Filinvest forecasts surge in value of 100 West projectDate: June 6, 2018
PROPERTY developer Filinvest Land, Inc. (FLI) said on Friday it expects a surge in the investment value of its 100 West mixed-used development in Makati City once the proposed rail and skyway projects within its vicinity becomes operational.
Targeted for completion by end-December 2019, 100 West is a mixed-use development that will offer residential, commercial, and office spaces.
In a statement, FLI noted that 100 West is strategically located along Gil Puyat Ave. and Washington Street in Makati City and stands to benefit from the proposed railway that will link southern Manila and the northern part of Luzon.
“We foresee an upsurge in the project’s investment value when new infrastructure and businesses are in place,” said Janette Cordero, Filinvest vice president for Metro Manila mixed-use projects.
“The construction of 100 West is in full swing. The completion of the podium ascertains that we are on track in our target delivery date. We are confident that this milestone will further boost the confidence of investors who took prime advantage of the pre-selling stage and are now enjoying investment growth,” she added.
The company recently launched the development’s three-story podium, which comprises the commercial hub that will link the residential and amenity areas, and which is targeted to open by year-end.
Source: The Manila Times