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Saturday, April 20, 2024

Century Properties eyes P3-b sales from 2 projects

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Century Properties Group Inc., the real estate arm of the Antonio family, expects to generate P3 billion in sales from two upscale residential projects under the newly-formed premium residential brand Nuliv, a top executive said Wednesday.

CPG president and chief executive Marco Antonio said during the brand launch Wednesday evening that Nuliv was formed in response to changing preference of the market in favor of low-density homes and areas where homebuyers could have more indoor and outdoor spaces.

“New standards in living and lifestyle inclinations have developed post-pandemic and we intend to address these changes in homebuyers needs. While Nuliv will continue Century’s legacy of serving the needs of premium and luxury market, it will also do via new product offerings wherein majority will be townhouses and other low rise structures which is in contrast with its historical roots of doing mainly high-rise condominiums,” Antonio said.

CPG launched Century Nuliv Townvillas at Acqua, a 22 multi-story house-and-lot project at the foot of new Estrella-Pantaleon Bridge in Mandaluyong City. CPG Nuliv president Monica Trajano said the project offers three-story and four-story units with sizes ranging from 265 square meters to 316 sq. m. priced from P40 million to P60 million.

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