West Gallery Place News

July 28, 2015

Coco Midel East Gallery Place (BGC), West Gallery Place in BGC Leave a comment

Ayala Premier launch new luxury tower, sells one unit for P204M
by James Loyola
July 28, 2015 (updated)

SOURCE: http://www.mb.com.ph/ayala-premier-launch-new-luxury-tower-sells-one-unit-for-p204m/#x0HhSif0y47DLAHt.99

ALP said the new development provides its premium market a second opportunity to live in the coveted High Street South Block in BGC. The area is touted as BGC’s cultural district for its boutiques, restaurants, and creative office spaces.

“ALP is renowned for notable products such as the Roxas Triangle Towers in Cruzada St., Makati and The Suites in One Bonifacio High Street. We bring that same quality and distinction to these properties in High Street South,” said ALP managing director Jose Juan Jugo in a press briefing.

The new 49-storey luxury residence follows the success of its forerunner, which has sold P9.3 billion worth or 84 percent of its inventory to date, said ALP project development manager for residential buildings Paolo Ilusorio said.

West Gallery Place, which has units priced at an average of P234000 per square meter or P13 million to as much as P204 million, is expected to perform just as well. He said some 48 units have been sold in just the past month valued at P1.6 billion.

The tower features 420 units ranging in size from 52 sqm for a one-bedroom Classic to a spacious 701 sqm for a four-level Villa – a townhouse-like unit at the center of BGC with a pool at the ground level and a private elevator which was immediately sold for P204 million.

The Skyrise 49, a special unit on the topmost floor, is a super spacious 832 sqm unit with four-meter high ceilings in the living and dining areas, a pool and an expansive outdoor deck.

Aside from its prime location, West Gallery Place is surrounded by greenery on three sides. Gallery Park is on the South and East, and an unobstructed view of Terra 28th can be enjoyed from the West.

Gallery Park separates the two residential towers which are similar, but stand distinctly in design structure and innovative unit offerings.

West Gallery Place boasts of eight residential formats: Classic units in the South Wing, four-level and two-level Villas, the Skyrise, Skycove units, Park View units, Courtyard and 3BR Corner and the 2BR Flats.

Read more at http://www.mb.com.ph/ayala-premier-launch-new-luxury-tower-sells-one-unit-for-p204m/#x0HhSif0y47DLAHt.99

Unit 6H Garden Towers 1

July 28, 2015

Coco Midel Garden Towers (Makati) Leave a comment

Unit 6H Garden Towers 1
2-Bedroom
137 sqm
With 1 Parking Slot
Price: P27,543,330 (inclusive of VAT, Parking, other charges)

Ayala Center, Makati
Philippines
License To Sell No. 28463

garden Towers

Garden Towers

PAYMENT OPTIONS

Option 1
Reservation – P200,000
10% Downpayment – P2.47M
10% spread over 30 months – P89,200/month
80% lumpsum on the 31st month – P21.39M
@ 0% interest

Option 2
Reservation – P200,000
20% downpayment + Full VAT – P7.44M
80% spread until Nov 2018 – P464,200/month
@ 0% interest

Option 3
Reservation – P200,000
20% downpayment (spread VAT) – P5.14M
20% spread until Nov 2018 – P231,600/month
60% lumpsum – P16.12M

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
CC midel.jerico@ayalaland.com.ph
PRC License 0005279 / HLURB 001035

Anvaya Cove Golf Club Share NO DP Promo

July 28, 2015

Coco Midel Anvaya Cove (Bataan) Leave a comment

anvaya cove

Anvaya Cove offers a NO DOWNPAYMENT Scheme for the Golf Sports Club share for just P10k/month for 23 months!
Promo runs from August 1 to September 15, 2015.

*Lumpsum will be on the 24th month

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
CC midel.jerico@ayalaland.com.ph
PRC License 0005279 / HLURB 001035

Mandarin Hotel News

July 21, 2015

Coco Midel Real Estate News Leave a comment

Iconic Mandarin Oriental soon to be reduced to rubble

SOURCE: http://www.bworldonline.com/content.php?section=Corporate&title=iconic-mandarin-oriental-soon-to-be-reduced-to-rubble&id=111459

AYALA Land, Inc. (ALI) said it will begin demolishing the Mandarin Oriental Manila — a signature feature of Makati’s skyline — and will spend about P12 billion to redevelop the Ayala Triangle Gardens where a new Mandarin Hotel will rise.

AFTER nearly 40 years of being one of Makati City’s most iconic structures, the Mandarin Oriental Manila will be reduced to rubble and a condominium tower is planned for the site, listed builder Ayala Land, Inc. said. — WWW.INTERAKSYON.COM
A residential tower is planned for the site, which sits on the corner of Makati Avenue and Paseo de Roxas. The property giant hopes to start selling units this year, ALI Chief Financial Officer Jaime E. Ysmael told reporters last week.

