Estimated economic expansion of 6.8 percent in 2012.
Estimated economic expansion of 7.2 percent in 2013.
Estimated economic expansion of 6.1 percent in 2014.
Estimated economic expansion of 6.7 percent in 2015.
For more information, click here.
“Primavera Residences near to completion” announced at International Leadership Conference in CdO
Last August 15, 2015, a crowd of 500 gathered for the International Leadership Conference organized by Capitol University for their Executive Management Class of the Graduate School SY 2015-2016.
With the honorary presence of Filipino, American, Turkish, German and Italian lecturers and personalities, among which the Governor Vicente “Bambi” Emano who, during his speech, underlined his commitment to contintue to help Misamis Oriental grow in terms of Tourism and in terms of overall support to businesses with needed infrastructure.
Mr. Lorens Ziller, IDC Director for Corporate Affairs, spoke on behalf of Italpinas Development Corporation (IDC), the developer of Primavera Residences in Uptown CdO and announced that the second building of Primavera Residences is near to completion underlining the strong commitment of the company to deliver results for its many investors.
Ziller, also Vice President of the Italian Chamber of Commerce in the Philippines held a speech about the “Challenges and Opportunities in International Trade and Business” in which he underlined the new opportunities for business and partnerships that the Philippines has with ASEAN with a brief on what we should learn from the European Union Integration process on how it happened and who benefited the most in the aftermath.
He also spoke about the new GSP+ “tariff-zero” admission of the Philippines with the EU for a large variety of goods manufactured and produced in the country and how this benefits and cascades into different industries from logistics and banking to real estate.
In the end he spoke about the importance of international networking and the participation in associations or entities like the ICCPI (the Italian Chamber of Commerce in the Philippines) which promotes partnerships and cooperation between Filipino and Italian companies for import/export opportunities and cross-country investment.
The Italian Chamber, after the very successful “Aperitivo Italiano” networking events, is seeking new tie-ups with local chambers and plans to hold a series of similar events also in Mindanao and Visayas. On behalf of IDC he said that the exciting designer building should possibly be handed over within the next 60 days.
This proves the value behind this young development corporation who, apart from keeping up to the promise of his investors is also apparently preparing for public listing within the next few months increasing the returns for its own investors even further.
Explaining the success of this Filipino-Italian company citing Napoleon Hill he finished with: “The only limits are those created by our mind” meaning that, where there is a will to succeed even in difficult circumstances there is a way if we don’t allow our imagination to see our success, which gained him a large applause by the present crowd.
The conference underlined the commitment from several private and institutional parties that a successful and growing Misamis Oriental with and International mindset will benefit all classes of society and bring new jobs and opportunities into an already thriving business environment. Where education, business and institutions are cooperating harmoniously there is definitely a strategic advantage for all concerned parties and ultimately for the people and our next generations. (Lorens Ziller, Corporate Affairs Director)
World Green Building Council visits Oro Sustainable Development
Last August 26, 2015, Mr. Autif Sayyed, a Green Building Specialist of World Green Building Council, visited Primavera Residences to meet with Engr. Aldwin Nilles and Ms. Melissa San Jose, general manager of Primavera Residences.
Mr. Sayyed visited the green building to complete the stages of Primavera Residences’ EDGE (Excellence in Design for Greater Efficiencies) certification. EDGE is a new building resource efficiency system created for emerging markets, providing clients with technical solutions for going green and captures capital costs and projected operational savings.
Autif Sayyed is the Regional Green Building Specialist for the East Asia Pacific Region at International Finance Corporation (IFC). He provides technical support to IFC’s green building programs in the emerging EAP countries, namely Indonesia, Philippines, Vietnam and China. His primary focus is on close cooperation with government counterparts and private sector stakeholders in order to initiate and implement green buildings regulatory changes. He also provides support to governments in the region on development of long term green building strategy, capacity building of building professionals and government officials and creating opportunities for funding green buildings.
Do you want to know more about Primavera Residences? Call us now at +63 917 794 2221 or (088) 880-5002.
