PART 2 of 2: Crisis not slowing Ongpin’s buying (http://http://business.inquirer.net/money/topstories/view/20081014-166271/Crisis-not-slowing-Ongpins-buying)
By Daxim Lucas
Philippine Daily Inquirer
10/14/2008

Few people doubt the business acumen of Roberto V. Ongpin.

There are also a few who doubt that the expansion of his business empire—worth at least P60 billion in owned stock, plus control over market capitalization of a similar value—would be impossible without two elements.

The first is his alliance with UK-based emerging markets investment fund Ashmore Group. Through its arm that invests in so-called “special situations,” the firm has lent Ongpin the leveraging power of its $37.5-billion asset base. Ashmore, simply put, has been instrumental in all of the group’s deals and acquisitions.

A person familiar with the symbiotic relationship between Ongpin and Ashmore describes it this way: The former provides strategic vision, while the latter provides the cash to execute transactions.

It is here where the second critical element in Ongpin’s empire comes into play: The man responsible for merging the former Marcos trade minister’s vision with Ashmore’s financial muscle is former undersecretary of finance Eric O. Recto, Ongpin’s nephew.

Since leaving government service in 2005, Recto has overseen every single deal executed by the growing empire. While he nominally serves as vice chairman of the group, Recto functions more like a hyper-charged CEO who also oversees operations of firms where they are invested.

Under Recto, the group acquired a razor-thin majority in Petron Corp., trumping the bid of cash-rich Gokongwei group. People familiar with the deal told the Inquirer that the Ongpin-Ashmore alliance learned “very early on” and “way ahead of even the government” that Saudi Aramco was selling out of the company. This knowledge helped it prepare a superior bid and lay down a robust takeover plan that went beyond simply having the financial resources.

This nose for deals, combined with sheer bravado, also helped the group acquire what is now the Alphaland Southgate tower from the Puyat family for P1.3 billion earlier this year. Alphaland is spending an additional P1.2 billion to turn the 25-year-old structure into a business process outsourcing center and shopping mall.

The firm also bought a lot on Ayala Avenue in Makati City where it will build the “Ashmore Ayala Tower.” It entered into an agreement with the Boy Scouts of the Philippines to develop the Sime Darby property, also on Ayala, into a mixed-use development.

By next year, Alphaland will launch a 32-hectare project on the Manila Bay reclamation site (between SM Mall of Asia and Pagcor City) called the Alphaland Bay City, which will include a hotel in the middle of a marina, inspired by Dubai’s world-famous Burj Al Arab hotel.

The group has also entered the natural resource sector, with its drive to accumulate shares in Philex Mining Corp. Its accumulated 20-percent stake in the country’s largest mining firm was sold last week to Hong Kong-based First Pacific Co. led by Manuel V. Pangilinan—a strategic investor which can infuse the additional capital necessary to raise Philex’s gold and copper output.

With success comes the inevitable murmuring on the group’s ties. It deals closely with Pangilinan, who also chairs Philippine Long Distance Telephone Co., while speculation is also rife about its alleged ties with First Gentleman Jose Miguel Arroyo.

“They’re not hypocrites,” one business partner said of the Ongpin group’s methods. “They operate under an overriding business ethic, but they know how to work the local system, too.”

More importantly, however, the Ongpin group is unfazed by the ongoing global economic crisis and is taking the opportunity to expand its empire further, especially in the property, information technology and natural resource sectors.

In fact, it is likely to emerge even bigger once the dust settles in a few months.

32 hectare project? It's huge, closer with Pagcor's 40 ha. project

woah! another big one. why not join forces with pagcor's mbt(manila bay tourism) city? anyways, proceed with the project!:)

Ibang klase! :banana: :banana: :banana: The next big thing!

what is alpha land track record?

Looking forward to this one

really great news... ongpin with ashmore group's backing, it seems that there is no global economic crisis going on.. i do hope this project pushes through.. more jobs for the filipino people..

iba pa ba to sa west marina bay?

^^iba pa ata to.

:applause:all these mixed-use developments will surely give more jobs to more pinoys. i hope they all push through, especially those townships in the bay area!

^^kaya pabalikin n dto sa pinas lahat ng filipino construction workers sa dubai, at cmulan na tong mga projects sa manila bay! hehe

^^ Mas lalo nanamang magiging SOSYAL ang Manila Bay in a span of 5-10 years!

Ituloy ang SOSYAL na pagrereclaim ng lupa ng tulad sa Dubai! :lol: :jk:

Cool! Another Project. New Jobs for sure in that area. :)

Anyone know the latest on this proposed development....TIA

wala pa ding updates dito pati na rin sa West Marina Bay. wala pa ring rendering yung Pagcor City. mukhang naghihintayan sila. sana sabay-sabay silang maglabas para masaya. at sana before christmAs!:banana:

sana linisin ang manila bay para pwedeng pagliguan ng mga tao. additional tourism din yun.

well.. marami namang currently na naliligo pa sa Manila Bay.. just go to the breakwater area or near the Baywalk...

wala pa ding updates dito pati na rin sa West Marina Bay. wala pa ring rendering yung Pagcor City. mukhang naghihintayan sila. sana sabay-sabay silang maglabas para masaya. at sana before christmAs!:banana:

Ang alam ko sabay sabay na ang construction nitong mga proyektong ito... Ang balita ko sa WESMA Bay 1st quarter of 2009 daw.:banana:

well.. marami namang currently na naliligo pa sa Manila Bay.. just go to the breakwater area or near the Baywalk...

i mean pwedeng paliguan ng mga normal na tao not only by urban poor:bash: wag magalit sa post ko.:lol:

Ang alam ko sabay sabay na ang construction nitong mga proyektong ito... Ang balita ko sa WESMA Bay 1st quarter of 2009 daw.:banana:

could you give us clear details about westmarina bay? the developer?

uy.. may normal na mga urban people na naliligo dun.. swear... though walang mga taga-alta de sociedad...

^^ Eww...... Manila Bay di pa masyadong malinis.....

uy.. may normal na mga urban people na naliligo dun.. swear... though walang mga taga-alta de sociedad...

Kuya Paul normal ka rin naman diba? Try mo ngang maligo dun! :D

^^kaya pabalikin n dto sa pinas lahat ng filipino construction workers sa dubai, at cmulan na tong mga projects sa manila bay! hehe

Hayaan na natin ang mga construction workers na kasalukuyang nasa Pinas ang gumawa niyan. Trabaho din iyon para sa kanila.

I wish dumating yung panahon, na tayo naman ang mag import ng mga foreign workers (either blue collar or white collar jobs).

If we are to base it on the magnificent work currently being done on the Alphaland Southgate Tower, Ashmore's Alphaland Bay City promises to be another ultra high end development.

From the looks of things, we now have a serious rival to the Ayalas and the Shangrilas in terms of ultra high end development companies. Alphaland is the next big thing in real estate development.

and i hope they will focus muna on Alphaland Bay City. very prime location considering its proximity to MOA and Pagcor City. sana they will release soon their rendering o kahit ideas muna on what they are going to build.

Kuya Paul normal ka rin naman diba? Try mo ngang maligo dun! :D

hahah... allergic ako sa dagat!... :lol:

Alphaland allots P1.4B for redevelopment of Southgate tower (http://www.philstar.com/Article.aspx?ArticleId=427642&publicationSubCategoryId=66)
By Zinnia B. Dela Peña December 29, 2008 12:00 AM
Philstar.com (http://www.philstar.com/Article.aspx?ArticleId=427642&publicationSubCategoryId=66)

Alphaland Corp., chaired by former trade and industry czar Roberto V. Ongpin, is allotting P1.2 billion to P1.4 billion for the redevelopment of the 25-year Southgate tower into a retail and business process outsourcing complex.

Petron president and former finance undersecretary Eric Recto said Southgate tower, which Alphaland acquired from the Puyat family for P1.2 billion earlier this year, will offer 40,000 square meters of office space and 20,000 square meters of retail space.

Recto said the shopping mall is expected to be completed in April 2009.

The structure is located beside Dasmarinas Village on the corner of Epifanio de los Santos Avenue and Chino Roces Ave.

Alphaland is also set to launch next year Alphaland Bay City which will comprise of a marina and a hotel. The project will be situated on a 32-hectare property along Manila Bay on Roxas Boulevard.

The company recently acquired two parcels of land covering 1,200 square meters each along Ayala Avenue from Sta. Lucia Land Inc. for P820 million which the group intends to build the Ashmore Ayala Tower. The lots, beside Prudential Bank Building, were the former site of the unfinished Associated Bank building.

Aside from this, Alphaland will develop a mixed-use complex also on Ayala Avenue in pursuant to an agreement it signed with the Boy Scouts of the Philippines.

Alphaland, which is controlled by British fund manager Ashmore Group, recently raised its authorized capital stock to P1 billion from a meager P10,000 to fund its real estate development projects.

Ashmore has been a long-time investor in the Philippines with holdings in telecommunications (ISM Communications), oil exploration (Philex Petroleum Corp.), and water (Maynilad)

Ashmore was started in 1992 as part of the Australia and New Zealand Banking Group. In 1999, Ashmore became independent. As of September 2008, Ashmore had $32 billion in pooled funds, segregated accounts and structured products.

Alphaland allots P1.4B for redevelopment of Southgate tower (http://www.philstar.com/Article.aspx?ArticleId=427642&publicationSubCategoryId=66)
By Zinnia B. Dela Peña December 29, 2008 12:00 AM
Philstar.com (http://www.philstar.com/Article.aspx?ArticleId=427642&publicationSubCategoryId=66)

Alphaland is also set to launch next year Alphaland Bay City which will comprise of a marina and a hotel. The project will be situated on a 32-hectare property along Manila Bay on Roxas Boulevard.
.

^^ A 32 hectare property development is really huge!!! This will even rival PAGCOR city which has a 40 hectare development. And basing it on the Ayala Southgate tower development where glass claddings are being put even on the sides of the building, Alphaland seems to be a developer which will not compromise quality and aesthetics even if it will mean additional costs.

Can't wait for the rendering since they will launch it already by next year.

no news yet? di ba this year daw ang launch?

any update on this project?

haha we've been waiting for this launch for 9 months now x)

Alphaland Bay City

It is a Commercial and Residential complex that will have state-of-the-art community-based intelligence, 100% telecommuting, unmatched bay views and eco-friendly self sufficiency. It will support all the requirements to grow businesses, to achieve personal life-enrichment and to provide family comfort.

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline. With 32 hectares along Manila Bay, Alphaland Bay City is not only the largest single development of its kind in Manila, but the only one.

A world class marina and yacht club will be Alphaland Bay City’s centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

The vision for Alphaland Bay City is a highly efficient place to work, play and live that is part of the inner city but not in it. The entire property will have wide green parks, all leading to the magnificent natural vista of the bay.

Masterplanned by globally renowned urban planners, Hellmuth, Obata and Kassabaum (HOK).

Construction begins 2012
Completion slated for 2015

http://i1015.photobucket.com/albums/af278/dxb_01/photo-01b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-02b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-03b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-04b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-05b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-06b.jpg

Source (http://alphaland.com.ph/bay/index.html)

Ayus!!!!!!!!

Oohh la la!! ang ganda nito!!! sana maideliver ito on time. :banana2:

With hopefully an upcoming stable and honest government, this is not far from reality :)

super! i'll pray na sana magkatotoo talaga to.

wider roads maybe? magiging dense kc yung lugar.

why oh why? why do they have to show us the rendering now pero sa 2012 pa sisimulan ang construction??? masyado tayong binibitin.. at pinaghihintay with this kind of developments. haayyy...

