Megaworld launches P1.9-B condo in Bacolod

Megaworld Corporation expects sales of P1.9 billion from the fourth residential condominium development inside the 34-hectare The Upper East township in Bacolod City.

In a disclosure to the Philippine Stock Exchange, the firm said the newly-launched, 12-storey Herald Parksuites will offer 246 units with sizes ranging from Studio up to Two-Bedroom Loft with Lanai.

“Taking inspiration from the posh apartments in New York City’s Upper East Side, this new residential tower will highlight Bacolod’s first ‘smart home’ amenities in a condominium with select loft units in generous layouts,” said Megaworld Bacolod Vice President for Sales and Marketing Jennifer Palmares-Fong.

Each unit is equipped with wireless smart home system and devices with WiFi router, video intercoms, as well as a standby power generator for a lighting fixture in the living area.

All kitchens will have their own cooktop burners with two-bedroom units having their own built-in ovens, while loft-type units’ bedrooms and living rooms will come with inverter split-type airconditioning units.

Herald Parksuites will feature a central amenity floor that connects to the amenity floor of Two Regis, the adjacent tower where it will be built.

The amenities include an adult pool and a children’s pool; a pool lounge and a pool bar; reading nooks; children’s playground and daycare center; fitness center; function room; private dining room; game room; covered path walks; and Wi-Fi internet access.

The residential tower will also have its own basement parking facility and the ground floor will have access to a retail arcade.

It will also be highlighted by numerous green and sustainability features, such as low flow fixtures for water conservation, light sensors at hallways for energy conservation, use of building equipment with high energy efficiency ratings, and facilities like rainwater harvesting and re-use, as well as its own material recovery facility.

“This new tower is jampacked with first-of-its-kind features and we are excited to offer all of these to our future residents,” adds Palmares-Fong.

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The article was originally published in Manila Bulletin and written by James A. Loyola.