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Wednesday, February 28, 2007
Housing project to rise next year in southern Cebu

ANOTHER middle-to-high end residential development will rise in the southern Cebu town of Minglanilla.

The horizontal development of Fonte Di Versailles, a project of Paramount Property Ventures (Paramount) Inc., is now ongoing, said Ernesto Abunda of Paramount.

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Paramount is the developer of the 1.5-hectare Residences of Coral Bay subdivision, located in Tungkop, Minglanilla.
Abunda said the vertical development at Fonte Di Versailles will start next year.

“Fonte Di Versailles is an intimate exclusive waterfront community that provides the perfect setting for neighbors to get to know one another,” said a statement from Paramount.

The development has four model-houses: Alessandra, Delanna, Isabella and Gianina.

Lot sizes at Fonte Di Versailles range from 195 square meters to 290 square meters. Prices range from P5.3 million to P11.4 million.

One can also buy lot at P7,500 per square meter.

Amenities at the project include a resort-styled infinity pool, gated entry with controlled access and monitored intrusion alarms, a lagoon, clubhouse, recreation room and café.

Paramount is now pre-selling the development. (JBN)

For Bisaya stories from Cebu. Click here.

(February 28, 2007 issue)
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