Economy

Century Properties launches townhouse project in Mandaluyong

CENTURY Properties Group, Inc. has launched its Century NULIV brand with a low-density townhouse project behind its Acqua Private Residences in Mandaluyong City.

The townvillas at Acqua will be the maiden project under Century NULIV and will feature 22 multi-storey houses and lots.

“The last two years gave Century an opportunity to rediscover the real estate market, which revealed changing preferences for home buyers. Specifically, clients have clamored for more space – both indoors and outdoors,” the company said in a disclosure.

“As the company is focused on growing, but at the same time aware of the macro-economic backdrop, it will develop lower building height developments, which carries less risk on a per project basis,” it added.

Marco R. Antonio, Century Properties’ president and chief executive officer, said the historical roots of the company focused on high-rise condominiums and new product offerings will be faster to develop.

The Century NULIV villas at Acqua features two types of homes: the 227-square-meter (sq.m.) Rhine and the 312-sq.m. Seine.

The development will offer six units of the three-floor high Rhine and 16 units of the four-storey Seine. The units’ prices will range from P40 million to P60 million.

“Each unit will be delivered standard bare and completed with premium finishes to make it easier for homeowners to turn it into the home they’ve always wanted,” the company said.

It added that as soon as Century Properties completes its regulatory requirements, the project will be available for sale.

The company plans to bring the new brand outside the metro through the project development launch in Azure North in San Fernando, Pampanga. — Justine Irish D. Tabile

Click to comment

Leave a Reply

Your email address will not be published.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

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.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 TheProficientInvestor. All Rights Reserved.

To Top