Friday, August 15, 2008
Floorplan: The Venice Luxury Residences
You've seen the renderings. Now look at the floor plan of the 7 tower luxury residences.
Megaworld to launch P12.5-B Bonifacio condo project
By Elizabeth Sanchez-Lacson
Philippine Daily Inquirer
Property firm Megaworld Corp. said it would launch its fifth high-end residential condominium cluster in Fort Bonifacio Global City, in Taguig City, dubbed “The Venice Luxury Residences,” which it said was estimated to cost P12.5 billion.
In a disclosure, the company said the new project would follow the soon-to-be-completed McKinley Hill Garden Villas Phase 1 and 2 and McKinley Hill Tuscany Private Estate, which it said enjoyed brisk preconstruction sales. Other Megaworld residential condominium projects in McKinley Hill include the three towers of Stamford Executive Residences and the Morgan Executive Suites.
Read full story and view photos after the jump.
The Venice is to be built on a 2.1-hectare site in the 50-hectare McKinley Hill, Megaworld’s biggest new township project to date. Construction is targeted to start next year for the first tower. The whole project may be completed in five to seven years.
Megaworld first vice president for marketing and project head, Noli Hernandez, said The Venice would have “avant garde amenities that bring back Old World romanticism.” Megaworld said it consulted the Italian architectural firm Paolo Marioni Architetto of Rome.
Average unit prices for the 31-story The Venice are P3.6 million for a 40.3-square-meter studio, P6 million for a 66.4-sqm one-bedroom unit, P9.5 million for a 102.6-sqm two-bedroom unit, and P11 million for a three-bedroom unit at 119.5 sqm.
The Venice’s seven towers will be integrated with the McKinley Hill Town Center’s Venetian Mall, which features a “Grand Canal” where residents and visitors can take a gondola ride and pass by a “Rialto Bridge,” a “St. Mark’s Tower,” “Clock Tower,” shopping promenades and a “Piazza Grande.” The Venetian Mall is slated for opening late next year.
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