MANILA, Philippines - Century Properties Group said sales of residential units at Trump Tower at Century City in Makati have been brisk.
In a statement, CPG said it has pre-sold 94 percent of Trump Tower's units two years ahead of its completion. Trump Tower has over 250 units with a total sales value of P6.13-billion.
"We would like to congratulate our great partners, Century Properties Group, on this very exciting accomplishment. Together, we have done something very special and this fantastic property will set the standard of luxury and quality in the Philippines and beyond," said Donald J. Trump, Chairman & President of the Trump Organization.
Century Properties Chairman and CEO Jose E.B. Antonio thanked Trump for his confidence in the company.
"Putting a Trump Tower in the Philippines is Century's contribution to making Metro Manila an international destination. We are overwhelmed by the response from the market to the Trump Brand and are grateful, as this now affords the city one of the most luxurious buildings in the world, comparable to the city centers of New York, Hong Kong and Singapore," Antonio said.
Most of the buyers of units at Trump Tower are high-net-worth Filipinos and foreign nations, according to CPG Director for Investor Relations Kristina Garcia.
"The successful sales of Trump Tower is a strong indicator of the power of Trump and how Century Properties has maintained its solid position as a key developer of first-class residential developments within the central business districts of Metro Manila, while it continues to diversify into other market segments," Garcia said.
Trump Tower's construction has reached the 27th floor as of early January 2015.