CONDO | THE RESIDENCES @ AZUELA COVE LANANG, D.C.

The Residences at Azuela Cove in Lanang, Davao City, is a high-end luxury condominium development by Ayala Land Premier, with units generally ranging in price from ₱33 million to over ₱100 million per unit, depending on size and unit type. 

Price Range and Unit Details (as of 2024-2025):

• 3-Bedroom Units: Ranging from ₱38.9 million to over ₱50 million.
• Luxury & Special Units: 3-Bedroom Corner Suites and Horizon Suites are listed between ₱42 million and ₱54 million.
• Penthouse/Large Units: 4-bedroom units or large, exclusive suites can exceed ₱100 million to ₱190 million.
• Price per Square Meter: Approximately ₱230,000 per sqm.
• Sizes: Unit sizes range from 167 sqm to 338 sqm. 

The project features a very low-density layout, with only 70 units in the 21-story North Tower and 77 in the South Tower. 

Note: 

Prices are based on market listings from 2024–2025 and may change due to market demand or unit availability. 

EXPANDED 4PH HOUSING LOAN PROGRAM

Pag-ibig Housing Loan Releases Rise to ₱140.54B in 2025

The Pag-ibig Fund reported that its housing loan disbursements reached ₱140.54 billion in 2025, marking an 8 percent increase from the ₱129.73 billion released in 2024. The higher releases enabled 90,727 Filipino workers to purchase homes or finance residential construction, renovation, and improvement.

Officials said the growth reflects continued implementation of the Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH), which aims to broaden access to affordable housing nationwide. The agency was earlier recognized by President Ferdinand R. Marcos Jr. for its contribution to advancing the government’s housing agenda.

Pag-ibig Fund Chair and Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling said the improved performance supports the President’s directive to accelerate affordable housing delivery, particularly for low- and middle-income earners.

Of the total releases, ₱7.63 billion financed 7,056 socialized housing units under a subsidized 3 percent interest rate, while ₱6.2 billion covered 4,811 units through a 4.5 percent promotional rate for loans of up to ₱1.8 million.

Pag-ibig Fund Chief Executive Officer Marilene C. Acosta emphasized that the agency remains committed to keeping homeownership affordable for members in the Philippines and overseas, while continuing to roll out loan programs tailored to varying housing needs.