Century Properties Group targets completion of 2,000 condo units by Q2 2021

WITH construction work ramping up after a three-month lockdown in the second quarter, listed real-estate firm Century Properties Group (CPG) said it is targeting to complete about 2,101 condominium units by the second quarter of next year.

Assuming Metro Manila lockdowns will continue to ease, CPG said it targets to complete around 500 units at The Residences at Commonwealth in Quezon City by the end of 2020. These units are in Quirino East and West Towers, the 6th and 7th buildings respectively, in the eight-tower residential community. The first five towers (Osmeña West, Roxas East, Quezon North, Osmeña East, Roxas West) are complete, while the Clubhouse has been fully operational since April 2019. The Lap Pool, Kiddie Pool, and outdoor Play Area for kids were completed in the first quarter of 2020.

CPG is also targeting the completion of 1,600 more units by batches from February 2021 to April 2021 in Bali and Monaco towers at the Residences at Azure North in San Fernando, Pampanga. Certain amenities, such as the Club House and the Wave Pool, are expected to be completed in the third quarter of 2021.

Company President and CEO Marco R. Antonio said while the current construction pace and number of workers are less than pre-quarantine levels, “we are increasing this progressively as we observe strict safety protocols in our project sites and manage completion timelines to deliver the units to our buyers.”

At the mixed-use development Century Spire at Century City in Makati, construction has reached top off levels and façade glass installation has reached the 29th floor. The office and condominium tower, designed by renowned architect Daniel Libeskind, is being installed with 33,594 square meters of unitized and semi-unitized curtain wall system with insulated glass units, and a storefront curtain wall system with glass canopies at the ground floor.

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Article and Photo originally posted by Business Mirror last September 29, 2020.

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