Ayala Land Premier generates P2.6 billion from Davao luxury project

Ayala Land Premier (ALP) is launching the second tower of its luxury residential project in Davao City within the year, after seeing strong demand for the first tower where it generated P2.6 billion in sales.
The luxury unit of Ayala Land, Inc. (ALI) said on Wednesday that it managed to sell out the first tower of The Residences at Azuela Cove during its launch last May 12. The 21-storey seaside property features 70 units spanning 181 to 196 square meters (sq.m.) priced at around P36.7 million. It also has two penthouse units at P80.8 million each. — Arra B. Francia