Latest news and updates about Ayala Land Inc and Ayala Land Premier.
|Posted on April 27, 2017 at 4:35 AM|
Anna Ma. Margarita B. Dy, head of ALI’s strategic landbank management group, said in a briefing on Wednesday the real estate arm of the Ayala group is launching the 250-hectare (ha) Evo City in Kawit, Cavite; 25-ha Azuela Cove in Davao, and a 35-ha estate along the C-5 corridor in Quezon City and Pasig this year. The total capital expenditure budget for these projects has yet to be finalized.
Evo City will allow Ayala Land to take advantage of the upcoming infrastructure projects in the area such as the Cavite-Laguna Expressway, Cavitex C-5 South Link, and the Light Rail Transit 1 extension project.
Azuela Cove, a joint venture between the Alcantara Group, is touted as Davao’s prime waterside lifestyle, business and residential district, while the project in C-5 will be developed in partnership with LT Group, Inc.
“With each estate, we open opportunities for growth and a better quality of life,” ALI Chairman Fernando Zobel de Ayala said during the company’s stockholders’ meeting in Makati City on Wednesday.
Ayala Land has an expansive footprint, with 20 estates, a land bank of 9,852 hectares and presence in 55 growth centers across the country.
This year, ALI is jacking up launches to P117 billion, including P100 billion worth of residential projects, underscoring its optimism on the real estate market’s prospects. The firm rolled out P87 billion worth of developments in 2015.
“As the property market continues to maintain a generally robust outlook, with stable interest rates, steady flow of OFW remittances, a thriving BPO sector, and a growing tourism sector, we look forward to introducing new projects in 2017 to support our growth targets and sustain our contributions to the local economy,” ALI President and CEO Bernard Vincent O. Dy said, noting that the company is on track to reach its long-term growth target.
Under its 2020 Vision, Ayala Land is targeting a 20% annual growth rate to hit a net income of P40 billion.
For its international business, Ayala Land is scouting for investment opportunities in Indonesia and is open to raising its 32.95% stake in Malaysian firm MCT Bhd. “at some future time,” Ms. Dy said.
The company likewise met with “a few” Chinese firms interested in developing large-scale, mixed-use communities, Mr. Dy said, but preliminary talks have not progressed.
“One challenge for investors coming in is to assemble necessary amount of land if you’re doing something with scale,” he said.
|Posted on March 26, 2017 at 7:15 AM|
Fickle forecasts and speculations in land values continually build investing in property, whether or not residential or commercial lot, a tough decision to create. but present and future unit homeowners of Ayala Land Premier’s latest venture can probably have stricken commercial property gold once it graces the Makati skyline in 2024.
Pro-nounced a “true icon of style,” the ultra-luxe Park Central Towers development in Makati was conceptualized by luxury shop Singaporean style firm, SCDA at the side of storied architectural firm Leandro V. Locsin Partners. It’s not each day you bump into plans therefore superbly designed.
The Location: The property already has the mixture of impeccable style and uncompromised exclusivity on its facet. combine this with AN unrivaled location—nestled within the heart of Roxas Triangle, at the corner of paseo de Roxas and Makati Avenue—and there’s simply no beating this venue. What’s a lot of, its neighboring tower, the equally prestigious Roxas Triangle Towers (where the Mandarin Oriental building accustomed to stand) and its close luxury development transforms the land into one among the foremost valuable addresses within the Philippines.
The Interiors: expertise the complete treatment of a palatial Aquaview Villa residence at the well-found areas at Park Central Towers’ show flat, handily placed at Glorietta three Park. A unique air of luxury welcomes you as you enter the lobby and soar upward via the personal lift. Past double doors, an enormous lebensraum greets you with high ceilings showcasing a contemporary brass lighting fixture. Natural lightweight additionally floods through floor-to-ceiling windows, that also supply sweeping views of the metro’s skyline.
A calming palette of taupe, cream, and dark brown brings harmony to the entire flat, from the deck space to the statement lounge items by Dedon. would possibly we tend to mention that every of the villas conjointly includes its own plunge pool?
The personal quarters aren't any less splendid, anchored by varied works of art. the 2 secondary bedrooms embody en suite bathrooms, whereas the master suite opens to a king-size bed and an oversized toilet with the walk-in closet of your dreams, designed by Poliform. A hand-held shower, rainfall, also as a separate bathtub tub bring a soothing, spa-like treatment.
Get it for: appox. of P300,000/sqm.
Park Central Towers, Roxas Triangle, Makati Central Business District
Premier Property Specialist
18/F Tower One & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City
+632 759 4755 | +63917 929 9795
|Posted on March 12, 2017 at 10:20 PM|
MANILA, Philippines – If there’s one thing that the wealthy has learned from the global financial crisis, it is to diversify and manage their risks. They’ve turned to real estate as a safe haven for their wealth.