“We will soon commence the demolition of the building. Once we got the license to sell, we will launch it,” Mr. Ysmael said.

“We need new inventory for Makati so that will be the next one.”

Across the old Mandarin Hotel site is the Ayala Triangle Park. That complex will be home to the new five-star hotel. Ayala Land is also building a premium office building there, Mr. Ysmael said.

“I think P12 billion is the capex (capital expenditure) for that complex.

It will be consistent with the original plan,” Mr. Ysmael said, adding that hotel construction starts this year.

In June last year, the hotel’s former owner Mandarin Oriental Hotel Group had said the new luxury hotel will open in 2020.

BUILDING WITH ORTIGAS, SM
Ayala Land is also hammering out a five-year roadmap with SM Prime Holdings, Inc. and OCLP Holdings, Inc. for four main properties of the Ortigas family.

OCLP Holdings is the investment holding firm of the Ortigas family.

The master plan, which will determine OCLP Holdings’ capital spending requirements, will focus on the following: Greenhills in San Juan; Circulo Verde in Libis, Quezon City; and Capitol Commons and Tiendesitas in Pasig City.

The roadmap will also include plans for the family’s land bank in the Ortigas central business district, roughly 212 hectares of land in the Rizal province owned by Concrete Aggregates Corp., and portions of Camp Crame and Camp Aguinaldo along EDSA.

“There’s an existing plan that is up to 2020. We are now reviewing it and try to align it with the plans for Ayala Land,” Mr. Ysmael said.

“We will also craft a land-banking strategy because there are also some attractive areas that we want to pursue but all of that will be part of the five- to six-year plan that we need to finalize within the year,” he said.

After a legal battle that lasted two years, the SM and Ayala groups decided to settle their differences in November last year and jointly manage OCLP Holdings.

Asked about ALI’s performance in the second quarter, Mr. Ysmael said: “It is still consistent relative to the first quarter. We are still in line with the plan.”

The real estate firm reported a 19% growth in net earnings to P4.1 billion at end-March, fueled by the higher contribution of its property development and commercial leasing business.

Under its 2020 Vision, Ayala Land is targeting a 20% annual growth rate to hit a net income of P40 billion. — Krista Angela M. Montealegre

Ayala + Generika News

July 21, 2015

Coco Midel Uncategorized Leave a comment

Ayala group buys 50% of drugstore chain Generika
By: Doris Dumlao-Abadilla

THE AYALA group has entered the affordable pharmaceutical retailing business with the acquisition of a 50 percent stake in the Generika group, one of the pioneers in the distribution of quality generic medicines.
Ayala Healthcare Holdings Inc., a wholly owned subsidiary of Ayala Corporation, signed agreements on Thursday to buy a 50 percent stake in the Generika group – which has a 500-store drugstore network nationwide – from the family of Julien Bello.
Generika co-founder Teodoro Ferrer and his group will continue to hold the remaining 50 percent ownership in Generika and continue to serve as the president and chief executive officer of the group.

“We are excited to be part of Generika and help address the gaps in affordable retail healthcare. We believe this is an excellent platform for Ayala to reinvent the space and serve as foundation for our emerging healthcare portfolio,” Ayala president and chief operating officer Fernando Zobel de Ayala said in a statement on Thursday morning.

“With the combined strengths and management capabilities of Ayala and Generika, we believe we can raise the level of efficiency and accessibility of this platform to better serve Filipino families by providing a wide range of quality medicines at affordable prices,” Zobel added.


“On behalf of Generika, we wholeheartedly welcome the entry of Ayala Healthcare. We are especially excited by the enhanced capability to have a meaningful impact on the health and lives of many more communities all over the country,” Ferrer said.

The Ayala group started its footprint in the healthcare sector in 2014 through QualiMed, Ayala Land Inc.’s chain of hospitals and satellite clinics, in partnership with the Mercado medical group.

Mabuhay Capital served as financial advisor to the group of Bello in its transaction with Ayala Healthcare.

Read more: http://business.inquirer.net/195377/ayala-group-buys-50-of-drugstore-chain-generika#ixzz3gVskYTuU
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Ayala + Puregold

July 21, 2015

Coco Midel Real Estate News Leave a comment

New supermarket to open in Ayala malls
By Jenniffer B. Austria | Jul. 12, 2015 at 11:30pm
SOURCE:
http://manilastandardtoday.com/2015/07/12/new-supermarket-to-open-in-ayala-malls/

A 50-50 joint venture between Ayala Land Inc. and Puregold Price Club Inc. will soon launch a new retail brand called “Merkado Supermarket.”

Mekardo Supermarket, which needs board approval from both companies, will be based in Ayala-run shopping malls and will target the middle-income segment.

