New developer moves in on ‘new wave’ areas
A four-year-old mid-market property developer, Elanvital Enclaves, is planning to invest in the Cavite, Laguna, Batangas, Rizal and Quezon (Calabarzon) areas, which are among the new wave areas for the business process outsourcing (BPO) industry. Elanvital Enclaves, which targets the middle-income market, especially the overseas Filipino workers and employees of the booming BPO sector, will focused on developing projects in those areas. However, Elanvital CEO Jacinto Ng Jr. said they are not closing their doors to developing projects in other regions outside Metro Manila, but in terms of levels of priority, there will always be a partiality to the Calabarzon area, Ng stressed.