Megaworld Corp., the property development arm of tycoon Andrew Tan, said strong demand for residential development in Pampanga is driving the expansion of its portfolio in Central Luzon with the construction of the 17-story Saint-Marcel Residences.
This new project is estimated to generate P3.5 billion in sales.
The Saint-Marcel Residences is the fourth residential condominium development within Megaworld’s expansive 35.6-hectare Capital Town township in the City of San Fernando. With this latest addition, the total inventory of residential condo units at Capital Town will reach approximately 1,300 units.
“There is still a strong demand for themed residential developments in Capital Town as we continue building more components of the township. We envision Saint-Marcel Residences to be an appealing address for young, well-traveled Kapampangans who want to immerse themselves in the beauty of their community,” said Eugene Lozano, senior vice president for sales and marketing, Megaworld Pampanga.
A Parisian-inspired residential condominium, Saint-Marcel Residences will rise at the corner of Wilshire and Chelsea Streets in Capital Town, the more private portion of the township.
It will be surrounded by a vibrant commercial strip, a sprawling plaza, and a soon-to-rise transport hub, while also being just about a two-minute walk away from the township’s sprawling rainwater park.
Megaworld said sales from the Saint-Marcel Residences will further solidify its position in the competitive Pampanga real estate market. This expansion reflects the company’s strategy to capitalize on the increasing demand for quality residential options in Central Luzon.
