By Charles E. Buban
Inquirer

MANILA, Philippines–Imagine being at the oval viewing deck of this soon-to-rise residential high rise at the corner of UN Avenue and Mabini Street.

Offering a 360 degree view of its environs — with the Manila Bay as the centerpiece — the Mayfair Tower is indeed one of the most anticipated projects in Manila.

In fact, owner and developer Anchor Land Holdings Inc. is happy to announce that their two- and three-bedroom units facing Manila Bay and their 36-square-meter single bedroom units are still available. The project is expected to meet its deadline of completion in the second quarter of 2008.

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By Elizabeth Sanchez-Lacson
Inquirer

MANILA, Philippines–Legacy Ventures Realty and Development Inc. is investing nearly P1 billion in its maiden condominium-townhouse project near the Manila Bay, its president said.

Dubbed the Sentosia, the project features 127 exclusive clusters of duplex and quadruplex housing units, bearing a modern Singaporean design.

Sentosia is five minutes away from the SM Mall of Asia and 15 minutes away from the domestic and international airport.

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By Tessa Salazar
Inquirer

MANILA, Philippines–Property experts note that aside from “good sign” the deluge of condo developments brings for the Philippine property market, it gives prospective buyers more choices in terms of size, design, location and price.

Global Property Guide’s chief economist Prince Christian R. Cruz notes that the more options available, the better it is for buyers.

Richard Raymundo, Colliers International’s director for research and consultancy, says that as with other industries, a more robust property sector would contribute more to the economy and also increase property values. He also says another positive result of a property sector boom is increased employment for the construction outfits.

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