Park Central Towers News

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Ayala Land Premier announces most expensive residential project yet
The 69-storey Park Central South Tower will rise across Ayala Triangle in Makati City, with unit prices ranging from P32 million to an unprecedented P477 million

Chrisee Dela Paz
Published 7:35 PM, July 26, 2016
Updated 7:41 PM, July 26, 2016

SOURCE:
http://www.rappler.com/business/industries/175-real-estate/141001-ayala-land-premier-park-central-towers-makati-residential

MANILA, Philippines – Ayala Land Premier, the upscale brand of listed developer Ayala Land Incorporated, announced its most expensive residential project to date – the P20.5-billion Park Central South Tower.

Park Central Towers, its ultra-luxury, two-tower development, will rise at the corner of Paseo de Roxas and Makati Avenue in Makati City.

Its first tower is the 69-storey Park Central South Tower that will rise across Ayala Triangle. It will have 281 private residences with 12 unit designs and layouts.

“Park Central South Tower will sell for an average price of about P300,000 per square meter (sqm). Unit prices range from P32 million to an unprecedented P477 million, with an average unit costing close to P80 million,” Ayala Land Premier sales head Mike Jugo said in a briefing in Makati City on Tuesday, July 26.

Jugo said that his company has sold more than 40% or 116 units of the South tower to date, accounting for about P8.3 billion.

An ultra-luxurious condo property priced at P477 million is “the highest-value primary condo sold in the market today,” Jugo said.

With these unit prices, the Ayala Land Premier executive said the property is targeted for the “ultra-luxury, high-end clients.”

‘Valuable segment’

“Ayala Land Premier competes in a valuable segment in the market. The players are very select, and it is by delivering these one-of-a-kind properties in choice locations that Ayala Land Premier handily distinguishes itself,” said Ayala Land Premier managing director Jose Juan Jugo.

Park Central South Tower’s unit sizes range from two-bedroom units at about 138 sqm to a 3-level penthouse at about 1,635 sqm.

Jugo shared that this 3-level penthouse unit called Anadem Villa One will include a limited common area and a 281-sqm pool deck.

Park Central South Tower will also house 54 units called Aquaview Villas, which feature their own private elevators and a 5.7-meter-high living room area that flows out to a private plunge pool and lounge deck.

Ayala Land Premier’s newest residential project will also feature 54 units called Skyview Villas, which include floor-to-ceiling and wall-to-wall windows wrapped around a 5.7-meter-high living room space.

LUXURIOUS. The tower will feature 54 units called Skyview Villas, which include floor-to-ceiling and wall-to-wall windows wrapped around a 5.7-meter-high living room space.

It will also house 54 units called Gallery Villas, with private elevators.

“There are typically only 5 units per floor. Since most units have their own dedicated private elevators, well-heeled residents will likely not see each other in the elevator lobbies or lifts,” the Ayala Land Premier managing director said.

Park Central Towers will rise on a 15,860-sqm parcel adjacent to another Ayala Land Premier project, Roxas Triangle Towers.

COMPLETING THE BLOCK. These ultra-luxury developments make up the Roxas Triangle block, which is said to be one of the most valuable residential addresses in the Philippines.

These ultra-luxury developments make up the Roxas Triangle block, which is said to be one of the most valuable residential addresses in the Philippines.

The development will also have upscale shops and restaurants.

The renowned Leandro V. Locsin & Partners collaborated with a boutique luxury Singaporean architectural firm, Soo Chan Design Associates, and Japanese design group, Studio Taku Shimizu, to come up with the structural design of the residential tower.

Jugo said Park Central South Tower will begin turnover in 2024. – Rappler.com

****

To reserve a unit, contact:

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

key tags park central towers makati information sales ayala land ayala corporation philippines real estate condominium luxury hi-end ayala hotels

Park Central Towers NEWS

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COCKTALES | Ayala prices Park Central penthouse at – gulp! – P477M
By: Victor C. Agustin
July 22, 2016 6:23 AM

SOURCE:
http://interaksyon.com/business/130625/cocktales–ayala-prices-park-central-penthouse-at—gulp—p477m

Less than two years after it sold a Fort penthouse for a record P200 million, Ayala Land is back with a bigger bang, offering a slightly smaller unit in Makati but at more than double the price.

The three-level, 1,354-square-meter penthouse of the 70-storey Park Central South Tower — 46 sqm smaller than the East Gallery Place penthouse at the Fort — has just been priced at, don’t faint now, P477 million.

At that price level, only the Zobels and a few taipans could spare the cash to literally live on top of everyone else.

