Realty By JM

Salt and Light of Philippine Realty

ALI sees P28.5B in sales from new projects

Property giant Ayala Land Inc. is bringing to the property market up to P28.5 billion worth of new residential inventory in the Makati central business district with the ongoing rollout of five upscale condominium towers strategically situated within Ayala Center.

The additional high-end condominium inventory comprises a total of about 1,900 residential units from the three residential towers of Park Terraces and two towers of the soon-to-be launched Garden Towers.
ALI executive vice president Bobby Dy estimated the sales value of the units from five residential towers at P28.5 billion. He added that ALI has started recognizing revenues given the progress in construction of earlier launched Park Terraces project, which was now 84-percent sold.

Taken from:

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Filed under: Real Estate Broker

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