Filinvest Land, Inc. (FLI) announced the launching of 8 Spatial Davao, its latest Mid-Rise Building (MRB) project that offers “more space, more value.” This is the second of a series of MRB projects that will be marketed under the “Spatial” product name.
Located on a highly accessible 3.8 hectare prime property along Julian Rodriguez, Sr. Avenue (Maa Road), Davao City, it is within walking distance to NCCC Mall, S&R Membership Shopping and other commercial establishments. Educational institutions like University of Mindanao Matina Campus, Ateneo de Davao University Matina Campus, and Philippine Women’s College of Davao are among other landmarks near 8 Spatial.
8 Spatial is the third joint venture project between FLI and CVA & Sons, the family corporation of the prominent Carlos Villa Abrille clan of Davao City. The other two projects are Fuente de Villa-Abrille along Tulip Drive in Matina and Le Jardin de Villa-Abrille, also along Julian Rodriguez, Sr. Avenue and facing 8 Spatial.
8 Spatial features 8 buildings with 6 floors each. The units are larger and are designed for functionality and efficiency. All the units being offered are 32 square meters, ideal homes for start-up families.
Just like FLI’s other MRB projects, 8 Spatial will feature lots of open spaces with the buildings’ footprint occupying only 30% of the total land area, giving residents a truly spacious sanctuary amidst the urban sprawl.
In addition, 8 Spatial MRBs will continue to be built using the construction methodology employed by FLI’s MRBs which allows the units to be free of beams and columns, so homeowners can enjoy bigger and unobstructed livable space. It also relies on reusable forms which save around 3,000 pieces of plywood and 85,000 board feet of lumber per building. For 2011 alone, FLI was able to save a total of 40,000 pieces of plywood and 1.1 million board feet of lumber. In addition, all the buildings are constructed with the aim of maximizing natural light and ventilation.
FLI is the country’s largest MRB developer, currently with 13 ongoing MRB projects, located in Metro Manila, Cagayan de Oro, Cebu, and Davao City. These are One Oasis Ortigas, Bali Oasis, Bali Oasis 2, Sorrento Oasis, Capri Oasis and One Spatial in Pasig City; Maui Oasis in Sta. Mesa, Manila; Asiana Oasis in Paranaque City; One Oasis Cagayan de Oro; One Oasis Cebu, Amalfi and Sanremo Oasis in Metro Cebu and One Oasis Davao. It plans to launch MRB projects in other key urban areas such as Iloilo soon.
FLI believes that MRBs are the best housing alternative for the urban Filipino family. FLI’s MRBs are inner city projects with several 5 to 10-storey buildings clustered around the project’s expansive central amenity area, located in highly accessible areas. MRBs offer a much better living environment due to its low-density and wide open space, compared to high-rise condominium buildings (HRBs) crammed with thousands of units. Moreover, the cost of a unit in an MRB is lesser than an HRB due to the lower construction cost attributable to the lower height of the building. In addition, association and other maintenance dues are much lower for MRBs than HRBs. MRBs in inner city locations provide the best alternative to buyers who do not want the daily commute to and from the nearby provinces but do not wish to live in a crowded high density high-rise condominium within the metro.
In Davao, FLI has been instrumental in developing residential subdivisions for the last 16 years, pioneering with Orange Grove in Matina Pangi in 1997. Today, FLI has five residential subdivisions in Davao City and one each in Tagum City and the Island Garden City of Samal (IGACOS). For residential condominiums, FLI has One Oasis Davao in Ecoland, 8 Spatial Davao and another one in the pipeline in IGACOS.
With a rich history spanning almost 50 years, Filinvest has built more than 135,000 homes on over 2,350 hectares of land to fulfill the dreams of Filipino families across the nation. A trusted name in providing well-crafted homes, inspiring townships and vibrant cities, Filinvest takes the Filipino through life’s important milestones – helping him achieve his ultimate dream of a place he can truly call home.