Taft Properties Begins Turnover of Horizons 101 Units
Taft Properties recently announced that the company has started handing over to their buyers the initial batch of Horizons 101 units. In a small, intimate gathering attended by members of the local press, Taft Properties officially welcomed and thanked the new homeowners for the trust and confidence.
Horizons 101 is a two-tower development – Tower 1 with 55 floors and Tower 2 with 46 floors – located right at the heart of the city. It is Taft Properties’ very first vertical development. Horizons 101’s first tower is currently considered the tallest building in Cebu.
According to Taft Properties COO and President Christopher Narciso, all of the more than 800 units of Horizons 101’s Tower 1 have already been sold out. On the other hand, Tower 2, which is currently being constructed, is now already 70 percent sold. The company is targeting to turn over all Tower 1 units by May 2016 and Tower 2 units by mid 2017.
Taft Properties COO and President Christopher Narciso
This development has further cemented Taft Properties’ reputation as a company that is fully committed to its brand promise of not only delivering units on time but also offering homeowners and investors an experience that only Taft Properties can offer.
Here are more exciting news from Taft Properties:
1. Taft City Magazine
Taft Properties has launched Taft City Magazine – a publication that gives readers in-depth look at Taft Properties’ world-class projects and how these amazing developments have placed the company at the forefront of Cebu’s (and the country’s) bustling real estate scene.
2. A Third Tower
Although the construction of the second Horizons 101 tower is still in full swing, Mr. Narciso announced that a third tower will definitely rise in their property along General Maxilom Avenue in the first half of 2016. The tower, which will be built behind the first two towers, is expected to capture a wider market segment.
3. BPO Component in 2017
After the towers, Taft Properties will next be adding a BPO component to the development. The BPO component will also be housed in an entirely different building.
4. Mid-Rise Towers
After giving Cebu its tallest building – Horizons 101 rises to around 800 feet above sea level – Taft Properties will next venture into building mid-rise towers. The towers will only be around 15 to 20 storeys tall and will be developed once the BPO component is already in place.
Taft Properties, Inc. is owned by the Metro-Gaisano family which also controls the Metro Retail Stores Group, Inc. MRSGI owns Metro Department Store, Metro Supermarket, and Super Metro Hypermarket.
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