MAKATI | Eton Parkview Greenbelt [32F|res]

[anone]

^hmmm.. Sep 2008 - Project Bidding? hindi ako familiar sa sistema sa Pinas pero di ba dapat bago pa lang ang demolition ay tapos na ang project bidding?

[criscruz]

Seems like this is a good project! Location wise, it is very close to Greenbelt and the price is not so bad either considering it is an all loft project..

Interesting.

[thomasian]

Originally Posted by -TC-

Redesign...

[-TC-]

Originally Posted by thomasian

Redesign...

This is already the 3rd design if I remember it correctly. Hmm.... but I'm not complaining since it's getting better with each redesign IMO.

Here is a bigger version:

[thomasian]

Even Eton Baypark Manila underwent a series of redesign. Okay, make that a series of upgrades. At least they're all looking better, and better, even before they get built.

[ruralvillage]

ETON PARKVIEW GREENBELT: A Prime Investment in Makati
Philippine Daily Inquirer | December 13, 2008
Source: Eton Properties Philippines


Real estate investments are considered equal-opportunity wealth builders because property values increase over time.

A significant financial investment though is involved in the process. Thus, investors and novice home property shoppers are equally careful with choosing the right project.

Smart reasons
Asked why they considered Eton Parkview Greenbelt among other developments, the following are their smart reasons:

More than just a prime Makati address. With the city’s illustrious reputation as the financial capital of the Philippines, more global companies are striving to have their offices and headquarters within Makati’s central business district.

Just like these global companies, business executives and investors alike understand the advantages of living within illustrious Makati City. Makati is noted for its highly cosmopolitan culture, also being a major cultural and entertainment hub in the metro. It is also home to many first-class shopping malls. And in the very heart of the city is Eton Parkview Greenbelt.

Proximity to Greenbelt. Eton Parkview Greenbelt is steps away from the Greenbelt complex, one of the most sophisticated malls in the country. Greenbelt features dozens of chic boutiques and restaurants, all overlooking a well-landscaped park where a domed chapel dominates the skyline. Next door neighbors are some of the country’s famed hotels such as the Makati Shangri-la Hotel, the Manila Peninsula, the Hotel Intercontinental Manila, and the Renaissance Makati City Hotel.

Be one with nature. More than just the location, Eton Parkview Greenbelt will soon be next door from two of Makati’s picturesque green enclaves – Washington Sycip Park and Legaspi Park. These two verdant parks are among the few remaining open spaces in Makati that offer a natural counter-balance to the city’s modern concrete structures.

A pampered and secure life. Eton Parkview Greenbelt has a unique two-storey amenity area, accentuated by a children’s playground, kiddie and adult swimming pools, fitness center and function rooms. Maintenance and security systems are in place along with modern-day conveniences one may only experience in first-rate hotels.

A well-connected lifestyle. A network of dependable transport services pass through the CBD daily. EDSA, everyone’s fast lane to the southern or northern part of Metro Manila is a convenient 10-minute drive.

Famed Developer. Eton Parkview Greenbelt is a premier development of Eton Properties Philippines, Inc., the property arm of the Lucio Tan Group of Companies. A sister company of Philippine Airlines, Philippine National Bank and Allied Bank, Eton is an established brand in Hong Kong and mainland China with world-class luxury properties under its name.

With the many residential offerings in the market, more and more business executives and investors are seeing the advantages Eton Parkview Greenbelt has to offer. Developed by Lucio Tan-led Eton Properties Philippines, Inc., Eton Parkview Greenbelt is a luxury residential condominium just across the Greenbelt complex.

[ruralvillage]

Eton not slowing down on current development projects
By Zinnia B. Dela Peña
December 22, 2008 12:00 AM
Philstar.com

Eton Properties Philippines Inc., the real estate development arm of the Lucio Tan Group of Companies, will go full blast on the construction of its existing projects as it temporarily defers the launch of new ones given a sluggish world economy.

