Connect with us

Hi, what are you looking for?

Economy

DMCI launches 2nd tower of Pasig City condo

DMCI PROJECT Developers, Inc. (DMCI Homes) recently launched the second tower of its Allegra Garden Place condominium in Pasig City as it anticipates growing demand.

The property arm of DMCI Holdings, Inc. launched the Soraya tower last month, with units ranging from 30 to 83 square meters (sq.m.).

DMCI Homes Vice-President for Project Development Dennis Yap said the property will likely benefit from an increase in business activities as the Bonifacio Global City-Ortigas bridge connecting travel between Pasig, Mandaluyong, Taguig, and Makati is targeted to be finished this year.

“We are gearing towards recovery from the pandemic by taking advantage of the potential opportunities presented by these big-ticket infrastructure projects,” he said in a press release on Saturday.

He added that stations of the planned Metro Manila subway project would also be close to the property. Partial operations of the underground railway will start by yearend, the Transportation department said.

Units have a pre-selling price of P4.31 million and higher, with an expected turnover in July 2024 for the first building and July 2025 for the second.

DMCI said that it is reaching out to investors looking for properties with big rental and capital appreciation potential in the 1.2 hectare two-tower condominium project launched in 2019.

Allegra Garden Place has studio units, 1-3 bedroom units, and amenities including a roof garden, pools, game area, gym, and multi-purpose court. — Jenina P. Ibañez

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Investing

Elon Musk has suggested that he could seek to pay a lower price for Twitter, as the social media company’s would-be owner expressed further...

Investing

Tens of thousands of apprenticeships could be created and hundreds of millions of pounds saved if the flawed apprenticeships levy were reformed, according to...

Economy

The man accused of killing a doctor and wounding five other people in a shooting at a Taiwanese-American church banquet in California methodically planned the attack because he was upset over Chinese-Taiwanese tensions,...

Investing

Workers should “think and reflect” on whether to ask for pay rises because they risk fuelling inflation, the governor of the Bank of England...

Investing

Ofgem has come under fire for extending rules that will effectively prevent energy suppliers from offering deals that are significantly cheaper than the price...

Investing

Working from home is more popular in Britain than in continental Europe and North America, with commuting journeys down by more than a fifth...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.