Even the smallest units, at 139 sqm, two-bedroom cuts, already range at P33 million, one tandem parking slot included.

The first of the two Park Central Towers that will rise from the ruins of the Mandarin hotel, the south tower pricing makes the still unfinished neighbor, Two Roxas Triangle, look like a bargain or a poor cousin.

When launched nearly three years ago, Two Roxas Triangle priced its standard 302-sqm cuts at P42 million, three parking slots included.

Across the estero, a similar-sized apartment at Central Park South Tower would already cost around P80 million, with only two parking slots included.

The Ayala price surge comes in the wake of the vacancy rate for the luxury condo lease market in the Makati central business district rising to 8.33 percent in the first quarter of 2016, according to industry research firm Colliers, from 5.95 percent of the previous quarter.

Colliers expects the vacancy rate for the luxury condo market within the Makati CBB to still creep higher to nearly 9 percent by the first quarter of 2017.

As to the Park Central Towers, despite the “park” nomenclature, there will be no park views for majority of the units when the first of the towers shall be finished by 2024.

The view of the neighboring Ayala Triangle Park will be covered by the 39-storey office Tower Two and the 23-storey Mandarin hotel, both of which are targeted to be completed by 2020.

Like the twin Roxas Triangle condos, the Park Central Towers will also have their own private garden and, even better, four “sky terraces” in each tower.

The terraces refer to the four-floor tall holes in the building that will each have its own pool, gym and lounge within a 300-400 sqm meter deck.

But unlike the purely residential Roxas Triangle enclave, Park Central will have a four-floor shopping podium on both the Makati Avenue and Paseo de Roxas sides for the residents’ immediate retail therapy.

There is no word yet on how much the association dues would cost at Park Central Towers, but it should be no less than P130/sqm a month plus VAT that One Roxas Triangle currently charges.

At that rate, the future penthouse owner of Park Central South Tower would shell out about P200,000 a month in association dues alone, enough to cover the monthly lease of a 3-4 bedroom bungalow in nearby San Lorenzo Village.

Formal launch of the project is slated sometime in September, but Ayala Land has already been quietly offering the Park Central Towers to friends and close business associates for the first dibs.

SOURCE LINK:
http://interaksyon.com/business/130625/cocktales–ayala-prices-park-central-penthouse-at—gulp—p477m

Park Central Towers INFO

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Park Central Towers Building Artist Perspective 1

 

Project Name:             Park Central Towers

Land Area:                   15,860-sqm

Location:                     Makati Avenue corner Paseo de Roxas, Makati City

No. of Floors:             68

No of Units:                281

No. of Elevators:         8 passenger elevators + 1 passenger/service elevator

Parking:                       5 basement parking levels

Completion Date:       March 2025

Developer:                  Ayala Hotels Inc

 

Park Central Towers Bldg Artist Perspective 2Park Central Towers Makati SkylinePark Central Towers Location MapPark Central Towers Location Map 2Park Central Towers PoolPark Central Towers Retail PodiumPark Central Towers Retail CourtyardPark Central Towers Anadem Villa ThreePark Central Towers Sky TerracePark Central Towers Sky Terrace 2Park Central Towers Anadem Gourmet kitchenPark Central Towers Anadem Villa Entertaiment RoomPark Central Towers Anadem Villa Living and Dining RoomPark Central Towers Aquaview Master BedroomPark Central Towers Aquaview Villa Living and DiningPark Central Towers SKyview Villa Living and Dining RoomPark Central Towers Two Bedroom Gallery Living and Dining RoomPark Central Towers Unit Types 1Park Central Towers Unit Types 2Park Central Towers Unit Type 3

Shared Amenities:

• Fitness Center
• Pool
• Indoor multi-purpose court
• Indoor resident’s lounge
• Social hall
• Function rooms
• Boardrooms
• Indoor children’s play area
• Outdoor children’s play area
• Administration and engineering offices
• Driver’s lounge
• Car wash bay
• Storage
• Motorcourt

Individual Tower Amenities
• Four Sky Terraces (Fitness Center, Plunge pool, Resident’s lounge, Spa)
• Lobby with concierge, mailroom, and meeting lounge

Efficiency and Sustainability
• Efficiency features for common area lights and toilets
• Centralized garbage disposal system

Safety and Security
• Fire detection and alarm system for residential and tower area, retail, and basement parking
• 24-hour security and building maintenance
• Proximity card access for parking, elevators, and amenities
• 100% back-up power
• Integrated CCTV Security System in select common areas
• Motorcourt exclusive to residents and guests only at Lower Ground

