Property developer Megaworld Corp. is preparing to launch its third residential condominium project within its mixed-use estate in General Trias, Cavite which it expects to generate about P1.8 billion in sales.
Megaworld said in a disclosure to the stock exchange Thursday it would unveil the 14-story Maple Park Residences inside the 140-hectare Maple Grove township project.
Maple Park Residences will offer 200 ‘smart home’ units in varying types and sizes ranging from studio (up to 30 square meters), studio with balcony (up to 35 sq. m.), one-bedroom with and without balcony (up to 44.5 sq. m.) and two-bedroom with and without balcony (up to 76.5 sq. m.).
“The concept behind Maple Park Residences draws inspiration from the Scandinavian countries as well as communities in Makati where residents are surrounded by lush open spaces in the middle of a modern and urban city. Maple Park Residences will offer both the excitement of urban living and the laidback setting of Cavite,” said Eugene Lozano, first vice president for sales and marketing at Megaworld Cavite.
The project is slated for completion by 2028. All units will be equipped with wireless smart home systems that can be accessed remotely using a dedicated phone app.
The property firm said Maple Park is also poised to rise as the first Megaworld residential condominium development to feature a dedicated electronic vehicle-charging facility at the parking area to accommodate multiple vehicles at a time.
Other green and sustainability features in Maple Park Residence include low-flow rate fixtures to promote water conservation, occupancy sensors in hallways and parking floors that help conserve energy, LED lights for units and common areas, rainwater harvesting system and its own materials recovery facility.
Maple Park Residences will be accessible to future residents via the six-lane, 30-meter wide Maple Grove Boulevard, which was recently integrated into the 12-kilometer General Trias-Tanza Bypass Road.
Megaworld is developing Maple Grove as “Cavite’s first-ever modern central business district.”
The company earmarked P15 billion to develop the property within a 10-year period.