PH1 World Developers Inc., the real estate arm of Megawide Construction Corp., disclosed plans to build nine new projects in
Megawide chairman and chief executive Edgar Saavedra expressed optimism on the strong demand for the projects, which incorporate new technologies and design that give up to 38-percent more usable space in the form of lofts at no extra cost.
Alcantara noted a strong demand for their vertical projects despite the rapid increase in prices. She said the price of units at The Hive Residences in Taytay, Rizal jumped from P55,000 per square meter when the project was launched in 2015 to P108,000 today, translating into an increase of 97 percent in capital appreciation.
The company expects the completion of My Enso Lofts, a 45-story residential development on a 3,000-square-meter lot at the corner of Timog Ave. and Sgt. Esguerra St. in Quezon City and Modan Lofts on a 16-hectare site in Taytay, Rizal by 2026.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Extra space at no extra cost’PH1 World Developers, Inc. (PH1WD), the property development arm of Megawide Construction Corp. (Megawide), recently secured a Php3 billion Developmental
Read more »
The brave, bold delicious world of One World DeliTo say that Jun Sy is a committed foodie would be an understatement. Other people would go abroad to savor
Read more »
China’s state developers warn of major losses as crisis spreadsChina’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from the private sector to companies with government backing. Eighteen out of 38 state-owned enterprise (SOE) builders listed in Hong Kong and the mainland reported preliminary losses in the six months ended June…
Read more »
Smart teams up with Huawei and Ericsson for world-class mobile network experience ahead of FIBA Basketball World Cup 2023To welcome the world’s biggest basketball tournament, FIBA Basketball World Cup 2023 global partner Smart Communications, Inc. (Smart) has teamed up with its technology partners Huawei and Ericsson to further expand and permanently optimize its LTE and 5G mobile network coverage across all FIBA Basketball World Cup venues. Smart subscribers…
Read more »
Smart teams up with Huawei, Ericsson for FIBA network coverageTo welcome the world’s biggest basketball tournament, FIBA Basketball World Cup2023 global partner Smart Communications, Inc. (Smart) has teamed up with itstechnology partners Huawei and Ericsson to further expand and permanently optimizeits LTE and 5G mobile network coverage across all FIBA Basketball World Cup venues.
Read more »
Cultivating the world’s second most expensive spiceOne of the reasons why vanilla pods are expensive is because they’re labor extensive to pollinate and challenging to grow
Read more »