Green upscale property developer Arthaland Corp. announced on Thursday plans to focus on three new residential projects in 2025 and postponing new office building development due to continued softness in the leasing market. Christopher Narciso, executive vice president of Arthaland, said the company is adjusting its strategy, putting greater emphasis on residential projects given the uncertain office market outlook.
Arthaland’s upcoming residential projects include middle-income developments in Laguna and Quezon City, as well as a high-end, high-rise building in Makati. However, the company has put on hold further ventures in the ultra-luxury segment. Despite continued growth in this niche market, Narciso said this remains a small base and that developments are usually pursued only when unique opportunities arise.
The company’s partnership with Arch Capital for the ultra-luxury Eluria development in Legazpi Village, Makati, remains on track, with the project expected to be completed six months ahead of schedule by the fourth quarter of 2025. Eluria, a low-density, multi-certified residential condominium, has already seen over half of its units reserved, underscoring its market appeal.
The development is designed for select buyers, offering high-end finishes, top-tier appliances, and personalized butler services. Sustainability is a key feature, with the building pre-certified LEED Gold and registered for WELL, EDGE, and BERDE certifications. These certifications reflect Arthaland’s commitment to eco-friendly and wellness-oriented living, providing residents with a luxurious and sustainable lifestyle.
