Secondary Market Watch – Two Roxas Triangle

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For more info: Mobile +639175029252

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Two Roxas Triangle Update

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As of July 2017, concrete works are ongoing at the 49th level.

M: +63.917.502.9252
REBL 5279 / HLURB 000327

Drive Around Roxas Triangle

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One and Two Roxas Triangle Towers are both sold out. A few units remain in Park Central Towers. Contact me for inquiries.

Park Central Towers 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

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M: +63.917.502.9252
REBL 5279 / HLURB 000327

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Reshaping Land, Reshaping Lives

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At Ayala Land, Inc., we don’t just reshape land – we reshape lives. We create spaces that inspire, and reshape communities – whether through walkable estates that encourage healthy living, leisure experiences that give shape to special memories, workspaces where goals are made and achieved, or homes where families are nurtured. We reshape potential into engines of growth and economic development for more Filipinos.

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M: +63.917.502.9252
REBL 5279 / HLURB 000327

Two Roxas Triangle Availability

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two roxas triangle

M: +63.917.502.9252
PRC License 0005279 / HLURB 001035

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Ayala News

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Under the streets and dreaming
By Igan D’bayan (The Philippine Star) | Updated July 6, 2015 – 12:00am

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.

Ayala Triangle Gardens Development FAQs

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1. What is being developed in Ayala Triangle Gardens?
Ayala Land is currently developing the northern tip of Ayala Triangle Gardens to make way for Tower 2, a high grade office tower with 38 floors, the 5-star Mandarin hotel with 22 floors, and a retail podium that will connect the two towers. Equally important to the towers, we will build new civic spaces that will expand the gardens and enhance the experience of the public.

2. What other improvements will we see?
We carefully planned the development to make sure that the open spaces are integrated to the buildings to create more enjoyable experiences for everyone. With the gardens expanded, there will be new gathering places for different events and activities.

3. How will the retail podium be different from the malls and other commercial establishments around the city?
We envision the small retail podium to have a variety of offerings catering to the general public. With easily accessible and affordable dining, the office workers will be able to enjoy this extension to the currently well-loved Restaurants at Ayala Triangle Garden. This will encourage more visitors during the weekend so we will ensure that the offerings will also cater to families living around the city.

4. How much open space will be left after the development?
We masterplanned Ayala Triangle Gardens to leave 60% as open spaces for the public to use and enjoy.

5. If 60% of the gardens will remain open after the development, why is the area boarded-up big?
The board-ups cover 1.8 hectares of the 7-hectare Ayala Triangle Gardens but the footprint of the buildings will only be 1.1 hectares. The boarded up area is big to give enough space between the construction and the flow of pedestrians since we give high importance in ensuring the safety of the public. In addition, we need space for the staging area when we construct the basement parking.

6. Will there be sufficient parking available when the development is finished?
We will have sufficient parking spread across 6 basement levels.

7. What will happen to the trees?
All 71 affected trees have been replanted—60% within ATG and 40% in Circuit Makati.
To ensure careful management of the existing landscape, we are working with Joseph Server and Associates, Inc. which is a team of full time foresters and horticulturists dedicated to tree care and who are familiar with the latest best practices for tree management.

8. What’s going to happen in ATG during construction? Will it remain accessible to everyone?
ATG will remain open to the public so you can still do your daily activities. Additionally, there will be no disruptions to traffic and no road closures.

9. How long will construction be?
Since we are building two towers, the construction will take 5 years to finish. The development will be available to the public by 2020.

ayala triangle gardens

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M: +63.917.502.9252
PRC License 0005279 / HLURB 001035

Unit 9C in Two Roxas Triangle

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Unit 9C Two Roxas Triangle (TRT)
304 sqm
With 3 parking Slots
Price: P61,819,049
License to Sell No. ENCRFO-13-06-018

two roxas triangle

two roxas triangle

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Payment Options:

Reservation Fee – P500,000
20% downpayment + 12% VAT – P16.66M
80% spread from Aug 2015 to January 2019 – P1,021,500/month
Other Charges on Dec 2018 – P1.76M

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M: +63.917.502.9252
PRC License 0005279 / HLURB 001035

Two Roxas Triangle Price Increase

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Price increase of 2% scheduled on remaining units in Two Roxas Triangle on July 1, 2015.
All reservation made before July 1 will still use old price.