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline.

I soo agree on this. up to now, i still dont get it why Roxas blvd is under utilized. there are still cheap buildings and empty lots fronting the Baywalk.. whats the matter with the owners of these lots..

:applause: I'm glad we're utilizing the waterfront. Also happy to see more public space, a mix of high and medium density and mixed use zoning all integrated into the masterplan. If the sidewalks and the public areas are that lively, Jane Jacobs would be proud. :D My only suggestion, based on those renderings is to include a pedestrian bridge to connect Baywalk with this proposal. I'll be rooting for this project.:)



wider roads maybe? magiging dense kc yung lugar.

I vote no to wider roads. It would be best if the pedestrian is given priority. And from the looks of it, HOK is really pushing for it:okay:

guys for me it must be one of the greatest project that been develop in manila bay reclamation area

this must be great!!!!!

Great news! :banana:

Ongpin-led Alphaland seeks backdoor listing (http://www.philstar.com/Article.aspx?articleId=525510&publicationSubCategoryId=66)
By Zinnia B. Dela Peña (The Philippine Star) Updated November 22, 2009 12:00 AM

MANILA, Philippines - Alphaland Development Inc., a real estate firm owned by the the group of former Trade Minister Roberto V. Ongpin and British investment fund Ashmore Group, is seeking a backdoor listing on the Philippine Stock Exchange through Macondray Plastics Inc.

The Ongpin-Ashmore Group has acquired a total of 95 percent of Macondray Plastics through the purchase of shares from the Lorenzo family and minority shareholders who agreed to tender their shares. With the change in ownership, Macondray Plastics now has Ongpin as chairman of the board, former Finance Undersecretary Eric Recto as president and Mario A. Oreta as vice-president.

In a disclosure to the Philippine Stock Exchange, Macondray said its board approved the listing of Alphaland through the backdoor, which shall be implemented through a share-for-share swap.

Under PSE rules, a backdoor listing takes place when a listed company acquires, or merges combines with an unlisted company, resulting in a substantial change in the business, membership of the board of directors or voting structure of the listed company.

The shares to be issued will come from the proposed increase in authorized capital stock of Macondray Plastics from P400 million to P5 billion. Out of the P4.6 billion hike in capitalization, 1.27 billion shares will be issued to stockholders of Alphaland at a ratio of one Alphaland share for every 5.08 new shares of Macondray.

The Ongpin-Ashmore Group owns the Alphaland Southgate tower, which was acquired from the Puyat family for P1.3 billion in early 2008. It also owns a lot on Ayala Avenue in Makati City where it is building the Ashmore Ayala Tower.

The group earlier forged an agreement with the Boy Scouts of the Philippines to develop the Sime Darby property, also in Ayala, into a mixed-use complex.

Other major projects of Alphaland include Alphaland Bay City and Shangri-La at the Fort.

With the change in ownership, Macondray will be renamed Alphaland Corp. and change its primary purpose to property development.

The deal is the second transaction sealed by the Ongpin-Ashmore Group in the past two months following the purchase of a controlling stake in shell mining firm Atok-Big Wedge Co. Inc.

^^ According to their site, 2012 daw ang start ng Bayshore City at 2015 ang opening.

This is great! Exciting! Can't wait for it to finish. :banana:

AMAZING!!!!!! I can't wait till it materializes!!

;46502191']Alphaland Bay City

It is a Commercial and Residential complex that will have state-of-the-art community-based intelligence, 100% telecommuting, unmatched bay views and eco-friendly self sufficiency. It will support all the requirements to grow businesses, to achieve personal life-enrichment and to provide family comfort.

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline. With 32 hectares along Manila Bay, Alphaland Bay City is not only the largest single development of its kind in Manila, but the only one.

A world class marina and yacht club will be Alphaland Bay City’s centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

The vision for Alphaland Bay City is a highly efficient place to work, play and live that is part of the inner city but not in it. The entire property will have wide green parks, all leading to the magnificent natural vista of the bay.

Masterplanned by globally renowned urban planners, Hellmuth, Obata and Kassabaum (HOK).

Construction begins 2012
Completion slated for 2015

http://i1015.photobucket.com/albums/af278/dxb_01/photo-01b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-02b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-03b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-04b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-05b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-06b.jpg

Source (http://alphaland.com.ph/bay/index.html)

^^ so amazing, my mouth is watering now. i believe this will be built, cause Alphaland's backing has deep pockets. amazing... :applause:

It looks very nice! Yung landmark tower medyo conservative and design pero okay na rin. This definitely looks better than SM BayCity he he!

nice to see that a developer is actually developing a project with the Manila Bay as a center point!

To the Point (http://www.manilastandardtoday.com/insideOpinion.htm?f=2009/november/24/emiljurado.isx&d=/2009/november/24)
Emil Jurado, Manila Standard Today, 11/24/09

I had a talk with former Trade Minister Bobby Ongpin, and he confirmed that Alphaland Corp., the property company he has with partner the Ashmore Group (a London-based fund manager), is developing a world-class marina and yacht club near the SM Mall of Asia and the proposed Pagcor Entertainment City in the reclaimed area along Roxas Boulevard in Pasay City.

What makes the Ongpin project significant is that it will introduce a new concept in yachting with the purchase of its yacht fleet, initially around 10 to a dozen units, for time-sharing with clients in its bid to increase the market for yachting enthusiasts. In effect, Alphaland’s yacht haven will render the existing Manila Yacht Club along Roxas Boulevard obsolete and jurassic.

I have been invited for lunch on occasion at the Manila Yacht Club and I have been appalled at its deteriorating state of upkeep. Indeed, I know many members have quit, not only because of the foul smell of Manila’s toilet bowl—the polluted Manila Bay—but because the club has recently been the object of a leadership fight.

In contrast, the Ongpin group is putting up a club in a novel way, enabling people to own something otherwise inaccessible to them. Construction will begin in 2012 and will be completed by 2015.

***

Owning a yacht—not to mention maintaining it and shouldering crewing costs—is very expensive. (It has been said that owning a yacht is worse than maintaining a mistress.) Thus, with Alphaland’s concept of time-sharing, charging a flat fee to those who wish to time-share for two to three hours in a year, can be very attractive.

The Alphaland yacht project’s enterprise in the 32-hectare bay city will be surrounded by a sweeping boardwalk lined by outdoor cafes and boutiques, overlooked by five-star hotels and mixed use medium-size buildings and skyscrapers. It will surely be tourist attraction.

If I’m gushing over the Alphaland project, it’s because Bobby Ongpin was once my high school student at the Ateneo. His late brother, Cory’s Finance Secretary Jimmy Ongpin, was also my student. If any of my former students become successful, I am proud to have touched their lives at some point. That’s the greatest fulfillment and satisfaction a teacher can have.

By the way, the six-star Shangri-La Hotel at Fort Bonifacio will proceed as usual with its ground-breaking scheduled for next year. It’s another project of Ongpin in partnership with Malaysian tycoon Robert Kuok, his friend. That’s a hotel we all look forward to. Take a bow, Bobby!

tagal pa pala nun...yung matatapos sa 2015 malamang yung marina lang yun....yung mga bldg...i doubt if they could all finish it simul...

Though there's nothing spectacular or iconic in this project, I still like this poject. The skyline looks neat.

And yes, I'd also love to see those yachts! :D

i dont get it, which part of manila bay will that project gonna be built, by the central bank area or by the bagong nayong pilipino at reclamation area, picc?

^^ Bagong Nayong Pilipino site or at least adjacent to it (also adjacent to SM Mall of Asia)

The Marina

http://alphaland.com.ph/bay/images/img02.jpg

The marina is the primary visual focus for the development and provides a world-class facility for yachting enthusiasts. Berthing for 75 large vessels is accommodated as well as the potential to berth one super yacht with heavy servicing located elsewhere.

The Marina Club celebrates the activity of the marina while establishing an exclusive enclave and banqueting venue. The building is linked to a landside drop-off area via a fixed bridge and is serviced by water taxi. It holds iconic value since it creates a dramatic focus for the entire waterfront.

* * *

The Waterfront Residential and Commercial Complex

http://alphaland.com.ph/bay/images/img05.jpg

The waterfront is the primary public activity area for the development and as such, is well suited for high end retail and hotel/ recreation use. A small shopping and dining area meanders along the curvilinear seawall and turns inland to capture an active civic space at the end of Asean Boulevard. The retail mall is separated into two sections by an opening which frames the retail street.

The two hotels featured offer a premium event and hospitality service with sweeping views and spectacular sunsets. The hotel which straddles the retail mall is slung low and long to provide terraces overlooking the marina and the signature hotel tower at the end of the promenade affords panoramic views of Manila Bay, as well as establishing a landmark signature for the entire district.

* * *

The Luxury Enclave

http://alphaland.com.ph/bay/images/img04.jpg

Adjacent to the main road and sited on a peninsula, this cluster of serviced apartments offers guests the convenience of marina and waterfront amenities as well as the privacy of a secluded, high-end residential enclave. The apartment towers are designed to maximize their close proximity to the water edge via a private terraced promenade that leads to a “floating” pool with unique views of a sparkling marina and wharfside promenade.

* * *

The Shops Street

http://alphaland.com.ph/bay/images/img06.jpg

A pedestrian oriented retail street for smaller retailers, restaurants, cafes and active use begins at Bay Boulevard with a public plaza framed by gleaming office towers that create a commercial gateway to alphaland Manila Bay. Walking towards the marina, the street is populated by well-shaded double-storey retail colonnades. At the end of the street, the Marina Club is revealed through a large separation in the retail mall, which frames a window out to the promenade quay where the public can enjoy the ambiance of the marina.

* * *

Urban Residential

http://alphaland.com.ph/bay/images/img07.jpg

The intersection of three pedestrian alleys form a compact town space with convenient access to the marina, the parkland and the retail street. The vehicle-free, paved alleys are European in character and are shaded with trees. The residential building type forms perimeter blocks that conceal private courtyards within and reinforce the notion of a continuous and active street wall. A cour d’honneur breaks out from the retail street and acts as a threshold between the northern and southern blocks. The northern block is smaller in scale compared to the southern block which responds to Asean Boulevard by mixing with office use.

* * *

Parkland Residential

http://alphaland.com.ph/bay/images/img03.jpg

The residential park is the “green lung” of alphaland Manila Bay and featured landscape area. The geometry of the parkland continues the curvilinear forms that originate on the waterline and flow inland with a network of meandering pathways and grassy knolls. The space is framed by a collection of high-end residential units that vary in scale from six stories to 24 stories. The building arrangement follows the curvilinear line of the park edge, forming a line of “habitable walls” punctured by balconies and hanging courtyards with a view of the open space, and encourage a safe environment for children to play. Community facilities are provided in the central open space and linkages are encouraged across the neighbourhood addressing road to other parts of the development.

* * *

Office Cluster

http://alphaland.com.ph/bay/images/img08.jpg

With high visibility and convenient access from Asean Boulevard and Bay Boulevard, this neighborhood is well suited for high-rise commercial development. The adjacency of these office parcels with the Asean Business Park helps to blend the alphaland Manila Bay development with its surrounding context. In this way, the office clusters form a threshold that buffers the pedestrian's experience between busy public streets and quiet courtyards and roof gardens. The commercial blocks each feature a band of serviced apartments above the retail street. These residential units are distinct in character and cater to the demand of corporate clients with close proximity to the office buildings and easy access to shopping and dining.

