The fast take-up of current residential condos and a high demand for more urged them to proceed with the upcoming projects, says Megaworld.
Property giant Megaworld Corporation recently announced plans to build three more residential projects in Makati until 2016. This announcement comes after they reported a fast take-up of their condos in the city’s central business district.
“As Makati continues to establish itself as the top location for real estate investment, Megaworld is poised to aggressively expand its residential condominium portfolio in this premiere city,” Makati CBD vice president for sales and marketing Eugene Em Lozano said.
These pending projects will bring their Makati CBD property count to over 30 towers by next year.
According to Megaworld, they have already sold out six condos in Makati CBD over the past three years. These condos – One Central, Two Central, Paseo Heights, Salcedo SkySuites, Greenbelt Hamilton 1, and Greenbelt Madison – have a total of 2,346 residential units.
“Our high-end residential projects are located within the most sought-after addresses in Makati Central Business District. Nothing can beat the location of the center of the CBD which certainly offers the fastest return of your investment,” Lozano explained.
Among Megaworld’s ongoing projects in Makati CBD are Two Central, which is set for completion this year; Paseo Heights and Three Central, both of which will be finished by 2017; Salcedo SkySuites, which is targeted for a 2018 completion; and Greenbelt Hamilton, which will be done by 2019.
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