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Rockwell to launch premium beachfront development in Lian, Batangas

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Jessica Fenol, ABS-CBN News

<p>MANILA — Rockwell Land Corp said on Thursday it would launch its first &quot;premium horizontal beach community&quot; in Lian, Batangas spanning about 100 hectares.</p><p>In a virtual annual shareholders&#x27; meeting, Rockwell Chairman Nestor Padilla said it is among the 3 developments that would to be launched this year.</p><p>He said the site has 700 meters of coast line.</p><p>&quot;We hope to provide a new and unique living experience for our core market in a leisure environment just 2 hour away outside Manila,&quot; Padilla said.</p><p>&quot;With our promise of growing the Rockwell touch, we will build more communities this year...We’re set to launch almost 200 hectares of development in 3 different cities,&quot; he added.</p><p>The two other projects are a mixed-use community in Cebu and a horizontal community in Bulacan, Padilla said.</p><p>In 2022, 4 projects in different cities with a record of about P29 billion in project value were launched, he said.</p><p>Rockwell ended 2022 with a net income after tax (NIAT) of P2.3 billion, up 40 percent. Revenues also rose 30 percent to P16.5 billion eclipsing its pre-pandemic level, Padilla shared.</p><p>&quot;We stayed true to our vision of creating communities for our market who continue to put their trust in us with their investments,&quot; he said.</p><p>Rockwell Land and news.abs-cbn.com are part of the Lopez Group of Companies.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/ancx/culture/spotlight/03/14/23/what-to-consider-when-investing-in-real-estate-this-2023">Three important considerations when looking at property to invest in this 2023</a></li>	<li><a href="https://news.abs-cbn.com/business/05/31/23/century-properties-to-acquire-mitsubishi-shares-in-phirst-park-homes">Century Properties to acquire Mitsubishi shares in PHirst Park Homes</a></li>	<li><a href="https://news.abs-cbn.com/business/06/12/23/what-to-consider-when-investing-in-a-condo">What to consider when investing in a condo</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1687947" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Rockwell Land Corp said on Thursday it would launch almost 200 hectares of new developments this year.

Rockwell to launch premium beachfront development in Lian, Batangas

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Rockwell to launch premium beachfront development in Lian, Batangas

Jessica Fenol,

ABS-CBN News

Published June 14, 2023 12:36 PM PHT

|

Updated June 14, 2023 01:05 PM PHT

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Rockwell

Rockwell Land

Lian

Batangas

premium development

real estate

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