Among markets, the Philippines has become one of the most attractive, largely due to its stellar growth performance. Despite a string of disasters, the Philippine economy grew 7.2% in 2013, making it the fastest growing in the region, next only to China.
Property consultancy firm Colliers International reported that luxury condominium sales in the Philippines more than doubled over the last two years, driven by both overseas and local investments.
According to Colliers, overseas investments in premium properties are divided into several waves: foreign investors buying properties because they have business interests here, investors buying for permanent residency outside their native countries, and wealthy Filipinos working abroad buying for their families.
Locally, high net worth investors looking to earn windfalls and end-users also fuel demand.
While some purchase these properties as “trophy assets,” others “realize that the yields are attractive and the volatility of returns much lower than other investment classes,” said Julius Guevara, director and head of research and consultancy at Colliers.
High condo sales
Guevara said luxury condominium sales in the country priced at more than P7 million surged over 300% to 3,900 units in 2013 from 1,300 units in 2011.
He said demand for local premium properties continues to rise as the economy expands. Locally, this is demonstrated by the robust performance of the services sector, which is largely accounted for by the BPO industry. Due to low labor costs and English proficiency of the workforce, more outsourcing companies are choosing to locate their offices in the Philippines. This surge, in turn, brings in more expats looking to buy or rent premium properties near their workplace, noted Romeo Arahan, one of Colliers’ research analysts.
Foreign investors banking on the Philippines’ prospects are also buying properties here.
Under the law, foreigners are not allowed to own private land in the Philippines but they may own condominium units, provided that the title of the land where the condominium stands is owned by a Filipino corporation, and not more than 40% of the units are owned by foreigners.
Arahan said these foreign investors are mostly from Asia, mainly Hong Kong, Singapore and China.
Guevara said particularly, there was a boost in inquiries from Singaporean and Hong Kong buyers, “who had cooling measures enacted in their own housing markets so that they are now looking for areas outside of their home countries to invest in.”
Jan Custodio, head of CBRE Global Research and Consultancy, also gave an explanation: “The main motivation for these foreign investors is that the Philippine property market is a worthwhile investment given the acquisition costs of properties here in the Philippines is much lower compared to areas such as Singapore and Hong Kong.”
How they earn
Premium property buyers earn from their purchases in two ways: leasing and what analysts call “flipping” or buying low, selling high. However, Guevarra said more investors are into leasing.
“We have not seen much ‘flipping’ for these properties, most likely because the buyers hang on to these properties due to rental yield potential,” he explained.
Guevara said the Philippines currently has the highest gross rental return in the region for premium properties. “The net effective rental yield and capital appreciation is about 10-11%.”
A Colliers report said premium 3-bedroom rental rates in Makati rose 0.4% in the fourth quarter of 2013 from the previous quarter. This put monthly rent for a 250-square meter unit at P201,250. In Fort Bonifacio, rental rates went up 1.7% quarter on quarter, putting the monthly rent for a 250-square meter unit at P202,000.
Those in the buy and sell business acquire properties at lower prices during pre-selling and sell them for profit later into that stage or when the project has been completed.
According to Arahan, premium properties cost between P150,000 to P250,000 per square meter so, say, a 60-square meter property would cost P9 million at the very least.
Guevara said some projects may go as high as P168 million like the Two Roxas Triangle in Makati. Another example would be the Garden Towers, also located in Makati, where units range from P 10million to P220 million.
Tom Mirasol, Ayala Land Head of Sales and Marketing for the Residential Business Group, said, “If a person is making a property investment, it’s always wise to buy the best that you can afford.”
The prices of premium properties are primarily driven by location. Other determining factors are the size, type of property (a condominium or a lot in a high-end subdivision) age and upkeep costs. – Rappler.com
|Posted on March 7, 2017 at 12:20 AM|
By Tomas Cadiz
December 22, 2016
The Park Central Towers groundbreaking ceremony was graced by key executives from Ayala Hotels, Inc., Ayala Land Premier, and Makati Development Corp., as well as distinguished local and foreign consultants.
The event started with a blessing officiated by Fr. Joseph Pham of Don Bosco Church, followed by some welcome remarks from Ayala Land Premier’s Managing Director, Jose Juan Jugo. Also present was Ayala Land vice president and president of Makati Development Corporation, Dante M. Abando.
