Posted May 10th, 2012 by Jenniffer B.
Austria
[ manilastandardtoday.com ].
San Miguel Properties Inc., the
property unit of conglomerate San Miguel Corp., is launching new real estate
projects in Metro Manila worth P7.7 billion.
San Miguel Properties architect Jose
Asuncion Jr. said in an interview following
annual stockholders’ meeting that the company planned to develop two
high-rise residential projects in Makati and San Juan and townhouse complexes
in Mandaluyong and Pasig.
The Makati project is a three-tower
development that offers a total of 1,300 units. The P4-billion project will
target the middle-income market, with units selling between P3 billion and P3.5
million.
Construction will start next year and
will be completed over five years.
Asuncion said the San Juan vertical
project was a multi-level development that would offer 300 oversized units
intended for the middle to high-end market.
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