Professional Documents
Culture Documents
- 6 hectares
- Hotels, convention center, condominiums, mall, university
- Live – work – play environment for Panacan project
: UA & P
DAVAO CITY
- Among the five largest centers in the country and expected to absorb substantial
growth
- Mindanao’s economic and administrative core
- As the hub for educational pursuit, it is envisioned to become the Educational
Center for Mindanao
- Center for excellence in health facilities
- Region’s primary industrial, financial and international trading center
- Priming itself into becoming a Southeast Asia and Pacific logistics hub of
Mindanao
- Davao real estate market is driven by:
1. rapid urbanization
2. growing population
3. lower rentals as compared to Metro Manila
4. increasing construction activities
5. improvement in infrastructure
6. increasing employment by the BPO sector
7. disposable income
8. surging OFW remittances
9. growing real estate investments.
STRENGTHS
- Numerous natural and cultural attractions
- Real estate opportunities due to its proximity to major transportation nodes
such as the airport, ferry and major thoroughfares
- Prime location for business
- Attractive real estate market due to rising incomes among urban dwellers
WEAKNESSES
-Travel from Luzon to the region is expensive
OPPORTUNITIES
HOSPITALITY
- Lack of hospitality facilities, amid a strong tourist arrival in Davao City
- Need of more function areas for convention and exhibition centers
- Only one five star hotel in the city; high demand and low supply of
accommodation with a steady average occupancy rate of 94 – 95%
annually
RESIDENTIAL
- Increase in Overseas Filipino Workers (OFW) arrivals in Davao City has
supported the increase in condominium property uptake, with an
occupancy rate of 83%
- Selling price increase from PHP 60 000 – PHP 80000 to PHP 100 000
- Prevailing housing gap in the city
CONVENTION CENTER
- lack of MICE facilities
THREATS
- Rising competition with other developers such as SM, CLI, Megaworld with
similar ventures in Davao City.
- High level of pollution
USER ANALYSIS
- Need for healthcare services are increasing due to population growth. Bed to
population ratio is slightly worsening. Standard ration for hospital bed to
population stands at 1 hospital bed to 1000 population.
- the Tourism Industry is among the seventeen (17) priority industry clusters of
the Region.
6. Within close proximity to where people can work, enjoy recreational activities, go
through retail spaces which enforces ROI, and central to educational and healthcare
facilities.
8. Living spaces are more environmentally friendly to reduce carbon footprint and
emission.
11. Experience is at the heart of the proposition, wherein new trends and techniques
redefine the contour of this experience.
13. Upscale hospitality components: hotels that offer an exclusive resort feel
INTEGRATED DEVELOPMENT
Freiburg is a German city in southwest Germany’s Black Forest area whose city
planning department created a compact community where people live close
together. Freiburg’s main goal was to create a green city that balances working
and living areas which are integrated with green spaces and neighborhood centers
for social interaction, cultural events and other related activities.