Friday, December 21, 2012

Ayala Land announces record sales at The Suites - Property Report

Sales at the Suites have been some of Ayala Land?s best in recent years.

Ayala Land Inc. announced brisk sales of residential units in its upscale 63-storey The Suites project in Bonifacio Global City, Inquirer Business reported.

The Suites are Ayala Land?s most expensive but best-selling residential project in recent years, according to Inquirer Business.

Ayala Land Premier group head Jose Juan Jugo said the 298 residential units in this project were 99 percent taken up in the first day of selling. Encouraged by the strong demand, ALP is now planning the sequel to this project.

The Suites are located at One Bonifacio High Street, the future home of the Philippine Stock Exchange, a high-end shopping center and Shangri-la hotel.

The single tower, which was unveiled last June, has an estimated sales value of about PHP10 billion (US$244 million), Jugo said. The units are selling higher than any other residential project launched by Ayala in BGC or in Makati.

Units in The Suites are targeted for turnover to buyers by the third or fourth quarter of 2018.

Filed Under: Country News ? News ? Philippines

Tags: ayala land ? bonifacio global city ? new developments ? Philippines ? residential sales ? the suites

Source: http://www.property-report.com/ayala-land-announces-record-sales-at-the-suites-26718

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