
ARTHALAND CORP. is targeting four international and local green building certifications for its latest premium residential project, Sondris, developed through a strategic joint venture with Mitsui Fudosan (Asia) Pte. Ltd.
The 41-storey vertical residential development project, located along Arnaiz Avenue and Benavides Street in Legazpi Village, Makati, will house a total of 252 units, according to Arthaland. Sondris will offer one-bedroom units ranging from 46 to 61 square meters (sq.m.), two-bedroom units at 91 to 114 sq.m., three-bedroom units at 135 to 137 sq.m., and exclusive Garden units at 180 to 230 sq.m.
The condominium will be developed through Arthaland’s subsidiary Zileya Land Development Corp., and Mitsui Fudosan (Asia), a Japan-based real estate developer.
Prices for the units start at P21.1 million, with turnover targeted by April 2030.
“Primarily, what we’ve noticed is a lot of our three-bedroom units (3BRs) and garden units are selling out,” Pamela S. Go, head of marketing for Arthaland Corp., said during a media briefing on Friday last week.
Ms. Go said buyers eyeing the property are a mix of investors from international and local clients.
“Majority (invest) in one-bedroom (units). And then three-bedrooms, those are mostly from the south who want to downsize and still want to live within their families in the nearby villages. We’ve also seen international investors, but only a few for the two-bedroom units,” Ms. Go added.
Once completed, the total net land area will stand at 2,018 sq.m. The building will have around six to 10 units per floor.
Sondris will be strategically located near educational institutions like the Asian Institute of Management, Assumption College San Lorenzo, and Colegio San Agustin Makati.
Arthaland says the project is vying for four major green building certifications namely Leadership in Energy and Environmental Design Gold, WELL Building Standard, Excellence in Design for Greater Efficiencies, and Building for Ecologically Responsive Design Excellence.
Ms. Go said in terms of energy savings, the building will have lower electricity and water bills compared to most residential developments, as it allows investors to count on 40% in energy savings and 20% in water savings.
The article was originally published in Business World and written by Juliana Chloe A. Gonzales.
If you like this article, share it on social media by clicking any of the icons below.
More Stories
PHL property: Cycling through risks, anchoring on resilience
‘Flight to the South’ benefits green developer Arthaland
Empire East Highland City takes shape as flagship future-ready township