The Po family’s upscale green developer Arthaland Corp. continues to launch new projects, particularly in Metro Manila, despite the war in the Middle East, as it sources materials within Asia and locks in costs with suppliers.
In an interview, Arthaland Executive Vice President and Chief Sustainability Officer Oliver Chan said the company is slated to launch at least four residential projects this year, with sales already started for the first three.
“For this year, we’re launching the third tower of the Una in Laguna. Actually, we launched it already earlier this year. And then, in the fourth quarter of this year, will be the first tower of The Estate in Cebu,” he said.
The company has also recently launched the upscale Sondris in Makati City and the first tower of the ₱14.1-billion Liv along Katipunan Avenue in Quezon City last March and April this year, respectively. It plans to launch the second tower of Liv toward the end of 2027.
Even before the war in the Middle East resulted in higher fuel prices, which drove raw material costs higher, Chan said that “last year, we started working on the idea of how we can provide better material finishes to our buyers. And we found out that if we lock in prices and we partner with certain suppliers, we will be able to do it already. So we’ve locked in some prices for three to five years.”
Last year, Arthaland locked in INAX toilet fixtures from Japan for Liv, and earlier this year, it locked in higher-end bathroom fixtures from Grohe for Sondris.
For the rising costs of steel and cement, Chan said the firm has enough buffer in its prices to handle these.
He noted that although steel and cement are major components of construction, there are many other major components as well, including finishing.
“This is why we focused on that part. Because on that part, you’re talking to suppliers who already have supplies in their warehouses, who already get supplies from within Asia. If you notice, we got INAX because it’s from Japan, it’s from Asia. And so we were able to lock that in already,” he said.
Meanwhile, Chan said Sondris is enjoying brisk sales, with first-quarter reservation sales already worth ₱1.8 billion. The appeal of this project is that it is a short walk away from Greenbelt mall, which is currently being spruced up.
For Liv North in front of Ateneo de Manila University (ADMU), Arthaland has already sold over half of the 700 units in the first tower. The second tower is slated for launch next year but will only have 300 units for sale.
The mixed-use, two-tower residential development along Katipunan is aimed at more affluent parents and students, young families, and professionals.
“Liv is a community shaped by the same foresight families embrace when building for future generations. By uniting purposeful design, accountability, and opportunity, Liv reflects Arthaland’s enduring vision of building sustainable legacies,” said Arthaland Vice Chairman and President Jaime C. González.
The 46-story Liv North has already started construction and is scheduled for completion in the third quarter of 2031.