanese people who desire to retire in the Philippines especially in Cebu is the aim of the project. Integrating the facilities in tune with the tastes of the Japanese is the added factor for the creation of the project.
With the development of One Tectona, Duros Land embarks on another innovation to offer nature friendly and convenient condominium amenities in a suburban setting. The condominium project consists of a 14-storey building and 21 residential villas within the Woodlands Resort Communities. The development is situated in the mountain resort development in Yati, Lilo-an.
One Tectona’s 14-storey building consists of 165 residential units including 32-sq.m, studio units, 45-sq.m 1-bedroom units, and 90 sq.m and above for 2-bedroom units. It will also have penthouse units and 3-bedroom units.
The inclusion of golf courses proximate to the resort project will provide future residents of One Tectona to enjoy golf-playing rights. Liloa-an Golf and Leisure Estate is an 18-hole golf course to be developed near the retirement resort.
One Tectona Condominium is estimated to be completed and ready for turnover by December 2017.
Mr. Rafaelito a. Barino, The Chairman of the Board of Duros Land, has envisioned the development of the entire facility of the retirement resort project to be completed in 5 to 10 years. The whole development is projected to have an investment of not less than 4 Billion pesos.
Duros Land is a Cebu real estate developer and member of Duros Group with headquarters in Yati, Liloan, Cebu.