By MST Business | Jan. 08, 2015 at
10:50pm [ manilastandardtoday.com ]
Global-Estate Resorts Inc., a unit of
property developer Megaworld Corp., said it continues to remain bullish on its
residential projects in Alabang West amid brisk sales and strong demand that
prompted the company to launch another phase of the upscale village this month.
Rachelle Peñaflorida, vice president
for sales and marketing of Megaworld Global-Estate Inc., said the company
already started selling another phase of residential lots due to the fast
take-up of the initial two phases that Alabang West introduced during the
launch in October.
She said of the total 788 available
lots of the entire village, almost half were sold out from October to December
2014.
Peñaflorida said the high demand for
lots in the township contributed to good and strategic location in Alabang,
aside for its unique selling proposition and its Beverly Hills-inspired theme.
“Due to the good investment climate in
Southern Metro Manila, we expect that the remaining available residential lots
will be sold out before the first quarter of 2015. We expect land prices in
Alabang West to rise by 25 to 30 percent this year from its launch price last
year,” said Peñaflorida.
Alabang West is a 62-hectare
fully-integrated posh township located along DaangHari in Las Piñas City.
The township is poised as the
country’s Beverly Hills of the South through its Hollywood theme that offers
the best of a commercial and business lifestyle with its own Rodeo Drive,
together with an exclusive village for elite clients.
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