Source (http://alphaland.com.ph/bay/index.html)

^^has anybody know the link o webste ng project?..world class ang dating:applause:

^^has anybody know the link o webste ng project?..world class ang dating:applause:

;47412575']

Source (http://alphaland.com.ph/bay/index.html)

^^

^^thanks and:cheers:...Dubai is collapsing? ..yan ang tanong dito:ohno:

I'm a fan :applause:

oo nga balatuba pala ang mga un....mukhang nde makakabayad sa utang habang ang pinas kahit nagdildil na ng salt....bayad pa rin kahit kulo na tyan...

ang labo lang ng mga press release. hindi sinabi which will be done by 2015. sana man lang unahin na yung marina, hotel and shopping components. and since nasa gitna siya ng suppose to be built na PAgcor city at Casino ng Sm sa MOA complex why not join the bandwagon and apply for casino license too. :)

^^ Bagong Nayong Pilipino site or at least adjacent to it (also adjacent to SM Mall of Asia)

Where's tower then? Separate pa pala yun ba?

Yup separate yung tower sa BNP kasi yun.

Alphaland moves closer to backdoor listing at PSE (http://manilatimes.net/index.php/business-columns/8472-alphaland-moves-closer-to-backdoor-listing-at-pse)
Manila Times (http://manilatimes.net/index.php/business-columns/8472-alphaland-moves-closer-to-backdoor-listing-at-pse)
Saturday, 26 December 2009 00:00



IN line with its plan to merge with Alphaland Corp., Macondray Plastics Inc. will increase its authorized capital stock, following the consent given by the listed company’s minority shareholders.

In its special stockholders meeting, Macondray secured approval to raise its capital stock from P400 million to P5 billion. Subsequent to this, Alphaland will list at the Philippine Stock Exchange through the backdoor.

Macondray also plans to apply for the additional listing of 1.26 billion shares to be issued to stockholders of Alphaland out of the increase in the former’s authorized capital stock.

The listing of new shares would be in line with the share-for-share swap agreement involving the two firms.

The shares to be issued to Alphaland stockholders would be based on the exchange rate of one Alphaland share for every 5.08 new shares of Macondray.

Along with the merger, Macondray’s owners also approved the change of its primary purpose from a manufacturing company to a holding firm.

With the entry of Alphaland, a total of P12.7-billion worth of prime property will be infused into Macondray, such as the Alphaland Southgate Tower and Mall, The Alphaland Tower, Alphaland Bay City, Alphaland Makati Place and Shangri-La at the Fort.

In October, businessman Roberto Ongpin and the UK-based investment fund Ashmore—through RVO Capital Ventures Corp.—bought 99.4 million shares, or a 66-percent stake in Macondray.

Under the agreement, RVO will buy the shareholdings in cash at P2.2 apiece, or at a 10 percent premium on the 90-day average closing price of Macondray.

The plastic manufacturer also said the offer price represents a 25 percent premium on its net book value of P1.76 per share at end-August.

Because the acquisition involves more than 35 percent of Macondray, the Ongpin-Ashmore consortium shall make a tender offer for all the remaining shares of the listed firm with the same conditions.

Macondray was engaged in the manufacture of varied polyolefin plastic blown film products, polyethylene foam net products and polypropylene twine, operating out of two separate manufacturing facilities in Davao City.

The company had 90 percent of its current production capacity serving the plastic packaging requirements of the agricultural sector, distributing mainly in southern Mindanao, Visayas and Luzon.

Listed Alphaland to build mall, sports club, marina

Ongpin-led Alphaland Corp. is setting aside P3 billion to jump-start the development of a number of its projects.

Alphaland President Mario A. Oreta said in an interview that construction would start on a one-hectare property in Makati, the Alphaland Makati Place, and the 32-hectare project Alphaland Bay City located at the Aseana Business Park in Parañaque.

Alphaland Makati Place is a partnership between the company and the Boy Scouts of the Philippines. The project will have a three-storey mall, a city club and residential towers. Mr. Oreta said the firm will start development this month.

“We will likely start with the mall first so that we can get the cash flow that we need for the other components,” Mr. Oreta said, adding that he expects the entire project to be completed by 2012.

Alphaland’s three-storey city club will be “affordable” to the market not reached by the elite Makati Sports Club. Its condominium tower, he said, will likewise appeal to the middle-income bracket who can shell out P2.5 million to P5 million for a unit.

“Our target is the working executives of Makati so that they can find a place where they can relax,” he said.

Meanwhile, Mr. Oreta said Alphaland will start the construction of a “world-class” marina and yacht club in June, which he said will be the main attraction of the Parañaque project.

There is no definite plan yet for Alphaland Bay, he said, but the project will have low-rise office buildings, a five-star hotel, retail establishments, as well as high-rise buildings.

“Alphaland will not be an aggressive developer [like Ayala Land, Inc.

or Megaworld Corp.] because what we do are special projects. But it will be an exciting time for [the company],” he said.

Mr. Oreta likewise revealed that the group plans to develop an upscale office tower in Makati City and is looking at buying a 500-hectare island in Luzon.

Other assets of the company are the Alphaland Southgate Tower and Mall in Makati and its 25% stake in the six-star Shangri-La at the Fort.
Alphaland joined the bourse last month after minority shareholders of listed Macondray Plastics, Inc. approved a merger, paving the way for Alphaland’s backdoor listing.

The entry of the real estate firm involved the infusion of a total of P12.7 billion worth of prime property.

Macondray Plastics is 95% owned by RVO Capital Ventures Corp., a company beneficially owned and controlled by Roberto V. Ongpin and Eric O. Recto, chairman and president, respectively.

RVO Capital Ventures had acquired a 66% stake in the formerly Lorenzo-led Macondray Plastics for P218 million. Subsequently, it offered to buy the shares of Macondray Plastics’ minority shareholders.

Following the acquisition, shares in Macondray Plastics skyrocketed to P60.00 apiece from a low of P3.00 on Oct. 12, a week after RVO Capital Ventures bought the 66% stake.

Aside from Macondray Plastics, the group had acquired 80% of listed mining company Atok-Big Wedge, Inc. through investment company Boerstar Corp.

This was on top of holdings in companies such as San Miguel Corp., Petron Corp., PhilWeb Corp., ISM Communications Corp., and Philex Mining Corp., the country’s largest miner.

Shares in the company jumped by 7.33% or P4.00 to P58.50 on Dec. 29, the last session of the local bourse for 2009. -- Kristine Jane R. Liu
http://www.bworldonline.com/main/content.php?id=3914

^^ Alphaland really have a different business behavior... A true visionary but treads surely...:|

Alphaland allots P5B for new projects (http://www.businessmirror.com.ph/home/companies/20433-alphaland-allots-p5b-for-new-projects.html)
Business Mirror (http://www.businessmirror.com.ph/home/companies/20433-alphaland-allots-p5b-for-new-projects.html)
Written by Dennis D. Estopace / Reporter
Sunday, 03 January 2010 20:36

PENDING its transformation into Alphaland Corp., publicly listed MacondrayPlastics Inc. plans to spend nearly P5 billion in the next two years for three projects.

Alphaland Development Inc. president and Macondray executive Mario A. Oreta told reporters after a special meeting of Macondray stockholders in December that P2.3 billion of that amount would be poured into a 35-story shopping mall, city club and residential condominium in Makati City.

Oreta, who was elected Macondray vice president after RVO Capital Ventures Corp. bought the plastics-manufacturer in October last year, said they expect the project finished in four years. RVO is controlled by Marcos-era Trade minister Roberto V. Ongpin.

“In two years, we expect the three-level mall and city club finished. It will take another two years to build the residential space on top.”

Oreta said 15 percent of the revenue will go to the Boy Scouts of the Philippines (BSP). This, as the BSP owns the 10,000-square meter lot situated on Ayala Avenue Extension comer Malugay Street, where the property—to be called Alphaland Makati Place—is expected to rise.

Oreta said they will not stop operating the mall while the residential units are being built to ensure cash flow. Discussions are ongoing to pre-sell the residential units. “For [the residential segment], we plan to spend another P2 billion to P3 billion.”

The development will be like the Makati Sports Club but more affordable to midlevel executives, Oreta explained.

Alphaland’s programmed capital spending will also go to the development of a 35-hectare property at the Aseana Business Park in a reclaimed area in Parañaque City.

Oreta said they expect to start building a yacht club and marina in June as the “focal point” of the property. “All plans are finished already but it’s going to take a while as we’ll start constructing the breakwater and we’re looking at other bids for the construction materials.”

The project, he added, is a 50-50 joint venture with D.M. Wenceslao & Associates Inc., the company that reclaimed the area. Oreta said the company plans to spend P1 billion for the marina alone.

Called Bay City, Oreta said they also plan to build a hotel and two apartment buildings, all 50-stories each, on the property.

“We’re not like SM; we’re not aggressive in that space. But we’re not also limited to residential construction alone. Our vision is to create destinations. You can’t have destinations if you don’t have shopping malls.”

Oreta said the company is also planning to buy a 500-hectare island somewhere in Luzon. “We’re almost done with buying [the island].” He declined to give further details.

The capex amount cited by Oreta excludes the company’s project in Bonifacio Global City, Taguig, where Shang Global City Properties Inc. and Fort Bonifacio Shangri-La Hotel Inc. are building a hotel and serviced apartment building. Alphaland owns 20 percent of the project, according to Oreta. “The excavation’s done and we’ll begin to build there.”

Macondray’s aggressive foray into the property business followed the approval of its new board of directors to increase the authorized capital stock from P400 million to P5 billion, divided into 500 million shares at a par value of a peso per share.

Oreta said they will use Macondray to go into backdoor listing of Alphaland since “it’s faster that way.”

The capital hike came after Macondray’s previous owners led by Martin Lorenzo sold the majority of the company’s shares to RVO Capital.

Ongpin’s group then hatched a share swap deal between the Davao City-based Macondray and Alphaland, which he also heads, a month after the Lorenzo family sold their holdings in Macondray.

Macondray’s share price zoomed to P24.10 mid-October from below P6.80 after the announcement of its sale to Ongpin’s group. The stock closed at P54.50 on Thursday last week.

50 floors is tall! :D

This project really looks exciting.. :banana:

7. For 2010, the Company (through its subsidiaries) intends to first build the shopping mall and the city club (at a cost of approximately P2.3 billion) for the Alphaland Makati Place project and the marina (at a cost of approximately PI billion) for the Alphaland Bay City project. Hence the estimate of at least P3 billion in capital expenditure for 2010. Since the Company is also looking at other projects for the year, an estimate ceiling of P5 billion in capital expenditure was also mentioned.

