The Eton Baypark Manila is a 23-story luxury residential condominium that affords its residents front-row views of two national landmarks: the Manila Bay and Rizal Park. It offers executive studios to two-bedroom units, with floor areas ranging from 34 to 93 square meters. Strategically located at a 744-square-meter lot at the corner of Roxas Boulevard and Kalaw Street in Manila.

Eton Baypark Manila will be launched on June 08, 2007. Eton is now accepting Letter of Intent/Reservation Checks. There will be an investors night on June 20,2007 to be held at the Century Park Hotel.

unit prices pls? thx!! :)

unit prices pls? thx!! :)

They have not yet released the official price list but studio unit starts at P2.8M vat inclusive.

thx. :)

Eton Properties to launch upscale condominium in Manila (http://www.abs-cbnnews.com/storypage.aspx?StoryId=80877)

By JUDITH BALEA

Eton Properties Philippines, Inc. (EPPI), a property firm controlled by tycoon Lucio Tan, said Friday it would start next year the construction of a 25-storey, furnished residential condominium in Manila.

Located at the corner of Roxas Boulevard and Kalaw Street, Eton Baypark Manila will be the company's second residential project following Eton Residences Greenbelt, which is now almost sold out.

Eton Baypark Manila will house 210 studio and two-bedroom units, providing unobstructed views of the Manila Bay and Rizal Park.

Prices of units range from P2.5 million to P8 million.

The project is slated for completion and delivery by 2010.

Company president Danilo Ignacio told reporters that the company would be needing more than its initial capital allotment of P10 billion this year to finance its seven key projects, including Eton Baypark Manila.

Ignacio said Eton is planning to develop an 11-hectare property at the corner of Quezon Avenue and EDSA and another one-hectare property in Makati into mixed-use commercial areas that will have residential units, hotels and business process outsourcing (BPO) centers.

By the third quarter, Eton will also start the construction of a 17-storey office building in Ortigas that will cater to BPO companies.

Ignacio said the company is also sourcing foreign master planners for a new development outside Metro Manila, the Eton City in Sta. Rosa, Laguna.

TM Kalaw and Roxas Blvd? Di naman siguro sa location ng Luneta Hotel to no? (Wag naman sana)

TM Kalaw and Roxas Blvd? Di naman siguro sa location ng Luneta Hotel to no? (Wag naman sana)

bro nasa TM Kalaw yong Luneta Theater ..... its a block or 2 away from Roxas Boulevard. Malayo cya sa corner

bro nasa TM Kalaw yong Luneta Theater ..... its a block or 2 away from Roxas Boulevard. Malayo cya sa corner

Oh okay. Buti naman kung ganun. Thanks for the clarification.

http://business.inquirer.net/money/breakingnews/view_article.php?article_id=71440

Eton says it is not involved in Tan’s sequestration cases
By Daxim Lucas
Inquirer
06/15/2007

MANILA, Philippines -- The real estate company of the Chinese-Filipino tycoon Lucio Tan on Thursday sought to ease potential buyers’ concerns on its possible involvement in the government’s sequestration cases against Tan.

Officials of Eton Properties Philippines Inc. said in a news briefing that the company -- still officially known as Balabac Resources and Holdings Inc. -- was “not involved in any litigation issues pending before judicial bodies relative [to] ownership issues with the government.”

Eton president Danilo Ignacio said the company had received several inquiries from clients about its potential involvement in the controversial cases, especially after congressman-elect Ferdinand Marcos Jr. agreed to help the government reclaim 60 percent of Tan’s companies that allegedly were acquired illegally.

“Neither is [Eton] one of the sequestered companies under the Lucio Tan group being pursued by the PCGG [Presidential Commission on Good Government],” Ignacio said.

He added that these sequestration orders of the PCGG against Tan’s companies had been lifted and declared null and void as early as February 2006 by the anti-graft court Sandiganbayan.

“In layman’s terms, the said sequestration orders were rendered in violation of the ownership rights of the said Lucio Tan companies, which include Allied Banking Corp., among others,” he said.

Ignacio said Eton reassured potential buyers about their concerns and pointed out that sales have so far been unaffected by the developments.

Eton formally unveiled plans for development of Eton Baypark Manila, a 25-story condominium building at the corner of Roxas Boulevard and T.M. Kalaw Street in Manila. (click link for more)

TM Kalaw and Roxas Blvd? Di naman siguro sa location ng Luneta Hotel to no? (Wag naman sana)

Luneta Hotel is on the next block or corner from Roxas Blvd... along Mabini St if I'm not mistaken...

wow.. ganda ng location nito.. and that's why the old structure on the site was demolished long ago noh...

ay ito repost ko yung pix ni oboi... Eton, I would presume, will be on the empty lot on the rightmost side of the picture where the traffic light is..

http://i63.photobucket.com/albums/h141/oboi_1/roxas06.jpg

Luneta Hotel is on the next block or corner from Roxas Blvd... along Mabini St if I'm not mistaken...

wow.. ganda ng location nito.. and that's why the old structure on the site was demolished long ago noh...

Correction... Luneta Hotel is at the block bounded by TM Kalaw, Alhambra and Guerrero Sts.

ay ito repost ko yung pix ni oboi... Eton, I would presume, will be on the empty lot on the rightmost side of the picture where the traffic light is..

