Avida Land Inc. is looking at attracting millennials wanting a compact living space with its new project in Mandaluyong City.
Melissa D. Corpuz , Avida Land Manager for Project and Strategic Management Group said Avida Towers Verge has units designed for compact living, convenience and sustainability.
Situated along Reliance Street, the first building of three planned for Avida Towers Verge will have 1,020 residential units, said a Business World report.
A “sequel” to Avida Towers Centera, the Avida Towers Verge offers two types of units — a 22.90-square meter (sq.m.) junior one-bedroom that separates the bedroom from the living and kitchen areas ensuring privacy; and a 33.81 sq.m. one-bedroom unit. There is also an option to combine two units.
Corpuz said the junior one-bedroom unit is designed to have a private nook where one can read and study, and an area where you can dine.
“We observed that buyers in Avida Towers Centera preferred these layouts. These types of units were the first ones to become sold out. The units are just the right size to service the needs of young professionals, and at the same time, meet their budget,” the report also quoted Jojo Fabricante, Avida Land head for innovation and design group, as saying in a statement.
Prices for the junior one-bedroom unit start at P4.2 million, while the one-bedroom units start at P6.7 million.
The first tower of Avida Towers Verge is set to be completed by December 2023.
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