Located on the lovely Philippine island of Panay, about an hour’s flight south of Manila, is Iloilo City, the capital city of the province of Iloilo and the regional center of the Western Visayas region of the country.
This pretty historical town is also variously known as the “City of Love” and the “City of Mansions” because of the many heritage buildings that still stand in the city, a legacy of the Spanish and American colonial eras.
Here, Megaworld Corporation is transforming Iloilo City’s old domestic airport, Mandurriao Airport, into the brand-new, PHP35 billion Iloilo Business Park, the biggest and most exciting real estate development project in the Western Visayas in the last decade.
This 72-hectare township is set to be the newest central business district in Iloilo City. The township will comprise luxury residential condominiums, modern BPO office towers, a lifestyle mall, a boutique hotel and a 1.1 kilometer stretch of commercial and retail strip called Festive Walk, which will incorporate green parkland, a transport hub and the new Iloilo Convention Center.
Within this new development, the new Lafayette Park Square residential condominium will take its place amongst the several luxury residential projects for discerning buyers who are looking to invest in this exciting new lifestyle hub in Iloilo City.
Lafayette Park Square is an elegant 14-storey mid-rise, low-density tower with 289 residential condominiums, ranging from studios to 3-bedroom units, built in a French and Spanish-influenced style reminiscent of the old chateaus that grace the borders of Spain and France.
Located on the main thoroughfare of the new township, Megaworld Boulevard, Lafayette Park Square will be ideally situated giving residents easy and convenient access to all the facilities, conveniences and shopping areas in Iloilo Business Park, as well as being easily accessible to all the major areas of the city.
Lafayette Park Square will also boast all the amenities and facilities of an upscale residential project, and will provide its residents the ultimate in comfort, convenience and security, including a landscaped swimming pool and pool deck area, kiddie pool, children’s play area, jacuzzi, 24/7 security service as well as a ground-level retail and commercial strip featuring shops and cafes.
Units at Lafayette Park Square feature different layouts and floor sizes to suit individual buyers’ needs:
- Studio Units: Studio units at Lafayette Park Square are a cosy 26.5 square meters with a spacious, open plan layout that includs a kitchenette, a toilet and bathroom and a balcony. The studio unit is perfect for the single professional who is looking for a simple, uncluttered space to call home.
- Executive Studio Units: Executive studio units at Lafayette Park Square have a nice 38.5 square meters of floor space, divided up into a full kitchen, dining, living and sleeping area with an ensuite toilet and bathroom, as well as a balcony, for those who would like a bit more space without compromising on style.
- One Bedroom Units: One bedroom units at Lafayette Park Square are have a luxurious 52.5 to 58.5 square meters of floor space that allows plenty of space for modern living. There is even a maid/utility room with its own attached toilet and a balcony, along with a built-in kitchen, generous living and dining spaces, separate bedroom with ensuite bathroom.
- Two Bedroom Units: Two bedroom units at Lafayette Park Square feature the ultimate in modern style and intuitive design. Its 76-89 square meters of floor space incorporate an expansive open-plan living area with a balcony, a dining area, a fully-fitted kitchen, a master bedroom featuring a walk-in closet and its own balcony, and a second bedroom with modular closets and its own ensuite toilet and bathroom. There is also a maid’s room with its own toilet and bathroom, making this an ideal home in Iloilo Business Park for a professional couple or a small family.
All units in Lafayette Park Square will have quality ceramic tile flooring, with ceramic plank flooring in the bedrooms. Bedrooms and sleeping areas will have a provision for window-type air conditioning units, and the kitchen, toilets and maid/utility rooms will feature mechanical ventilation systems.
About the developer:
The developer of the exciting new Iloilo Business Park project and the Lafayette Park Square condominium project is none other than Megaworld Corporation, founded in 1989 by Andrew Tan. The company engaged in property development, project design, construction oversight and property management, and quickly established a solid reputation for developing upscale residential projects as well as commercial properties in key urban locations that have easy access to workplaces as well as recreational and entertainment facilities in Metro Manila.
In 1996, when the demand for homes that allowed the convenience of proximity to work as well as leisure and lifestyle amenities began to take off in the Philippines, Megaworld Corporation began to focus on developing mixed-use communities, primarily for the middle-income market and the company’s current property development projects include mixed-use residential and commercial developments located in Metro Manila, Cebu, Iloilo and Davao.
The focus of each of these developments is to build an integrated, high-quality community with attractive “live-work-play-learn” amenities for all its residents. Some of Megaworld Corporation’s prestigious projects include Eastwood City in Quezon City, Forbes Town Center in Bonifacio Global City, Taguig, McKinley Hill in Fort Bonifacio, Taguig, Newport City in Pasay City, Manhattan Garden City in Quezon City, Cityplace in Binondo, Uptown Bonifacio in Fort Bonifacio, McKinley West in Taguig, The Mactan Newtown in Mactan, Cebu, as well as Iloilo Business Park.
Lafayette Park Square will provide guests with charm and elegance which features French and Spanish architecture. The residential condominium will be the first French and Spanish architectural design in Megaworld's 72-hectare development. The architecture will surely attract visitors from all over the world and the sophisticated design and atmosphere of the structure will be the perfect place for business travelers to hold meetings. The 14-storey residential condominium tower offers a limited 289 units with a variety of layouts.
The layouts consist of: Studios, Executive Studios, 1 Bedroom, 2 Bedroom and 3 Bedroom. The total area of the Studio unit will be 26.5 square meters; the unit area 24 square meters and the balcony 2.5 square meters. In the toilet and bath area there will be ceramic tiles, the kitchen and toilets will operate with mechanical ventilation; there will be ceramic flooring in the living, kitchen dining and sleeping areas. The sleeping area will also feature provision for window-type ACU. The Studio unit is the smallest of the units.
The largest of the units is the 3 Bedroom units. The 3 Bedroom unit measures approximately 83.5 square meters with the unit area measuring 76 square meters and the balcony measuring 7.5 square meters. The master bedroom will feature a walk-in closet and modular closets for the other bedrooms. The living room and dining area will feature ceramic tile flooring and ceramic plank in the bedrooms; also in the sleeping areas provision for window-type ACU. The kitchen, toilets and utility/maid's room will operate with mechanical ventilation.
The luxury tower will provide its guests with an exclusive swimming pool, kiddie pool, pool lounge, a Jacuzzi, fitness center, social hall, children's play area, daycare center, garden and reading nook and covered seating area all on the third floor of the tower. This will provide guests the perfect area to enjoy the tower and the ground floor will feature commercial and retail shops. The construction of the Lafayette Park Square is currently under construction and is expected to be completed in 2018. Few units are still available for purchase.
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