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Ascott Clinches Contract To Manage Its Seventh Property In The PhilippinesAugust 8, 2012 //0Singapore — CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a management contract for a new serviced residence in Ortigas Center, a key business and financial district in Metro Manila, Philippines. Scheduled to open in 2015, the 210-unit Citadines Millennium Ortigas Manila strengthens Ascott’s leadership position as the largest international serviced residence owner-operator in the Philippines with over 1,300 apartment units across seven properties.

Mr Alfred Ong, Ascott’s Managing Director for Southeast Asia and Australia, said: “We see tremendous growth opportunities for Ascott in the Philippines. Foreign direct investment into the country in 2011 climbed to the highest level since 1996. Further growth is projected with Philippines’ credit ratings upgraded by Fitch, Moody’s and Standard & Poor’s. We expect strong demand for our serviced residences with the increasing number of expatriates and business travellers entering the Philippines, and target to have 10 properties in the country by 2015.”

He added: “Ascott already has a strong presence in Makati, the Philippines’ business capital. By bringing our Citadines brand to Ortigas Center, we will expand our reach and tap on the growing accommodation demand in the Philippines’ second most important financial district after Makati. At Citadines, we offer a flexible services menu so residents can customise their stay experience. This is an alternative to the current accommodation options available in Ortigas Center and will appeal to the expatriates and business travellers.”

Citadines Millennium Ortigas Manila is strategically located in Ortigas Center, home to many top Filipino and multinational companies. These include the Asian Development Bank, Jollibee Food Corporation, Meralco, San Miguel Corporation and the World Bank. The serviced residence is close to shopping malls such as SM Megamall and Robinsons Galleria. The Medical City, an internationally accredited medical facility, can also be found within its vicinity.

Citadines Millennium Ortigas Manila will offer expatriates and business travellers a choice of studios, one- and two-bedroom apartments. Each stylishly furnished apartment comes with a fully-equipped kitchen, separate living, work and sleeping areas, ensuite bathroom and other modern amenities. Residents can also enjoy facilities including a swimming pool, gymnasium and resident’s lounge.

Besides Citadines Millennium Ortigas Manila, Ascott will open Ascott Bonifacio Global City Manila in Taguig City and Citadines Salcedo Makati within the Makati Central Business District in 2014. Ascott currently manages Ascott Makati, Somerset Millennium Makati, Somerset Olympia Makati and Salcedo Residences in the Philippines.


http://holidayapartmentasia.wordpre...nage-its-seventh-property-in-the-philippines/
 

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This should clear the confusion with the 45 San Miguel project...


CDC Holdings, Ascott team up for P2.5-B Ortigas project

By Zinnia B. Dela Peña (The Philippine Star) Updated September 19, 2012 12:00 AM Comments (0)

MANILA, Philippines - Real estate developer CDC Holdings Inc. has teamed up anew with The Ascott Ltd., this time for the P2.5-billion Citadines Millenium Ortigas Manila serviced residence.

The Ascott is the world’s largest international serviced residence owner-operator with more than 30,000 serviced residence units in 75 cities across 21 countries. It operates three brands – Ascott, Citadines and Somerset.

In a briefing yesterday, CDC Holdings executive vice-president Charlene D. Chua said Citadines Millenium Ortigas, its second project with The Ascott, will offer more than 400 serviced apartments and residential condominium units once completed by 2015.

She said 210 units will comprise serviced apartments while the other 200 will be residential units.

Located on a 1,700-square meter property at the corner of Ortigas Ave. and Sapphire St., Citadines Millenium Ortigas will offer expatriates and business travellers a choice of studios and one- to two-bedroom apartments with sizes ranging from 30 to 60 sqm.

http://www.philstar.com/Article.aspx?articleId=850344
 

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Latest render

CDC's Citadines Millenium Ortigas Manila [30F|res/hot]
@ Ortigas Center, Pasig City, Metro Manila

 

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You know...this project looks a lot like Quadrillion Plaza, that old unfinished structure, also between Ortigas Avenue and Sapphire Road, pretty much next to Cityland Corinthian Executive Regency. :sly:
 

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You know...this project looks a lot like Quadrillion Plaza, that old unfinished structure, also between Ortigas Avenue and Sapphire Road, pretty much next to Cityland Corinthian Executive Regency. :sly:
Could that be it?
Hope they'll revive this project.

3388 Quadrillion Plaza Hotel, 42 stories, Ortigas Ave, Ortigas Center.



 

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Bump to ensure this thread does not disappear into the SSC Philippines blackhole! Any updates, or confirmation that this is indeed the revived Quadrillon Plaza?
 

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^^ Not according to this...

Located on a 1,700-square meter property at the corner of Ortigas Ave. and Sapphire St., Citadines Millenium Ortigas will offer expatriates and business travellers a choice of studios and one- to two-bedroom apartments with sizes ranging from 30 to 60 sqm.

http://www.philstar.com/Article.aspx?articleId=850344
^^ iilan na lang kasi ang active sa ssc .
Under my watch, I made sure that the forums under my belt were active with the mods leading the discussions to ensure threads avoided Jan's prunning. Especially on the Projects sections since those are the ones that need to be visible and discussed... :sly:
 

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^^ Not according to this...





Under my watch, I made sure that the forums under my belt were active with the mods leading the discussions to ensure threads avoided Jan's prunning. Especially on the Projects sections since those are the ones that need to be visible and discussed... :sly:
Maybe you should come back out of retirement :lol:

Are threads automatically deleted if they have no activity for a certain period of time?
 
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