CPG Citing continuous strong demand from the overseas Filipino market, listed real estate company Century Properties Group Inc. (CPG:PM) announced that it has substantially pre-sold six residential buildings that are scheduled for completion in 2015. Reservation sales came from its affordable to mid-market projects, such as the Positano and Miami towers of Azure Urban Residences in Parañaque City, Niagara and Sutherland towers of Acqua Private Residences in Mandaluyong City, and Osmeña West tower of the Residences at Commonwealth in Quezon City. Also included is the luxury development Milano Residences at Century City, Makati. The six projects have a total of 3,000 units, of which approximately 95% are sold. The projected sales value of these projects is over Php 15 billion. Century’s Director for Investor Relations Kristina Garcia attributed the strong sales to the real demand for mid-market and affordable housing from overseas Filipino workers.
Posted on: Thu, 08 Jan 2015 06:19:09 +0000
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