Sunday, November 16, 2014
With units offered at less than P1 million, Urban Deca Towers is noted as the first high-rise with low-cost condominium rates in Metro Manila.
The Towers’ 1,148 units are priced between P990,000 to P1.25 million. It is the first high-rise project by 8990 Holdings Inc., a developer specializing in low-cost, mass housing projects.
In line with the firm’s brand and to cater to its target market, the Towers were designed for “micro-living,” with units at a compact 13.06 square meters. The units, additionally, were conceived of as a place to rent rather than to live in.
“Urban Deca Towers Edsa is not meant to be a primary residence, but rather targets a growing niche market of urban dwellers who are currently renting,” said the firm's President and CEO, Januario Jesus Atencio.
According to Atencio, the Towers are meant to provide “the opportunity to convert already existing budget into a monthly amortization.”
“Sales have been encouraging with at least 250 letters of intent that signifies a growing need for this type of housing in the metropolis,” stated the CEO.
The 42-story condominium stands in Brgy. Highway Hills in Mandaluyong. Primed for students and workers who live in districts south of the Metro – like Laguna, Bulacan, and Cavite, for instance – the Towers allow for a shorter commute, what with access to nearby jeepney terminals and the Metro Rail Transit line 3 (MRT3).
The Towers have four basement levels, 147 parking slots, a convenience store, a Laundromat, a food hall, a lounge area, commercial provisions, and CCTV security cameras. Units, meanwhile, are telephone- and cable-ready, and pre-equipped with airconditioning, a microwave oven, cabinets, a mattress, curtains, and a small dining table.