MEGAWORLD Corp. has launched one of its most expensive addresses in the Bonifacio Global City (BGC) to date named the Uptown Ritz, which is expected to rake in P4.5 billion in revenues for the listed property developer.
Maricor M. Manlangit, Megaworld first vice president for strategic planning, said construction of the 45-story condominium is expected to begin before the end of the year, while
completion is targeted in June 2017.
The Uptown Ritz, Manlangit said, is the second project that Megaworld has launched in its 15-hectare Uptown Bonifacio integrated development.
“The average price of the units is P135,000 per square meter. The unit sizes range from 78 square meters to 182 square meters, which means the lowest priced unit will be about P11 million,” Manlangit said.
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