Calmar Land targets affordable housing market

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CALMAR Land Promesa Pila

CALMAR Land Development Corp. expects to completely sell out its affordable housing project in Pila, Laguna by 2019.

In a statement, Calmar Land said its Promesa Pila project offers two house models — a 44-square meter (sq.m.) townhouse and a 84-square meter (sq.m.) duplex. Prices of a Promesa home ranges from P900,000 to P1.5 million, and can be availed through Pag-IBIG or bank financing.

Promesa Pila will have a clubhouse, an open-air recreational area, playground, and a jogging path. It will also have a guardhouse and a perimeter fence to ensure the safety of residents.

“The Promesa brand is our way of helping independent individuals, starting or small families fulfill their dreams of owning their own home. Its affordability makes it a worthwhile legacy to impart to their families in generations to come. As what Promesa stands for, it is a promise to make every breadwinner’s dream to provide a home for their family become a reality,” Calmar Land Chief Operating Officer Raymond Alonso said.

Calmar Land is planning another project under the Promesa brand in Quezon province.