Citing strong demand for residential properties in a township setting, property giant Megaworld is launching its fourth residential condominium development inside the 34-hectare The Upper East township in Bacolod City.
The 12-storey Herald Parksuites will offer 246 units with sizes ranging from Studio (up to 24 square meters); Studio with Balcony (up to 31.5 square meters); One-Bedroom with Balcony (up to 41 square meters); Executive One-Bedroom with Balcony (up to 54 square meters); One-Bedroom Loft with Lanai (up to 78 square meters); Two-Bedroom with Balcony (up to 79 square meters); and Two-Bedroom Loft with Lanai (up to 109 square meters).
Each unit is equipped with wireless smart home system and devices with WiFi router, video intercoms, as well as a standby power generator for a lighting fixture in the living area.
All kitchens will have their own cooktop burners with two-bedroom units having their own built-in ovens, while loft-type units’ bedrooms and living rooms will come with inverter split-type airconditioning units.
“Taking inspiration from the posh apartments in New York City’s Upper East Side, this new residential tower will highlight Bacolod’s first ‘smart home’ amenities in a condominium with select loft units in generous layouts,” says Jennifer Palmares-Fong, vice president for sales and marketing, Megaworld Bacolod.
Herald Parksuites will feature a central amenity floor that connects to the amenity floor of Two Regis, the adjacent tower where it will be built. The generous amenities include an adult pool and a children’s pool with bubblers; a pool lounge and a pool bar; lounge areas with sunbuns; shower rooms; reading nooks; children’s playground and daycare center; fitness center; function room with pantry and extended outdoor area; private dining room; game room; covered path walks; and Wi-Fi internet access.
The residential tower will also have its own basement parking facility and the ground floor will have access to a retail arcade.
It will also be highlighted by numerous green and sustainability features, such as low flow fixtures for water conservation, light sensors at hallways for energy conservation, use of building equipment with high energy efficiency ratings, and facilities like rainwater harvesting and re-use, as well as its own material recovery facility.
“This new tower is jampacked with first-of-its-kind features and we are excited to offer all of these to our future residents,” adds Palmares-Fong.
The company is expected to generate P1.9-billion in sales from this new residential project, which will be completed by 2028.
With the launch of Herald Parksuites, Megaworld now has an inventory of almost 1,000 residential condominium units in Bacolod City.
In 2018, Megaworld launched its first residential tower, the 12-storey One Regis, and the following year, it launched its second tower, the 14-storey Two Regis. In 2020, the company also launched its third residential tower, the 14-storey One Manhattan.