Posted on June 10, 2012 09:42:14 PM [
BusinessWorld Online ]
BY FRANZ JONATHAN G. DE LA FUENTE, Reporter
NEWLY-LISTED developer Rockwell Land
Corp. said it has already sold more than half of its first horizontal project
in Quezon City, citing robust demand from professionals attracted to the
development’s strategic location.
205 Santolan is a townhouse community
project located on a 1.8-hectare property on the corner of P. Tuazon Boulevard
and Councilor C. Benitez Street.
The project marks the company’s first
entry in horizontal residential development, complementing a portfolio which
includes its flagship Power Plant mall and a series of luxury condominiums in
Makati City.
Upon completion, 205 Santolan will
feature 105 units measuring about 300 to 450 square meters, and costing roughly
P20 million to P30 million each.
“Many professionals and locals from
San Juan [City], Quezon City, and Makati [City] chose to buy units in 205
Santolan because of its convenient location,” said Valerie L. Soliven, Rockwell
Land vice-president for sales marketing, in a separate e-mail sent over the
weekend.
“Most of our buyers are previous
Rockwell [Land] clients and owners of Rockwell [Land] condominium units who
were satisfied with the service and quality we have provided,” Ms. Soliven
added.
The company expects to complete the
sale of the remaining 205 Santolan units by the year end, with a turnover date
slated for September next year, Ms. Soliven said.
In addition to 205 Santolan, Rockwell
Land is also launching two projects this year, namely The Proscenium (formerly
introduced as Greater Rockwell) -- a 3.6-hectare, mixed-use expansion of its
flagship 15.5-hectare Rockwell Center district in Makati City -- as well as the
Lopez Tower.
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