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whenthefirestartstoburn
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official name of the SM-Ayala Joint Venture


 

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I hope that once the vertical development of Phase 1 will commence (hopefully 1st Q of 2021) this will be 4x faster than that of Mandani Bay
 

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hala, unahon diay nila ipa-develop ang northern portions called Main Square nga facing Pasil and part of Mambaling?
I thought the lots facing the sea beside the arena ug cc?
and then, mag huwat pa ni sila ug potential lot buyers for Lots 1 to 11?
 

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living the good life
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looks like ayala is handling that portion of the JV (the released PR docs are from cebu holdings)... its could possible that SM will handle the remaining lots, and will develop it on their own without reselling it.. just a thought. (though they still have a huge undeveloped lots across the street- seaside complex)
 

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This whole area is booming, ongoing construction:
1) third bridge to Mactan
2) Kawit Complex / Gokongwei
3) International South Sea Port
4) Ayala Complex
 

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whenthefirestartstoburn
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Discussion Starter #9

 

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Ahh ok so nag land dev diay gyapon ang Arena and Convention until now. Abi nakog wala gyud movement. Makes sense pd nga dili i rush since wala pay market for big events run.
 
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