Feb06

Ortigas Embarks on New Residential Project

ortigas_condominiums.jpg

Real estate developer Ortigas and Co. Ltd. just purchased a 12.5- hectare property on Industria Street, Quezon City where they intend to erect a P12-billion residential project. Besides high-rise condominiums, the project will also consist of townhouses. The new project is aimed for the middle-income market and will contain 5,000 condo units in low and high-rise buildings. Prices will range from Php 2.5 million to Php 3 million per unit. Construction is expected to begin on July 2008.

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