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

East Gallery Place & Two Roxas Triangle News

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COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

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Ayala Land News

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Up to 20% of luxury properties goes to international buyers – Ayala Land exec

By ROUCHELLE R. DINGLASAN

SOURCE:
http://www.gmanetwork.com/news/story/382901/economy/companies/up-to-20-of-luxury-properties-goes-to-international-buyers-ayala-land-exec

Fifteen to 20 percent of the luxury properties sold by Ayala Land Premier are bought in the international market as foreign buyers treat Philippine real estate as part of their asset holdings, a company official revealed on Thursday.

In a roundtable interview with reports, Mike Jugo, Ayala Land Premier head of sales, said international buyers – foreigners and Filipinos working abroad – account for 15 percent to 20 percent of their high-end properties.

“In our experience, as far as non-Filipinos (are concerned), they are looking at Philippines as a place to invest and real estate as a place [for] their assets,” he said.

“Looking at the last four years, we have seen the international market grow,” he added.

Jugo said luxury condominiums in the Philippines are “affordable” compared to other places like Singapore, Hong Kong, Tokyo and mainland China.

“Because of that, I think a lot more players in the region start looking at the Philippine real estate,” he said.

Some of ALP’s foreign buyers are Hong Kong expats and Singapore businessmen, he added.

“I think the foreign investor market looks at the one- to two-bedroom units as a good investment for yield purposes,” he said, referring to international buyers that opt to rent out their units.

During the same interview, AYP’s head Jose Juan Jugo – not related to Mike – said 70 percent of the units in the company’s Two Roxas Triangle in Makati City and the East Gallery Place in Taguig City have been sold.

Jose Juan said some P7 billion worth of units, at P11 million to P70 million per unit, in the 52-story Two Roxas Triangle have been sold, more than a year after it was launched.

Similarly, majority of the 407 units at the East Gallery Place in Bonifacio Global City have been sold, including the P200-million condominium with a 25-meter lap pool, garden deck, and a private elevator.

The 1,400-square-meter unit was the most expensive condominium sold in the Philippine market, Jugo claimed.

The properties will be turned over in the first quarter of 2019.

***

COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

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Two Roxas Triangle News

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Ayala Land pre-sells 70 pct of ‘ultra-luxury’ condo project in Makati CBD
By: Krista Angela M. Montealegre, InterAksyon.com
SOURCE:
http://www.interaksyon.com/business/96996/ayala-land-pre-sells-70-pct-of-ultra-luxury-condo-project-in-makati-cbd

MANILA – Ayala Land Inc (ALI) cited brisk take-up for the second tower of its “ultra-luxury” Roxas Triangle Towers in the Makati central business district (CBD).

In a briefing on Thursday, Ayala Land Premier head of sales Mike Z. Jugo said 70 percent of the 182 units at the Two Roxas Triangle has been taken up since it was launched a year ago. Total revenues for the high-end residential tower will reach over P10 billion.

Located on a 1.2-hectare lot at the heart of the Makati CBD, Roxas Triangle Towers is a development by Roxas Land Corp, a joint venture between ALI, Hong Kong Land and the Bank of the Philippine Islands (BPI).

Ayala Land Premier launched Two Roxas Triangle 12 years since completing the first tower, One Roxas Triangle, considered to be one of the most exclusive residential enclaves in Makati. The property has 182 units on 52 floors.

“This kind of project comes very far and between. Even with a robust market, I don’t think there’s enough space for another building like this. This product is ultra-luxury,” said Jose Juan Jugo, head of Ayala Land Premier.

The luxury segment of the real estate market has remained “very robust” over the years, Jugo said.

“Because of the brand we have and the company behind us, we were able to sell much quicker than that. We’re confident that we will be moving on with the next project – whatever that maybe – soon,” he said. Turnover of the units will start in 2019.

Similar to One Roxas Triangle, the second tower of the development offers only three- and four-bedroom units starting at 302 square meters with an average price of roughly P200,000 per square meter.

The biggest cuts are the 550 square meter penthouse units with four bedrooms, a living area, dining area, a walk-in closet, gourmet kitchen and bathrooms.

Two Roxas Triangle will only have four units per floor, priced at P60-70 million on average.

****
COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

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Two Roxas Triangle Availability

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two roxas triangle
two roxas triangle

COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

Key tags
one roxas triangle two roxas triangle for sale units in makati ayala land premier hi-end condo contact person in roxas triangle towers investing in property condominium in phillippines from investors from singapore japan europe philippines property market on the rise two roxas triangle units for sale prices what is available

Two Roxas Triangle Print Ad

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Two Roxas Triangle

Check out the TWO ROXAS TRIANGLE print ad in the September issue of Forbes Asia featuring Asia’s best big 50 companies and the Philippine’s 50 richest.

COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

Key tags
one roxas triangle two roxas triangle for sale units in makati ayala land premier hi-end condo contact person in roxas triangle towers investing in property condominium in phillippines from investors from singapore japan europe philippines property market on the rise two roxas triangle units for sale prices what is available as of april 2014

Two Roxas Triangle Gourmet Kitchen

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Two Roxas Triangle

Two Roxas Triangle

Two Roxas Triangle

For inquiries, 

COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

Key tags
one roxas triangle two roxas triangle for sale units in makati ayala land premier hi-end condo contact person in roxas triangle towers investing in property condominium in phillippines from investors from singapore japan europe philippines property market on the rise two roxas triangle units for sale prices what is available as of april 2014