Megaworld Corp., the property development arm of businessman Andrew Tan, expects to generate P2 billion in sales from the Positano Mactan building, its sixth residential condominium project at the 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu.
The 17-storey development project offers 301 units of varying types, with sizes ranging from studio of up to 33 square meters, executive studio of 41 square meters, one bedroom up to 51.5 square meters, executive one bedroom up to 61 square meters, two bedroom up to 78 square meters and three bedroom up to 141 square meters.
The project is scheduled for completion in 2028 and will offer other unit types that will be seen for the first time at The Mactan Newtown.
These include one bedroom loft of up to 81.5 square meters, two bedroom loft of 136.5 square meters, three bedroom bi-level up to 166 square meters, three bedroom loft of 189.5 square meters and three bedroom loft with terrace up to 264.5 square meters.
Designed by Casas+Architects Inc., the façade of Positano Mactan pays homage to the Italian resort town of Positano by mirroring an impression of the real place.
All units will have their own cooktop burners, with two-bedroom and three-bedroom units having their own built-in ovens. Split-type air-conditioning units will come standard in both the living and dining areas across all units.
Rising near the historic Lapu-Lapu Shrine, Positano Mactan will feature two floors of retail area, whose design is inspired by the vibrant public markets of Positano.
The Mactan Newtown hosts more than 2,000 residential condo units from nine existing towers and two soon-to-rise developments, and nearly 81,000 square meters of gross leasable office spaces.
The township also features two hotel properties from Megaworld Hotels and Resorts, the country’s largest operator of homegrown hotel brands.
These are the 18-storey Savoy Hotel Mactan and the 20-storey Belmont Hotel Mactan, which offer a combined 1,097 rooms in total.
