Written by Aileen Lor
Friday, 13 July 2012 00:00 [ tribune.net.ph ]
Picar Development Inc. (Picar), the
newest member of AMA Group of Companies, will invest P60 billion on real estate
projects which includes the Stratford Residences.
Once completed, the said project will
proudly rise as the tallest residential building in the city of Makati.
Investments of the Picar will be
divided into 10 to 15 projects. Highlight of the P60 billion project is the P11
billion development of the Stratford Residences which is a 74-story tower.
“The Stratford Residences is a new
generation, three-tower skyscraper in Makati City that revolutionizes the idea
of urban living with smart and superior luxury qualities,” Picar general
manager Danilo Jugno said.
Meanwhile, Picar also invested into a
mid-range residential and commercial condominium development, the Chelsea, a 32- story condominium that is envisioned to
rise as a place of balance in the suburban district of Alabang.
Picar will also have the country’s
first telepolis (wi-fi enabled township) in the south of Metro Manila with Ara
Vista Village, a 50 hectare residential- commercial development in General
Trias, Cavite.
Aside from the areas of Makati,
Alabang and Cavite Picar is also considering to have future investments in
Calamba, Quezon City, Davao, Cebu and Caticlan.
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