Tuesday, February 19, 2019

Dec 06 18, 1:25 pm

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Ayala Land launches Habini Bay, Northern Mindanao’s new growth center

by | Feature, Finance

Set to promote inclusive growth in Northern Mindanao, Ayala Land is ushering in new development through Habini Bay, a 526-hectare master-planned estate located within the municipalities of Alubijid and Laguindingan, Misamis Oriental.

Habini Bay is positioned as a new center of trade and commerce in Northern Mindanao. Amid natural landscapes and inviting coastal views, it is likewise strategically connected to the Laguindingan airport and will offer a diverse mix of developments to create new lifestyle options and business opportunities.

The estate is a joint venture project of Ayala Land Inc. and its parent company Ayala Corporation which acquired the property in the 1960s and eventually donated 183 hectares to form part of the airport.

“Over the years, Ayala Land has been committed to enriching the way we live and to enhancing land nationwide,” said Jun Bisnar, Vice President and COO of ALI Visayas-Mindanao group.

“We focus on inclusive growth, sharing our expertise as a full-line property developer to communities around the country. We remain a committed partner in nation-building and in improving the quality of life of our fellow Filipinos in the various regions where we invest,” he added.

Ayala Land’s presence in Mindanao was established about a decade ago through Abreeza estate in Davao and Alegria Hills in Cagayan de Oro. In 2012, it opened Ayala Malls Centrio within the Centrio estate, also in Cagayan de Oro, which like Abreeza is a mixed-use development offering a variety of residential and commercial uses. Last year, the company launched Azuela Cove, a prime waterside estate also in Davao.

Ayala Land aims to tap and grow new markets and create shared value for more Filipinos. It plans to bring to Misamis Oriental its experience and track record in building sustainable mixed-use estates. Among its 26 estates nationwide, are landmark developments such as the Makati Central Business District, Bonifacio Global City in Taguig, Nuvali in Laguna and Cebu Business Park.

Strong growth opportunities in the Visayas and Mindanao regions have led to the continued expansion of Ayala Land in Davao, Cagayan de Oro, Cebu, Iloilo, and Negros Occidental.

“We continue to build sustainable mixed-use estates around the country not only because of the country’s economic growth, but also because of the continued trust and confidence of Ayala Land’s customers,” said Bisnar. “We remain focused on sustainability and our strong partnership with communities, local governments, and other stakeholders helps us fulfill our mission,” he added.

Habini Bay’s masterplan will be anchored by an industrial park to be managed by Laguna Technopark Inc. (LTI), the country’s foremost industrial estate developer which brought in the world’s leading manufacturers of electronics, automotive, pharmaceuticals, and consumer products. Affordable residential developments will also be built in the estate, together with mixed-use commercial lots.

The municipal government of Laguindingan will also relocate and build a new Municipal Government Center within the estate. Other projects include a provincial bus terminal which will provide convenient access to and from neighboring towns and cities, and a technical school that supports the push for quality education in the region.

A 30-meter-wide road right of way and along the coastline of the property connecting to the airport will allow easy access to Habini Bay’s industrial and mixed-use commercial sites, a sea port and other transport facilities. Habini Bay will likewise have pedestrian and bike-friendly roads to encourage a healthy modern lifestyle in an integrated and sustainable estate that Northern Mindanaoans can proudly call their own.

It’s back. The longest-running, most trusted and biggest Philippine investment event in the Middle East region, Philippine Property and Investment Exhibition (PPIE), is back. It has helped thousands of OFWs own their very own home. Be part of PPIE 2019 on April 26-27 at the JW Marriott, Deira, Dubai to reach your aspired home. Like @ppieuae on facebook to get tips and alerts on unbeatable deals.

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

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