Otis 888 Residences [res|u/c] Manila

[bevepi]

Robinsons Land Corporation will soon launch another Residential Townhouse concept in Paco, Manila. It will consists of 200 Townhouses with a Mall within the vinicity. This 4 Hectares Land was just acquired the property last month. Tentative launching date this 3rd week of April 2006...

Here is some write-ups of the future development site of the Otis 888 Residences taken from the website of RLC.

Robinsons pays P573M for M-Gas property
An article published in The Business World, March 7, 2006
By: Felipe F. Salvosa II and Jennee Grace U. Rubrico


--------------------------------------------------------------------------------

Robinsons Land Corp. (RLC), the country's third largest property developer, paid P573 million to the government yesterday for a four-hectare property in Paco, Manila , the year's first big-ticket privatization deal.

At least P300 million will go directly to the National Government while P173 million will be deposited to the Treasury, said Finance Undersecretary Gabriel R. Singson, Jr., head of the interagency Privatization Council. Part of the proceeds will also go to Manila Gas Corp. (M-Gas), subsidiary of state-run National Development Co. and the lot's former occupant, as well as for taxes.

The government has been trying to sell the real estate since 1995. "We're very happy with the results," Mr. Singson said.

The Gokongwei-led developer plans to devote a hectare of the Manila Gas lot to a shopping mall and the rest, three hectares, for townhouses. It operates the Robinsons chain of malls and is the largest domestic hotel owner and operator.

In a statement, Robinsons Land said it plans to tap the Filipino-Chinese market for its latest residential project that will stand on the Manila Gas property.

RLC High Rise Buildings Division General Manager Danilo E. Ignacio said the property will be the location for Otis 888 Residences, an upscale townhouse project that will compete with Community Innovations Inc.'s nearby Celadon project.

"We plan to develop a big portion of the premium property into upscale townhouses composed of 3 to 4 bedrooms with price ranging from P6.5 million and up. Our main market will be the Fil-Chinese market residing in the Chinatown Area. Our newest upscale development and design fully reflects the discerning taste of our target clientele," Mr. Ignacio said.

He said that RLC has just completed the overall master plan for the project and that it will start selling the townhouses by next month. He added that with Otis 888 Residences located two kilometers, or less than 10 minutes, away from the Binondo area, the residential project "offers a refreshing alternative for upscale living to Fil-Chinese."

"As Chinatown is getting more congested, Otis 888 Residences will help address the growing needs of Fil-Chinese now looking for additional living space or have plans of investing in nearby residential properties for their growing families," he said.

Otis 888 Residences is located within close proximity to schools, including St. Peters , St. Jude, Chiang Kai Shek, Uno, Malayan High School of Science, St. Stephen, University of Santo Tomas , and San Beda. With Robinsons planning to put up a mall on the development site, Mr. Ignacio said, residents of Otis 888 Residences will be given easy access to basic needs.

He added, however, that plans for the mall are still being finalized as "the company is carefully reviewing the ideal retail mix for the commercial portion of the mixed-used development."

RLC is the real-estate arm of Gokongwei-controlled JG Summit Holdings, Inc., one of the country's largest conglomerates with diverse interest in branded consumers foods, agro-industrial and commodity food products, textile, telecommunications, petrochemicals, air transportation and financial services.

The firm said that its acquisition of the Manila Gas property "aims to add valuable land inventory."

Robinsons Land got the notice of award in December, edging out Ayala Community Innovations in the bidding last October as the latter offered to buy the Manila Gas property for only P86 million.

Robinsons Land's original offer was only P562.6 million. But the Privatization Council required it to improve the bid by P10.8 million because under Commission on Audit rules, the government cannot dispose of an asset at less than 90% of the floor price. The Manila Gas property had an indicative price of P637 million.

The October bidding was only able to dispose Manila Gas' 39,995-square-meter south property. There were no bidders for the 12,271-square-meter north property, also in Paco, and a smaller one in Cebu . The north property was valued at P136.26 million while the Cebu property is worth P9.52 million.

Mr. Singson told reporters the government was open to joint ventures for the other lots. Manila Gas occupied the Paco properties until 2002 when it stopped its liquefied petroleum gas operations.