Yup, you are correct. It'll be located at that fenced off lot.

http://i63.photobucket.com/albums/h141/oboi_1/roxas06.jpg[/quote]

if i had the money, i would renovate and retrofit the luneta hotel....it's such a treasure!!! i hope they don't tear it down (i hope they hadn't already).....

and i hope eton baypark manila will be as grand!! it better be!

^^ i believe Luneta Hotel is that building beside the Eton location.
that old building is the Luneta Hotel.

Yup, Luneta Hotel is the old 6-storey building you see (refer to pic of @oboi). Once built, the Eton will almost cover the hotel from this angle.

Eton Properties to build condo in Otani Hotel site
By Jenniffer B. Austria
http://www.manilastandardtoday.com/?page=business3_june15_2007


Eton Properties Philippines Inc., the property unit of tobacco and airline tycoon Lucio Tan, yesterday launched its second high-end residential condominium project near Rizal Park in Manila.

Eton president and chief operating officer Danilo Ignacio told reporters in a briefing that the project, called Eton Baypark Manila, was the company’s response to the needs of Manila-based businessmen and entrepreneurs for a high-end residential condominium.

“We are getting a lot of inquiries from businessmen from Chinatown area and we are also getting strong interests from Fil-Americans for this project,” Ignacio said.

The project is located at the corner of Roxas Boulevard and T.M. Kalaw Street, the site of the landmark Otani Hotel, which was foreclosed by Allied Bank from deceased property magnate Tan Yu.

The project is a 25-story condominium offering studio to two-bedroom units with price ranging from P2.5 million to P8 million per unit.

Construction will start early next year for completion by December 2010.

Ignacio said Eton Baypark Manila was part of the seven priority projects that the company planned to develop over the next five years.

He said the management could go back to the board to ask for additional funds for future projects after earlier allocating P10 billion in capital expenditure for the seven projects.

The company in April to launched The Eton Residences Greenbelt in Makati. Ignacio said the project had been sold out two months after launching.

Eton Properties is also set to launch Eton IT Center, an office development to leased primarily to business process outsourcing companies. Two BPO companies have expressed interest in leasing a space in the area.

Construction of the Eton IT Center will begin in the third quarter of the year for completion by December 2008.

i wish they also develop the adjascent lumeta hotel, restoring it's facade and building a skywalk to connect both buildings..

http://www.eton.com.ph/images/terbaypark2.jpg

http://www.eton.com.ph/images/terbaypark.jpg

http://www.eton.com.ph/images/terbaypark2.jpg

http://www.eton.com.ph/images/terbaypark.jpg

ngek.., :(

pero in fairness naman., may pagka terno siya sa katabing luneta hotel.,

http://www.eton.com.ph/images/terbaypark2.jpg



Why oh why are the podium levels so... hmmm how do I describe it... plain?

Just wondering, maybe they have the same designer with Cityland... It's quite disappointing. I mean Luneta and Manila Bay Area is really a good place for Residential building. I'm expeting something iconic.

sana hindi pa yan official.:(

Ge parang SOHO Central sa rendering. OK lang, match sya sa bayview hotel at yung highrise na malapit along t.m. kalaw.

...buti na lang maganda ang view and location
http://www.eton.com.ph/images/baypark.jpg

Oo nga kamukha nya ung high rise sa TM Kalaw wala lang crown itong sa Eton.

http://img233.imageshack.us/img233/8917/etonbayparkmanilaej5.jpg

http://img233.imageshack.us/img233/4110/picture29bh9.gif

---

ETON BAYPARK MANILA units open up to majestic views of Manila Bay and Rizal Park making this residential condominium a cut above the rest. This unrivaled Roxas Boulevard address provides perpetual unobstructed views of the country's famous national park and world-famous Manila Bay. Unique Move-in Ready units come with almost everything you'll ever need from home furnishings to the convenience of wireless internet connections. So functional and so complete that all the units needs is--YOU.

Furniture and Appliances per unit:

-Air conditioning Unit
-Dining Set
-Modular Kitchen Cabinet
-Refrigerator
-Sofa with throw pillows
-Bed Frame with mattress
-Washer/Dryer
-21'' Flat Screen TV
-Home Theater
-Entertainment Cabinet
-Cook Range and Hood
-Microwave
-Accent Chair
-Bedroom Closet

http://img120.imageshack.us/img120/5263/buildingperspectivebl9.jpg

http://img120.imageshack.us/img120/5646/2brunit1dm4.jpg

http://img120.imageshack.us/img120/6605/studio1qt3.jpg

http://img120.imageshack.us/img120/3564/2brunit2jf4.jpg

http://img120.imageshack.us/img120/8246/studio2nw8.jpg

lols, isang paligo lang lamang nyan sa Cityland, designwise hehehe.

2 elevators only?

Para talagang cityland. 2 elevators only per condo building. To think that Eton advertises this project as luxurious.

Robinson's naman not Cityland... based on the renderings wala naman syang trademark na solid concrete balconies and pull out windows. :nuts:

http://img233.imageshack.us/img233/8917/etonbayparkmanilaej5.jpg



my gulay.,, cityland., is that you? :lol:

my gulay.,, cityland., is that you? :lol:

hey...i like the design,minimal i dont like buildings with too much variation..
kahit na ano pang uso ang dumating,ok pa rin siya.even the interiors are nice and classy better than gramercy,the designer is good.

^^ well., i hope the finished product would look better., although the interiors are amazing.

Ah sooooo underwhelming

So again Eton has shown us what they mean by becoming a leader in the Property market.

