ELANVITAL Enclaves Inc. (EVE), the property-development arm of the Ng family, is set to launch the Tradizo Enclave, a P1.3-billion, 500-unit project in Imus, Cavite, as part of solidifying its position as a major provider of housing for the middle segment of the market.
Spanning a total of 8.5 hectares, the project will offer mostly house and lot and a minimal lot-only product. The project will open at a very friendly price range of P2.3 million to P3.3 million.
In a recent media briefing, Apple Hurtado, Elanvital COO, said EVE will continue opening up suburban enclaves for families who are planning to establish permanent residence in the southern part of the metropolis.
Nostalji Enclave has been receiving positive response from the market. “At present, there are already 75 residents in Nostalji,” Hurtado said.
She noted that Nostalji was developed to ensure its residents will have a well-rounded lifestyle. With the different zones in the Nostalji Central Park, Hurtado said EVE has allocated an Active Zone with futsal field and basketball court, as well as a children’s playground. Moreover, Hurtado said the park has a Social Zone, which hosts the clubhouse and experiential pools. Completing this leisure space is a Relax Zone with a kite-flying lawn, a multipurpose tent, secret gardens and picnic grounds.
On his part, EVE COO Jacinto Ng Jr. said the company introduced a 5-percent down payment scheme to ensure a big number of Filipinos, particularly belonging to the middle market, can afford to buy homes.
The scheme is payable in five months. The balance can be paid through in-house financing and/ or bank financing at a lowest interest of 8 percent fixed for one year.
“We also give good counsel to our prospective buyers before they acquire a property. This is to ensure that they can sustain their investment in the property,” Ng said.
EVE is part of a conglomerate with various business ventures, which include Asia United Bank, Republic Biscuit Corp., Oakwood Premier Joy~Nostalg and Crystal Jade.
By: Rizal Raoul Reyes