Monarch Parksuites, a residential property by luxury developer Anchor Land Holdings, Inc., is ready to turn over units by 2017, staying one step ahead of other rising condominium properties in Bay City.
With Bay City being touted as the next premier business district, as well as entertainment and residential hub, this mid-rise four-tower property presents a large advantage for its investors.
“Bay City is teeming with development projects in the pipeline-from residential to office, to entertainment and leisure. This could only mean significant margins for the appreciation of investment value for those who already bought units in Monarch Parksuites,” said Elizabeth Ventura, president of Anchor Land. “They can move in beginning next year and start enjoying the advantages offered by this strategic location.”
Construction of office spaces in the area shows a continuously growing demand in Bay City coming from business investors.
There are five PEZA-registered buildings in Bay City, which include three E-Com buildings in the Mall of Asia complex, and two office towers in Aseana City.
There is also an increasing presence of luxury hotels and entertainment centers for tourist. While transients are the main occupants of hotels, businesses are also looking at residential properties for its employees.
“We have seen this growth potential in the residential market way back 2007 when we developed Solemare Parksuites. Now, with Monarch Parksuites, we are giving the market a place to live in complete with amenities that will treat them like royalty.” Ventura added. Solemare was the first to build a residential condominium in Aseana Business Park, while Monarch Parksuites is Anchor Land’s biggest residential condominium thus far with over 8,000 sqm of indoor and outdoor amenities.
Monarch Parksuites has fully furnished spacious units fit for families, and smaller units for single occupants. The property offers a spectacular view of the bay, with a balcony that will make residents momentarily forget that they are living within a thriving city. All areas are assured of security 24/7, with CCTV installations and security access cards issued for guests.
For added security and convenience, exclusive shuttle service is provided for residents who would want or need to go around the Bay City area.