Tuesday, March 1, 2011

Century Properties starts P13B plan Century Properties starts P13B plan

Century Properties unveiled Thursday a P13.5-billion six-tower riverside high-rise residential project in Mandaluyong City, which will offer affordable stylish condominium units accessible to major central business districts.
In a briefing, company managing director Marco Antonio said the new project, called “Acqua,” would roll out 2,500 residential units in a tropical rainforest-inspired community.

The new development—intended to be one of the highlights of its developer’s 25th anniversary this year—will rise on a 2.4-hectare property in Makati where the old Noah’s Ark sugar refinery used to be, which is right across Rockwell Center. It can be accessed from Rockwell via the newly constructed Estrella-Pantaleon bridge over Pasig River.

All of the buildings will be named after the great waterfalls of the world. The first to start pre-selling is The 42-storey Niagara Tower offering one-, two- and three-bedroom units. There will also be a private collection of special units for the discerning home buyers, Antonio said. A 27-to 32-square meter one-bedroom unit is worth about P2.5 million while a two-bedroom unit of 42-50 square meters is worth around P4.5 million.

A household with a combined monthly income of P50,000 can afford to buy a unit in this project. Monthly amortization was estimated at about P17,000.

Century Properties requires a 35-percent equity payable over the 48-month construction timeline for each tower. The balance can be covered by bank financing.

The development is inspired by water, which is expressed in the building design and amenities. Antonio said the project was intended to be a self-contained development and a “residential eden.”

Giving its vote of confidence in ongoing efforts to fully rehabilitate Pasig River, Antonio said Acqua would be the first to take advantage of the area as a premier waterfront address in the country.

http://www.mycondo.com.ph/

The development will have as its central amenity “The Pebble”—a 3,000-sqm exclusive country club for residents by the water, which will offer a variety of wellness and recreational activities. It will also have a 300-meter boardwalk that will host an array of restaurants, boutiques and cafes.

Century Properties bullish on Mandaluyong project

Century Properties Inc. expects to sell out its P13.5-billion Acqua Private Residences in two or three years, capitalizing on the growing demand for residential projects from the bulging middle class.
In a briefing yesterday, Century Properties managing director Marco R. Antonio said Acqua Private Residences, which will rise on the 2.4 -hectare former site of Noah’s Ark sugar refinery in Mandaluyong City, is the first waterfront residential development in the country, incorporating the elements of a nature-infused and tropical rainforest environment.

Antonio said sales of the first of six towers of Acqua Private Residences, the second project under the group’s affordable yet high-value brand Century Limitless, have been quite brisk since the group started pre-selling latter part of the year. A total of 2,500 units will be offered for sale to the public at a price ranging from P95,000 to P100,000 per square meter.

He said the company is hoping to sell the first three towers this year and the next three by 2014.
Antonio said the group is estimated to generate around P13.5 billion in sales from Acqua Private Residences, which is located across Rockwell Center and easily accessible via a new bridge that traverses the Pasig River connecting Mandaluyong and Makati.

Construction of the first tower, The Niagara Tower with 42 storeys, will begin this year with the units expected for turnover to owners by the second quarter of 2015.

A private collection of special units called Acqua Prive, which includes townhouse, sky garden, private garden and penthouse suites, caters to discerning clientele looking for choice real estate. Unit sizes range from 27 to 140 square meters with an average price of P95,00 to P10,000 per square meter or almost half the price lower than upscale projects in the area. Residents may choose from a bare unit, or a fully-fitted and fully-furnished unit with two interior design themes.

Other towers that will rise at Acqua are The Sutherland, Detifoss, Iguazu, Victoria, and Yosemite, all named after some of the most beautiful waterfalls in the world. The five other towers will rise up to 50 storeys.

for more info: http://www.mycondo.com.ph/ad-details.php?id=3657

Unbeatable Value at Acqua

WHY ACQUA?

CENTRAL LOCATION: Located directly across Rockwell via a new bridge that crosses the Pasig River leading into the sensational new waterfront development.

NATURE-INFUSED DESIGN: A new concept in condo living.. Acqua brings the tropical rainforest into a residential Eden fron nature infused surrounding as well as multiple waterfalls and water inspired achitechtures.

LEISURE AND ACTIVITY: Introducing "The Pebble", an  iconic visual landlmark that houses your very owned Country Club by the water, as well as the exciting Riverwalk Promenade. Thats four storey of fitness, fun activities, fabulous shopping, dining and entertainment.

AFFORDABILITY: Best of all' it's right across Rockwell at almost half the price of the nearest competition.

BY THE CENTURY PROPERTIES: Another landmark development by Century Properties - Real Estate with Passion.