daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Asian Forums > Philippine Forums > Projects and Construction > Metro Manila Projects on the Rise > Manila City and the rest of the Metro

Manila City and the rest of the Metro For projects in Manila City, Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Parañaque, Pasay, Pateros and Valenzuela



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old October 14th, 2005, 03:27 AM   #1
sandrin
BANNED
 
sandrin's Avatar
 
Join Date: Feb 2005
Location: East of the Sun, West of the Moon
Posts: 321
Likes (Received): 9

Newport City | Pasay City - Compiled Threads

A new residential resort (Marriot Hotel) & business center to rise at the Villamor AB near NAiA3.

Does anybody have a rendering or is it too early to tell.


Megaworld allots billions of pesos for Newport City
By Cai U. Ordinario, Researcher

PROPERTY developer Megaworld Corp. is setting aside billions of pesos for a high-class resort hotel and residential area beside the contested third terminal of the Ninoy Aquino International Airport and the 18-hole Villamor Air base golf course.

Set to be completed in three years at the earliest, Newport City is a joint venture among Megaworld, the Bases Conversion Development Authority (BCDA), and world-class Marriott Hotels.

The project is located in a 25-hectare lot owned by state-run BCDA, which stands to share in the proceeds of the development under an agreement forged with Megaworld, the company’s investor relations officer, John Hao, said.

“Its a normal joint venture with BCDA. Proceeds are split between the landowner and the developer. It varies depending on the type of development. [It can be] 70-30 percent to 80-20, in favor of Megaworld,” Hao said.

Megaworld is allotting P7 billion for the first phase of the development, which includes the 3.2-hectare residential resort and the 350-room Marriott Hotel, touted as the first of its kind in Metro Manila. Preselling of the residential units is ongoing.

The second phase would include several buildings eyed for business process outsourcing and call-center companies. A budget has yet to be drawn up for the second phase since the actual layout is still on the drawing board.

Under its joint venture agreement with Marriott, Mega*world will spend for the construction and pay the hotel operator a management fee for running the place.

Hao said the funds for the project would be internally generated, with preselling proceeds bankrolling the construction of the residential units. The units would be sold to high-end customers. A small 36.5-square meter-studio is selling for P1.9 million, while bigger units such as a 73-square meter two-bedroom combined unit fetches P3.8 million.

Other facilities include indoor badminton courts, tennis courts, pools, and small garden pockets scattered throughout the development.

Megaworld is also developing four other projects, including the 16-hectare Eastwood City, 50-hectare Mckinley Hill, and the Araneta Center Development, which would connect the Metro Rail Transit on EDSA and the Light Rail Transit on Aurora Boulevard.
sandrin no está en línea   Reply With Quote

Sponsored Links
 
Old October 14th, 2005, 04:40 AM   #2
bustero
Registered User
 
bustero's Avatar
 
Join Date: Dec 2004
Posts: 6,047
Likes (Received): 3

I think we have an existing thread on this.
__________________
towards a livable city...
bustero no está en línea   Reply With Quote
Old October 14th, 2005, 09:51 AM   #3
3cr
Atenista sa Frisco
 
Join Date: Sep 2005
Location: San Andreas Fault
Posts: 8,768
Likes (Received): 729

Megaworld earmarks P7B for mixed-use proj near NAIA-3
By Zinnia B. Dela Peña
The Philippine Star 10/14/2005


Upscale developer Megaworld Corp. is setting aside P7 billion over the next three to four years for the development of the first phase of Newport City, a mixed-use project near the Ninoy Aquino International Airport Terminal 3.

A joint venture with the Bases Conversion Development Authority, Newport City is envisioned as the home of the metro’s first and only paradise resort residences. It is also expected to be at par with top hotel and golf resorts in Asia.

Megaworld investor relations officer John Hao said the first phase involves the construction of the 350-room Marriott Hotel, a nature-centered residential area and a commercial-and-sport complex.

