Property Location
F.E. Zuellig Avenue, Mandaue City, Cebu, Philippines
Partners Hongkong Land & Taft Properties, who formed the joint venture company, HTLand Inc.
Hongkong Land is a listed leading property investment, management, and development group. The Group owns and manages more than 850,000 sq. m. of prime office and luxury retail property in key Asian cities, principally in Hong Kong, Singapore, and Beijing. The Group also has a number of high-quality residential, commercial, and mixed use projects under development in cities across Greater China and Southeast Asia. In Singapore, its subsidiary, MCL Land, is a well-established residential developer. Hongkong Land Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.
Taft Properties is a solid and dynamic developer backed by Vicsal Development Corporation, the company behind the Metro Gaisano chain of stores. Founded by Victor and Sally Gaisano in 1981, Vicsal Development Corporation is primarily engaged in the retail industry with ventures in banking and finance, travel and tours, stock brokerage, investment advisory, and real estate.
Master Planner – Crone Architects
Concept Planner – lwk&partners
Landscape Architect – CallisonRTKL
Project Architect – Aidea
Interior Designer – PTang Studio Ltd., Asuncion-Berenguer, Inc.
Environmental Sustainability – A. Bicol Consultancy
F.E. Zuellig Avenue, Mandaue City, Cebu, Philippines (along Mactan Channel)
20 hectares
8 blocks/phases
Interconnectedness of basements through Footbridges
1.1 hectares
2 residential towers
Tower 1 – 28 storeys (inclusive of 1 basement)
Tower 2 – 34 storeys (inclusive of 1 basement)
4 lifts/tower = 3 passenger + 1 passenger/service
Tower 1
Tower 2
Yes, upon handover, and subject to approval of plans.
Yes, but the brands to be used would be more upscale.
44 – 40 Residential Floors, 4 Parking Floors shared with 2 Retail Floors
16
6 (5 Passenger, 1 Passengers/Service)
All inclusive of VAT:
Ground/Upper Floor:
Residential Floors:
CCTV:
Parking:
Features
Fittings & Finishes
No. Each of the residential units will be occupied purely for residential purposes. No business and commercial activities will be allowed in any residential unit.
The owner/resident shall not fix, paint or put any name, logo, notice, sign, or other advertising medium or paraphernalia on the main door of the unit and walls facing the common area or in the exterior façade of the building.
No unit shall be subdivided into smaller units nor the unit be partitioned among its co-owners.
Pets must be limited to aquarium fishes, birds, small dogs, cats, and other small tamed animals. Except for aquarium fishes, a maximum of one (1) pet is allowed per unit.
Dogs and other similar pets are limited to a maximum height of two (2) feet when full growth is achieved. Large, dirty, dangerous and foul smelling animals are not allowed in the unit.
Fighting cock and other type of chicken are not allowed in the premises.
Species/Animals that are declared endangered by local and international laws and organizations cannot be considered as pets.
The Condominium Corporation has the discretion to prohibit the retention of any pet within any unit which is found to be dangerous or a nuisance to other residents, or is kept in inhumane conditions.
The buyer can renovate the interior of a unit after acceptance of the unit from HTLand. Buyers are not allowed to alter any exterior walls of their unit. The buyer shall not introduce any improvements, alterations or additions to their unit without prior written consent from the Condominium Corporation. Alterations or improvements done without prior written consent shall be subject to dismantling and demolition.
Residential units will be allowed for a minimum of one (1) month lease. For the safety and security of the residents, short-term lease is not allowed.
Water will be supplied by the Metro Cebu Water District (MCWD). In fact, MCWD will build a new water facility with in the reclamation area to supply the water requirements of Mandani Bay as well as the future developments within the reclamation area.
The electrical power of Mandani Bay will be sourced thru the Visayan Electric Company (VECO). VECO has committed to supply the electrical power requirement for the entire Mandani Bay development.
Philippine Long Distance Telephone Company (PLDT) will be the exclusive service provider for telephone, cable and internet lines.
PLDT will be providing fiber-optic lines for the above-mentioned services thru their project, PLDT Fibr.
Fibr is the future .of broadband currently being used by international telephone operators like Verizon (US), BT Infinity (UK), etc. This is the most advanced broadband service in the country that connects to the home via fiber-optic lines.
Traditional broadband services are usually through legacy copper lines, or cable. PLDT Fibr’s use of fiber-optic cables guarantees the fastest and most stable internet connection for you.
Each podium of Mandani Bay is equipped with a generator set. The generator set is designed to power 100% all electrical requirements of the residential units and the common areas (including elevators). The retail and parking areas also have 100% power back-up.
The towers are equipped with cistern and tanks which serves as water storage for residential and commercial use.
The land tenure is perpetual ownership, subject to the rules and implementing guidelines of Republic Act No. 4726, otherwise known as the “Condominium Act.”
Foreigners can own one (1) or more condo units and will be issued a CCT under their name as proof of ownership. Foreigners can own a maximum of 40% of the total saleable area (in terms of square meters) of a particular tower.
After clearance of payment of reservation fees and completion of above mentioned documents the unit will be officially reserved under the buyer’s name.
The owner of a parking unit should also be an owner of a condominium unit. When a residential unit is forfeited, its corresponding parking unit is automatically forfeited.
Only passenger-type vehicles or vehicles for personal use will be allowed to park.
A Certificate Condominium Title (CCT) under the name of the buyer issued by the Register of Deeds of Mandaue City
© HTLand, Inc. 2017