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

75 floors siya, dati pa, kelan kaya officially ilalabas ang mga unit cuts?

yung sa circulo another 73-stories twin towers next year

nagpatalastas na ang ortigas ng VIRIDIAN tower sa ANC ch. 27, wow!!!

sana totoo na to. would ortigas launch this amidst the debt crisis?

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 Reporter | 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

UNIMART talaga ang suprmarket, hope di maging katulad sa greenhills na walang maintenance at madumi, chinese store talaga dun, sana sm or gaisano group nalang

alin jan yung royalton? kasi yung pinakamataas parang higit 65fl siya sa render

Photos courtesy of jasetiojanco:

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

yang malaim na hukay,dyan itatayo ang 75 storey royalton tower,lampas 320 meters raw sabi kanina ng truck driver

yang malaim na hukay,dyan itatayo ang 75 storey royalton tower,lampas 320 meters raw sabi kanina ng truck driver

???

wow supertall
pwede malayo naman sa airport

65??? or 75??

wow. where was the old thread for this?

disappearing thread ssc mods?!

---

they will launch next year. march/april.

its a full mix used development, there will also be a new mall called - Estancia.

exciting for Ortigas!

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

...“In cooperation with the Pasig local government and Mayor Bobby Eusebio, Ortigas has pledged to build a road on the Meralco side of its property to essentially widen Meralco Ave., thus easing traffic. The public would be able to benefit from a widened Meralco Ave. in the second quarter of 2012,” he added...

...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...

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

supertall kaya???

http://t2.gstatic.com/images?q=tbn:ANd9GcRUVeuSd9AA3FEkL2SL0MYg6ruz1lDeEOfpABMPAAL4a_M4Q4-lTNHSpn6Jrw (http://t2.gstatic.com/images?q=tbn:ANd9GcRUVeuSd9AA3FEkL2SL0MYg6ruz1lDeEOfpABMPAAL4a_M4Q4-lTNHSpn6Jrw)

pics

viridian ata yan na 53 stories, yung royalton ay 75 floor count pero 80 stories high

"pro/proposed" ba to o dapat "prep/preparation" na?

yang malaim na hukay,dyan itatayo ang 75 storey royalton tower,lampas 320 meters raw sabi kanina ng truck driver

buti pa truck driver alam ang saktong height ng proposed building, eh yung developer mukhang hindi pa alam... haha...:nuts:

in fairness sa hukay mukhang mataas talaga...:banana:

adobe rock pa kayat ang 30 meters na hukay pwede ang 450 meters o times 15 above height sa basement height,sagad na yun at 1,500%

Massive development with 5 tall towers ! :banana:

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

65 floors na ere sabi sa dyaryo

preselling na po ba??

Royalton to rise in Capitol Commons

THE tower will be called Royalton and will be the latest addition to Ortigas & Company’s condominium projects.

Royalton will be the first of five premier towers in the area to be launched by Ortigas & Company in the next five years.

Joselito Santos, Ortigas & Company’s general manager for real estate division, said that Royalton will be a "low-high-end type" condominium.

"We have Circulo Verde for the mid-market. We have the Viridian in Greenhills, which is a high-end development. Royalton will be positioned in between," Santos said.

Royalton will be composed of 400 units which will be a mix of studio, one-bedroom, and two-bedroom units.

Santos said the price of the units will range from P3 million to P10 million with floor areas of 30 square meters to 100 sq m.

"We will be offering the first brand new upscale modern residential condominium in Ortigas," Santos said.

"We are looking at people who now live in the villages who may want to move out of their high-rise houses. We are also looking at the children of the villagers who want to live alone. To buy a house in a subdivision, you need P75 million, a condo will cost them around P10 million. So it’s a way for them to live in this area again affordably," he added.

Royalton is located at the southern end of the Ortigas business district.

Target launch date for Royalton is May next year and target completion is in 2016, Santos said.

Santos said that Ortigas & Company is planning to launch a new building every year until all the five towers are introduced.

Over 280,000 square meters of space at Capitol Commons is allocated for residential development.

With over 80 years of experience in property development, Ortigas & Company is the developer behind premier villages like the Greenhills Subdivisions, Greenmeadows, and Valle Verde.