The hotel, to be managed by Marriott Hotels International B.V., is slated for completion in 2008. It is the first Marriott Hotel in Metro Manila and the second in the country after Cebu.

Hao said most of the capital expenditures for the project will be financed with internally-generated funds.

The company has already started pre-selling its residential units with prices ranging from P1.9 milllion to P3.2 million.

The second phase includes the development of a business park and a themed shopping and entertainment hub.

Megaworld expects to generate P150 million in recurring income a year from the airport hotel and retail and commercial operations.

Megaworld said its valuation of the property is actually lower than the government’s earlier assessment.

Megaworld focuses on the middle to high-end residential and office markets. It also has 43 percent owned subsidiary Empire East that caters to the lower to middle income market segment.

The company’s flagship development is Eastwood City, a 16-hectare cyberpark and mixed-use project. It is host to nearly one in every four business process outsourcing firms in the country like the call center operations of IBM and Citibank N.A.

Megaworld expects strong growth in the Philippine real estate sector this year as it aims to sustain the 30 percent net profit growth in the past two years.

The property developer had credited call centers for raising occupancy rates and rents in office buildings in Manila during the last three years.

Another major project is the 52-hectare residential enclave dubbed Mckinley Hill in Bonifacio Global City, which is expected to generate P16 billion in lot sales and P450 million in lease earnings every year.

Megaworld will spend around P8 billion over 10 years to fully develop McKinley Hill, a joint development with the government. The government owns the property, which used to be a part of a sprawling army camp near the financial district of Makati.
3cr no está en línea   Reply With Quote
Old October 14th, 2005, 10:50 AM   #4
OtAkAw
BUMMED
 
OtAkAw's Avatar
 
Join Date: Aug 2004
Location: Makati
Posts: 2,431
Likes (Received): 236

I cant help but notice that most of the names of new things coming up in the metro are very famous foreign ones. The SoHO, which is a dept store, Bellagio which is a hotel in LasVegas, whatelse? Kensigton I think and many others, just search for them and now Newport? From Newport Beach which is a popular high-end residential area/city/etc in Orange County. Why not like Makiling City or Malarayat Condominiums?
__________________
I blog. Sometimes.
OtAkAw no está en línea   Reply With Quote
Old October 14th, 2005, 10:54 AM   #5
OtAkAw
BUMMED
 
OtAkAw's Avatar
 
Join Date: Aug 2004
Location: Makati
Posts: 2,431
Likes (Received): 236

Add to that the Lancaster Residence in Cebu and the Kensington in FB, all hailed from UK, Fullerton Place which is basically the hotel in Spore, Fifth Avenue Place which is obviously Fifth Avenue in New York, cant we have a little bit of originality? There are so many aesthetically pleasing Filipino names out there.
__________________
I blog. Sometimes.
OtAkAw no está en línea   Reply With Quote
Old October 14th, 2005, 04:19 PM   #6
marites4
Registered User
 
Join Date: Aug 2005
Posts: 860
Likes (Received): 1

But you know what sells to FIlipinos . IMPORTED! sad sad sad. so developers and marketers follow suit.
marites4 no está en línea   Reply With Quote
Old October 14th, 2005, 06:21 PM   #7
dancethingy
Registered User
 
dancethingy's Avatar
 
Join Date: Feb 2004
Posts: 1,031
Likes (Received): 4

funny how what sells to me has to be Filipino made or Filipino inspired.
dancethingy no está en línea   Reply With Quote
Old October 15th, 2005, 01:46 AM   #8
geebeng
Registered User
 
Join Date: May 2005
Location: Camarillo, California
Posts: 410
Likes (Received): 0

mee too, i like flip inspired, just can't afford them --- rizal, manansala, luna at rockwell,serendra at fort bonifacio, one roxas triangle, and the Pacific Plaza
geebeng no está en línea   Reply With Quote
Old October 15th, 2005, 01:49 AM   #9
marites4
Registered User
 
