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Property giant Megaworld is building its second residential development in its 12.3-hectare Arcovia Citytownship along C-5 Road in Pasig City.
The expansive Arcovia Palazzo will be composed of three residential towers in varying heights: the 40-storey Altea Tower, 45-storey Benissa Tower, and the 49-storey Cantabria Tower.
With a total residential inventory of 1,472 units, the Arcovia Palazzo will offer a wide variety of residential units ranging from Studio with or without balcony (up to 32 square meters); one-bedroom with or without balcony (up to 46.5 square meters); two-bedroom with balcony (up to 77 square meters); and three-bedroom with balcony (up to 193.5 square meters).
Select bi-level units for one-bedroom and two-bedroom are also available, offering genereous layouts of up to 107 square meters for one-bedroom, and 139 square meters for two-bedroom.
Arcovia Palazzo will offer generous amenities at the fifth level that include an infinity pool with pool deck, pavilion, Jacuzzi, game room, fitness center, daycare center, outdoor seating lounge, children’s playground, function rooms, and a multi-purpose lawn.
At the towers’ ground level will be retail spaces that will have direct views of the iconic Arco de Emperador, the township’s own landmark.
Arcovia Palazzo is designed by UK-based world-renowned architectural firm, Broadway Malyan.
Megaworld expects to generate around P12-billion in sales from this new residential project, which is due for completion in 2025.
Last year, the company launched its first residential development in Arcovia City, the 37-storey 18 Avenue de Triomphe, which offers 576 units worth P4-billion. The tower, due for completion in 2023, is now almost sold out, and its construction has already commenced.
Arcovia City recently won the ‘Best Mixed-Use Development’ in the 2019 Philippines Property Awards.
Currently, the township is home to Landers Superstore and the Arcovia Parade commercial area, as well as the Arco de Emperador.
Once completed, the township will become a master-planned mixed of residential towers, office towers, commercial developments, and parks in one sustainable community along the C-5 corridor.