The Taft Property Venture Development Corp. (TPVDC) is targeting to build by next year 2,000 residential units priced at P2 million to P3.5 million each that will cater to the middle-end to low-end market in Cebu, a company official said.
TPVDC chief operating officer Manuel Colayco Jr. told the Sun.Star Cebu newspaper that the market segment they are targeting “is the biggest market in Cebu.” He said they are targeting young professionals, middle-market employees and new families.
Taft Property is a Cebu-based real estate developer that is supported by Vicsal Development Corp. of the Gaisano family.