Sayang, I'm not saying the design is bad but it is very generic. They could and should have made a better building and product on that corner. It's very prominent. Ultimately a mistake I think. This can not be highest and best use of that lot.

They should have just put a high end hotel na lang. Disappointing.

^^ Is it true that this lot was formerly the lot of the Otani Hotel?

^^Yup, still remember it.

Lobby, and Pool area.

http://i23.photobucket.com/albums/b358/thomasian/EBM1.jpg

http://i23.photobucket.com/albums/b358/thomasian/EBM2.jpg

http://i23.photobucket.com/albums/b358/thomasian/EBM3.jpg

The interior renderings of the apartments have a nice color palette.

Under Construction na ba ito? :)

Should be almost sold out na ito , very few units left. What a perfect location kasi.

Para talagang cityland. 2 elevators only per condo building. To think that Eton advertises this project as luxurious.

Ang lupit. Basta sa akin, wala na yatang tatalo sa Cityland sa bad design. Think of living in a condo unit without windows. Cityland lang ang makakaisip niyan.

not bad. looks like an american condo.

A bit off-topic, does anyone know who owns the Luneta Hotel? It's a bit disappointing if this one will be demolished to make way for a generic building, i mean look at the structure, kahit abandoned na e you could still appreciate it's beauty. Sayang matatakpan sya ng ETON baypark.

http://i38.photobucket.com/albums/e103/asbusinos/abandoned-luneta-hotel.jpg

yeah i hope they concert luneta hotel into lofts. it is very beautiful building,

There was some discussion in the Heritage threads that the Luneta Hotel building is currently being renovated and a casino is going in the structure.

Remembering the Past... Enjoying the Present...

http://www.veoh.com/videos/v1434357r2GJpyjE
(Better Quality Video)



Remembering the Past... PART 1. :lol:

pqDW9OJtdwk
Be Proud of the Philippines !!! (http://www.youtube.com/watch?v=pqDW9OJtdwk)

^^


Remembering the Past... PART 2. :lol:

xzuvP3yUpwc
Be Proud of the Philippines !!! (http://www.youtube.com/watch?v=xzuvP3yUpwc)

^^

There was some discussion in the Heritage threads that the Luneta Hotel building is currently being renovated and a casino is going in the structure.

It's a bit too small for a casino isn't it?

Ang pangit naman nitong "Baypark Manila" - too simple, but you know in all honesty if I had money I would buy a unit here:D

^^hehe location location location!

@abusinos, it's currently controled by the Panlilios of Grand Boulevard (old Silahis). Lots of cases this one so I think it will be a long time. I'm not sure if anyone wants to tear it down.
Also it's on the list of national historic landmarks so highly unlikely for it be changed. ONe of our forumers here Ivan henares who is active in the heritage section can answer more on these matters as he's even on the board of Heritage conservation society.

Nag-groundbreaking na pala to

http://i38.photobucket.com/albums/e103/asbusinos/20071108_etonbayparkmanila2.jpg

http://www.eton.com.ph/images/projects/etonbayparkmanila/info.jpg

Groundbreaking Ceremony for Eton Baypark Manila
November 8, 2007

Eton Properties Philippines, Inc. recently held a groundbreaking ceremony for Eton Baypark Manila, a residential project located in Roxas Boulevard corner Kalaw Street. The project offers unique Move-In Ready units with majestic views of Manila Bay and Rizal Park.



http://i38.photobucket.com/albums/e103/asbusinos/20071108_etonbayparkmanila2.jpg

From L-R: Construction Manager Jose Aliling, PRSP Arch. Ronnie Simbulan, Allied EVP Peter Yap, Manila Mayor Alfredo Lim, Eton CEO and Vice-Chairman Harry Tan, Eton President and COO Danilo Ignacio and Basic Holdings Executive John Tan.

Construction in Full Swing
November 29, 2007

Following the groundbreaking ceremony held last November 2007, attended by Manila Mayor Alfredo Lim, construction at Eton Baypark Manila is now in full swing. Photo shows clearing activities on site.

http://www.eton.com.ph/images/constructionupdates/2007112901_etonbayparkmanila_s.jpg

http://www.eton.com.ph/images/constructionupdates/2007112902_etonbayparkmanila_s.jpg

Eton Properties is fully committed to bring the same dedication to quality, attention t detail and fine craftsmanship that has made its counterpart, Eton Properties Limited in Hongkong and China, world-classs real estate developers.

Notice that the latest rendering is way better than the previous one. :okay:

It's definitely way much better...but its still "box-ish" to me.

01.04.08

http://i5.photobucket.com/albums/y195/aaron_ofngol/100B0450x.jpg

so it would be beside luneta hotel?

