$50m development project to offer luxury housing
DEMAND for quality homes continues to grow as the real estate market in the Capital City experiences growth. In this regard a $50 million property development project aims to offer luxury living standards. Pacific Building Solutions yesterday introduced its newest project — Nasese’s latest gated estate — Nasese Waters. A statement from the company said a collection of 76 home sites, the development would set a new benchmark for luxury living in one of Suva’s premier suburbs. It said within close proximity to Suva’s central business district, the oceanfront and surrounded by tranquil water, Nasese Waters was the first luxury, gated estate in Suva. According to the statement stage one with 35 lots has just been released and already there are only a few lots left for sale. The lots vary in size and cost from $750,000 to $1.25m.
The innovative property development project will give the investors access to state-of-the-art security, superb landscaping as they cross the bridge and travel past the resort style resident’s club, resort pool and waterfront family picnic areas. The estate features brand new underground services, paved and landscaped streets and large ready to build homesites awaiting your new luxury designer home. The company believes that the increase in real estate prices in Suva had invited investors and developers back to the Suva market in droves. It said with an international influence and sophisticated architecture, some of the latest real estate developments were beginning to redefine Suva’s streetscape and set new benchmarks for luxury living standards. Meanwhile leading the successful charge of the marketing campaign for Suva’s luxury gated community in Nasese Waters is well renowned veteran leader in the business, Phillip Toogood of Bayleys Real Estate.
Source: PBS/Fiji Times 26 May, 2018