Source: http://www.malaya.com.ph/dec22/property3.html

adobe rock pa kayat ang 30 meters na hukay pwede ang 450 meters o times 15 above height sa basement height,sagad na yun at 1,500%

sino poh ang general contractor ng project?

http://img94.imageshack.us/img94/8590/royalton.jpg

WOOOW ! Finally , an iconic building in MM. I love the new facade, may similarity siya sa One High Street sa BGC ,but Royalton is much better because of its height and the triangular top.
TICINO's One High Street [45F|res|pro] @ BGC, Taguig City

http://htmlimg1.scribdassets.com/8sqjsdq9a8oo6ga/images/4-3da6620225/000.jpg

It's beautiful. IMO, better than my favorite One High Street.

from anak mm photo
http://farm8.staticflickr.com/7153/6839511655_ce684b1580_z.jpg

nice

not bad ahh.. nice and tall

looks much better than One High Street indeed

I wonder if this would be taller than One Shangri-la Place currently U/C

http://ads.entrepnegosyo.com/wp-content/uploads/2012/02/334615-403x500.jpg (http://ads.entrepnegosyo.com/wp-content/uploads/2012/02/334615-403x500.jpg)

http://ads.entrepnegosyo.com/wp-content/uploads/2012/02/520554-403x500.jpg (http://ads.entrepnegosyo.com/wp-content/uploads/2012/02/520554-403x500.jpg)

looks much better than One High Street indeed

I wonder if this would be taller than One Shangri-la Place currently U/C

Royalton at 65 floors plus the triangular top might be taller than the 64 floor One Shangri-la . IMO,this is much better than any of the buildings currently underconstruction in the country.

cguro same heigt sila ng kb tower @ 250 m

may TOWER crane na ba sa site? ang nakita ko palang eh yung tadano crane para sa mga steel bars

Sy acquiring Ortigas group for $1B

http://business.inquirer.net/43807/sy-acquiring-ortigas-group-for-1b

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.

yan may pera na ang ortigas pagnatuloy yan

from anak mm photo
http://farm8.staticflickr.com/7153/6839511655_ce684b1580_z.jpg
blow up of the night one :) , I hope they release hi-res renders soon


http://img607.imageshack.us/img607/8918/royaltoncc.jpg

almost same height cla ng the eaton

Taken on Feb. 15, 2012.....

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

^^^^
Looks like the excavation is for the mall.
http://img94.imageshack.us/img94/8590/royalton.jpg

nice

wow u/c na yung mall

wow,andyan na yung 2 cranes,finally, we have a supertall este below supertall in ortigas

anu kaya ang possible height nito..? mga 250m din siguro.. :D

pag 3 meters lang di aabot ng 200 meters,residential kasi kayat expect 210 meters or below

^^kahit 3m baka abot ng 200m... kasi lobby + mechanical + apex?

at least 200 'to

http://img853.imageshack.us/img853/8435/royaltonn.jpg

bali yung may crane ay estancia, nasa likod ng estancia sa may LTO office at far right yun yung royalton

unless,mali na naman ang drawing/illustration ng architect at project management team

so,possible di matuloy to pag nagkaroon ng crisis by 2013 or 2014, inevitable ang crisis sa asia ngayun pang lumalakas na ang ekonomiya ng eastern hemisphere at eastern europe

another vulgar economic theory...

What happened to the Pasig River Ferry?

another vulgar economic theory...

It's only a theory, don't worry. Theories can be refuted.

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

http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash4/409269_258949260841928_217031318367056_626476_357298492_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/395460_258948697508651_217031318367056_626453_1379017019_n.jpg

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc7/155440_258948774175310_217031318367056_626456_1742157991_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/404802_258949217508599_217031318367056_626474_974820623_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/396085_258948860841968_217031318367056_626459_1834070018_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/396277_258949197508601_217031318367056_626473_637669901_n.jpg

http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash4/394170_258948887508632_217031318367056_626460_537014183_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/402671_258949064175281_217031318367056_626467_1568312570_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/394141_258948970841957_217031318367056_626463_189291632_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/394137_258948917508629_217031318367056_626461_1115759118_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/404728_258948950841959_217031318367056_626462_1542574448_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/409251_258948994175288_217031318367056_626464_1107762164_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/402189_258949007508620_217031318367056_626465_507184415_n.jpg

