I've been passing through the huge lot in the corner of meralco ave and shaw blvd for the past few weeks.. i noticed that they've cleared the area of trees and all structures.. yesterday finally saw a small sign that said CAPITOL COMMONS an ortigas and co project..

these are some of the information that i saw on the net:

http://wikimapia.org/764274/Capitol-Commons
http://business.inquirer.net/money/topstories/view/20100214-253200/P25-B-development-for-old-capitol-site

anybody else has information on this?

^^ yes. its a lot that ALI has bidded on but they backed out, so Ortigas & Co. assumed project development. It was supposed to be a Serendra type of development.

Now, Capitol Commons is a mixed used development, one exciting feature I can confirm is that a road shall bisect the property and shall connect with Meralco Avenue to Capitolyo Rotunda/Shaw Blvd. It will surely ease access to Ortigas CBD.

I think there is an old thread with this project but diff name. It was speculated on a few years back since Ortigas gave announcements on it. Anyway looking forward to seeing what they will do with this.

http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_3107.jpg

ortigas has no money to roll out in the market, wala ng umaasa sa mga projects nila, mga bagong bayani nalang ang kumukuha ng mga projects nila.....hehehehe

Also yesterday, Santos revealed that they are now doing preliminary development work for Capitol Commons. The project will cost more than P25 billion. Aside from the residential component, the first two floors of one of the buildings will be dedicated to a mall while the succeeding three to four floors will be for office units, most likely BPOs. It will also have its own shopping mall.

Santos said that plans to partner with Ayala Land for Capitol Commons will no longer push through. “We realized we wanted to do it alone. After all, we waited 50 years to cover the property,” he pointed out.

excerpt taken from here (http://www.philstar.com/Article.aspx?articleId=672033&publicationSubCategoryId=66)

i heared before that they will ressurecting the galleon place in this lot together with the ayala's, well if that was the new plan for ortigas then it will be more likely a TIANGE city mall again,just like greenhills,tiendesitas and st. francis, at utang na loob wag naman isali ang relihiyon o secta sa negosyo, CCF!!!!!!!!!!! igalang natin ang dyos, wag gamiting panakip sa mga buwis!!!!!!!!!!

Ortigas plans mixed-use devt for Capitol
ORTIGAS and Co. Ltd. Partnership (OCLP) plans to turn the former Rizal Capitol site into a master planned mixed-use community.

Joselito Santos, OCLP deputy chief operating officer and general manager for real estate, said the company expects to spend P20 billion to P25 billion to develop the 10-hectare property into a master planned mixed-use community called Capitol Commons.

The property will have mostly residential buildings, some offices and a high-end mall, Santos said.
The development of the township project will be done over a 10- to 15-year period and will be funded by internally generated cash, pre-selling and debt.

The company has plans to undergo an initial public offering, offering to float at least 10 percent to 15 percent of its shares.
“I think we are doing all the preparatory work. The timetable is still being finalized,” Santos said.

The property firm will spend about P700 million to put up the fourth high-rise residential tower in its 12-hectare property Circulo Verde at Calle Industria in Bagumbayan, Quezon City.

Named after a Spanish Catalonian town, Lleida is the first tower in phase one to offer mostly studio- and single-bedroom type units, making its offering a viable investment for young professionals and independent individuals.

Unit prices at the 24-story building range from P1.8 million to P8.5 million, varying from 21 to 95 square meters per unit. It will have 195 units in 21 residential floors, plus two floors for retail.

The tower also features a Sky Garde, a bi-level lush green space on the 11th and 12th floors, offering a view of the city and amenity deck deemed ideal as a lounge and entertainment area.

Prior to Lleida, OCLP launched three towers comprising phase one of the whole residential project: Majorca, Ibiza, and Seville.

Krista Angela M. Montealegre

April22011

http://www.manilatimes.net/business/ortigas-plans-mixed-use-devt-for-capitol/

http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_3107.jpg

This is a HUGE lot!!! Hope the developer makes this s great place to live in

BUILDING BLOCKS
P25-B development for old capitol site
February 14, 2010 21:21:00
Doris Dumlao
Philippine Daily Inquirer

MANILA, Philippines—The Ayala and Ortigas Groups, developer of Metro Manila’s major financial districts are in talks on a potential P25-billion joint venture involving a prime 10-hectare property along Shaw Boulevard in Pasig City that formerly housed the Rizal provincial capitol.

The property was donated by the Ortigas family to the Rizal provincial government a long time ago but reverted to the landed clan after a new capitol was inaugurated in Antipolo early last year.

Pasig City, which has rapidly urbanized over the years, was carved out of the province of Rizal to be part of Metro Manila in 1975, but it continued to host the provincial capitol until the recent transfer. After more than 50 years of having its seat of government in Pasig City, the opening of the new Rizal provincial capitol addressed the clamor of constituents to have the seat of government within the territorial jurisdiction of Rizal while freeing up the property for new development projects by the Ortigas group.

Industry sources said Ortigas & Co. was now keen on developing the property at the outskirts of the bustling Shaw Boulevard and was in active talks to team up with the Ayala group, which so far has a very small footprint in the Pasig area.

This is potentially the first joint venture between Ayala and Ortigas groups, each with a long history in corporate Philippines dating back to the Spanish colonial times. Over the years, the Ayalas focused its urban development efforts on the Makati central business district and nearby areas like Taguig and Sta. Rosa, Laguna, while the Ortigases focused on the Ortigas central business center in Pasig as well as in Greenhills, San Juan.

In a brief interview with the Inquirer, Ayala Land Inc. chief finance officer Jaime Ysmael confirmed the talks between the two groups, but said nothing definite had been agreed on so far.

“There are ongoing discussions,” Ysmael said. He said ALI, for its part, was interested in the 10-hectare property because it was suitable for a mixed-use development, with the residential components a potentially good fit to the group’s Ayala Land Premier and Alveo brands.

Ayala Land Premier caters to the high-income residential segment while Alveo caters to the middle-income segment, particularly the upwardly mobile young urban professionals. Among Alveo’s projects are Two Serendra in Bonifacio Global City and The Columns along Ayala Avenue.

Ortigas & Co. president Rex Drilon previously announced plans to use the old capitol site for a new project called “Capitol Commons.” He had estimated that about P25 billion in fresh investment would be needed to develop the property.

The Ortigas family has mapped out an aggressive redevelopment program for its biggest properties to maximize the values of its central business district. Four new flagship projects were earlier announced with an investment value of approximately P25 billion each—for a total of P100 billion in investments over the next 10 years. The development of the old Rizal capitol was part of this long-term plan.

“We intend to become the Ayala of the north,” Drilon had said, alluding to the property developer’s commitment to quality and “green spaces” in its projects.

mods...

please merge with the other Capitol Commons thread...didn't see it before I made this new thread...

my apologies...

may pera ba on hand ang ortigas??? o pre-sell muna para gagamitin pambayad ay yung pera kaagad ng mga buyers, tapos yung 25 billion project na to,capital ba lahat o ito na yung kabuuang presyo ng lahat ng ibebentang units just to minimize payments of tax at ang mga buyer na ang kaagad na magbabayad ng realty tax plus around 100k na other charges for water,telephone,electricity and garbeage....

malapit na sila magkapera. their planned IPO is coming up soon.

hahahahahaha,sa labas din pala kukuha ng puhunan...ang lakas ng loob, kayat iniwan yung mga ayal (makati development corporation, ito sana ang gagawa ng mga building projects dyan...binay-ayala corp.)

Site
31 May 2011
http://img827.imageshack.us/img827/5356/img0244jo.jpg

^^ great update... meralco avenue extension to shaw blvd imminent via capital commons... would be nice if built.

^^ great update... meralco avenue extension to shaw blvd imminent via capital commons... would be nice if built.

what do u mean leechtat? isn't meralco ave already extending up to shaw blvd? or are they donating some land to widen that part of meralco ave cause right now, meralco ave narrows down to 2 lanes only on that part :)

^^ that's what i heard. i hope they do that since the narrowing of the road makes a bottleneck congestion on rush hours.

sana nga. that area is a bottleneck.

Update: June 13, 2011....

http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_3892.jpg

oy,lalagyan nila ng lagoon???? kong sabagay, high rise ang itatayo nila dito

Update: June 13, 2011....

http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_3892.jpg


nice!!! sana may rendering and site development plan na. curious ako kung ano ginagawa nila dito :banana:

saan ba banda to

saan ba banda to

^^ It's where the old provincial capitol of Rizal Province was located, along Shaw Blvd, Pasig City.

This is huge but we haven't seen any development plan. I hope someone posts one soon.

This is huge but we haven't seen any development plan. I hope someone posts one soon.

I was at Pasig City Bldg Official's office one time several months ago. Apparently, development plans were being reviewed by them when they told me if our company might be interested to buy parcels of land here, smallest cut is about 1 ha.

Sir Shazzam, did you answer "yes"? We wanna see another great project from you after the OCC he he! :D

katabi lang ba to ng ortigas center?

very near, sa may ultra ang likod ng capitol commons,sa right side ay meralco ave. extension at sa harap ay shaw blvd

i saw this one with the other ortigas projects on the newspaper. its so small i can't scan so i googled it and luckily i found one. it's the capitol commons.
http://manilaofficespace.com/umbraco/ImageGen.aspx?image=/media/71722/capitol%20commons.png&width=230&Constrain=true

^^ hi! which newspapers and what were the other projects you saw? can you also give us the link of the photo? Thank you!

