Citicore property unit to launch P6.8-B condo in Taytay - BusinessWorld Online

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CITICORE Holdings Investments, Inc.’s property arm is set to launch a mid-rise development in Taytay, Rizal by the first quarter of next year from which it expects up to P6.8 billion in sales.

The mid-rise development named Modan Lofts Ortigas Hills will be under PH1 World Developers, Inc., a sister company of Megawide Construction Corp., which is the contractor of the project.

“This is our ideal development. We don’t want to make it too dense,” PH1 and Megawide Chairman and Chief Executive Officer Edgar B. Saavedra said during a media briefing on Tuesday. The project’s one-bedroom unit is at 30 square meters plus an additional space from a built-in loft. A two-bedroom unit measures 38 sq.m., excluding the space of the loft.

 

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