MidPark Towers in Aseana City completes four towers, offering 669 units with strategic discounts

Business & FinanceProperty
9 Jun 2026 • 12:03 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

MidPark Towers in Aseana City completes four towers, offering 669 units with strategic discounts

RESIDENTIAL development MidPark Towers in Aseana City in Parañaque marked the completion of its four towers in a ceremonial inauguration and key turnover on May 12. All four structures, which offer a total of 669 residential units — Howell, Pine, Mercer, and Malden — are “ready for occupancy,” according to Broker Manager Stephanie Santiago.

The property’s range of features and amenities is designed to cater to the needs of its target market: professionals, young families, investors and homebuyers. During the media tour, Santiago also mentioned strategic discounts that can further entice prospective customers to sign up.

Delfin Angelo Wenceslao, chief executive officer of D. M. Wenceslao and Associates Inc. (DMWAI), MidPark Towers’ developer, said that there has been “substantial take-up ... we’re already at 70 percent” for the property, which was launched in 2019.

He said that MidPark Towers “is our largest project to date,” reflecting their “commitment to delivering quality residential developments that support the growth of Aseana City and the communities we serve.”

DMWAI is the master developer and primary owner of Aseana City, a development project with a total land area of 107.5 hectares located along the coastal waters of Manila Bay.

All four towers offer modern main lobbies, 24-hour security with CCTV, high-speed elevators, and 100 percent standby back-up power. Safety and efficiency are further supported by two fire exits per residential floor, a fully automated fire protection system, water reservoirs with fire reserves, intercom per unit, and dedicated property management services.

Approximately 10 units are assigned to each floor. As of the tour, the price of the property lies at P200,000 per square meter. The respective size and costing of Midpark Towers’ various units are as follows: studio, 40 sqm, P12 million; one-bedroom, 52 sqm, P15 million; two-bedroom, 80 sqm, P35 to P40 million; and three-bedroom, 117 sqm, P25 million.

Santiago said that customers who pay cash up front can receive a significant discount, e.g., the studio unit at a price from P9 to P10 million.

Santiago said that, as added value, they “throw in appliances and furniture for free” for owners who buy the studio and one-bedroom units, including refrigerators, microwave ovens, washing machines, and bed frames. Meanwhile, the two-bedroom and three-bedroom units have “kitchen cabinets, tiled floors, countertops, toilet fixtures and bath.”

The lifetime parking space, which costs about P1.8 million, is optional for owners of the studio and one-bedroom units. However, it is required for customers who choose the two-bedroom and three-bedroom units.

Santiago explained the reason behind these options: “Our other investors are based abroad. They don’t have cars here, or they don’t know how to drive. They don’t need spaces for cars.”

However, should an overseas-based investor who flies in and out of the country choose the two or three-bedroom units, sometimes, “their companies pay for the parking,” said Santiago.

The other lifestyle amenities that residents can enjoy include an outdoor swimming pool, a fitness gym, private and business lounges, function rooms, and a kids’ play area. Additional facilities include lanai spaces and a viewing deck that support everyday comfort within a well-rounded residential environment.

The development provides residents with convenient access to major business centers, transport routes, and everyday lifestyle destinations. It positions itself as a connected and forward-looking district where residential living is seamlessly integrated with business and lifestyle spaces.