Rising numbers: 32 SANSON DELIVERS IN CEBU’S HIGH-END MARKET

A high-end residential community nestled in a sprawling 3.2 hectares in Lahug, Cebu City, it’s the perfect escape from the bustle, with its 70 percent open space, two swimming pools, a multipurpose court, a lawn and children’s play area, a gym, clubhouse and function rooms allowing an active yet laidback lifestyle at a snap any time of day. Four years after Rockwell launched this masterplanned community, residents in its first two towers, Raffia and Gmelina, are now soaking up the functional and serene lifestyle it offers. But it’s not only the residents who are enjoying the benefits of this sprawling residential development. After the sale, Rockwell’s residential leasing team ensures that its investors who choose to lease out their units see positive yields. Katrina Kho, 32 Sanson head of sales and leasing, said 90 percent of the units for lease in the first two towers are already occupied. This is double the 45 percent average take up rate of units for lease in Cebu’s high-end market. “Among the units for lease, 86 percent were leased through Rockwell’s Leasing Team as part of our after-sales services,” Kho said. The numbers continue to rise as Rockwell continues to deliver on its promise of an exclusive and elevated lifestyle for its community. This year, aside from the renewal of long-term leases, which are leases of six months or longer, there has been a conversion of short-term leases to longterm leases, so that the latter now make up 79 percent of the leased units, Kho noted. This jump in conversions can be attributed to the consistency of Rockwell’s brand of lifestyle, community experience, and excellence of the Property Management Office as an after sales service, which lessors themselves enjoy.” Kho also revealed that 32 Sanson’s market yield of seven percent is higher than the 6.5 percent yield in the general real estate industry in Cebu. Best of all, it’s a premium lifestyle and opportunity that can still be tapped. The third and fourth towers, Buri and Solihiya, at eight residential floors each, are set for completion in the first half of 2019 and end2020, respectively, their units providing options from studio units at 33-35 square meters to fourbedroom units from 230246 square meters.