Real Estate

Megaworld launches third condo cluster in Cebu

The Philippine Star

May 24, 2013 | 3:20pm

MANILA, Philippines - Citing a strong demand for residential condominiums in Cebu, real estate developer Megaworld launched its third residential cluster, One Manchester Place, in its 20-hectare "The Mactan Newtown" township in Lapu Lapu City.

The company has started pre-selling the 18-storey first tower of One Manchester Place this month. This brings the total number of residential buildings in the township to eight.

The first residential cluster composed of four towers, 8 Newtown Boulevard, has been fully sold out mostly to Japanese retirees less than six months after it was launched last year. This prompted the company to launch its second residential cluster of three more towers, One Pacific Residence, in third quarter of 2012.

The cluster, which will have its own mall and office tower, was sold out fast due to the increasing demand from both local and foreign buyers.

Boasting a redefined living experience in a township masterpiece, Megaworldâ€™s One Manchester Place is envisioned to bring another sophisticated lifestyle to the future residents of The Mactan Newtown, highlighted by the spectacular views of the historic Mactan Shrine, Magellan Bay and the Hilutungan Channel, and a direct access to a mall that will soon rise in the township.

Available units are executive studio (starting from 42 sqm including balcony), one-bedroom (starting from 56 sqm including balcony), two-bedroom (starting from 70 sqm including balcony), and three-bedroom (starting from 92 sqm including balcony).

Each unit is fitted with pre-fabricated closets for bedrooms, sleeping dens, and kitchen cabinets. Each kitchen will be pre-furnished with four-burner (for two and three-bedroom units) and two-burner cooktops (for one-bedroom units) as well as oven and range hood.

Future residents will have exclusive access to the second-level amenities floor which includes a 25-meter lap pool with sunbathing deck, in-water pool lounge and pool spa, childrenâ€™s pool, pavilion, reflexology path, indoor spa, fitness and taichi area, state-of-the-art fitness gym, jogging path, dry zen garden, flower garden, childrenâ€™s playground, reading nook, daycare center, business center and a function room.

Megaworld chairman and CEO announced in February that the company is earmarking P20-billion for the development of The Mactan Newtown in the next five to seven years.

The Mactan Newtown, with a land area of more than 20 hectares, is Megaworldâ€™s first masterplanned mixed-use development in Central Visayas inspired by the company's pioneering 'live-work-play' concept. Aside from residential condominiums, the township will also be composed of office towers, retail and commercial strips, malls, a hotel as well as leisure and entertainment amenities.

The company has been known for its successful township developments in Metro Manila such as Eastwood City, McKinley Hill, Forbes Town Center and Newport City. In the Visayas, the real estate giant is also building Region 6â€™s biggest business district, the P25-billion Iloilo Business Park located at the site of the Old Iloilo Airport in Mandurriao, Iloilo City.

For more inquiries on One Manchester Place, call (0999) 993-1990 or e-mail [email protected].