Property developer DoubleDragon Properties Corp. has signed an agreement to develop a 300-room five-star Ascott luxury serviced apartment property in its Meridian Park Manila estate.

The 4.8 hectare flagship mixed-use development will consist of eight towers with 230,000 square meters of leasable space.

Ascott DD-Meridian Park is set to break ground within the year and joins Ascott-branded serviced apartment properties operational in the Philippines including Somerset Millennium Makati, Ascott Makati, Citadines Salcedo Makati, Somerset Olympia Makati and Ascott Bonifacio Global City Manila. Citadines Cebu is opening by next year.

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