Hi guys,

I just want to ask if anyone made an investment and purchased a unit at the One Pacific Place in Salcedo Village Makati.

My partner and I just bought a studio suite there a week ago. We found the price very attractive and the location very convenient. We both work at the RCBC Plaza and was looking at purchasing a unit at One Central but my partner has to move in next year. One Central turnover is around 2013 or 2014 but One Pacific Place will turn over their units this December.

Any thoughts? Comments? regarding the property or the developer?

Would appreciate it a lot if you could tell me your opinions.

Thanks.

Lark

building updates of One Pacific Place situated along HV dela Costa Street, Makati City

I found this article thru google:


The Smart Investment in Salcedo Village
(The Philippine Star) Updated February 13, 2009 12:00 AM Comments (0)


Two floors of One Pacific Place ammenities ranging from gym facilities to meditation gardens serve the everyday needs of city residents.

MANILA, Philippines - With confidence in real estate plunging to a recessionary low, condominium buyers seem to have adopted a wait-and-see disposition by postponing plans to acquire new units, if not shelving them indefinitely.

Amid this uncertainty, though, investors with a keen eye for opportunity are padding their portfolios with affordable condominiums that offer great returns once the market regains its footing.

High-Growth Area

“Successful condominium investment is all about choosing the right location. Developments situated in high-growth areas like Salcedo Village in Makati are top picks, since they are well-positioned against inflation or property devaluation,” explains Miriam Lieuson, VP for public relations of ACI Group - Cactus Realty Corporation.

The vibrancy of Salcedo Village can be traced to its central location in Makati. “It is at the heart of the financial district. Other locations, like Pasong Tamo, Kalayaan and Malugay, all lie on the outskirts of the city and experience flooding during the typhoon season,” says Lieuson.

Seeing the promising progress of Salcedo Village, Cactus Realty Corporation deemed the location perfect for building its One Pacific Place, one of the most attractive condominiums for Makati real estate buyers.

Lowest Price

“One Pacific Place has the lowest price among all pre-selling projects in Salcedo Village, starting at less than P2 Million per unit ,” explains Lieuson. “It gives a quicker return on investment too.

For more information, please call (632) 840-1168. Or visit One Pacific Place model units in the ACI Group-Cactus Realty Corp Head Office at 147 H.V. Dela Costa St., Salcedo Village, Makati City 1227, Philippines or email them at info@onepacificplace.com.ph

could you post pics of your project?

In terms of location, this development is not that prime relative to other developments scattered all over Salcedo Village and Legaspi Village. It's at the fringe of the Makati CBD and overpriced. Despite its launch more than 2 years ago and an aggressive marketing campaign,it still has a considerable number of unsold units. IMO, discerning buyers would wait after turnover at the end of the year or beginning next year when many choice units will be available in the secondary market at 10-30% off developer’s list price.

@baby_face

I don't understand how this property is not as prime as other development in Salcedo and Legaspi Village in terms of location. It's at the fringe of Makati CBD??? its almost just a block away from RCBC Plaza. Three buildings apart from One Central, which a lot of people agree, that in a prime location in Makati. I don't think its over priced. It has one of the most competitive pricing schemes out there. We got a 22 Sqm studio suite there for 2.2M but I am really interested to know if they would sell their units at 10%-30% of the developer's price list. A brandnew condominium in Salcedo Village 10-30% off?? Really?? Now that's something. I think I'll get another unit if that really happens =)

We really prefer, the Lerato because I bought Ayala's Home Starter Bond last May and we can get a much as 10% bonus on our investment if we buy Ayala properties but since we have to find a place by June, we decided to get one here =) I think it's still a very good choice.

http://www.onepacificplace.com.ph/flashgallery/january2011.html

You may check the video on here http://www.youtube.com/watch?v=c1Dux3WdCnM

Meron ba kayo latest photos dito, anyone?

I pass by their construction site every day since I live nearby.

check out this link:

http://www.onepacificplace.com.ph/flashgallery/september2011.html

The exterior resembles a cityland development, but the quality is a notch better.

