Category: Press Release

Talisay City has become an investment destination in southern Cebu.

With more residential communities and other commercial establishments rising in the City of Talisay, this gateway to southern Cebu is easily becoming a growing investment destination.

In 2014, South Town Centre opened at the boundary of Barangays Bulacao and Tabunok, where industrial and commercial activities take place.

“The city is the gateway to the south and it is the place where most of the high-end residences are located,” said Grace Labunog, the mall’s head of operations.

Labunog said the mall had seen significant growth since it was introduced to the public three years ago, owing to Tabunok being the busiest place in the city.

She said most of the mall visitors are students from different schools in Talisay and the nearby town of Minglanilla.

“We also cater to residents of subdivisions and villages as well as corporate clients,” Labunog said.

Tenant occupancy has grown from 32 regular tenants in November 2014 to 38 regular tenants to date while foot traffic has grown double over the same period.

Much of the commerce in Talisay occurs within the Tabunok area, where several public markets, strip malls and other commercial establishments are located.

The area also serves as a commercial hub for traders from farther south because of its proximity to Cebu City.

Data from the Department of Trade and Industry (DTI) showed that among the establishments in Talisay include marine products processing plants, sari-sari stores, restaurants and cafeterias, general merchandising stores, and motels.

Labunog said that while she was confident of Talisay’s growth through the support of the local business community, she said the local government should first solve traffic problems hounding the city.

Investors, however, are starting to notice Talisay City because of the low prices of real estate there as compared to other localities close to Cebu City.

Talisay, a third income class city located 13 kilometers south of Cebu City, can be accessed via the national highway or the south coastal road at the South Road Properties (SRP) through Barangay Lawaan.

Founded as an Augustinian-owned estate in 1648, Talisay was converted into a municipality in 1849 and then into a city in 2000.

The city’s name is taken from the magtalisay tree, a large tropical tree in the leadwood family, which used to be abundant in the locality.

In its place now stand various commercial establishments and residential projects.
Among them are Aboitiz Land’s Kishanta, Primary Homes’ South Glendale Subdivision, and Vista Grande Subdivision by Asian Pacific Group of Companies, to name a few.

One of the latest to enter Talisay City’s property market was Nexus Real Estate Corp., which is currently constructing its first vertical development called Antara.

The multi-billion-peso venture located in Barangay Lawaan, less than one kilometer away from the SRP access road, is also primed to be the first condominium project in the city.

Manny Roleda, NREC vice president for marketing, said they hope to make Antara Talisay’s “it” destination and make the city attractive to tourists because of this development.

Published on Cebu Daily News April 8, 2017

ANTARA AIMS TO BE “IT” DESTINATION

The lack of tourism and leisure attractions in Talisay City has convinced a homegrown developer to invest in a multi-billion-peso mixed-use project in the south.

Nexus Real Estate Corp. (NREC) vice president Manny Roleda said Antara, its latest venture in Talisay City, will house an adventure park, spa centers, and a commercial strip that will complement its residential component, including five condominium towers and some villa.

“When we designed the project, we were looking at Antara as the “it” destination in Talisay. That’s how we want to change the landscape of Talisay”, said Roleda, noting that the leisure component of the project is still in initial planning.
The company, said the official, has consulted with tourism experts on how to go about the project. He said Antara, located in Barangay Lawaan III, can also serve as a gateway for southern Cebu tours.

“We want to come up with a comprehensive plan for Talisay to include other tourist spots in Cebu,” said Roleda. Antara is the first vertical project of NREC, after more than 10 years of developing horizontal housing projects all over Cebu province.

On Saturday, it topped off the first of its five towers consisting of 158 condominium units at eight storeys high. Roleda said all units have been sold out to property investors and overseas Filipino (OFWs).
Over the nexy eight to 10 years, the company is set to complete the entire ANtara development.
Compared to other key cities including Cebu City, Mandaue, and Lapu-Lapu, Talisay offers the lowest property prices, said Roledo

With further developments in Talisay, including the rezoning plans of the local government, the official said this will translate to higher property values in the city.

