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Old December 1st, 2011, 10:34 AM   #1
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MANILA | Eton Residences Greenbelt | 150m + | 39 fl | Com

Eton Properties Philippines Inc., the newly formed property firm of airline and tobacco tycoon Lucio Tan, has lined up seven real estate projects as its initial salvo in the real estate industry.


Eton Properties president Danilo Ignacio told reporters that the company was preparing the blueprint of its first high-rise residential condominium project in the country, the Eton Greenbelt Residences.


The company, which will assume the assets of Balabac Resources and Holdings, declined to give the total cost of the Eton Greenbelt project but sources said it could cost over P1 billion.


The project will rise on a 1,700-square meter property of flag-carrier Philippine Airlines Inc., another Lucio Tan-owned company.


Eton Properties is in talks with PAL for the development of the property, where PAL head office is located, into a 39-story high-end residential condominium. The project will feature one-bedroom, two-bedroom, and tree-bedroom units. A one-bedroom unit will cost about P4 million.
Ignacio said the company would launch the project in the next one or two months.


Ignacio plans to prepare a master plan and feasibility studies for the Eton Greenbelt and initiate negotiations with six other properties, which are owned by the members of Lucio Tan group of companies.
The six other properties include the four lots within an area of about 7,000 sq. m. on Ortigas central business district for middle-income high-rise residential condominium and office building development; a choice lot at corner of Roxas Boulevard and T.M Kalaw for middle-income high-rise residential condominium; and a 1-ha project located along Pasong Tamo for possible residential condominium as well as hotel, retail and office building project.


Eton Properties also plans to develop a 10-ha property located along Edsa corner Quezon Avenue for a mixed use development consisting of mall, high-end residential condominium and BPO office buildings; a 10,000-ha property at Sta. Rosa and Cabuyao, Laguna for possible township projects, consisting of commercial, residential, institutional, leisure/retirement and hotel project, and a 36-hectare property at Mactan, Cebu for possible hotel, residential, leisure and retirement development.
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Old December 1st, 2011, 10:34 AM   #2
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eton tower

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Old December 1st, 2011, 10:36 AM   #3
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eton tower

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Old January 20th, 2012, 12:00 PM   #4
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Old February 4th, 2012, 01:40 PM   #5
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Old March 19th, 2012, 04:05 PM   #6
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..finishing
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Old March 22nd, 2012, 01:00 PM   #7
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Old March 29th, 2012, 04:25 PM   #8
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I think you mean "turnover will START around April/May 2012"
Interesting how the Eton Website still does not even reference Turnover.

Hmmm.....
Turnover
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Old May 2nd, 2012, 10:56 AM   #9
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Taken from my phone's camera.
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Old September 9th, 2012, 12:29 PM   #10
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