Business World

Megaworld eyes P700 million from Cavite condo project

- Mariel P. Galang Vincent

MEGAWORLD Corp. expects to generate around P700 million in sales from its first residentia­l condominiu­m inside its Maple Grove township in General Trias, Cavite.

In a statement, Megaworld said The Verdin at Maple Grove will incorporat­e environmen­tal sustainabi­lity features, as Maple Gove is touted to be Cavite’s “green” central business district.

The 10-storey condominiu­m will have 140 units, ranging from studios of up to 32 square meters (sq.m.), onebedroom units up to 51 sq.m., and twobedroom units up to 79 sq.m. Some units will have a lanai with a view of the parks and the township.

Among The Verdin’s environmen­tfriendly features are the “Sustainabi­lity Wall” at the main lobby; solar-powered outlets at the outdoor amenity deck; use of energy-generating equipment and machines in the outdoor fitness area; and the use of recycled and indigenous materials for the pool deck and the playground.

The Verdin will also have a two-floor podium parking with commercial spaces at the ground level.

Megaworld targets to complete The Verdin by 2023.

“Maple Grove will become a sanctuary of urban countrysid­e and sustainabl­e lifestyle. A huge part of the master plan will be Makati-inspired where green parks and interconne­cted streets are surrounded by malls, office buildings and residentia­l towers. The Verdin at Maple Grove will be at the center of it all,” Rachelle I. Peñaflorid­a, vice-president for sales and marketing of Megaworld, was quoted as saying in the statement.

Last year, the property developer unveiled plans for a 35-hectare “Makatiinsp­ired” business district within Maple Grove. Megaworld said the Maple Grove commercial district, which has 363 prime lots, is nearly sold out. —

 ??  ?? MEGAWORLD Corp. is targeting to complete The Verdin at Maple Grove by 2023.
MEGAWORLD Corp. is targeting to complete The Verdin at Maple Grove by 2023.

Newspapers in English

Newspapers from Philippines