Property developer Cathay Land expects property buyers and investors to have a strong interest in the residential units of Ananda Square, which is foreseen to become Alabang’s newest commercial and residential landmark.
Strategically located along Alabang-Zapote Road in Las Piñas City, between SM South Mall and Robinsons Place Las Piñas, Ananda Square will host a supermarket, coffee shops, restaurants, banks and more retail choices in its three-floor mall.
Cathay Land president Jeffrey Ng expects that the promise of a new shopping mecca and the prevailing real estate boom in the south — with prices of similar condominium projects hovering north of P200,000 per sqm. — will give Ananda Square an edge among buyers and investors. Ananda Square is also just a few minutes from the Alabang central business district (CBD).
The first of Ananda Square’s four towers is a 20-story mixed-use building that will feature about 700 units and will be comprised mainly of studio units and one-bedroom suites.
Cathay Land expects the amenities of Ananda Square to be another draw for investors. Pocket gardens allow for natural sunlight and fresh air to circulate within the tower. An open-air courtyard will serve as a communal area with beautiful sunrise and sunset views set amidst lush and verdant surroundings.
Ananda Square will likewise feature the Aquatrium, a sparkling oasis that comes complete with a pool deck and a lap and kiddie pools.
Other amenities in the well-planned development are a study lounge for students who want a quiet place to do schoolwork and for avid readers to curl up with a book. The study lounge can also be a place for small meetings, but those who require bigger spaces can hold their gatherings at the Social Hall that can host banquets for special occasions.
All in all, Cathay Land expects these amenities to create a strong sense of community among Ananda Square residents.
Given Ananda Square’s strategic location in the booming South, its vibrant strip mall and exciting suite of amenities, one may expect a stratospheric price. But no.
Ng announced that Cathay Land is starting off Ananda Square at a very attractive introductory price to give future residents and investors an opportunity to ride the continued boom of the real estate sector in the South. “With our very attractive pricing, we are confident that we can tap a good mix of young professionals working in the Alabang CBD and beyond, those who are growing their families, and those who are looking to make investments in the South as it grows its commercial and industrial hubs even further.”
True enough, Ananda Square units start at a very attractive price: around P98,000 per sqm. A 24-sqm. studio unit starts at P2.8 million, whereas a 32.63-sqm. one-bedroom unit goes for up to P3.2 million. Bigger spaces are available at the two penthouse floors where buyers have the option to combine adjacent units.
Ng believes that “Now is the time” for aspiring homeowners and investors to take advantage of the growth opportunity that Ananda Square offers. For more information on Cathay Land’s Ananda Square project, call 8878-0178 or visit www.anandasquare.com.