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Real Estate + Properties
Real Estate News Roundup in Metro Manila (September 17 to 30, 2018)
Century Properties, Sunland Development, and Ayala Land take the spotlight.
By: Eunice Sheene Fulgencio | September 17, 2018
The Residences at Commonwealth was also awarded “Best Mid-End Condominium Development” at the 2018 Philippine Property Awards.
Image: Century Properties Website
Award-winning The Residences by Century Properties in Quezon City nears completion. On the eastern side of Metro Manila, Sunland Development Corporation is building a luxury hotel catered to residents. Meanwhile, Ayala Land Inc. gets recognized in an international survey.
Project Announcements
Century adds fifth tower to The Residences property
Century Properties Group Inc. (CPG) has completed the fifth residential tower in The Residences, its property located along Amsterdam Avenue, Don Antonio Drive, Barangay Batasan Hills, Matandang Balara, Quezon City.
CPG Chief Operating Officer Marco R. Antonio said in a statement, “In Century, we have dreamed of a community that will set a new benchmark for residential living in Quezon City–a beautiful vertical village that is safe, well-designed, and teeming with unique amenities.”
Some of these amenities include a clubhouse which will feature an arts and crafts studio, a fitness center with a dance studio, a water garden, and a nursery where toddlers can be left for the day.
Three towers have already been turned over, and another tower will follow in the fourth quarter. The Residences at Commonwealth is set to have a total of eight towers with completion targeted within the next two years [1].
Sunland Development Corporation begins work on third Red Hotel Suites
Sunland Development Corporation (SDC) adds to its roster of properties with the groundbreaking for a new Red Hotel Suites branch along Marcos Highway in Marikina City.
“This is Red Hotel Suites’ third branch and [it is] by far the biggest. It is expected to become a game-changer on the eastern side of Metro Manila,” SDC president and Chief Executive Officer Richard Lim said in a statement.
The 21-storey high hotel will have 250 rooms and features like a sauna, a four-floor parking area, function rooms, and an infinity pool at the rooftop.
“Everyone is welcome at Red Hotel Suites, especially those in Antipolo or Tanay, Rizal. You don’t have to go to Makati or Quezon City just to enjoy the facilities of a luxury hotel,” Lim added. The first two branches are located in Cubao, Quezon City and Pasay City.
The hotel is set to start operations by the fourth quarter of 2019 [2].
About Eunice Sheene Fulgencio
Eunice knew that she’d be writing for the rest of her life from a very young age. Naturally introverted, she is selective with how she uses her time and who she spends it with. Has a penchant for sweet treats, sentimental proses, and online personality quizzes. A true-blue INFJ.
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