TORRE Lorenzo Development Corp. (TLDC) will offer upscale student residences in Loyola Heights, Quezon City, primarily catering to students of nearby educational institutions.
Torre Lorenzo Loyola is within walking distance to the Ateneo de Manila University and Miriam College, and a short drive to the University of the Philippines-Diliman campus.
“We are expanding our footprint in this vital space as part of our pursuit to sustain the high standards we have long set for our student accommodations. Our upscale university residence strives to upgrade the quality of life of university students in the Philippines,” TLDC President and Chief Executive Officer Tomas P. Lorenzo said in a statement.
TLDC currently has premium student residences along Taft Avenue and the University Belt in Manila. It offers college students with the appropriate and relevant amenities and features not found in other dormitories and condominiums.
The property firm is also aiming to attract foreign students, as the Philippines has become a popular study destination. Government data showed there were 33,000 foreign students in the country in 2017, mainly from South Korea, India, Japan and China.
“TLDC also wants to capitalize on this growing trend by making our properties the top choice for foreign students pursuing their education here in the country,” Mr. Lorenzo said.