Italpinas accepts Special Award in Real Estate Dev’t at the 4th Mindanao Business Leaders Awards
Last July 25, BusinessWeek Mindanao, together with its sister publications, awarded 10 business individuals and organizations and 15 special citations to establishments and personalities at the 4th Mindanao Business Leaders and Entrepreneurs Awards.
For the fourth time, BusinessWeek Mindanao consistently gave recognition to the most deserved magnates that have massively contributed to the economic development of Mindanao.
One of the 13 special citations is Primavera Residences for being the Best Leader in Real Estate Development for Green Condominium.
“It was an honor to receive the award on behalf of the people behind the success of this development. We share this award with fellow Kagay-anons as we provide them an eco-friendly place to live in,” Cesar Stefan Rago, Italpinas’ Public Relations and Marketing Officer, said.
The following were the awardees – Mega Entrepreneur Jose Alvarez, Darling Foods Corporation (Food Production and Marketing), Ecoverde Homes (Housing and Realty Development), MASS-SPECC Coop Development Center (Cooperatives), N Hotel (Hotel Industry), Thai Me Up (Outstanding Franchisee), Botoy’s Lechon Manok (Outstanding Franchisor), Apple Tree Resort & Hotel (Resort and Entertainment), Gama Foods Corporation (Agro-Industry Leader) and Vjandep (Micro Entrepreneur).
Special citations were given to the following: Tieza general manager Mark Lapid (Outstanding Tourism Leadership), DOT 10 director Catalino Chan III (Tourism Promotion), Apple Tree Resort & Hotel (Tourism Development), RR Family Spring Resort (Outstanding Tourism Destination), jointly the city government of Tangub and the municipal government of Maramag, Bukidnon (Outstanding LGU in Tourism Development), the city government of Ozamiz (Outstanding LGU in Economic Enterprise Development), Mimi Parrel-Pimentel (Outstanding in Fashion Industry), jointly the provincial governments of Bukidnon and Misamis Oriental (Outstanding LGU Healthcare Program), jointly Paglaum Multi-purpose Cooperative and NARCICO of Compostela Valley (Cooperative Development), Holcim (Social Responsibility Program), Johndorf Ventures Corporation (Housing Industry Development), Primavera Residences (Green Condominium), MCDC and Ecoverde Homes (Socialized Housing) and Tesda Misamis Oriental provincial director Leo Velez (Business and Industry Integrator).
“Entrepreneurs go through the process of having business plans, acquiring human and other required resources, and are fully responsible for their success or failure. One of the reasons we have the Mindanao Business Leaders and Entrepreneurs Awards, which is on its fourth year now, is because we are with you — businessmen and entrepreneurs — all through these years, and we celebrate in every step you make to success. Let me and BusinessWeek lead you exactly there.” Sudaria said.
IDC’s premier project in Cagayan de Oro – Primavera Residences, a green, mixed-use development – was built to serve the city’s increasing demand for affordable housing with sustainability in mind. It was awarded this year as the Best Mixed-Use Development in the Philippines by the Asia Pacific Property Awards.
To know more about Primavera Residences, you may visit www.primaveraresidences.com or call 088-880-5002.
Your home is not just a lifestyle, it’s an investment
Nowadays, condominiums are up and growing especially in the booming cities in the Philippines like Cagayan de Oro. The consistent rise in property developments in Cagayan de Oro shows that more and more Filipinos and foreign investors are embracing the condo life.
There are countless reasons why a lot of people believe in the comforts and benefits of the condo life. So to say, here are some of their convincing reasons:
- Condominium units are fairly reasonable. Instead of buying a house and lot which takes a long time to build and cost you expensively, investing in a condo unit comes out affordable and practical. In a condo unit, you don’t have to deal with engineers, architects, and designers as the developer takes care of all of them for you. This brings us why a huge segment of condo dwellers are young professionals and startup families since they can readily accommodate the cost within their budget. Not to mention the availability of financing options that will surely make the purchase of their unit a lot easier for them.
- The value of the condo unit appreciates fast. In the case of Primavera Residences, your condo unit appreciates 10-12% annually. In this case, Primavera Residences, an eco-friendly condominium in Cagayan de Oro, is an example of an investment that is new to the city. Being the first condominium that is ready for occupancy, you can surely generate income in no time at all allowing for faster ROI.