Yup. So the architecture better be something that complements it, instead of clashing with it, especially on the podium part.

but from the rendering, it looks like they won't match..

considering the prominence of the location i would have prefered a more iconic design, this is ok , competent but on it's own would be forgetable.

http://www.eton.com.ph/images/projects/etonbayparkmanila/info.jpg


It looks better now! :)

OT: Eton Projects in China

DALIAN | Dalian Eton Center | 384m | 1260ft | 81 fl (http://www.skyscrapercity.com/showthread.php?p=16932638#post16932638)

Update, by mingxi
http://i233.photobucket.com/albums/ee183/183303073/res03_attpic_brief.jpg

More renders
http://i140.photobucket.com/albums/r5/z0rgg/other/20071126100009309.gif

http://i140.photobucket.com/albums/r5/z0rgg/other/20071126094025701.gif

http://i140.photobucket.com/albums/r5/z0rgg/other/20071126094025563.gif

http://i140.photobucket.com/albums/r5/z0rgg/other/20071126094024229.gif

http://i140.photobucket.com/albums/r5/z0rgg/other/20071126094025945.gif
Website:
http://www.dalian.cc/dlzx/home.htm


The Eton Hotel Shanghai
http://www.asiarooms.com/hotelImages/China/Shanghai/The_Eton/intro.jpeg

http://www.etonsh.com.cn/images/main/etonplace.jpg
Other Projects
http://www.etonsh.com.cn/images/inchina/dl/1.jpg

http://www.etonsh.com.cn/images/inchina/dl/2.jpg

http://www.etonsh.com.cn/images/inchina/hk/1.jpg

http://www.etonsh.com.cn/images/inchina/bj/1.jpg

http://www.etonsh.com.cn/images/inchina/bj/2.jpg

Hope we get this type of Eton projects here in the Phil.

i really hope so.

^ Napakagandang Project naman niyan sa China. Bakit hindi naisip ni Lucio Tan na magpatayo niyan dito? ugh

The newly improved Eton Baypark Manila, now 29 storeys high (thread title updated from former 23 to 29 floors now).

http://www.etonbayparkmanila.com

http://www.etonbayparkmanila.com/images/index/ads.jpg

http://www.eton.com.ph/constructionupdates_20080521_etonbayparkmanila.htm

May 21, 2008

View along Kalaw Street corner R. Alhambra:
http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2008052101.jpg

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

View along Roxas Boulevard corner Kalaw Street:
http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2008052102.jpg

^^^parang ngayon lang ako nakakita ng project na hinuhukay na napakaraming nakaharang na pipes. ano iyong mga pipes na iyon?

I'm not sure, you'd need faux ph or one of the structural engineers here to comment properly.

My guess is that because of the poor soil structure , as this is close to the water and may even be reclaimed land ,Normal tie back which hold the surrounding wall of soil in dug up excavations may not be very effective and the need these to support the sides to prevent collapsing formations . My guess.

^^ Same guess here. We don't want another APR or TRAG incident happening on this one.

^^
i prefer the initial design,the last one is too bulky

i like the top design of the second one, the first is too generic..

^^ Looks like Eton has this penchant for changing designs. So far, the changes are for the better, imho.

^^ At least the changes are design "upgrades".

^^ At least the changes are design "upgrades".

And if you place the renderings of Eton Baypark and Eton Greenbelt Residences side-by-side, you'll notice a similar design/architectural signature. Am I right?

^^ Oo nga ano. I guess they heard the clamor for more modern designs.

Pansin ko with the fresher designs of this one and Greenbelt res, nagmukha tuloy anak sa labas ng Eton ang Eton Parkview. :D

^^ Oo nga ano. I guess they heard the clamor for more modern designs.

Pansin ko with the fresher designs of this one and Greenbelt res, nagmukha tuloy anak sa labas ng Eton ang Eton Parkview. :D


Yup, Eton Parkview looks different from Eton Baypark and EGR. So will its design be changed too? Well, your guess is as good as mine.

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

http://www.bworldonline.com/BW061908/content.php?id=045

Eton hikes condo rates

BusinessWorld
June 19, 2008

LUCIO TAN-led Eton Properties Philippines has increased residential condominium prices across the board.

Danilo E. Lim, president and chief operating officer of Eton, told reporters yesterday the 5% increase imposed starting on June 2 was meant to cover rising construction costs.

"This is the first time we did an across-the-board price increase. Before, we only had periodic price increases," Mr. Lim said. "I understand that most of our [competitors] have likewise done the same thing."

He said the increase was meant to cover rising cement and steel prices, as well as the peso’s continued depreciation against the dollar. Steel has doubled to P66 per kilo this year from a year ago, he pointed out.
Construction costs have also gone up by 20%, which translates to a 10% increase in the selling price of the buildings.

"Despite the price increase, we still have strong sales," Mr. Lim said.

Yesterday, Eton opened the model units of its 34-story Eton Parkview Greenbelt, half of which has been sold.

^^^parang ngayon lang ako nakakita ng project na hinuhukay na napakaraming nakaharang na pipes. ano iyong mga pipes na iyon?

Guys parang daanan ng mga dumi papuntang posonegro yan ahh :bash: galing ng luneta. :lol:

^^lol para po pang suporta sa sides ng hinuhukay ung mga tubo...

^^lol para po pang suporta sa sides ng hinuhukay ung mga tubo...

Yup. Research has led me to this:

"Coastal areas along Manila Bay and the Pasig River delta sit on soft sediment instead of more stable volcanic rock."

From: http://emi.pdc.org/cities/CP-Metro-Manila-08-05.pdf

may remaining units pa ang baypark if you want i can present it you. even though my price increase na ang units it's still a good(low) price for a prime location.

mas maganda ang projeect ng etons sa china kesa rito dapat mag ka halintulad din yung design!

^^ baka kasi hindi natin afford yung ganun tipong projects..

mas maganda ang projeect ng etons sa china kesa rito dapat mag ka halintulad din yung design!

any pics of those projects?

^^ Is it true that this lot was formerly the lot of the Otani Hotel?