Robinsons Land also earlier bought the 9.3-hectare Jardine Davies property which is located between Bicutan and Nichols interchange. The company said it will turn the property into a mixed-used development that will be composed of several residential thematic enclaves.

Watch out for some details in my site..

[Dvorak]

san exact location nito?

[bevepi]

Along otis, the former manila gas corp. ill check d actual site 2mrw maybe will take a picture of site..

[bevepi]

Just to tease everyone...

http://i45.photobucket.com/albums/f94/bevepi/Otis_Perspective.jpg

more advance info coming soon...

[thomasian]

^^ Yes Benj, I've seen the site and I noticed that it has a big frontage (covered by the Manila-Gas fence) along Otis/Paz M. Guazon Ave. I never thought it was triangle shaped. Thanks.

[bevepi]

Hi Bro? Kamusta? Its been quite some time..when tyo uli meet?

anyway well I guess it was shaped that way. I decided to hold some info on this project not to pre empt the RLC grand launching this April, but we are quite happy and excited with this project, because this is the 1st Townhouse project of RLC to be launch in Manila. Competitors and Investors are also eager to see the concept, we have a good numbers of inquiries from the chinese market since they have made a teaser on the chinese newspaper. BTW punta k uli office for the contract.

[thomasian]

^ I guess sa summer ko na lang aasikasuhin yung pagiging REA ko ng Robinsons Land. Busy pa kasi sa school eh. :)

BTW, I do think competitors have substantial information about this project as they always have spies running around.

I really liked the concept of adding "888" in the name to attract the tsinoys and the Chinese. :okay: It sounds very lucky to them.

[bevepi]

Ok Thomasian.

yup, it is feng shui based actually to really attract the Chinese markets and not only that, sizes and cuts are also feng shui based. Lot sizes are 138, 168 & 188. :)

[driftwood]

Sounds interesting. Kailan ang launching / preselling nito? Saan makakakuha ng info?

[thomasian]

^^ Info? Kay bevepi. Alam niya 'yan. :okay:
Seems like it will be a Chinatown, yung kayang design asian-inspired din?

[bevepi]

Tentative launching is April 20, that the start of the pre-selling initial offering is 36 units muna, then maybe they will be increasing the price. but right now we accept priority reservation. you can email me so that i could give you an advance info of this project. we anticipate a unit sell-out for the 1st month, ganda kasi ng concept with a mall.

email me bevepi@walla.com :)

[Edmundtanso]

omg....looks like a row of low costs housing

[tyronne]

omg....looks like a row of low costs housing

hahaha! pero in fairness, i like the retail component of the project--it looks good. yung residential part... ummm... they're so close together kasi eh. well, we'll see when it gets built. we might be wrong.

[midsunset92]

Tentative launching is April 20, that the start of the pre-selling initial offering is 36 units muna, then maybe they will be increasing the price. but right now we accept priority reservation. you can email me so that i could give you an advance info of this project. we anticipate a unit sell-out for the 1st month, ganda kasi ng concept with a mall.

email me bevepi@walla.com :)

do you have preselling price scheme for the units already?

[bevepi]

Excepts from the General Manager of RLC:

"We plan to develop a big portion of the premium property into upscale townhouses composed of 3 to 4 bedrooms with price ranging from P6.5 million and up. Our main market will be the Fil-Chinese market residing in the Chinatown Area. Our newest upscale development and design fully reflects the discerning taste of our target clientele," Mr. Ignacio said.

Hi Ed,

I guess if this looks like a low cost housing, maybe we will not target the Chinese market, who are very meticulous in choosing a place to reside and maybe if you could mention a LOW COST housing project worth P6.5M each unit, promise I will never ever post in the thread again :bash:

[bevepi]

Price ranges:

138 sq mtrs. - 2bedroom - P 6.5M

168 sq mtrs. - 3bedroom - P 7.5M

188 sq mtrs. - 3bedroom - P 8.5M

[thomasian]

IMO, the posted "Proposed Masterplan" above could be for reference purposes only and should not be taken as the final design if the project.
I think negative comments like that should only come after we see the final designs.

[Mosaic]

nice gated community.

[JChip]

Their pricing is a bit steep.

@Bevepi,

Would you happen to know the lot sizes?

It's nice to see that place develop. It's even close to the new Malayan Science High School. I think this place will see more projects soon.