Convenience and Services

• Separate and exclusive air-conditioned lobby at the Lower Ground
• Vertical Transport System (8 passenger elevators- 4 of 8 dedicated to select units; 1 passenger/service elevator)
• 5 basement parking levels
• Concierge Services
• Direct residential-only access to retail establishment on the 3rd level

Other Features:
• Retail, dining, service establishments, and dynamic workspaces at the podium level

Unit Types

Anadem Collection
No of units: 7
Size Range: 239 to 1,635 sqm

Aquaview Villas (Three or Four-Bedroom)
No. of units: 54
Size Range: 286 t0 422 sqm

Skyview Villas (Three or Four-Bedroom)
No. of units: 54
Size Range: 229 to 284 sqm

Gallery Villas (Two or Three –Bedroom)
No. of Units: 54
Size Range: 202 to 336 sqm

Glass Suites (Two or Three-bedroom)
No. of units: 112
Size Range: 138 to 241 sqm

PREMIER PARTNERS

ARCHITECT-OF-RECORD
Leandro V. Locsin and Partners

ENGINEER-OF-RECORD
Sy^2 + Associcates

ELECTRICAL CONSULTANT
Meralco Energy Inc.

MECHANICAL CONSULTANT
DCCD Engineering Corporation

SANITARY PLUMBING AND FIRE PROTECTION CONSULTANT
NBF Consulting Inc.

LIFT Consultant
Roy Barry & Associates

FACADE CONSULTANT
ALT Cladding, Inc

QUANTITY SURVEYOR
Arcadis

PROJECT MANAGEMENT
Bureau Veritas

GENERAL CONTRACTOR
Makati Development Corporation

PROPERTY MANAGEMENT
Ayala Property Management Corporation

DEVELOPER
Park Central Towers is a project of Ayala Hotels, Inc, a joint venture between Ayala Land, Inc and the Ayala Corporation, bringing the latest in premium residences and lifestyle destinations

TURNOVER
Residences turnover in 2024
Beginning January 2024 – First Tranche (5th to 21st Floor)
Beginning March 2024 – Second Tranche (22nd to 37th Floor)
Beginning May 2024 – Third Tranche (38th to 54th Floor)
Beginning July 2024 – Fourth Tranche (55th to 64th Floor)

TLS ENCRFO NO. 15-11-031

Project Location: Makati Avenue corner Paseo de Roxas, Makati City
Project Completion: March 2025
Project Developer: Ayala Hotels Inc

For more info:

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

key tags park central towers makati information sales ayala land ayala corporation philippines real estate condominium luxury hi-end ayala hotels

 

East Gallery Place – BGC

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For inquires:

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

HLURB TLTS No. ENCRFO-15-06-016
Project Location: 11th Ave. cor 28th St., High Street South,
Bonifacio Global City. Fort Bonifacio, Taguig City. | Project Completion: February, 2021
Project Developer: BG West Properties Inc. | Advertising Approval No: HLURB ENCR AA-NCR-15-06-481

Riomonte Price Increase

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Screen Shot 2016-07-12 at 10.39.36 AMPrice increase on all remaining lots in Riomonte effective August 1, 2016.

COCO MIDEL
M: +63.917.502.9252
E: coco.ayala@gmail.com
REBL 5279 / HLURB 000327

Booming Property Sector

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MARKET RIDER
The booming property sector

SOURCE: http://business.inquirer.net/211628/the-booming-property-sector

By: Den Somera
@inquirerdotnet
Philippine Daily Inquirer
12:03 AM July 5th, 2016

The property sector is expected to continue its robust performance in the next four years.

Note that the revenues of the property industry grew at a compounded annual growth rate of 17 percent from 2010 to 2015. The major players to have captured the lion’s share were: Ayala Land, Inc. (ALI), SM Prime Holdings, Inc. (SMPH), Megaworld Corp. (MEG) and Robinsons Land Corporation (RLC).

A look into the firms

Ayala Land, a subsidiary of listed Ayala Corp., is the largest property developer in the country today. Its core businesses include landbank management, residential development, shopping centers, corporate businesses and hotels.

Ayala Land’s “net profit rose 19 percent year on year to P12.8 billion in the first nine months of 2015 from P10.79 billion, anchored on a 10 percent jump in consolidated revenues to P75 billion.” The firm is targeting a 20-percent annual growth rate to hit a net income of P40 billion by 2020.

