The Davao Global Township (DGT) officially broke ground last November 23, 2018 at the site of the former Davao Golf Club in Matina, Davao City is being developed on a 22-hectare area that used to be a golf course.
This momentous event was graced by City Mayor Sara Duterte-Carpio and Vice Mayor Bernie Al-ag.
Also present in the event is the President & CEO of Cebu LandMasters Mr. Jose R. Soberano 111, the land owner, city leaders such as city councilors and others...
THE MAKING OF DGT
Let's hear from the main men behind the Best Township Development in Asia for 2021 - Davao Global Township, the Address of Amazing.
Catch YHEST President Fred Yuson, CLI Chairman and CEO Jose Soberano III, and CLI EVP and COO Franco Soberano as they talk about what the future holds for the Davao Global Township – the Address of Amazing.
Initial Reservation Requirements for costumer number assignment will start on March 3, 2022
Cebu Landmasters Inc. together with its Davao partners under the joint venture of YHEST Realty and Development Corp introduce to you, Davao Global Township; a 22 hectare Central Business District that will soon rise in Matina, Davao City!
COMING SOON, For your details and other informations you may get in touch with us :
RAUL G. ANUADA - Broker
mobile phone no.
(082)225 1741 PLDT
Email: [email protected]
Davao Global Township (DGT) is envisioned to transform the Davao Golf Club into an iconic business district and the address of amazing.
Phase 1, set for completion in 2022, is estimated to cost P10 billion with an extensive 93,000 square meters of gross floor area. It will include a corporate center, two premier residential towers, a retail strip with cineplex, outdoor retail spaces, and a civic center.
DGT is the first township development of Cebu Landmasters in partnership with Davao’s Villa-Abrille clan under the joint venture YHEST Realty and Development Corporation.
The East Village
Phase 1 Components
Chelsea Tower 1
Typical Studio Unit Layout
Typical 1 BR Unit Layout
Two Premier residential towers designed to suit the most meticulous tastes with it’s exemplary architecture, well-planned spaces and panoramic views.
Set on a 6,600 sqm property, the iconic and distinct two towers have more than a thousand exclusive residential units combined.
Standing at a total of 24 floors, the corporate center will hold an array of world-class corporate offices that are crafted to be an address of progress and business growth.
The DGT Gallery is a place designed to be the focal point of the township to commune, celebrate, appreciate culture and arts, and encourage a strong sense of community. The architecture form offers flexible column-less high ceiling and open spaces to bring in a free and vibrant feel.
DGT TOWN STRIP
Redefining leisure with a wide variety of retail spaces offering a unique shopping experience, exquisite dining choices and an ideal location for recreation and wellness.
The DGT Town Strip is composed of a 3-level indoor cineplex mall, an outdoor shopping street, restaurant buildings, event spaces, stand-alone food tenants, and a 1-hectare park of lush greenery. Here you will enjoy leisure like no other, with your choice of the outdoor or indoor shopping experience.
Cebu Landmasters, Inc. (CLI), through its joint venture firm YHEST Realty and Development Corp., is looking at borrowing P2.5 billion for the first phase of its P33-billion Davao Global Township project.
Jose R. Soberano III, CLI president and chief executive officer and YHEST chair, said while the company currently has enough funds for the initial P10 billion needed for phase 1, there have been several loan offers from financial institutions.
“To a certain extent possible, of the P10 billion for the initial phase, maybe 25% of it maybe borrowed,” he said during Friday’s unveiling of the project design.
“There are those (lending institutions) that are knocking on our doors. But since at this stage we have yet to need more funding, we are just doing our internal (funding) generation. We will have enough time (to secure more funding),” Mr. Soberano said.
He added that they are also currently pursuing purchase deals for adjacent properties to expand the project to 30 hectares.
The township, which broke ground in November 2018, is being developed on a 22-hectare area that used to be a golf course.
The first phase, targeted for completion by 2022, covers the construction of a corporate center, two premier residential towers, a retail strip with a cineplex, outdoor retail shops, and a civic center that will be named the DGT Gallery.
Part of the corporate building is being offered to the De La Salle University for a graduate school.
YHEST President Frederick H. Yuson said they are now finalizing the deal with the university.
CLI Chief Operations Officer Jose Franco B. Soberano, meanwhile, said about 40% of the township’s area is envisioned to be open spaces, including a park that will be open to the public.
“It’s a very generous ratio. There will be sidewalk cafés, wonderful views, space for walking and jogging. We will make sure that there will be more trees… It is a former golf course with so much to remember about it from the past,” said Mr. Soberano, son of the CLI president.
“It is a commitment of the company for the people of the city,” he added.
The elder Soberano added that they are exploring the possibility of including a bulk water source component into the project, which they will be discussing with distributor Davao City Water District (DCWD).
“We will not take away the water needed by the city but we will provide more water. We’re not officially talking about this with DCWD but this is something that we want to explore to address the matter of providing water… But all of this will have to follow regulations and we will have to make necessary permits from the National Water Resources Board and the like,” he said.
“This is a real addition to Davao City and this can only happen with all the conviction that we will be putting together in terms of sustainability,” he added.
The Davao Global Township is the third and biggest project of CLI in partnership with YHEST Realty, a group of the Yuson, Huang, Tan and Villa-Abrille families of Davao City.
The other two are the Messa Tierra condominium and the mixed-use The Paragon Davao.
CONSTRUCTION UPDATES OCTOBER 2021
CONSTRUCTION UPDATES ACTUAL PHOTOS
Please let us know how we can help you. Contact us :
Raul G. Anuada - Real Estate Broker
Cell no. 0928 8140331
Tel. no. (082)225-1741
Email: [email protected]