By Iris C. Gonzales (The
Philippine Star) | Updated October 27, 2015 - 12:00am
MANILA, Philippines -
Century Properties and partner Trump Organization are on track to complete the
56-story Trump Tower at Century City in Makati by end December next year.
In an interview with The Star yesterday, Eric
Trump, executive vice president of Development and Acquisitions for the Trump
Organization, said he is pleased with the progress of the upscale residential
development.
Trump, scion of American
real estate developer and presidential hopeful Donald Trump, is in the country
for a site visit.
“What we do, we build the best, it’s the best
in the market and I’m very happy. The highest standards apply. It’s 99 percent
sold …It’s just been a tremendous success,” Trump said.
Trump said the group could
do more projects with Century Properties in the future.
As of the third quarter,
construction of Trump Tower has already reached 49th floor. By yearend, it is
expected to top off at 56 storys, ushering in the last phase toward completion
and delivery by end 2016.
The Century Properties Group launched the
luxury tower in 2012. It has over 250 units for residential use and an expected
sales value of P6 billion, making it one of the most expensive and luxurious
real estate projects in the country.
Robbie Antonio, Century
Properties managing director said the Trump Tower marks the company’s entry
into the luxury segment of the market.
“By bringing the Trump
brand to the Philippines, Century Properties introduces a global standard of
excellence, quality and high luxury to the country, making it a new
international destination for luxury living,” Antonio said.
Antonio said the target
market includes investors from the Philippines and overseas as well as
end-users.
Unit sizes range from 60
square meters for the suite and 400 sqm for the penthouse.
The project will have a
grand lobby, a fine dining restaurant, library and business center.
Trump Tower will be the
latest addition to the Century City, which includes residential and commercial
landmarks such as the Gramercy Residences, Knightsbridge Residences, Milano
Residences, Centuria Medical Makati, Century Spire, Century City Mall and
Forbes Media Tower.
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