Read more: http://business.inquirer.net/211628/the-booming-property-sector#ixzz4Ds7u1wTT
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Sandbox News

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Ayala Land treats Olongapo kids to Sandbox
posted July 03, 2016 at 08:00 am by Edgardo S. Tugade

SOURCE:http://thestandard.com.ph/lifestyle/sunday-living/209643/ayala-land-treats-olongapo-kids-to-sandbox.html

How does a real estate company give young people a fun and healthy break before school starts again? By treating them to a day at Sandbox, Ayala Land, Inc.’s (ALI) leisure destination for young urban families, located at Alviera, the company’s mixed-use development in Porac, Pampanga.

ALI invited The Standard to share the exhilarating experience of 50 kids from Niños Pag-asa (which offers home care for children with disabilities) and Preda Foundation Youth Center (which reforms and rehabilitates abused young women) at the outdoor recreational park that is Sandbox. The kids, who are beneficiaries of Children’s Hour Philippines, Inc. (CHPI), were partnered with ALI employees and were divided into two groups— blue and green. These two groups took turns at the two main attractions of the place.

Screen Shot 2016-07-09 at 9.42.11 AM

An ALI volunteer checks his student partner’s safety gears before taking on the zip line challenge together at Sandbox.

This activity was brought about by ALI’s partnership with CHPI to come up with a unique Friends Raising Program (FRP). FRP is a regular activity offered by CHPI for companies like ALI to promote volunteerism and social responsibility. As part of the program, ALI also turned over its employee donations generated from CHPI’s One Hour Campaign, where individuals are encouraged to donate an hour’s worth of their annual salaries for the non-profit organization’s various projects. Children’s Hour was founded by Jaime Augusto Zobel de Ayala and is supported by numerous companies and institutions including the Ayala Group.

Before lunchtime, the blue group tried wall climbing, free falling and roller-coaster zip lining, while the green group tried the aerial walk obstacle course. At this point, the interaction between the children and employees became more apparent. One can see them sharing stories and cheering each other on. After lunch, the blue and the green changed places. They also had the option to try the giant swing, which rang with the screams of the riders. Archery is also offered onsite.

Screen Shot 2016-07-09 at 9.43.19 AM

An ALI volunteer and her Children’s Hour buddy congratulated each other after completing the zip line challenge.
Lunch was piping hot adobo and tinola cooked in bamboo tubes by the indigenous people (IP) from Barangay Sapang Uwak, up the mountain range across the estate, served with rice cooked using the same technique called binulu. The elder IPs showed how to build fire using river stones and dried grass after lunch, followed by an impromptu program in which one of the kids sang “Meron Ba?” and some IP children willingly rapped a self-composed piece that tells the story of their community.

The Aetas have a small store at Sandbox to market the products and handicrafts of their cooperative, Ayta Kalamu Ka Kooperatiba.
John Estacio, Alviera general manager, said “We work hard to ensure that the culture and welfare of the indigenous community in the area are protected. A few members of the community have in fact started to work with us at the estate and have been very effective with ground maintenance and landscaping work.”

Estacio also shared that they aimed for “progress that radiates outward” and wanted the local community, including the IPs from Brgy. Sapang Uwak, to “grow with us.” An anthropologist helped Estacio’s team to properly learn and understand the IP way of life and also introduce livelihood projects in the larger local community. Seventy percent of the employees at Alviera are locally hired, in line with the company’s commitment to offer employment opportunities in Central Luzon.
Alviera, a 1,100-hectare integrated mixed-use development, will be an economic growth center, Estacio said, with an industrial park, three housing projects – Ayala Land Premiere, Alveo and Avida – schools, hotels and resorts, a country club and a retail district. The estate is just 1-1/2 hours from Manila, 20 minutes from Angeles and San Fernando, five minutes from Clark (and its airport), and 40 minutes from Subic (and its freeport). Phase I, which covers all these developments, is expected to be finished next year. Soon, two schools – Holy Angels University and Miriam College— will rise on the area.

The 31-hectare industrial park will house 16 light to medium, non-polluting industries registered with The Philippine Economic Zone Authority. These will go into plastic packaging, electronics, food processing and motorcycle assembly. Sandbox, on the other hand, will soon expand to include urban carting, a mini-golf course and a food and beverage place near the ticket counter.

Screen Shot 2016-07-09 at 9.44.28 AMThe author (rightmost side) joined ALI and Children’s Hour participants in a photo taken at the grounds of Sandbox Alviera.

SOURCE: http://thestandard.com.ph/lifestyle/sunday-living/209643/ayala-land-treats-olongapo-kids-to-sandbox.html

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