PH1 World Developers (PH1WD), the real estate development arm of engineering and infrastructure conglomerate Megawide Construction Corp., said it broke ground on May 29, 2024 for its newest development in Pasig City and its fourth vertical development in the country.
The project is expected to disrupt conventional residential living in the eastern side of Metro Manila and promote a dynamic community in the environs of Pasig and Marikina Cities, PH1WD said in a statement.
The project, in joint venture with landowners Velfox Manufacturing Corp., will be the first residential condominium in the area to offer extra space at no extra cost for property buyers.
PH1WD president Gigi Alcantara said the project, which sits on a 10,000-square meter property, would have two phases and would be complemented by a host of amenities to be built on a podium-like structure.
Megawide will undertake the engineering aspect of the project property, with its precast and construction solutions (PCS) expertise.
“Each individual unit will incorporate Megawide’s patented “AddLoft Technology,” which increases the total volume of livable space by almost 40 percent, maximizing high ceilings, anchored on an innovative loft design and engineering methodology,” Alcantara said.
“This is what we envision extraordinary ‘condo living’ to be: living spaciously, but affordably. We at PH1WD consider this as another one of our positive disruptions, courtesy of Megawide’s engineering excellence and innovation DNA in designing and constructing modern living spaces. Having Megawide as our parent and contractor, at the same time, assures potential unit owners of First-World quality, consistency, and durability in every product,” she said.