Source (http://www.pse.com.ph/html/disclosure/pdf/2010/pdf/dc2010-0046_MRAY.pdf)

waaah!!! napakaganda nya..
sana makakuha din ako dito by 2012.. :banana:

^ Tell me about it! haha

i'm dreaming.. :nuts:
sana kahit studio unit lang.. pwede na LOL.. :lol: :banana:

Alphaland Bay City, I think, will just rely on Pagcor city and SM Mall of Asia for its entertainment part. The only attractive centerpiece is its marina and yacht club plus numerous boutiques and cafes and hotel by the bay, nothing more. Clusters of numerous housing units will be scattered down the backside possibly making the place look 'congested'. I hope Alphaland Bay City will complement Pagcor city as major player in attracting tourist not just their own thinking of convincing buyers into acquiring their housing units. I hope they think more of the entertainment value on their area. 32 (or 35) hectares is huge...I am sure there would be lot of space for some form of entertainment structure other than those boring housing units hehehe

Alphaland Bay City, I think, will just rely on Pagcor city and SM Mall of Asia for its entertainment part. The only attractive centerpiece is its marina and yacht club plus numerous boutiques and cafes and hotel by the bay, nothing more. Clusters of numerous housing units will be scattered down the backside possibly making the place look 'congested'. I hope Alphaland Bay City will complement Pagcor city as major player in attracting tourist not just their own thinking of convincing buyers into acquiring their housing units. I hope they think more of the entertainment value on their area. 32 (or 35) hectares is huge...I am sure there would be lot of space for some form of entertainment structure other than those boring housing units hehehe

This "attactive centerpiece", I think will be the crowd drawer. Cafes and stores along quays in many cities built down the lakes, rivers and seas are a hit. If ever they would build tourist-attracting establishments, I hope these would not be casinos and those which would be found in BNP and SM MOA in order not to kill each other's business . Alphaland Bay City would complement the other two projects if its would be residents, workers and visitors would patronize the same.

most cities have a quay, so its going to be have restaurants/bars/coffee shops.

It will be great if there is a monorail that goes around which will connect this to SM MOA, around E-City, Manila Ocean Park, then up to the nearest LRT/MRT station.

A tourist center/booth should also be put up. This should be for tourism around the Metro Manila, which will have all kinds of brochures, depending on what you want to see or do.

whats the latest? I wonder how much they will sell theoir condos here...

i wonder how much per sqm din. i'm also interested.. :)

Alphaland ramps up expansion with construction of 4 projects (http://www.philstar.com/Article.aspx?articleId=579856&publicationSubCategoryId=66)
By Zinnia Dela Peña (The Philippine Star (http://www.philstar.com/Article.aspx?articleId=579856&publicationSubCategoryId=66)) Updated May 31, 2010 12:00 AM

MANILA, Philippines - Ongpin-led-Alphaland Corp. is ramping up its expansion with the construction of at least four projects, which include its foray into sustainable tourism, as it aims to strengthen its position in the real estate industry.

On the sidelines of the company’s annual stockholders meeting yesterday, Alphaland chairman Roberto V. Ongpin said the property firm, which has a net asset value of P12.5 billion, will develop an upscale resort complex in Boracay and Balesin Island, Quezon. Plans are also underway for the construction of a self-contained mixed-use complex with a world-class marina and yacht club in a 32-hectare reclaimed land in Paranaque City.

The Boracay project, dubbed Alphaland Boracay Gateway, will be a masterplanned community geared as an eco-resort destination featuring residential, retail, hotel, sports and recreation areas. It will rise on a sprawling 500-hectare property in the northern tip of Nabas, Aklan on Panay Island. The project is in partnership with Akean Resorts Corp., an affiliate of the Prudentialife Group of Companies, headed by Amb. Francisco Alba.

The other resort, Balesin Island Club, will involve the development of six resort clusters, each with 12 residential villas. Located on a 380-hectare property in Pollillo, Quezon, Balesin Island Club will require an initial investment of $300 million to $400 million.

Aside from this, the company will start construction of Alphaland Makati Tower, a 35-story building that will serve as the corporate headquarters of Alphaland and British investment fund Ashmore Group in the Philippines. The property, with an appraised value of P1.23 billion, will rise on a 2,400-square meter lot.

Alphaland has budgeted between P3 billion and P5 billion for its capital expenditures this year, which include the construction of the retail center and the city club for The Alphaland Makati Place, which will consist of several high-end residential towers.

Ongpin said the Alphaland Bay City will have the ultra-modern marina yacht club as its centerpiece which will be large enough to accommodate over 70 large yachts and one super yacht.

Alphaland holds a 20 percent stake in Shangri-La at the Fort, a combination of a luxury hotel skyscraper and luxury residences in the Bonifacio Global City. Slated for opening in 2014, Shangri-La at the Fort will offer 500 rooms.

Its first project, Alphaland Southgate Tower, is a 20-story structure offering a total of 36,000 square meters of leasable space.

so may balak palang tapatan ni Andrew Tan etong project na ito. knowing how aggressive Megaworld is, they should fast-tract this project.. thats the good thing about having a competition. who knows, i-revise ng SM ang plano nila sa Bay city at mglagay na rin ng yacht club. Imagine the stretch of Manila bay full of yachts. that would be a sweet sight! and more and more Filipinos can afford owning or renting a yacht!

Ano latest sa project na to?

Ano latest sa project na to?

According to their website and from the past posts, construction will start in 2012.

No iconic buildings in Bay City like these?

http://img214.imageshack.us/img214/7739/barangaroosydney.jpg

http://www.rafflescitybahrain.com.bh/ContentPhotos/Photos/18b_052844.jpg

http://img.photobucket.com/albums/v302/ganjaganja/1357FullMoonRising_pic4.jpg

http://img.photobucket.com/albums/v302/ganjaganja/1357FullMoonRising_pic3.jpg

bahahaha when pigs fly maybe.

pag pumuti na ang uwak.. :P

mukhang may dildo na nakatayo sa isang photo. :lol:

mukhang may dildo na nakatayo sa isang photo. :lol:

3rd pic? ahahaha! :lol:

those designs are way over the top, mabilis yan magmukhang luma in the coming years. :lol:

+1

lahat ng uso nalalaos. just go with the classic and it will never go wrong.

ALPHALAND BAY CITY

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline. With 32 hectares along Manila Bay, Alphaland Bay City is not only the largest single development of its kind in Manila, but the only one.

A world class marina and yacht club will be Alphaland Bay City’s centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

Construction begins 2012
Completion slated for 2015

http://www.alphaland.com.ph/bay/

ALPHALAND BAY CITY

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline. With 32 hectares along Manila Bay, Alphaland Bay City is not only the largest single development of its kind in Manila, but the only one.

A world class marina and yacht club will be Alphaland Bay City’s centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

Construction begins 2012
Completion slated for 2015

http://www.alphaland.com.ph/bay/

hopefully they make an impressive project (Alphaland Bay City). I was at the Alphaland South Gate Mall in Makati yesterday and I wasn't impressed with the design of their mall...not really a high-end mall but looks like the old Virra Mall (not SM's V-Mall in Greenhills) with some tiangges inside. Nothing much to do inside except for the eateries. What we really need is more than shopping but with some form of entertainment like theme parks and that will drive people and tourist back on a return basis again and again. Hopefully the upcoming Alphaland Bay City won't be another Neo Chinatown in the same area :lol:

Every time somebody posts photos of how they want the project to look, I get excited thinking that's what the project will look like. And then reality snaps in, and it's something less - like another fugly Cityland project. By the way, I can't wait for the day Cityland goes bankrupt. They are seriously uglifying the metro with the world's most disgusting looking buildings. I sure hope Alphaland doesn't fail. It really does look like an awesome project in a great location. Please don't screw up this area with crap please ......

Yeah, I just hope they will construct a landmark building in this area. Im happy that SM is constructing imposing buildings like Two Ecom Center and SM Arena which is adjacent to Alphaland Bay City.I wish more buildings like this will be constructed in the future.

Every time somebody posts photos of how they want the project to look, I get excited thinking that's what the project will look like. And then reality snaps in, and it's something less - like another fugly Cityland project. By the way, I can't wait for the day Cityland goes bankrupt. They are seriously uglifying the metro with the world's most disgusting looking buildings. I sure hope Alphaland doesn't fail. It really does look like an awesome project in a great location. Please don't screw up this area with crap please ......

Hahahaha cityland hahahahaha. Well your wish almost came true back in the last asian financial crisis. We're an investor of cityland, they promised high interest then and they did pay us quire religiously until the crisis struck. Recently they started paying us again hehehe. But i do agree with you their bldgs sux.

nde impressive ang architecture.....:ohno: nothing to be excited about...

any updates on this thread??

;46502191']Alphaland Bay City

It is a Commercial and Residential complex that will have state-of-the-art community-based intelligence, 100% telecommuting, unmatched bay views and eco-friendly self sufficiency. It will support all the requirements to grow businesses, to achieve personal life-enrichment and to provide family comfort.

The most desirable property in any city in the world is the bay front, where the view of nature and the sea is prized above concrete and glass skyline. With 32 hectares along Manila Bay, Alphaland Bay City is not only the largest single development of its kind in Manila, but the only one.

A world class marina and yacht club will be Alphaland Bay City’s centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

The vision for Alphaland Bay City is a highly efficient place to work, play and live that is part of the inner city but not in it. The entire property will have wide green parks, all leading to the magnificent natural vista of the bay.

Masterplanned by globally renowned urban planners, Hellmuth, Obata and Kassabaum (HOK).

Construction begins 2012
Completion slated for 2015

http://i1015.photobucket.com/albums/af278/dxb_01/photo-01b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-02b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-03b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-04b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-05b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-06b.jpg

Source (http://alphaland.com.ph/bay/index.html)

Location just beside MOA ? They will start construction by 2012. Lapit na. :cheers:

i think the completion of construction in 2015 would only be the marina and hoping the retail commercial promenade fronting the manila bay... sana more entertainment facilities rather than merely shopping arcades... hope they produce anything new sa master plan na to...

any updates with this projects?

Alphaland is now constructing its office tower along Ayala, commercial-residential along Malugay, both in Makati and its paradise island in Quezon province. They started constructing these projects in 2010 and this year. One by one, their planned projects are rising. I think they are on track with their plan on the bay project. Let's wait until 2012.

This looks like a good location. Alphaland has been priming some investments lately.

isang tanong isang sagot tuloy po ba ito any updates ???

isang tanong isang sagot tuloy po ba ito any updates ???

Next year pa yata ang timetable nito. They've started first the projects in Makati, Quezon and I think in Aklan. I'm not sure with the exact date for Aklan, but the Balesin project in Quezon has started many months ago. Makati projects are in full swing. Let's just wait for the bay project.

ok hintayin ko 2012 to 2013

Bagong Nayong Pilipino Entertainment City Manila

http://img829.imageshack.us/img829/7649/pp2xm.jpg

Source: http://imageshack.us/photo/my-images/829/pp2xm.jpg/sr=1

Sana buhayin nila yun uniwide pagnagprogress na lahat ng development sa area... May potential pa rin naman yun...

^^

yah isa pa yun dapat redevelop din yung area na yun..malaki-laki din ang lugar na yun..sayang naman kung papabayaan siya..

it would be nice if another mixed-used development sa parteng yun..

nakapasok ako last day, nirerenovate, pero mas maganda kong gawing central terminal nalang yan sa south bound buses,mas magastos irenovate

o ano na!!!!!!

Alphaland sets P10-B capex this yr

By Zinnia B. Dela PeÑa (The Philippine Star) Updated April 21, 2012 12:00 AM

MANILA, Philippines - Alphaland Corp., a property firm led by former trade and industry minister Roberto V. Ongpin, has set a capital expenditure program of P10 billion this year to complete the development of its flagship 500-hectare resort project in Quezon, an upscale residential enclave and a premium office building in Makati City.

In an interview following the company’s annual stockholders’ meeting yesterday, Alphaland president Mario Oreta said the company expects its profit to reach more than P2 billion, mainly driven by sales from the Balesin Island Club, The City Club and the Makati Place.

