PROPERTY developer Megaworld Corp. said it is turning over this year a huge bulk of its residential projects, valued around P30 billion, in Fort Bonifacio, Taguig City.
The company said on Monday that around 2,300 residential units from five condominium developments in its townships in the former military camp in Taguig worth P30 billion will be turned over to owners within the year.
These include the Florence Tower 1, Viceroy East Tower and The Venice-Giovanni Tower, all at McKinley Hill; Saint Moritz Private Estate in McKinley West; and One Uptown Residence and Uptown Ritz, which are both in Uptown Bonifacio.
“This is, so far, our biggest inventory for turnover in Fort Bonifacio within a year. 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,” said Noli D. Hernandez, the company’s senior vice president for sales and marketing.
Viceroy East Tower, Florence and Venice Luxury Residences boast of its strategic location surrounding the Megaworld’s 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 linked to Uptown Mall and Uptown Parade in Uptown Bonifacio.
Saint Moritz Private Estate, meanwhile, is an award-winning development in McKinley West, bagging 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.
Megaworld claims to be the largest single landholder and developer in Fort Bonifacio with four integrated urban townships covering a total of 107 hectares, namely, McKinley Hill, McKinley West, Uptown Bonifacio and Forbes Town.