Sir Shazzam, did you answer "yes"? We wanna see another great project from you after the OCC he he! :D

Abangan ang susunod na kabanata. yun lang masasabi ko for now :lol:

Abangan ang susunod na kabanata. yun lang masasabi ko for now :lol:

Ngayon mo na sabihin tutal walang makakarinig. Nagbubulungan lang naman tayo he he he :lol:

^^ hi! which newspapers and what were the other projects you saw? can you also give us the link of the photo? Thank you!
I saw it also the whole-page ads from Manila Bulletin, Star and Inquirer yesterday. Featuring all their projects from their earlier developments like greenhills, ortigas center and their new on-going projects. In each newspaper ibat iba ang featured projects.

Ngayon mo na sabihin tutal walang makakarinig. Nagbubulungan lang naman tayo he he he :lol:

clue: 171m :D ;)

Ortigas & Co to spend P90 billion over 10-15 years
By Mary Ann Ll. Reyes (The Philippine Star) Updated June 05, 2010 12:00 AM Comments (0)

MANILA, Philippines - Ortigas & Co. plans to speed around P90 billion over the next 10 to 15 years as it prepares for its conversion from a limited partnership to a corporation.

Company chief operating officer Rex Drilon II told The STAR that of the total amount, more than P20 billion will be spent for the redevelopment of Greenhills Shopping Center (GSC), P25 billion for the development of a new project in Pasig, P30 billion for Frontera Verde along C5 in Pasig, and more than P15 billion for Circulo Verde in Quezon City.

The redevelopment of GSC will take between seven to 10 years and will cost at least P20 billion, Drilon emphasized. The shopping component alone will cost P15 billion.

Phase I of the redevelopment, which began this year, involves demolishing the existing Gloria Maris restaurant, transferring it to a new location within the complex, and putting up a new Unimart supermarket at the site where the old Gloria Maris was.

“The redevelopment will consist of around eight phases. Phase 2 will include a new Unimart. Succeeding phases will include building a bigger tiangge in the old Unimart, putting up a new mall that would triple our shopping space from the present 100,000 square meters to more than 300,000, increasing the number of parking spaces from the present 3,000 to 10,000, tearing up VMall (used to be called Virra Mall until it was refurbished at a cost of P400 million four years ago) and building a new one, building three residential towers and one office cum hotel building, among others,” he said.

But Drilon stressed that all of these have to be done in phases so as not to disrupt the conduct of business at the shopping center.

In 10 years, all the buildings and structures that make up Greenhills Shopping Center will be gone, but Drilon promises that its character will remain the same.

Meanwhile, Drilon revealed that they hope to break ground by the end of this year to early next year Capitol Commons, a mixed-use development just like Rockwell, at a 10-hectare property that used to house the Rizal Provincial Capitol, thus the name of the project.

The property was donated to the Rizal provincial government 50 years ago but reverted to the Ortigas family after the seat of government moved to Antipolo.

Drilon estimates that the Capitol Commons project will cost more than P25 billion. Aside from the residential component, the first two floors of one of the buildings will be dedicated to a mall while three to four floors will be for office units, most likely BPOs.

Also in the pipeline is the development of the 18.5-hectare Frontera Verde at the corner of Ortigas Ave. and E. Rodriguez Jr. Ave. (C-5) in Ugong, Pasig City. Its anchor locator is Tiendesitas, which is owned and managed by Ortigas & Co., which also plans to put up two more buildings built-to-suit for BPO locators in the property.

Drilon said once the masterplans for Greenhills and Capitol Commons are finished, they will start preparing the masterplan for a new Tiendesitas as well as for the whole Frontera Verde property probably by next year.

While the group has not decided what the new Tiendesitas will look like, Drilon said there is a possibility that it will be something like Greenhills Shopping Center. “After all, we have been very successful with Greenhills. We know the technology. And we can replicate it at Frontera Verde. But of course, we have to consider the fact that Greenhills and Frontera Verde are not very far from each other,” he said.

The new Frontera Verde will probably cost around P30 billion.

Ortigas & Co.’s biggest residential project to date is the P15-billion Circulo Verde in Bagumbayan, Quezon City.

The group has already completed the foundation of the first two towers (Majorca and Ibiza) and is set to start on the third tower. The Circulo Verde project will have 15 residential towers. Phase I will be finished in five years.

“We still have around 60 hectares of prime land, including the one which used to house the Rizal Provincial Capitol but was reverted to the partnership. This does not include around 34 hectares of property inside Camps Crame and Aguinaldo which could revert to us if the military and the police stop using them,” Drilon said.

From a limited partnership, the group is now considering converting into a corporation, partly in order to raise more funds for projects it will be undertaking in the next 10 to 15 years.

“In the early 1900s, most of the businesses were partnerships, including those of the Ayalas and the Roxases. But in the ‘60s, there was this realization that the corporate structure was more efficient. Unlike in a corporation where the stockholders do not answer for the liabilities of the corporate entity, in the case of a partnership, the partners do to a certain extent. And it is easier to raise capital when you are a corporation,” Drilon pointed out.

He revealed that they have already set up five corporations, all special purpose vehicles, each one to be handling a particular business in which Ortigas & Co. is engaged in. “For instance, one of the corporations will be handling Circulo Verde while another will take care of Greenhills Shopping Center and another for Capitol Commons,” he explained.

In case Ortigas & Co. finally decides to convert into a corporation, Drilon emphasized that the creation of the five new subsidiaries will not be futile. “They will be REITs,” he said.

A REIT or real estate investment trust is defined as a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks.

Republic Act 9856 or the REIT law was recently enacted and provides for the regulatory and tax framework for REITs, which are companies that own and operate income-producing real estate assets. Shares of these REITs are to be listed on and traded at the Philippine Stock Exchange (PSE).

To encourage investments in REITs, the REIT law provides certain tax incentives to the REIT. However, in order to enjoy these incentives, the REIT must be listed with a stock exchange and annually give out at least 90 percent of its distributable income to shareholders.

Drilon said they expect the environment to be favorable to a conversion by Ortigas & Co. into a corporation towards the latter part of the year. “Timing is important. After all, we have to raise capital,” he added.


source: http://www.philstar.com/Article.aspx?articleId=581350&publicationSubCategoryId=66

kinalimutan na ang the galleon na 75 floors, mga 7.5 billion project lang yun

site
07 August 2011
http://img19.imageshack.us/img19/8606/img4186uh.jpg

From what I heard, this development will be primarily high end. There will be a high end mall, a hotel, office buildings and high end residential towers.

_______
My Condo Philippines (http://www.mycondophilippines.com)

dyos ko po, pinapa utot ng ortigas ang 90 billion development eh 10 billion nga lang wala sila, yung 90 billion kukunin nila yun sa mga investors na mamimili at yun din ang gagastusin, sa circulo verde wala ng kumukuha at maraming nagbaback out na mga buyers

(The Philippine Star)

MANILA, Philippines - Premier property developer OCLP Holdings Inc. (Ortigas & Co.) recently marked its 80th year anniversary in an elaborate celebration at Decagon, Frontera Verde.

Gracing the event with some 400 guests were Ignacio and Jaime Ortigas with their families, representatives of the San Juan local government, Mayor Guia Gomez, Vice Mayor Francis Zamora and Rep. JV Ejercito, and longstanding business partners of OCLP such as Peter Ng of Unimart and Precy Florentino of the Music Museum Group.

Ortigas & Co. is among the pioneers in large-scale, integrated, and mixed-use development. The firm developed residential subdivisions, shopping centers, office buildings, the Ortigas Business District, and has taken on near top of mind in terms of quality and value for money spaces.

It developed some of the most posh villages in Pasig and San Juan, including Valle Verde, Greenmeadows, the Greenhills Subdivisions, as well San Juan’s most loved lifestyle destination, the Greenhills Shopping Center. In 2009, it set forth the construction of Circulo Verde, a 12-hectare, mixed-used, master-planned community in Bagumbayan, Quezon City.

During the anniversary celebration, senior vice president and GM of Real Estate Division, Joey Santos, unveiled the company’s plan of developing Capitol Commons, which will house a high-end shopping mall dubbed Estancia, five movie theaters, the second branch of Unimart, and five residential towers.

Ortigas has also set the ball rolling for the redevelopment of Greenhills Shopping Center, which was headed by GM for Shopping Center Division Cathy Casares-Ko for the last nine years. It aims to provide a bigger and better experience for shoppers with new restaurants, cinemas, parking spaces.

Tiendesitas, located at Frontera Verde and constructed by Ortigas to showcase the best of Philippine products from all regions, will soon undergo a major expansion. Several BPO buildings will be developed and will add to the existing lineup of lifestyle and business destinations within Frontera Verde like Fun Ranch, Ark Avilon, Silver City, and Transcom Center.

The future looks bright for Ortigas. Newly appointed president and chief executive officer Rowell Recinto says that the company has a renewed vigor to facilitate a fast-paced urban transformation, and it is oriented towards building for the future while harvesting past successes.

http://img842.imageshack.us/img842/9168/lif8i.jpg
http://img691.imageshack.us/img691/3350/lif8be.jpg
http://img194.imageshack.us/img194/4405/lif8c.jpg

can someone post a map where this is

http://i51.tinypic.com/246waid.jpg

I believe that is the perimeter of capitol commons.

_____________
My Condo Philippines (http://www.mycondophilippines.com)
Circulo Verde (http://www.mycondophilippines.com/projects/circulo-verde/)

wow its huge and such a prime location

subrang laki talaga, former capitol yan eh, pati comelec at jail nasa loob at yung oval skating area

Ortigas Center is hungry for more office buildings, I hope they have considered that also..

exciting mga projects ng ortigas, di sila magpapahuli sa mga global

ano na ang latest dito?

