Avida Towers Gen Y-ers are the new breed of residential condo owners Young employees between 25 to 40 and working in central business districts of Metro Manila have emerged as the new market of residential condominium dwellers, note officers of Avida Towers, the in-city residential condominium projects being developed by...

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Avida Towers San Lazaro to launch new tower in 2008
According to Herbert Herrero, Avida project development manager, the firm expects to launch Tower 4 in its San Lazaro development in 2008.

The growing preference of Metro Manila workers to live near their places of work has spurred Avida to aggressively pursue its in-city condominium projects in 2008. The affordable housing subsidiary of Ayala Land, Inc. will be launching for the balance of the year three more new towers following the launch of Avida Towers Sucat's fifth tower some weeks ago. All will serve as sequels to existing projects.

According to Herbert Herrero, Avida project development manager, the firm expects to launch Tower 4 in its New Manila development, Tower 4 in San Lazaro and Tower 6 in Sucat in 2008.


"We scheduled the launch of four new towers in 2008 in response to the fast sales take-up of our condo projects. We plan to launch at least one tower per location, with some locations seeing simultaneous launches and construction of two towers because of the high demand for condo units," discloses Herrero.

After scheduled turn over of Tower 1 units at San Lazaro by the first quarter of 2009, residents will be able to enjoy the clubhouse and swimming pool by May 2009. These amenities are part of Avida's commitment in creating communities that bring relaxation and enjoyment to their residents.

Hererro says that Avida services its residents by helping them organize a homeowners' association, which eventually takes charge of managing the project. In all Avida Towers, Ayala Property Management Corp. (APMC) takes care of day-to-day operations like security and maintenance under the supervision of the homeowners association. Projects managed by APMC, which has decades of experience in property management, are known to have higher rates of appreciation.

Avida Land offers studio, one-bedroom and two-bedroom units, and loft-units in select developments with prices starting from P1.1 million.

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