The strategy of building mall-based supermarkets will enable Puregold, the current second largest supermarket chain, to tap a broader market as most of its supermarkets are stand-alone stores.

By venturing into mall-based supermarkets, Puregold and Ayala Land will directly compete with SM Retail, the leading supermarket chain owned by the Sy family, which has been the anchor supermarket for all SM shopping malls.

Based on initial plans, Merkado will be located within Ayala-owned shopping malls. At present Ayala Land’s shopping mall in Fairview, Quezon City has Puregold as its supermarket tenant.

Ayala Land’s Varejo Corp. and Puregold’s Entenso Equities signed a joint venture agreement last year to develop and operate mid-market supermarkets for some of Ayala Land’s new integrated and mixed-use developments.

However, it is only now that the joint venture partners unveiled their plans for the venture.

Ayala Land Premier Openhouse

July 21, 2015

Coco Midel Real Estate News Leave a comment

ayala land premier openhouse

Ayala Land Premier Openhouse
2015 July 26, SUNDAY
11:00 AM TO 5:00 PM
Ayala Museum, Makati City

RSVP

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
CC midel.jerico@ayalaland.com.ph
PRC License 0005279 / HLURB 001035
PRC License 0005279 / HLURB 001035

ALI Quick Stories

July 12, 2015

Coco Midel Real Estate News Leave a comment

ALI group soars at the Philippines Property Awards 2015

Ayala Land, Inc. (ALI) garnered the special recognition for Corporate Social Responsibility at the Philippines Property Awards 2015 held at Fairmont hotel last night, July 9. The CSR recognition, which is one of the highest awards of the night, is a testament to the company’s commitment to sustainability which it delivers through its four focus areas: site resilience, pedestrian and transit connectivity, eco-efficiency and local employment.

Ayala Malls supports Comelec’s voter registration initiatives

Ayala Land has partnered with the Commission on Elections (COMELEC) to set up interim voters’ registration centers in 11 of its malls nationwide. The company expressed its appreciation to COMELEC for choosing Ayala Malls as a host for their campaign.

Ayala Land Premier expands Nuvali presence with Riomonte

Ayala Land Premier (ALP) has recently launched its seventh residential project at Nuvali, an 85-hectare exclusive community that offers spacious lot cuts averaging 530 sqm. with some lots reaching around 800 sqm. Riomonte is a masterplanned development composed of five pocket neighborhoods.

For Property Inquiries:

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
CC midel.jerico@ayalaland.com.ph
PRC License 0005279 / HLURB 001035

Ayala News

July 8, 2015

Coco Midel Garden Towers (Makati), Park Terraces (Makati), Real Estate News, The Residences At Greenbelt (Makati), Two Roxas Triangle (Makati) Leave a comment

Under the streets and dreaming
By Igan D’bayan (The Philippine Star) | Updated July 6, 2015 – 12:00am
SOURCE:http://www.philstar.com/arts-and-culture/2015/07/06/1473689/under-streets-and-dreaming

MANILA, Philippines – Moscow maybe gray, mostly granite and immaculate with snow (on some days, above ground) but underground, in the metro stations, it is a different story altogether. Each is like palatial spaceship radiating with throbbing artificial suns: Elektrozavodskaya, Mayakovskaya, Shosse Entuziastov, Nakhimovsky Prospekt. Each stop is like an everyday commute through time and space and alternative histories. These stunningly futuristic, steampunk-like stations give the city (already boasting a Dostoevsky-and-Tolstoy level of coolness with its Bolshois, cosmonauts, revolutions and human drama by the Moskva) infinitely more charm. So, when we heard the city of Makati is turning its underpasses into art enclaves, we had to check them out for ourselves.

“Makati is rich in history and heritage, but our vision is to make the city even more beautiful through something as simple as art murals,” explained Dave Balangue, president of MaCEA (Makati Commercial Estate Association). “Beyond aesthetics, we want to promote Makati as a livable city and to give a more enhancing experience to pedestrians.”

Last year, Balangue and company approached Ayala Land Inc. and Art Fair Philippines to develop murals in the Makati Ave. and Legaspi areas. This time, MaCEA has partnered with four corporations — Nestle, Security Bank, RCBC and Shell — in transforming each underground space into something else entirely.

Art is an extension of Ayala, according to Ayala Land Inc. assistant VP and head of corporate brand marketing Cathy Bengzon. “It is important to see beyond the infrastructure. Those kinds of artwork will not only make pedestrians forget that they’ve been walking a long time, but — more importantly — will inspire and uplift them.”

At the press launch, Nestle’s Kitkat was represented by Gian Ricalde of J. Walter Thompson. The Sedeno underpass has been festooned with “patterns of ‘breakers,’” a sort of message to the hardworking employees in Makati to, as the slogan goes, “Take a break.” Ricalde explained, “We’re so used to a particular way of thinking, a certain way of doing things, but art opens up minds of people.”