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/403022_258949024175285_217031318367056_626466_406558935_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-ash4/393865_258948597508661_217031318367056_626451_839531037_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/399537_258948634175324_217031318367056_626452_1860712408_n.jpg

http://a8.sphotos.ak.fbcdn.net/hphotos-ak-snc7/398707_258949084175279_217031318367056_626468_900048965_n.jpg

http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash4/397778_258949104175277_217031318367056_626469_1100739806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/393911_258949147508606_217031318367056_626470_666982047_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/404744_258949157508605_217031318367056_626471_1517958861_n.jpg

http://sphotos.xx.fbcdn.net/hphotos-snc7/399767_258949170841937_217031318367056_626472_1685002251_n.jpg

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash4/409522_258949240841930_217031318367056_626475_1224406241_n.jpg

Ang ganda at skinny siya--the more it would look taller talaga.

ang galing ng layout ng mga units,well planned

nice, larger pics... i had the feeling they got the idea from aqua(in chicago)

wow one of the best cguro kapag natayo

http://a8.sphotos.ak.fbcdn.net/hphotos-ak-snc7/398707_258949084175279_217031318367056_626468_900048965_n.jpg


Very nice project!!:banana:

This is probably the project to watch out for in Ortigas Center after the One Shangrila Twin towers.

For sure, its height will be similar so my good guess is it'll be around 220-230meters.:cheers:

mas mataas ang one shang kesa dito base sa illustrations nila, parehas lang 64 stories,yung one shang may mga podium at mall na almost 4.5 meters ang floor to floor

parang mataas nga ito sa shang

Pre-selling?

Pre-selling?

What else? :lol: Those pictures were extracted from brochures, if not templates in brochure production.

kaya pag di pa tapos wag sanang bumili na mga pinoy o sinuman, para makita muna nila ang height ng building,finishing at kung walang mas elegante na building sa tabi niya,baka bukas lang 75 na yung katabi niya,wawa naman buyers

aside from st lukes res. and st. regis res. sa BGC, may kahawig na naman to,

Ackruti Realms - 270m, 70 fl project in mumbai
http://img15.imageshack.us/img15/4480/screenshot20110425at613.png

ganito na ba ang usong design? :D

yang 70 floor at 270 meters ng dubai, hamak na mas mataas pa ang 72 floors gramercy, so kong 250 lang yung gram yan eh nasa 240 lang

^Bakit ba pinapayagn ng mga mods na magpakalat ng kabobohan ang isang ito? Hindi ba pwedeng ituluyan na IP ban?

Actually siya yung resident ''manghuhula'' ng SSC Philippines ! :lol:

^Bakit ba pinapayagn ng mga mods na magpakalat ng kabobohan ang isang ito? Hindi ba pwedeng ituluyan na IP ban?

^^^ spammer. pwede ba? nakailang threads ka na sa post mong paulit ulit.

:spam1:

Actually siya yung resident ''manghuhula'' ng SSC Philippines ! :lol:

Kung hindi niya mahulaan na ang Mumbai at Dubai ay magkaibang lugar dapat wala yan sa SSC.

di ba pwede magkamli ng pagkaslat? baka naman OC ka @scud, mahirap ang ganyan na personalidad, lahat pinapansin,konting consideration lang para di sumakit at di maging basher sathread nato, mahirap yan baka may melancholia kana sa katratrabaho mo bilang engineer at di mo na nalalaman ang pagkakamali ng isang tao......

Jusko at ako pa ang tinawag na OC!

This forum is frequented by investors, prospective buyers, owners, students, agents, developers, and contractors.. real people who want to make money and willing to spend money. Walang pwesto para s a kagaya mong walang alam na nanghuhula at nagmamagaling lang. You and I both know na hindi mo alan ang sinasabi mo, either sinasadya mo lang manloko ng tao o gusto mo lang lumabas na magaling. Either way may mga taong nakakabasa na posibleng maniwala sa sinusulat mo kahit hindi ka nila kilala.

Ang payo ko sayo, manahimik k na lang kung wala kang alam dahil hindi ka nakakatulong.

:lol:L:lol:L

hindi ito ang showroom,sales department,engineering dep't,bidding section,at investors night at hindi rin to stocks exchange, at higit sa lahat walang racism dito, may mga tao na high school lang at may mga tao na matatayog na mapa isip o mapa sosyodad, kayat kahit ano gawin pwede yan,icorrrect mo nalang at macorrect ka din kong may mali, di lahat ng tao kasing talino mo at di lahat ng tao maiintindihan at gusto ang gusto mong mangyari

:lol:L:lol:L

hindi ito ang showroom,sales department,engineering dep't,bidding section,at investors night at hindi rin to stocks exchange, at higit sa lahat walang racism dito, may mga tao na high school lang at may mga tao na matatayog na mapa isip o mapa sosyodad, kayat kahit ano gawin pwede yan,icorrrect mo nalang at macorrect ka din kong may mali, di lahat ng tao kasing talino mo at di lahat ng tao maiintindihan at gusto ang gusto mong mangyari

Wow dude, wala ka talagang hiya sa katawan ano? :) You mean wla kang pakialam kung may mga buyers na naghahanap ng updates sa mga pinaghirapan nila, o may mga nalulugii sa mga peràng pinuhunan nila.. basta ang sayo lang makapgpost ka ng walang katuturan, highlighted, mabasa lang ng iba ang chismis at panghuhula mo kahit wala kang kaalaman.

Dude, kaunting konsiderasyon naman para sa mga taong seryosong naghahanap ng impormasyon at updates tungkol sa mga condos sa Pilipinas. Hindi mahirap ang tumahimik kung wala kang alam sa sinasabi mo.

^Bakit ba pinapayagn ng mga mods na magpakalat ng kabobohan ang isang ito? Hindi ba pwedeng ituluyan na IP ban?

Only few privileged people here have fixed IP addresses using more expensive ISP accounts, the commoners use whatever is given to them (and is being changed regularly) with dynamic IP addresses via the ISP's DHCP server so banning a certain IP address may only work for a few hours, or maybe days, then a different IP for that same person will have to be identified for banning again, and the process would go on every time the person's IP address change. Too bad for us who wants him and all his permutations eliminated.

kahit makita mo ip address kong gagawa ang isang tao ng account sa ibat ibang internet shop or wifi zone areas balewala rin yung pagbaban, at higit sa lahat di tayo diyos para matupad lahat ang kagustuhan natin, pag may sinabi ang isang tao na masama pero nagsabi karin ng masama, parehas lang kayo masama, sa pagiging professional, may mga polite words na pwedeng gamitin kapag gusto mo irespeto ka, lalo na alam mo at sinasabi mo na "PROFFESIONAL" KA

^^ wow, kala ko royalton thread to.. :lol:

subrang OT na eh....

anyway, medyo dumadami na ang tao sa loob,full blast na ata ang constryction sa 4th level below ground

excavation near shaw, massive development this time

updates?

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

Update 2012 0420, from a different angle....

http://i246.photobucket.com/albums/gg108/vavaboom2k7/Carlton20120420.jpg

mas maganda itong angle mas makikita kung gaano ka massive yun excavation and malapit na magground floor yun construction...

^^ayan ba mismo ung Royalton o ung mall???

mall ata yan. pero para ring high rise structure...........not sure though

Mall yan. Based on the layout plan of capitol commons, thats exactly the area for the mall.

I dont thiink they have started digging yet for the royalton.

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/

May 2, 2012

http://i1262.photobucket.com/albums/ii605/superboyish/2803h.jpg

yung 2 lane new road, binuksan na, kasodi pa papadaanan, 4 lane road na siya by june

massive ang constructions this coming months

sana magkaroon ng underpass from ortigas to commons, and there needs to be an effort to make Ortigas pedestrian friendly.

di pwede kasi may creek na man made na, matarik yun...at isa pa, walang pera ang ortigas para sa ibang idle investments

hindi ba gagawa daw ng steel suspension bridge ang ortigas sa circulo verde


DEVELOPER ORTIGAS & Co. is looking to spend P200 million to build a steel bridge linking its residential project in Libis, Quezon City to Pasig City in a bid to decongest traffic.