Yes, As I was told by my parents, Sa Otani ang reception ng histening ko kaya medyo familiar ako..hehehe

Is it true that Eton is having trouble with some of their projects? Im not sure which one. but there will one project that will not continue anymore? correct me if I'm wrong..

baka di naman... di ba sabi, nag-imbak na sila ng materyales bago pa nagtaasan ang presyo? :ohno:

Yes, As I was told by my parents, Sa Otani ang reception ng histening ko kaya medyo familiar ako..hehehe

Question: ano ba ang ginagawa sa histening? lol!! :jk:

Kung chismis about eton better do it in the rumour thread. If you have a source better to paste it here as well. That way hindi hearsay or worse ang question mo.

anyway, merun ba kayong pic ng otani hotel, i remeber, kasing ganda nya ang luneta hotel eh

http://eton.com.ph/constructionupdates/etonbayparkmanila.htm

Construction Updates
December 10, 2008

Second Layer Propping

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2008121001.jpg

Along Roxas Blvd. cor. Kalaw St.

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2008121002.jpg

boy that thing is a real mess, construction wise

why is that? is it bcoz the soil out there is soft they need to brace it?

this will dwarf the Luneta Hotel, it will totally obstruct its Manila Bay view.

why is that? is it bcoz the soil out there is soft they need to brace it?

yup. this area is basically reclaimed, roxas boulevard is where the beachfront was so it's like building on a beach!

ok

Please define Real mess !!! As in muddy? As in too much water?? As in hard to build ? As in the contractor is not doing a good job ? I would be interested to know your view on this project . As an investor in this project it does seem to be taking a long time to put the foundation down and as I see it, there have been many projects along Roxas Blvd. with a greater height then this one. I see the U. S. Embassy is also doing some massive building and they are certainly closer to the water then this project.

Eton has many projects going so I think they will try to make this one an on time project. I am told delivery is Dec. 2010 .

I do appreciate the constant updates with photos that ETON has done on all their projects. Unlike many other developers they certainly keep you updated...

Yes I agree that Eton (unlike nearly all the rest) deserves credit for keeping their Construction Updates updated regularly. :applause:

^^ though medyo mababa sales ng eton daw ngayon.. they average only 4 units per month.. a tad low compared to the others...

Eton not slowing down on current development projects (http://www.philstar.com/Article.aspx?ArticleId=425885&publicationSubCategoryId=66)
By Zinnia B. Dela Peña
December 22, 2008 12:00 AM
Philstar.com (http://www.philstar.com/Article.aspx?ArticleId=425885&publicationSubCategoryId=66)

Eton Properties Philippines Inc., the real estate development arm of the Lucio Tan Group of Companies, will go full blast on the construction of its existing projects as it temporarily defers the launch of new ones given a sluggish world economy.

Eton president Danilo Ignacio said the company remains committed to turn over to the buyers all projects on their promised delivery dates as it concentrates on the completion of 17 projects it has launched or announced to the public.

Ignacio said the company is looking to build more projects catering to the middle-income sector to take advantage of the huge demand coming from the middle class. In the pipeline is a middle-income housing project in Eton City, a master-planned satellite city that will rise in a sprawling 1,000-hectare property in Sta. Rosa, Laguna.

Eton City will feature high-end residential enclaves, a world-class business district, a champion golf course and first class leisure, entertainment and shopping hubs and a 35-hectare man-made lake,

Ignacio, however, said the company might introduce new projects as opportunities arise. Eton is looking at the possibility of developing a middle-rise building at the former site of Sta. Clara Church along Katipunan Ave.

Projects expected to be completed next year include an office building catering to the business process outsourcing sector, a hypermart and a commercial center, all located in Centris on Quezon Ave. A retail structure will also be launched in February next year in Corinthians and Archers Place.

Ignacio said he is optimistic that the company can sell its inventory in spite of the financial turmoil.

Given the economic slowdown, Eton will cut back on overhead costs and expenses, Ignacio said.

Eton earlier raised prices by five percent to cover escalating cost of construction.

Other projects of the company are Eton Residences Greenbelt, Eton Baypark Manila, Emerald Lofts, Eton Parkview Greenbelt.

Residences Greenbelt is a premium residential condominium located in the heart of the Makati Central Business District and right in front of the posh Greenbelt complex. Dubbed “the first all-loft luxury condominium in Makati,” this 39-story building will rise on the current site of the Philippine Airlines head office.

Baypark Manila, is a 29-story luxury residential condominium. It will rise on a 744-square meter lot at the corner of Roxas Boulevard and Kalaw St. in Manila while Emerald Lofts is a two-tower, mid-income residential high-rise located in a 3,422 square meter property in Ortigas, featuring loft-style homes coupled with a retail component.

The 33-story Eton Parkview Greenbelt will offer a total of 230 units at prices starting from P3.6 million. Development of the project is slated in January 2009 and is expected to be turned over to buyers in December 2011.

Since it transformed from a holding company to a property development firm last year, Eton Philippines has launched 10 major projects, which include Belton Place, One Archers Place, Eton Cyberpod Corinthian, Eton Centris, North Belton Communities, and South Lake Village.

http://eton.com.ph/constructionupdates/etonbayparkmanila.htm

Construction Updates
December 17, 2008

2nd Layer of Proppings with Exposed Bored Piles

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2008121701.jpg

Chipping of Bored Piles

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2008121702.jpg

Chipping of Bored Piles for Pile Extension

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2008121703.jpg

CEOs brace for rocky 2009 (http://eton.com.ph/news/20090104.htm)
by Ronnel Domingo, Elizabeth Sanchez-Lacson, Riza T. Olchondra, Michelle Remo
Philippine Daily Inquirer | January 4, 2009

MANILA, Philippines—The late Frank Sinatra would not call 2008 a very good year. Far from it.

