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Buildings and Structures Miscellaneous Eton launches second property development
Buildings and Structures Miscellaneous Eton launches second property development
| Eton launches second property development |
| Sunday, 17 June 2007 15:57 | ||||||
 ton Properties Philippines Inc., the real estate arm of the Lucio Tan Group of Companies, launched on Thursday its second property development, the Eton Baypark Manila, which is located in the corner of Rizal Park and Manila Bay.Danilo Ignacio, Eton Properties president and COO, told reporters on Thursday that the residential condominium building will have a total of 210 units in 25 storeys and will be fully constructed in December 2010. "The development cost of this project is already included in the approved P10 billion capital expenditures that we announced earlier," Ignacio said. He said the units will either be studio units, which will have an area of 33.7 square meters and priced at P2.5 million, and two-bedroom units, with floor area of 93 square meters priced at P9 million. The project will have an unobstructed views of Rizal Park and Manila Bay. Following this project, the company is also set to launch in the third quarter of the year two other developments in the Ortigas area. The first is a residential condominium and another that would cater to business process outsourcing companies. Eton's first development, Eton Residences Greenbelt, was launched last April. - Cheryl Arcibal, GMANews.TV
Tags: development developments unobstructed condominium outsourcing residential companies. gmanews.tv greenbelt residences
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