CPG eyes completion of 2K condo units by Q2


    Century Properties Group (CPG) is targeting to complete about 2,101 condominium units by the second quarter of next year as it ramps up construction activities following the lockdowns.

    Assuming Metro Manila lockdowns will continue to ease, CPG said it targets to complete around 500 units at The Residences at Commonwealth in Quezon City by the end of 2020.

    These units are in Quirino East and West Towers, the 6th and 7th buildings respectively, in the eight-tower residential community.

    The first five towers are complete.

    CPG is also targeting the completion of 1,600 more units by in batches from February 2021 to April 2021 in Bali and Monaco towers at the Residences at Azure North in San Fernando, Pampanga. Certain amenities, such as the Club House and the Wave Pool, are expected to be completed in the third quarter of 2021.

    Company president and chief executive officer Marco Antonio said while the current construction pace and number of workers are less than pre-quarantine levels, “we are increasing this progressively as we observe strict safety protocols in our project sites and manage completion timelines to deliver the units to our buyers.”

    At the mixed-use development Century Spire at Century City in Makati, construction has reached top off levels and façade glass installation has reached the 29th floor.