The Familia Apartments at Bamboo Lane, developed by Pueblo de Oro Development Corporation, has won the Special-Purpose Development of the Year – Philippines in the Development Awards category of the recently concluded Real Estate Asia (REA) Awards 2021.
Presented by Real Estate Asia magazine, the award recognizes the most innovative real estate developments in Asia Pacific that stand out in the market regardless of a challenging environment.
Strategically located at the Pueblo de Oro Township in Upper Carmen, Cagayan de Oro, Familia Apartments at Bamboo Lane (FABL) is an apartment-style condominium complex composed of four mid-rise buildings.
A take-off from the best-selling Familia Apartment brand line, it is a vertical, socialized housing development in Northern Mindanao conceptualized to embody achievement, inclusivity, and modernization.
Located along San Agustin Avenue, FABL is near SM City CDO as well as top schools such as Xavier University and Corpus Christi. FABL is an apartment-style condominium complex consisting of consisting of four (4) four-storey structures. Like its successful predecessor, Familia Apartments, FABL offers affordable yet quality housing for families and young professionals.
Being a first of its kind, the project makes a valuable contribution by addressing the housing backlog for the common Filipino. The housing development has attained commercial success while addressing the needs of young families and professionals for quality development that is conveniently located near public transportation and modern conveniences.
Through this undertaking, Pueblo de Oro was able to efficiently carve out a prime piece of land in its township development to serve and help improve quality of life of low-income earners.
“At Pueblo de Oro, we aim to achieve inclusivity in the developments that we undertake. It is in this spirit that we wish to enhance the well-being of individuals from all walks of life through the housing projects that we do,” the company said in a statement.
“Pueblo de Oro continually addresses the modern-day demands of homebuyers as shown through the Familia Apartments series. It takes pride in ensuring that accessibility and quality are not compromised. The location, aesthetics and amenities of Familia Apartments reflect quality despite being in the socialized housing segment,” they added.
The Familia Apartments at Bamboo Lane was warmly received by the market as evidenced by the high sales velocity exhibited by the project. This allowed Pueblo de Oro to place Top 5 in Sales Takeout for Mindanao as awarded by the Home Development Mutual Fund in their STAR Awards 2020, despite the pandemic.
Presented by Real Estate Asia magazine, the award recognizes the most innovative real estate developments in Asia Pacific that stand out in the market regardless of a challenging environment.
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