[Article] Philippine Real Estate to Adapt Italian Knitware Brand Concept as Its Interior Design

A Philippine real estate is about to adapt a concept of an Italian knitwear brand as its interior design.

In an interview, the Century property announced that the Acqua Livingstone launched by its subsidiary, Century Limitless will be adapting the colourful design aesthetic of Missoni.

The interior design of the 52-storey condominium will be replicated from Missoni’s live colors and stylish designs.

Missoni is an Italian fashion house based in Italy. It is widely known for creating knitted clothing designs made from different kinds of fabrics with its colourful patterns. Its design concept emphasizes an experience of happiness, fun, beauty, creativity as well as luxury and elegance according to Missoni Marketing Director and Shareholder, Vittorio Missoni.

Acqua Livingstone is actually the fourth of condominium towers launched by the Century properties but this is the first time that it will be the first condominium in the world which would be designed by MissoniHome.

Acqua Livingstone will have function rooms, gym, spa, swimming pool, dance floor, barbecue facilities as well as business center. The Missoni design will be seen in the condominium’s multi-level amenity called Canopy but Acqua Livingstone’s residents can also have an option of having their units designed by MissoniHome.

According to Century Properties managing director, Robbie Antonio, this innovation is expected to boost confidence for the Philippine real estate industry.

It only proves that Missoni believes that Philippines has a great potential to be a premiere platform for premiere development.

The project will definitely push the Philippines real estate industry to come out in a nutshell and explore something different and make valued brands such as MissoniHome accessible as a lifestyle experience, Antonio explained.

Adapting a clothing design as an interior design of a condominium is another great concept for the Philippines real estate. It’s a great innovation which is one of its kinds.

[NEWS] A Philippine Real Estate Firm Eyes Cebu as a Perfect Place to Build Business Infrastructures

A Philippine real estate in cooperation with an international partner plans to build a retirement village and a hospital facility in Northern Cebu.

Recently, Everjust Realty Development Corp., and an international partner held a meeting regarding their agreement about management and operations of the said projects. Thus, facilities can adopt international standards and at the same time can achieve an international accreditation.

In a new report, the firm’s president is considering 5 years for the construction of the projects.

According to the Everjust Realty President, Justin Uy, the 10-hectare retirement village is set to be built in Consolacion while the Hospital facility is set to be constructed in Mandaue. Both infrastructures will be located in Cebu.

Uy further said that the development of the said retirement village and hospital facility in Cebu is meant to push the firm’s expansion into the tourism industry

Cebu is a perfect domicile for retirees. Retirees can easily get attracted to such places where they become close to natural wonders as well as urban conveniences. In fact, Cebu can be directly compared to Hawaiian Islands like Honolulu and Maui.

Also, the Philippine Retirement Authority (PRA) attested that Cebu is one of the most preferred places for retirement outside the Philippine’s capital city.

Moreover, aside from the said Philippine Real Estate firm, the Philippine economy can also earn a great profit from the said projects. A study from a health care business intelligence firm, Healthcore revealed that from 2006 to 2010, Philippines earned about $1.30 billion in healthcare and wellness services from foreign tourist and overseas Filipino works (OFW) or the “Balikbayans”. In a speculation, Philippines has the capability to profit as much as $1 billion to $3 billion each year by 2018 if it would pursue investing on health care infrastructure and offer more extensive travel arrangements for medical tourist.

The said study also previewed that the Philippines can have a chance of getting a larger market share in the global medical tourism industry if further similar projects will come out in the country like a raging trend.

This will be a multi – purpose project which will benefit not only the said Philippine real estate firm but also the Philippine economy. It would definitely be a plus factor for the Philippines considering that the country was finally recognized as one of the booming players in the multi-billion dollar industry.