MANILA -- Property developer Megaworld Corp. said that it expects to generate PHP7 billion in sales from the second tower of its residential condominium development in Fort Bonifacio.
In a disclosure to the local bourse, Megaworld said it introduced to the market Wednesday the 25-storey residential building to the market in order to meet the huge demand even as prices have gone up significantly.
Its third residential condominium development, Park McKinley West, has sold the entire first tower just two months after it was launched in May with total sales of around PHP6.5 billion.
Megaworld said the second tower of Park McKinley West is expected for completion by 2023.
Park McKinley West is the fourth residential development launched in McKinley West, which is located in the southern part of Fort Bonifacio.
Other residential developments launched in the township were McKinley West Village, St. Moritz Private Estate and The Albany. (PNA)
