There’s no question to it: Palawan continues to enthrall and captivate.
With its pristine, powdery white sand beaches and picturesque sights, this green tropical paradise-declared as the world’s most beautiful island-remains to be a most favored destination and retirement haven by tourists, homebuyers, and even prospective investors.
A true sanctuary teeming with nature’s gifts, Palawan serves as the ultimate respite from the chaos of the concrete jungle. Thus is the reason why many individuals have looked at relocating to its capital, Puerto Princesa City, while investors are looking to capitalize on the sustained interest of homebuyers in the province.
As it is, economic activities in the province have become increasingly brisk as businesses and industries have set up shop in the island, consequently opening up better employment opportunities for residents.
One of the industries that seem to reap the benefits of a growing Palawan economy is real estate as a number of property developers make their way to Puerto Princesa to build, not only resorts and other leisure type of projects, but residential developments as well.
One of the companies that saw the growing market potential in Puerto Princesa was Sta. Lucia Land Inc. (SLLI). It was in 2015 when the company launched its first project in Palawan—a strategic move given the strong take up of its first project.
“Our entry to Palawan is brought about by the demand we got from our offices abroad. There is a strong clamor from overseas Filipino workers for national developers to come in to the province and provide them with better home choices. Most OFWs prefer to invest in their place of origin. But when they have extra money, they consider investing in other areas and one of those is Palawan,” related Sta. Lucia Land Inc. president Exequiel Robles,
“The market in Palawan is very good. It has remained untapped. But we somehow changed that with our entry. Palawan is a good area to invest in and retire because not only is the environment very conducive for living, but the way of life is also simple and the cost of living is relatively cheap,” he added.
Given the warm reception of residents to its first project, SLLI has lined up four projects, including two Nottingham Villas, the Marbella, and the Catalina Lake Residences.
Touted to be one of Puerto Princesa’s most prime lake developments, the Catalina Lake Residences guarantees privacy, security, and that much sought bliss. Its landscaped entry, 24/7 security, wide and paved concrete road network, and other carefully thought-out details and features assure a peaceful, secluded and private day-to-day life.
The 33-hectare Catalina Lake Residences is one of SLLI’s projects that is currently creating buzz in the province. Set right at the doorstep of beautiful Puerto Princesa, Catalina Lake Residences is an idyllic lakeside landscape that is expected to set a new trend in home development.
Located right along the National Highway, Catalina Lake Residences finds the perfect balance between privacy and accessibility.
A mere 35 minutes away from Puerto Princesa International Airport, and 3 kilometers away from Robinson’s Place Palawan, this project allows you access to key areas and establishments in the city.
For instance, a 300-meter walk going south from the Palawan Baywalk Park is the 19th century Immaculate Conception Cathedral while 10 minutes north of the city proper is the scenic Honda Bay, which boasts one of the best snorkeling spots in the Philippines.
With SLLI’s diverse offering in Puerto Princesa, the company is highly positive that it will not only capture a fair share of the market but will also be able to satisfy and even go beyond the needs and whims of its increasingly discerning market.