New hub in condo living

From New York bankers to Parisian artists, urban dwellers hail the city as the nexus of modern civilization. A bold claim, and a valid one, since half the world’s population – about 3.3 billion people – now live in metropolitan areas, according to a 2007 United Nations Population Fund report.

City governments cope with this deluge of residents by extending the land areas available, but those that have already reached zonal limits are expanding vertically with taller structures. These include high-rise condominiums, which have experienced a boom in demand locally, especially in crowded Makati.

Of these developments, one of the most anticipated is One Pacific Place, soon to rise in the premier neighborhood of Salcedo Village. Sharing her thoughts on this exciting new project that incorporates the latest trends in urban condominium living is Miriam Lieuson, VP for public relations of ACI Group – Cactus Realty Corporation, one of the fastest growing developers in the Philippines.

Q: It seems an increasing number of buyers want to own a condo unit these days, especially among the younger market. What is causing this increased demand? Does One Pacific Place cater to this market?

A: Land is becoming a scarce commodity in premier cities like Makati. This has spiked land values, making it harder to build and invest in traditional homes. Because of this, up-and-coming professionals and starting families now see condo units as viable city abodes.

For more information, please call (632) 840-1168. Or visit One Pacific Place model units in the ACI Group-Cactus Realty Corp. Head Office at 147 H.V. Dela Costa St., Salcedo Village, Makati City 1227, Philippines or email them at [email protected].