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Author Topic: Philippines's First Residential Island Lot Development  (Read 569 times)

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Philippines's First Residential Island Lot Development
« on: October 16, 2008, 11:29:53 PM »
Eton Properties Philippines Inc., the property arm of the Lucio Tan Group of companies, is set to launch the first residential island lot development in the country called the South Lake Village. South Lake Village is the initial development within Eton City, a world-class development that is set to rise in the rapidly developing Sta. Rosa area in Laguna.

Hailed as “The Makati of the South”, part of Eton City’s masterplan is the creation of a mixed-use township project that would seamlessly integrate residential, commercial, recreational, and institutional centers to form one vibrant community.

As the centerpiece of this ambitious project, South Lake Village shall provide for the first island community development in the country. Occupying 150 hectares of the almost 1,000-hectare Eton City project, South Lake Village is set to bring the concept of waterfront living to Philippine shores.

“One of the trends in the real estate industry today is developing waterfront properties and promoting waterfront living. In countries like Thailand, Singapore, Australia and the US, areas near water are considered prime property,” said Arch. Nestor Mangio, Eton Properties’ partner in conceptualizing South Lake Village.

“This project was actually inspired by the waterfront developments in Dubai such as Jumeirah, The Palm and The World, as well as the waterfront communities in the U.S. like San Francisco and Orange County,” he added.

South Lake Village is not like any ordinary community. This development features 18 residential islands that’s surrounded by a 35-hectare man-made lake. Each island, approximately one hectare in size, will have 6 to 12 residential lots ranging from 600 to 1,000 square meters each. The islands will be connected to the mainland through roads, and are highly exclusive and secure. Only kayaks and electric boats will be allowed to preserve the lake, and residents can have their own private dock.

source: The Philippine Star

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