The building also has its own professional in-house asset management team that manages the units for short and long term rental through the innovative ‘Serviced Apartments’ concept, the first of its kind in Cagayan de Oro. This ensures you a hassle-free, one-stop solution in overseeing your income generating asset. Quarterly reports will be provided to update you of the performance of your investment, allowing you to be on top of things while keeping headaches normally associated with handling your own business at bay.
- Condominiums provide 24/7 security. The welfare and safety of Primavera Residences’ residents are of utmost priority of the developer. As such, different security facilities like CCTV cameras are installed in vital areas of the building to monitor movement and traffic. The Primavera Residences Condominium Corporation (PRCC), the property management of Primavera Residences, ensures excellent security and maintenance to enforce 100% safety of the guests’ entry and exit of the building.
- Stone’s throw away from offices and leisure hubs. Italpinas’ prime consideration is choosing the best and right location for its developments. Condo developments are usually in the middle of busy business districts, so you can save gas and transportation expenses. Primavera Residences is perfectly nestled in Pueblo de Oro Business Park where SM City Cagayan de Oro and other leisure hubs, government offices, hospitals, churches, schools, and other important places in the city are just a ride or walk away from the building.
- Offers the perfect view of the city. Located in Uptown Cagayan de Oro, Primavera Residences lets your enjoy the best of many worlds. You can choose from enjoying the city lights, magnificent views of the mountains, the morning breeze and the whole beauty of sunsets and sunrises. Uptown CDO lets you witness the good view of the Macajalar Bay. Primavera Residences is also just a drive away from the beaches of Misamis Oriental. Truly, nothing beats the excitement one feels living from a high-rise residence.
When it comes to condo lifestyle in Cagayan de Oro, Primavera Residences is the ideal choice for investors and home buyers. Primavera Residences is more than just your ordinary condominium building. Aside from its sophisticated, Italian-inspired design, it is also the first sustainable mixed-use development in Cagayan de Oro.
The twin tower, ten-storey green building is located in Uptown Cagayan de Oro, a prime spot situated 110 meters above sea level. It boasts of its 290 units for both towers, with all units at Tower 1 ready for occupancy.
You wouldn’t want to miss your chance of owning a condo unit with a nature-inspired design, would you?
For more information about Primavera Residences, please visit www.primaveraresidences.com or you may call (088) 880-5002 or +63 917 794 2221.
On The Manila Times: Primavera Developer Italpinas Sets P242-M IPO
The Italian-Filipino sustainable property developer, Italpinas Euroasian Design and Eco-development Corporation (ITPI), is set to launch an initial public offering (IPO) this year to raise P242 million for its new and ongoing integrated development projects.
Obtained by the Manila Times on Tuesday, in a filing with the Securities and Exchange Commission (SEC), Italpinas said that it will be offering 57.622 million primary common shares, priced at a maximum of P4.20 per share.
The final offer price will be determined on July 21, and the offer period will run from July 27 to 31. The company expects to list on the Small, Medium and Emerging Board of the Philippine Stock Exchange (PSE) on August 10.
Read more of the story here.
Tips to Make Mother’s Day Even More Special
Mother’s Day is a celebration of all mothers and of the everlasting bond they share with their children. It is the time where we stress our recognition for our mothers’ selfless love. We always wish to do everything to express the depth of our feeling for our mothers and one way of doing is by adding a personal touch to the gifts you prepared for her.
This Mother’s Day, there are gift ideas that are a definitive solution to a successful celebration. Here are some ideas that are sure to inspire family members to make their mom even more special.
Scrapbook
One of the most creative and thoughtful gifts is a scrapbook. It is also an unusual yet practical Mother’s Day gifts. It all depends on the ideas that one brings the basic concept of scrap booking. The first step in making a scrapbook for your mother is deciding on a theme. Once that is decided, the next step is arranging for the materials that would go in to making this idea a success. These are, in no particular order, photographs, thoughts, poems or anecdotes, decorative things like glitter, colored paper and the album or frame in which the scrapbook would take shape.