Hi guys,

I just want to ask if anyone made an investment and purchased a unit at the One Pacific Place in Salcedo Village Makati.

My partner and I just bought a studio suite there a week ago. We found the price very attractive and the location very convenient. We both work at the RCBC Plaza and was looking at purchasing a unit at One Central but my partner has to move in next year. One Central turnover is around 2013 or 2014 but One Pacific Place will turn over their units this December.

Any thoughts? Comments? regarding the property or the developer?

Would appreciate it a lot if you could tell me your opinions.

Thanks.

Lark

how much did ur unit cost?

I bought a studio for 2.3M on the 23rd Fl to have a view of One Central & RCBC Plaza. I told my partner I really don't like the color of the building myself =) but I decided to sit back and wait till its over. I know Albert Yu, heard of him before, one of our finest local architects and of course they hired Aromin & Sy for the construction.

One Pacific Place[125|35|res|uc]Makati

http://images02.olx.com.ph/ui/11/35/95/1312947482_140473095_12-ONE-PACIFIC-PLACE-.jpg

http://images02.olx.com.ph/ui/11/59/30/1312947555_214865930_2-ONE-PACIFIC-PLACE-SALCEDO-MAKATI-Makati.jpg

recent photo taken. along sen gil puyat ave (buendia avenue)
:)

http://i1092.photobucket.com/albums/i402/1pacific/DSC_1053.jpg

view from dela costa street

http://i1092.photobucket.com/albums/i402/1pacific/DSC_1026.jpg

...when many choice units will be available in the secondary market at 10-30% off developer’s list price. is this an industry standard? wont the seller be losing their shirts selling at a discount?

Im not sure about that 10-30% off the developer's list price. I think this is the first time that the developer is venturing in residential condominiums. They have experience in the hotel & hospitality industry but in building residential units, their name is relatively new. Besides, they are competing against giant developers around that area: Lerato by Ayala, One, Two & Three Central by Megaworld, then a few more blocks SMDC Jazz Residence & Vista's Salcedo Square. The competition is tough in Makati specially within that area (Salcedo Village) but IMO they would have to rely on their basics: Great location & quality workmanship. I think they would do good in terms of the property maintenance & administration. That's their background anyway.

This building has been in development for years now, but I really admired how they built this thing, unlike the projects alongside Buendia, they actually build at night, I still remember at about 9pm is when their trucks with concrete, panels, walls, etc. would arrive, not making as much traffic if any at all...hindi sumasabay sa rush hour kumbaga, and it kept faithful to it's render (looking @ you CPI, Rockwell, Philtown).

But it really is sluggish on sales noh? Cause' the pre-selling up to the actual selling continued until now, eh halos kasabay lang siya nung One Central nagstart mag promote...at may Open House pa sila gang' ngayun.

Yup, as a new player and competing against huge developers just around you, then very tight talaga ang competition nyan. That is the reason why there were very candid in saying that they can finish the project even without the need of additional investors, they know na sales wouldn't be that easy & they believe in their financial stability. That's competition.

why do they love that shade of blue?

I think its just to complement the lighting. It looks like they're gonna cover the building with these flashy blue lights =) They could have just use glass curtains. It would give the place a more sensational feel like the ones their doing with One Central. Its just a block away anyway.

why do they love that shade of blue?

^^
I guess they're going after the "tropical" blue, cause' the name has like a "pacific" on it, just like the ocean? hehehe

with so much development around that area of salcedo, wow! it is gonna to be pretty crowded soon. well, it is a pretty site to see now that it is in the finishing stage. when is the completion / turnover? :okay:

This building has been in development for years now, but I really admired how they built this thing, unlike the projects alongside Buendia, they actually build at night, I still remember at about 9pm is when their trucks with concrete, panels, walls, etc. would arrive, not making as much traffic if any at all...hindi sumasabay sa rush hour kumbaga, and it kept faithful to it's render (looking @ you CPI, Rockwell, Philtown).

But it really is sluggish on sales noh? Cause' the pre-selling up to the actual selling continued until now, eh halos kasabay lang siya nung One Central nagstart mag promote...at may Open House pa sila gang' ngayun.