The group is spending another P1.5 billion for Balesin Island, which is expected to be completed by the end of the year, almost one year ahead of schedule.”We are well on the way to creating one of the world’s most beautiful island resorts. We were so amazed at the progress of construction,” Oreta said.

The company is spending more than P11 billion for the two other projects to take advantage of a buoyant property market and the rising land prices in Makati.

Located on a one-hectare property along Ayala Ave., the residential development–called Makati Place, will house three high-end towers (one of them is a hotel). Underneath would be a three-level shopping mall and a three-storey sports club (City Club).

With a development cost of more than P9 billion, Makati Place will make available 537 residential units in ready-to-move condition. Units will sell for P8 million to P19 million each.

Situated at 6789 Ayala Ave., the Alphaland Tower, on the other hand, is a prime high end corporate office, targeted for completion in December this year.

Another project in the pipeline is the Alphaland Boracay Gateway Country Club, a 500-hectare estate on Panay Island.

The company has tied up with Akean Resorts Corp., an affiliate of the Prudentialife Group of Companies to carry out the Boracay project.

The company will also start developing in the latter part of the year the 34-hectare Bay City project to be located near SM Mall of Asia and will have a marina/yacht club.

^^ sana nga simulan na nila! :banana:

Alphaland investing P2.5B in yacht club

by Doris C. Dumlao | Philippine Daily Inquirer | Monday, April 23rd, 2012 | 2:54 am

Upscale property developer Alphaland Corp. is investing P2.5 billion in an “ultra-modern” yacht club, which is scheduled to open at the end of 2013 in the company’s 32-hectare bayside property in Parañaque.

The Marina Club is the centerpiece of Alphaland Bay City, envisioned as a premium business and residential district, which is located between SM Mall of Asia and the upcoming Pagcor City.

Alphaland president Mario Oreta told the company’s stockholders in their annual meeting on Friday that this club—master-planned by Hok, the planner for the Dubai Yacht Club—would be the “most modern and most advanced yacht club in this part of the world.”

He said the company would start this year the construction of the breakwater, which would cost P1 billion. The whole club was estimated to cost P2.5 billion, excluding the cost of development of the rest of the 32-hectare property.

The plan is to open the marina first before starting development of the rest of the property. The Marina Bay project is headed by Apa Ongpin.

A unique feature of Alphaland’s proposed marina club is that members need not own a boat. All members will be issued points yearly, which they can use to charter boats in the club fleet, and enjoy the nautical lifestyle without maintenance and administration headaches.

But for people who already own boats, the basin will have room for about 220 boats of all sizes. All berths can be reached on foot.

Members of the marina club and their dependents will have exclusive access to all the amenities, including the swimming pool, spa, beauty salon, barber shop, gameroom, playroom, screening room, karaoke lounges and a fitness center. It will also have large banquet-style restaurants and bars, plus a pool with a bar and lounge.

Alphaland is also undertaking a 500-hectare development called “Alphaland Boracay Gateway” adjacent to the Caticlan airport.

“It is an estate development centered around a polo club,” Oreta said.

“We’ve finished the master plan. We’re already paving the road and doing polo field next year. We’ll see a lot of action there toward the summer when the season peaks in Boracay,” said Alphaland chief finance officer Hannah Yulo.

An initial 200-hectare development in this Boracay project, Yulo estimated, would cost P3 billion.
During the stockholders’ meeting, Oreta also reported the following:
– Alphaland Southgate Tower along EDSA is now 100-percent occupied and “extremely profitable.”
– Tropical island-resort club Balesin in Quezon will be 100 percent finished this year.
– The Shangri-La at the Fort has been completed, with top-off to be held by 2014 and soft opening slated for 2015.

Source: http://business.inquirer.net/55305/alphaland-investing-p2-5b-in-yacht-club

nice update.. at least we'll see a lot of happening there soon.. :)

:) 1+ positive

wow, eto na ang pinakahihintay ko, maipaparada ko na ang SAMPAN namin sa yacht club dito, iba na ang maganda ang yati

parang ganito lang yun

http://t1.gstatic.com/images?q=tbn:ANd9GcQhxmcLcPVv-EN4_BE5XxYojTTxMQn7zM1xuMxQA8Dp_bPUMcfkIg

Great projects! Balesin Island and Bay city..

hi guys! i don't know how to upload photos but Alphaland has just released their latest report and it includes more renders of the Bay City project. can someone please upload them here? It appears, they have started with the Marina Project last year. :banana:

http://www.alphaland.com.ph/our-projects/alphaland-bay-city.html

^^ i can't find the latest report together with the new renders. :ohno:
As far as everybody knows here, the construction of the project is not yet started.

The only new about this project is this
http://www.alphalandbaycity.com.ph/
their new website

^^ it is in their 2011 annual report. thanks!

Alphaland realy got some impressive looking projects lined up. Very ambitious and almost visionary company. :cheers:

^^ it is in their 2011 annual report. thanks!


2011 - then its not updated.

i mentioned MORE renders NOT latest. anyway, hope someone can upload😊

don't know if they already started the construction of breakwater these past few months but permit to construct was issued already as of September 2011.


Excerpt from 2011 Alphaland Annual Report

September 2011

• Alphaland Balesin Island project started selling shares to interested parties.

• The 18.75-meter extension of the Balesin runway was completed.

• The Welcome Pavilion of Balesin Island was completed.

• Permit to Construct the Breakwater for Alphaland Bay City was issued
by the Philippine Ports Authority.

• Construction of the Balesin Sala and Villa was completed.

hi guys! i don't know how to upload photos but Alphaland has just released their latest report and it includes more renders of the Bay City project. can someone please upload them here? It appears, they have started with the Marina Project last year. :banana:

http://www.alphaland.com.ph/our-projects/alphaland-bay-city.html

don't know if they already started the construction of breakwater these past few months but permit to construct was issued already as of September 2011.


Excerpt from 2011 Alphaland Annual Report

September 2011

• Alphaland Balesin Island project started selling shares to interested parties.

• The 18.75-meter extension of the Balesin runway was completed.

• The Welcome Pavilion of Balesin Island was completed.


• Construction of the Balesin Sala and Villa was completed.

18.75 runway extension ?? What kind of runway needs an 18 meter extension ? Are you joking ? Please quote, thanks.

http://i.imgur.com/tLxvc.png

http://i.imgur.com/PXpdZ.png

http://i.imgur.com/nrRSx.png

http://i.imgur.com/4VRuk.png

so Miami-esque!

nice ^^

18.75 runway extension ?? What kind of runway needs an 18 meter extension ? Are you joking ? Please quote, thanks.

There's already a existing runway for very small aircrafts. They've just wanted it to be 18.75 meter longer. It's from side to side, cutting the island in two.

yun marina bay yacht club daw unang magbubukas sa alphaland hoping last quarter of 2013

Ano na balita dito?

Alphaland to build P2B yacht club
Alphaland Corp. yesterday announced that it will start building a P2-billion yacht club that will serve as the centerpiece of its premium self-contained, seaside community, the Bay City.

Apa Ongpin, Alphaland project coordinator, said that Marina Club, which will be the country’s biggest yacht club, is scheduled to open in the second quarter of 2014.

“The total cost of the club is around P2 billion. The breakwater alone will cost P700 million. We want to make sure that what happened along Roxas Boulevard will not happen here,” Ongpin said.

Ongpin said that the company is “funding internally” and exploring different ways of financing.


SEE PICTURE OF THE REDESIGNED MARINA CLUBHOUSE:http://www.malaya.com.ph/index.php/business/business-news/17145-alphaland-to-build-p2b-yacht-club

Joanna Duarte, director for Sales & Marketing of Alphaland, said that the developer is intending to sell from 3,000 to 5,000 shares worth “P1 million or more per share”.

Duarte also said that the Marina Club is not only for boat owners.

“Members who do not wish to own a boat themselves may enjoy the nautical lifestyle nevertheless, as the club will also maintain its own fleet of boats, which members may use at a reasonable cost,” Duarte said.

Alphaland Marina Club will maintain a small fleet of boats, initially five and eventually as many as 20, available for members’ use at concessional rates. These boats will be crewed, of modern design, and feature many conveniences. Members may enjoy time on the water without the concerns of maintaining and managing a boat.

Ongpin is optimistic that the project will entice Filipino boat lovers.

“There’s demand for this both from local and international boat enthusiasts,” Ongpin said.

Ongpin, also a boat owner, said that with the limited berthing capacity in the country, some owners are actually forced to berth their boats abroad.

“There are I think around 550 Filipino boat owners. The Marina Club will have 300 berths for boats of all sizes,” he said.

Also, Ongpin said that the Marina Club will employ “hundreds of employees” and will stimulate the local boat industry.

“The clubhouse can also act as sales office for the country’s boat builders,” Ongpin said.

He said Alphaland will partner with different manufacturers, dealerships, brokerages and suppliers, to make available both brand new and pre-owned boats.

The marina will have demo boats available for trial.

“We will create a one-stop shop that will provide all items and services necessary for boat ownership, including after-sales support. Soon, buying a boat will be as easy as buying a mobile phone and could be no more expensive than a second car,” Ongpin said.

Marina Club’s breakwater will enclose about 10 hectares of the western coast of Bay City.

The three-level clubhouse with scenic elevator will offer many dining and entertainment options, including five private dining rooms and is perfect for social and business gatherings. The design is so arranged that even if there are several hundred people in the club, there will still be quiet, private areas.

“In essence, it will be a full-featured country club on the water. Instead of golf or polo, the club is centered around the romantic sport of yachting,” Ongpin said.

Boat owners will have a clean, secure, and efficient facility for their vessels. Entrance to the marina is strictly regulated, but it will be convenient for members and crew.

A 900-meter-long breakwater encloses 8 hectares of water, providing a tranquil, secure, well-protected basin with good maneuvering room. Every single berth is reachable on foot, and golf carts will be provided for members’ convenience. Each berth will have a finger pier and a pedestal from which the boat can obtain power and water.

Access to the marina from land is through guarded electronic gates operated by keycards. Only club members and crew may access the marina. Members and guests may also have their boats brought to the floating docks around the clubhouse for boarding. Two service docks will be provided at the northeast and southeast corners of the marina. Boats may refuel, have sewage pumped out, and take on water and cargo at these docks.

The state-of-the-art marina has been designed by Joe Goddard Marine Pty. Ltd. of Australia. Goddard and his firm have had several decades of experience in design and management of marinas in Australia and the Middle East, including Dubai.

The clubhouse was designed by renowned Filipino architects Carmelo Casas and partners, the three-storey clubhouse of 3,000 square meters has an iconic design, suggesting sails and wind.

Alphaland is a joint venture between the Ashmore Group, a private equity fund based in London, with funds under management of about $60 billion, and the RVO Capital Ventures Group.

Marina Club is their second venture into leisure projects after the success of the Balesin Island, a themed-village private island resort.

^^ sounds exciting :)

Alphaland to build P2B yacht club
Alphaland Corp. yesterday announced that it will start building a P2-billion yacht club that will serve as the centerpiece of its premium self-contained, seaside community, the Bay City.

Apa Ongpin, Alphaland project coordinator, said that Marina Club, which will be the country’s biggest yacht club, is scheduled to open in the second quarter of 2014.

“The total cost of the club is around P2 billion. The breakwater alone will cost P700 million. We want to make sure that what happened along Roxas Boulevard will not happen here,” Ongpin said.