Does anyone have details on Ayala Land's competing project - The Celadon Place?

[bustero]

What percentage of the lot is townhouses? There's a high rise component to this I understand. Can't be just 200 units on 4 hectares. Ortigas is doing 80 units on 1 hectar for similar sized units (200 sq.m.).

[thomasian]

^^ As far as I know, they can't go high-rise because a height limit is actually being imposed in that area because of it's proximity to Malacañang.

[the edge]

i think the retail will eat up some of the lot area. say 1 ha for the retail so, 200+ on 3 has for the residential. let's say 70% saleable that means 21,000 saleable lot divided by 200+ residential lot. must be around 100 sq.m lots.

[bevepi]

Lot areas available:

138 sq mtrs - 68 sq mtrs lot area
168 sq mtrs - 80 sq mtrs lot area
188 sq mtrs - 103 sq mtrs lot area

right now 3 hectares is primarily for the residential townhouses and 1 hectare will be for the mall, no high rise concept will be available since we know it is very close to malacanang. We are expecting an at least 240 units. only 36 units will be initially offered this April.

[bustero]

ok, strange though. Legarda there are high rise (15 stories) on it and that's directly in front of malacanang, not accross the river

[bevepi]

Here is the long frontage of project site in Guanzon ave, Otis..

Future site of Otis 888 residences

http://i45.photobucket.com/albums/f94/bevepi/manilagasfrontgate.jpg


http://i45.photobucket.com/albums/f94/bevepi/manilagaslongfrontage.jpg

[bevepi]

Here is the colored pictures of the Townhouse Perspective..

Soon to Launch in Otis, Manila..

http://i45.photobucket.com/albums/f94/bevepi/Otisperspective.jpg

Nice :dance:

[KiBeN]

dun pala yun... thanks bevepi!!!

[bevepi]

yup. Familiar with the place?

Next week, we will be launching this very first Townhouse project of Robinsons Land Corp..

[KiBeN]

first townhouse? oh yah, bloomfields was a residential one right?

[bevepi]

Bloomfields is in far north of novaliches but Otis 888 is in the heart of Manila..

Cant really wait..

Aother sell-out project..

The site location map of the project taken from the site of RLC

http://i45.photobucket.com/albums/f94/bevepi/Otis888map.jpg

[bevepi]

We have formally launch Otis 888 Residences last Friday..

Only 36 Units have been offered for phase 1 and 6 units has left in the initial offer, 30 units sold-out in less than 1 month, RLC has announced that they they will open another additional 20 units to meet the demand of the market..

Artist rendering on the Main Entrance.


http://i45.photobucket.com/albums/f94/bevepi/mainentranceperspective.jpg

[thomasian]

http://i20.photobucket.com/albums/b210/ofngol/Otis888_SiteDevPlan.jpg

[KiBeN]

thanks thomasian... final design na ba yan? pero parang ang sikip nung mga houses. Sana lagyan nila ng trees sa sidewalks, unlike the bloomfields >that's why it's hot there. :)

[bevepi]

It looks tight lang ang space sa perspective, but not in the final finish deliverable.

Yup there will be trees is some space intended for the greeneries..

Thomasian,

dude bka mapagkamalang low-cost na naman ang Otis :hahaha: :lol: :lol:

up until now di pa din ako makahanap ng P 6.5M na low-cost, naikot ko na yata buong manila, kahit sa cavite wala pa din akong mahanap :lol: :lol: :lol:

[thomasian]

^^ Ganyan talaga ang mga rich, low-cost pa daw para sa kanila ang P6.5 M. :hilarious

[bevepi]

Phase 2 are now open, additional 20 units..

whew that was fast..

[bevepi]

Here is a typical 138 sq mtrs 3-Bedroom floor plan of Otis..

http://i45.photobucket.com/albums/f94/bevepi/otis138.jpg

[the edge]

not bad at P6.5M. good location. may hot air balloons pa. hehehe =). i like the look of the mall.

[bevepi]

the edge,

Thanks. and thats the reason why the 138 units are the most saleable..

hot air ballons are not included in the project deliverables.. :lol:

[KiBeN]

the edge,

Thanks. and thats the reason why the 138 units are the most saleable..

hot air ballons are not included in the project deliverables.. :lol:

was that hot air balon? hahaha, kala ko ordinary balon lang... :)

[the edge]

^ lakas mang-asar. hehehe :)

joking aside, which do you think is more saleable now, OTIS888 or CELADON? I'm just curious. Saka which will be delivered first?

