Megaworld eyes P10-B revenue from fourth Fort Bonifacio development

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It has the fastest access to the new transport infrastructure projects, and it stands right next to Uptown’s own array of… establishments,” said Megaworld SVP Noli D. Hernandez.

By Anna Gabriela A. Mogato

Property developer Megaworld Corp. is expecting P10 billion in sales from its fourth residential condominium development in Fort Bonifacio, slated for completion in 2024.
The 452-unit, 45-storey Uptown Arts Residence will be located in Megaworld’s 15.4-hectare Uptown Bonifacio township in Fort Bonifacio.
Units range from 41.5 square meters (sqm) for studio units to 168 sqm for three-bedroom lofts. Megaworld also said that its main lobby and amenity floor will also have free WiFi access.
In a disclosure to the stock market on Monday, Megaworld Senior Vice President for Sales and Marketing Noli D. Hernandez pointed to the strategic placement of the Uptown Arts Residence.
“It has the fastest access to the new transport infrastructure projects, and it stands right next to Uptown’s own array of dining, shopping and entertainment establishments,” he said.
The condominium is situated along the Kayaan Station of the proposed Mega Manila Subway project, as well as the Skytrain Uptown Station, a monoral project connecting Fort Bonifacio to MRT Guadalupe.