Got some renders of Capitol Commons:

http://www.amcon.com.ph/admin/uploads/max/M2011728_16527_272.jpg?KeepThis=true&TB_iframe=true&height=400&width=400

source: http://www.amcon.com.ph/
http://manilaofficespace.com/umbraco/ImageGen.aspx?image=/media/71722/capitol%20commons.png&width=230&Constrain=true

yung tennis area ay dating oval na ngayon ay hinuhukay na, baka magbago na ng design sila, ang galleon type building na 75 stories ay dito rin gagawin sabi ng mga taga circulo verde agents, niluluto pa raw nila ang designs at probably a transport service to and from capitol common and frontera verde

Wow! Sana open to public yung mga tennis courts he he!

[QUOTE=cyrusal;85238212] Got some renders of Capitol Commons:

http://www.amcon.com.ph/admin/uploads/max/M2011728_16527_272.jpg?KeepThis=true&TB_iframe=true&height=400&width=400

WOW !!! :banana::cheers::banana::cheers::banana::cheers:

The Galleon is not in the render...

Got some renders of Capitol Commons:

http://www.amcon.com.ph/admin/uploads/max/M2011728_16527_272.jpg?KeepThis=true&TB_iframe=true&height=400&width=400

source: http://www.amcon.com.ph/
http://manilaofficespace.com/umbraco/ImageGen.aspx?image=/media/71722/capitol%20commons.png&width=230&Constrain=true

I hope the Ayalas are still collaborating with Ortigas in this project...

wala na, dead na ang ayala, nag sarili na ang ortigas sa capitol commons....

alam kasi ng ayala na walang pera ang ortigas kayat nag joint venture

eh nong nahimas masan ang ortigas, hayun, hihiram ng billions of pesos para masolo ang project na siya din naman ang gagawin ng ayala sa capitol commons

Capitol Commons Perimeter Fence:

http://www.cachoconstructions.com/wp-content/uploads/2011/03/cachoconstructions_CapitolCommons-PerimeterFence.jpg

Source http://www.cachoconstructions.com/capitol-commons-perimeter-fence/

The Galleon is not in the render...

It shouldn't be in the render because One Galleon Place is to be built in Ortigas Center and not in Capitol Commons.

Is Estancia Mall in the render? I don't see a sizeable podium structure that could be a mall.

wala na tong design na to, dead na to, wala na ang ayala group sa capitol commons, ang unang building natinatayo ngayon ay sa bandang gitna na dating comelec office, 50 plus daw yun

wala na tong design na to, dead na to, wala na ang ayala group sa capitol commons, ang unang building natinatayo ngayon ay sa bandang gitna na dating comelec office, 50 plus daw yun

So fast an information.

bisaya ka doy? an im gamit, deri ang,hehehehe

excited about this kasi maka-ortigas talaga ako hehehe. mukhang mas planado. kaya lang palaging nahuhuli ang ortigas and co. masyadong segurista.

subrang segurista, napag iiwanan

Kelan magsisimula ang first project nila? Malinis na ksi un site kso wla pang mga heavy equipment

i think naghahanap pa yan ng mga investors. with the investment climate...mukhang hindi agad to masisimulan. unless meron silang capital like eton, ayala at robinsons...na tayo lang nang tayo.

korek, wala kasing pera ang ortigas company, meron sila at nga dati pang mga building, pero ubos rin kasi sa us at sa spain ipinapadala ang mga kita nila sa pinas para sa mga ortigases na naninirahan at nag aaral dun

http://www.amcon.com.ph/admin/uploads/max/M2011728_16527_272.jpg

Source (http://www.amcon.com.ph)


Nice!!!

beautiful

talaga bang tennis court lang un open area sa gilid or on top of a mid rise building un??? parang sayang sa land value kung tennis court lang

baba ata nun mall na 2 palapag, pero hopefully maging IT park rin para live-work-play ang theme..........................gaya gaya sa eastwood-megaworld

happy! kasi ang lapit din pala ng pearl st dito. pwedeng pwedeng lakarin. sana lang bilisan ng ortigas and co.

Took these photos when I spent the night at a friend's condo a week ago. :)

1)

https://lh5.googleusercontent.com/-bnWckPCGQ44/Trkd8AjDSYI/AAAAAAAABc4/sNfp8u8aryc/s800/P1090451.JPG

2)

https://lh6.googleusercontent.com/-O7KFla_JiGI/Trkd96i1GAI/AAAAAAAABc8/Zn-giCsCfJQ/s800/P1090453.JPG

3)

https://lh4.googleusercontent.com/-g8W41Ip5GEY/Trkd_UFdeQI/AAAAAAAABdA/Tc2KJPtqwrw/s800/P1090454.JPG

4)

https://lh6.googleusercontent.com/-MUDE70qJCJ8/TrkeAbPvwbI/AAAAAAAABdE/LauKq15b2t4/s800/P1090455.JPG

The area's pretty big! :P

^^ very nice update. thanks.

exciting future for this area.

yan ata ang site ng 75-storey ortigas building, uunahan nila ng mataas at extravagant

sa circulo verde 2 dun ay 70 floors, at supposedly last gagawin pero ngayon nagbago at pang 4 at 5 building na gagawin ay yung dalawang may distansya na 70 stories

Ang bilis ng excavation... Sana tuloy tuloy...

is that residential or corporate/commercial? parang wala akong naririnig o nababasa na publicity tungkol dito?

one galleon place dyan ba sya itatayo :)

one galleon ay dun sa may podium mall and asian development bank, yung vacant lot na malaki, infornt of mega A at katabi ng bsa twin towers

dito capitol tower of ortigas, residential hotel ata yun

^^ @todjikid: this is a residentiall/commercial development.

----

Apologies! Just spreading the word and maximizing read count!

http://i1122.photobucket.com/albums/l540/leechtat/balls-onesamahan-1.jpg
http://i1122.photobucket.com/albums/l540/leechtat/STAR-DETAILS2-1.jpg

^^ I hope you can all attend. Our venue is class. We shall also feature 10 winning photos of SSC Members, capturing the green Philippine cityscape. :)

http://www.amcon.com.ph/admin/uploads/max/M2011728_16527_272.jpg

Source (http://www.amcon.com.ph)


Nice!!!

Sana magkaroon ng access road na magmumula dun sa Unilab at Greenfield, parang yung ginawa ng Rockwell sa EDSA pa-Estrella :banana:

Kung may mall and shops dyan, walking distance lang sa mga estudyante mula UA&P at St.Paul Pasig :)

Dun sa upper right ng photos, perfect or ideal place ito para magkaroon ng bagong campus ang Universties or Colleges para naman na maiba ang image kapag sumakay ka ng TAXI at sinabi mo na "Pasig". ( alam nyo na ibig ko sabihin ;) )

Anu na mangyayari sa mga kalapit na mga residente gaya ng Barangay Kapitolyo?

ma o.p ung mga maliliit na structure

Today's the first concrete pouring for Estancia, Capitol Commons' high end mall, according to tarp signage posted on the site. Sorry no photos.

wow! good news. do we have a render for the mall?

ORTIGAS' The Royalton [65F|res|pro] @ Capitol Commons, Pasig City

http://getfile3.posterous.com/getfile/files.posterous.com/ronniereyes/05WcGur4r5I7IFoStT4vicPhdJbBVOBySRNFLjsrO31Ad4aDhCtLWqtW49IC/image001.jpg.scaled.1000.jpg

Source: http://ph-brokerservices.blogspot.com/2011/11/royalton-capitol-commons-for-80-years.html

Source: http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=758441

nice nice

diba tama ako sa sinasabi na dito itatayo ang 75 storey tower maliban sa one galleon, lakas ng insider ko eh,hehehehe

Ortigas allots P25 billion for 10-ha mixed use complex

by Zinnia B. Dela Peña | The Philippine Star | December 15, 2011 | 12:00 AM

MANILA, Philippines - Real estate developer Ortigas & Co. is spending P25 billion over a 15-year period to transform a 10-hectare property at the southern end of the Ortigas business district into a high-end, modern residential, retail and office complex to be called Capital Commons.

In a briefing yesterday, Joey Santos, general manager of the real estate division of Ortigas & Co., said the master-planned mixed-use community, envisioned to become the next address of choice in the Ortigas/Pasig area, will have over 280,000 square meters of residential units, some 35,000 sqm. of prime retail space and 20,000 sqm of office space for knowledge process outsourcing firms.

Santos said the retail component will comprise a high-end shopping mall that will open its doors to the public in 2013. Estimated to cost around P2 billion, the mall, dubbed Estancia, will have Store Specialists as its anchor store. The supermarket, on the other hand, will be anchored by Unimart while the entertainment component, comprising the cinemas, will be handled by the same group operating Promenade in Greenhills.

Read More: http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=758441

Mixed-use complex planned at Rizal Capitol

by : Krista Angela M. Montealegre | Manila Times | Thursday | December 15, 2011

ORTIGAS & Co. is set to turn the former site of the Rizal Provincial Capitol into a mixed-use complex, starting with the development of a high-end shopping mall.

Joselito Santos, general manager of the real estate division of Ortigas, said the company will spend close to P25 billion to construct office, retail, residential spaces as well as cinemas, a hotel and park within the 10-hectare Capitol Commons over a period of 15 years.
Capitol Commons will have 35,000 square meters of prime retail space, 20,000 square meters of office space for knowledge process outsourcing firms and over 280,000 square meters of residential units. Over 50 percent of the land area will be allocated for open spaces.