Ortigas is set to build the Circulo Verde Bridge -- which will have a minimum capacity of 840 vehicles -- to connect the 12-hectare development’s perimeter road near Calle Industria to Amang Rodriguez Ave., Joselito F. Santos, Ortigas real estate division general manager said in a briefing yesterday.

The 137-meter suspension bridge is expected to slash traffic volume in those areas by as much as 60%, he added.
http://www.bworldonline.com/content.php?section=Corporate&title=Ortigas-&-Co.-to-build-bridge-leading-to-Libis-development&id=49787

^^ anu ba yan? main building o mall lang?

the ortigas development in greenhills is looking really nice. it has a greenbelt look to it. if this is better, then this can compete with the ayala malls.

wow u/c na yung mall

estancia?

^^ anu ba yan? main building o mall lang?

noong gumawa ako ng thread sa int'l forum nilagay ko |Prep| sa Proposed Skyscrapers tapos pinalitan at nilipat ng mod at ginawang |U/C|, pero di bale na

It seems that they will widen the part of Meralco Avenue that's beside this development. They brought down the wall beside Meralco Ave. and I saw that there's a road.

If that will be part of Meralco Ave, then hooray! That road's really narrow. :(

matagal ko ng sinabi na may bagong road, opening niya this may or june

sana naman hindi makikipag-patintero sa mga kotse ang mga taong galing shang at megamall.

updates?

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.

When are they planning to launch and sell units at Royalton?

the ortigas development in greenhills is looking really nice. it has a greenbelt look to it. if this is better, then this can compete with the ayala malls.

I guess the Ayala philosophy right now is if you can't beat them, join them. :D ...by forming a strategic alliance with Ortigas and Co.

http://cdn.sulitstatic.com/images/2012/0220/004011212_4.jpg (http://cdn.sulitstatic.com/images/2012/0220/004011212_4.jpg)

unimart open end of 2013.

from their site
http://img9.imageshack.us/img9/6906/royaltoncapital.jpg

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

ang ganda ^^ lalo na ung tower na tabi ng royalton.

how many sq. mts. is capitol commons?

I guess the Ayala philosophy right now is if you can't beat them, join them. :D ...by forming a strategic alliance with Ortigas and Co.

I think that Ortigas in GH asset was sold to Ayala Group

dp

kelan ang turnover?

sana glass siya ha... baka sa render lang glass yan tapos yung actual eh concrete at maliliit lang ang windows! dapat true sila sa render...

concrete yung sa render

tas konting glass rin

5 towers lang pla talga plan nila dito? or meron pang iba?

The mall component is named ESTANCIA with PARAGON as a compliment. I hope someone can post the mall plan itself. It's really going to be high end with outdoor shopping. That massive on going construction is the mall which is targeted to open by next year.

sayang talaga ung place, dapat linagyan naman nila ng supertall kahit isa lang.

di pede ang supertall malapit sa ortigas kasi pagminsan ang baba ng lipad ng eroplano dito

Update: 2012 Nov 09
http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_6925.jpg

any updates? thanks!

SM keeps Ortigas bid alive
by Warren de Guzman | ABS-CBN News | Wednesday | Posted at 12/05/2012 9:34 AM | Updated as of 12/05/2012 9:34 AM

MANILA, Philippines - The SM group and Ayala group are officially competitors for another asset - the Ortigas property business.

There has been a stalemate for months after the Ortigas family split, with one faction siding with Ayala and the other with SM.

SM Investments chief finance officer Jose Sio said their bid for Ortigas is still alive.

"Our offer is still there... We are willing to sit down. Our offer is still effective," Sio told reporters.

Last August, 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.

Prior to the deal with Ayala Land, the SM Group had offered to buy Hong Kong Shanghai Banking Corp.'s (HSBC) 34% stake in the property firm for P11 billion.

Source: http://www.abs-cbnnews.com/business/12/05/12/sm-keeps-ortigas-bid-alive

More News

Sy-led SMIC still in the race for Ortigas' land deal
by Rappler.com | Wednewday | Posted on 12/05/2012 10:22 AM | Updated 12/05/2012 10:30 AM

MANILA, Philippines - The Sy business group remains keen in staying in the race for the remaining large landbanks in Metro Manila.

On December 3, Jose Sio, the chief finance officer of Sy-led holding firm SM Investments Corp (SMIC), said, "Our offer is still there," referring to a deal with the Ortigas group that was scuttled with the entry of the Ayala group.

