Anchor Land expands residential portfolio

MANILA, Philippines — Publicly listed Anchor Land has expanded its residential portfolio with the turnover of a new upscale property in Manila’s Chinatown.

The project, Oxford Parksuites, is a 39-story condominium building with 210 residential units or only seven units per level.

Anchor Land CEO Steve Li said the project has been a huge success.

“With Oxford Parksuites, we are able to offer residences and amenities designed to provide elevated comfort and convenience to families with offspring who study in nearby schools,” he said.

The project is situated at the corner of G. Masangkay Street, Benavidez Street and La Torre Street, and is in close proximity to a number of Chinese schools in the area.

These are St. Stephen’s High School, Hope Christian High School, Chiang Kai Shek College, Philippine Academy of Sakya, Uno High School and the Philippine Cultural High School.

Li said Anchor Land has a deep understanding of its market in Binondo such as the need for residential projects that are near Chinese schools to cater to the Filipino-Chinese market.

Thus, he said Oxford Parksuites would enable students to thrive in all areas of development.

For instance, he said, upon moving in to Oxford Parksuites, students would have access to the tutor rooms and where they can focus on studying for their exams and working on their requirements.

They can also practice physical activities in other amenities such as the lap pool, the recreation room and the fitness center.