Read more: http://www.sunstar.com.ph/cebu/business/2017/04/03/antara-aims-be-it-destination-534679

Published in the SunStar Cebu newspaper on April 04, 2017.

CEBU CITY, Philippines – NEXUS Real Estate Corporation proudly welcomes its new Project Ambassador for TELO Communities, Mr. Jay Kummer “Dodoy” Teberio.

Teberio is commonly known as “The Tubig Queen of Cebu” who has been recognized as the most popular water vendor for his comical skits in selling.

Last March 21, 2017, a contract signing was held in Nexus Building, N.Bacalso Avenue, Cebu City together with NREC Chief Executive Officer, Ms. Shanna Louise T. Lopez and Vice President for Sales and Marketing, Mr. Manuel M. Roleda.

TELO Communities is the newest project of NREC which is yet to be launched at the end of March 2017.

The project is envisioned to be NREC’s implementing arm in the design, development and marketing of residential projects positioned towards the middle to low market segments with quality yet affordable housing and walk-up condominium units.

“Dodoy perfectly embodies the aim of Telo Communities, his flamboyance and colorful character belies the grit and determination of someone willing to face life’s challenges and overcome them. We are happy to be one with Dodoy in the next phase of his life’s journey. Our latest series of housing developments that will soon rise in Minglanilla, Naga and Mactan share the same character of strength and vibrance as Dodoy,” said Manuel M. Roleda, Vice President for Sales and Marketing.

Nexus Real Estate continues to be one of the key players in the real estate market; an active partner in the progress of Cebu province with its mission of bringing people together through building affordable and reliable housing communities that they can call their own.

Read more: http://cebudailynews.inquirer.net/127526/cebus-tubig-queen-signs-endorsement-contract-with-nexus#ixzz4eky9hp5T

Published in Cebu Daily News on March 27, 2017

AMID the dynamic real estate scene in Cebu, housing developer Nexus Real Estate Corp. has formed two subsidiaries to cater to contrasting market segments.

Manuel Roleda, the company consultant, presented to the press on Saturday Nexus Prime and Telo, which were incorporated early this year to serve the high-end and middle to low-end market, respectively.

“Early this year, we formed the subsidiaries. We do not want to mix the identity of both (high end and mid to low-end projects)…If we did not establish the split, they would not consider us a serious player,” Roleda said.

Since 2006, Nexus has been focused on developing pocket subdivisions for the middle and low-income segments. Over the years, it has completed seven residential projects scattered around Cebu. It was only last year when the company introduced Amandari, its biggest and premium project to date.

For Nexus Prime, the first project is Antara, a rebrand of the Amandari project, a mixed-use development in Talisay City. Upon completion, the developer will be the first to have built a condominium in the southern part of Metro Cebu, according to Nexus chief executive officer Shanna Louise Lopez.

According to Roleda, they decided to reposition Amandari, which was first marketed as a residential development, to Antara, where it is promoted as a mixed-use project, adopting the tagline, “residential, recreational, possibilities.”

The project sits on a 2.9-hectare property that will house five towers for both residential and commercial purposes.

The multi-billion peso project also aspires to become a lifestyle and leisure hub in the city, with plans to build health and wellness facilities, a commercial strip, and an adventure park.

Meanwhile, the Telo subsidiary will focus on the mid to low-market segments, with Telo Minglanilla, a pocket-size development.

For Antara, Roleda said 90 percent of the 158 condominium units in the first tower has been sold. The five-tower development is expected for completion in five to eight years. While it positions itself as a premium development, unit prices are more affordable than the rest of its peers, the official said. A 24-square-meter unit at Antara is priced at P1.7 million.

Lopez said Nexus will continue to release more projects to the market, and even plans to expand to Luzon in the next years.

The company also dismisses any property bubble in Cebu. “If you build, sell, and leave, then you’ll be afraid of the housing bubble,” said Lopez.

Developers who do differentiate their projects from the rest, she said, should not worry of an asset bubble occurring.

