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Business

Megaworld builds upscale residential village in Cavite

Iris Gonzales - The Philippine Star

MANILA, Philippines — Megaworld is building its first upscale residential village inside a 251-hectare property in Trece Martires City, Cavite.

The company is expected to generate around P2.5 billion in sales from the project, which is targeted for completion in 2024.

The Arden Botanical Estate, which is a sustainable estate, is a joint development of Megaworld and its subsidiary brand Global-Estate Resorts Inc. (GERI).

Both companies are spending P18 billion for the development of the project in the next 10 years.

The Arden Botanical Village covers around 18 hectares and will have 329 lots ranging from 280 to 609 square meters.

Megaworld first vice president for sales and marketing Eugene Em Lozano said the village would be built around the natural features that thrive in the estate.

The development is just 1.5 hours away from the Makati Central Business District, and just an hour away from the Ninoy Aquino International Airport. 

“Because the location is naturally gifted with greeneries that couldn’t be found in any other residential villages, we want to preserve and highlight them in our development,” Lozano said.

Arden Botanical Village will feature several amenities. These include thematic bridges, landscaped walkways, bike lanes, and some interactive water features.

Houses and village amenities, including the village showroom, will feature minimalist form and clean lines with panoramic windows that look out, and make a pleasant contrast with the village’s verdant landscape.

According to Megaworld, lot prices in Arden Botanical Village range from P18,000 to P22,000 per sqm.

The project was designed by Filipino landscape architect and environmental planner Paulo Alcazaren.

Megaworld said the project would be highlighted by the Centrera Park, which is surrounded by natural groves of mature trees, natural waterways and ponds, sprawling lush greeneries, expansive open spaces, promenades and parks, and jogging paths.

The village’s Clubhouse will also be part of the Centrera Park, with some amenities for the exclusive use of the residents and their guests.

There will also be a natural swimming pool that will be part of the amenities and village landscape, a trend that has gained popularity in European neighborhoods, Lozano said.

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