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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.
Filinvest Alabang also targets investors particularly for the one- and two-bedroom units.
“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.