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Old November 20th, 2009, 10:27 AM   #1
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Alphaland Makati Place [35F|50F|55F|mix]

It is a High-rise residential property with its own mall and city club. It is located along Ayala avenue and has true built-in building intelligence and eco-friendly green functionalities This will be the prestige place to LIVE, PLAY AND WORK for the up and coming achievers. Located at the end of Ayala Avenue, the main thoroughfare of the central business district, Alphaland Makati Place is an unusually large property for the area, comprising of one hectare.

The project would be a mixed use development featuring the following : Retail Mall, City Club, Residential Condominiums, Serviced Apartments. Ample parking of over 800 slots will be available in the three basement levels of the development. The project would comprise of 3 Towers located on top of a 6 storey Podium + 3 basement parking levels. 19,748 sqm will be dedicated to a Retail Mall. Potential tenants would be food and retail establishments that would cater to the surrounding offices and residential population. The mall will be located on the 1st, 2nd and 3rd floors of the Podium as well as a portion of Basement 1 for the grocery.

10,838 sqm will be dedicated to an exclusive City Club. The City Club would be an exclusive club which combines sports, leisure and business amenities. The Convention Center will measure almost 2,468 sqm and will have a seating capacity of approximately 1,200 seats. The City Club and the Convention Center will be located on the 4th, 5th and 6th floors of the Podium.

FEATURES & AMENITIES INCLUDE :

Swimming Pools, 4 Badminton Courts, 2 Tennis Courts, Jogging Path, Table Tennis, Gym & Fitness, Aerobics and Dance Studio, Bar and Billiards, Specialty Restaurants, Coffee shop on the veranda, Internet gaming, Business and IT centers, Private meeting rooms, Function rooms, Spa & Massage, Convention Center than can accommodate up to 1,200 pax.

24,286 sqm will be dedicated to 2 towers of residential condominiums and 22,000 sqm will be dedicated to a tower of serviced apartments.













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Old November 20th, 2009, 10:50 AM   #2
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Is this the Alveo Zuellig Project posted by leechtat in another thread?
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Old November 20th, 2009, 10:57 AM   #3
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no.
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Old November 20th, 2009, 08:04 PM   #4
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Quote:
Originally Posted by Alpha350 View Post
Is this the Alveo Zuellig Project posted by leechtat in another thread?
obviously that one is a project of Ayala. this one is Alphaland's.. but they are beside each other.. exciting!
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Old November 20th, 2009, 08:30 PM   #5
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..wow interesting project. Even better than our Signa. Malapit lang to sa Columns right? By the way, when u check their corporate website, most of their projects are promising and worth noting.
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Old November 20th, 2009, 11:27 PM   #6
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Nice! Seems like a lot of the up coming projects are not in BGC and instead in Makati.
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Old November 20th, 2009, 11:34 PM   #7
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I can't wait for their bayshore city... very promising indeed!
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Old November 21st, 2009, 01:14 AM   #8
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looks good...kinda reminds me of the President Hotel in the board game "Hotels".

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Old November 21st, 2009, 04:27 AM   #9
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Nice find dex. I like the idea of having one tower as serviced apartment. This will be a direct competition to the adjacent future project of Ayala.

So far, ALL proposed projects after the rezoning of this part of Makati are multitower:

Linear by Filinvest
Jazz by SMDC
Belton Place by Eton
Avida Makati West
Future Alveo Project beside Alphaland

