BACOLOD City – Property giant Megaworld Corp. has started the turnover of lots to property owners in the Forbes Hill, its first luxury village venture outside Metro Manila situated at the boundary of the cities of Bacolod and Talisay in Negros Occidental.
During a media tour Thursday, Harold Geronimo, Megaworld senior assistant vice president and head of public relations and media affairs; and Rachelle Peñaflorida, Megaworld Bacolod vice president for sales and marketing, announced the completion of the land development in the 15-hectare premier residential project.
“Once we turn over the lots to them, they can start building their homes. Most of the prime lots are gone,” Peñaflorida said.
The completion of the land development includes the clubhouse, sitting on an almost one-hectare land, and the giant fountain and garden in front of the entrance.
“We are very excited to finally complete this phase of the project and welcome the future residents of Forbes Hill here. We take pride in offering opulence and exclusivity to our elite circle of residents from this wonderful province,” Peñaflorida said.
She added that they will build two model houses this month that will serve as pegs to the modern contemporary theme set for homes to be built in the exclusive community.
Geronimo said the village only has 197 available residential lots, which costs between P20,000 and P22,000 per square meter, and each lot ranges from 449 square meters to 861 square meters.
“It will have underground cabling system for power and utility lines. Residents of the Forbes Hill will also be treated to unobstructed views of the mountain ranges in Negros,” he added.
Forbes Hill is part of the 53-hectare Northill Gateway located along the Bacolod-Silay Airport Access Road.
The Northill Town Center, an expansive commercial retail development by Megaworld Lifestyle Malls, will also rise just a short distance away from Forbes Hill.
The Bacolod Welcome Park, unveiled last November, is also connected to the Northill Town Center.
“Within the next three years, you will see this new lifestyle district rising in this side of Bacolod, a perfect stopover especially to tourists and visitors coming to and from the airport,” Peñaflorida said.
Megaworld Corp. is investing at least PHP35 billion for its two township development projects, spanning 87 hectares, in Negros Occidental.
Aside from the Northill Gateway, it is also developing the 34-hectare Upper East township project in Bacolod. (PNA)
