Golden Haven sees surge in value of memorial lots

INVESTING in memorial lots can provide high returns in the future, according to Golden Haven, Inc.

“As with any piece of real estate, memorial lots at Golden Haven increase in value over time. With an annual appreciation of 20%, investing in Golden Haven lots now will grant you high returns in the immediate future,” the Villar-led company said in a statement.

When its 15-hectare memorial park in Las Piñas opened in 1984, Golden Haven said a memorial lot cost just P5,000. Now, a memorial lot in the same park costs P378,000.

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Golden Haven Cebu opened in 2005 with a memorial lot going for P25,000. Now, a lot at Golden Haven Cebu costs P232,000, “an increase of over 828% in value or a 46% increase per annum,” the company said.

Golden Haven Memorial Park in Cagayan de Oro offered lots for only P33,000 when it opened in 2007, and now it costs P89,000.

Golden Haven, a subsidiary of listed Golden Bria Holdings, Inc., currently has 30 sites around the country.

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Article and Photo originally posted by Business World last October 20, 2020, 12.02am.

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