Arthaland raises Sondris prices by 5%
MANILA, Philippines – Arthaland Corp. has raised prices for units at its upcoming Makati residential project Sondris by 5 percent, citing steady demand as the property developer prepares to break ground on the P12-billion development this month.
The increase, which took effect in March, applies across all unit types at the 2,018-square-meter condominium project. This is according to Pamela Go, Arthaland’s head of marketing group.
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Go said the 5-percent increase applies across the board. She noted that Sondris was formally launched in January.
Like other Arthaland projects, Sondris is being positioned as a premium sustainable development that integrates environmental stewardship, wellness features and energy-efficient design.
Early buyer profiles have differed across unit types, with one-bedroom units priced at around P22 million drawing mostly investors. Three-bedroom units worth about P72 million, meanwhile, have attracted end-users from southern Metro Manila seeking to downsize without leaving the Makati area.
Located along Arnaiz Avenue in Makati City, Sondris is a joint venture between Arthaland and Mitsui Fudosan (Asia), one of Japan’s largest real estate developers.
The project carries a total sales value of P12 billion and will feature 252 residential units.
Groundbreaking is scheduled for June 17, while the project showroom is set to open on June 30.
Arthaland said Sondris was designed to capture demand from buyers seeking a different side of Makati, particularly the area’s cultural and lifestyle offerings.
“Sondris is our testament to what the south of Makati has to offer,” Go said. INQ
