Poised for completion in the third quarter of 2017, Urban Deca Towers, located across Farmers Market in Cubao, Quezon City, is expected to raise P4.5 billion in sales.
8990 Holdings Inc. stated that the condominium tower will be launched in 2016. Spanning 4,200 square meters -- a lot bought for P399 million -- the condominium consists of 4,500 units priced at P1 million each.
A stone's throw from major establishments in the center of Cubao, the development is "decent, clean, safe, secure and flood-free," stated the company -- ideal for workers who need an address close to their jobs. Residents will have plenty of options for public transportation, among them jeepneys, buses, the MRT3, and LRT2, whose stations are walking distance from the condominium.
"The property is also situated near the Cubao station of the Metro Rail Transit line 3 (MRT-3) along EDSA and the Araneta Center – Cubao station of the Light Rail Transit line 2 (LRT-2). Both systems are interconnected with the LRT-1 that runs from Baclaran in Pasay City all the way to Roosevelt in Quezon City," said the company.
The firm stated that "[t]he low-priced condo units would provide shelter for those working in the metropolis allowing them to avoid the horrendous traffic jams when going to work."
To this end, the the tower "adopt[s] the halfway house concept addressing the real need of workers in Metro Manila," according to 8990 Holdings.
Similarly, the company's first Urban Deca Tower, located in Shaw Boulevard, Mandaluyong, is situated right along EDSA. It is scheduled for completion in the third quarter of 2017, with 1,148 units.
Urban Deca Towers is the firm's brand of low-cost residential towers.