SFIO announces $50-M eco-luxury community project NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Last month, global asset management company Starfleet Innotech, Inc. (OTC: SFIO) closed off 2021 by signing a joint venture with Filipino partners to build a world-class eco-luxury, health and wellness community on their bayside property in globally-renowned Philippine destination Puerto Princesa, Palawan.
The project will be owned and developed by SFIO Leisure and Development, Inc., a joint venture stock corporation, and will see eight hectares of beachfront land transformed into an exclusive, holistic lifestyle community hidden amongst Palawan’s iconic mangrove glades and situated less than half an hour from the Puerto Princesa Subterranean River, one of the official New Seven Wonders of Nature.
The seaside community will feature a beachfront resort, as well as condominiums and a residential subdivision for longer-term residents looking to embrace Palawan’s luxurious lifestyle and relocate to its idyllic isles.
With stunning views of Ulugan Bay and resting upon some of the nation’s most fertile soils, the resort will offer a lush, nourishing environment for both short and long-term visitors and long-term residents to reconnect with nature. The resort’s tropical design evokes the nostalgic warmth of Filipino hospitality, featuring the nation’s iconic pitched roofs, woven textures, and natural shade elements. These initial design and feasibility studies are already underway, with development scheduled to kick off within the year.
Visitors and residents alike will enjoy resort amenities across the development’s condotels, private villas, natural springs, chapel and meditation garden, spa and wellness centers, glamping sites, forest trails, and of course, walking access to Palawan’s iconic white sand beaches and crystal clear waters. With a focus on nurturing wellbeing, the resort will also offer productivity features for remote workers looking for the perfect blend of modern accessibility and natural living.
SFIO’s announcement comes on the heels of a series of joint ventures with Philippines-based partners to develop world-class resorts and townships across the country. With their latest venture, SFIO brings its global expertise in real estate development to a global destination in island leisure.
https://www.globenewswire.com/news-release/2022/01/05/2361789/0/en/SFIO-announces-50-M-eco-luxury-community-project-in-world-renowned-Puerto-Princesa-Palawan.html