Consultants who graced the event included Soo Chan of SCDA Architects, Taku Shimizu of Studio Taku Shimizu, Leandro V. Locsin Jr. of Leandro V. Locsin and Partners, Anton Mendoza of J. Antonio Mendoza Design Consultants, Isabel Asuncion of Asuncion Berenguer Inc., Vincent Lim of BCL Asia & Partners Co., Philip Roxas of MSERV, Jose Sy of Sy^2, and Arman Austria of ALT.
Nestled within the prestigious Roxas Triangle, Park Central Towers promises a distinctive living experience brought about by a combination of masterful design, uncompromised exclusivity, and an unparalleled location.
The ultra-luxury residence will begin turnover to clients beginning 2024, and is set to redefine the Makati skyline.
|Posted on March 7, 2017 at 12:15 AM|
October 13, 2016
Prestigious accolades cement ALP’s position as the developer of choice for projects that are a cut above the rest.
Anvaya Cove gains the title of the Philippines’ most awarded residential resort development. This year saw the Ayala Land Premier project already triumphing in the 2016 Global Awards for Excellence offered by the Urban Land Institute, which recognizes best practices and outstanding development projects. On the heels of that accolade, Anvaya Cove recently gained another in the last
FIABCI-Philippines Awards under the Environmental Category, rewarding projects that aim to conserve existing natural environment. FIABCI is the French acronym for "Federation Internationale des Administrateurs de Bien-Conselis Immobiliers", which means "The International Real Estate Federation". The prestigious organization has represented the world's real estate professions through its Special Consultative Status with the Economic and Social Council of the United Nations. Currently operating in more than 60 countries, FIABCI represents every discipline in the industry and links thousands of real estate professionals worldwide.
Their awards, dubbed the FIABCI Prix d'Excellence, recognizes projects that best embody excellence in the real estate disciplines involved in their creation. Judged by an international panel comprising top real estate professionals and experts, the FIABCI Prix d'Excellence rewards overall merit and not just aesthetics, functionality or size. Thus, the Prix d'Excellence is said to be bestowed on projects that are truly a cut above the rest.
BUILDING ON SUSTAINABLE PRINCIPLES
Anvaya Cove’s win was well-deserved, as Ayala Land Premier focused on developing the project as a sustainably masterplanned residential seaside leisure community. Environmental sustainability was deeply ingrained in its planning and development, with a conscious effort to minimize earthworks and to enhance the ecosystem. Endemic flora and fauna thrive in and around Anvaya Cove, even in its world-class golf course, with the added benefit of lessening water and maintenance requirements.
Ayala Land works tirelessly to retain Anvaya Cove’s lush terrain, protecting its status as a nature sanctuary, where migratory birds, sea turtles and other endemic wildlife can thrive. It took meticulous planning and painstaking efforts to preserve the natural lay of the land and inherent beauty of the site. This is in line with Ayala Land’s commitment to the environment and sustainable practices.
Anvaya Cove boasts a stunning natural setting featuring 3.5 kilometers of beautiful coastline with magnificent views. The 470-hectare premier development is located in Morong, Bataan, about two and a half hours from Manila, an hour from Clark and only 20 minutes from Subic.
The project features the highest standards of construction, design, services and amenities -- as expected of any Ayala Land Premier development. From the beginning, the design and planning of Anvaya Cove followed sustainable principles, emphasizing the protection and enhancement of the site’s natural attributes and habitats. This meant designing roadways that avoid mature trees and follow the natural contour of the land and choosing lighting fixtures that would not disorient pawikans (Olive Ridley Sea Turtles) as they come home to nest. Amenities like the Nature Camp also serve a venue for interacting with nature as well as promoting conservation.
A CLASS OF ITS OWN
In contrast to other developments that maximize floor area at nature’s expense, Anvaya Cove’s land use and zoning have the environment in mind. Structures were designed to be low-lying and used natural materials and color palettes that blend in with the lush natural setting. Generous setbacks and open spaces were provided between neighborhoods, with building footprints limited to only 35 percent of the total lot area. Structures utilize locally available materials, passive solar energy features and natural ventilation, designed to respond to climatic conditions such as heat, humidity and heavy rains.
Environment protection is also evident in the construction and environmental management plan. A comprehensive study on the development impact to the environment was done to minimize the effect to the site. Its one-hectare lagoon acts both as a storm water catchment and recreated wetland for wildlife. Every year, the project team conducts a tree-replacement program to replenish the greenery that had been displaced by development. Also in place as well, is an environmental monitoring system that measures water quality, coral reef cover, sea turtle nesting activity, and an inventory of the endemic bird species found in the development.
The team also recognizes that environmental protection needs to involve the local community and all stakeholders to succeed. The Local Government Unit, Pawikan Conservation Center and Municipal Fisheries and Aquatic Resources Management Council have been given financial and technical support to align sustainability and community development programs. The community has also spearheded periodic beach cleanups.