Most, especially those who lost their jobs or saw their fortunes wiped out, would want to wake up tomorrow thinking that it had never happened. But it did. And as this year comes to a close, people are fervently hoping that 2009 would be better or at least not as bad as 2008.

The Philippines, fortunately, has not been as hard hit as other economies like the United States and Japan but most economists and policymakers feel that the full brunt of the global financial crisis will hurt the country in 2009.

How will companies cope?

The Philippine Daily Inquirer asked a number of CEOs and top executives this question and their varied answers give an idea of what’s in store next year.

Danilo Ignacio
President
Eton Properties Philippines Inc.

“2009 will be a difficult year and there is a lot of uncertainty. We don’t know to what extent the global economic crisis will affect the Philippines. Right now there is a lot of wait and see. The way I see it, there is a battle of fundamentals and emotion. I think the Philippine economy is still solid on fundamentals. The country is well positioned to handle this crisis because it learned from the 1997 Asian Financial crisis. I don’t think the Philippines will suffer the same as what is being suffered by other countries. Our banks are disciplined so we won’t have the same problems banks are having in the US.

“But on the other side, the Philippines can’t be isolated. That is where potential difficulties may arise. To what extent, we don’t know.

“For 2009, we will be very cautious. We will approach 2009 with cautious optimism and there will be continued opportunities even during a crisis. I don’t think there will be a recession in the Philippines. All projections point to some growth. There might be an economic slowdown but not a recession. In the case of Eton, we are fortunate that we are debt-free and we have an extensive landbank.

“If you look at what happened in 1997, most of the real-estate developers that had problems in 1997, are the developers who borrowed money, used that money to buy land and because of the crisis could not launch projects and could not pay back their loans. So the banks foreclosed these properties. Some of them ended up as part of the landbank of Eton through our sister banks (PNB and Allied Bank).

“In the case of us, we are debt-free and we don’t use any cash to buy land. That allows us to launch a project if and when opportunities arises. We have several projects in the pipeline that is push-button ready for launch if there is an opportunity.

“I think in 2009, the focus will be on our existing customer so that means we will finish all our projects.”

Tan firms ink property development deal (http://eton.com.ph/news/20090108_businessmirror.htm)
by Honey Madrilcjos Reyes
Business Mirror | January 8, 2009

Two Lucio Tan controlled companies Allied Banking Corp. and Eton Properties Philippines Inc. (EPPI), have formalized their joint venture agreement for the development of two properties in Manila and Makati into residential areas.

The Manila development will house the Eton Baypark Manila a single tower residential project at the corner of Roxas Boulevard and Kalaw Street. Construction of the 25-story condominium last year while turnover is set in 2010.

"Since the project was launched in 2007, we have been getting a lot of interest from the Chinese community as well as from businessmen and entrepreneurs," said EPPI president Danilo Ignacio. A unit at Eton Baypark ranges between P2.5 million and P8 million.

The Makati property, with an area of 890 square meters, will feature the Eton Parkview Greenbelt. Situated on Gamboa and Soria streets in Legaspi Village the project will consist of 230 units each priced at over P3 million. The units are ready for delivery by December 2011.

"Just like Eton Baypark Eton, Parkview is substantially sold out," said Ignacio.

EPPI specializes in high end and mid income luxury residences information technology and business process outsourcing office (BPO) developments and township projects.

Earlier, it said it may delay the launch of new developments because of the impact ofthe global financial crisis but remains committed to deliver projects on their targeted dates.

Ignacio said what will keep them busy this year is the simultaneous construction of the 17 projects it launched. Among these undertakings are the Eton Residences Greenbelt, Eton Cyberpod Corinthian in Ortigas, The Eton City in Laguna, Eton Emerald in Ortigas, Eton Cyberpod Centris and the North Belton Communities in Novaliches, Quezon City.

"We are committed to deliver the projects on their promised delivery dates The next project we hope to launch by early this year is a mid in come housing project in Eton City," he said.

The company is also considering the transformation of its 2 hectare property in Katipunan Avenue, Quezon City into a mixed use development. "Our priority right now is to finish all the projects and sell our inventories," Ignacio said. Despite the crisis he believes the real-estate market will continue to grow—although at a slower pace than 2007.

"Residential housing continues to be a growth driver for real estate given that there is a housing backlog of an estimated three million units. The BPO industry is expected to remain a growth sector as US firms may most probably increase its out sourcing activities to be more cost efficient.

http://eton.com.ph/constructionupdates/etonbayparkmanila.htm

Construction Updates
January 14, 2009

Pile Cap 17
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009011401.jpg

Pile Cap 17
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009011402.jpg

Diaphragm Wall 1st and 2nd Layer Proppings
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009011403.jpg

Diaphragm Wall 1st and 2nd Layer Proppings
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009011404.jpg

http://eton.com.ph/constructionupdates/etonbayparkmanila.htm

Construction Updates
January 29, 2009

Installation of steel bars to support concrete
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009012901.jpg

Installation of steel bars to support concrete
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009012901.jpg

^^ Eton really makes it a point to update their website on their numerous projects.

if i had the money, i would renovate and retrofit the luneta hotel....it's such a treasure!!! i hope they don't tear it down (i hope they hadn't already).....

and i hope eton baypark manila will be as grand!! it better be!

