MANILA, Philippines - A unit of Megaworld Corp. is building the first residential condominium in Southwoods City, a township in the boundaries of Carmona, Cavite and Binan, Laguna.
Global Estate Resorts Inc. said it is developing Holland Park, a low-rise residential condominium cluster with initially 161 units.
"As the first condominium development in Southwoods City, Holland Park will offer first-of-its-kind residences featuring the famous architectural wonders of Copenhagen. These residences right at the heart of the booming Southwoods City CBD will be perfect for families finding a refreshing abode surrounded by the lush greeneries of the township’s own golf course," Rachelle Peñaflorida, vice president for sales and marketing of Megaworld Global-Estate, said.
Holland Park, which will have studios to three-bedroom units, is located within walking distance of the proposed Southwoods Mall.
The project is expected to be completed by 2017.
"The rising demand for properties in Southwoods City prompts us to launch the first condominium project in the township, just a few months after we reached 90% sold out for Pahara," Penaflorida said.
Pahara, a 26-hectare upscale residential village in Southwoods City, was launched in March.
Megaworld is developing Southwoods City as a another central business district south of Metro Manila. It will have a cyberpark, malls, schools, church, open parks, leisure facilities, a weekend market, transport hub as well as residential villages and golf course.