Riding Mactan’s Steady Rise

Posted on Friday, May 31st, 2019

Kat O. Cacho/Writer

Every day, Mactan Island is getting a dose or more, of being one of the most talked about destinations in the country. Thanks to its warm and hospitable people, rich history, pristine beaches and non-stop business opportunities, Mactan is more than just one of the world’s best islands and but an economic magnet of its own.

Every day, Mactan Island is getting a dose or more, of being one of the most talked about destinations in the country. Thanks to its warm and hospitable people, rich history, pristine beaches and non-stop business opportunities, Mactan is more than just one of the world’s best islands and but an economic magnet of its own.

One of those that cemented its position in the upscale market is Aruga Resort and Residences-Mactan, whose residential units are nearly half sold out. Developed by Rockwell Land, this P6.2 billion premier development boasts about over 200 posh residential units and 300 hotel rooms. The project sits on a 4.7 hectare property along the serene side of Punta Engaño.

Property research firm, Colliers International Philippines cited the attractiveness of condominium living coupled with rising land values and dearth of developable land in Cebu City as among the factors that make condominiums still the most preferred investment among property buyers.

The high sales take-up in Aruga Resort and Residences-Mactan is reflective of the rising purchasing capacity of Cebu residents and investors. Specifically, the property’s superb amenities and a promise of a relaxed and enthralling resort lifestyle have made it the preferred choice of buyers seeking a new space to live or invest in. Its exclusive 200-meter beachfront offers guests and residents their own version of a paradise. In March 2019 alone, Aruga Resort and Residences-Mactan has recorded the highest per square meter (p/sqm) sold at over Php 360,000 p/sqm for a one- bedroom beachfront unit.

“The continued demand for condominium units is fueled by the influx of high- spending foreign tourists,” said Colliers.

It pointed out that resort-oriented projects in Mactan will likely continue to record strong take-up especially from Japanese retirees and offshore gaming employees from China.

Mactan’s improved connectivity to the rest of the world is also something to bank on as the presence of direct flights to other countries could translate to potential tourism and real estate gains.

Rockwell Land’s entry to Mactan beefs up the island’s image in the global tourism and property map. The firm’s outstanding performance is proof that all eyes are now in Mactan.

Indeed, Mactan is enjoying all the praises it deserves and there is no stopping for the island to grow. This most talked about destination has a strong economy moving to greater heights and those who want to be a part of this growth assured of a good ride.

Aruga Mactan by Rockwell- 3BR Living and Dining

Enjoy quality time with your loved ones with a stunning view of the beach as your backdrop.

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AERIAL VIEW: Adding to Mactan Island’s appeal as a preferred vacation and second-home destination is Rockwell Land’s Aruga Resort and Residences located on Punta Engaño, Mactan Island

5 Things That Make Vacation Homes More Elegant and Sophisticated

Posted on Monday, January 21st, 2019

These little details will help you create your own slice of heaven, just in time for the holidays.

Work and social engagements may be invigorating, but sometimes, you just find yourself longing to escape from the city for the beach and simply be. A vacation home is built for that purpose, since you don’t have to make major adjustments to your routine as you take a break. But what makes a coastal vacation home, exactly? Below, interior design tips to get you started on your beachfront living.

 

 

 

1. Consider the location.

Living by the beach can elicit calm and a sense of peace, and both areintegral to a private space where you’ll be retreating and recharging many times a year. The right location also contributes to the design of your vacation home, since it provides the inspiration for how your interiors will look like. For a beachfront property, modern coastal design works best: think distressed wood, earthy and nautical elements, and relaxing open spaces.

2. Choose a muted color palette.

Rockwell-ArugaMactuan

One of the simplest ways to feel like you’re on vacation as soon as you setfoot into your beach home is by designing your interiors with soft, muted tones. A sandy tan or a soft gray is easy on the eyes and can make you feel relaxed as soon as you see it. For accents, veer away from bold pops of color as this can jolt you right out of your calm state—keep to the muted colors with pastel hues like aquamarine or coral.

3. Create wide and relaxing spaces.

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Design your personal space with your overall comfort and well-being in mind. Instead of filling up a room with furniture and decor, allow negative space to thrive in it. Since you’ll be following a less-is-more approach, choose only the right furniture that fits the all-around aesthetic of your vacation home. For example, a sturdy rope or rattan hammock by the balcony or a reading nook by the bayside window are some coastal-themed details that help calm the mind but still offer opportunities for stimulation and creativity.

