SMDC launches third tower of Grace Residences
(11 September 2013. Pasay City, Philippines) SM Development Corporation (SMDC) has expanded its residential offerings to home buyers in Taguig City through the launch of the third tower of Grace Residences.
Mr. Jeffrey C. Lim, SMDC President said, “We are pleased with the very warm reception from buyers of the first two towers of Grace Residences. Hopefully we will see more of the same for the next two towers of this project. Grace continues to be a highly attractive proposition since it is just minutes away from our newly opened SM Aura Premier, as well as from the Makati Central Business District and the Ortigas Center. Due to its strategic location, some of the country’s top schools, hospitals, restaurants, shopping and entertainment venues are within easy reach.”
Grace Residences occupies approximately two and a half hectares of land along Cayetano Boulevard, near C5 road in Taguig City. The four-tower development will have approximately 3,500 units spread over a gross floor area of approximately 160,000 square meters (sqm) which will be constructed over three to five years.
For the third tower, one-bedroom units are available starting at Php1.97 million per unit for the typical 22 sqm unit.
Grace Residences features lush open spaces and landscaped areas; swimming pools and pool deck areas; a basketball court, a children’s playground and a meditation garden. The project will also have a retail area for residents’ convenience.