Join Date: Aug 2005
Posts: 860
Likes (Received): 1

i think the ones who can appreciate are the overseas pinoys. the local ones haven't caught on. It's interesting how one's perspective is altered once you've stepped out of the box.
marites4 no está en línea   Reply With Quote
Old October 15th, 2005, 05:21 AM   #10
thomasian
Moderator
 
thomasian's Avatar
 
Join Date: Dec 2002
Location: Dakota Harrison Plaza
Posts: 7,600
Likes (Received): 579

Quote:
Originally Posted by OtAkAw
I cant help but notice that most of the names of new things coming up in the metro are very famous foreign ones. The SoHO, which is a dept store, Bellagio which is a hotel in LasVegas, whatelse? Kensigton I think and many others, just search for them and now Newport? From Newport Beach which is a popular high-end residential area/city/etc in Orange County. Why not like Makiling City or Malarayat Condominiums?
Add to that Eastwood's Orchard Road which is taken from Singapore, One Central Park, the three Lafayette condominiums which is from France, The Grand Eastwood Palazzo which sounds Italian.

California Garden Square's Anaheim, Burbank, Carlton, Dayton, El Dorado and Fairfax clusters also sounds foreign.

...and don't forget Forbeswood Heights' towers which are named, Agoho, Bauhinia, Cambridge, Dorchester, Evergreen and Florida.

Another one is Hamptons Place at BGC... and the list goes on.
__________________
The SSC Philippines' Resident Twink is back!!!
thomasian no está en línea   Reply With Quote
Old October 15th, 2005, 05:35 AM   #11
dancethingy
Registered User
 
dancethingy's Avatar
 
Join Date: Feb 2004
Posts: 1,031
Likes (Received): 4

It's weird because aren't these developments aimed more toward balikbayans? Maybe they don't know that balikbayans appreciate the Filipino-ness of residential developments rather than their foreign-ness.
dancethingy no está en línea   Reply With Quote
Old October 15th, 2005, 10:08 AM   #12
OtAkAw
BUMMED
 
OtAkAw's Avatar
 
Join Date: Aug 2004
Location: Makati
Posts: 2,431
Likes (Received): 236

Baka wala nalang maisip na pangalan. hehehehhe...
__________________
I blog. Sometimes.
OtAkAw no está en línea   Reply With Quote
Old October 15th, 2005, 11:42 AM   #13
3cr
Atenista sa Frisco
 
Join Date: Sep 2005
Location: San Andreas Fault
Posts: 8,768
Likes (Received): 729

More Details on New Port City Development...
(taken from PinoyBroker.com)

New Port City is a 25 hectare urban resort development beside Villamor Golf Course. It will have the world class Marriott Hotel as a global partner to the development. Adjacent to the hotel are low density residential resort clusters, sports club, a Central Plaza commercial and entertainment hub that will be lined with quaint and cozy restaurants and also a business and technology park as well.

About the Residential Resort:
A few steps from the hotel is a secured 3.2 hectare residential enclave. Similar to Marriott Hotel, this low density residential area is also a resort, spa and located beside the Villamor golf course which could provide you a relaxing view of greenery in the city. The Residential Resort is comprised of mid rise Mediterranean inspired clusters. There are 3 phases: Montecito, Sarasota, and Pinehurst. Each phase would have varied resort amenities like pools, outdoor spa, playground, reflexology paths, butterfly gardens, aviar, putting greens, tennis courts, fitness statin, bridge, pond and indoor badminton courts.

