The project will be owned and developed by SFIO
The seaside community will feature a beachfront resort, as well as condominiums and a residential subdivision for longer-term residents looking to embrace Palawan’s luxurious lifestyle and relocate to its idyllic isles.
With stunning views of
Visitors and residents alike will enjoy resort amenities across the development’s condotels, private villas, natural springs, chapel and meditation garden, spa and wellness centers, glamping sites, forest trails, and of course, walking access to Palawan’s iconic white sand beaches and crystal clear waters. With a focus on nurturing wellbeing, the resort will also offer productivity features for remote workers looking for the perfect blend of modern accessibility and natural living.
SFIO’s announcement comes on the heels of a series of joint ventures with
Palawan consistently places among the world’s top islands, coming in first on Travel+Leisure’s definitive global ranking multiple years in a row. Based on Collier’s 2021
Not long after, the Philippines’ hotel industry—led by island beach destinations like Palawan—is forecasted to surpass even pre-pandemic revenues as early as 2023. According to latest data from Statista, the industry is expected to reach an all-time revenue high of
Timed to debut amidst this renewed renaissance for Palawan, SFIO’s latest development in
SFIO’s joint ventures in real estate play a crucial role in the global asset management company's strategy of collaborative innovation towards building better communities. Work is already underway at SFIO’s recently established Technology Division on a suite of state-of-the-art, smart-building technologies designed to ensure the long-term, holistic wellbeing of communities. The team has also designed a proprietary project management platform tailored for their real estate projects. With this system, SFIO's partners and global network of licensed realtors are able to easily access information and seamlessly collaborate with project proponents, expediting the selling process across SFIO's real estate portfolio.
These technologies are expected to set new gold-standards for real estate management and community health systems across resorts and townships.
According to SFIO, the company is in talks with a number of investment banks to enter debt financing deals that would fund these projects while preserving shareholder value. Profits from these high-yield projects are intended to be reinvested into future growth, helping carry the group towards their plans to uplist from the US OTC Markets to the NASDAQ by 2024.
For media enquiries, please contact:
Craymond Yeong, PR & Marketing Specialist
Epiphany Café
Phone: (+64) 21 0833 2966
Email: info@sfio.co.nz
About Starfleet Innotech, Inc.
Source:
2022 GlobeNewswire, Inc., source