4. Layer pieces with different textures.

Rockwell-ArugaMactuan

Play with textures that remind you of being at the beach. Imagine sinking your toes into the sand, tracing water-carved rocks, or feeling the waves crash at your feet—try to recreate these tactile experiences with the kind of furniture or decor you use, or at least choose pieces where the texture is visually obvious: woven fabrics, planks of wood, and even potted plants. Lastly, as a vacation home is designed for maximum comfort, add plush cushions, pillows, and throws to your sofa for a cozier, lived-in feel.

5. Add a touch of grandeur.

Rockwell-ArugaMactuan

What’s a vacation home without feeling the least bit glamorous during your stay? Make your beachfront home feel like a grand escape by going for marble or granite countertops, real wood accents on the ceiling or sofa, and metal finishes on decor and lighting. For your bedroom, choose plush sheets and beddings with an impressive thread count; for your bathroom, opt for a free-standing bathtub that’s overlooking the ocean for ultimate relaxation.

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Stock your bar with your favorite premium liquor, and unwind after each indulgent day with your favorite drink and the gorgeous sunset before you. Whip up a delicious dinner—better yet, hire a personal chef on your getaway to whet your appetite with dishes made from locally sourced ingredients.

Whether your vacation home is just for yourself or for the entire family, choose a community where every lifestyle is catered to and exudes luxurious living, like Aruga Resort and Residences – Mactan. Nestled on a stretch of private white beach, this residential resort community offers one-bedroom to four-bedroom units to accommodate all types of vacation seekers and includes exclusive amenities for residents and guests. Aruga Resort and Residences – Mactan is Rockwell’s first premiere residential-resort development located in Mactan Island, Cebu.

Rockwell-ArugaMactuan

Source: https://www.townandcountry.ph/homes/property/5-things-vacation-homes-elegant-sophisticated-rockwell-adv-con

Rockwell registers brisk sales in Cebu

Posted on Monday, January 21st, 2019

Upscale developer Rockwell Land Corp. has gained ground in Cebu a few years after diversifying out of Metro Manila, with its first two residential projects—one condominium enclave in the city center and one beachfront estate in Mactan—posting brisk sales.
For the beachfront residential condominium that will rise as part of a 5.3-hectare Aruga Resort and Residences in Punta Engaño, the first 100 units are selling for P250,000 to as much as P370,000 per square meter or comparable to some of the upscale condominium developments in Metro Manila.

To date, Rockwell Land has sold half of the 200 residential condominium units in the future Aruga Residences about a month ago, Cebu-based sales manager Katrina Kho said in a recent press briefing.
The residential complex will have its own pool and other amenities that are distinct from the future Aruga Hotel, which will have 250 to 300 guest rooms.

Rockwell Land is also looking to sell a limited number of “condotel” units with time-sharing arrangements.
Because Punta Engaño is a narrow strip of land, all units have a view of the sea from either side, Kho said, adding that the estate will have one of the longest beachfronts in this part of Mactan.

“The buyers are mostly from Manila and Cebu, mostly Filipinos, businessmen and from the high-end market here in Cebu,” Kho said.
For the Cebuano buyers, the buyers mostly intend to use them for a second home for their weekend getaways.
“Before, we just have the public beaches but they are slowly turning into bigger developments. So it’s for weekend getaways, plus it’s near the city,” she said.
A 67-square-meter one-bedroom unit costs P16 to P18 million while a two-bedroom 101-sqm unit costs P35 to P38 million.
The three-bedroom units, sized at around 161 sqm, cost about P50 million to P55 million.

The residential units are targeted to be turned over to buyers by 2022, while the Aruga hotel-resort will be operational by 2023, Kho said.
Rockwell has also reported strong demand for its first residential project in Cebu, 32 Sanson, which now has a thriving community as the first two towers—Raffia and Gmelina—have been sold out and turned over to buyers.
Located in Lahug at the center of the business district, the 3.2-hectare residential cluster offers low- to mid-rise units surrounded by sprawling gardens.
About 70 percent of the estate consists of landscaped space.
For the remaining two towers, Buri is 94 percent sold and Solihiya is 43 percent sold. These are expected to be completed by 2019 and 2020, respectively.
The remaining units in 32 Sanson are now selling for P155 to P170 per square meter compared to P120,000-P130,000 per square meters when Rockwell started preselling the first towers in 2014.

By: Doris Dumlao-Abadilla – Reporter / @philbizwatcher
Source: https://business.inquirer.net/257958/rockwell-registers-brisk-sales-cebu#ixzz5dDH94DsW

Rockwell launches P6.2-billion luxury resort in Mactan

Posted on Monday, January 21st, 2019

Rockwell Land Corporation, the high-end property development arm of the Lopez Group, is expanding its unique brand in Cebu with the launch of its first resort project, the highly anticipated P6.2-billion Aruga Resort and Residences-Mactan, Cebu.