Geraldine Dy of Security Bank said the motif for the Paseo de Roxas underpass is “the company as rocket-launcher” for the youth to reach for the stars and follow their dreams — whatever they may be. “When we started working on the mural, we wanted to have this sense of motion going through the tunnel.” Security Bank EVP Belen Lim added, “In a city, all see are traffic lights and CCTV cameras, it’s time for us to see something more interesting.”

The idea of RCBC, which was in charge of the V.A. Rufino underpass, was to illustrate its role in “bridging community gaps” and “building blocks of development.” RCBC marketing support services head Letty Armada said the mural focuses on its corporate social responsibility initiatives as well as its e-banking services. “With our Yuchengco Museum, art is already an important part of our company.”

Shell’s Paulo Gavino revealed how some of the winners in the company’s art competition created the Salcedo underpass mural. “It’s a collaboration among 10 past winners of the Shell National Student Art Competition. For the past 47 years, we’ve been nurturing student artists. We are all here for business, but art is all about enriching lives.”

Moscow and Makati, well, the difference is interstellar. But for the Makati pedestrians working their tails off every day for the almighty wage, it will be refreshing to look up when they’re walking through any of the particular tunnels, expecting to see blankness.

Seeing, instead, a stun of colors.

Arca South News

July 8, 2015

Coco Midel Arbor Lanes in Arca South, Arca South (Taguig), Real Estate News Leave a comment

Arca South: The next BGC
Watch out for the new kid on the block. Arca South is going to be the next big thing

Nikki Natividad

Published 4:54 PM, Jul 06, 2015
Updated 6:27 PM, Jul 06, 2015
SOURCE: http://www.rappler.com/brandrap/rich-media/92174-arca-south-next-bgc

MANILA, Philippines — It doesn’t seem like too long ago when Fort Bonifacio was just a vast piece of idle land. There were only a handful of buildings cutting the skyline, and more people jogging, kids riding bicycles and flying kites on the grass. Named after the father of the Philippine Revolution, Andres Bonfiacio, this former military base has come a long way since then (Read: Andres Bonifacio: Myths, trivia, execution).

Now, The Fort or BGC as we have come to know it, is the budding image of progress and cosmopolitan Manila. Located near the Ninoy Aquino International Airport and Makati City, as well as acting as a crossroad for 4 the of country’s largest road arteries, it’s no surprise that BGC is a flourishing hub for retail, commerce, top residences and even the arts. In a matter of some 12 years since its development, it has become a coveted address.

Following in the footsteps of this successful venture is another real estate project — namely, Arca South.

Making use of a similar business model, Arca South is expected to be a city in sync with the lifestyle of vibrant and contemporary folk. Using BGC as a peg, here is a forecast of how Arca South is going to look like. Slide the arrow from left to right to see the similiarities with BGC and Arca South.

Key accessibility

Where Fort Bonifacio boasts of its convenient location, Arca South will be launched on the former FTI complex with accessibility as its key advantage. It is located along the East Service Road of the South Luzon Expressway (SLEX), and will be beside the much-anticipated modern Integrated Transport System. The government also has plans creating a direct link from the Metro Manila Skyway, making it conveniently accessible for commuters and private motorists alike.

It’s from this feature of Arca South that its name was inspired. Arca is derived from the word “arch”, which represents the development as a “welcoming entrance” to those coming from the south. But it can also be interpreted as a gateway to growth and development.

Diverse Lifestyle center

Just as BGC is a central business district and lifestyle hub, Arca South provides all the amenities to complement daily life organically. A variety of malls and lifestyle developments are set to rise in the 740,000 square meter destination, and is sure to satisfy the cravings of any energetic, on-the-go city dweller.

Arca South will also have its own version of Bonifacio High Street, featuring an open spaced shopping center that features upscale fashion stores, specialty retail centers, trendy restaurants, as well as artful parks that are perfect for picture-taking sessions, hanging out with the kids, and walking the dogs.

Budding business district

There are already 9 corporate towers as well as a 265-room Seda Hotel, a 250-bed quaternary care hospital are already set for camp in Arca South. And because of its accessibility, it’s an ideal site for buildings for the BPO industry.

Residential Communities

Arca South will feature a 24/7 Operations Center to manage traffic and real-time alerts and emergency response units to ensure everyday safety, while each of its residential homes will be fully furnished with integrated basement parking and a stellar view. And just like BGC, Arca South is a highly pedestrianized center.

Alongside its focus on innovation and development, it also values garden living and sustainability. Hence properties like Arbor Lanes highlight nature-infused and intimate garden living. And once completed, Arca South will be able to accommodate up to 60,000 residents.

If BGC was transformed from a military base to its current stature as the embodiment of modern city living, one only needs to look at Arca South for another incredible change in landscape and lifestyle. — Rappler.com

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