123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Megaworld Says ‘demand Boom’ In Iloilo Calls For More Residential Units

Profile Picture
By Author: VDS, GMA News
Total Articles: 39
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

A “demand boom” for residential property in Iloilo City has prompted developer Megaworld Corp. to add the 7th residential tower to its township development, Iloilo Business Park, the company said on Monday.

In a regulatory filing submitted by Dominic Isberto, vice president at Megaworld, the property developer said it is adding 152 prime residential units.

“The interest in Iloilo Business Park has built up to a level that we have never expected. Since the launch of the two hotels, the Festive Walk Mall and Festive Walk Parade, more people want to live in the township,” said Jennifer Palmares-Fong, vice president for sales and marketing.

The number of residential units in Iloilo Business Park has reached 1,819 with an aggregate take-up of around 90-percent to date, the company noted.

“Our residential pipeline is always demand-driven. If there will be more people looking for residential properties in the township, then we will continue to offer more residential properties,” said Fong. —VDS, GMA News

Source : http://www.gmanetwork.com/news/money/companies/664762/megaworld-says-demand-boom-in-iloilo-calls-for-more-residential-units/story/

For more information, please visit us at www.megaworldproperties.com

Total Views: 43Word Count: 165See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. Kumar Builders-best Builders In Pune-ready Possession Flats In Pune
Author: kumar builders

2. Which Mistakes Are Needed To Be Avoided If You Want To Sell Your House Fast?
Author: Rick Lopez

3. Benefits Of Living In A 55+ Community In Pittsburgh, Pa
Author: Charter Homes & Neighborhoods

4. Scaffolding Supports Start-up Construction Work And Helps To Save Time And Money
Author: Shahid Hussan

5. Ways To Find A Peaceful Home Communities In Fairburn, Ga
Author: Heatherland Homes

6. Affordable 2 Bhk Flats (1064-1276 Sq.ft) For Sale In Kompally With Modern Amenities
Author: kamal prakash

7. Buy An Apartment With Lifestyle And Healthcare Features In Raymond Tenx Habitat In Mumbai
Author: Siya Sharma

8. What Are The Important Facts Regarding The Real Estate Commissions?
Author: Rick Lopez

9. Reputation Over Repercussion
Author: Chirag Dash

10. Surfside Travels
Author: surfsidescrentals

11. The Many Benefits Of Inventory Reports Software
Author: Minesh Patel

12. Why Choose A Community Close To Bethany Beach, De?
Author: Liberty by Fernmoor Homes

13. 1100 Sq.ft Standalone Independent House For Sale In Dammaiguda, Hyderabad @ 5500/sq.ft
Author: kamal prakash

14. 7 Advantages Of Living In The Gated Communities
Author: Aurobindo Realty

15. Commercial Spaces In Hyderabad: A Popular Investment Trend
Author: Aurobindo Realty

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: