Park East Place the most successful launch in Alveo land history garners 6.7B in sales for 2 days

Park East Place by Alveo Land

Park East Place a One Tower Condominium Development. The newest pre-selling condominium launch in BGC by Alveo Land. Strategically located in a revitalized sub-neighborhood at the prominent crossroads of 32nd street corporate row and 9th avenue lifestyle corridor.

Unit Types:

1 Bedroom with size range of 61 sqm to 67 sqm with an average total contract price of 26M to 28.6M

2 Bedroom with size range of 94 sqm to 99 sqm with an average total contract price of 40.1M to 42.3M.

3 Bedroom with size range of 131 sqm to 132 sqm with an average total contract price of 55.9M to 56.4M.

Best Payment Terms to offer:

Deferred 10-60-30

Deferred 10-40-50

Stretched payment terms: 80 to 82 months

Project Details:

Total Physical Floors: 59th floors

Floor Density: 10 Units per floor

Parking Floors: 3 Basement + 5 Podium

Total Units: 523 Units

Total Parking Slots: 650 approx.

Number of Elevators: 4

Launch Date: June 23, 2023

Target Turn Over Date: 2030

Total Project Lot Area: 4000 sqm approx.

Showroom: Under Renovation

Project Mace, located near the office row, provides its residents with accessibility to groceries, parks and school. It's great for people who want to improve their work-life balance and overall quality of life.

▪ Big unit cuts- 1 BR units start at 67 sqm which means more living space, making it easier to move around and accommodate larger pieces of furniture.

▪ All units have balcony- with the pandemic still around the corner, having a balcony provides outdoor living space to enjoy fresh air and sunlight.

▪ Only 10 units to a floor- which means fewer neighbors and less foot traffic in common areas. This can provide residents with more privacy and a quieter living environment.

* Convenience- Project Mace is walking distance to S&R, Parks and open spaces and offices making it accessible and a viable investment property. *Longer payment terms- Pre-selling projects typically offer more flexible payment terms at 0% interest, smaller downpayment, payable for 4 to 5 yrs (or during construction period)