Read More: http://www.manilatimes.net/index.php/business/top-business-news/13212-mixed-use-complex-planned-at-rizal-capitol

nakakatuwa ang mall, ang lapit sa goldloop! yey!

Ortigas launches P25B Pasig City project -Redevelopment of former Rizal provincial capitol
By: Daxim L. Lucas

Philippine Daily Inquirer 1:41 am | Thursday, December 15th, 2011

Ortigas & Co. launched on Wednesday, Dec. 14, 2011, a P25-billion mixed-use project redeveloping the former Rizal provincial capitol in Pasig City, called Capitol Commons.

Ortigas & Co. officially launched Wednesday its P25-billion redevelopment of the former Rizal provincial capitol in Pasig City, on which it will build a mix of residential, commercial and office buildings over a 15-year period.

According to the property developer, the 10-hectare mixed-use project located at the southern end of the Ortigas business district—strategically situated between Makati and Quezon City—would be called Capitol Commons.

Once fully completed, the project will have 35,000 square meters of prime retail space, 20,000 square meters of office space aimed at knowledge process outsourcing (KPO) companies, and 280,000 square meters of residential units.

More than half of the land area would be allocated for open spaces, the company said in a statement.

Read the rest of the article here: http://business.inquirer.net/35133/ortigas-launches-p25b-pasig-city-project

Estancia at Capitol Commons broke ground this December with the targeted date of completion on 2013.
Comprising the residential side of the development will be five high end residential towers. First to rise is the Royalton, which will have 65 residential floors, which have a mix of studio, one- and two-bedroom layouts.

http://business.inquirer.net/35133/ortigas-launches-p25b-pasig-city-project

Estancia at Capitol Commons broke ground this December with the targeted date of completion on 2013.
Comprising the residential side of the development will be five high end residential towers. First to rise is the Royalton, which will have 65 residential floors, which have a mix of studio, one- and two-bedroom layouts.

http://business.inquirer.net/35133/ortigas-launches-p25b-pasig-city-project

Double Posting !!! :ohno: :ohno: :ohno:

diba tama ako sa sinasabi na dito itatayo ang 75 storey tower maliban sa one galleon, lakas ng insider ko eh,hehehehe
mali 65 floors lang

aba eeh nagkamali naman, yung 7 palitan mo ng 6 atleast may 5,lol

Estancia at Capitol Commons broke ground this December with the targeted date of completion on 2013.
Comprising the residential side of the development will be five high end residential towers. First to rise is the Royalton, which will have 65 residential floors, which have a mix of studio, one- and two-bedroom layouts.

http://business.inquirer.net/35133/ortigas-launches-p25b-pasig-city-project
65 floors? Wow, halos parang One Shang, more than 200m above the ground. This would be the tallest in Pasig. Dumaan ako doon last thursday, sa bandang likod ang ginagawa.

baka mataas ito ng bahagya sa one shang siguro dahil sa tuktok niya.. ala gt tower/alphaland/eton tower ang ng matalim/triangle sa skyline!.. hayan pa ang hsbc greenhills?


------

binilang ko ulit ang mga palapag sa render.. 65 nga siya

bale sa render 65 x 60 x 55 x 50 x 30-35 floors

Yung may triangular top pala yung 65 floors , so almost 70 floors to kung isasali mo yung triangular portion.Ito na cguro yung tallest buliding in Ortigas once completed.

baka mataas ito ng bahagya sa one shang siguro dahil sa tuktok niya.. ala gt tower/alphaland/eton tower ang ng matalim/triangle sa skyline!.. hayan pa ang hsbc greenhills?


------

binilang ko ulit ang mga palapag sa render.. 65 nga siya

bale sa render 65 x 60 x 55 x 50 x 30-35 floors
Hindi naman kasi lahat pareparehas ang floor to floor heights kaya hindi lang floor counting yan. The spire will add for sure, pero pag lower ang floor to floor height nito than 3.4m? Baka maging mas mababa na sya. Sana nga 3.4m din. Cocomputin ko din na naman yan pag nasa residential floors na.

cguro ung residential units between 2.9-3.0 m

pnthouse 3-4 m

basement 4.5-5.0m

ung spine cguro mahigit 30-40 m

^^may spine din 'to?

cguro ung residential units between 2.9-3.0 m

pnthouse 3-4 m

basement 4.5-5.0m

ung spine cguro mahigit 30-40 m

hahahahah tita spire po ndi spine...:)))))

sorry naman

cguro ung residential units between 2.9-3.0 m

pnthouse 3-4 m

basement 4.5-5.0m

ung spine cguro mahigit 30-40 m
Pag matatas na buildings dapat mas mataas din konti ang floor to floor heights nito, minimum 3.2m dapat dito.
Yung basement mabababa ang floors heights, lower than 3m.
Podium section mas matataas floor heights may commercial ata ito.

ORTIGAS' The Royalton [65F|res|pro] @ Capitol Commons, Pasig City

http://getfile3.posterous.com/getfile/files.posterous.com/ronniereyes/05WcGur4r5I7IFoStT4vicPhdJbBVOBySRNFLjsrO31Ad4aDhCtLWqtW49IC/image001.jpg.scaled.1000.jpg

Source: http://ph-brokerservices.blogspot.com/2011/11/royalton-capitol-commons-for-80-years.html

Source: http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=758441

wow ang taas

Pag matatas na buildings dapat mas mataas din konti ang floor to floor heights nito, minimum 3.2m dapat dito.
Yung basement mabababa ang floors heights, lower than 3m.
Podium section mas matataas floor heights may commercial ata ito.
ganun ba sana nga kahit mahigit 280m lang ito ok lang

^^ pero looking at it from Fort Boni, it will look very tall kasi nasa hill ang kapitolyo.

sana hindi ito ma-One galleon na walang napuntahan...

pag di pa nila tinuloy to, suicide na ng ortigas ang ginagawa nila, wala ng bibili pwera sa mauuto nila

Some Manila Projects Going up, scroll right >>
http://img855.imageshack.us/img855/8017/futuremanilaskyline.jpg
*pardon my editing skills

ganda-ganda! sana mas marami pang sa susunod ng mga taon.

^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^

WOW that was an awesome work !!! Congrats anak_mm for a great job !!! :banana: :cheers: :banana: :cheers: :banana: :cheers:

kudos to @anak_mm, mas marami pa ang uusbong in next 3 years!!!

t.y., sana nga marami pa ang itanim

sana hindi ito ma-One galleon na walang napuntahan...

Malawak na excavation works. Mukhang much serious ang OCLP sa project na ito.

Nicely done.. mOre projects for 2012!!

I Wonder who is their
Architect,,

Out of curiosity, will the recently filed case against Francisco Ortigas III, will this have any adverse effect on this project?

Out of curiosity, will the recently filed case against Francisco Ortigas III, will this have any adverse effect on this project?

i dont think it will have any impact. i read this in the news around 2 weeks ago but it died a natural death since they did not react to the media.

i just saw the layout of capitol commons. it looks promising!

san mo nakita? pics naman...please? :)

mamaya di nanaman matuloy to

bakit kasi hindi pa binigay ng ortigas to sa mga ayala...

wait lang tayo give them a chance...

what will happen now to Capitol Commons and Viridian projects ?

Sy acquiring Ortigas group for $1B
‘Game-changing’ move for SM
By: Doris C. Dumlao
Philippine Daily Inquirer
1:02 am | Thursday, February 9th, 2012

HENRY SY SR.: Game-changing move
Tycoon Henry Sy Sr. is finalizing a deal to acquire a majority stake in the privately held Ortigas property group in a transaction worth around $1 billion, seen as a potential “game-changing” move that will expand the SM group’s landbank in the metropolis and give it control of the 16-hectare Greenhills shopping complex.
Inquirer sources confirmed that the SM group was close to a deal to buy into the Ortigases’ property holding unit OCLP Holdings after a crucial bloc, which included British banking giant HSBC and some family members, consented to the deal.
The sources said that HSBC, the single biggest stockholder of OCLP with a stake of 34 percent in the property unit, has already signed some documents approving the sale. On the other hand, there was likewise a critical mass of Ortigas family members who had agreed to the transaction, aiming to unlock more values from their vast landholding.
The target was to finalize all documentation by March, at the latest, one source said.

Jose Mari Lacson, head of research at local stockbrokerage Campos Lanuza & Co., said this was a potential “game-changer” move that could propel the SM group’s SM Land or SM Development Corp. to the size of Ayala Land Inc.
“It allows them to secure a large landbank in a major central business district. Ayala can now pick on somebody its own size,” Lacson said.
The Ortigas group has a vast urban landbank spanning Mandaluyong, San Juan and Quezon City, the crown jewel of which is Greenhills shopping center.
It is not yet known which SM unit or units will take part in the transaction but SM Prime is seen benefiting significantly given the Greenhills landbank.
“Only SMIC can muster that money without straining its balance sheet too much,” Lacson said. He added that the group could also choose to use SM Land but this unit would have to raise cash, although a share-swap was also seen as a possibility.
Just last week, SM Investments raised $250 million from the sale of five-year bonds convertible into equity.
Both the SM and Ortigas groups declined to comment on the prospective transaction Wednesday.

take that ayala land

so ortigas family like the aranetas gave way to the business savvy chinoys.

MANILA, Philippines - Property developer Ortigas & Co. is spending about P3 billion this year for new and existing projects that include the facelift of its flagship Greenhills Shopping Center.

In an interview, Ortigas & Co. senior vice president and general manager Joey Santos told The STAR that about P1 billion will be spent this year for Viridian, the first luxury residential condominium development under the Greenhills makeover masterplan. Viridian is scheduled for turnover in the first quarter of 2015.

Viridian is part of Greenhills Shopping Center’s 20-year redevelopment plan that calls for better shopping, dining and entertainment experiences, and bringing back the “community gathering place” feel that has always been associated with Greenhills, he said.

Two other residential condominium projects and one office building will also be constructed as part of the new Greenhills masterplan, Santos added.

Santos said the old Unimart building will give way to a new one that will house the expanded shopping center area, costing P500 million in two years’ time. This will double the current available shopping space in the place.

Also part of this year’s capital expenditure budget is the construction of a commercial/mall building costing about P1 billion at Capitol Commons, Ortigas & Co.’s newest multi-use development in Pasig.

Santos revealed that they are currently undertaking site development and road construction at Capitol Commons, located at the former site of the Rizal provincial capitol which was reverted back to the Ortigas family.

Ortigas & Co., soon to be renamed Ortigas Holdings, is spending around P90 billion in the next 10 to 15 years more than P20 billion of which will be spent for the redevelopment of Greenhills Shopping Center (GSC), P25 billion for the development of Capitol Commons, P30 billion for Frontera Verde along C5 in Pasig, and more than P15 billion for Circulo Verde in Quezon City.

http://www.abs-cbnnews.com/business/02/15/12/ortigas-sets-p3-billion-capex-budget

:)

Update: Feb. 15, 2012....

http://i246.photobucket.com/albums/gg108/vavaboom2k7/CapitolCommons.jpg

ano po ung u\c ayon po ba ung mall??

yung royalton tower na yan

^^di ba mas malalim dapat?

adobe rock naman,at pwede na yan,around 20 meters, sa 65 floors baka di umabot ng 200 meters pag natapos at 3 meters floor to floor height.

alam naman natin na mas mababa sa actual

royalton yan? bakit walang pre-selling? ganun na ba kaliquid ang ortigas. Estancia Mall yan kasi 2013 ang projected opening nila.

reservation palang nakikita ko
http://ads.entrepnegosyo.com/employment/sales-and-marketing/capital-common-royalton/

sa shape palang ng excavation na pahaba definitely it's for the mall. yung Viridian nga early last year pa sila nag pre-selling di pa nag start yung excavation , eto pa kyang Royalton. Di nman sila Shangri-la .

yung royalton tower na yan

royalton yan? bakit walang pre-selling? ganun na ba kaliquid ang ortigas. Estancia Mall yan kasi 2013 ang projected opening nila.

we will soon have another mall in ortigas...mall...mall...mall...grabe ang competition among retail giants sa ortigas cbd. di ba saturated na to?

ang mahirap kong mall na katulad ng st francis,greenhills at tiendesitas market, naglipana ang mga compact stalls

ang lalim

any latest updates??

I think this one deserves a thread in World Forum, General Development thread.

nagdadagdag na ng 2 lanes ang ortigas, kumuha sila ng lupa sa sarili mismong old capitol site, bale pag na widening na this year, 3 lanes each na na undersize lane at 3.25 meters wide

kaliwang bahagi sa bandang ibaba ng larawan
http://img221.imageshack.us/img221/2946/capitall.jpg
photo by Jibby

ganda na shot mo, lower reso cam nga lang nagamit mo, pero ikaw na ang may pinaka magandang update dito,thanks

hindi ko larawan..

malaki yung original pic kita eastwood, rizal, la mesa dam, hanggang bulacan

kaliwang bahagi sa bandang ibaba ng larawan
http://img221.imageshack.us/img221/2946/capitall.jpg
photo by Jibby

May resemblance sa Shenzhen!

http://bbs.home.news.cn/upfiles/04944CDC.002C

Mini shenzhen hehehehe

ang nakarami sa shenzen ay government housing, samantala ang pilipinas wala o "0" high rise housing para sa mga residente, pure commercial and mixed used residential projects

http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_5465.jpg

ang ganda ng ginagawang bagong kalsada dito, 12 inches ang kapal

Update: April 20, 2012

http://i246.photobucket.com/albums/gg108/vavaboom2k7/CapitolCommons-1.jpg

SM group nearer Ortigas property bid

by Doris C. Dumlao | Philippine Daily Inquirer | 1:42 pm | Monday, April 23rd, 2012

MANILA, Philippines–The SM Group is getting “nearer” to its bid to acquire a controlling stake in the property holding firm of the Ortigas family, one of the biggest landlords in the metropolis.

“Everything is ready. The financing is ready. We’re just waiting for final instruction,” Henry Sy Jr., vice chair of SM Investments Corp., said on Monday.

Sy, who is in charge of many of the group’s property projects including residential developer SM Development Corp. and leisure estate arm Highlands Prime Inc. (HPI), was asked about the progress of the talks with the Ortigas group at the sidelines of the annual stockholders meeting of HPI.

“It’s getting nearer and nearer,” Sy told reporters.

The SM group confirmed last February ongoing talks to acquire a controlling stake in Ortigas Holdings Inc. The old holding company Ortigas & Co. Ltd. was converted from a limited partnership into a corporate entity, a restructuring that paves the way for the entry of a new investor, a stock
debut or both.

Aside from the 16-hectare Greenhills shopping complex, Sy noted that the Ortigas group had a lot of “nice” properties such as the Tiendesitas complex in Libis. Sy added, however, that he could not give any timetable on the closing of the transaction. A prospective transaction was earlier estimated at around $1 billion.

Asked whether the prospective takeover of Greenhills would gnaw at the market share of nearby Megamall – one of SM Prime Holdings Inc.’s most profitable malls – Sy said “the market is getting bigger and bigger.” With the growing population of Metro Manila and the increasing pool of business process outsourcing workers, Sy said the consumer market was continuing to grow.

An analyst has described SM’s prospective purchase of the Ortigases’ holding firm as a “game-changer” move that may propel SM Land or SM Development Corp. to the size of Ayala Land Inc. as this allows SM to secure large landbank in a major central business district.

SM group patriarch Henry Sy Sr. himself, who built a fortune out of retailing and shopping mall development and who now also owns the largest banking group in the country, has aggressively pursued this prospective transaction in the last few years, industry sources said.

Source: http://business.inquirer.net/55327/sm-group-nearer-ortigas-property-bid

SM gets nearer to acquiring Ortigas

by Jenniffer B. Austria | Manila Standard Today | Monday, 23 April, 2012

The SM group is “getting nearer” to acquiring a majority stake in the private holding firm of the Ortigas family.

“Everything is ready. The financing is ready. We’re just waiting for final instruction,” SM Investments Corp. vice chairman Henry Sy Jr. said.

Ortigas & Co. Limited Partnership director Rafael Ortigas confirmed last week in an interview that both parties were still in talks.

“We are talking but we have not concluded anything yet,” Ortigas said.

Sy said negotiations between the two parties are “getting nearer and nearer” and talks are getting more frequent.

The Ortigas group has vast properties in Mandaluyong, San Juan and Quezon City. Its properties include some of the country’s best residential, business and commercial developments.

These include the landmark Greenhills Shopping Center, the financial district of Ortigas Center, value regional shopping destination Tiendesitas in the mixed-use prime location of Frontera Verde, residential areas Valle Verde subdivisions, Greenmeadows, Greenhills subdivisions, Luntala, Circulo Verde and Viridian in Greenhills.

SM Investments, on the other hand, is one of the country’s largest conglomerates with investments in banking, real estate, shopping mall development and mining.

SM Investments chief finance officer Jose Sio earlier confirmed the Sy group eyed a majority interest in OCLP.

Both groups, however, did not disclose the size of the transaction.

Source: http://www.manilastandardtoday.com/2012/04/23/sm-gets-nearer-to-acquiring-ortigas/

latest sa mall?

^^ The area is huge.:cheers:

Beautiful tower...

capitol commons...
http://img11.imageshack.us/img11/8590/royalton.jpg

http://img833.imageshack.us/img833/8435/royaltonn.jpg

Ortigas family foils SM bid to buy stake in property firm

ABS-CBNnews.com
Posted at 06/29/2012 11:54 AM | Updated as of 06/29/2012 5:43 PM

MANILA, Philippines - The Ortigas family foiled the SM Group's attempt to buy a 34% stake in its property firm, BusinessWorld reported on Friday.

BusinessWorld quoted company director Jaime M. Ortigas as saying the Ortigas group matched SM Group's offer to buy Hong Kong Shanghai Banking Corp.'s (HSBC) 34% stake in the property firm for P11 billion.

"The Ortigas Group exercised its right of first refusal as it bid for the shares held by HSBC….OCLP Holdings (Ortigas & Co. Limited Partnership Holdings, Inc.) was able to match the earlier offer of the SM Group," Ortigas said.

"HSBC was selling something worth like P11 billion for the entire 34% stake and the deal pushed through. Today (Thursday) was the deadline for the purchase payments," he said.

On Friday morning, the Sy-led SM Investments confirmed the news report.

"We were informed that the existing stockholders of Ortigas Holdings, Inc. (OHI), which consist mainly of the Ortigas Family, exercised their right of first refusal on OHI shares owned by Hongkong and Shanghai Banking Corporation," SM Investments said, in a disclosure to the stock exchange.