"We are willing to sit down. Our offer is still effective," Sio added when reporters at the Philippine Stock Exchange (PSE) anniversary dinner asked him to elaborate. The short interview was aired by ANC.

The Sy group has been in talks with one side of the Ortigas family, which holds large tracks of land and existing commercial properties in various parts of the capital.

The Sy group were then poised to acquire the 34% stake of Hong Kong Shanghai Banking Corp. (HSBC) in the family's holding firm, allowing them to overtake the Ayala group, which has the largest property portfolio in Manila.

In August, Ayala Land entered the picture and announced their board has given the go-signal to proceed with a strategic partnership with another side of the Ortigas family, who appears to be having internal conflicts.

The Ortigases, who own the popular Greenhills shopping mall in San Juan City, the Tiendesitas complex in Pasig City, and other sites in Mandaluyong and Quezon City, have yet to announce who among the two suitors clinched the deal.

The real estate business in the Philippines has been booming, both on the residential and commercial sides, largely fueled by the business process outsourcing (BPO) sector and remittances sent home by overseas Filipinos.

The Ayalas, the Sys and other property developers have become more aggressive in buying lands for mixed-use development projects. The Ayalas' P24-billion bid in the privatization auction of Food Terminal Inc. in Taguig City added over 70-hectares in their portfolio.

The Sys and other property developers have been raising billions of pesos from the capital markets to add to the groups war chest.

Source: http://www.rappler.com/business/17328-sy-led-smic-still-in-the-race-for-ortigas-land-deal

The Royalton - Ortigas

http://img836.imageshack.us/img836/7185/philippinesroyalton.jpg
http://img842.imageshack.us/img842/8104/philippinesroyalton2.jpg



latest

latest

this really looks nice. but how is ortigas and co. as a developer? and their property management arm? any feedback from previous buyers?

Ortigas says it can grow even without strategic partner

ABS-CBNnews.com
Posted at 01/31/2013 4:03 PM | Updated as of 01/31/2013 4:03 PM


MANILA, Philippines - As the Ayala and SM groups continue to tussle over a possible joint venture with Ortigas & Co., the property developer doesn't believe having a strategic partner is important in growing its business.

"Under our current business plan, we can do it ourselves. We've been doing it. The suppliers of credit are eager to help us. We have a pretty solid balance sheet in the next five years, even without a strategic partner, these things can be done," Ortigas & Co senior vice president and chief finance officer Emmanuel Rapadas said......

.......Rapadas said the company is promoting Viridian, the first condo tower inside the Greenhills shopping complex and Royalton, a condo development at the Capital Commons in Pasig.

http://www.abs-cbnnews.com/business/01/31/13/ortigas-says-it-can-grow-even-without-strategic-partner

Sure they can grow on their own. But at what pace? Just take a look at the speed of the development of their Frontera Verde complex and the slow redevelopment of Greenhills Shopping Center.

^^ I hate to say it... But I agree. Circulo Verde's promise and even Greenhills remains to be a promise... Even with the sound site redevelopment plan for Greenhills, Viridian still has available units despite the sheer number of investors buying elsewhere... The Ortigas brand has lost its place in the property market for being nowhere in sight even when Megaworld or SMDC finally joined in on the action...

What they need is funding to pay for talented people and firms who can turn things around for them, this if they will not sell to ALI or SM... perhaps they should push through with IPO?

maganda naman yun render and yun commercial area gives me the Bonifacio High Street feeling :)

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

sana lang maganda yun plans ng Unimart, I'm not really sure why Unimart.

apat na tower lang....sana ginawa na lang sky garden ang podium

maganda naman yun render and yun commercial area gives me the Bonifacio High Street feeling :)

sana lang maganda yun plans ng Unimart, I'm not really sure why Unimart.

Unimart and Ortigas and Co. have been partners ever since

February 1, 2013.....http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_7366.jpg

Me like!

Unimart and Ortigas and Co. have been partners ever since


honga eh pero still why Unimart? :lol:

seriously sana maging maganda ang impact ng Unimart sa Kapitolyo Pasig :banana:

^^ IMHO if you put any Grocery within a residential community, people will still shop there because its convenient. So why not Unimart?

