Bayview Heights by ALVEO Land Corp. | CDO Pre-selling Lots

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Todays project in focus video is on Bay view Heights - Alveo’s first project in CDO. It’s located in Brgy Tablon, Cagayan de Oro City, about a 30 min drive to Limketkai Mall and Capital University Medical Center. This is a 113 hectare, mixed use development with lot cuts starting at 350 sqm. 54% will be allocated for open space. There will be 2 access roads to the subd, one along Tablon Highway and another along JR Borja Extension road. The challenge of Gusa-Tablon area is that traffic can get really bad during rush hour. So it’s a good thing the govnt is building another road at the back-along JR Borja Extension- as the home owners can use this as an alternative to the national highway. The project launched in 2021 and they sold about 50 lots during launching. Launch price was at 29-31K/sqm which is currently a little above the market value of the lots in CDO. The lots located in high-end subdivision in Cagayan are at the 17-20K/sqm range. So launching at 30K/sqm meant they wouldn’t be able to move inventory fast. But that’s Alveo. I noticed their focus is more on generating consistent sales rather than fast sales velocity.
Alex Zeta
Real Estate Broker, Consultant and Content Creator
Brokers Lic no 0007755
Hi, I’m Alex, a Real Estate Broker based in Cagayan de Oro City. I started in this industry in 2011 because I love 2 things- real estate and meeting and helping people. Being a broker allows me to do both. I hope you allow me to add value to you as well. I hope you check out the daily videos I post, subscribe and share your thoughts so we can all learn from each other. I love reading comments from you so please take a second to say “Hi”:)
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