The Ortigas group has vast properties in Mandaluyong, San Juan and Quezon City. It owns the 16-hectare Greenhills shopping center, where V-Mall houses 5 SM franchises namely Toy Kingdom chain, SM Appliance Center, Our Home, Watsons, and Ace Hardware.

http://www.abs-cbnnews.com/business/06/29/12/ortigas-family-foils-sm-bid-buy-stake-property-firm

also in businessworldonline
http://www.bworldonline.com/content.php?section=TopStory&title=SM-buy-in-blocked-by-Ortigas-Group&id=54323

Ayala Land, Ortigas group seal P15B deal

ABS-CBNnews.com
Posted at 06/29/2012 9:18 PM | Updated as of 06/29/2012 9:18 PM


MANILA, Philippines (1st UPDATE) - Ayala Land Inc. (ALI) has sealed a P15-billion peso deal with a group led by Ignacio Ortigas for the development of the Ortigas family's land bank areas, including the Greenhills Shopping Center and Tiendesitas.

This, after the Ortigas group - or at least part of the family - blocked Henry Sy's attempt to take over one of the country's oldest real estate companies.

The Ortigas family consolidated its interest in their holding company by buying a 34 percent stake held by British banking giant HSBC, matching an earlier offer by Sy's SM Group.

The buyout of HSBC's stake gave the Ortigases time to think about their options while property giants SM and the Ayala groups wrestled for control of the urban property developer.

ALI said the deal will allow them to expand their list of business districts that already counts Makati, Quezon City and Bonifacio Global City.

"The partnership... was forged upon the invitation of the Ignacio R. Ortigas group," Ayala Land said in a press statement.

"We are privileged to be a part of this strategic alliance. We welcome the opportunity to participate in the development of these key areas in Metro Manila," ALI President Antonino T. Aquino said.* "Many of our successful developments such as the Ayala Alabang, Cebu Park District, Bonifacio Global City, Trinoma, Nuvali, Abreeza Davao, and Centrio Cagayan de Oro were built on strong partnerships with various groups."

Ortigas & Company currently owns strategic land bank areas in the Ortigas Business District, Greenhills Shopping Center, Tiendesitas in Frontera Verde, Circulo Verde, and Capitol Commons.*

PSE disclosure

In an earlier disclosure to the Philippine Stock Exchange on Friday, ALI said it had obtained authority from the board to negotiate and enter into a strategic alliance with the group led by Ignacio Ortigas for the purpose of allowing ALI to participate in OCLP Holdings Inc., the parent company of Ortigas & Co Ltd.

ALI said it had allocated an initial amount of P15 billion for this partnership and in the development of various properties and businesses.

"This opportunity comes with the invitation of the group of Mr. Ortigas and is in line with the company's expansion plan," the disclosure said.

It was earlier reported in that some Ortigas family members have started talking to the Ayalas, who are likewise of Spanish descent, to foil the entry of the SM group.

Strategic alliance

ALI said: "The strategic alliance is consistent with Ayala Land's thrust of expanding its operations to other areas within and outside Metro Manila through partnerships."

"Our company intends to contribute its expertise in building large scale mixed use developments to this partnership. This development project includes plans for residential, office, retail and hotel components," ALI said.

The Ortigas family members who bought the stake from HSBC - erstwhile the single biggest stockholder in the company - can not divest their stake under a lock-up period. But the deal effectively consolidated a controlling interest within the family which made it easier to sell an enlarged stake to a new investor.

"The existing stockholders which consist primarily of the Ortigas groups exercised their right of first refusal on HSBC shares on Ortigas Holdings Inc.," SM Investments Corp. Cora Guidote said in a text message Thursday night.

Banking sources confirmed that payment to the stake was paid to HSBC as of Thursday.

It was earlier reported that while certain factions within the Ortigas family were willing to take in SM Investment Corp. as a new investor while some preferred the Ayalas instead.

Industry sources said family members from both factions jointly out up funding to buy out HSBC's stake.

Ortigas Holdings was created when Ortigas & Co. Ltd. was converted from a limited partnership into a corporate entity, a restructuring that paves the way for the entry of a new investor, a stock debut or both. It had taken some time for the Ortigas holding firm to take this corporate route because of the diverse ownership, the old partnership being a very old entity whose shares of stocks had been passed on from one generation to another.

A key urban developer, Ortigas Holdings has 50 hectares of land spanning Quezon City, Pasig, San Juan and Mandaluyong, the crown jewel of which is the 16-hectare Greenhills property complex. Another 40 hectares of prime land can be added to its land bank, which include portions of Camp Crame (10 hectares) and Camp Aguinaldo (30 hectares), which were donated to the government years ago but which it has the right to buy back if the government vacates the area in the future. - with a report from ANC

This is the best news i heard in a long time...

Super happy with the news.. Sorry SM friends. But if SM would have bought that controlling stake of OCLP from HSBC, then they (SM) might as well own Metro Manila. :lol:

Yes, very good news indeed!

^^ really a very much welcome development!

i hope ayala gets to take over this part of ortigas development.

Super happy with the news.. Sorry SM friends. But if SM would have bought that controlling stake of OCLP from HSBC, then they (SM) might as well own Metro Manila. :lol:

Yes very good news indeed, excited to see what projects Ayala will launch in the Ortigas area. The less land SM has to 'copy & paste' its ugly condos the better.

Yes very good news indeed, excited to see what projects Ayala will launch in the Ortigas area. The less land SM has to 'copy & paste' its ugly condos the better.


I agree with you 101% SM is all about profit. Shameful Sy is Chinese with qualities and standards same as China's:ohno::ohno::ohno:

Home > Business > Latest Business Stories > Ayala Land Inc. sees clinching partnership with Ortigas firm soon
Ayala Land Inc. sees clinching partnership with Ortigas firm soon
By: Doris C. Dumlao
Philippine Daily Inquirer
6:59 pm | Thursday, July 5th, 2012


MANILA, Philippines — Property giant Ayala Land Inc. expects to conclude “shortly” a much-coveted partnership with the land-rich Ortigas family, confident that its entry as a strategic investor in the latter’s privately held property holding firm was welcomed by a “bigger” number of Ortigas family members.
“We’re taking the required steps right now. We’re right in the way of progressing towards that successful conclusion. We expect that to happen shortly,” ALI president Antonino Aquino told reporters on Thursday at the sidelines of the launch of ALI’s Vertis North urban project in Quezon City.

ALI earlier announced it has obtained authority from its board to negotiate and enter into a strategic alliance with the group led by Ignacio Ortigas for the purpose of allowing the company to participate in the OCLP Holdings Inc., the parent company of Ortigas & Co Ltd. An initial budget of P15 billion had been earmarked for this purpose.

Aquino said ALI could pursue a number of central business districts in Metro Manila simultaneously.
“When you start looking at other countries in Southeast Asia, they have really been able to do all of those developments simultaneously. Because of the slower pace of economic development in the past, we were not as fast, but today with all that these positive news that we’re getting, I’m confident that we’ll accelerate development and it will enable us to get developments in all these multiple areas on a simultaneous basis,” Aquino said.

Aquino is cognizant that before ALI could come in as a stockholder in the Ortigases’ holding firm, it would have to wait for the expiration of the lock-up period, during which the buyers of a 34 percent unloaded by British banking giant HSBC were prohibited to unload their shares.
“We’ll have to respect the shareholders who are there right now. We have to be very respectful of the partnership and all of the commitments and agreements they have entered into,” he said.

Asked whether he was confident that ALI had the critical mass of allies among the Ortigas family, Aquino said: “Of course.”
“I think they have the bigger share. They have a major share,” Aquino said, referring to the group of Ignacio Ortigas.
Tycoon Henry Sy’s SM Investments negotiated to buy the stake held by HSBC and some family members ahead of ALI, but family members afterwards decided to buy out HSBC’s stake and consolidated control of the holding firm within the family. Last week, the group of Ignacio Ortigas formed a “strategic” alliance with ALI.
“Together with our strategic partners, we’re very confident about the fact that we can put in place all of those developmental aspects that we’re known for,” Aquino said.

Asked whether ALI was keen on getting a controlling interest, the ALI chief said: “What’s important is to have very good management involvement and being able to master-plan and being able to identify what are the priority projects that have to be done and implement it and execute it and according to the quality that we’re known for as we have successfully demonstrated in Makati and Bonifacio,” Aquino said.

Aquino noted that most of ALI’s large-scale projects were in fact borne out of partnerships such as with the Bases Conversion Development Authority and Campos groups in Bonifacio Global City and with the National Housing Authority in Vertis North.
“We’ve proven ourselves that we’re very good relative to being fair to our partners, creating value for our partners and at the same time, being able to develop something very nice in those areas,” he said.
Moving forward, Aquino said the strategic alliance should have overall management control of the entire process. He said the right structure would have to be put in place to be able to exercise management direction in the projects to be managed.

Asked which landholdings of the Ortigases appealed most to ALI, Aquino said the Capitol Commons mixed-use project in Pasig and the Greenhills commercial complex.
“The company has solid tracts of land that are prime for any type of development or redevelopment,” Aquino said.
The Ortigas holding firm has a landbank of 50 hectares spanning Quezon City, Pasig, San Juan and Mandaluyong. Another 40 hectares of prime land can be added to its land bank, which include portions of Camp Crame (10 hectares) and Camp Aguinaldo (30 hectares), which were donated to the government years ago but which it has the right to buy back from the government.

opening ng 3 lane highway ng capitol commons at launching ng estancia mall, crane goes up!!!!!!!!

