Megaworld eyes P1.8-b revenue

Megaworld Corp., the property unit of business tycoon Andrew Tan, aims to generate P1.8 billion in revenues from the newly-launched residential tower within the central business district of Makati.

Megaworld head of sales and marketing for Makati Eugene Lozano said during the launching of Paseo Heights the project was 40 percent sold after a soft selling conducted late last year.

The 30-story Paseo Heights will have a total of 320 units consisting of studio and two-bedroom units.
A typical studio unit with sizes ranging from 30 to 35 square meters costs P3.3 million, while a two-bedroom unit with sizes ranging from 90 to 95 square meters costs up to P10 million.

For more details on Megaworld's Paseo Heights, you may contact Reby Ramirez: 0922.883.9308 / 0916.4044.555 / 0919699.3572 or reby_ramirez@yahoo.com.

For latest information on the Philippine Real Estate Industry and the Real Estate Service Act (RA9646), please visit www.ra9646.com.ph.