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Prefab Clout

by The Monocle Minute

As developed cities in Asia grapple with ageing populations, savvy entrepreneurs are spotting opportunities to tap the silver dollar. Later this year Batulao Artscapes will complete its first phase: a retirement village to the south of Metro Manila that aims to attract overseas residents. South Korean and Japanese senior citizens are drawn to the Philippines and Batulao Artscapes assists with retirement visas as part of the package. The company behind the project, Revolution Precrafted, was set up two years ago by Jose Roberto “Robbie” Antonio and offers prefabricated homes designed by international architects. When finished, Batulao Artscapes will feature more than 6,000 properties alongside four museums – one of which will be designed by the Pritzker prize-winner Jean Nouvel, French architect of the Louvre Abu Dhabi. Revolution Precrafted is working with Philippine property developer Century Properties, which was set up by Antonio’s father and recently completed another landmark associated with a gilded senior citizen: Trump Tower Manila.

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