ANTARA AIMS TO BE “IT” DESTINATION

The lack of tourism and leisure attractions in Talisay City has convinced a homegrown developer to invest in a multi-billion-peso mixed-use project in the south.

Nexus Real Estate Corp. (NREC) vice president Manny Roleda said Antara, its latest venture in Talisay City, will house an adventure park, spa centers, and a commercial strip that will complement its residential component, including five condominium towers and some villa.

“When we designed the project, we were looking at Antara as the “it” destination in Talisay. That’s how we want to change the landscape of Talisay”, said Roleda, noting that the leisure component of the project is still in initial planning.

The company, said the official, has consulted with tourism experts on how to go about the project. He said Antara, located in Barangay Lawaan III, can also serve as a gateway for southern Cebu tours.
“We want to come up with a comprehensive plan for Talisay to include other tourist spots in Cebu,” said Roleda. Antara is the first vertical project of NREC, after more than 10 years of developing horizontal housing projects all over Cebu province.

On Saturday, it topped off the first of its five towers consisting of 158 condominium units at eight storeys high. Roleda said all units have been sold out to property investors and overseas Filipino (OFWs).
Over the nexy eight to 10 years, the company is set to complete the entire ANtara development.
Compared to other key cities including Cebu City, Mandaue, and Lapu-Lapu, Talisay offers the lowest property prices, said Roledo

With further developments in Talisay, including the rezoning plans of the local government, the official said this will translate to higher property values in the city.

Read more: http://www.sunstar.com.ph/cebu/business/2017/04/03/antara-aims-be-it-destination-534679

Published in the SunStar Cebu newspaper on April 04, 2017.