Ongpin said that the company is “funding internally” and exploring different ways of financing.


SEE PICTURE OF THE REDESIGNED MARINA CLUBHOUSE:http://www.malaya.com.ph/index.php/business/business-news/17145-alphaland-to-build-p2b-yacht-club



http://sphotos-a.ak.fbcdn.net/hphotos-ak-snc7/407745_4439510500410_1501619605_n.jpg

http://issuu.com/alphaland/docs/alphaland_marina_club_brochure?mode=window&backgroundColor=%23222222

http://sphotos-a.ak.fbcdn.net/hphotos-ak-snc7/407745_4439510500410_1501619605_n.jpg

looks great! this city needs more non-boxy buildings/structures :)

http://img87.imageshack.us/img87/452/93897616.png

From this

;46502191']

http://i1015.photobucket.com/albums/af278/dxb_01/photo-01b.jpg

http://i1015.photobucket.com/albums/af278/dxb_01/photo-02b.jpg


Source (http://alphaland.com.ph/bay/index.html)

to this.

http://i109.photobucket.com/albums/n42/razzp_pcmall/Picture1.png

The original design is better. This is definitely a downgrade. :ohno:

^^ would appreciate if you can cite the source of the new design photo... thanks :)

Edit: nvm got it... :hi:

:lol: anong nangyari sa design?!

Much Better and clearer render. BTW, this one is definitely a downgrade from the original one !!! :ohno: :bash: :bash: :bash:

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/Marina_Club.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/VIEW_FROM_THE_SEA_v1_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/LAND-VIEW_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/SIDE_VIEW_FROM_THE_SEA_v3_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/SIDE_VIEW_FROM_THE_SEA_v2_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/AERIAL_PERSPECTIVE_v1.jpg


ALPHALAND's Bay City [mix]
@ Manila Bay, Parañaque City, Metro Manila

http://www.alphalandbaycity.com.ph/photos/jpg/accessible_to_makati.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/world_class_masterpiece.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/a_yacht_lovers_heaven.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/superb_docking_facilities_thumb.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/an_amazing_sea_view.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/a_new_city_rises.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/prime_residential_spaces.jpg

http://www.alphalandbaycity.com.ph/photos/jpg/green_spaces_for_better_living.jpg

^^ to maximize space, i guess...

^ Probably. Iconic raw yang clubhouse sabi sa brochure. :lol:

Well, at least this is still going to be better than the Manila Yacht Club. I still want to buy a condo in Alphaland in the future.

http://www.alphalandmarinaclub.com.ph/gallery/

http://www.alphalandmarinaclub.com.ph/uploads/tx_ampgallery/AMC_Thumb8_01.jpg

The quay is now rectangular. No more circular island for the club.:ohno:

^^

the original design is much better but I like the new clubhouse. Probably the rectangular shape can accomodate more boats than the circular one.

Much Better and clearer render. BTW, this one is definitely a downgrade from the original one !!! :ohno: :bash: :bash: :bash:

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/Marina_Club.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/VIEW_FROM_THE_SEA_v1_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/LAND-VIEW_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/SIDE_VIEW_FROM_THE_SEA_v3_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/SIDE_VIEW_FROM_THE_SEA_v2_01.jpg

http://www.alphalandmarinaclub.com.ph/uploads/tx_nivoslider/AERIAL_PERSPECTIVE_v1.jpg

^^ i don't think original design is better nor this new one is better. I believe this is one of those designs that will look better in person. I have to agree that the new lay-out will make the marina more efficient in terms of usage.

also, if you look closely, the structure inside is very much glassy just covered by a SYDNEY OPERA HOUSE-LIKE WHITE CANOPY which i think is meant to reflect really well the sunset of Manila Bay.

clubhouse looked good... they sort of mimicked the layout of the Sydney Opera House though.... and yeah... the original layout of the yacht area looks more interesting... well I guess they are no longer considering any reclamation for the yacht area to form it as in the original so they ended on the squarish layout instead... too bad they seemed to remove the boardwalk area too...

I think may boardwalk pa rin kasi paano naman pupunta yung yacht owners sa yachts nila sa may barrier kung walang boardwalk? lalangoy sila to and from the clubhouse? :lol: :)

^^ guys, the change in design applies only to the yacht club building. I think it's not really that bad.

http://www.alphalandmarinaclub.com.ph/gallery/

http://www.alphalandmarinaclub.com.ph/uploads/tx_ampgallery/AMC_Thumb8_01.jpg

tallest yatch club?

"TRYING HARD YACHT CLUB"...or..."PWEDE NA YAN YACHT CLUB"...or..."THE MODEST MODERN FISHING VILLAGE IN ASIA"..parang club ng manghuhuli ng sardinas at tuna...hahaha

P2 billion pesos to?? 700 million sa breakwater pa lng???....hahaha....i smell something FISHY....so that means na ung 3 level na cluhouse is worth at least a billion pesos...tama???yari yta sa ginto o nanloloko lng tong alpha land?

WTF? what happened to the circular yacht club plan, it definitely downgraded to a so-so design from the nicer one. :(

Wonder if that structure has undergone wind tunnel tests? If a powerful typhoon hits with winds over 100kph won the structure buckle, the glass windows smashed since its facing the bay.

Wonder if that structure has undergone wind tunnel tests? If a powerful typhoon hits with winds over 100kph won the structure buckle, the glass windows smashed since its facing the bay.

nah. Manila Ocean Park has glass windows facing the bay and they did not break during typhoon ofel and habagat.

No reclamation dito. that clubhouse will be sort of a floating island anchored to the sea floor.

nah. Manila Ocean Park has glass windows facing the bay and they did not break during typhoon ofel and habagat.

Thats good

matuyawa nalang kayo atleast meron...wag nyo isipin my corruption di naman goverment mayari nyan bumili lang sila ng rights sa govt...and thats private company money...

The redesign looks boriiiiing. :ohno:

Oo nga... pang "at least meron" lang talaga ang Pilipinas kasi ang daming satisfied sa "puede na yan" mentality. :nuts:

Alphaland earning rise to P1.88B in 9 mos
By Neil Jerome C. Morales (The Philippine Star) | Updated November 11, 2012 - 12:00am
http://www.philstar.com/business/2012/11/11/865247/alphaland-earning-rise-p188b-9-mos

MANILA, Philippines - Upscale property firm Alphaland Corp. grew its earnings more than seven times in the nine months to September, partially driven by higher value of its investments.

"The group posted a remarkable consolidated net income amounting to P1.878 billion for the nine months ended September,” Alphaland said in a disclosure to the stock exchange.
... The City Club is located at the three-tower, P2.5-billion Makati Place.

Last year, Alphaland earmarked at least P16 billion until 2014 for its real estate projects: the 34-story Alphaland Tower, Makati Place and Balesin.

Next year, Alphaland will focus on the construction of the P2-billion Alphaland Marina Club in the 32-hectare Alphaland Bay City in Parañaque.

Alphaland is the upscale property firm led by the group of former Trade Minister Roberto V. Ongpin"

Sa una palang duda na ako namagagawa yun marina sa first render dahil siguradong hindi nila macucurve yun land pwede pa yun sewall pero yun integrity ng reclaimed land hindi nila gagalawin para lang magcurve like sa first design.

so frustrating na hindi matuloy ang original curve design. Nawala na yung dating excitement.

Yeah, plus this structure looks like a failed ripoff of the Sydney opera house.

Yeah, plus this structure looks like a failed ripoff of the Sydney opera house.

how can it be a ripoff when it's not even an opera house? :nuts: and it doesnt look like the opera house anyway.

how can it be a ripoff when it's not even an opera house? :nuts: and it doesnt look like the opera house anyway.

Hahaha.! Exactly.

xx double post srry

It looks like another white layered-shell-looking shape next to the water. It's just too similar. Why can't they just play it safe and build something never seen before? It's not EVERYDAY that you get to build on the bay like this. Why not just do it right the first time. I'm really wary about all of the projects in this whole area.

It looks like another white layered-shell-looking shape next to the water. It's just too similar. Why can't they just play it safe and build something never seen before? It's not EVERYDAY that you get to build on the bay like this. Why not just do it right the first time. I'm really wary about all of the projects in this whole area.

Correct sana maging ambitious sila sa architecture. If they build something BOLD baka yun pa ang maging icon ng Maynila sa travel brochures just like what Burj Al Arab hotel did to Dubai...

It looks like another white layered-shell-looking shape next to the water. It's just too similar. Why can't they just play it safe and build something never seen before? It's not EVERYDAY that you get to build on the bay like this. Why not just do it right the first time. I'm really wary about all of the projects in this whole area.


Korek, if sa una pa lang, yong yatch club ay biglang nag downgrade, paano nila mapanindigan yong ibang future developments. Baka downgrade din ang aabutin.

They should take care of it as it says, "First Impressions Last"

Ito pa naman ang inaabangan kong development, aside from the 4 Pagcor developers.

Alphaland Tower tower will be completed in January, 2013; Makati Place is in full swing; Balesin Island Club is already open and nearing its completion ahead of time; Shangri-La at the Fort has been started as well as the Marina Club which is targeted to open in 2014. With this, I believe Alphaland will soon start constructing the next project. There are two remaining projects 1. Alphaland Bay City and 2. Boracay Gateway Country Club. Hopefully, the Bay City will be the next.

"Alphaland Bay City is designed in such a way that you won’t need a car to get around. Just park at one of our central locations and walk or take a shuttle. Buildings are interconnected by walkways, protecting you from the weather. We did this to make it truly a walking city, and to minimize energy use and pollution, including noise. A broad central park cuts through the entire city in a crescent, not only providing greenery, shade and pleasant public space, but also providing a corridor for wind to circulate. It also allows the buildings to be arranged in a manner that opens the sea view to more of the units, instead of maximizing space utilization in favor of short-term profit. We strongly believe that this kind of planning gives better long-term value to the development as a whole and your property in particular."

This is the most exciting development in Metro Manila so far for me. Being a big fan of sailing, this will be a great alternative to the aging Manila Yacht Club. Well for this project I'm not particular with the architecture of the clubhouse naman, basta i-maintain nila ng maayos yung Yacht Club at hindi amoy canal ung tubig ok na.

By next year sana maglaunch ang Alphaland ng tower sa Bay City para magkaroon ito ng contrast between this and Mall of Asia.....:cheers:

I like the projects of Alphaland. They go beyond what's being done by most real estate developers. This Bay City and Yacht Club's something SM should have done, but the latter chose to maximize rent potentials. Alphaland's likewise building a City Club within the CBD, an indoor Country Club so to speak.

http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/GROUND_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/SECOND_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/THIRD_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/clubhouse/floor-plans/third-level/

Looks like construction has already started.


True. For Marina only. Read below.


Alphaland Marina Club to position Manila as boating hub
11/20/2012 | By: Jeni Bone, Marine Business World


Work has commenced on what is hailed as the most significant project in The Philippine s in more than 20 years - the Alphaland Marina Club.

Alphaland Marina Club is a members-only marina scheduled to open in 2014, located in Paranaque, about 15 minutes’ drive from the Makati Central Business District.

According to its developers: 'The iconic clubhouse, built on pilings in the middle of the water, offers a new and unique nautical lifestyle based on nature. Manila Bay serves as a fabulous setting for the club, offering views and fresh air not available in the inner city. The clubhouse will offer many dining and entertainment options, including five private dining rooms, and is perfect for social and business gatherings.'

The company behind the project is a publicly listed property developer and partly owned by the Ongpin family of Manila. RV Ongpin was former Trades Minister and current Chairman of Alphaland. The project leader is Raphael Ongpin, the Chairman’s nephew, a keen boatie and also spokesman for the project.


...
Currently, work is underway on the break wall, made complicated by it being on reclaimed land.

'The break wall has to be right because the land is located on Manila Bay and could be susceptible to typhoons. The selection of the marina manufacturers will be via a tender in the next few weeks.'


Read more here:
Source: http://www.marinebusinessnews.com/Alphaland-Marina-Club-to-position-Manila-as-boating-hub/103935http://farm9.staticflickr.com/8088/8389466470_dbf8b64c00_b.jpg
photo credit to the owner of this photo

Good to see things are moving along. :cheers:

http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/GROUND_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/SECOND_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/uploads/tx_amczoom/THIRD_LEVEL_FLOOR_PLAN_recolored.jpg
http://www.alphalandmarinaclub.com.ph/clubhouse/floor-plans/third-level/
Ooooooohhhh..... Makes me want to buy a yacht :D

Finally. The remaining undeveloped area that will physically connect MOA Complex to Entertainment City. The Alphaland development will surely make tha bay area more vibrant.


Looks like construction has already started.


http://farm9.staticflickr.com/8088/8389466470_dbf8b64c00_b.jpg
photo credit to the owner of this photo

http://wikimapia.org/#lat=14.5281512&lon=120.9829119&z=16&l=0&m=b&show=/24361434/Alphaland-Marina-Club-U-C

I think that Alphaland launch a commercial/residential buuilding in their Bay City Project. Their building/s are looking good and simply iconic :okay:

tuloy na tuloy na :)

Looks like construction has already started.


http://farm9.staticflickr.com/8088/8389466470_dbf8b64c00_b.jpg
photo credit to the owner of this photo
finally some construction

From Aseana City FB page

Alphaland Bay City Corp, a joint venture parnership beween Alphaland Corp and the Wenceslao Group, recently announced that it will construct a members-only Yacht Club and 3,500 sqm Clubhouse in Aseana City. The project was designed by Joe Goddard of Australia and will commence construction in 1Q 2013.

Deliveries of Rocks for Breakwater
http://sphotos-g.ak.fbcdn.net/hphotos-ak-ash3/156315_10151298708742530_152095393_n.jpg

http://sphotos-g.ak.fbcdn.net/hphotos-ak-ash3/156315_10151298708742530_152095393_n.jpg

ahh kaya pala medyo hawig sa sydney opera house, the alphaland clubhouse is designed by an australian

I am planning to invest in this project, to live and for my retirement, I can jog on the sea side.. do some Tai-chi.. maybe do some sailing stuff, hehehe.. are they already on pre selling ?

ahh kaya pala medyo hawig sa sydney opera house, the alphaland clubhouse is designed by an australian

Filipino architectural firm ang nag design ng clubhouse, Carmelo Casas and partners. Yung marina mismo eh Joe Goddard Marine Pty. Ltd. of Australia.

Each shares of their Marina Yacht club shares are selling for 1.1 million..

https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/32180_446593038745171_882715866_n.jpg

Each shares of their Marina Yacht club shares are selling for 1.1 million..

That's cheap.

https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-ash3/32180_446593038745171_882715866_n.jpg

Yawn... nothing special about at all.

I am planning to invest in this project, to live and for my retirement, I can jog on the sea side.. do some Tai-chi.. maybe do some sailing stuff, hehehe.. are they already on pre selling ?

Pareho tayo ng iniisip pag nag retire.

I love waking up in the morning na dagat ang makikita ko. Then drive few minutes nasa mga malls and establishments nako.

Each shares of their Marina Yacht club shares are selling for 1.1 million..

That's cheap.

Correct. Their Balesin membership is currently being sold at PhP3M and scheduled (there is an scheduled increase per month) to increase to PhP4M by the end of the year.

nasa solaire ako kahapon nakita ko sa site naghahanda na sila sa pag gawa...

ahh kaya pala medyo hawig sa sydney opera house, the alphaland clubhouse is designed by an australian

so lahat ng Australian designed buildings kahawig ng opera house, going by your logic?

nasa solaire ako kahapon nakita ko sa site naghahanda na sila sa pag gawa...

Any pic that u can share?

so lahat ng Australian designed buildings kahawig ng opera house, going by your logic?

Lol. The best ka tlga magcomment. : )

so lahat ng Australian designed buildings kahawig ng opera house, going by your logic?

Inspired siguro woudl be the word.

Sana wag ka na magtaray. Kabuwanan mo ba? lolz biro lang

mas gusto ko pa rin yung original yacht clubhouse design. yung mas mataas yung fins. ang ganda picturan nun tapos backdrop mo yung sunset...
eh ngayon pinalitan nila ng pandak na building. tsk.

Inspired siguro woudl be the word.

Sana wag ka na magtaray. Kabuwanan mo ba? lolz biro lang

hilarious :lol:

I hope Alphaland will build a strip mall similar to Bonifacio High Street along the bay area from Solaire to MOA Complex.

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash4/263977_10151096364894006_1042232638_n.jpg

I hope Alphaland will build a strip mall similar to Bonifacio High Street along the bay area from Solaire to MOA Complex.

well I hope so too.. but i think there is a boardwalk that will run along the edge of the marina and I think locators will put up food shops along the bay facing the marina eventually..

From this
http://i109.photobucket.com/albums/n42/razzp_pcmall/Picture1.png

I hope Alphaland will build a strip mall similar to Bonifacio High Street along the bay area from Solaire to MOA Complex.

what a nice photo! sooner or later the whole reclaimed area will be fully-occupied..:)

I hope Alphaland will build a strip mall similar to Bonifacio High Street along the bay area from Solaire to MOA Complex.

it would be nice to see the different concept of shopping, lifestyle, relaxation and fun that these developers/investor will present to the consumers/clients. I just hope that connectivity to mass transport and establishment-to-establishment, will be great as well..:)

A strip mall is currently being developed by Federal Land dubbed as the Blue Bay Walk but this is across Blue Wave.

Any updates on Alphaland's development? Will this be a private member-only property?

Finally bought a shares here, according to insiders, the location of the clubhouse will be move to the left side instead on your right hand side, this was due to higher terrain on the left side.

yey! I love strip malls :D

I hope Alphaland will build a strip mall similar to Bonifacio High Street along the bay area from Solaire to MOA Complex.

yeah a strip mall would be nice as a transition from MOA to Solaire. kung papayag sila ha ha ha

ayan tama na ang thread! hehe :D
http://i45.************/2m2fhp5.jpg
©jrapijr

So uunahin muna nila yung construction Yacht Club, saka yung mga towers nito?

^^ most likely ;)

ayan tama na ang thread! hehe :D
http://i45.************/2m2fhp5.jpg
©jrapijr

eto ang hinihintay kong ipost meron pa nga barge with crane ata yun last ko nakita jan...

Will Alphaland build Casinos also in Bay City?

Will Alphaland build Casinos also in Bay City?

Not at the moment. But I hope they can. Competition is good.

http://www.bworldonline.com/content.php?section=Corporate&title=Alphaland-allots-P4.8-billion-for-seven-projects-this-year&id=68056

Posted on April 02, 2013 10:45:02 PM

Alphaland allots P4.8 billion for seven projects this year

UPSCALE property firm Alphaland Corp. is ramping up its spending this year by nearly 10% versus the previous year, allotting roughly P4.8 billion to bankroll the ongoing construction of seven projects currently in various stages of completion, company officials said yesterday.


“We’re spending about P4.8 billion this year in capital expenditures. Last year we spent P4.4 [billion], so it’s slightly higher,” Marriana H. Yulo, Alphaland chief finance officer, told reporters following the company’s annual stockholders’ meeting at Alphaland Southgate Mall in Makati when asked about the firm’s spending plans this year.

“Bulk of that will be for Makati Place because we want to finish the three towers already,” Mario A. Oreta, Alphaland president, added in a separate interview.

Mr. Oreta was referring to Alphaland Makati Place, a mixed-use tower located on a one-hectare lot on the corner of Ayala Avenue Extension and Malugay Street in Makati.

The project is comprised of three residential towers atop a six-level podium (opening next year) as well as a shopping center, and a two-hectare City Club (both opening in the second half).

Aside from Makati Place, Ms. Yulo said Alphaland plans to spend on the ongoing construction of:

• Alphaland Tower, a 34-level office building along Ayala Avenue in Makati City with a gross floor area of 67,909 square meters;

• Alphaland Bay City, a 32-hectare mixed-use development within Aseana Business Park in Parañaque, which is home to Alphaland Marina Club (opening in May next year) a yacht club capable of serving 300 vessels, including several yachts;

• Alphaland Southgate Tower, a 20-storey office tower atop a six-storey podium at the corner of Epifanio de los Santos and Chino Roces Avenues in Makati City;

• Alphaland Balesin Island Club, a 409-hectare resort on Balesin Island in Polillo, Quezon consisting of 288 villas housed among seven villages, five of which are already completed (Balesin, Bali, Mykonos, Phuket, and St. Tropez), with the two others, Costa del Sol and Toscana, set to be completed by the second quarter;

• Alphaland Boracay Gateway Country Club, a 500-hectare mixed-use resort complex in Aklan consisting of a polo and country club near Caticlan International Airport; and

• Shangri-La at The Fort, a 577-room, five-star, mixed-use hotel development located on the corner of 5th Avenue and 30th Street in Bonifacio Global City’s premier West Super Block zone, set to open in June next year.

Alphaland jacks up 2013 capex to P5.8 B
http://www.philstar.com/business/2013/04/03/926200/alphaland-jacks-2013-capex-p5.8-b

Ongpin-led property developer Alphaland Corp. will jack up its capital spending this year to more than P5 billion to complete its existing projects. The listed property firm is expanding its membership-only portfolio to cater to clients abroad, officials said yesterday.

“We are spending about P5.8 billion in capital expenditures this year. Last year we spent P4.4 billion,” said Marriana H. Yulo, chief finance officer of Alphaland. “Most of our projects already have project financing lines. We are converting some of our short term loans like the P2-billion loans to a P3-billion project financing line,” Yulo said.

The bulk of the capital spending will be allotted to complete the three-tower, P9-billion. Alphaland Makati Place this year, said Alphaland president Mario Oreta.

The upscale property developer is also completing and expanding this year its Balesin Island Club in Quezon province. Total budget for Balesin is already around P4 billion, up more than P300 million due to the additional 180 villas on top of the existing 120 villas, Yulo said. Oreta said Balesin enjoys robust demand for its club shares. To date, there are 770 shares sold for Balesin, which can sell as much as 7,000 club shares. Oreta said in the next few months, Alphaland will start selling Balesin shares to clients in Hong Kong, Singapore and Japan.

Alphaland is also building the Alphaland Marina Club, which forms part of the 32-hectare Bay City development that will be a mixed-use community.

^^ Napaka aggressive ang Alphaland (Ashmore) sa mga developments nito, matadtaran sana ng glass buildings sa Bay City Development nito. :)

Yung Boracay Country Club yung exciting. That's 500 hectares, the same size as the UP Diliman campus and it will house a Polo Club. Correct me if I'm wrong but the last premiere polo club that was established was in Ayala Alabang, and that was 30-40 years ago.

