Robinsons Land Corporation, one of the country’s leading property developers, has renewed its partnership with real estate platform Lamudi as industry now has a more positive outlook amid the return of normalcy.
According to RLC Residences Senior Vice President and Business Unit General Manager John Richard Sotelo, Woodsville Crest and Amisa Private Residences are just some of the RLC projects that will be highlighted under the Lamudi-RLC partnership.
While thanking RLC Residences for their trust, Lamudi Co-Founder and CEO Kian Moini underscored the signs of recovery and normalcy that have been more evident in the past weeks.
“We hear from developers that numbers are picking up very aggressively. People are going to viewings. People are transacting. We want to be at the forefront of bringing the industry together. We’ll be launching in-person events again that we can celebrate with RLC, with the industry,” he added.
RLC Residences Director, Head of Marketing and Chief Integration Officer Karen Cesario noted that, “the contract signing is a renewal of commitment, a testament to how much Lamudi and RLC Residences want to move forward together with all the innovations in tow.”
She noted the beginnings of the partnership last year, saying, “It’s critical for us to do something disruptive. We are so thankful that [Lamudi] rose to the challenge and gave us more than what we could actually ask for. It’s not just the initiative. It’s actually the relationship.”
Lamudi CEO Kenneth Stern noted that the demand for condominium projects has increased by 20 percent since the government eased restrictions in February.
He added that one of RLC’s condo developments is capturing the market’s attention, as it’s in a promising real estate hotspot.
“The Magnolia Residences in Quezon City is doing very well because QC has historically been our most viewed and most transacted area. It continues to be that way even through Q1 this year,” he said.
Stern projects that the strong property appetite can contribute to economic recovery, saying, “Overall, the pent-up demand has been somewhat released, but I do think that over the next quarter and even the second half of the year, we’ll see pent-up demand further drive the economy with a stable industry like real estate.”
Harnessing market opportunities and expanding their property portfolio, RLC Residences ventured outside Metro Manila for a groundbreaking project, Sierra Valley Gardens located in Cainta, Rizal.
According to RLC Residences Business Development and Design Head Stephanie Anne Go, the company will continue venturing outside Metro Manila post-pandemic, following the growing preference of the market for open spaces.
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The article was originally published in Manila Bulletin and written by James A. Loyola.
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