Missoni luxury residences in… Manila?


Do you love the Missoni label so much that you would travel halfway around the world, to the tropics, to snap up a piece of their first luxury residence project in the Philippine capital of Manila?

We all know that Missoni has two operational co-branded hotels in Kuwait and Edinburgh, but apparently for some people, temporary stays in Missoni-land isn’t enough; ownership of the label’s stripe-covered interiors is a must indeed.

The 52-story condominium tower, with a project cost totaling $315 million, is being developed in partnership with Century Properties, a local real estate company that is also currently working on a Versace-branded tower and a Paris Hilton-designed beach club.

Acqua Livingstone will feature 645 units ranging from about 300 square feet to 1,500 square feet with one to three bedrooms and a private collection of special spaces called Acqua Privé including Townhouse, Sky Garden, Private Garden, and Penthouse units.

There definitely is a market, but we’re not sure if the location would be as enticing to foreigners as it is to the small group of ultra-rich locals, who are obviously already living in the over-populated city. Perhaps the affordable price range would appeal to wary foreigners – units are available from about AED 272,000 (or $71,000) for a cramped, 25-square-metre 1-bedroom flat.

Would you buy a Missoni-branded vacation condo in the Philippines?

 

La Moda – Dubai | May 2, 2012


Photos are artist’s renditions only. The images and details shown herein are intended for illustration purposes only. While the information are based on present plans, which have been created with great care and effort, the developers reserve the right to change proposed project features, amenities, prices and terms without prior notice. It is then recommended that the client confirm their accuracy and subsequent changes, if any. Further, the client holds the developers free from any legal and financial claims resulting from the information contained herein.