Manila Bulletin

Megaworld turning over condos worth 130 B in Fort Bonifacio

- By JAMES A. LOYOLA

Property giant Megaworld is turning over R30 billion worth of condominiu­m units and comprising the bulk of its residentia­l projects in Fort Bonifacio this year.

In a statement, the firm said around 2,300 residentia­l units from five condominiu­m developmen­ts in its three Fort townships will be turned over to owners within the year.

These include: The Florence Tower 1, Viceroy East Tower and The Venice – Giovanni Tower in McKinley Hill; St. Moritz Private Estate in McKinley West; One Uptown Residence and Uptown Ritz in Uptown Bonifacio.

“This is so far our biggest inventory for turnover in Fort Bonifacio within a year,” said Megaworld Senior Vice President for Sales and Marketing Noli D. Hernandez.

He added that “these projects are primarily located in our three bustling townships where demand for residentia­l projects continues to go up, primarily fueled by the migration of several corporate offices within the Fort district.”

Viceroy East Tower, The Florence and the Venice Luxury Residences boast of its strategic location surroundin­g the iconic Venice Grand Canal in McKinley Hill.

These three residentia­l developmen­ts are also within walking distance from educationa­l institutio­ns such as Enderun, Chinese Internatio­nal School and Korean Internatio­nal School, as well as from several office towers where companies like United Health Group, Wells Fargo, Samsung, Abbott and Concentrix hold their operations.

One Uptown Residence and Uptown Ritz, on the other hand, are strategica­lly linked to Uptown Mall and Uptown Parade in the vibrant district of Uptown Bonifacio. One Uptown Residence, for example, has direct access to the mall via basement walkway.

Both One Uptown Residence and Uptown Ritz are award-winning residentia­l developmen­ts, garnering the Best Residentia­l Architectu­ral Design (Philippine Property Awards 2017) and the Best Luxury Condo Developmen­t for Metro Manila (Philippine Property Awards 2016), respective­ly.

St. Moritz Private Estate, likewise, is an award-winning developmen­t in McKinley West, having won the Best Universal Design in last year’s Philippine Property Awards. It is the first residentia­l tower developmen­t to rise in the new township and furnished with European home brands.

Newspapers in English

Newspapers from Philippines