Torre Lorenzo launches its newest premium residence, Crown Residences at Tierra Davao

By BusinessWorld
March 31, 2023

Torre Lorenzo Development Corporation (TLDC), the developer behind Davao City’s first 5-star residential development Dusit Thani Residence Davao, dusitD2 Davao hotel, and Davao de Oro’s Dusit Thani Lubi Plantation Resort, officially launches Crown Residences–its newest residential development in Davao City. The announcement was made during the groundbreaking ceremony held for its showroom set to be opened by the end of the year.

Located in its integrated-use development Tierra Davao, Crown Residences is thoughtfully-master-planned to be in the same vicinity as dusitD2 Davao hotel and Dusit Thani Residence Davao, which is a mere minutes’ drive to the airport, and commercial and business districts.

“We’re in Davao for the long haul. The Davao region is seen to be one of the top-performing economies in the country, so it’s a very attractive investment destination for industrial, residential, hospitality and leisure industries,” says TLDC CEO Tomas Lorenzo. “We hope to cater to the growing property demand here and elevate lifestyles as we bring Torre Lorenzo’s signature quality residences in Davao.”

The 21-storey premium residence is a low-density development with a total of 322 units consisting of studio, 1-bedroom and 2-bedroom units. Typical floors will have only 19 units per floor ensuring privacy while penthouse floor has 10 units. Each unit has a private balcony with a view of the Davao Gulf.

Envisioned to bring a new level of living in Davao City, Crown Residences will have 40% open space to support the physical and mental well-being of residents. The exclusive amenities include a yoga and meditation garden, jogging path, swimming pool, children’s playground, fitness center, and function rooms. The development is also pet-friendly, a dedicated pet park is incorporated in the design of the amenities to accommodate pets of residents.