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Taguig For projects in Bonifacio Global City, McKinley Hill and other parts of the city



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Old December 20th, 2011, 09:52 AM   #1
InfinitiFX45
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BGC | The Maridien [38F|res|u/c]

ALVEO's The Maridien @ High Street South [38F|res|u/c] at BGC, Taguig City













Source: http://www.alveoland.yolasite.com/high-street-south.php
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Old December 20th, 2011, 09:56 AM   #2
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nice another bldg in bgC
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Old December 20th, 2011, 06:03 PM   #3
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kelan kaya maalis yung the fort strip? para malagyan na rin ng mga buildings
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Old January 18th, 2012, 06:51 AM   #4
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Great news for Bonifacio Global City! Seems like this unprecedented construction boom we're experiencing will still continue and go on! Looks like demand is still going strong like most articles are saying. That's good there's no bubble yet for now!

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Originally Posted by RonnieR View Post
A huge investment by Ayala Land! That's US$1.39 Billion.

Ayala Land to invest P60B in new Bonifacio development
abs-cbnNEWS.com
Posted at 01/17/2012 4:42 PM | Updated as of 01/17/2012 4:49 PM

MANILA, Philippines - Ayala Land Inc. (ALI) on Tuesday said it is investing P60 billion to develop its newest mixed-use development, High Street South, in Bonifacio Global City, Taguig.

In a press conference, Alveo Land head of project development Jennylle Tupaz said the company is investing P60 billion over 25 years for the construction of 12 to 18 towers in High Street South. This would include residential condominiums, office buildings, hotels and shopping malls.

The 7.6-hectare High Street South is envisioned as a "cultural urban district" in Bonifacio Global City.

To jumpstart the High Street South development, ALI unit Alveo Land unveiled its first residential tower Maridien.


Maridien is a 33-storey condominium building, with 511 units. Prices start at P4.4 million for a studio to P26.1 million for urban villas.

Tupaz said the company expects to generate P5.1 billion in sales from Maridien. Capital investment in the project is valued at P3.5 billion.

Maridien units have been selling like hotcakes so far. Tupaz noted at a recent priority selling event, 222 units, representing 44% of total units, were sold.
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Old January 18th, 2012, 08:01 PM   #5
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Alveo to develop 'visionary' P60-B township in Bonifacio Global City

by JAMES A. LOYOLA | Manila Bulletin | January 17, 2012 | 11:21pm

MANILA, Philippines — Alveo Land Inc., the upper middle market unit of Ayala Land Inc., is investing P60 billion over 25 years to develop Alveo Land High Street South — a visionary urban development project in Bonifacio Global City in Taguig.

In a press briefing, Alveo project development head Jennylle Tupaz said the township project will be developed on an 7.6-hectare lot equivalent to three city blocks.

The property is owned by Fort Bonifacio Development Corporation and Alveo will be developing it in a 50-50 partnership with Evergreen Holdings Inc. of the Campos family.

It will have around 12 to 18 residential towers as well as commercial areas in the ground floor. However, Tupaz said it is also possible that they may put up some office buildings instead of residential condominiums.

Read More: http://www.mb.com.ph/articles/348429...io-global-city
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Old January 20th, 2012, 09:01 AM   #6
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I hope that they put more office buildings in this office block. The area is really mixed use with a strong emphasis for office buildings. Look at 32nd st.

BGC can't be great if it's more residentials again. Just my opinion.

I hope Ayala would opt to put more office skyscrapers in BGC.

That's why I like the Net group which single handedly built the office buildings in BGC.
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Old January 20th, 2012, 10:24 AM   #7
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Quote:
Originally Posted by dunamis View Post
I hope that they put more office buildings in this office block. The area is really mixed use with a strong emphasis for office buildings. Look at 32nd st.

BGC can't be great if it's more residentials again. Just my opinion.

I hope Ayala would opt to put more office skyscrapers in BGC.

That's why I like the Net group which single handedly built the office buildings in BGC.


totally agree. more office buildings !

It will have around 12 to 18 residential towers as well as commercial areas in the ground floor. However, Tupaz said it is also possible that they may put up some office buildings instead of residential condominiums.

di pa pala sigurado office bldgs.
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Old January 20th, 2012, 05:38 PM   #8
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Quote:
Originally Posted by august88boy View Post
totally agree. more office buildings !

It will have around 12 to 18 residential towers as well as commercial areas in the ground floor. However, Tupaz said it is also possible that they may put up some office buildings instead of residential condominiums.

di pa pala sigurado office bldgs.
I think that Fort Bonifacio should start building office space... because in the long run, if not.. the condos will all end up empty, to many residential condos and not enough tenant... they should try to follow makati business district... there are enough office space, thats why there are more demand for condo rentals.
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Old January 20th, 2012, 06:46 PM   #9
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Quote:
Originally Posted by boogieman909 View Post
I think that Fort Bonifacio should start building office space... because in the long run, if not.. the condos will all end up empty, to many residential condos and not enough tenant... they should try to follow makati business district... there are enough office space, thats why there are more demand for condo rentals.
There are more or less 20 office buildings currently underconstruction/proposed in BGC.

Underconstruction
1. Globe Headquarters (27 F)
2. NAC Tower (30 F)
3. Eco Tower (30 F)
4. RCBC Savings tower (34F)
5. W 5th Avenue (30F)
6. Net Lima (28F)
7. Bench Tower (23 F)
8. Cliff Center (12F)
9. W Global Center (7F)
10.Grand Hyatt (30F office/ 36F hotel))
11. Icon Plaza (10F office/30F residential))
12. Beaufort (7F office/36F residential)
13. Sunlife HQ (14F)

Proposed
1. One World Place (35 F)
2. Alveo HQ (7 F)
3. Net Park ( 48 F)
4. PSE ( ?F)
5. Uptown Place ( 4 towers)
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Old January 21st, 2012, 12:41 AM   #10
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Quote:
Originally Posted by reign View Post
There are more or less 20 office buildings currently underconstruction/proposed in BGC.