Aggressive nga ang Alphaland. They're making projects the others aren't willing to do, like a Yacht Club and a Polo Club.

May mga naiingit nga,iniipit siya ng present administration dahil kaibigan ni Ongpin ang mga Arroyos.wala na akong balita sa kaso niya sa DBP behest loan daw.pero may ugong ugong na ang nakikinabang ngayon ay crony ni Pnoy na may ari ng TV station.tingnan na lang natin kapag iba na ang administrasyon.

crony? lopez??? Seryoso ka? hahaha Family friend nila manong oskie sina ongpin and add to that, malaki ang investments ng mga super friends ni nyoynyoy sa alphaland bakit naman maiipit ang project na ito :lol:

crony? lopez??? Seryoso ka? hahaha Family friend nila manong oskie sina ongpin and add to that, malaki ang investments ng mga super friends ni nyoynyoy sa alphaland bakit naman maiipit ang project na ito :lol:

I think its manny pangilinan not the Lopezes.

crony? lopez??? Seryoso ka? hahaha Family friend nila manong oskie sina ongpin and add to that, malaki ang investments ng mga super friends ni nyoynyoy sa alphaland bakit naman maiipit ang project na ito :lol:

^^ insider info... :? bakit naman kaya may drama pang senate investigation for graft ek ek..., nalalagay tuloy sa alanganin ang malaking investments ng super friends... :| sayang, mukhang maganda pa naman 'tong project... :D

^^ insider info... :? bakit naman kaya may drama pang senate investigation for graft ek ek..., nalalagay tuloy sa alanganin ang malaking investments ng super friends... :| sayang, mukhang maganda pa naman 'tong project... :D

tuloy naman ang project na ito. ;)

Alphaland says demand for high-end projects brisk, increases 2013 capex
http://www.interaksyon.com/business/58576/alphaland-says-demand-for-high-end-projects-brisk-increases-2013-capex
By: Krista Angela M. Montealegre, InterAksyon.com. April 3, 2013 5:14 PM

MANILA - Alphaland Corp reported brisk demand for its high-end projects, as the company raised its capital expenditure budget for the year.

Lastly, the Alphaland Marina Club has received reservations from 70 yacht owners. The marina, part of the 32-hectare Alphaland Bay City project near SM Mall of Asia and Solaire Resort & Casino, can accommodate 300 boats and is on track for delivery by May 2014.

(snipped)

good news Alphaland start construct roads on site...

^^

Nice. I just hope Alphaland would launched new projects this year.

crony? lopez??? Seryoso ka? hahaha Family friend nila manong oskie sina ongpin and add to that, malaki ang investments ng mga super friends ni nyoynyoy sa alphaland bakit naman maiipit ang project na ito :lol:

oooohhh so thats why SMC is always favored by the palace when it comes to infrastructure projects over MVP. Kampihan pala

Any updates ?

do they have condos here that faces Manila Bay?

^^HELL! I HOPE NONE! :lol:since alphaland to, mag eexpect ako ng glassy bldgs sa bay. wag puro condo na color white palagi. nakakasira ng skyline. ano to? Panama wanna-be?

^^

I think meron din itong residential condos , di pa lang nila launch . Yeah , I'm also expecting glassy residential condos and office buildings similar to their Makati projects. Don't worry di mahilig ang Alphaland sa white color buildings with matching blue stripes. :lol:


http://www.aseanacity.com/imagez/landuse.jpg

oooohhh so thats why SMC is always favored by the palace when it comes to infrastructure projects over MVP. Kampihan pala

-----------

Kaya nga kailangan ng foreign competition para naman tumaas ng konti pa ang standard sa building and construction design. :)

so excited with Alphaland Bay City project.



Balesin: A promise delivered

By Andrew James Masigan

Published: May 27, 2013

a Marina Club between the MOA complex and Solaire Resort large enough to accommodate 70 luxury seacrafts and whose ocean-side perimeter is a sweeping boardwalk anchored by two iconic hotels on either side

http://www.mb.com.ph/article.php?aid=13894&sid=2&subid=13#.UaK3jrU71ug

Marina club shares will be 1.5 million by next week.

so excited with Alphaland Bay City project.




http://www.mb.com.ph/article.php?aid=13894&sid=2&subid=13#.UaK3jrU71ug

Are the two iconic hotels referring to the Solaire Resort & Casino and the upcoming Conrad Manila?

Aseana City including Alphaland Bay City, Entertainment City and MOA Complex is a massive district in the making....! We really need some iconic structure there or a supertall.

Are the two iconic hotels referring to the Solaire Resort & Casino and the upcoming Conrad Manila?

I hope Alphaland development delivers its promise. Manila needs a facelift!

based from their developents like Southgate Mall, Alphaland Tower and Alphaland Makati Place I am optimistic with Alphaland Bay City :) they are true to their renders

based from their developents like Southgate Mall, Alphaland Tower and Alphaland Makati Place I am optimistic with Alphaland Bay City :) they are true to their renders

DO they design buildings with wow factor? Are there pictures around that someone can share?

^^ :hi: you can check out their corporate website (http://www.alphaland.com.ph/), if you want... :)

^^ :hi: you can check out their corporate website (http://www.alphaland.com.ph/), if you want... :)

Thank you. The link proved to be informative.

DO they design buildings with wow factors? Are there pictures around that someone can share?

If you already knew their projects in Makati, check out Balesin and see the themed architecture of its villages.

^^

I think meron din itong residential condos , di pa lang nila launch . Yeah , I'm also expecting glassy residential condos and office buildings similar to their Makati projects. Don't worry di mahilig ang Alphaland sa white color buildings with matching blue stripes. :lol:


http://www.aseanacity.com/imagez/landuse.jpg


^^ Di kaya mas maunang madevelop ang Circuit Makati kesa Aseana?

^^

I think meron din itong residential condos , di pa lang nila launch . Yeah , I'm also expecting glassy residential condos and office buildings similar to their Makati projects. Don't worry di mahilig ang Alphaland sa white color buildings with matching blue stripes. :lol:


http://www.aseanacity.com/imagez/landuse.jpg
wow may 2nd british school

If you already knew their projects in Makati, check out Balesin and see the themed architecture of its villages.

I just checked out their Balesin website and WOW na WOW. Ganda talaga. Sana ang ALPHALAND City ganun din. Naiiba. Hindi parang cookie-cutter design na lahat na yata ng mga ibang developers ginagawa sa kanilang mga master developments ng kanilang mga projects.

Alphaland to acquire 20 yachts for lease to Marina Club members (http://www.interaksyon.com/business/63675/alphaland-to-acquire-20-yachts-for-lease-to-marina-club-members)

MANILA - The listed property arm of the Ongpin Group aims to tap the "aspirational" market with The Marina Club in Paranaque City scheduled to open next year.

Mario Oreta, Alphaland Corp president, said this is the first time in Asia that a marina is maintaining its own fleet of boats which members may use at a reasonable cost.

"Alphaland Marina Club will buy 20 yachts. We will lease it out to our members. In others, you have to have your own yacht. In our case, majority of our members would not have yachts but have access to yachts," Oreta said.

The marina will have 300 berths for boats of all sizes. It has enjoyed brisk take up for its club shares, having sold 300 shares even as prices have reached P1.5 million per share as of June.

"It's aspirational. People want the life, people want to experience it," said Oreta, adding that the company also attracted yacht owners from the neighboring Manila Yacht Club.

Fronting Alphaland's 32-hectare Bay City, the marina is located between SM Mall of Asia and gaming hub Entertainment City of state-run Philippine Amusement and Gaming Corp.

The marina will have several dining and entertainment options as well as five private dining rooms.

"We're starting on it already. We projected to finish it by the end of next year," Oreta said.

Unlike other property firms building residential projects to capitalize on strong demand for housing, Alphaland is distinguishing itself as a leisure and lifestyle company.

"I don’t think they buy because they want to invest. They buy because they want to enjoy the facilities we have and incidentally, it is a good investment for them because it's appreciating in value," Oreta said.

Alphaland also is working on another big-ticket project with a tourism play, Oreta said without elaborating.

Alphaland is developing The Makati Place, The Balesin Island Club in Lamon Bay, Alphaland Bay City in Paranaque, and Alphaland Boracay. It also owns 20 percent of Shangri-la at The Fort, which will open in 2015.

Last week, the listed firm inaugurated The Alphaland Tower, a 34-storey premium grade office building along Ayala Avenue in the Makati central business district.

Ang ganda nga ng Balesin!

Alphaland to acquire 20 yachts for lease to Marina Club members (http://www.interaksyon.com/business/63675/alphaland-to-acquire-20-yachts-for-lease-to-marina-club-members)

MANILA - The listed property arm of the Ongpin Group aims to tap the "aspirational" market with The Marina Club in Paranaque City scheduled to open next year.

Mario Oreta, Alphaland Corp president, said this is the first time in Asia that a marina is maintaining its own fleet of boats which members may use at a reasonable cost.

"Alphaland Marina Club will buy 20 yachts. We will lease it out to our members. In others, you have to have your own yacht. In our case, majority of our members would not have yachts but have access to yachts," Oreta said.

The marina will have 300 berths for boats of all sizes. It has enjoyed brisk take up for its club shares, having sold 300 shares even as prices have reached P1.5 million per share as of June.

"It's aspirational. People want the life, people want to experience it," said Oreta, adding that the company also attracted yacht owners from the neighboring Manila Yacht Club.

Fronting Alphaland's 32-hectare Bay City, the marina is located between SM Mall of Asia and gaming hub Entertainment City of state-run Philippine Amusement and Gaming Corp.

The marina will have several dining and entertainment options as well as five private dining rooms.

"We're starting on it already. We projected to finish it by the end of next year," Oreta said.

Unlike other property firms building residential projects to capitalize on strong demand for housing, Alphaland is distinguishing itself as a leisure and lifestyle company.

"I don’t think they buy because they want to invest. They buy because they want to enjoy the facilities we have and incidentally, it is a good investment for them because it's appreciating in value," Oreta said.

Alphaland also is working on another big-ticket project with a tourism play, Oreta said without elaborating.

Alphaland is developing The Makati Place, The Balesin Island Club in Lamon Bay, Alphaland Bay City in Paranaque, and Alphaland Boracay. It also owns 20 percent of Shangri-la at The Fort, which will open in 2015.

Last week, the listed firm inaugurated The Alphaland Tower, a 34-storey premium grade office building along Ayala Avenue in the Makati central business district.


Wow, ganun ba kabilis ang paggawa nung project? Pero that is a pleasant development! Sana tuloy tuloy na ang pag arangkada ng Alphaland!

Wow, ganun ba kabilis ang paggawa nung project? Pero that is a pleasant development! Sana tuloy tuloy na ang pag arangkada ng Alphaland!

I think they're just referring to the Marina itself, not the whole complex.

Alphaland enjoys robust sales fromn upscale clubs
http://www.philstar.com/business/2013/06/10/952099/alphaland-enjoys-robust-sales-fromn-upscale-clubs

“We’re starting [the construction of Alphaland Bay City] already. We projected to finish it by the end of next year,” Oreta said.

The yacht club, which will have 300 berths for all boat sizes, forms part of the 32-hectare Bay City mixed-use development.

https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-ash3/156315_10151298708742530_152095393_n.jpg
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-ash4/734836_10151298708697530_1616548271_n.jpg
break water rocks

https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-ash3/552641_10151298711322530_795549093_n.jpg
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-prn1/552721_10151298710947530_499768228_n.jpg