Ayala Land Inc. yesterday said that its newest high-end project “The Suites” is 99 percent sold in just four days after unveiling.
The Suites is touted to be “the address” in Bonifacio Global City.
Only three units are left of the 298-unit, P9.9 billion worth all-suites residential tower. Sold were one- to four-bedroom units at an average price of P180,000 per square meter (sq.m.), with living spaces ranging from 136 sq.m. to 340 sq.m.
It is for the affluent, according to Jose Juan Jugo, group head of Ayala Land’s Ayala Land Premier brand.
Antonino Aquino, Ayala Land president, said the Philippine property market is enjoying the benefit of an improving macroeconomic environment.
The Suites is part of the P30 billion mixed-use development One Bonifacio High Street, which will house the Shangri-La Group’s new hotel-residential property, the new Philippine Stock Exchange building and a number of retail spaces all in one block.
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