It's like that season (2003-05) again when projects just sprouted from everywhere, then everything gets topped off by 2008!
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Old November 21st, 2009, 07:27 AM   #10
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The Linear, Belton and Avida Makati West are in San Antonio, while Jazz and Alveo Zuellig are in Bel-Air. Although Bel-Air already has its fair share of skyscrapers, it will be San Antonio that will feel the large-scale effects of the rezoning. Whether or not gentrification is good for this part of Makati however is still one that I cannot answer.
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Old November 21st, 2009, 10:54 AM   #11
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Quote:
Originally Posted by in_a_rush View Post
obviously that one is a project of Ayala. this one is Alphaland's.. but they are beside each other.. exciting!
I was a bit confused with the highlighted properties in the Alveo thread.
Pero this project and Alveo look very exciting and promising indeed! I didn't find a delivery date on their website though.
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Old November 21st, 2009, 03:42 PM   #12
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Quote:
Originally Posted by Alpha350 View Post
I was a bit confused with the highlighted properties in the Alveo thread.
Pero this project and Alveo look very exciting and promising indeed! I didn't find a delivery date on their website though.
there is.. its projected completion is 2011. start of construction is 2009. maybe at the end of this year they are going to start.
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Old November 21st, 2009, 09:32 PM   #13
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Ongpin-led Alphaland seeks backdoor listing
By Zinnia B. Dela Peña (The Philippine Star) Updated November 22, 2009 12:00 AM

MANILA, Philippines - Alphaland Development Inc., a real estate firm owned by the the group of former Trade Minister Roberto V. Ongpin and British investment fund Ashmore Group, is seeking a backdoor listing on the Philippine Stock Exchange through Macondray Plastics Inc.

The Ongpin-Ashmore Group has acquired a total of 95 percent of Macondray Plastics through the purchase of shares from the Lorenzo family and minority shareholders
who agreed to tender their shares. With the change in ownership, Macondray Plastics now has Ongpin as chairman of the board, former Finance Undersecretary Eric Recto as president and Mario A. Oreta as vice-president.

In a disclosure to the Philippine Stock Exchange, Macondray said its board approved the listing of Alphaland through the backdoor, which shall be implemented through a share-for-share swap.

Under PSE rules, a backdoor listing takes place when a listed company acquires, or merges combines with an unlisted company, resulting in a substantial change in the business, membership of the board of directors or voting structure of the listed company.

The shares to be issued will come from the proposed increase in authorized capital stock of Macondray Plastics from P400 million to P5 billion. Out of the P4.6 billion hike in capitalization, 1.27 billion shares will be issued to stockholders of Alphaland at a ratio of one Alphaland share for every 5.08 new shares of Macondray.

The Ongpin-Ashmore Group owns the Alphaland Southgate tower, which was acquired from the Puyat family for P1.3 billion in early 2008. It also owns a lot on Ayala Avenue in Makati City where it is building the Ashmore Ayala Tower.

The group earlier forged an agreement with the Boy Scouts of the Philippines to develop the Sime Darby property, also in Ayala, into a mixed-use complex.


Other major projects of Alphaland include Alphaland Bay City and Shangri-La at the Fort.

With the change in ownership, Macondray will be renamed Alphaland Corp. and change its primary purpose to property development.

The deal is the second transaction sealed by the Ongpin-Ashmore Group in the past two months following the purchase of a controlling stake in shell mining firm Atok-Big Wedge Co. Inc.
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Old November 22nd, 2009, 07:17 PM   #14
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exciting area indeed. with this alphaland podium mall and the serendra-type, outdoor mall at the alveo zuellig project, this area of malugay and ayala ave extension will be truly exciting. i think with the activities here, even nearby establishments will benefit.

i like the idea of the city club, i hope a more detailed render comes out. all in all, i am loving this project. competition here will drive progress in the area..
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Old November 23rd, 2009, 10:36 AM   #15
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@leechat, do you know if they had street widening in kamagong street in the past? thanks.

i think that kamagong street and even south avenue residents and business establishments in the area will reap great benefits from the development of ayala avenue extension.

the same is true with the antique shops and restos on reposo street, where the jazz residences will be built. expect briskier business in that part of makati.

