Megaworld Corporation is building its first upscale residential village, with a sales value of P6.5 billion, inside the 140-hectare Maple Grove township in General Trias, Cavite.
In a disclosure to the Philippine Stock Exchange, the firm said its 22-hectare Maple Grove Park Village will be a luxury resort-inspired residential community that offers 377 lots, ranging in size from 280 square meters up to more than 500 sqm.
Megaworld First Vice President for Sales and Marketing Eugene Em Lozano said the lots will be sold at an average of P50,000 to P53,000 per square meter or about P14 million to P27 million per lot.
The exclusive, gated Maple Grove Park Village will be highlighted by up to 10 different lush parks and communal gardens inspired by spa and wellness landscapes and activities for its future residents.
“Maple Grove Park Village is inspired by contemporary tropical architecture that naturally exudes a sense of ease and warmth perfectly suited for a resort-style residential setting,” said Lozano.
He added that, “The Village will be strategically located in the more secluded part of Maple Grove to give residents utmost exclusivity and privacy, while still allowing them to have access to all the modern conveniences that the township has to offer.”
Nearly 40 percent of the property will be allocated to green and open spaces. It will also have an underground cabling system, with provisions for fiber-optic cables.
Maple Grove features residential condominiums, office towers, a soon-to-rise lifestyle mall, and a transport hub.