Megaworld starts upscale residential project in Cavite

Property developer Megaworld Corp. has brought to Cavite’s property market P2.5 billion worth of fresh residential lot inventory with the launch of the first upscale residential village in Arden Botanical Estate.

This residential village in Arden Botanical Estate will occupy 18 hectares out of the 251-hatownship in Trece Martires City. It will have 329 lots at sizes 280 to 609 square meters to be priced P18,000 to P22,000 a sqm.

The project is targeted for completion by 2024.

“Arden Botanical Village will be built around the natural features that thrive in the estate, providing purposeful, livable spaces for its residents. Because the location is naturally gifted with greeneries that couldn’t be found in any other residential villages, we want to preserve and highlight them in our development,” Eugene Em Lozano, Megaworld first vice president for sales and marketing, said in a disclosure to the Philippine Stock Exchange.

Designed by Filipino landscape architect and environmental planner Paulo Alcazaren, the centerpiece of the gated Arden Botanical Village will be Centrera Park, which will be surrounded by natural groves of mature trees, natural waterways and ponds, sprawling lush greenery, expansive open space, promenades and parks, and jogging paths.

Inspired by Scandinavian architecture, Arden Botanical Village will also feature thematic bridges, landscaped walkways, bike lanes, and some interactive water features.

Arden Botanical Estate is a joint development of Megaworld and subsidiary Global-Estate Resorts Inc. The group is spending P18 billion to build the estate in the next 10 years.