ok

^^Yeap I passed by this Old Luneta Hotel and they already covered the exterior with green net for safety. They are already working on the exterior of the hotel.

i hope thier next target is the bldgs in binondo. i saw that they're painting th e prudential bank in binondo. the paint is yellow! the fountaing in front of the church in binondo is coloured yellow! with those pesky tanduay lampost!

i hope thier next target is the bldgs in binondo. i saw that they're painting th e prudential bank in binondo. the paint is yellow! the fountaing in front of the church in binondo is coloured yellow! with those pesky tanduay lampost!

really post mo naman pics kasi huli kong nakita yun nanlilimahid sya sobra:banana::banana::banana::banana:

Well I am happy to report as of this month Feb. 2009 there was a license issued for the renovation of the LUNETA. Yes: thats correct. A license and permit was issued to start renovation to restore this site.

I was there today Feb 22 2009, and witnessed heavy interior demolition work taking place. They were in the process of tearing down (interior only ) and after speaking to the local Barangay rep. on site I was informed that it will be restored to a Hotel. He went on to tell me that his understanding was, Imelda Marcos is the present owner and that it was returned to the Marcos family recently in some sort of settlement. The guard on site informed me that G.O Enterprise is the company who will undertake the project. The sign on the front shows all the permit and license certs. and they have a local address and phone number to call for information.

I did look inside and seen serious work taking place today (sunday) and was thrilled as this will surely increase the value of ETON BAYPARK. The fact that this historical site will be renovated is great. The building will retain its exterior design and beautiful sight. I can only imagine what it will look like when completed.

I also see other buildings in that area start to take shape and many business are upgrading in that area.

I am especially happy for my investment with Eton BayPark as I understand the value has increased by 17 % in my situation. I often go to Rizal Park and see that in the last year that area has truly become a renovated blessing.

I also went on site of Bay Park and see that steel bars for the structure are rising above the ground level and its just a matter of a short time before the ground floor will be poured and complete.
Hope this is good news for other investors as I certainly feel that of all my investments here in the Philippines, this one has kept me excited.

ay salamat sa dios! he he, i hope they make it a very detailed inside job, and not a fast tracked renovation (demanding, no? :) )

the bracing are for the shoring... para lupa dun sa site at hindi gumuho mlambot ang lupa. yung mga circular concrete n lumalabas sa lupa at piles yun support para sa main foundation. anyways, wala ako masyado experience by the book palang ako.. paki correct n lng kung mali.

http://eton.com.ph/constructionupdates/etonbayparkmanila.htm

Construction Updates
April 16, 2009

Preparation for concreting on the 2nd Floor
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009041601.jpg

Installed Reinforcement Bars and Electrical Conduits
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009041602.jpg

Installation of Reinforcement Bars on Shearwall at 3rd Floor
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009041603.jpg

Installation of Reinforcement Bars on Column at lower 3rd Floor
http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009041604.jpg

eton baypark manila construction updates (http://www.eton.com.ph/constructionupdates/etonbayparkmanila.htm)
19 may, 2009

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009051901.jpg
View along Roxas Boulevard corner Kalaw Street

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009051902.jpg
Preparation for concreting on the 5th Floor

great! the Luneta Hotel is being given a new lease on life. sana magkaroon ng cofeeshop/ bookshop sa first floor like Figaro. since si Imelda naman ang may-ari, i hope one can find an imeldific touch sa interiors.

http://www.realestatephilippinesblog.com/eton-baypark-amenities.jpg

FURNITURE & APPLIANCES PER UNIT

2-BR UNITS ONLY

* Sony DVD Home Theatre System *
* Whirlpool Microwave *
* Samsung 26″ LCD TV *
* GE refrigerator (12 cuft.) *
* La Germania Cook Range and Hood) *
* Panasonic Washer / Dryer *
* Samsung Window Type Aircon Unit (3) *
* Accent chair
* Bed w/ bed sheets and pillows (2)
* Curtains
* Dining set
* Entertainment cabinet
* Mirror
* Painting
* Pendant drop light
* Sofa w/ throw pillows


STUDIO UNITS ONLY

* Sony 21″ Flat TV *
* Sony DVD Home Theatre System *
* Samsung Air-conditioning Unit *
* GE Refrigerator *
* Whirlpool Microwave *
* La Germania Cook Range *
* Panasonic Washer / Dryer *
* Dining set
* Daybed
* Curtains
* Painting
* Pendant drop light
* Mirror

*Taken from http://www.realestatephilippinesblog.com/roxas-boulevard-condominium-eton-baypark-manila/

eton baypark manila construction updates (http://www.eton.com.ph/constructionupdates/etonbayparkmanila.htm)
02 jun 09

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009060201.jpg
View along Roxas Boulevard corner Kalaw Street

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009060202.jpg
Preparation for concreting on the 8th Floor

I have a Rush studio unit for Sale here at Eton Baypark Manila

http://img34.imageshack.us/img34/4006/etonbayparkmanilafloorp.gif

Squared above, the studio unit is for PHP 4.7 M, bundled with a 9,800-sqm agricultural land in San Isidro, Nueva Ecija. The price and package is still negotiable. Cash and terms. PM me for details.

weird combination

what do you mean by weird combination exactly?

http://www.eton.com.ph/constructionupdates/etonbayparkmanila.htm

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009061802.jpg

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009061801.jpg

Hypothetical question: Supposing that I bought into this project because I was attracted by the building's proposed design. And then Eton decides to upgrade and revise the architecture, which they have done so for this development. Would I be able to get a refund then if didn't like how they redesigned the project and how it has turned out in its present incarnation? I was, after all, enticed to get a unit because I happed to like the original renderings that were presented to me.

ok

NO and NO WAY and absolutely NOT !!!!