In an interview, Rockwell Assistant Vice President and Cebu Project Development Head Christopher Gecha said half of the project’s 200 residential units have immediately been sold after its launch last month.

Rockwell’s first residential-resort development is located on a 4.7 hectare property along Punta Engaño with an expansive 200 meter beachfront.

The low density luxury development will comprise just 200 residential units as well as exquisite villas and a hotel tower. Rockwell said its most ambitious project yet is set to elevate the Mactan leisure and lifestyle experience.

Gecha said the residential component of the project consists of one-bedroom units with a total area of 67 square meters, 2-bedroom units with 101 square meters each, and 3-bedroom units with 161 square meters each.

He said most of their buyers are Cebuanos although buyers from Metro Manila are fast catching up and now comprise almost half of those who have reserved units.

Meanwhile, Gecha said they have also sold 45 percent of the fourth tower of their first foray in Cebu, the P4 billion 32 Sanson by Rockwell in Lahug.

In 2014, the low density mid-rise project 32 Sanson launched its first two towers, Gmelina and Raffia.

With the market’s positive reception of the Rockwell brand in Cebu, these two towers, which have sold out and been turned over last 2016, have residents and investors comprising Rockwell’s first growing community in Cebu.

This was followed by the launch of the property’s third tower, Buri, with a few units remaining, and will be turning over in 2019.

With last year’s launch of the fourth tower, Solihiya, still receiving positive feedback, and the launch of
Aruga Resort and Residences-Mactan, Cebu this year, Rockwell looks forward to the continued success of the beginning of penetration in the provincial market while it remains on the move.

Gecha said they already have the fifth and last tower of the project on the drawing board and should launch it within two years.

Meanwhile, he said they continue to scout for sizeable properties to develop in Cebu as they continue to be bullish about prospects of the local economy.

By James A.Loyola
Source: https://business.mb.com.ph/2018/09/16/rockwell-launches-p6-2-billion-luxury-resort-in-mactan/

Rockwell sells half of P6.2-B Aruga Mactan, Cebu, residential project

Posted on Monday, January 21st, 2019

ROCKWELL Land Corp., the property development arm of the Lopez Group, said it has already sold half its residential units in Aruga Resort and Residences in Mactan, Cebu, where most of the country’s top resort developers are clustering to create a destination.

Christopher Gecha, the company’s assistant vice president and Cebu project development head, said its P6.2-billion project generated a lot of interest among the buyers just a month after its launch in August.

The project has 200 upscale residential units and 250 hotel rooms, which also include units for sale.

Rockwell’s first residential-resort development is located on a 4.7-hectare property along Punta Engaño.

“With its unique property layout and design and an expansive 200-meter beachfront, the project is set to elevate the Mactan leisure and lifestyle experience,” the company said.

Gecha said the residential component of the project consists of one-bedroom units with a total area of 67 square meters (sq m), two-bedroom units with 101 sq m each and three-bedroom units with 161 sq m each.

He said most of their buyers are Cebuanos, although buyers from Metro Manila are catching up and now comprise almost half of those who have reserved units.

The Lopez property is among those with larger frontage facing the ocean, alongside with the development of Andrew Tan, the Gokongweis and the Gotianun groups and also Dennis Uy’s resort and casino development. Most of the area, however, have no beach, so developers are creating an artificial beach, by importing sand from somewhere else and piling this within their respective property.

Gecha said they have also sold 45 percent of the fourth tower of their first foray in Cebu, the P4-billion property at 32 Sanson by Rockwell in Lahug.

In 2014 the low-density, midrise project 32 Sanson launched its first two towers, Gmelina and Raffia.

With the market’s positive reception of the Rockwell brand in Cebu, these two towers, which have sold out and been turned over in 2016, have residents and investors comprising Rockwell’s first growing community in Cebu.

The company recently launched its third tower, called Buri, with a few units remaining, and will be turned over to its owners by 2019.

Last year it launched the fourth tower, named Solihiya, and is still receiving positive feedback, it said.

Gecha said the company will launch its fifth building, the last in the complex, within the next two years.

He said Rockwell is scouting for sizable properties to develop in Cebu as they continue to be bullish about the prospects of the local economy.

By VG Cabuag

Source: https://businessmirror.com.ph/rockwell-sells-half-of-p6-2-b-aruga-mactan-cebu-residential-project/