by Jenniffer B. Austria
[ manilastandardtoday.com ] July 21, 2010
Ayala Land Premier, a unit of property developer Ayala Land Inc. catering to the high-end market, launched Tuesday a P4-billion upscale residential condominium project in Bonifacio Global City in Taguig.
Ayala Land president Antonino Aquino said the West Tower is a 47-story building offering 372 residential units, including 10 that cost P8.5 million to as high as P75 million.
Officials said the West Tower had quickly drawn the interest of several investors willing to purchase P2.7 billion worth of units, or about 50 percent of the building.
Ayala Land senior vice president and chief marketing and sales officer Rex Mendoza said the West Tower would be the last residential development within the five-hectare One Serendra in Bonifacio Global City.
“In the West Tower, we are combining the comforts of larger, more thoughtfully-planned living spaces, greenery and open spaces usually found in subdivisions with the conveniences of access to an only urban location like Bonifacio Global City,” he said.
Ayala Land is expanding its retail and office development projects in Bonifacio High Street in Bonifacio Global City with the launching of Bonifacio Hi Street Central.
Aquino said the Bonifacio Hi Street Central at the west side of Bonifacio Global City, would offer 35,000 square meters of retail and office spaces.
Bonifacio Global City is being developed by Fort Bonifacio Development Corp., a partnership between Ayala Land, Evergreen Holdings Inc. of the Campos group and state-owned Bases Conversion Development Authority.
Since 2006, Bonifacio Global City has been the home of multinational companies like Deutsche Bank, HSBC, JP Morgan Chase and Samsung, as well as residential projects called One Serendra and Two Serendra. It also houses several institutions like St. Luke’s Hospital, the International School, British School and Japanese School.
_____________________________________________________________
