Boom! Ayala Land’s 1st Davao luxury residential tower sells out in one day
Ayala Land Premier (ALP) announced the quick sell out of its maiden luxury condo development in Davao, generating P2.6 billion in sales.
Located within the 25-hectare seaside township Azuela Cove, The Residences at Azuela Cove offered 70 units at P33.1 million each and two penthouse units valued at P80.8 million each.
The first of the two-tower development was sold out upon its launch.
“What we are seeing is the confidence of the Davao market in the project’s unique and first-of-its-kind concept. The luxury seaside condominium is a first in Davao,” said Paolo Viray, head of sales and marketing at ALP.
Azuela Cove, a joint venture between ALI and the Alcantara Group, will also include the development of a retail center,, a state-of-the-art St. Luke’s Hospital, an events venue with a capacity of 2,000 people, and sports facilities.