Megaworld expanding upscale St Moritz project
By Iris Gonzales
MANILA, Philippines - Andrew Tan-led Megaworld Corp. is expanding its luxury project St. Moritz in upscale Mckinley West in Fort Bonifacio.
The company announced the launch of a second tower with nine-story on the back of growing demand for luxury suites.
Megaworld will build the second tower beside the first tower located strategically along the expansive Le Grand Avenue, just right outside the McKinley West Village.
Rachelle Penaflorida, Megaworld vice president for sales and marketing said the first tower received positive reception from the top-tier market.
“Each suite in St. Moritz offers an intimate space for the private yet sophisticated individual who values self-fulfillment. With the launch of the second tower, we hope to further expand our offerings to the luxury property market,” she said.
St. Moritz Tower Two will have 32 private suites ranging from two-bedroom to four-bedroom suites, which can go as big as 220-square meters.
Aside from the regular suites, there would also be bi-level penthouses equipped with elevators that open to their suites’ own foyer area, keyless access to doors and indoor private pools in each suite.
As part of its luxury design, the suites will be furnished with European lifestyle brands such as the Philippe Starck collection of Duravit for bathroom fixtures, Leicht for kitchen design, and Bosch for home electronics.
To date, prices at St. Moritz are now around P230,000 per square meters or up 21 percent compared to its price two years ago.
“McKinley West’s strategic location beside Forbes Park and the Manila Polo Club makes it an attractive preference for property investment in the entire Fort Bonifacio.
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