Megaworld Corp. said Tuesday it expects to raise up to P6.5 billion in sales from a newly-launched high-rise residential development in Cubao, Quezon City.
Megaworld said in a disclosure to the stock exchange the 39-story Laurent Park would be the third residential development within the Manhattan Garden City complex. It will offer 796 ‘smart home’ units in varying types with sizes ranging from 29 square meters for studio unit to 132 sq. m. for a three-bedroom loft unit with lanai.
“Laurent Park sits on a very strategic location as it will soon rise within Araneta City in Cubao, Quezon City, which is known now as the central transportation and mobility hub of Metro Manila. This will allow future residents to enjoy unparalleled convenience and seamless connections to different cities and provinces,” said Eugene Lozano, first vice president for sales and marketing of Megaworld Manhattan Garden City.
The condominium tower is scheduled for completion by 2029.
