Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.
The May 16 launch of the mixed-use development in Sto. Tomas, Batangas marks IDC’s first major venture in Luzon and a key milestone in its nationwide expansion plans.
Located at the foot of Mt. Makiling, Miramonti Green Residences has emerged as one of the most prominent residential developments in Sto. Tomas, a city benefiting from rapid industrialization, expanding PEZA-accredited zones, and a workforce exceeding 100,000 employees.
IDC executives said the project’s strong market reception reinforces the company’s long-standing first-mover strategy—identifying high-growth locations before they attract larger developers.
The approach previously delivered strong results in Cagayan de Oro, where IDC established an early foothold in the local property market.
“Our first development in Luzon marks an important milestone for IDC,” Chairman Jojo Leviste said, citing robust demand and strong support from investors, brokers, and business partners.
The nearly sold-out project comprises about 330 residential units and combines residential, commercial, and lifestyle components in a single integrated development.
Miramonti has also garnered international recognition, winning the “Best Mixed-Use Building in the Philippines” at the International Property Awards. It likewise earned EDGE green certification for sustainability features that include rainwater harvesting, water recycling systems, natural ventilation, and biophilic design elements aimed at lowering utility costs and improving living conditions.
The development offers resort-style amenities such as swimming pools, fitness facilities, lounges, and landscaped open spaces, reflecting growing demand for wellness-oriented communities outside Metro Manila.
The success of Miramonti Green Residences signals more than strong sales for IDC. It highlights the increasing attractiveness of provincial real estate markets driven by industrial expansion, infrastructure investments, and decentralization trends—factors that are reshaping the country’s property landscape and opening new growth opportunities beyond the capital.
