Filinvest
City expects a new addition to its upscale residential offering in the
244-hectare mixed-used community in Muntinlupa City.
Filinvest
Alabang Inc. (FAI), the property affiliate of Filinvest Development Corp. has
launched its newest project, Bristol at
Parkway Place.
Located at
the so-called Millionaire’s Row, Bristol at Parkway Place is estimated to
contribute P3 billion in fresh revenues for Filinvest Alabang, says FAI
executive-vice president Catherine Ilagan.
The
residential tower will consist of 345 units, most of which are 53-65 square
meter (sqm) one-bedroom and 100-110 sqm two-bedroom units, with just a handful
of 150 sqm three-bedroom units.
The upscale
condominium is the second of four towers in Parkway Place. Construction of the
tower, which is located at the corner of the so-called Millionaires’ Row, will
start in the first quarter next year.
“The market
is really high-end but smaller families like early and empty nesters or those
with small kids,” Ms Ilagan notes.
“Alabang is
still where expatriates go home to even when they work in Sta. Rosa [in Laguna]
and farther south,” she explains.
The launch
of Bristol at Parkway Place completes the diverse offering of the property
group in Filinvest City, Ilagan said. Other brands are Filinvest (homes,
condominiums, mid-rise buildings and townships), Futura Homes (homes and
townships) and Exclusive Collection.