Megaworld putting up 4th condo in Uptown Bonifacio

MANILA, Philippines — Andrew Tan-led Megaworld Corp. is building its fourth residential condominium development in its 15.4-hectare Uptown Bonifacio township in the northern part of Fort Bonifacio.

In a disclosure yesterday, Megaworld said the project would be a 45-story Uptown Arts Residence that would offer an additional 452 residential units in the bustling township.

There will be spacious units and amenities, said  Noli Hernandez, senior vice president for sales and marketing at Megaworld.

“Uptown Arts Residence boasts of its strategic location in the entire Fort Bonifacio. It has the fastest access to the new transport infrastructure projects, and it stands right next to Uptown’s own array of dining, shopping and entertainment establishments,” he said.

Residential units range from studio units of up to 41.5 square meters, one-bedroom type of up to 66 sqm, one-bedroom loft of up to 117 sqm, two-bedroom units 98.5 sqm, three-bedroom flats (125 sqm) and three-bedroom lofts (168 sqm). All units have balconies, while those in the amenity deck have their own spacious lanai.

The executive and loft-type one-bedroom, two-bedroom and three-bedroom units will all have maid’s rooms with own toilets. All three-bedroom units will have bath tubs in their master bedrooms.

The tower’s main lobby and amenity floor will offer free WiFi access to its residents and guests.

The project will rise along 9th Avenue near Uptown Mall and Uptown Parade and will be strategically located beside the proposed Skytrain Uptown station, a monorail project of affiliate Infracorp.

The monorail will connect Fort Bonifacio to MRT Guadalupe station in Makati City. It will also be just a few blocks away from the Kalayaan station of the proposed Mega Manila Subway project.

It will also have access to Kalayaan Avenue towards EDSA and C5. It is also just a few blocks away from the bridge that is currently being constructed over Pasig River that will link Fort Bonifacio to Ortigas. Once completed, travel time from Uptown Bonifacio to Ortigas will only take less than 10 minutes.

Uptown Arts Residence’s amenities include an infinity pool with its own pool deck, outdoor lounge, daycare and children’s play area, fitness center and function room.

Megaworld expects to generate P10 billion in sales from the new residential project, which is slated for completion in 2024.

The 15.4-hectare township is also home to Alliance Global Tower, the corporate headquarters of Megaworld.