GERI unveils P5B Antipolo project
The leisure estate arm of tycoon Andrew Tan-led Megaworld group is investing P5 billion to develop an integrated lifestyle community called “Eastland Heights” in Antipolo, Rizal in the next five to seven years.
Through its subsidiary Global-Estate Resorts Inc. (GERI), the group is developing an expansive 640 hectares of land along Marcos Highway, including areas overlooking Metro Manila’s panoramic skyline.
“This new community will allow Megaworld to further expand its presence in the popular area of Antipolo, which is very accessible to the major cities in Metro Manila. We capitalize on the scenic views and fresh air in this location, which can be the development’s key strengths,” GERI president Monica Salomon said in a press statement on Monday.
The vast property – endowed with rolling terrains on the foot of the scenic Sierra Madre mountain range – will have its own iconic 36-hole golf course and country club, which will occupy around 20 percent of the entire development.
Aside from the golf course, the community will have residential, commercial and retail and institutional components such as a school.
“More than a hundred hectares will be allocated for residential villages. But in the next few years, we will be adding some commercial and retail components to make this community more exciting,” Salomon added.
Eastland Heights will now be part of the growing roster of developments that Megaworld and its subsidiary brands GERI, Suntrust Properties, Inc. and Empire East Holdings have built and continuously developed across the country.
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