We went on a 100 km trip to municipality in Calabarzon with a population of 130k. There are tree similar establishments in the said municipality with 1/3 of their inventories still unsold. it is 20 km to nearby major city.
When we arrived at the site, I was dismayed: the property is some 1.2 km from Maharlika highway. The Right of Way was narrow. The proponent said it is near existing govt and religious establishment. Getting a passage would look like a challenge. There is a big option to buy a right of way but it is opposite a big housing project
We went to the religious and govt establishment and soon I began to get a clearer picture of the opportunity.
We will not position the project as a high end project but something for the masses. And the prices will be competitive. We will have 4 types of products and the passage through the two established businesses will not be a first priority but as an added +
We will secure the following data/approval;
1. Endorsement from the barangay;
2. Right of way from the 1 hectare property near housing project;
3. Pricing data
If you think like you are in prison and you have to find out how to escape, and how to free yourself from a prison term, then you can find creative ways to solve a problem.
I think the land owner was happy. Since he was a contractor, he can opt to be the land owner and developer himself, with us just giving him guidance and management of the project.
