AYALA-led real estate developer Alveo Land said on Tuesday it has successfully launched the first phase of its residential subdivision in Evo City, generating P3.5 billion in sales for the initial 395 lots of the subdivision.

In a statement, Alveo said it sees Evo City as the next Central Business District (CBD) of the south and one of the prime commercial and residential destinations in the country. It is located in Kawit, Cavite.

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