Oh ok. Thank you very much for your kind response :)

Eton Baypark Manila (http://www.eton.com.ph/constructionupdates/etonbayparkmanila.htm)
Aug. 12, '09 Construction Updates

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009081201.jpg
View along Roxas Boulevard corner Kalaw Street

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009081202.jpg
Preparation for concreting on the 12th Floor

Construction Updates as of Sept 17 2009

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009091701.jpg

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009091702.jpg

Construction Updates as of Oct 29 2009

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009102901.jpg

http://eton.com.ph/images/constructionupdates/etonbayparkmanila/2009102902.jpg

Can somebody tell me if there are still available studio units and how much?

so far there are no more studio units left in Eton Baypark. Would you like me to PM you in case there's a reopened studio there?

Prices there for a studio are from 3.4M up... 34 sqm. That's about P100k per sqm, Fully Furnished already complete to the bedsheets

so far there are no more studio units left in Eton Baypark. Would you like me to PM you in case there's a reopened studio there?

Prices there for a studio are from 3.4M up... 34 sqm. That's about P100k per sqm, Fully Furnished already complete to the bedsheets

The amount is a bit over my budget but let me try with it's payment scheme...ok PM me if there are re-opened studio units and I will review it.tnx

As of today there are no signs of a reopened studio unit in Baypark. Only the penthouse is available... will just PM in case meron, although it seems bleak at this point in time

Here are Construction Updates of Eton Baypark Manila as of Dec. 22 2009:

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009122201.jpg
http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009122202.jpg

Here are Construction Updates of Eton Baypark Manila as of Dec. 22 2009:

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009122201.jpg
http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2009122202.jpg

Nice shot! Di' ko nakilala agad, akala ko mississauga city dito sa canada hehe... ang linis kasi tignan, maganda talaga kung walang jeepneys na nakikita, moderno ang scene.... :cheers:

As of Feb 4, 2010
http://farm5.static.flickr.com/4058/4331818566_b25f255efa_b.jpg
by dennis_raymondm43 (http://www.flickr.com/photos/dennis_raymondm43/)

From ETON website

http://www.eton.com.ph/images/constructionupdates/etonbayparkmanila/2010090701.jpg
September 7, 2010 - View along Roxas Boulevard corner Kalaw Street, ongoing installation works on interior partition and other finishing works.

http://www.skyscrapercity.com/showthread.php?p=71585263#post71585263

Nice shot! Di' ko nakilala agad, akala ko mississauga city dito sa canada hehe... ang linis kasi tignan, maganda talaga kung walang jeepneys na nakikita, moderno ang scene.... :cheers:

okay lang siguro ang mga jeep basta hindi kulay black ang usok na nilalabas, saka mga jeep na magagandang tingnan hindi yung matetetano pa damit mo pag-sumakay ka saka mga jeep na disiplinado ang tsuper. :)

sayang they could have made it much taller....pero much better siguro for the residences na 25 floors lang sya

nice addition to the roxas blvd skyline

How this condo turned out? I beleive turnover is done or almost done, are the owners happy?

How this condo turned out? I beleive turnover is done or almost done, are the owners happy?


The building interior and furnishing are well worth what I invested. It was turned over when they told me they would. It has the look of a 4 star hotel inside and the staff are very helpful. The views of course are "truly majestic" as advertised.

The problem they are having is with the size of the air conditioner. It seems more then 60 unit owners are not happy. The afternoon sun is taking a toll on the cooling capacity. They have no way to install a larger unit due to wiring and space of hole in the wall.

I have been told they will install Window Tinting to help with the heat transfer. Like anything here in the Philippines it seems getting that authorized is a big deal. Mr Ignacio I am told is a micro manager and needs to approve everything.

The units are mostly purchased as vacation places as I find the building empty on a day to day basis.

I have no complaints with this outcome and if ETON can deliver the same to other projects then they may be regarded as reliable. I would purchase another unit from this company based on my experience and delivered unit at Bay Park. Will have to wait and see about other project delivery !

Again, WELL WELL worth the money I invested ! I would rate the building and location a 9.5 out of 10 .

Michael,

Great news and thanks for the update. I almost get one unit here but ended up getting eton greenbelt residence, i am more comfortable now as our turn over is less than 6 months

If yu dont mind i want to pm you to talk in pivate to get info/tips/lessons learned during and after turn over

Hi Michael & Pinoy_E90, would you mind sharing tips during turnover? Eton Emerald Loft investor here :) Dec 2011 yung sched namin eh...thanks! ^^


Michael,

Great news and thanks for the update. I almost get one unit here but ended up getting eton greenbelt residence, i am more comfortable now as our turn over is less than 6 months

If yu dont mind i want to pm you to talk in pivate to get info/tips/lessons learned during and after turn over

Broas,

Sorry but eton residence greenbelt was delayed, the tunover now is jan 2012. My unit is at 32 nd floor, i think it will be arounf march. Did you get your letter about turnover or inspection date?

I see...i'm also expecting feb to march 2012 turnover for emerald loft since most of the time, konti lang yung developer na on time ang delivery..thanks Pinoy_E90 :)