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The real estate firm says the first building of its Anvaya Searidge Residences sold out just two days after its launch in June 2024
MANILA, Philippines – More homebuyers are seeking a resort-style property, Ayala Land, Incorporated (ALI) said.
This comes after it saw the first building of its Anvaya Searidge Residences sell out just two days after its launch in June 2024. The property giant scored P1.3 billion in sales and set the motion for the launch of its second building in December 2024.
“With more homeowners prioritizing health, fresh air, and outdoor activities, developments that provide a sanctuary from dense urban environments are seeing heightened interest,” Ayala Land said in a statement.
“While urban properties remain a key market segment, buyers are increasingly drawn to developments that offer a retreat from the fast-paced city lifestyle without sacrificing luxury and convenience.”
Searidge Residences is located in Ayala Land’s sprawling 620-hectare Anvaya Cove development in Morong, Bataan, which boasts of views of the Zambales mountain range and the sea.
A listing online shows that Searidge Residences is on the market for about P350,000 per square meter, with units spanning 58 square meters to 137 square meters.
The mid-rise building — which is under ALI’s premium brand Ayala Land Premier (ALP) — has 70 units comprising of one- and two-bedroom units.
According to ALI, the new homeowners settling into Searidge Residences will also have access to the development’s 18-hole golf course, the nature conservatory, and its sports and leisure club.
The new project adds to the growing community in the exclusive Bataan development. Anvaya Cove also has other residential developments such as Sea Breeze Verandas, Seascape Ridge, Brookside at Anvaya Cove, and South Grove, among others.
Searidge Residences is among the P33.7 billion worth of residential projects Ayala Land launched in the first half of 2024.
The company previously noted the interest for its premium developments, dedicating about 80% of its P100 billion budget to develop its residential property segment to its premium brands — ALP and Alveo Land.
“Beyond vertical residences, premium horizontal communities are also experiencing heightened interest, particularly among those seeking long-term investments or second homes,” Ayala Land said.
“Properties like Anvaya Cove, which seamlessly integrate sustainability and leisure, continue to appeal to a market that values both lifestyle and long-term asset appreciation.” – Rappler.com