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M: +63.917.502.9252
PRC License 0005279 / HLURB 001035

Ayala Triangle News

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There will be more open space after new project, Ayala Triangle developers promise

Vocal individuals expressed “shock” and questioned the logic behind Ayala Land Inc.’s (ALI) decision to fence off and start clearing a prime corner of Makati’s Central Business District early April in preparation for digging an underground parking lot and building a pair of skyscrapers and several low-rise commercial spaces.

Once the project is finished, however, ALI innovation and design group VP and chief architect Joel Luna and his team promise to give the public a better, more family-friendly “community space” that’s actually bigger and, based on artists’ perspectives, more postcard-pretty.

In a metropolis that has become more congested and commercialized by the day, a letter writer to the Inquirer asked: “Wouldn’t we enjoy a green park with no buildings, no retail (spaces) and no restaurants?”

Certain environmentalists also want to know what would happen to the trees. Would families, office workers, joggers and dog lovers be deprived of one of Makati’s last remaining open spaces?

Most expensive

Even before they started building on the “most expensive” piece of real estate in the Philippines a few months ago, people from ALI were already bracing themselves for any likely fallout.
“We knew beforehand that people would be hesitant to change and defend the status quo,” said Luna. “We understand where they’re coming from, but we all have to go through this temporary inconvenience while things are under construction.”

The 1.9-hectare prime land is on the northern tip of the seven-hectare Ayala Triangle. Hemmed in by Paseo de Roxas to the west and Makati Avenue to the east, the site will have a 32-story office tower and 22-story Mandarin Oriental hotel.

The developers are calling the new building Tower 2.

When it was inaugurated in 1998, the 38-story Tower 1, designed by National Artist for Architecture Leandro Locsin (it was one of his last projects), was the country’s tallest building.

The land, contrary to not a few people’s impressions, is private property.

Although ALI chose to open up and turn part of the land into a park for public use in 2009, the property belongs to ALI, which not only funds the park’s upkeep, but also pays the Makati city government huge real estate taxes annually.

“The development is 1.9 hectares, but the buildings would occupy just a little over half that space. The rest would still be open space,” said Mariesheilla Aguilar, ALI’s project development manager.

That open space would be added to Ayala Triangle’s existing three hectares of open, developed space, making the park bigger once the entire project is finished by 2020.

Technically, no new building would eat up precious space from the existing park since Ayala Triangle’s northern tip has been closed to the public ever since, save for a pathway to allow pedestrians and joggers to traverse two major thoroughfares.

Fenced off

To ensure public safety, ALI had to fence off the pathway more than a month ago before digging starts middle of June. To save existing trees, the developer made sure that the planned buildings would have a small footprint.
“It took us more than a year to design everything because we wanted to make sure that both buildings sit lightly on the land,” said Luna. “Apart from showing visible greenery, our intent was to make the buildings seem to rise out of the ground.”

Luna and his collaborators even positioned the structures in such a way as to avoid most of the trees. Still, more than 70 trees would be affected.

Instead of cutting them, ALI will have these healthy trees balled out and replanted within the park or in one of its many projects.

What about the proposed commercial establishments? For sure, building a multi-story covered mall on the scale of Glorietta or Greenbelt is out of the question.

Based on ALI’s past experiences, hosting a good mix of commercial establishments in a business district is necessary to encourage human activity, draw the right crowd and discourage shady characters, especially at night, from engaging in all sorts of illicit trade.

ALI envisions its new tenants, again composed mostly of restaurants, to be accessible from the street and garden.

Since Ayala Triangle’s opening to the public in 2009, the area also saw the birth of a fitness culture. Thus, a huge, open-air garden has become de rigueur in all of ALI’s more recent developments.

“We will also devote a permanent space to regular events and activities,” said Luna. “One example is the annual Christmas lights show. We need to come up with more of these seasonal events to draw the public in.”

The Ayala Triangle project, conceptualized back in 2008, was seven years in the making. Back then ALI was all set to develop the remaining unused areas of the triangle when the world financial crisis struck.

Instead of abandoning its plans, the company went ahead and developed part of the area. Except for the fenced off northern tip, Ayala Triangle was transformed almost overnight into a modern, picturesque park hosting a select lineup of restaurants.

As land values continue to appreciate, given the country’s growing economy, ALI feels that the time is right to reactivate its plans.

“The public just has to rely on Ayala Land’s track record,” said Luna. “We have always been a responsible developer. We haven’t done anything that would destroy our name.”


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