Ayala Land Premier (ALP) is expanding its footprint outside Makati and Taguig as it creates two multibillion-peso luxury residential towers at the heart of northern Metro Manila.
ALP, the luxury brand of listed Ayala Land Inc., is braving Quezon City’s (QC) property market with the establishment of the high-rise Parklinks North and South Towers.
At a recent press briefing, the project’s marketing manager Tomas Cadiz said the decision to launch high-end residential towers in Quezon City was buoyed by the fact that 40 percent of people who live in the most exclusive divisions in Metro Manila prefer the northern part of the metropolis.
The company was also bullish on enticing buyers as it was able to touch the main considerations in purchasing a property, which include educational establishments, other key institutions and commercial centers, Cadiz said.
Parklinks North Tower, which was launched in November, has been realizing strong traction as it already sold close to 70 percent of its available inventory, making it possible to hit the expected P12.7-billion sales.
Average price per square meter (sqm) was initially about P280,000, but given the encouraging performance in the market, its value appreciated by 15 percent to over P320,000 per sqm.
The 55-story building will boast of a total of 280 units with one- to four-bedroom configuration, from 70 sqm to 306 sqm, with prices ranging from P22 million to P120 million.
It also offers a four-bedroom Sky Villa. With only nine available units of this type, it offers a rare residence on the highest floors with an expanded living and dining experience, as well as a master suite almost as large as a one-bedroom unit. The three-bedroom Horizon Villa, with only two units of this type, is an expansive bi-level unit with a sizable veranda located on the 45th and 46th floors.
ALP is also preparing amenities like an outdoor lounge, pool complex, fitness center, social hall, children’s play area and sports court.
The Parklinks North Tower, sitting on Parklinks — a 35-hectare master-planned, mixed-use and sustainable estate — will also flaunt expansive views as its location has no high-rise structures.
“It will be the first residential development within what is envisioned to be the greenest urban estate in Metro Manila, providing a unique living experience. Residents live in an exclusive residence surrounded by nature and vast open spaces but, at the same time, are still provided the convenience and accessibility of living in a highly urban area,” ALP said.
Parklinks North is set to be finished by the third quarter of 2025, with ALP investing P7 billion.
The construction of the second tower, Parklinks South, will be announced in the next few weeks.