Ortigas group widens Meralco Ave (http://www.abs-cbnnews.com/video/business/07/31/12/ortigas-group-inaugurates-expanded-meralco-ave)

The Ortigas group has widened one of the busiest roads in Pasig City, as it prepares to transform the area into a new residential and business center. Meralco Avenue, which links Shaw Boulevard to Ortigas Avenue, has been doubled in width to now accommodate five lanes. ANC News Now, July 31, 2012

I was there this afternoon...

so nice..a small urban decay gets resurrected by a private company, with asphalt road,disabled-friendly wide sidewalk,beautiful lamp posts,(not overpriced:lol:)center island,landscape.I can now safely say that Meralco Avenue is officially part of ortigas center.:lol:
pedestrian lane,waiting sheds and traffic lights could come next..sana

now,meralco avenue is no longer an urban blight:banana:

may jeepney/bus stops pa..ayus:lol:

di kailangan malaking gastos para maiayos yung lugar...basta pre-fab at landscape..ok
iba talaga pag gawa ng pribadong sektor..

I'm very disappointed with the road break / intersection that they positioned awkwardly in front of Valle Verde Terraces. There's already an existing intersection there but for some reason they made their own intersection that's literally meters away from the old one. What's up with that? Residents there now won't have a choice but to bear the traffic going to Shaw Blvd then make a U-turn just before reaching Shaw. Talk about a time waster.

Ayala Land OKs Ortigas alliance, P3B bond sale

ABS-CBNnews.com
Posted at 08/28/2012 12:02 PM | Updated as of 08/28/2012 1:10 PM


MANILA, Philippines - Ayala Land Inc's board of directors approved a strategic alliance with the group led by Ignacio R. Ortigas. The deal will pave the way for Ayala's entry into OCLP Holdings, the parent company of Ortigas & Co. Ltd.

The company earlier said it had allocated P15 billion for this purpose.

http://www.abs-cbnnews.com/business/08/28/12/ayala-land-oks-ortigas-alliance-p3b-bond-sale

August 25, 2012...
http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_6753.jpg

Unimart to put up 2nd branch in Ortigas
By Zinnia B. Dela Peña (The Philippine Star) Updated October 05, 2012 12:00 AM Comments (0)

MANILA, Philippines - Unimart supermarket, owned by businessman Henry Ng, is building its second outlet, located at Ortigas & Co.’s latest mixed-use development in Pasig City, more than 40 years after opening its first outlet at the Greenhills shopping complex.

This further fortifies the good business relationship between the Ortigas family and Unimart.

Unimart will be the anchor tenant at Capitol Commons, a 10-hectare master-planned mixed- use development at the corner of Shaw Blvd. and Meralco Ave.

“We are happy that our partnership with Unimart has grown stronger through time. The brands Unimart and Greenhills Shopping Center have grown hand-in-hand for more than four decades now and we are more than pleased that it will also be the same for our new development, Capitol Commons,” said Rowell L. Recinto, president and chief executive officer of Ortigas & Co.

Located at the former site of the Rizal Provincial Capitol, the project will also include a commercial/retail mall to be called Estancia, with an estimated cost of P1 billion.

Estancia will house the finest international fashion brands and destination retailers, complemented by a selection of delectable dining choices.

Also to rise within the area are residential towers, the first of which is The Royalton which will offer a cosmopolitan and chic lifestyle with its premiere living spaces.

Capitol Commons will make available more than 35,000 sqm of retail space, over 214,000 sqm of state-of-the-art office space, over 280,000 sqm of modern living residential units and a full range of world class amenities such as a hotel, conference facilities and restaurants.

Update: 2012 Nov 9
http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_6925.jpg

yan na ba yung mall na hinuhukay

^^ Yup, it's Estancia.

February 1, 2013.....
http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_7364.jpg

This is really a huge area....cool. :cheers:

^^ Yup, it's Estancia.
sounds like encantada

I really like this area most especially class A-B ang magiging market ng mall and hindi siya masyadong magiging masa ( hopefully )

^^ I think its not Class A-B unlike Rockwell Power Plant. Its located along Shaw blvd. The feel would be how Shangri-La is right now, more mixed.

Ganun din naman yung area ng Rockwell. It's nearer to poor communities actually.

the Capitol Commons site is surrounded by San Antonio, Kapitolyo and Valle Verde which are middle to upper-middle class communities.

Ganun din naman yung area ng Rockwell. It's nearer to poor communities actually.


i guess Rockwell is more intimidating. Yes its near the poor community but with the feeling of exclusivity IMO. I guess Estancia will have its "exclusive feeling" too because of inaccessibility to main EDSA, i mean how one can commute going to that mall if its operational? Kasi pag may UAAP games sa ULTRA, our mode of transportation is by FX plying PASIG (not sure though)

^^ Yup, it's Estancia.sounds like encantada

Haha. It's Spanish for 'stay'.

It's in line with the Spanish naming of some of their other projects - Círculo Verde, Valle Verde, the Frontera Verde complex where Tiendesitas is.

If they're too keen on keeping with the theme of their name, they could do it like Sofitel Philippine Plaza (where they greet you upon entry "Bonjour-Mabuhay!"), this time greeting you "¡Bienvenido-Mabuhay!" upon entry :D

i guess Rockwell is more intimidating. Yes its near the poor community but with the feeling of exclusivity IMO. I guess Estancia will have its "exclusive feeling" too because of inaccessibility to main EDSA, i mean how one can commute going to that mall if its operational? Kasi pag may UAAP games sa ULTRA, our mode of transportation is by FX plying PASIG (not sure though)


yup, easiest way is through fx lang from megamall pero hindi pa siya dumadaan dun mismo sa Capitol Commons. Kung taga Pasig ka dumadaan mga jeep sa Shaw Blvd pero if coming from Edsa medyo wala ka masasakyan going to SHaw Blvd since umaakyat sya fly over and bumababa na sa may Soho Central.

I guess it depends kung magiging masa nga itong project na to and depende na lang sa laman ng mall :) like Shangrila kahit nasa Edsa na sya hindi pa rin napupuno ng mga tao dahil sa mahal ang mga shops :)

http://sphotos-c.ak.fbcdn.net/hphotos-ak-snc7/379322_506788419364696_908112706_n.jpg

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http://sphotos-c.ak.fbcdn.net/hphotos-ak-ash3/521737_506789592697912_1581783517_n.jpg
february 8,2013

Looking for SALES CONSULTANTS to market Capitol Commons by Ortigas & Company. Limited slot only. Pls pm me if you know someone who is interested. Thank you

Capitol Commons is rightmost part, middle. Taken on 16 Feb.
http://farm9.staticflickr.com/8505/8478547612_1570956173_h_d.jpg

Looking for SALES CONSULTANTS to market Capitol Commons by Ortigas & Company. Limited slot only. Pls pm me if you know someone who is interested. Thank you

^^ That's great that they're already ramping up the in-house marketing teams. :applause:

Ortigas to expand, upgrade Greenhills, Tiendesitas
by Cai Ordinario | Rappler | Tuesday | Posted on 02/19/2013 3:13 PM | Updated 02/19/2013 4:09 PM


MANILA, Philippines - Real estate developer Ortigas & Company is spending P5.8 billion for its various retail developments.

In a briefing on Tuesday, February 19, Ortigas & Co. Shopping Center Division General Manager Cathy Casares-Ko told reporters that the company has 4 key retail development projects:
•Greenhills Shopping Center - P1.97 billion
•Tiendesitas - P740 million
•Estancia - P2.7 billion
•Industria - P400 million

Together, the projects will cover an additional of around 240,000 square meters of retail space.

http://static.rappler.com/images/greenhills%20shopping%20mall%20ortigas%20and%20company.jpg
NEW GREENHILLS. Bargain hunters will be treated to a new and improved Greenhills Shopping center soon. Photo courtesy of Ortigas & Company

The Greenhills Shopping Center is set to get a facelift that will include additional dining, shopping and entertainment facilities. There will also be underground and open parking spaces as well as canopied walkways.

The redevelopment of Greenhills will also include a new P1.4 billion-worth supermarket that will have have 12,000 square meters of shopping space.

http://static.rappler.com/images/tiendesitas%20ortigas%20and%20company.jpg
PINOY'S BEST. Tiendesitas will continue to be the go-to place for all things Pinoy. Photo courtesy of Ortigas and Company

Ko said Tiendesitas will still offer the best of Filipino handicrafts, furniture, fashion, entertainment and a unique pet village.

But the shopping center will be upgraded to include air-conditioning, second level shopping space, escalators and elevators, and balconies that provide an indoor/outdoor feel.

Building A will be open to the public by June 2013, while Buildings B and C will be open by October 2015 and May 2014, respectively.

http://static.rappler.com/images/estancia%20ortigas%20and%20company.jpg
HIGH END. Estancia will become a high-end shopping destination for Filipinos to enjoy. Photo courtesy of Ortigas and Company

Ko said Estancia will feature high-end but non-luxurious brands. She said Ortigas & Company is already in talks with several foreign brands to come in and open stores in Estancia.

The shopping center will also feature 3 levels each of parking and retail space as well as 6 levels of office space.


http://static.rappler.com/images/industria%20ortigas%20and%20company%204.jpg
ARTS & CRAFTS. Industria features a unique area, The Lab, that will feature arts and crafts for mallgoers to love and enjoy. Photo courtesy of Ortigas and Company

Industria, the smallest retail development of the company, will have a market-feel to it. It will also feature a unique arts and crafts space where exhibits can be mounted.

The shopping center will also incorporate a market, gym, services for resident, pre-school, and chapel in its development. - Rappler.com

Source: http://www.rappler.com/business/22126-ortigas-spending-p5-8-b-for-retail-developments

http://static.rappler.com/images/greenhills%20shopping%20mall%20ortigas%20and%20company.jpg
NEW GREENHILLS. Bargain hunters will be treated to a new and improved Greenhills Shopping center soon. Photo courtesy of Ortigas & Company

The Greenhills Shopping Center is set to get a facelift that will include additional dining, shopping and entertainment facilities. There will also be underground and open parking spaces as well as canopied walkways.

