The Villages at Lipa Construction Updates Q3 2023

Construction is in full swing

Brook Village currently has 469 houses under construction and 99 completed houses.

Meanwhile, Sierra Village has 346 houses under construction and 46 completed houses.

 

Site Development

Site development of Brook Village is at 98.97% completion, Sierra Village is at 98.05% completion, while Meadow Village is at 36.09% completion.

 

Amenities

Main Guardhouses at Lipa and Malvar have been completed as well as in-village guardhouses.

The construction of Sierra and Brook Clubhouse is currently underway, with a targeted completion by Q3 2024.

 

Turnover

House acceptance and lot only turnovers are ongoing.

1 house and lot, along with 9 residential lots, have been turned over.

 

Value Appreciation

Lot value in our launched villages, Brook and Sierra, enjoy positive returns at 118% and 90% value appreciation respectively since they were launched in 2019.

 

Sales

There are 53 units in Brook Village, 64 units in Sierra, and 59 units in Meadow Village that are available.

 

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