First Clark Serviced Residence Groundbreaking

Another Milestone for Udenna Land: Breaking Ground for First Clark Serviced

Clark Global City (CGC), a 177-hectare master-planned, mixed-use estate envisioned to be
the next Business Center of Excellence, is now home to First Clark Serviced Residence —
the first service apartment building in CGC.

As more businesses and people move to CGC, First Clark Serviced Residence will be there
to serve as their second home. This 16-storey building will have 286 units and is targeted to
be completed by the end of 2024.

To jump start the construction of the First Clark Serviced Residence, Myung Dang Plus
Development, Inc., FineTME Inc., and Udenna Land, Inc. (ULI) held a groundbreaking
ceremony last November 11, 2022. Gracing the event were Atty. Agnes VST Devanadera,
President of Clark Development Corp. and Wilfredo Placino, President of ULI who shared
that this project is a first in CGC since the pandemic struck — a truly significant milestone for
the ULI team.

“Thank you to Myung Dang for believing in our vision for CGC to create a smart, safe, and
sustainable environment for Philippine and international businesses in the country. This
development is a testament that CGC will be the next Commercial Business District outside
Mega Manila. We are optimistic that more investors will follow soon with the Philippine
economy gradually recovering,” Placino remarked.

With CGC’s proximity to the Clark International Airport and other critical transportation hubs,
superior connectivity, disaster-resilient structures, and access to an educated and skilled
talent pool within the area, CGC is well-positioned to be a partner to success for businesses.

Partnering for a smart, safe, and sustainable future

ULI and GGDC President Wilfredo Placino optimistic about future investments in CGC