Eton president Danilo Ignacio said the company remains committed to turn over to the buyers all projects on their promised delivery dates as it concentrates on the completion of 17 projects it has launched or announced to the public.

Ignacio said the company is looking to build more projects catering to the middle-income sector to take advantage of the huge demand coming from the middle class. In the pipeline is a middle-income housing project in Eton City, a master-planned satellite city that will rise in a sprawling 1,000-hectare property in Sta. Rosa, Laguna.

Eton City will feature high-end residential enclaves, a world-class business district, a champion golf course and first class leisure, entertainment and shopping hubs and a 35-hectare man-made lake,

Ignacio, however, said the company might introduce new projects as opportunities arise. Eton is looking at the possibility of developing a middle-rise building at the former site of Sta. Clara Church along Katipunan Ave.

Projects expected to be completed next year include an office building catering to the business process outsourcing sector, a hypermart and a commercial center, all located in Centris on Quezon Ave. A retail structure will also be launched in February next year in Corinthians and Archers Place.

Ignacio said he is optimistic that the company can sell its inventory in spite of the financial turmoil.

Given the economic slowdown, Eton will cut back on overhead costs and expenses, Ignacio said.

Eton earlier raised prices by five percent to cover escalating cost of construction.

Other projects of the company are Eton Residences Greenbelt, Eton Baypark Manila, Emerald Lofts, Eton Parkview Greenbelt.

Residences Greenbelt is a premium residential condominium located in the heart of the Makati Central Business District and right in front of the posh Greenbelt complex. Dubbed “the first all-loft luxury condominium in Makati,” this 39-story building will rise on the current site of the Philippine Airlines head office.

Baypark Manila, is a 29-story luxury residential condominium. It will rise on a 744-square meter lot at the corner of Roxas Boulevard and Kalaw St. in Manila while Emerald Lofts is a two-tower, mid-income residential high-rise located in a 3,422 square meter property in Ortigas, featuring loft-style homes coupled with a retail component.

The 33-story Eton Parkview Greenbelt will offer a total of 230 units at prices starting from P3.6 million. Development of the project is slated in January 2009 and is expected to be turned over to buyers in December 2011.

Since it transformed from a holding company to a property development firm last year, Eton Philippines has launched 10 major projects, which include Belton Place, One Archers Place, Eton Cyberpod Corinthian, Eton Centris, North Belton Communities, and South Lake Village.

[xavierdude]

http://www.bworld.com.ph/BW122208/content.php?id=041
Vol. XXII, No. 106
Monday, December 22, 2008 | MANILA, PHILIPPINES

Corporate News
Eton defers projects, may test waters first
LUCIO TAN-LED Eton Properties Philippines, Inc. will put on hold projects originally set for launch in the first quarter and would rather assess first how the market behaves amid an expected slowing global economy next year.

Eton President Danilo E. Ignacio said they expect ed a difficult 2009, adding that while the country may be able to handle the economic crisis, it may not come out totally unscathed.

"Eton will be temporarily deferring the launch of three to four new projects for the next two months or until an opportunity arises," he told reporters last week. The company, he added, would instead focus on completing the projects it had started.

M. Ignacio said it helps that Eton is debt-free and has an extensive land bank that allows it to launch projects any time if sees an opportunity.

[thomasian]

Originally Posted by -TC-

This is already the 3rd design if I remember it correctly. Hmm.... but I'm not complaining since it's getting better with each redesign IMO.

Here is a bigger version:

Got this from Eton's website.

A simpler version without the written whatevers:

[ruralvillage]

CEOs brace for rocky 2009
by Ronnel Domingo, Elizabeth Sanchez-Lacson, Riza T. Olchondra, Michelle Remo
Philippine Daily Inquirer | January 4, 2009

MANILA, Philippines—The late Frank Sinatra would not call 2008 a very good year. Far from it.

