Vista Residences, the high-end residential unit of property developer Vista Land & Lifescapes Inc., reported brisk sales for its 32-story mixed-used tower in Ortigas Center.
Vista Residences said in a statement The Currency, with a cost of P1.4 billion, was nearly sold out given its prime location.
The Currency, strategically located at the juncture of F. Ortigas Jr. Ave. and Julia Vargas Ave., has retail units for lease at the first three floors with about 20 tenants serving building occupants and nearby offices.
The fourth to ninth floors consist of 32 office units which were already sold out. Unit owners have the option to have their units managed and leased out by Vista Residences’ leasing group.
The 10th to 32nd floors are 324 residential units aimed at entrepreneurs and upwardly-mobile executives with offices in the Ortigas CBD. These consist of 131 studio units, 171 one-bedroom units and 22 two-bedroom units.
“However, because of its prime location, sales have been brisk and less than 50 ready-for-occupancy units are left,” said Vista Residences president Elizabeth Kalaw.
The 25-square-meter studio units are priced at P145,000 to P160,000 per square meter; one-bedroom flats at P155,000 to 165,000 a square meter; and the two-bedroom units at P160,000 to P165,000 per square meter.
“The Currency presents the modern-day urbanite with the duality of enterprise and escape. It has hanging gardens on the 10th floor which serve as havens offering an exquisite panorama of the city – several cities, in fact,” said Kalaw.
The tower offers 21st Century amenities, a chic reception lobby for residential unit owners and with separate lobbies for residents and office workers.
The residential lobby comes with three elevators while the office spaces will be served with two.