Alveo Land Corp. reported a record P12.7 billion in gross take up for the first quarter of the 2024
Ayala-led property developer Alveo Land Corp. on Tuesday reported a record P12.7 billion in gross take up for the first quarter of the year, which it attributed to the launches of its horizontal developments south of Metro Manila.The latest sales for the period surpassed the previous record high of P10.8 billion recorded in the first quarter of 2019.In a briefing, Alveo officials said its residential condominium unit sales accounted for P7.
Alveo Land attributed the strong takeup to its residential condominium developments such as the Park East Place in Taguig, The Lattice that borders Pasig City and Quezon City, and Nuveo in the Alabang-Las Piñas corridor.Its residential lots accounted for P3.8 billion, which includes Sereneo Nuvali which reported P1.5 billion in year-to-date reservation sales, and Caleia Vermosa in Cavite which generated P2 billion.
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