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Megaworld's GERI to build second tower in Southwoods

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<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2019/news/02/26/022619_geri.jpg"/><figcaption>A render of the Apricot and Burgundy Towers at Tulip Gardens in Southwoods City. Handout</figcaption></figure></div>MANILA - Megaworld Corp said Tuesday its subsidiary Global-Estate Resorts Inc (GERI) would build a second tower within its 561-hectare Southwoods City development in Laguna province, which is expected to generate P1.3 billion in sales.The Burgundy Tower in Tulip Gardens will be 22-storeys high with 361 residential units, ranging from 24.5 square meters to 41.5 sqm, Megaworld said in a disclosure to the stock exchange.&quot;The interest of buyers in Southwoods City is overwhelming and this has been the trend since we introduced our first residential development, the Holland Park, 3 years ago,&quot; said Megaworld Global-Estate Inc vice president for sales Rachelle Peñaflorida.The Burgundy Tower is expected to be completed by 2024,

The Burgundy Tower of Tulip Gardens in will be 22-storeys high with 361 residential units, ranging from 24.5 square meters to 41.5 sqm, Megaworld said in a disclosure to the stock exchange.

The Burgundy Tower of Tulip Gardens in will be 22-storeys high with 361 residential units, ranging from 24.5 square meters to 41.5 sqm, Megaworld said in a disclosure to the stock exchange.