Most, especially those who lost their jobs or saw their fortunes wiped out, would want to wake up tomorrow thinking that it had never happened. But it did. And as this year comes to a close, people are fervently hoping that 2009 would be better or at least not as bad as 2008.

The Philippines, fortunately, has not been as hard hit as other economies like the United States and Japan but most economists and policymakers feel that the full brunt of the global financial crisis will hurt the country in 2009.

How will companies cope?

The Philippine Daily Inquirer asked a number of CEOs and top executives this question and their varied answers give an idea of what’s in store next year.

Danilo Ignacio
President
Eton Properties Philippines Inc.

“2009 will be a difficult year and there is a lot of uncertainty. We don’t know to what extent the global economic crisis will affect the Philippines. Right now there is a lot of wait and see. The way I see it, there is a battle of fundamentals and emotion. I think the Philippine economy is still solid on fundamentals. The country is well positioned to handle this crisis because it learned from the 1997 Asian Financial crisis. I don’t think the Philippines will suffer the same as what is being suffered by other countries. Our banks are disciplined so we won’t have the same problems banks are having in the US.

“But on the other side, the Philippines can’t be isolated. That is where potential difficulties may arise. To what extent, we don’t know.

“For 2009, we will be very cautious. We will approach 2009 with cautious optimism and there will be continued opportunities even during a crisis. I don’t think there will be a recession in the Philippines. All projections point to some growth. There might be an economic slowdown but not a recession. In the case of Eton, we are fortunate that we are debt-free and we have an extensive landbank.

“If you look at what happened in 1997, most of the real-estate developers that had problems in 1997, are the developers who borrowed money, used that money to buy land and because of the crisis could not launch projects and could not pay back their loans. So the banks foreclosed these properties. Some of them ended up as part of the landbank of Eton through our sister banks (PNB and Allied Bank).

“In the case of us, we are debt-free and we don’t use any cash to buy land. That allows us to launch a project if and when opportunities arises. We have several projects in the pipeline that is push-button ready for launch if there is an opportunity.

“I think in 2009, the focus will be on our existing customer so that means we will finish all our projects.”

[ruralvillage]

Tan firms ink property development deal
by Honey Madrilcjos Reyes
Business Mirror | January 8, 2009

Two Lucio Tan controlled companies Allied Banking Corp. and Eton Properties Philippines Inc. (EPPI), have formalized their joint venture agreement for the development of two properties in Manila and Makati into residential areas.

The Manila development will house the Eton Baypark Manila a single tower residential project at the corner of Roxas Boulevard and Kalaw Street. Construction of the 25-story condominium last year while turnover is set in 2010.

"Since the project was launched in 2007, we have been getting a lot of interest from the Chinese community as well as from businessmen and entrepreneurs," said EPPI president Danilo Ignacio. A unit at Eton Baypark ranges between P2.5
million and P8 million.

The Makati property, with an area of 890 square meters, will feature the Eton Parkview Greenbelt. Situated on Gamboa and Soria streets in Legaspi Village the project will consist of 230 units each priced at over P3 million. The units are ready for delivery by December 2011.

"Just like Eton Baypark Eton, Parkview is substantially sold out," said Ignacio.

EPPI specializes in high end and mid income luxury residences information technology and business process outsourcing office (BPO) developments and township projects.

Earlier, it said it may delay the launch of new developments because of the impact ofthe global financial crisis but remains committed to deliver projects on their targeted dates.

Ignacio said what will keep them busy this year is the simultaneous construction of the 17 projects it launched. Among these undertakings are the Eton Residences Greenbelt, Eton Cyberpod Corinthian in Ortigas, The Eton City in Laguna, Eton Emerald in Ortigas, Eton Cyberpod Centris and the North Belton Communities in Novaliches, Quezon City.

"We are committed to deliver the projects on their promised delivery dates The next project we hope to launch by early this year is a mid in come housing project in Eton City," he said.

