Ground Breaking Day

A major construction company and property developer is investing P5 billion in the initial phases of a 200-hectare master planned township in Cavite province.

HG-III Construction and Development Corporation (HG-III), a triple A contractor with a 33-year history of developing ports, water supply, infrastructure and residential projects around the country, said the amount will go to the development of Golden Horizon — the new township in Trece Martires City, Cavite.

Golden Horizon is expected to host 15,000 families upon completion. The township is located just 45 kilometers south of Manila and 23 kilometers from Tagaytay City. HG-III has already acquired neighboring land properties for the expansion that reached boundaries of General Trias.

Phase 1 of Golden Horizon is a 86-hectare property comprising of 9,800 units, 7,000 of which are already built and occupied. It is a mix of rowhouses, lofted units (Villas), townhouses (Courtyards). Payment terms are very ideal and convenient for first-time homebuyers. Available units can be acquired through Pag-IBIG Fund for as low as P3,000 in monthly amortization with a reservation fee of as low as P5,000.

“We were surprised how the growing market of homebuyers embraced our product offer so well despite being a new player in the market,” Howard Guintu, HG-III’s Chief Operating Officer, said in a statement.

“That’s when we decided to expand our initial phase to introduce new housing options convenient for a flourishing Filipino family,” said Guintu.

HG-III broke ground on April 18 to formally introduce single-attached units (Manors) and single-detached homes (Acropolis) which are the 2 newest communities within Phase 1.

 

Source: https://business.mb.com.ph/2018/04/22/developer-investing-p5-b-in-cavite-township/

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