Cityland crowns Mandaluyong condominium


Cityland Development Corp. announced on Friday that it has completed structural construction on its 24-story office, commercial and residential condominium in Mandaluyong City.

In a stock market disclosure, he announced the recent completion of the Pioneer Heights 1 condominium along Pioneer Street in Barangay Highway Hills.

“With the completion of the Kalayaan Bridge Link Project to the World City of Bonifacio – Ortigas, the travel time to Pasig, Makati and Mandaluyong has dramatically decreased, making Pioneer Street a booming commercial and residential area and lively, ”Cityland said.

“Carefully planned amenities such as a swimming pool, clubhouse, gym, multi-purpose event area and observation deck are provided to make condominium living enjoyable and comfortable,” he added. .

According to Cityland, residential units in the studio, luxury studio, one-bedroom, three-bedroom, commercial, and office condominiums are available for purchase in cash and on installment.

The company said it is currently offering a promotion for an interest-free installment payment up to 24 months.

For the first quarter, Cityland posted a 16.5% decrease in net profit attributable to P109.12 million despite a 17.7% increase in total revenues to P549.82 million.

On Friday, Cityland shares on the stock market fell 8% or eight centavos to end at 92 centavos apiece. – Revin Mikhael D. Ochave

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