[bevepi]

I would just say that Otis has been a threat to the Market of celadon. Before the formal launching of Otis, Celadon has been dominating the manila market, but when the chinese market heard about the launching of Otis, in which they think they will have a better option. From what i heard they actually waited for RLC to formally launch Otis :okay:

Another reason is that Celadon dont have the 138 sq mtrs, our most saleable that can be afford by a middle income market.

Phase 1 will be delivered 2007 for Otis..

[the edge]

As for me, I like the location of Otis over San Lazaro, considering the surrounding neighbors. I just wish Celadon won't be flooded once the rainy days or La Nina come. I know that this area is easily flooded before.

[thomasian]

^^ Yeah, Celadon is very near the water-basin of Spain (España that is :D ), UST, which sinks during heavy rains.
At least it's got the España Sea and Dapitan River to clear the rainwaters.

[bevepi]

I certainly agree to booth of you, edge and thomasian. Thanks for the compliment.

Lets just wish the san lazaro property unit owners good luck before the rainy day comes..

but in fairness, I think the devloper will do something about it since they have done a site check before they have develop a project.

[bevepi]

Phase 1 & Phase 2 sold-out!!!

Phase 3 is now open..but soon going..going..going..gone :dance2:

[bevepi]

Latest update on the construction of the Main Entrance of Otis..

http://i45.photobucket.com/albums/f94/bevepi/EntranceOTIS.jpg

Phase 1 will be delivered by December 2007

[gridloc]

Ask ko lang kung kailan magcoconstruct ang Robinsons Otis? Thanks

[bevepi]

Ask ko lang kung kailan magcoconstruct ang Robinsons Otis? Thanks

first phase of land development has already started which includes the main entrance of the project.

[thomasian]

^^ I think he's asking for the Robinsons Mall there. ;)
So will they build it together with the residences?

[gridloc]

^^ I think he's asking for the Robinsons Mall there. ;)
So will they build it together with the residences?

yup. the robinsons place otis (may be the name). my query's kinda confusing. :runaway:

[bevepi]

yup. the robinsons place otis (may be the name). my query's kinda confusing.

its alrite. Residential project will be develop first.

[isRafiL]

you wouldn't believe, but it is a high end project. higher than Fifth Avenue Place.

omg....looks like a row of low costs housing

[isRafiL]

residences muna, before ung mall i think. same as Bloomfields Tagaytay.

i heard 8 malls will be constructed in the year 2007. there will be one in tagaytay soon!! :runaway:





^^ I think he's asking for the Robinsons Mall there. ;)
So will they build it together with the residences?

[thomasian]

From RLC website

Progress photo as of February 26, 2007

http://www.robinsonsproperties.com.ph/images/Construction/O8R/o8r_0226071.jpg

http://www.robinsonsproperties.com.ph/images/Construction/O8R/o8r_0226072.jpg

http://www.robinsonsproperties.com.ph/images/Construction/O8R/o8r_0226073.jpg

[oboi]

Main Entrance

http://i63.photobucket.com/albums/h141/oboi_1/otis88_3.jpg


Robinsons Mall underconstruction

http://i63.photobucket.com/albums/h141/oboi_1/otis88_1.jpg

http://i63.photobucket.com/albums/h141/oboi_1/otis88_2.jpg

[bevepi]

I almost forgot to post that Otis 888 is now offering the commercial - residential front lots. Units starts at 168sq mtrs at 11.2M

Ill post the pictures soon as I have scanned them.