The company is also considering the transformation of its 2 hectare property in Katipunan Avenue, Quezon City into a mixed use development. "Our priority right now is to finish all the projects and sell our inventories," Ignacio said. Despite the crisis he believes the real-estate market will continue to grow—although at a slower pace than 2007.

"Residential housing continues to be a growth driver for real estate given that there is a housing backlog of an estimated three million units. The BPO industry is expected to remain a growth sector as US firms may most probably increase its out sourcing activities to be more cost efficient.

[RonnieR]

Any update on the construction?

[Ph Man]

Originally Posted by ruralvillage

CEOs brace for rocky 2009
by Ronnel Domingo, Elizabeth Sanchez-Lacson, Riza T. Olchondra, Michelle Remo
Philippine Daily Inquirer | January 4, 2009

MANILA, Philippines—The late Frank Sinatra would not call 2008 a very good year. Far from it.

Most, especially those who lost their jobs or saw their fortunes wiped out, would want to wake up tomorrow thinking that it had never happened. But it did. And as this year comes to a close, people are fervently hoping that 2009 would be better or at least not as bad as 2008.

The Philippines, fortunately, has not been as hard hit as other economies like the United States and Japan but most economists and policymakers feel that the full brunt of the global financial crisis will hurt the country in 2009.

How will companies cope?

The Philippine Daily Inquirer asked a number of CEOs and top executives this question and their varied answers give an idea of what’s in store next year.

Danilo Ignacio
President
Eton Properties Philippines Inc.

“2009 will be a difficult year and there is a lot of uncertainty. We don’t know to what extent the global economic crisis will affect the Philippines. Right now there is a lot of wait and see. The way I see it, there is a battle of fundamentals and emotion. I think the Philippine economy is still solid on fundamentals. The country is well positioned to handle this crisis because it learned from the 1997 Asian Financial crisis. I don’t think the Philippines will suffer the same as what is being suffered by other countries. Our banks are disciplined so we won’t have the same problems banks are having in the US.

“But on the other side, the Philippines can’t be isolated. That is where potential difficulties may arise. To what extent, we don’t know.

“For 2009, we will be very cautious. We will approach 2009 with cautious optimism and there will be continued opportunities even during a crisis. I don’t think there will be a recession in the Philippines. All projections point to some growth. There might be an economic slowdown but not a recession. In the case of Eton, we are fortunate that we are debt-free and we have an extensive landbank.

“If you look at what happened in 1997, most of the real-estate developers that had problems in 1997, are the developers who borrowed money, used that money to buy land and because of the crisis could not launch projects and could not pay back their loans. So the banks foreclosed these properties. Some of them ended up as part of the landbank of Eton through our sister banks (PNB and Allied Bank).

“In the case of us, we are debt-free and we don’t use any cash to buy land. That allows us to launch a project if and when opportunities arises. We have several projects in the pipeline that is push-button ready for launch if there is an opportunity.

“I think in 2009, the focus will be on our existing customer so that means we will finish all our projects.”

We need concrete evidence to back up his claim. So far, only Eton Centris can be counted as their finished project.

[leechtat]

taken today

[ganzo]

Nag ground breaking na ito last MArch 26,2009. Construction will start anytime soon probably after holy week =P

[-TC-]

http://www.eton.com.ph/constructionu...wgreenbelt.htm

Construction Updates
April 16, 2009

On-going excavation works

[pau_p1]

hmm eto ba eh ung adjacent sa Eton Residences?

[Mark Lee]

The building next door to the EPG site that is being demolished (Kalaw Ledesma), anyone know what building project is replacing this?

[Mark Lee]

Originally Posted by -TC-

http://www.eton.com.ph/constructionu...wgreenbelt.htm

Construction Updates
April 16, 2009

On-going excavation works

What building project is replacing the Kalaw Ledesma being demolished next to EPG?

[rmn]

KL Mosaic of Brittany Corp.