Avida Land Corp. launched last week Makati Southpoint, its fifth residential high-rise in Makati. The project is geared towards young professionals seeking a more compact living area but with enough breathable spaces.
Makati Southpoint is located on Don Chino Roces Avenue in Brgy. Bangkal, Makati, less than two kilometers from the Makati CBD. According to property research firm Colliers Philippines, office supply in the outskirts of the Makati CBD will be surging as much as 68% over the next few years. Housing demand is expected to rise further in the area. Professional workers regularly taking a beating from traffic, safety and security issues and bad weather have preferred to find smaller homes closer to their workplaces.
Makati Southpoint will offer units ranging from 23.30 sqm. to 38.20 sqm for the first tower. These are studio units, junior 1BR and 1BR units.
Eclectic market mix, collab space
“The market is a mix of Filipino millennials, single professionals and early nesters. This is a group seeking the adult experience of owning, living and investing in their own homes,” explained Jojo Fabricante, Avida Land head of innovation and design group (Shown in topmost photo). “The units were created around the idea of people who have a round-the-clock lifestyle, who are always on the go but want a restful home to sleep and unwind. Makati Southpoint has included a multifunction area and usable, open spaces to function as an extension of their living spaces.”
The collab space can let residents work on their own devices, meet up or read or do hobbies in a comfortable indoor space. The lounge areas on the amenity deck allow them to meet guests or just enjoy the outdoors. A retail area will occupy the ground floor, where a grand central lobby will also be located.
Makati Southpoint will eventually have three towers, but the first at 32-storeys high has been moving fast in the market. About 40% of its launched inventory have sold out in the first month alone. Residences have a choice of the skylines of Makati and Bonifacio Global City on one side, or the refreshingly open amenity deck on the other.
Makati Southpoint units range from P4.4 million to P8.5 million. The first tower will be completed by 2024.