Vista Land and Lifescapes announced it aims to launch 44 masterplanned townships under a new brand as it works to better serve the public. These will be located in cities where the firm has fully-developed residential subdivisions.
“The land value in these areas are already so high that it no longer makes sense to develop horizontal housing so we will be building high rise condominiums, office towers, hotels and commercial projects,” Vista Land Founder and Chairman Manuel B. Villar Jr. was quoted as saying by the Manila Bulletin.
The townships will be launched under a new brand, Vista Estates, and are located on prime land plots that the developer had previously set aside. Plans call for the company to invest up to PHP2 trillion on the new projects, although no timeline has been announced.
“Vista Land is investing into these masterplanned developments, making good on its promise to valued homebuyers and investors to create superior product offerings and, more importantly, deliver excellent long-term investment growth,” Villar Jr. noted. “In everything we do, from our malls to our retail concepts, is an elevated experience, world class and of global standards which is what every Filipino deserves.”
Vista Residences stays active in 2021
Vista Residences, the condominium-focused brand of Vista Land and Lifescapes, launched seven new developments towards the end of 2021 as it looked to capture increasing demand. These projects are located in Metro Manila, Baguio and Bacolod and focus on providing home buyers with high-quality housing throughout the Philippines.
Among the new launches is Vista Shaw Tower 2, a modern condo project in Mandaluyong. The location is close to the Ortigas, Makati, and Taguig business districts while offering easy access to major transportation hubs. The first Vista Shaw development has proven to be popular with buyers who appreciate the standard of living available. Vista Shaw Tower 2 appears set to take that one-step further.
In 2020, Vista Residences team up with respected Japanese real estate developer Mitsubishi Estate (MEC) to launch the first-ever Japanese-inspired condo project in Metro Manila. The joint venture development will have more than 1,000 units and feature designs commonly found in Japan.
