Megaworld Central Properties Inc. president Anthony Charlemagne Yu cites two main reasons: the good economic fundamentals and the confidence of local buyers and foreign-based Filipinos to invest in property. "The stock market is doing very well, the banks are lending at very low rates, and there is a strong interest to purchase homes. These are the perfect ingredients for the property sector to reach a hypergrowth stage," Yu shared.
"A very good example that the property sector is now tracking a hypergrowth stage is our Manhattan Garden City project. After launching it late last year, we have sold out our first tower, close to 500 studio units and one-bedroom and two-bedroom suites in a few months’ time," he proudly declared.
According to Yu, Manhattan Garden City enticed many investors for so many reasons. The project is located at the very heart of Metro Manila, within the Araneta Center. It’s the country’s first transit-oriented project that boasts of direct connection to both the LRT2 and MRT3. Its five-hectare podium area hosts top-notch amenities. "I could go on and on but it’s best that those interested should go to see the project for themselves, at our Gateway Mall showroom," Yu advised.
With such good results, Megaworld Central Properties and its joint venture partner for the project, the Araneta Group, are now fast tracking the launch of Manhattan Garden City’s Tower 2. "We are launching way ahead of schedule, and we are now working on new unit layouts and new interior designs that anticipate and reflect the luxurious lifestyles of our highly discerning clients."
Last December, Megaworld Corporation and Security Bank launched Homelite, which offers low interest rates and long payment terms, with Manhattan Garden City as one of the primary projects for this groundbreaking loan package. As a result, the already high interest for Manhattan Garden City among homebuyers intensified even further.
"Is there anything else that homebuyers can look for? The location is strategic, the payment terms are varied and affordable, and Megaworld has a strong track record as a trusted property developer. Like our Tower 1, we expect Tower 2 to be sold out in record time as well," Yu noted.
Interested homebuyers can check out the Manhattan Garden City showroom at the 3rd level of Gateway Mall or call 810-3333 or email inquire@themanhattangardencity.com for a viewing appointment.