Megaworld Corp. targets to book P1 billion in sales from its first residential project in its Pampanga township, banking on the province’s growth potential in the coming years.
In a statement issued over the weekend, the listed property developer said it has launched Chelsea Parkplace, a 12-storey residential tower housing 193 units. Sizes of each unit range from up to 31 square meters (sq.m.) for studio, up to 45.5 sq.m. for one-bedroom, and up to 88 sq.m. for two bedroom units.
The Andrew L. Tan-led company said the project will take inspiration from New York City’s Upper West Side. Each unit will also have a balcony similar to New York’s apartments, giving residents a view of the township.
Amenities will include an adult and kiddie pool with pool lounge, indoor and outdoor events halls, fitness center, and a daycare center.
The company expects to complete the project by 2022. — Arra B. Francia