The redevelopment of Greenhills will also include a new P1.4 billion-worth supermarket that will have have 12,000 square meters of shopping space.

really takes me back to the pirate-filled days of Virra Mall and how far its come.

The "variety" and "spacing" of these shopping/retail projects in and around Ortigas Center is what impresses me. They are not all high-end shops. The spacing gives the adjacent condos/houses increasing value. Not all of these new shopping projects are in one area (example: now The Grove benefits from Tiendesitas expansion; Privato will benefit from Estancia).

March 21, 2013.....
http://i246.photobucket.com/albums/gg108/vavaboom2k7/CapitolCommons-2.jpg

Are they selling residential units now?

I just saw in the Phil. Star print ad about The Royalton at Capitol Commons, a 64 storey condo. Dunno if they are selling already

I just saw in the Phil. Star print ad about The Royalton at Capitol Commons, a 64 storey condo. Dunno if they are selling already

Surely they do, the reason why they placed an ad in a leading newspaper.

Surely they do, the reason why they placed an ad in a leading newspaper.

Unless you get to see the finely printed legal disclaimer "For anouncement purposes only." :D when they placed an ad without a license to sell yet.

Kailan ang simula ng construction ng Royalton??

after ng mga building n ginagawa sa greenhills at estanci mall

Unless you get to see the finely printed legal disclaimer "For anouncement purposes only." :D when they placed an ad without a license to sell yet.

Palusot lang ng most developers yan. And HLRB people are smarter than that. Pag meron contact numbers, nagbebenta na yun Thomasian :)

^^ and you cannot publish project collaterals/details without at least a temp license.

Royalton has already been pre-selling since 4Q 2012.

http://www.dpwh.gov.ph/infrastructure/pms/pmo.asp?es=nys

NC0213H00072
a) Construction of Bonifacio Global City to Meralco Avenue Viaduct Project connecting Lawton Avenue, Makati City and Sta. Monica Street, Pasig City CONSTRUCTION OF NEW BRIDGE/Pasig City,Metro Manila 1st District Engineering Office,NCR
b)
c) PMO-URPO
d) DPWH
Budget P 200M

Kailan kaya at matuloy kaya ito, this would surely alleviate traffic at C5 Bagong Ilog - Kalayaan.

^^ awesome find. so no contractor yet.... i hope this will be completed.

http://img801.imageshack.us/img801/5441/pasigbgcbridge.jpg

^^ Lets all support the development of this Bridge to connect the Ortigas/Capitol Commons/Greenfield-Pioneer Area to BGC. I am happy cause I have been supporting this development ever since and telling this to my clients, now its in DPWH list.

Imagine, you will be a bridge away to BGC - the premier financial district of the country in the next 5-8 years. That's progress!

^^ Sana lang yung design ng bridge ay hindi katulad ng Estrella-Pantaleon. At pagandahin yung design ng bridge kahit konti. :D

^^ Lets all support the development of this Bridge to connect the Ortigas/Capitol Commons/Greenfield-Pioneer Area to BGC. I am happy cause I have been supporting this development ever since and telling this to my clients, now its in DPWH list.

Imagine, you will be a bridge away to BGC - the premier financial district of the country in the next 5-8 years. That's progress!

New Bridge costs P200-million... Equivalent to annual pork barrel of just one senator.

Latest Render

ORTIGAS' Capitol Commons [5T|mix|res]
@ Kapitolyo, Pasig City, Metro Manila

http://img842.imageshack.us/img842/3594/royaltoncapitalc.jpg

http://i37.photobucket.com/albums/e62/wacky_professor/ScreenShot2013-02-07at31218PM_zps25f0ac0c.jpg

ganda nya. malapit lang din sa metrowalk. :)

Latest Render

Capitol Commons Site Plan

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/1187210_orig.jpg

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http://www.capitolcommons.net.ph/wp-content/uploads/2013/03/FINAL-Sellers-Kit_02042013_page8_image2-1024x753.jpg

More

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CAPITOL COMMONS PARK... OPENING APRIL 2013

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/7864626.jpg?587

ESTANCIA MALL... OPENING SEPTEMBER 2014

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NEW UNIMART SUPERMARKET... OPENING DECEMBER 2014

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/3714024_orig.jpg

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/6158860_orig.jpg

PARAGON... OPENING DECEMBER 2015

http://www.resortcondohomes.com/news/wp-content/uploads/2013/03/Paragon.jpg

http://images02.olx.com.ph/ui/18/13/08/1360155512_479720508_2-The-Royalton-at-Capitol-Commons-Pasig.jpg

http://cdn.sulitstatic.com/images/2013/0210/19565784_1956047704ce8eebbf87e5e2616580cced84ffb3c0b391df8.jpg

http://cdn2.sulitstatic.com/images/2013/0402/074700171_073841800c780f1513d7db3b7b4b6a8019bc0d5d73c1cfe5e.jpg

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Thanks and credit to poloboy1967 !!! :banana: :cheers:

im super excited for The Royalton

this is definitely a nice addition to the ortigas skyline...para mag fuse na sila with greenfield and pioneer

^^ Lets all support the development of this Bridge to connect the Ortigas/Capitol Commons/Greenfield-Pioneer Area to BGC. I am happy cause I have been supporting this development ever since and telling this to my clients, now its in DPWH list.

Imagine, you will be a bridge away to BGC - the premier financial district of the country in the next 5-8 years. That's progress!

I grew up in Barrio Kapitolyo (from 1974-1998). I live in marikina now. I never thought there'd be the day when a major bridge will cut through the very village where I used to bike and play around.
Kapitolyo is just so commercialized now. I'm happy for it and sad at the same time coz life was so simple and more quiet back then.
I can just imagine how much more this new bridge will change the situation inside the village. I guess it will cut through some of the old factory areas located near Pineda, right at the lower parts of East Capitol Drive. It will be ok and a very welcome addition for the businesses inside. But it's the volume of vehicles, noise and traffic that it will attract that bothers me....:sad2:

Update: May 3, 2013....
http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_7915.jpg (http://s246.photobucket.com/user/vavaboom2k7/media/IMG_7915.jpg.html)

^^ wow! :cheers:

sana magkaroon ng pedestrianization sa ortigas center at makaabot hanggang duon sa kapitolyo. daan ng oranbo(sa decs), rennaissance, at mmda mula sa metrowalk.

Estancia Mall seems to be shaping up. Nice. 2 cranes are better than 1. Look at that car traffic going one way...I guess expect more of it when Commons and The District are completed.

I agree, some type of designated walkway or path from Metrowalk area up to Commons would be nice and beneficial.

love the ortigas view from Capitol Commons, it won't be blocked by buildings right? ganda tingnan nun Astoria Plaza dito :)

http://i223.photobucket.com/albums/dd64/musashiden101/royaltoncciclaunching.jpg (http://s223.photobucket.com/user/musashiden101/media/royaltoncciclaunching.jpg.html)

sexy

Any agents or sales people here, I'm interested in the residential condo here.
Pls PM me details.

Thank you.

passed by the area yesterday, love the waterfall effect thingy they put sa entrance. wala na rin yun mga takip which nakikita mo na yun mga roads going through. ganda ng development nila dito parang BGC within Pasig :)

Hello! Capitol Commons is already open to the public last May 17, 2013. And you can also check the showroom of the Royalton the first residential tower at Capitol Commons.

HI everyone! I'm sorry if i am replying to this thread about this query but i'm just not sure where to ask this exactly. I am planning to sell my condo which i got from preselling. I am actually not done paying yet but i figured i'll be better off selling it as I will be going out of the country soon. Can you guys recommend a good broker who can help me sell it? The condo is in the ortigas area. Thanks!

HI everyone! I'm sorry if i am replying to this thread about this query but i'm just not sure where to ask this exactly. I am planning to sell my condo which i got from preselling. I am actually not done paying yet but i figured i'll be better off selling it as I will be going out of the country soon. Can you guys recommend a good broker who can help me sell it? The condo is in the ortigas area. Thanks!

Which condo?

Hi NOah828, i PMd you. thanks!

http://i223.photobucket.com/albums/dd64/musashiden101/capitolcommonseventflyerfront.png (http://s223.photobucket.com/user/musashiden101/media/capitolcommonseventflyerfront.png.html)

http://i223.photobucket.com/albums/dd64/musashiden101/capitolcommonseventflyerback.png (http://s223.photobucket.com/user/musashiden101/media/capitolcommonseventflyerback.png.html)

How safe is the high rise condo (The Royalton) of The Capitol Commons from the West Valley Quake Faultline?

What are the good things and the bad things about this project?

Thanks. :)

How safe is the high rise condo (The Royalton) of The Capitol Commons from the West Valley Quake Faultline?

What are the good things and the bad things about this project?

Thanks. :)

Hi, Magnusson Klemencic Associates is the structural consultant who did the structural for Royalton. A firm based in Wasington. Will pm you the details.

with the current traffic flow along shaw blvd and merlaco ave during peak hours, i just wonder what will be the situation once the mall and grocery are in place... i do hope the connecting bridge from ortigas to bonifacio global area will be constructed as early as possible... capitol commons will then have a distinct edge if the bridge materializes...

Hi, Magnusson Klemencic Associates is the structural consultant who did the structural for Royalton. A firm based in Wasington. Will pm you the details.

Thanks again Musashiden!