Ayala Land Premier sees P12.7-B bonanza from 1st residential project outside Makati, Taguig
Ayala Land Premier (ALP) expects to gain some P12.7 billion from its Parlink North Tower development, it first residential project outside Makati and Taguig.
The luxury property developer has already sold 70% of available inventory, said Paolo Viray, head of sales and marketing, told reporters in a press conference in Taguig City.
Units are now selling from P22 million to P120 million, or P320,000 per square meter—a 15% increase from the average starting price of P280,000 per sqm.
The turnover of units are happening in the third quarter of 2025. The North Tower is the first of two residential towers launched within Parklinks estate in Quezon City, a 35-hectare mixed-use development between ALP and Eton Properties Philippines Inc.
The project is located along the E. Rodriguez Jr. Avenue that borders between the cities of Quezon and Pasig.
A similar building—Parklinks South Tower—will be launched in coming weeks, pending the necessary license from the Housing and Land Use Regulatory Board (HLURB).
“We started selling (North Tower units) in November 2018. The South, we’re expecting to sell at P310,000 to P350,000 per square meter,” Viray told reporters.
“That should happen in the next few weeks. We’re still waiting for the license to sell.” —VDS, GMA News