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Team Pacquiao
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Discussion Starter · #1 ·
RLC to develop Magnolia property into master-planned gated community

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Robinsons Land Corp. (RLC) formalized the purchase of a five-hectare prime property from San Miguel Properties, Inc. (SMPI). Shown after sealing the agreement are (from left): Gil C. Somblingo, SMPI legal director; Karlo Marco P. Estavillo, SMPI general manager; Jeronimo U. Kilayko, SMPI president; Mybelle Aragon-Gobio, RLC vice-president for business development and Chat Maliglig, RLC legal director.

Plans to develop a master-planned gated community to what is now the Magnolia head office of Nestle Philippines is now underway as Robinsons Land Corp. (RLC) recently announced its purchase of the five-hectare prime property from San Miguel Properties, Inc. (SMPI).

The sprawling piece of land located in New Manila, Quezon City is bounded by three major roads, the bustling Aurora Boulevard, and the tranquil and secure residential access roads of Doña Hemady Avenue and N. Domingo Street. RLC plans to build a mixed-use complex consisting of residential condominiums and commercial complex.

“RLC is very optimistic about the prospects of the project,” said RLC president and chief operating officer Frederick D. Go, adding that the move to develop the Magnolia property strengthens RLC’s position as the industry leader that develops communities which allows one to work, shop, play and live in one complete setting.

Once developed, residents of the gated residential community will enjoy the convenience of living beside its very own mall and the comforts of being near exclusive schools like Saint Paul University, De La Salle University, Xavier School and Immaculate Concepcion Academy. The property is also very near well-known hospitals like St.Luke’s Medical Center and Cardinal Santos Medical Center. And since the area is bounded by Aurora Boulevard, commuting to and from end points of Manila and Quezon City will be a breeze through the LRT Line 2 station.

The project is envisioned to be the first high rise development in the area that will bring a new beat to traditional city living while at the same time embracing the tempo of the serene and secure neighborhood that is unique to New Manila’s upscale neighborhood.

Recently, RLC commissioned RTKL, an internationally renowned master-planner, to draft the conceptual drawings for the whole complex while ASYA Design Partners, another reputable design firm, has been tasked to create designs for the residential component of the development.
 

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IG @juanprogress
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i wish it would look like the grove by rockwell.. or something like serendra high-rise... more greenery please...
 

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Team Pacquiao
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Discussion Starter · #4 ·
i wish it would look like the grove by rockwell.. or something like serendra high-rise... more greenery please...
The project is a mix-use complex..Mall, Hotel, office building and 4-tower residential condo.
 

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roadtripper
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Robinsons earmarks P8 billion for expansion
By Zinnia B. Dela Peña
Updated March 31, 2009 12:00 AM
source: philstar.com

MANILA, Philippines - Robinsons Land Corp. (RLC), the real estate development arm of Gokongwei flagship firm JG Summit Holdings Inc., is setting aside around P8 billion this year to bankroll the construction of new shopping malls, office buildings, residential units and a chain of budget hotels.

RLC president and chief operating officer Frederick Go said the company intends to open five new malls this year which will make available an additional 71,000 square meters of gross leasable space.

At the start of its fiscal year ending September 2009, RLC had completed and opened Robinsons-Pulilan and Tagaytay as well as the first phase of the redevelopment of its Luisita mall.

Other malls targeted for opening this year are in Davao, Tacloban and Gen. Santos.

RLC’s shopping mall network will increase to 26 by the end of September this year from 21 the previous year.

“The company’s business plan for the commercial centers division over the next five years, subject to market conditions, is to sustain its growth momentum via development of new shopping malls and expansion of existing ones,” Go said.

Aside from this, RLC will continue to take advantage of the resilient demand for office space by allotting leasable area for BPOs (business process outsourcing) as needed in its malls. It started construction of Robinsons Cybergate Plaza, which will have 20,000 square meters of net leasable office area.

“While demand is still strong, we expect rental rates to be under pressure this year with the increase in office space supply. However, we are confident that our office buildings will maintain high occupancy because of their better locations, geographic spread, and the fact that they are anchored in our mixed-use developments,” Go said.