OT

Which project of Rockwells wasn't true to the render ? all their projects look great imo. prob the best developer along with ALP for the high end market.

OT

Which project of Rockwells wasn't true to the render ? all their projects look great imo. prob the best developer along with ALP for the high end market.

^^

Well, we bought a unit in one Rockwell east tower last December 2007, we were given an almost book-like material on the complete renders, floorplan, the facade, the supposedly color of dark green/blue glass with yellow accents puncturred in every floor level protruding outward, with glass taking most of the floor with minimal concrete. And then look at it now, sometimes it looked unfinished. But I love the inside though. Only the outside changed.

Please don't be such a Fan-boy, people
Wouldn't just tell things up for nothing, it comes from actual and real experience, orayt? Open you mind up dude, you'll streesed yourself out. Tsk.

But it really is sluggish on sales noh? Cause' the pre-selling up to the actual selling continued until now, eh halos kasabay lang siya nung One Central nagstart mag promote...at may Open House pa sila gang' ngayun.

correct ka dyan. i heard that they will have an open house this month. parang on the 20th.

pero at least naman, they can finish it without relying on the sales.

^^

Well, we bought a unit in one Rockwell east tower last December 2007, we were given an almost book-like material on the complete renders, floorplan, the facade, the supposedly color of dark green/blue glass with yellow accents puncturred in every floor level protruding outward, with glass taking most of the floor with minimal concrete. And then look at it now, sometimes it looked unfinished. But I love the inside though. Only the outside changed.

Please don't be such a Fan-boy, people
Wouldn't just tell things up for nothing, it comes from actual and real experience, orayt? Open you mind up dude, you'll streesed yourself out. Tsk.

I am no fan boy, I was just interested in what problems you had with Rockwell. It would be nice to see the initial renders of the place and the finished building side by side for comparison. This is obviously not the right thread though.

Why would someone say something thats not true? well, many people have some sort of motive, like they are agents for other developers. Not saying you are.

I bought a studio for 2.3M on the 23rd Fl to have a view of One Central & RCBC Plaza. I told my partner I really don't like the color of the building myself =) but I decided to sit back and wait till its over. I know Albert Yu, heard of him before, one of our finest local architects and of course they hired Aromin & Sy for the construction.

oh thanks. sounds like a good buy, how big is your unit? by the way did you settle in one time cash / staggered monthly payments?

It was just a 22.5 Sqm room for my partner. She is currently renting a room in one of the condominiums around RCBC Plaza. Her contract/ lease would expire on June 2012 and the people at One Pacific said we could do the monthly payment until June of next year even though the turn over date of the place is December or January 2012. We can move in as soon as we complete the payment but we can view the unit as early as December or January.

Hi, the proposed turn over of the property will be the last week of this month. We only have a few units left and we are offering a special payment scheme for those people who would be interested in investing with us. Discounts will still be given to cash buyers and super flexible terms on those would do deffered payment.

ONE PACIFIC PLACE

TURN-OVER: February 2012
LOCATION: Sen. Gil Puyat Avenue, Salcedo Village, Makati City
STOREYS: 35 Floors
UNITS:
Units Floor Area (square meters)
Studio 22.50 to 31.52
1 Bedroom 42.90 to 48.84
2 Bedroom 63.33

PRICE: Php 110,000 per square meters

The project team:

Architectural: Asya Design and Partner
Structural: Aromin & Sy
Electrical: M.A. Alix and Partners
Plumbing and Sanitary: F.L. Figueroa & Associates
Mechanical: D.L. Lagman Engineering
Landscaping: E.A. Aurelio
Feng Shui: Master Charlie Chao

We are very confident and proud of the quality of the workmanship of the units and we invite everyone to visit us and see the project.

The property will be a combination of residence and suites floors. Eight out of the 39 floors (top floor) will be converted to suite rooms and after the turnover the building will be managed and maitain by the same people behind The Pan Pacific hotel in Manila. The property administration and maintenace will never be compromised.

Send me a PM if you want more information or if you want me to schedule you for a visit.

Thanks

ACI Team