Upscale residential developer Victor Consunji Development Corp. (VCDC) is launching the P2.2 billion M Residences in Capitol Hills, Quezon City.
Victor Consunji, VCDC chief executive officer, said the project comes at the heels of the success of M Residences in Taguig and in New Manila.
M Residences New Manila was developed in two phases worth P1.1 billion and P1.5 billion, respectively. The development is fully sold.
The P4.5-billion M Residences in Taguig, inside Acacia Estates, is 75 percent sold after its launch in September last year with some buyers taking up as much as eight lots to build a single home worth about P200 million.
For its Quezon City project, VCDC offers three models of townhomes with lot areas of 75 square meters (sq.m.) 105 sq.m. and 120 sq.m. Each unit is customizable with total living areas of at least 110 sq.m. to as much as 370 sq.m. in houses of three- to five-storeys high.
Consunji said the standard home in M Residences Capitol Hills will be sold for around P16 million to P17 million “with the price going higher if the buyer chooses to add to the standard floor area.”
Known for its select locations, premium quality, and top-of-the-line creations, VCDC has carved a niche in the property development business because of its offer of customization options versus the otherwise rigid platforms of most developers.
First-time home buyers are provided financing choices while VCDC will be its developer as well as private contractor for the customization required. Aside from personal preferences of room layouts, buyers also get to choose their preferred finishings from tiles, to countertops, cabinets and bathroom fixtures.
“Our clients only buy our units once in a lifetime. When someone moves into our unit, I believe it is finished and designed in a way that is good enough for mine. I make sure it is up to our standards,” Consunji said.
Consunji noted that M Residences tend to attract home buyers who provide a good neighborhood for families.
“We believe that community is the best amenity,” he said.