From: http://www.sunstar.com.ph/cebu/business/2016/06/29/nexus-real-estate-corp-forms-subsidiaries-distinguish-different-market

Launched last January 28, 2016, Antara is now ready to embrace property buyers and investors who want to have the most of their money or have more than just that.

Masterplanned and designed by NEXUS Real Estate Corporation, Antara is the corporation’s flagship project. It sits on a 2.9 hectare property situated on the rolling hills of Lawaan III in Talisay City.

The entire development will feature five mid-rise residential condominiums ranging from 8 to 12 levels with bigger-than-average unit sizes per floor.

Each unit will have its own private balcony allowing owners to gaze on panoramic views of the twin cities of Talisay and Cebu and the Bohol Strait. It will also incorporate a first-of-a-kind adventure park that is about one-third of the entire property.

Antara, however is already a newly-carried brand. From its former name, Amandari, the project was renamed since the name was not totally reflective of its unique elements as it was restrictive to its resident units only. After a series of strategic meetings with board members and senior managers, it was decided to re-brand the project from Amandari to ANTARA, Ms. Shanna Louise T. Lopez mentioned.

“Residential. Recreational. Possibilities,” — that has been Antara’s new tagline in which the first two words basically describe the project’s main components, residential and recreational. The last word, “possibilities”, however “sums up how buyers/investors/guests would like to appreciate their entry into the project. They can be a straight out unit owner, a rental unit owner, a lifestyle hub member, a property speculator, and a lot more,” Ms. Lopez mentioned.

Basically, Antara “leaves it up to the clients’ imagination on how to treat their investment” she added.
“Antara” is an Indonesian phrase which means “in between”. According to Ms. Lopez, the name Antara is more reflective of the multi-dimensional feature of the project.

“We felt that taken together as a whole, our project is the perfect ‘in-between’. It is a real estate unit cum investment instrument cum vacation getaway cum lifestyle hub. What we basically did was to position the project ‘in-between’ so many industries – property development, property leasing, hospitality, leisure lifestyle, investment portfolios, etc. and reflected the familiar elements of these industries to come up with a very unique project proposition,” she explained further.

From: http://metrocebu.com.ph/2016/03/antara-launched-and-rebranded/

From: Sun stars ad

Antara – a project by Nexus Real Estate

From: Cebu Daily News print ad

CEBU, Philippines – Property developer Nexus Real Estate Corporation is spending at least a billion pesos to accelerate the completion of its first integrated development project called Antara located in Talisay City.

The company’s chief executive officer Shanna Louise T. Lopez announced that the 2.9 hectare development, positioned as eco-conscious mixed-use enclave, will provide a little over a thousand condominium units for Cebu in the next couple of years.

The five-tower masterplan has recently been re-branded to suit the changing atmosphere in the southern sphere of Cebu with the fast development of the South Road Properties and other pocket economic developments sprouting within the area.

Previously named as Amandari, the company changed its brand to Antara to fit its Balinese themed environment, as well as incorporating living, recreation and anything in between within the development.

“Antara is an Indonesian phrase which means ‘in-between.’ This is more reflective of the multi-dimensional feature of the project,” said Lopez in a press conference.

The entire development will feature five mid-rise condominiums, ranging from eight to 12 floors. About 70 percent of the total number of units will be designed for residential dwellers, the rest are for SOHO (small-office-home-office) buyers

The development will also have hotel and BPO office facilities, she added.

The Antara Adventure Park, which is projected to be the project’s major come-on will be an urban adventurer’s dream, she said adding that the park will feature a zipline, a 1.5 km hiking/jogging trail, hanging bridge, outdoor paintball arena, wall climbing facilities, mini-golf course, kiddie playground and a host of other amenities.

Aside from Antara, Nexus has several residential projects within Metro Cebu, Lopez said the company is looking at expanding its project portfolio for residential and commercial developments in the next couple of years. (FREEMAN)

http://www.philstar.com/cebu-business/2016/01/30/1547872/property-developer-re-brands-accelerates-project-completion