RLC is completing the 108-room Summit Ridge Hotel Complex in Tagaytay, which is slated to open this June.

To cater to a wider section of potential clients, RLC launched a new concept in the hospitality business with its budget Go Hotels, offering affordable and value-for money accomodation. These hotels will rise in RLC’s malls and 24-hour convenience stores.

The first site of the Go Hotel is in Robinsons Pioneer Cybergate complex, which is expected to be completed in the next fiscal year.

As for its housing projects, RLC has a pipeline of over 30 residential buildings planned for the mid term, five of which will be launched this year. Among these include the second residential tower of Sonata Private Residences, the second tower of additional buildings in Woodsville, and the first tower of the recently-acquired Magnolia property.

Go said the company aims to launch three new housing projects annually.

“Our business model remains the same-searching for joint venture partners in provincial areas that will allow us to expand into new localities with less upfront capital tied up to land acquisition. The lower price points of our products in this division should give us more traction in a property downturn,” Go said.

At the same time, RLC said it remains to be on the look out for opportunities to pick up good value assets that might become available in the midst of these challenging times.
 

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Team Pacquiao
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Discussion Starter · #6 ·
Launching date is 3rd week of April.

They are finalizing to named in as The Magnolia Residences.

Aaron kindly edit the topic thread title for further reference.

Thanks
 

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Team Pacquiao
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Discussion Starter · #12 · (Edited)
Updated new pictures of The Magnolia Residences..


Building perspective




Location Map


Location Plan


Typical 1BR unit


Executive 2BR unit



More updates to follow..

Price starts at P2.8M for a 36 sqm Flat units.
 

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at your service
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majo mahaharangan yata view ng tower A and B ng Andrea North Skyline Tower. pero hindi naman ata sila ganon kalapit.

yun na ba yung pangalan nung mall? "the magnolia townsquare"?
 

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Team Pacquiao
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Discussion Starter · #14 ·
majo mahaharangan yata view ng tower A and B ng Andrea North Skyline Tower. pero hindi naman ata sila ganon kalapit.

yun na ba yung pangalan nung mall? "the magnolia townsquare"?
Malayo naman sa Andrea North, as i have inspected the actual site kanina, kahit pa dumikit sa perimeter fence ng Magnolia yung Tower A.

Well, for the name of the mall, until the commercial launched it as Magnolia Timesquare.
 

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Registered
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The sweet bygone days
Updated May 08, 2009 12:00 AM


Architect’s rendition of the Magnolia Residences.
MANILA, Philippines - It has been said that memory — that mental ability to store, retain and recall information — is a wonderful thing. In everyday life, it is that place, where we retreat to for all the things that make us feel good... about ourselves, about the people near and dear to our hearts, about this oftentime crazy world in which we live.

It is on the wings of precious memories that Robinsons Land Corp. is furthering its solid reputation as one of the country’s premiere developers of mixed-use properties, office buildings, residential condominiums, as well as land and residential housing developments. To rise soon in quaint New Manila, Quezon City, is The Magnolia Residences, the company’s latest high-rise, mixed-use development that promises to not only provide a lovely refuge from urban life’s hurly-burly without ever having to leave the city, but also stir fond feelings about returning to what may have very well been second home to many individuals.

After all, the four-tower Magnolia Residences will rise where once stood the old Magnolia Ice Cream House, the scene of many lovely moments of post-Sunday mass familial bonding over ice cream floats and yummy cobblers; of fun times with friends after a busy day at school; of important occasions such as birthdays and graduations and reunions that deserved only the sweetest treats that the city can offer.

With The Magnolia Residences, Robinsons Land is providing families and individuals another beautiful platform on which to create more memories to fondly look back on, new ones that will be no less life-affirming.
 

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Team Pacquiao
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Discussion Starter · #19 ·
what's the price range?
1BR - 36sqm to 38sqm - P 2.9M to P 3.4M
2BR - 51sqm to 71sqm - P 4.6M to P 6.1M
Executive 2BR - 72sqm to 90sqm - P 6.1M to 8.4M
3BR - 108sqm to 114sqm - P 9.7 to 10.3M

For as low as 16k ang 1BR..
 
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