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Mass housing developer 8990 Holdings aims for P66B sales in next 6 years
By: Krista Angela M. Montealegre, InterAksyon.com
May 5, 2014 11:34 AM

MANILA – 8990 Holdings Inc is targeting P66 billion in sales within a six-year period as it embarks
on the first private sector issuance of asset-backed securities in the country.

8990 Holdings president Jesus Atencio told reporters that the company is bringing roughly 66,000 units
to market until 2019 with the roll out of 18 projects, the biggest of which will be Urban Deca Homes Ortigas.

Slated for launch next year, Urban Deca Homes Ortigas will accommodate 27,000 units
and will rise on a 13.2-hectare lot acquired last February for P2.2 billion.
read more: http://www.interaksyon.com/business...-holdings-aims-for-p66b-sales-in-next-6-years

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8990 to develop integrated malls in condo projects
By: Krista Angela M. Montealegre, InterAksyon.com
May 26, 2014 11:23 AM

...The first integrated mall will rise in the newly acquired P2.2-billion property along Ortigas Avenue Extension,
the biggest project in its five-year plan of launching P66 billion worth of projects.

The proposed plan is for a sprawling one-level mall to cover the entire 13-hectare property, serving as a podium
for the mid-rise and low-cost residential developments at Urban Deca Homes Ortigas.

“We are very excited about this innovation because the integration of a mall will be the new template for 8990’s
vertical projects that will add significant value to our mass housing condo units, and still be within the price points
that cater to the mass housing market,”Atencio said in a statement.
read more: http://www.interaksyon.com/business/87624/8990-to-develop-integrated-malls-in-condo-projects

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from:https://unicapital.hotairballoongro...398820327-HOUSE IPO Factsheet April2014 2.pdf



I marked the location on Google Earth, including nearby developments of which Empire East City is also included.
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8990 starts P8.3B Tondo township

SNIPPED:

8990 Holdings is also launching another big township project in Ortigas Avenue extension in Pasig City. The project will consist of 26 buildings and 24,720 housing units. Aside from residential buildings and a shopping mall, the Ortigas development project will also have two business process outsourcing (BPO)- oriented towers.

Megawide will also build the mid-rise residential condominium towers in the Ortigas complex.


Source: Inquirer.net
Mods, based on the information from press releases, Urban Deca Ortigas will have 26 residential bldgs, a mall and 2 BPO Bldgs so pls update the title and description of this thread pls. Thanks!
Saan exact location nito?
Along Ortigas Avenue Extn. Pasig City. Yung dating Prince Arcade near Ever Ortigas.
Saan exact location nito?
8990 to operate malls after Waltermart backs out
by James Loyola
February 3, 2016

Top mass housing developer 8990 Holdings Inc. may venture into the mall operations business after its partner Waltermart has backed out of their agreement to operate the malls in two of the developer’s mixed-use projects.

In a disclosure to the Philippine Stock Exchange, 8990 said “Waltermart has rescinded its partnership with 8990 to be the mall operator in the malls to be built in 8990’s project located at Vitas, Tondo and at Ortigas Avenue Extension.”

Read more at http://www.mb.com.ph/8990-to-operate-malls-after-waltermart-backs-out/#J419t83y6wrzsOWK.99
8990 to operate malls after Waltermart backs out

Mass housing developer 8990 Holdings Inc. may venture into the mall operations business after its partner Waltermart has backed out of their agreement to operate the malls in two of the developer’s mixed-use projects.

In a disclosure to the Philippine Stock Exchange, 8990 said “Waltermart has rescinded its partnership with 8990 to be the mall operator in the malls to be built in 8990’s project located at Vitas, Tondo and at Ortigas Avenue Extension.”

“While we regret the turn of events, this presents an opportunity for us at 8990 to operate the mall ourselves, leading to a strong potential for enlarging our recurring income base,” 8990 investor relations officer Tani Basman said.

According to 8990 president Jesus Januario Atencio, the malls of the two projects will have a total gross floor area of 80,000 square meters, 35,000 for Vitas and 45,000 in the Ortigas development.

Atencio said they are ramping up construction for 8990’s high-rise segment by building 39 condominiums worth P53 billion in the two Metro Manila township projects.

This will mark 8990’s entry into commercial space development by turning the two properties into mixed-use residential projects with an “integrated mall” as its major amenity.

The integrated mall will be the main attraction in the two master planned developments that will include mixed use midrise and low cost condominiums.

“We are very excited about this project because the integration of a mall adds significant value to our mass housing projects,” said Atencio.

The two projects will have a combined gross area of 22 hectares, covering 39,732 units: the 13-hectare Urban Deca Homes along Ortigas Avenue Extension township, and the 8.4-hectare Urban Deca Homes in Vitas Tondo.

The Ortigas township will have 26 buildings and a total of 24,720 residential units while the Tondo project will have 13 buildings and a total of 15,012 residential units.

Both projects will have parks and playgrounds, basketball courts, and the major amenity of a full-service mall that will have shopping, dining, recreational and institutional establishments that will cater primarily to the residents, estimated to reach 120,000 once both projects are completed.

These two projects have an estimated gross value of about P53 billion over the next four years, which more than doubles the P24 billion investment in land and building construction.




Read more at http://www.mb.com.ph/8990-to-operate-malls-after-waltermart-backs-out/#rrerYEcuh5xRhh5u.99
Urban Deca Ortigas as of June 2016

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Reactions: InfinitiFX45
Ok sana dito kaso traffic is really worse most especially kung going to ortigas ka. And kung commute ka sa umaga mahirap
Construction Updates: June 26, 2016





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Reactions: InfinitiFX45
Oh. Hiyang-hiya naman ako sa brown leather boots ng mga konstru. :D

Dress code daw nila: Construction worker chic. :lol:

Construction Updates: June 26, 2016





Haha, pormahan nila yan
Katabi kaya ito nung East Residences Ortigas?
Yep, it's near—if not right next to. :)

i[dot]imgur[dot]com/YAk4L7G.png
Katabi kaya ito nung East Residences Ortigas?




Urban Deca Homes Ortigas is located along Ortigas Avenue Extension in Pasig City. It will have multiple midrise buildings with 13 to 14 floors each. Unit types range from studio to two-bedroom with selling prices that start at P1.3 million.

Its future residents could enjoy a playground, jogging paths, a basketball court, clubhouse and pocket gardens, among others.

Commercial spaces abound in the area, complementing the lifestyle that Urban Deca Homes offers.

Source: Phistar
Any news on this project? Checked their site pero wala itong project na to for some reason.
This project is yet to be launch next year.
Any news on this project? Checked their site pero wala itong project na to for some reason.
Megawide bags P14-B condo project
by James A. Loyola | Manila Bulletin | August 27, 2017 | 10:00 PM


Engineering and infrastructure company Megawide Construction Corporation (Megawide) has bagged the deal for the construction of the P14-billion Urban Deca Homes Ortigas of mass housing developer 8990 Holdings, Inc.

“We’re very excited to once again be working with 8990. Through this project, we are able to provide quality engineering and construction at an affordable price,” said Megawide President Edgar Saavedra.

Located along Ortigas Extension, Pasig City, the 13-hectare development will feature 24 residential buildings with a total of 18,993 units and a mall.

Read More: Source
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Im wondering if nag groundbreaking na tong project na to pero meron na kong nakikita na backhoe sa site. May activities na din.
Do you think Urban Deca Ortigas is a good investment or good for flipping?
Yes i think na-launched na ito last June 27, 2018

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