Homemade Candles
Discover the artist in you to make homemade candles or decorate store-bought candles for a really beautiful gift on Mother’s Day. The decorations include adding other accessories to the candles, or beautifying them with embellishments or spray painting the candles and so on. The hand crafted gift of candles will take a center stage among all other decoratives in your home.
Hand-designed Pillow
You and your mother are sure to reminisce this Mother’s Day for a long time to come. You can do that by dressing up a pillow with a picture of you and/or your mom or painting it with a picturesque design or adding lace and ribbons to it. Let your creative juices flow and the result would be a happy mother and a very happy you.
Bake a Cake
Bake a delicious cake for her on Mother’s Day. Make sure to decorate it nicely and write your message on it. Organize a Mother’s Day party or get-together for her. This can be done easily with a little planning and effort. You can prepare the meal or take someone’s help in doing so. Be careful about the atmosphere as much as the food and the setting.
Primavera Residences, a multi-awarded sustainable building in Cagayan de Oro, wishes all mothers the love and happiness in this world. May your hearts be filled with joy and selflessness as you celebrate this special day with your family.
Happy Mother’s Day!
Do you want to know more about Primavera Residences? Click here.
A Round Up of April News and Events at Primavera
It’s getting even hotter this summer!
As we welcome the second month of adventure and fun, Primavera Residences celebrates with you as we offer more enticing news and events, and promos for you and your loved ones. April has been a fruitful month for Primavera, bringing with it more opportunities to reach out to the larger communities, and offering exciting promos to the market
As a pioneering condominium development in Northern Mindanao, it is our pleasure to present to you the news and events we had last April.
- Primavera launches limited offer to buyers: Free Modular Kitchen
It’s back for a limited period! This month, due to public demand, Primavera Residences is offering buyers a FREE modular kitchen and installation worth up to P100,000 for reservations made from April 1 to April 30, 2015.
In a regular package, buyers get unfurnished units with inclusions of tile floorings, painted walls and ceilings, fitted kitchen sinks, bathroom fixtures, electrical wirings and outlets. However, this limited promo offer gives buyers a chance to earn savings of up to P100K with a FREE set of Kitchen Modular Cabinet and its installation.
This promo appeared in several papers in the city.
- Tower 2 Construction Updates as of April 2015
As of April 8, 2015, Primavera Residences Tower 2 is nearing its completion. Currently, the second tower of Primavera Residences has already reached 90% of its construction.
This news appeared to cdodev.com, one of CDO’s online development news outlet.
- Primavera Residences to host Free Live Broadcast of Pacquiao-Mayweather fight
This May 3, Primavera Residences together with Primavera Residences Condominium Corporation (PRCC) will be offering free live broadcast of the Pacquiao-Mayweather fight at the La Rondine Hall of Primavera Residences.
This free viewing event was featured in various online and print news outlets in the city.
- Italpinas promotes sustainable growth in country’s property sector
As Manila’s overcrowded property market crests in the wake of a booming economy in the Philippines, Italpinas Euroasian Design and Eco-development Corporation (ITPI) paves the way in sustainable real estate development towards the country’s next economic frontiers. The dynamic company offers foreign investors a strategic inroad to the country’s unrecognized yet hyper-prospective second-tier cities and regions.
This news was featured in South China Morning Post International.
- Primavera Launches Credit Card Facility for Rental Payments
As an added option for easier and secured payments for clients, Primavera Residences launches their credit card payment facility with BPI. Starting April 29, 2015, rental payments for short-term or long-term stay can be made through the credit card equipment.
This exciting news has been featured in different local papers in the city.
Follow Primavera Residences in Facebook to stay posted with news and events from the country’s premier eco-friendly property. You may also visit their website through clicking here.
Tower 2 Construction Updates as of April 2015
As of April 8, 2015, Primavera Residences Tower 2 is nearing its completion. Currently, the second tower of Primavera Residences has already reached 90% of its construction.
See below some of the latest construction photos.
Do you want to know more about Primavera Residences, you may click here or call 0917 794 2221 or (088) 880 5002.
