Real estate developer Century Properties Group Inc. (CPG) on Monday said it will launch two projects in the first half of 2024.
First to be launched during the first quarter, is the Hotel Residences at Acqua in Mandaluyong City, leveraging the success of Acqua Private Residences.
This project offers move-in ready, hotel-fitted and fully furnished suites, the company said.
Acqua Private Residences offers amenities, including the Pebble, a waterfront clubhouse on the 4th floor that houses Acqua’s state-of-the-art Fitness Center. It has gym that have the TRX (total resistance exercise) areas, weights and cardio sections, and an indoor garden.
The third floor has a lap pool, whirlpool bath, lagoon and kiddie pool, outdoor basketball and volleyball courts, and locker and shower rooms. The second floor is dedicated to a big play area and a library tailored for children.
The second project is the company’s its first mid-rise 12-storey residential development at Azure North in San Fernando, Pampanga, The first tower will offer 375 units.
The development will have multi-feature water-park amenities.
“Century Properties continues to deliver more than just homes to Filipinos. We take to heart their dreams and deliver amenities to match their aspired lifestyle. With these upcoming projects, Century Properties Group is poised to further redefine and elevate the real estate landscape in the Philippines,” the company said.
Azure North emerges as a resort-inspired residential development in the heart of Pampanga. Building on the success of Azure Urban Resort Residences in the South in Paranaque, Azure North aims to extend the allure of a coastal haven to more Filipino condo buyers.
The company said a “standout feature” of Azure North is its urban man-made beach, a white sand beach lagoon, wave and lap pools, and an exclusive Azure Beach Clubhouse.
With the recent completion of the Skyway extension, Azure North is now only a 90-minute drive from Makati.
The development offers other amenities such as a gym and a rooftop deck providing a view of Pampanga.
The company said last November 2023 that it expects to perform better this year as its affordable housing business continues to exhibit rapid growth.
Century Properties President and CEO Marco R. Antonio reported that the company recorded revenues of close to P10 billion and net income of P1.3 billion in January to September 2023.
The higher revenues came on the back of the steady rise in the contribution of the company’s first-home residential developments segment amounting to P5.3 billion or 55 percent of total revenues, an increase of 28 percent from P4.2 billion in the comparative period of 2022.