A UNIT of Federal Land, Inc is launching a new residential condominium tower in its Quantum Residences project in Pasay City following the robust sales seen in property’s first tower.

In a statement, Horizon Land Property Development Corp. said it will unveil the Amethyst Tower within the second half of the year. This comes more than a year after the launch of the first building, Aqua Tower, in the middle of 2018.

Horizon Land said Aqua Tower is already 80% sold out.

Located near the intersection of Buendia and Taft Avenue, the entire Quantum Residences project will stand on a 5,960-square meter (sq.m.) property. It will house three 35-storey towers that will be connected by a podium.

The project will offer a total of 2,693 units sized from 21.50 sq.m. to 49 sq.m., ranging from studio, one-bedroom, and two-bedroom units. Amenities include an adult pool, plaza, and study room, among others.

Horizon Land targets to attract start-up families, students, and young professionals for Quantum Residences, banking on its proximity to key cities on Metro Manila such as Pasay, Makati, and Manila.

“We know that living in the city comes with a set of stressors — the hectic pace of daily activities, the high cost of living, the traffic. We build residential communities that help them manage these better so that ‘coming home’ becomes a more meaningful experience,” Federal Land President Pascual M. Garcia said in a statement.

Federal Land is the property arm of the late tycoon George S.K. Ty’s holding firm, GT Capital Holdings, Inc. It also has investments in banking, automobiles, financial services, and infrastructure. — Arra B. Francia