Property developer Megaworld Corp. said it expects to raise P3 billion from the planned 30-story residential condominium building in Makati City.
Megaworld said in a statement the project called The Ellis would rise on L.P. Leviste Street in Salcedo Village, offering a total of 237 units priced at P180,000 per square meter.
“The Ellis stands out to be Megaworld’s residential masterpiece in the heart of Makati CBD highlighted by design and innovation,” Megaworld’s vice president for sales and marketing – Makati Eugene Em Lozano said.
The tower will offer studio units (24 to 34.5 sqm), executive studio loft with balcony (64 sqm), executive one-bedroom with balcony (64 to 69 sqm), two-bedroom with balcony (75 sqm) and executive two-bedroom with balcony (121.5 sqm).
Special units called ‘Link Units’ are also available, which are a combination of either studio and one-bedroom (63.5 sqm) or studio and two-bedroom (103 sqm).