A Round Up of March News and Events at Primavera
Are you ready for the summer heat?
As we welcome the month of adventure and fun, Primavera Residences celebrates with you as we offer more enticing news and events, and promos for you and your loved ones. March has been a fruitful month for Primavera that has opened more opportunities to reach out to the larger community and exciting promos to the market.
As a pioneering condominium development in Northern Mindanao, it is our pleasure to present to you the news and events we had last March.
- Italpinas offers graduation promo for March buyers
In time for the graduation month, ITPI offers special discounts worth P70,000 to its condominium buyers. In addition, buyers with graduating family membrs may also avail of an additional P5,000 worth of gift certificates, which can be claimed at Bigby’s SM City CdO Branch.
This promo appeared in several papers in the city.
- BusinessWeek Mindanao: http://issuu.com/sudaria_publications/docs/bwm_march_4__2015
- Sunstar
- Gold Star Daily: http://www.goldstardailynews.com.ph/business/italpinas-offers-graduation-promo-for-march-buyers.html
- Mindanao pushes for more renewable energy supply
During the recent 5th Mindanao Power Monitoring Committee Principals’ Meeting at the National Power Corporation Board Room, key players in the power sector stressed the importance of pursuing renewable energy as prominent source of electricity in Mindanao. Compared to last year’s power state, this year has seen significant progress with the immediate and medium term measures, stressing that majority of the cities in Mindanao did not have rotating power outage as reported by the Association of Mindanao Rural Electric Cooperative (AMRECO).
This great news was published in different media outlets in Mindanao.
- BusinessWeek Mindanao: http://issuu.com/sudaria_publications/docs/bwm_march_9__2015
- myprgenie.com: http://www.myprgenie.com/view-publication/mindanao-pushes-for-more-renewable-energy-supply-1?user_type=mc&ref_no=NTk4Mzcz%250A
- Primavera, BWM promote local news to condo renters
Primavera Residences recently established a partnership with the Business Week Mindanao Group, providing its clients with a daily supply of relevant business news and current events in the region.
This news appeared in BWM papers Mindanao-wide.
- BusinessWeek Mindanao: http://issuu.com/sudaria_publications/docs/bwm_march_17__2015
- Mindanao Daily News: http://issuu.com/sudaria_publications/docs/northmin_42bf4b3396218f
- Primavera, Smart Infinity, The Wine Cellar host ‘A Privileged Encounter’
Primavera Residences recently partnered with wireless leader Smart Communications through its premium brand Smart Infinity in hosting an exclusive event dubbed ‘A Privileged Encounter’.
Held last March 19 at the La Rondine Hall of Primavera Residences, the event featured an art exhibit by Biswal Mindanaw and wine-tasting by The Wine Cellar. The affair was graced by Mayor Oscar Moreno and VIP clients and guests of Smart Infinity, Primavera Residences, as well as members of The Wine Cellar’s Wine Club.
This event appeared in many publications and landed to some of the papers’ front pages.
- BusinessWeek Mindanao: http://issuu.com/sudaria_publications/docs/bwm_march_25__2015
- The Cagayan de Oro Times: http://issuu.com/sudaria_publications/docs/cdotimes_march_23-29__2015
- Primavera supports Habitat as they build resilient and sustainable homes in Calaanan
Primavera Residences staff and its realty partners, as a long term partner of Habitat for Humanity, helped inbuilding more resilient and sustainable homes at Calaanan, Brgy. Canitoan last March 28, 2015.Dubbed as “Building for a better planet”, the house building activity was organized to support the National Women’s Month and WWF’s Earth Hour 2015.
This event was supported by different stakeholders in the city has appeared in countless papers in the city.
- BusinessWeek Mindanao: http://issuu.com/sudaria_publications/docs/bwm_march_31__2015
- cdodev.com: http://www.cdodev.com/2015/03/30/primavera-supports-habitat-as-they-build-resilient-and-sustainable-homes-in-calaanan/
Follow Primavera Residences in Facebook to stay posted with news and events from the country’s premier eco-friendly property. You may also visit their website through clicking here.
