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Saturday, April 20, 2024

‘Callisto’ is new gem in Circuit Makati

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Alveo Land recently launched a new residential project in he Circuit Makati: a two-tower condominium dubbed Callisto. 

Alveo, a subsidiary of Ayala Land, now counts three main projects in Circuit Makati, including workspaces-for-sale The Stiles Enterprise Plaza and two-tower residential condominium Solstice. With rising interest in the area, the developer is set to launch approximately one tower every year for the next 20 years right in Circuit Makati.

This new 21-hectare district is a major node of Ayala Land’s massive redevelopment of the country’s premier financial district. With its current attractions in full operation, including a massive events area, thriving retail strip, and a black box theater, Circuit Makati is living up to its reputation as a growing entertainment and lifestyle destination since its launch in 2012. 

First movers in Alveo’s crosshairs. Callisto will have its first tower rise 38-storeys high with its own retail component on the lower ground floor and upper ground floor. Alveo is eyeing professionals who aspire to have a first-mover advantage within bustling Circuit Lane, as well as early nesters looking for their first homes in the city.

“The main difference between the Callisto and Solstice is the unit mix,” said Rufino S. Gutierrez, project, sales, and marketing group head of Alveo Land. “Solstice focuses more on big units such as one-bedroom and two-bedroom units, which make up approximately 78% of the total inventory, while Callisto Tower 1 is composed mostly of studio and one-bedroom units at a 76% unit mix.” 

Guiterrez said Callisto Tower 1 will have a total of 430 residential units with a mix of studio, one-bedroom, two-bedroom, three-bedroom and special three-bedroom units. Area sizes range from 28-32 sqm. for studio, 56-65 sqm. for one-bedroom, 85-106 sqm. for two-bedroom, 122-214 sqm. for three-bedroom and 116-122 sqm. for special three-bedroom units. 

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Floor-to-ceiling heights for the living, dining and bedroom are at 2.7 meters high, a higher than average height for typical residential units. Callisto will also introduce special units called Investor Suites, which have a two-bedroom and a studio configuration separated by a foyer. Future residents will be given the flexibility to use one unit and lease the other, or even lease out both units. 

Units will be priced P135,000 toP140,000 per sqm. Callisto will begin turnover of units in July 2022.

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