Underconstruction
1. Globe Headquarters (27 F)
2. NAC Tower (30 F)
3. Eco Tower (30 F)
4. RCBC Savings tower (34F)
5. W 5th Avenue (30F)
6. Net Lima (28F)
7. Bench Tower (23 F)
8. Cliff Center (12F)
9. W Global Center (7F)
10.Grand Hyatt (30F office/ 36F hotel))
11. Icon Plaza (10F office/30F residential))
12. Beaufort (7F office/36F residential)
13. Sunlife HQ (14F)

Proposed
1. One World Place (35 F)
2. Alveo HQ (7 F)
3. Net Park ( 48 F)
4. PSE ( ?F)
5. Uptown Place ( 4 towers)
Thanks for this info. In this specific area of Bonifacio High Street South is very conducive for office buildings being close to High Street.

Even the old masterplan of HOK for BGC has the Capital Place close to where the High Street South is located. How I wish that they would have constructed landmark office buildings like the Enterprise and Ayala Tower One in this area.

Or maybe they will! Let's keep our fingers crossed.
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Old January 21st, 2012, 12:45 AM   #11
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i think Fort Victoria also has around 5 or 6 floors of office space.
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Old January 21st, 2012, 02:49 AM   #12
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Just as I wouldn't tell Toyota how to build cars, I shouldn't tell Ayala how to build BGC.
They developed Makati CBD, they absolutely know how to develop BGC beyond our comprehension.
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Old January 21st, 2012, 08:55 AM   #13
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magpasalamat kamo kay marcos, ginamit niya ang ayala para magkaroon ng central business district sa pinas
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Old January 21st, 2012, 05:59 PM   #14
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Since this project has launched, I was deciding whether to get a unit here, or to wait for the new project of Ayala Premier launching this year near Mind Museum. I went with the latter.

I have been hearing much good stuff about the High Street South project, and I am thinking I might be even more interested in this, despite being an Alveo project, due to the location and having more commercial area.

I am thinking about a 2 Bedroom, however, I believe all units facing the park are sold out. I am willing to wait for the second tower to launch, but question is, does anyone know if the new tower will be right beside the Maridien facing the park, or will it be on the opposite side facing the Trion tower, since there are 4 lots alloted for High Street South condos?

Thanks in advance!
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Old January 21st, 2012, 11:38 PM   #15
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Quote:
Originally Posted by TheEngineer View Post
Just as I wouldn't tell Toyota how to build cars, I shouldn't tell Ayala how to build BGC.
They developed Makati CBD, they absolutely know how to develop BGC beyond our comprehension.
Haha so true. Ayala know what they are doing.
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Old January 24th, 2012, 01:34 AM   #16
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Quote:
Originally Posted by reign View Post
There are more or less 20 office buildings currently underconstruction/proposed in BGC.

Underconstruction
1. Globe Headquarters (27 F)
2. NAC Tower (30 F)
3. Eco Tower (30 F)
4. RCBC Savings tower (34F)
5. W 5th Avenue (30F)
6. Net Lima (28F)
7. Bench Tower (23 F)
8. Cliff Center (12F)
9. W Global Center (7F)
10.Grand Hyatt (30F office/ 36F hotel))
11. Icon Plaza (10F office/30F residential))
12. Beaufort (7F office/36F residential)
13. Sunlife HQ (14F)

Proposed
1. One World Place (35 F)
2. Alveo HQ (7 F)
3. Net Park ( 48 F)
4. PSE ( ?F)
5. Uptown Place ( 4 towers)
That's a lot, but is it enough? Not everyone who works there will be able to rent the expensive condos within BGC. The rent for a typical 1 bedroom with parking is 45k and up. They have to make at least 100k to be able to live there. What if they have a family and need something bigger than a typical 45 sqm unit? If they can afford to pay that much for rent, wouldn't they rather buy a house and commute to work? It's not like they can afford to send their kids to go to the international schools nearby.

If the 3 towers in Trion Towers are completed, that small block would already supply 2,146 units. Across the block is Serendra Two, another 3 tower which is another 2,000+ units. There's also Park West, Park East, One Uptown, and Avida, and there's also the West and East tower on Serendra. All will be available and dump on the market by 2016. That's when we'll see what the market will really be like.

In my opinion, it would be the 2 bedroom units (and above) that will command premium price not the 1-bedroom and studios. They are for families who wish to stay there and go to the expensive school there. The salarymen can't afford to live there. The 1-bedroom and studios will see their rent value go down as projects are being completed one by one.

The developers aren't developing this township with renters in mind, their goal is to sell and move on to the next project.

Last edited by jcdak; January 24th, 2012 at 06:30 AM.
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Old January 24th, 2012, 02:11 AM   #17
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There's also a lot of foreigners living in the condos now in the fort.
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Old January 28th, 2012, 04:45 AM   #18
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Quote:
Originally Posted by sun-tex View Post
magpasalamat kamo kay marcos, ginamit niya ang ayala para magkaroon ng central business district sa pinas
Maganda kasi vision ni Marcos kahit na ganun siya...pero ngayon go Philippines...
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Old January 29th, 2012, 01:33 AM   #19
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wish some developers come up with floor plans similar to this.
huge closet space.


http://themeridiandc.com/


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Old January 29th, 2012, 12:01 PM   #20
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nice project

Last edited by chillendawg; January 29th, 2012 at 12:07 PM.
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