Renderings of New Port City development can be seen at: http://www.pinoybroker.com/forum/ind...showtopic=4577
3cr no está en línea   Reply With Quote
Old October 15th, 2005, 02:14 PM   #14
rmn
Registered User
 
Join Date: Nov 2004
Posts: 194
Likes (Received): 0

Quote:
Originally Posted by thomasian

...and don't forget Forbeswood Heights' towers which are named, Agoho, Bauhinia, Cambridge, Dorchester, Evergreen and Florida.
These names were taken from the streets in Forbes Park. Yeah, local developers like using foreign sounding names. Timberland Heights anyone?
__________________
Hi! Rise!
rmn no está en línea   Reply With Quote
Old October 15th, 2005, 04:42 PM   #15
marites4
Registered User
 
Join Date: Aug 2005
Posts: 860
Likes (Received): 1

SAna linisin nila Manila Bay para lalong mas maganda to.
marites4 no está en línea   Reply With Quote
Old October 15th, 2005, 04:43 PM   #16
geebeng
Registered User
 
Join Date: May 2005
Location: Camarillo, California
Posts: 410
Likes (Received): 0

California Garden Square's Anaheim, Burbank, Carlton, Dayton, El Dorado and Fairfax clusters also sounds foreign.

Disneyland is in Anaheim, Burbank is a city in Los Angeles County, Fairfax is a street in Los Angeles
geebeng no está en línea   Reply With Quote
Old October 15th, 2005, 07:48 PM   #17
tyronne
Khal vezhven!
 
tyronne's Avatar
 
Join Date: Nov 2004
Location: Villasis, Pangasinan, PH
Posts: 2,038
Likes (Received): 41

Quote:
Originally Posted by 3cr
More Details on New Port City Development...
(taken from PinoyBroker.com)

New Port City is a 25 hectare urban resort development beside Villamor Golf Course. It will have the world class Marriott Hotel as a global partner to the development. Adjacent to the hotel are low density residential resort clusters, sports club, a Central Plaza commercial and entertainment hub that will be lined with quaint and cozy restaurants and also a business and technology park as well.

About the Residential Resort:
A few steps from the hotel is a secured 3.2 hectare residential enclave. Similar to Marriott Hotel, this low density residential area is also a resort, spa and located beside the Villamor golf course which could provide you a relaxing view of greenery in the city. The Residential Resort is comprised of mid rise Mediterranean inspired clusters. There are 3 phases: Montecito, Sarasota, and Pinehurst. Each phase would have varied resort amenities like pools, outdoor spa, playground, reflexology paths, butterfly gardens, aviar, putting greens, tennis courts, fitness statin, bridge, pond and indoor badminton courts.

Renderings of New Port City development can be seen at: http://www.pinoybroker.com/forum/ind...showtopic=4577
3cr, do u mind posting the rendering here? i went to that site, i even registered, but for some reason the attached image isn't showing. thanks
__________________
Twitter: @terong0918 | Instagram: @terong0918 | WeChat: tyronne0918 | BBM Pin: 7a5293b6
tyronne no está en línea   Reply With Quote
Old October 15th, 2005, 07:51 PM   #18
ryanr
Registered non-User
 
Join Date: Sep 2002
Location: Vancouver
Posts: 7,404
Likes (Received): 12

The renderings in that link are quite conservative and "European"
ryanr no está en línea   Reply With Quote
Old October 15th, 2005, 07:55 PM   #19
tyronne
Khal vezhven!
 
tyronne's Avatar
 
Join Date: Nov 2004
Location: Villasis, Pangasinan, PH
Posts: 2,038
Likes (Received): 41

dear mod, kindly post them here? the picture from that web site isn't showing on my pc for some reason. salamat
__________________
Twitter: @terong0918 | Instagram: @terong0918 | WeChat: tyronne0918 | BBM Pin: 7a5293b6
tyronne no está en línea   Reply With Quote
Old October 15th, 2005, 08:08 PM   #20
Francis20
BANNED
 
Francis20's Avatar
 
Join Date: Sep 2002
Location: Makati
Posts: 1,555
Likes (Received): 1

test: looks nice. pero parang me kulang. parang versailles ang dating.
Francis20 no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 02:22 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.2.5 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu