Megaworld puts up new Makati tower

MANILA, Philippines — Megaworld, the Andrew Tan-led property giant, is expanding anew its residential footprint in Makati with the construction of another tower in the city.

At 57-storeys high, the new Vion Tower is envisioned to be the tallest residential development along EDSA-Makati, officials said.

It will rise along EDSA corner Roces Avenue just within walking distance from the proposed Magallanes transport hub.

Megaworld expects to generate around P8 billion in sales for this tower, which is scheduled for completion in 2024.

“The future is ready at the Vion Tower. Here, we want to offer residents with the basics of condo living plus the convenience of smart technology and design innovation, which can be seen in the lobby and even in the amenities,” said Megaworld Makati first vice president for sales and marketing Eugene Em Lozano.

The Vion Tower is set to become a landmark in this side of Makati with its illuminated tower crown, Lozano added.

It will be visible even as far as the Ninoy Aquino International Airport and Manila Bay.

Vion Tower will offer units ranging from studio (up to 31 square meters), one-bedroom (up to 51 sqm), and two-bedroom (up to 71 sqm), with some of them having their own balconies.

Amenities include a 25-meter lap pool and wading pool, function hall, fitness center, outdoor fitness area, children’s playground, day care center, relaxation lounge and a library.

The residential tower will also be highlighted by future-ready facilities such as a smart parcel delivery system, which allows an automated receiving, claiming and storage of parcels.

There will also be retail spaces as there will be shops in two levels and a multi-level podium parking for both residents and guests.

To date, Megaworld has already launched 28 residential towers in Makati City alone, with a total inventory of around 6,500 residential units, making it among the biggest condominium developers in the country’s premier financial district.