Nuvali, Ayala Land’s largest eco-city, has revealed detailed of ts property in Laguna that it is transitioning to becoming Calabarzon’s regional growth center, with the district expected to see further expansions in the next five years.
The master-planned mixed-use development Nuvali (pictured) – located in the cities of Sta. Rosa, Calamba, and the municipality of Cabuyao, Laguna—accounted for 20 percent of Ayala Land, Inc.’s (ALI) revenues for the past five years and 15 percent of ALI’s Net Asset Value.
The 2,290-hectare estate, ALI’s largest development to date, has developed 78 percent of its land area and continues to grow as a community with more than 12,000 residential units, more than 40,000 sqm of retail and office spaces and 150 hotel rooms. Also within Nuvali are two business process outsourcing (BPO) buildings, an events centre, two schools and several recreational attractions.
“Among the major central business districts in the country, we are the highest rate in land value appreciation from the time of launch, and we are happy that our investors and buyers have shared in the success of Nuvali,” said General Manager John Estacio.
With the opening of the Cavite-Laguna Expressway (CALAX), the company also expects to attract more investors and additional market from Manila, Cavite, and nearby provinces which, in turn, will increase business activity.
For its residential products, Nuvali takes pride in providing a wide range of options starting from P 1.8 million to P 20 million-worth of properties. Ayala Land’s residential brands – Ayala Land Premier, Alveo, Avida, and Amaia – are present in Nuvali, with the latter providing the community its first mid-density development.
Before the end of this year, Nuvali is set to intensify its position as the leading eco-city in the country by opening several new projects that will complement its expansion plans.
Adding to its current group of commercial developments will be the launch of the estate’s S&R shopping centre, which will open in the fourth quarter of 2015, and the opening of QualiMed Hospital in the second quarter of 2016.
