AMAIA Land Inc. is developing a residential development on a 15-hectare property in Barangay San Jose in San Miguel, Iloilo.
Amaia Scapes Iloilo, located in the heart of the Iloilo-Guimaras metropolitan area, offers 314 “innovatively-designed” homes.
The project provides different housing options, such as the Bungalow Pod, Carriage Pod, Single Home, Twin Home and Twin Pod. The units have “cleverly laid-out” living and dining areas, a kitchen, one or more bedrooms, and one or more bathrooms. There are also multi-level units available, and most units can be expanded.
Amenities include a basketball court, mini-soccer field and swimming pool.
Amaia Scapes Iloilo is located near Shops at Atria, Robinsons Place Iloilo, SM City Iloilo, Iloilo Technohub, Western Visayas Medical Center, and Qualimed Iloilo. It is also a short drive away from the University of San Agustin, University of the Philippines Visayas, and Central Philippine University.
“Amaia Land makes affordable, functional, and stylish homes more available to Filipinos by offering low monthly amortization rates and flexible payment options such as cash, deferred cash, and bank financing,” the company said in a statement.
During the first quarter of 2019, parent company Ayala Land Inc. (ALI) reported P7.322 billion in net income attributable to equity holders, a 12% increase year-on-year.
Real estate revenues rose 6% to P37.44 billion, on the “sustained performance of its property development business and the surge in commercial leasing revenues.”
ALI reported that Amaia Land revenues surged 47% to P2 billion in the first quarter on increased bookings from Amaia Steps Nuvali Parkway in Laguna and Amaia Skies Cubao Tower 2 in Quezon City.
Earlier this year, Amaia Land said it is set to launch five residential projects and expand eight other existing projects. This includes two townhouse projects in ALI’s mixed-use developments Vermosa Estate in Cavite and Nuvali in Sta. Rosa, Laguna, as well as a building in Capitol Central in Bacolod City, Negros Occidental. It is also developing a house-and-lot community in Binangonan, Rizal.
Existing projects that will be expanded are those in Sucat and Bicutan in Parañaque; General Trias and Trece Martires in Cavite; Novaliches in Quezon City; Cabuyao in Laguna; Bulacan; and Shaw Boulevard in Mandaluyong City.