MANILA, Philippines - In response to the strong interest in residential units that offer the unique conveniences of upscale condominium living in the southern part of the metropolis, Filinvest Premiere recently broke ground on the 40-story Bristol at Parkway Place.
The Bristol is the second development in Parkway Place which is part of a series of residential towers in a new neighborhood highly favored by a growing expat community based in Southern Metro Manila
Among high-end Metro Manila residential condominium projects, those in Filinvest City have appreciated in value by as much as 40 percent in the past seven years, indicating strong demand for this real estate line, according to Kate Ilagan, executive vice president of Filinvest Alabang Inc.
Close to 90 percent of the residents of the three other towers on Filinvest City’s Parkway Avenue neighborhood are foreign nationals working in the industrial parks of Cavite, Laguna and Batangas, she said.
“They highly appreciate that this residential enclave which will include the Bristol in 2018 is highly accessible to the Calabarzon industrial parks and a short drive on the Skyway from Makati,” said Ilagan.
She is optimistic that with the improving Philippine economy and the resurgence of the Philippines as a manufacturing and logistics hub, Bristol and other residential condo developments on Parkway Avenue will become a preferred address of expats as well as of young families seeking the blue skies and fresh air of Southern Metro Manila. In fact, the neighborhood which includes the Palms Country Club has been aptly nicknamed “Millionaires Row.”
Residential condominium living is highly preferred by foreign executives and other individuals because of its conveniences and tight security. Residents particularly appreciate that they can call the building service crew for wear-and-tear repairs like leaking faucets and bulb replacements and that common areas are closely monitored. At the Bristol, residents will enjoy round-the-clock access to service crews, emergency power at selected outlets and lights in their units during brownouts, as well as security features like a 24-hour security center and parking areas that require high-tech access cards.
Ilagan disclosed that to further attract residents with a natural affinity for condo living, the Bristol has been designed to be an iconic landmark of Filinvest City by globally renowned Architecture International and Casas + Architects. “It will be the tallest structure in the Filinvest community,” according to her.
Moreover, the Bristol and other buildings on Parkway Place are just a short walk away from a myriad of dining, retail and entertainment options available at Festival Supermall. This stretch of prime residential buildings will soon have convenient access to the largest retail hub of the south via a scenic lower ground walkway leading to the mall’s latest waterway called Riverpark.
Bristol residents will also have access to amenities like swimming pools, an outdoor lounge, library, function rooms for entertaining, an entertainment/ media room for private film showings, a meditation yoga deck and plush landscaping.
Ilagan said the values of Filinvest condo projects on Parkway Avenue have consistently been rising since 2007 indicating strong market confidence in the property giant’s upper end residential condominium line. “The company has established a track record and will continue to expand its market share in this niche,” she pointed out.
For more information, call (0917) 877-0888 or log on to www.bristol.com.ph for more details. Also visit the Bristol at Parkway Place Showsuites at 1115 Corporate Avenue, Filinvest City, Alabang, Muntinlupa City.