The vertical development arm of the Villar-led Vista Land and Lifescapes Inc. reported that it has almost sold out the ready-for-occupancy units of its P1.4 billion Ortigas project, which the company attributed to its prime location.
In a statement, Vista Residences President Elizabeth Kalaw said that its The Currency project has less than 50 ready-for-occupancy units left in its inventory.
The Currency is a 32-story mixed-use development located at the heart of the Ortigas Business District at the juncture of F. Ortigas Jr. Avenue, Julia Vargas Avenue, and Garnet Road. The project was launched in 2010.
Kalaw stressed that the project offers a prime location surrounded by offices, hotels, schools, and malls.
The mixed-use project offers a total of 324 residential units located on the 10th to 32nd floors.
“These consist of 131 studio units, 171 one-bedroom units, and 22 two-bedroom units,” Vista Residences said.
Price points of the residential units range from P145,000 to P160,000 per sqm. for 25-sqm studio units; P155,000 to 165,000 a square meter for a one-bedroom flat; and P160,000 to P165,000 per square meter for a two bedroom unit.
Vista Residences noted that the project is targeted at entrepreneurs and upwardly-mobile executives with offices in the Ortigas CBD.
Aside from the residential component, The Currency also features retail and office units.
“The Currency has retail units for lease at the first three floors with about 20 tenants serving building occupants as well as nearby offices,” the company said.
The 32 office units of the mixed-use development are located from the fourth to ninth floors. Vista Residences said that the office units have already been sold out.
“Unit owners have the option to have their units managed and leased out by Vista Residences’ leasing group,” the company said.
Moreover, the project offers residents amenities such as a swimming pool, fitness gym housing with top-of-the-line exercise equipment, and a lounge area, all of which are located on the 10th level of the development.
“The Currency presents the modern-day urbanite with the duality of enterprise and escape. It has hanging gardens on the 10th floor which serve as havens offering an exquisite panorama of the city—several cities, in fact,” Kalaw said.
Apart from the amenities the project offers, residents will also be assured security as concierge and security personnel will man the main foyer to address the needs of the tenants.
Also, the project offers five-levels of parking and 24/7 security, including a CCTV system in all the common areas.
Furthermore, tenants of the Ortigas development will be offered privacy, as it will have separate lobbies for residents and office workers.
“The residential lobby comes with three elevators while the office spaces will be served with two, to prevent the crush during peak hours,” Vista Residences said.