Written by Amy R. Remo
The great Filipino architect of artful landscapes and sophisticated themed communities finds even more reason to build beautiful and build better.
While Vista Land & Lifescapes Inc. has a long history of creating carefully planned spaces that enhance the quality of life for its residents, it is now driven by new momentum – to meet a market whose needs and preferences continue to evolve at light of a competitive landscape and lessons learned over the past two years during the pandemic.
Raise the stakes
So today, Vista Land seeks to create even better, more sustainable communities that can provide the right opportunities for its residents, cultivate their passions, encourage healthier lifestyles, and fuel growth and progress in their localities. He is currently finding and deploying innovative ways to ensure residents and guests can safely live, work, shop and enjoy in beautiful, resilient communities that can further improve lives for the better.
Its five wholly-owned subsidiaries – Brittany Corp., Crown Asia Properties Inc., Vista Residences Inc., Camella Homes Inc. and Communities Philippines Inc. – work hard to create masterpieces that have their own appeal and that will meet to the needs of Filipino families well beyond this health and economic crisis.
Even its mall and office development arm, Vistamalls Inc., in which the company has an 88.34% stake, is aggressively upping the ante at its 31 malls, 69 malls and seven offices.
As it stands, Vista Land already has a strong presence in key locations, having brought its expertise and branded lifestyle to 147 cities and towns in 49 provinces. The nation’s largest homebuilder, which also has the widest geographic presence and an equally diverse portfolio, is undoubtedly eager to do more.
For this year alone, Vista Land has initially allocated 27 billion pesos for capital expenditure, most of which will be for building projects, ensuring the rapid turnover of homes and units for buyers and investors. The rest will be used for development and land acquisition.
The company is also set to launch more upscale, vertical and retail developments in select locations, and has now identified over 60 Vista Estates projects to date.
Through Vista Estates, the company is building “cities within cities” that reflect the urban ideals and cosmopolitan lifestyles that many Filipinos aspire to. These estates offer the luxury of living in a planned community that has shopping malls, schools, recreation facilities, offices, and everything a modern metropolis has to offer. Its proximity to other neighborhoods and infrastructure projects further creates that vibrant, self-sustaining community that will allow you to thrive.
Substantial evidence of the warm reception of Filipinos to these efforts by Vista Land is the performance of the publicly traded company in the first quarter, which showed growth in booking sales and sustained margin improvement. At the end of March this year, Vista Land’s unaudited net income reached 2.36 billion pesos, up 13% from a year ago.
There is no doubt that Vista Land has experienced tremendous growth over the past four decades, with its strong brands becoming market leaders – absolute benchmarks – in their respective categories.
Brittany is the luxury residential branch that has high-end leisure projects in some of the country’s most desirable lifestyle destinations, while Crown Asia is the high-end residential branch known for creating themed communities inspired by the timeless elegance and sophistication of some of the most beautiful cities. in the world.
Since its inception in 1977, Camella has grown from standardized housing to large-scale communities geared towards the middle market segment nationwide. Communities Philippines, on the other hand, was born in 1983 to offer low-cost residential properties outside the Mega Manila region, while Vista Residences in 2009 became the company’s brand for medium and great height, which are offered in the vertical villages of Camella.
What makes these brands emerge as market leaders is the fact that they not only provide homes and condominium units, but also offer fresh, vibrant and vibrant communities that contribute to ensure a better way of life.
At the same time, every Vista Group development adheres to the environmental, social and governance objectives that ensure its long-term viability – decent work and economic growth; industry, innovation and infrastructure; and sustainable cities and communities.
In particular, Vista Land is helping to curb the growing housing backlog through continued residential development across all market segments, providing them with communities that integrate housing, commercial space, and access to green spaces and open. It also ensures uninterrupted power and water supply, traffic, internet connectivity as well as proximity to transportation services and other infrastructure projects.
Most notably, Vista Land also provides employment opportunities to the communities where the company operates, helping to stimulate economic activities in the region.
Indeed, there is so much more to these artful landscapes and beautifully themed communities than meets the eye. Vista Land is a powerful pioneer, innovator and economic engine that delivers nothing less than safety, convenience, well-being and resilience in every community it builds.
To learn more, visit www.vistaland.com.ph