^^ IMHO if you put any Grocery within a residential community, people will still shop there because its convenient. So why not Unimart?

yea true. but some can be very discerning though. we have some relatives, who despite distance, still prefers to do grocery in that bgc supermarket kahit na nakatira sila somewhere near rob galleria. haha. funny how people's preferences vary, even funnier on how they justify it. but its their choice and if they are happy about it then let them be. pero ako kahit 24/7 convenient store pa yan, kung noodles lang naman ang bibilhin ko eh dun na ako sa nearest.

May nakakaalam po ba dito ng estimated or planned height nito?

Sana dito na lang itayo ang proposed na supertall ng Ortigas (One Galleon Place), nababagay naman ito sa mga towers ng Capitol Commons.....:okay:

February 1, 2013.....http://i246.photobucket.com/albums/gg108/vavaboom2k7/IMG_7366.jpg

still not much work being done. The back side of the u/c mall is supposed to be The Royalton

Apart from Capitol Commons, some potential areas for development in Ortigas:

Payanig sa Pasig (metrowalk/home depot area) - 18.5 hectares (currently disputed by PCGG and Chavit's Blemp Commercial)
MMDA impounding yard - 1.8 hectares (GSIS owned- up for bidding for interested developers soon)
Former megatent - 2 hectares (Ayala owned)

http://img842.imageshack.us/img842/8104/philippinesroyalton2.jpg

http://www.iphilippineproperty.com/the-royalton.html

is this a good price and whatabout the area
im from Sweden and have some intrest in doing this investment?

Latest Render

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


Capitol Commons is a 10-hectare integrated mixed use development rising in the old site of Rizal Capitol. Capitol Commons is conceived to provide an alternative premiere destination in Pasig City Metro Manila.

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

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/2737668.jpg?584

Estancia Mall:

Estancia will be a new upscale shopping mall that will be the new center of sophistication, class and glamour in the fashion and retail industry. It will feature luxury brands and welcome some of the first ever international brands and restaurants in the country. Indoor and outdoor shopping and dining is made possible by the seamless architectural design with an urban park situated right in front of Estancia.

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/8633730.jpg?550

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/9554032_orig.jpg

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/7594832_orig.jpg

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/3007223_orig.jpg

NEW UNIMART SUPERMARKET... OPENING DECEMBER 2014

Two-storey supermarket with retail units to provide complete shopping and dining experience.

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

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/7255774.jpg?503

Site is situated in Brgy. Oranbo, Pasig City, surrounded by commercial, residential and civic developments. Accessed via Shaw Blvd., Meralco Avenue and Captain Javier St. (in front of Valle Verde Country Club).

http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/6911183_orig.jpg?563

http://www.iphilippineproperty.com/the-royalton.html

is this a good price and whatabout the area
im from Sweden and have some intrest in doing this investment?

The area is relatively nice. It's near to Ortigas CBD.
Malls, schools, banks and other business establishments are there.

MRT 3 is at a striking distance.

Another mall - ESTANCIA MALL, PASIG :)

Latest Render
http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/9554032_orig.jpg
http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/7594832_orig.jpg
http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/3007223_orig.jpg
http://www.iphilippineproperty.com/uploads/6/8/0/3/6803975/3714024_orig.jpg

^^ ang ganda!

Woot! They're making an access road that links Shaw blvd. and Capt. Henry st. :cheers:

Latest Render


http://64.19.142.13/www.iphilippineproperty.com/uploads/6/8/0/3/6803975/7255774.jpg?503

http://www.iphilippineproperty.com/the-royalton.html

is this a good price and whatabout the area
im from Sweden and have some intrest in doing this investment?

#1) LOCATION = Good (walking distance to Ortigas Business District; near MetroTrain).

#2) PRICE = EXPENSIVE for it's location; Php125k/sqm preselling price.

#3) MY ADVISE:
*** If you can afford Php125k/sqm (preselling),
I suggest you buy a condo in better locations ("Inside" CBD like Ortigas, Ayala, Bonifacio Global City).
*** If you really want to buy this pre-selling condo, you should bargain at lower price.

Ang lapit ng Estancia from my work. Pedeng lakarin. Nice! :D

it's expensive for a pre selling price...

