THE first of what will be a five-tower residential condominium complex in Cebu’s Asiatown IT Park is nearing completion, and on track to meet its estimated third quarter 2017 turnover date.
Avida Towers Riala Tower 1, a project of Ayala Land subsidiary Avida Land, is “approximately 80 percent” complete, according to a company representative. According to PH Property, the sales agent for the property, turnover is estimated in the third quarter of the coming year.
The project will offer units ranging in size from 22.6 sqm studios to 56.8 sqm meter two-bedroom units, and ranging in price from P2.1 million to P5.3 million.
A significant feature of the Avida Towers is that 40 to 50 percent of the land area of the project site is set aside as open space, which will contain a large central park, six smaller gardens, and an “amenity deck” with two swimming pools.