JOHNDORF Ventures Corp. (JVC) has introduced another major development that will open 655 new homes for economic to middle-class families in the suburbs of Carcar City in southern Cebu.
Tierra Nava is the first of six subdivisions JVC is set to launch this year in Cebu and in three major cities in Mindanao, the company said in a press statement. Part of a P500-million investment for Cebu by JVC on its 30th year, Tierra Nava (“new land”) sits on a five-hectare property in the high plains of Dapdap, Poblacion III in the component city, 42 kilometers south of Cebu City.
“We are bringing our expertise in quality affordable living to the Heritage City of Cebu, the first in Johndorf’s plans to expand to other territories in Cebu this year,” said Michele Chiu-Bacungan, JVC sales and marketing manager.
Now, families in Carcar, San Fernando and the City of Naga “have the option to live in affordable two-storey Asian-themed townhouses away from the hassles of city life and with the tranquility of countryside living,” she said.
The average price for each home is P950,000. JVC plans to complete Tierra Nava by mid-2019. “We should be turning over homes in the first tranche by last quarter of 2018,” Bacungan added. PR