I thought the article from last year or two said that condo prices here ranged from 3-mil to 10-mil? If it's 125k/sqm...that's around 3.7-mil. So no one was able to take advantage of the 3-mil price? Was the price hike due to it being next to a "shopping center" or is it just simple demand?

http://1.bp.blogspot.com/-WjbcU4OuVog/USZCyAQClMI/AAAAAAAAAi8/PnEMLiAYv30/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+011.jpg

http://3.bp.blogspot.com/-oYqDCy6P_og/USZDWmMqnWI/AAAAAAAAAks/4FchdngbvBw/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+026.jpg

http://2.bp.blogspot.com/-T1rJTJREWhU/USZDRUdfeZI/AAAAAAAAAkc/9S5fV8dUbxM/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+024.jpg

http://4.bp.blogspot.com/-Id18vt8l7lg/USZDW55BYJI/AAAAAAAAAkw/NQupvMUzbmI/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+027.jpg

http://2.bp.blogspot.com/-wVrMunsg0SY/USZDcEmhIqI/AAAAAAAAAlE/nanbnlIoFjQ/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+030.jpg

http://1.bp.blogspot.com/-WjbcU4OuVog/USZCyAQClMI/AAAAAAAAAi8/PnEMLiAYv30/s640/Affordable+Ortigas+Condo+Kapitolyo+Pasig+Condo+Royalton+Preselling+011.jpg



Capitol Commons Park opens April 2013??

bakit kaya nagdecrease ang height ng Royalton from 65 floors to 61 floors??

bakit kaya nagdecrease ang height ng Royalton from 65 floors to 61 floors??

61 residential floors - 64 floors siya totally

66-67 floors penthouse ^^

Need your advise and expert opinion...

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.

Apart from Capitol Commons, some potential areas for development in Ortigas:

Payanig sa Pasig (metrowalk/home depot area) - 18.5 hectares (currently disputed by PCGG and Chavit's Blemp Commercial)
MMDA impounding yard - 1.8 hectares (GSIS owned- up for bidding for interested developers soon)
Former megatent - 2 hectares (Ayala owned)

http://img842.imageshack.us/img842/8104/philippinesroyalton2.jpg
can you show where in the map is this?

^^ Here's what I got. Someone feel free to correct any of the inaccuracies, if there are any. Also, feel free to add any unmentioned major developments.

http://i1292.photobucket.com/albums/b561/TexasTechForte/OrtigasSkyline-120a_zps07cf1243.jpg

Oops...sorry. MIB was asking for the fault line. Didn't read up more. My bad. Please disregard my post above.

^^ Here's what I got. Someone feel free to correct any of the inaccuracies, if there are any. Also, feel free to add any unmentioned major developments.

http://i1292.photobucket.com/albums/b561/TexasTechForte/OrtigasSkyline-120a_zps07cf1243.jpg
thanks exciting

Oops...sorry. MIB was asking for the fault line. Didn't read up more. My bad. Please disregard my post above.

No problem.

I was actually asking...

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

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

Thanks.

No problem.

I was actually asking...

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

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

Thanks.

the faultline is somewhere near c5 and lanuza...so it is not directly sitting on it... like occ, unionbank, and the marco polo buildings... i think has quite ample distance from the faultline...philvolc rule saya a good distance is around 5 meter only...but some articles i read its 20 meters... what should be considered here is where does this high rise building will sit... it should be on a bedrock to ensure stability and then the right colums that this will have... IMHO

the faultline is somewhere near c5 and lanuza...so it is not directly sitting on it... like occ, unionbank, and the marco polo buildings... i think has quite ample distance from the faultline...philvolc rule saya a good distance is around 5 meter only...but some articles i read its 20 meters... what should be considered here is where does this high rise building will sit... it should be on a bedrock to ensure stability and then the right colums that this will have... IMHO


Thanks siopao, this is very helpful info.

Does anyone know if Capitol Commons is sitting on a bedrock?

Thanks siopao, this is very helpful info.

Does anyone know if Capitol Commons is sitting on a bedrock?

Yes it is, on Class SB Tuff (Adobe) Hth

Yes it is, on Class SB Tuff (Adobe) Hth

Thanks bro! Very helpful indeed.