Andrew Tan sees P29-B sales from 6th condo tower


Tycoon Andrew Tan’s Megaworld Corporation is expecting to generate revenues amounting to P29 billion upon the completion by 2032 of its sixth residential condominium tower within its 15.4-hectare Uptown Bonifacio township  in Taguig City.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said the 54-story Uptown Modern will have units in various layouts that come furnished with appliances and smart home technology.

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Uptown Modern will be Megaworld's biggest single-tower development in Uptown Bonifacio

It will offer more than 1,000 units in varying unit sizes ranging from Studio with and without balcony (up to 49 square meters), One Bedroom with balcony (up to 83 square meters), Two Bedroom with Balcony or Lanai (up to 100 square meters), Two Bedroom Loft with or without lanai (up to 183 square meters), and Three Bedroom with balcony (up to 139 square meters). 

All units at Uptown Modern will be equipped with wireless smart home systems that future residents can access remotely using a dedicated smartphone app. 

This gives them the ease and convenience of controlling several unit features, including lighting fixtures and other smart appliances in the living, kitchen, and dining areas, as well as the bedroom.

Each unit will each come with a digital lockset for the main door, inverter split-type air-conditioning units, induction cooktop with range hood, refrigerator, microwave oven, and washer-dryer. The bigger units will also come with built-in ovens.

With Uptown Modern, being the biggest single-tower Megaworld residential development in Uptown Bonifacio in terms of the number of units, the company now has launched an inventory of around 4,500 residential units in Uptown Bonifacio alone. 

"For Uptown Modern, our vision is to cater to the evolving needs of today’s condo dwellers by developing an all-in-one residential address that integrates luxury and sustainability," said Megaworld Executive Vice President for Sales and Marketing Noli D. Hernandez.

Standing out as a feature of Uptown Modern’s façade are the six sky gardens located on the 14th, 27th, 39th, and 47th floors of the tower. Aside from this, there will also be two roof gardens located on the 39th and 47th floors.

The ground level of the tower will have its own retail shops, which will feature a mix of shopping and dining outlets that will complement the nearby Uptown Parade.

Exclusive amenities will be located at the sixth floor of the tower, which include an infinity pool with jacuzzi and its own pool deck, kiddie pool with aquatic playground, daybed cabanas, Zen reading nook, gazebos, trellised lounge areas, outdoor function area, sunken lawn, activity lawn, children’s playground, and an outdoor fitness gym featuring a variety of energy-generating equipment. 

Other amenities also include a function hall with its own lanai, an indoor fitness center, game room, music room, and daycare center. 

There will also be an expansive entertainment suite with a garden lanai, dry pantry, and a mini-bar where residents can also host parties and special events.

Uptown Modern will feature e-vehicle charging facilities in all of its seven parking floors located at the basement and podium levels. This will be the company’s first residential condominium tower in Metro Manila to have this facility.