Megaworld to Build Third Tower for Park McKinley West

First two towers of Park McKinley with sales inventory of almost P14-B sold out in less than a year

As property giant Megaworld experiences a spike in the demand for residential properties inside its 34.5-hectare McKinley West development in Fort Bonifacio, the company has launched a third tower for Park McKinley West, one of the residential condominium clusters in the township.

Standing 25-storeys high, the third tower of Park McKinley West offers spacious unit layouts ranging from one-bedroom (up to 70.5 square meters); two-bedroom (up to 110 square meters); three-bedroom (up to 212 square meters); four-bedroom (up to 229 square meters); and five-bedroom (up to 336 square meters).

Designed by UK-based multi-awarded architectural firm Broadway Malyan, the third tower of Park McKinley West will have generous amenities that include a swimming pool with its own pool deck, children’s pool, game and entertainment room, yoga room, outdoor yoga deck, function halls, and a fitness center. The property will also have its own roof deck garden and a skygarden at the 15th level.

“The residential market in McKinley West is growing bigger. We sold out our first tower for Park McKinley West in just two months last year, and when we launched our second tower in July, it only took us only a few months again to sell it out. Today, prices of residential units in Park McKinley West rose to almost P265,000 per square meter compared to P218,000 per square meter when we first launched it a year ago,” explains Noli D. Hernandez, senior vice president for sales and marketing, Megaworld.

The tower’s ground level will also host to some retail stores and dining establishments, providing lifestyle convenience to future residents. The residential tower will also have its own three-level parking facility.

The company is expecting to generate around P8-billion in sales from this new tower alone. The project is expected for completion in 2024.

Park McKinley West is the third residential development launched in McKinley West, just beside the upscale community of Forbes Park and the Manila Polo Club.

The company is also building two upscale mid-rise residential developments in the township: St. Moritz Private Estate and The Albany.

The township is also home to the upscale McKinley West Village, a sprawling high-end residential village.


Source:
https://www.megaworldcorp.com/news-and-updates/megaworld-build-third-tower-park-mckinley-west
Posted June 3, 2019