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Old November 2nd, 2011, 01:48 PM   #1
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MANILA | Admiral Baysuites | 179m | 53 fl | T/O

Anchor Land has acquired the historic Admiral Hotel from the Lopez-Araneta family, a move that forms part of its planned investment in Manila’s famous bayfront.

The company plans to renovate the original hotel building, which was completed in 1939 and served as important social destination during the pre-World War II era, into a 5-star boutique hotel.

An upscale twin tower condominium will rise on the adjacent property.

http://www.anchorlandholdings.com/pr...baysuites.html
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Old November 2nd, 2011, 01:48 PM   #2
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Old November 2nd, 2011, 01:49 PM   #3
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Old November 2nd, 2011, 01:51 PM   #4
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Old December 1st, 2011, 10:05 AM   #5
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Old February 26th, 2012, 11:12 AM   #6
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Admiral Baysuites luxury condo enjoying brisk sales - Anchor Land


By Zinnia B. Dela Peña (The Philippine Star) Updated July 08, 2011 12:00 AM

Manila, Philippines - Binondo-based upscale developer Anchor Land Holdings Inc. said its planned 53-story luxury residential condominium, Admiral Baysuites, is enjoying brisk sales with more than 90 percent of the West Wing already taken up.

Anchor Land vice-chairman Steve Li said the project, which will rise along the former site of the historic Admiral Hotel along Roxas Boulevard, offers the most opulent residential living with some units measuring a staggering 1,000 square meters each – the first of its kind in the country.

Li said the 1,000-sqm units come with their own swimming pool.

On top of the regular amenities found in most residential condominium buildings, Admiral Baysuites offers a limousine service, yacht cruise in Manila Bay and a cigar room and wine cellar to unit owners, among others.

Li said more than 90 percent of the West Wing, which houses 69 units, are now sold.

“This is history’s new luxury address. The Admiral Baysuites will reflect the rich and the elegant history of Admiral Hotel and we will leave no stone unturned to make this a phenomenal success,” said Stephen Lee, chairman of Anchor Land.

Aside from the posh residential condominium, Anchor Land is redeveloping the iconic area into a European-inspired boutique hotel that features white gloved service and six-star amenities.

Li said the company is also set to start construction of its first venture into the single-detached housing market through Clairemont Hills Parksuites in suburban San Juan City.

Clairemonte Hills will feature an exclusive cluster of single detached units surrounding a taller central structure that will also offer posh condominium suites with extraordinarily large cuts.

The company sees its capital expenditures reaching a record P5.5 billion this year as it embarks on an aggressive expansion to capitalize on the booming property market.

Funding for the company’s expansion will come from a combination of internally-generated cash and debt.

Li said management is also seriously considering boosting its public float to enhance liquidity of its stock.

Projects in full swing are The SoleMare Parksuites near Macapagal Boulevard at the ASEANA Business Park, the Anchor Skysuites along Ongpin St. in Binondo, and the Wharton Parksuites along Masangkay St., also in Binondo.

The company expects its sales to hit more than P3 billion this year.

Anchor Land reported a 52 percent jump in net profit last year to P566 million from P373 million while earnings per share climbed to P1.63 from P1.08 in 2009. Revenues grew 63 percent to P2.66 billion.[/QUOTE]
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Old March 17th, 2012, 02:52 PM   #7
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Old March 29th, 2012, 01:30 PM   #8
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Anchor Land allots P4.5 billion for projects, land banking
By Zinnia B. Dela Peña (The Philippine Star)
Updated March 29, 2012 12:00 AM Comments (0)

MANILA, Philippines - Riding on opportunities created by the local real estate boom, Anchor Land Holdings Inc. is shelling out P4.5 billion this year to launch six new residential buildings and expand existing projects, as well as beef up its land bank, a top company official said.

In a briefing, Anchor Land chief finance officer Neil Y. Chua said funding for this year’s projects will come from a mix of bank loans and internally-generated cash.

Anchor Land president Elizabeth Ventura said the company intends to further strengthen its position in the industry by continuing to create new markets, expanding its current bestsellers, and boosting its portfolio of commercial projects that should provide more recurring income in the near to medium term.

The new projects include Oxford Parksuites, Clairemont Hills, Admiral Baysuites II, SoleMare Parksuites Phase III, One Executive Suites and One Soler.

Aiming to duplicate the success of Wharton ParkSuites in Chinatown’s “university belt”, the company is building another residential condominium to be called Oxford Parksuites, targeting those who send their children to prestigious Chinese learning institutions in the area.

Ventura said the company is pursuing a low-density development in San Juan City, dubbed Clairemont Hills which will feature clusters of three-story townhomes and a medium-rise condominium at the center.

Anchor Land likewise acquired a prime property near its Admiral Hotel redevelopment project along Roxas Blvd. The company intends to put up a premium commercial office building that will be fully leased out to businessmen and investors.

Capitalizing on the robust take-up of its most successful project by far, the company will implement Phase 3 of SoleMare Parksuites, offering bigger and better amenities. The entire project, consisting of four medium-rise condominium towers, is located within Pagcor’s Entertainment City, which is seen to be Asia’s next Las Vegas.

One Executive Suites will serve as the residential component of Two Shopping Center in Pasay City, Anchor Land’s successful foray into the commercial development segment. It will cater exclusively to traders and wholesalers in the Baclaran bargain shopping district.

Another commercial development in the pipeline is the 18-story One Soler, which is located in Divisoria, one of the country’s oldest commercial and trading centers.

Anchor Land reported a 49 percent jump in net profit last year P842 million, marking the fifth year of consecutive income and revenue growth since its listing in 2007.
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Old April 28th, 2012, 12:16 PM   #9
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day view



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as of april 22, 2012..
the latest
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Old April 28th, 2012, 01:11 PM   #10
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image source: www.anchorlandholdings.com
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Old July 15th, 2012, 01:30 PM   #11
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Old August 4th, 2012, 11:02 AM   #12
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A better render - better late than never



Admiral Baysuites: Property Specifications

Located at 2138 Roxas Boulevard, Manila, Philippines
Features views of Manila Bay and the Makati City skyline
Total Height: 178.60 meters from Ground Level to the apex of helipad
53 levels above surface including ground floor commercial and lobby areas
41 levels for residential units including bi-level penthouse
8 levels of parking (634 parking slots for cars, 56 slots for motorcycles)
2 levels for amenities, totaling 4061.62 square meters

skywave

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I think they're now on the fifth or sixth level based on what I saw last Monday.
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Old September 2nd, 2012, 10:20 AM   #13
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latest!
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Old September 24th, 2012, 11:44 AM   #14
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nice
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Old October 18th, 2012, 03:08 PM   #15
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Quote:
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Taken on Oct. 14, 2012 by ERIC OEBANDA

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Manila another Angle by ERIC OEBANDA, on Flickr

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ride by ERIC OEBANDA, on Flickr
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Old December 10th, 2012, 12:26 PM   #16
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latest
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Old March 23rd, 2013, 08:12 AM   #17
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Old August 23rd, 2013, 03:01 PM   #18
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Old December 3rd, 2013, 06:23 AM   #19
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Old January 12th, 2014, 02:43 PM   #20
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