we'll be seeing more upbeat commercial and vertical developments in modern makati (MoMa) in the very near future. hopefully, MoMa will be integrated in the cbd.
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Old November 23rd, 2009, 03:37 PM   #16
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south cemetery shall appear to be out of place once all these developments are up. maybe that too will soon be developed...into what, nobody here knows. and we too can expect some activities to somehow shift away from ayala centre to this place.
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Old November 24th, 2009, 05:44 AM   #17
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Wow! It even has 2 tennis courts. Nice!
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Old November 24th, 2009, 08:41 AM   #18
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Quote:
Originally Posted by Ph Man View Post
south cemetery shall appear to be out of place once all these developments are up. maybe that too will soon be developed...into what, nobody here knows. and we too can expect some activities to somehow shift away from ayala centre to this place.
i was wondering when its lease contract would expire, or if the lot was purchased by the city of manila.
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Old December 21st, 2009, 08:41 AM   #19
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Ongpin to build Ayala-end mall
Roberto V. Ongpin apparently thinks there is still room for another mall right in the Makati central business district.
It was only in August that his Alphaland Southgate mall plus office tower, for which he borrowed P1.4 billion to complete the ’70s-era shell of a building, was inaugurated and yet the Marcos-era trade minister is already negotiating for another P1.75-billion loan to start a similar development at the poorer end of Ayala Avenue.

Even without the loan being released by a consortium of banks led by the Development Bank of the Philippines, preliminary development work has already begun on the one-hectare lot at the corner of Ayala and Malugay in what was used to be the known as Sime-Darby office, although the property is actually owned by and being leased from the Boy Scouts of the Philippines.

On that property, Ongpin plans to build a denser version of the Alphaland Southgate, the glass-encased 20-story building built on top of a podium mall on a similarly-sized property at the corner of Edsa and Pasong Tamo.

To be called Alphaland Makati Place, the development will have a four-floor podium mall with a supermarket and, instead of a single building like the Edsa and Pasong Tamo project, will have “several” high-end residential and office towers and serviced apartments.
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Old December 23rd, 2009, 08:24 AM   #20
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About Alphaland Development Inc:

By Doris Dumlao
Philippine Daily Inquirer
First Posted 00:21:00 11/25/2009

Effectively, Alphaland is 60-percent owned by Ongpin and Eric Recto through Masrickstar Corp., Boerstar Corp. and Azurestar Corp., while the remaining 40 percent is owned by Alphaland Holdings (Singapore) Pte. Ltd. of the Ashmore Group.

Macondray is seen benefiting from Alphaland’s existing projects, namely: Alphaland Southgate Tower and Mall, The Alphaland Tower, Alphaland Bay City, Alphaland Makati Place and Shangri-La at the Fort. The P12.7 billion estimated value of the assets, on which a share-swap agreement was based, represented Alphaland's total assets as of end-September, based on the disclosure.

Alphaland Southgate Tower and Mall, located at the corner of Edsa and Pasong Tamo in Makati City, consists of the Southgate Tower, a 20-storey modern structure clad in a glass curtain wall and the Southgate Mall, a six-storey podium that will house retail and casual dining establishments. The Southgate Tower will have a total of office space of 40,000 square meters and 18,000 square meters of commercial space. This project was launched in August.

Alphaland Makati Place occupies a one-hectare property at the end of Ayala Avenue, the main thoroughfare of the Makati central business district. It is a four-storey podium mall interspersed with park areas and several high-end residential and office towers.

In the meantime, Alphaland Bay City is located at the Aseana Business Park in Parañaque City. With more than 32 hectares along Manila Bay, Alphaland Bay City is envisioned to have a world class marina and yacht club as its centerpiece, surrounded by a sweeping boardwalk lined by outdoor cafés and boutiques, overlooked by five-star hotels. Low-rise commercial buildings will be backed by medium rise residential buildings then by high-rise skyscrapers.

Alphaland also has a 25-percent in Shangri-La at the Fort. With over 60 floors, the building is destined to become a Manila landmark. The mixed-use business, residential and retail tower will be located within the fast developing Taguig business district.

Last edited by zandro888; December 23rd, 2009 at 09:41 AM.
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