Megaworld Corp., the property unit of billionaire Andrew Tan, said it expects to generate as much as P8 billion in sales from the newly-launched residential tower within the 34.5-hectare McKinley West in Fort Bonifacio, Taguig City.
Park McKinley West is the third residential condominium to rise in McKinley West and is beside the upscale community of Forbes Park and the Manila Polo Club.
Megaworld said in a statement the project would offer one-bedroom (up to 70.5 square meters); two-bedroom (up to 110 square meters); three-bedroom (up to 212 square meters); four-bedroom (up to 229 square meters); and five-bedroom (up to 336 square meters).
“The residential market in McKinley West is growing bigger. We sold out our first tower for Park McKinley West in just two months last year, and when we launched our second tower in July, it only took us only a few months again to sell it out,” Megaworld senior vice president for sales and marketing Noli Hernandez said.
“Today, prices of residential units in Park McKinley West rose to almost P265,000 per square meter compared to P218,000 per square meter when we first launched it a year ago,” he added.
Designed by UK-based multi-awarded architectural firm Broadway Malyan, the third tower of Park McKinley West will have generous amenities that include a swimming pool with its own pool deck, children’s pool, game and entertainment room, yoga room, outdoor yoga deck, function halls and a fitness center.
The property project will also have its own roof deck garden and a sky garden at the 15th level.
The tower’s ground level will host some retail stores and dining establishments, providing lifestyle convenience to future residents.
The residential tower, meanwhile, will also have its own three-level parking facility. The project is expected to be completed in 2024.
Megaworld is currently building two upscale mid-rise residential developments in the township—St. Moritz Private Estate and The Albany.