[bevepi]

Construction update as of June 8, 2007

http://i45.photobucket.com/albums/f94/bevepi/Image017.jpg
Secondary road and construction of mall & amenity area

http://i45.photobucket.com/albums/f94/bevepi/Image016.jpg
Main Road

http://i45.photobucket.com/albums/f94/bevepi/Image015.jpg
Mall construction, view from side

http://i45.photobucket.com/albums/f94/bevepi/Image014.jpg
Living area taken from the 2nd floor

http://i45.photobucket.com/albums/f94/bevepi/Image013.jpg
Panoramic windows

http://i45.photobucket.com/albums/f94/bevepi/Image010.jpg
stairs going 2nd & 3rd floor

http://i45.photobucket.com/albums/f94/bevepi/Image009.jpg
2nd floor hallway

http://i45.photobucket.com/albums/f94/bevepi/Image007.jpg
1st cluster

http://i45.photobucket.com/albums/f94/bevepi/Image006.jpg
construction of the biggest unit - A01

[thecount]

thanks for the photos

[bevepi]

thanks for the photos

Just PM if you need more info.

Thanks

[thomasian]

The Robinsons Otis mall...
http://i23.photobucket.com/albums/b358/thomasian/RM.jpg

[Butanding]

^ Mall ba ito? :)

[bevepi]

Latest construction update of the interior finishes of the unit and project site..

http://i45.photobucket.com/albums/f94/bevepi/100_0768.jpg
Cluster 1 with exterior finishes

http://i45.photobucket.com/albums/f94/bevepi/100_0770.jpg
Main Gate

http://i45.photobucket.com/albums/f94/bevepi/100_0771.jpg
On-going construction of Clubhouse

http://i45.photobucket.com/albums/f94/bevepi/100_0774.jpg
Interior finishes (Kitchen)

http://i45.photobucket.com/albums/f94/bevepi/100_0775.jpg
LOFT

http://i45.photobucket.com/albums/f94/bevepi/100_0776.jpg
Bedroom finishes

http://i45.photobucket.com/albums/f94/bevepi/100_0780.jpg
Interior

http://i45.photobucket.com/albums/f94/bevepi/100_0781.jpg
Finishes of the 3rd floor room

http://i45.photobucket.com/albums/f94/bevepi/100_0782.jpg
T&B finishes

[-TC-]

http://www.philstar.com/index.php?Real%20Estate&p=49&type=2&sec=37&aid=2008061231

Robinsons Otis office spaces now available
Philippine Star
Friday, June 13, 2008

Having office spaces located within a mall complex offer more distinctive advantages to its prospective lessors. This is what Robinsons Otis has to offer plus so much more.

Robinsons Land Corporation, the pioneer and leading mixed-use developer in the country, has brought this strategy again in this part of the metropolis. Business outsourcing companies or BPOs who are planning to expand this year can now move in to 3 office floors ready for fit out situated on top of Robinsons Place Otis shopping mall along Paz Mendoza Guanzon Steet, in Paco, one of Manila’s oldest district.

The location is perfect for call center agents who work on a 24/7 routine, since both their personal and recreational needs can be fulfilled by the outlets found inside the mall. BPO and call center agents can enjoy numerous dining establishments and service stores, shop for their needs at Robinsons Supermarket and Robinsons Appliances for the latest in gadgets, appliances & electronics. Parking area is located at the basement level and has direct access to the 3rd up to the 5th level where the office spaces are located.

“Our office spaces are efficiently design to meet the specific requirements of our customers. We offer a ‘perfect yet flexible floor plate, which means that our locators with different requirements can have an office area ranging from 1,300 to 2,400 square meters, “ says Architect Henry Yap, Robinsons Land Corporation (RLC) general manager for Office Buildings Division. Architect Yap adds that the columns are widely spaced from each other to offer more vantage for the prospective lessor.

Another advantage that Robinsons Otis offers is its location—Manila, where numerous big universities are 30 minutes away. “Future locators will experience ease in recruitment because of its proximity to the University Belt where institutions like University of the East, Far Eastern University, University of Sto. Tomas, Technological Institute of the Philippines, among others, are located. The Paco District is likewise a short distance from the Taft Avenue area where more prestigious schools like the University of the Philippines, DLSU, St. Paul’s University, PWU, PLM, PNU, Sta. Catalina College are located,” says Arch. Yap.

Future lessors should also take note that Robinsons Otis is conducive as a “disaster recovery site” for BPOs who are currently located in the Makati, Ortigas and Bonifacio areas. “By having this ‘stand by’ area available, it would mean that BPOs will have continuous 24/7 operation and not experience any down time whatsoever. In addition, these lessors are guaranteed 100% back up power in case of any power shortages.

Interested parties can call telephone numbers 395-2177, 687-5681 local 537.