Ayala Land Premier has proven the worth of its commitment to incorporate ecologically sound design principles in Anvaya Cove. The result is an aesthetically pleasing, environmentally sensitive, and multi-award-winning development that’s officially in a class of its own.
|Posted on March 7, 2017 at 12:15 AM|
By Arlene Hatcha
July 22, 2016
Urban Land Institute (ULI) Philippines recognized various Ayala Land, Inc. (ALI) developments for Excellence in Health and Sustainability in its 2016 Healthy Places Awards held last, July 14, at Net Park in Bonifacio Global City (BGC).
BGC and Anvaya Cove won in the mixed-use community (large) and residential-horizontal categories, respectively, while Seda Nuvali received a special commendation in the commercial-hospitality category.
These accolades from ULI Philippines underscore ALI’s commitment to enrich quality of life by promoting sustainability and healthy lifestyles through its masterplanned estates and diverse products. ULI is one of the world’s most respected and widely quoted source of objective information on urban planning, growth, and development. The Healthy Places Awards recognizes projects with outstanding and innovative design strategies that promote healthy living. Through this, ULI aims to raise awareness of how land use decisions and development patterns impact human health. The winners were named based on their relevant contribution to enhancing the environment, thus, promoting healthy lifestyle choices.
Several ALI developments were also recognized as finalists, reflecting the breadth of the company’s efforts to fully embed sustainability into its business model. These were Makati Central Business District and Nuvali, both under the mixed-use community – large category; Garden Block at Cebu IT Park under the mixed-use community – neighborhood category; Alveo’s Ferndale Villas in Quezon City and Venare in Nuvali, both under the residential – horizontal category, Kasa Luntian in Cavite, Senta in Makati, and The Meranti at Two Serendra in BGC, all under the residential – condo category.
The criteria for the awards were ULI’s 10 principles for building healthy places.
Putting people first
Empowering champions for health
Energizing shared spaces
Making healthy choices easy
Ensuring equitable access
Mixing it up
Embracing unique character
Promoting access to healthy food
Making it active
Recognizing the economic value
Congratulations to all the winners!
|Posted on March 7, 2017 at 12:15 AM|
Ayala Land Premier (ALP) has recently launched Park Central Towers, a true icon of design.
Ayala Land Premier (ALP) has recently launched Park Central Towers, a true icon of design. Conceptualized by luxury boutique Singaporean design firm, SCDA in collaboration with storied architectural firm, Leandro V. Locsin Partners, the towers will soar above the crossroads of Paseo de Roxas and Makati Avenue. They will rest on a vast 15,860-sqm. parcel adjacent to an equally opulent Ayala Land Premier project, Roxas Triangle Towers. These prestigious, ultra luxury developments make up the Roxas Triangle block, which is turning out to be one of the most valuable residential real estate addresses in the country.
A glimpse of Park Central Towers’ well-appointed spaces can now be experienced at the project’s recently opened show flat located at the Glorietta 3 Park at Ayala Center, Makati City. Featuring a palatial three-bedroom Aquaview Villa Residence, the show flat exudes understated elegance sprawled across 289 square meters.
The paramount living experience promised by the ultra luxury development is evident as soon as one enters the unit’s own foyer, through a private lift. Upon entering the double doors, guests are ushered into a large living area, which boasts a double-volume ceiling height (5.7 meters) punctuated by a brass geometric chandelier. Wall-to-wall, floor-to-ceiling windows enliven the space by allowing natural light to flood in, at the same time offering the home’s residents’ sweeping views of the Makati skyline. A warm, muted palette of taupe, cream, and dark brown harmoniously complement the mix of various designer pieces and opulent textures in the space. This volume flows out into the unit’s own plunge pool and deck area. A statement lounge piece by Dedon anchors the space, and coupled with flooring of weather-resistant wood composite planks, give the deck the very airy, warm, and inviting feel of the outdoors.
The Aquaview Villa features a gourmet kitchen supplemented by an adjoining utility kitchen. The European-grade gourmet kitchen showcases custom cabinetry by Italian brand Varenna and a range hood, cooktop and oven by SMEG. In the dining area, a pair of antique wooden ceiling panels from an old church, preside over a long dining table made of local kamagong hardwood.
The more private spaces reflect the discerning lifestyles of its well-heeled residents, containing heirloom pieces, and various works of art. The two secondary bedrooms contain en-suite bathrooms with homogenous tile flooring and solid surface countertops. An entire wall of the master bedroom is clad in bronze mirror, complementing the king-sized bed. Twenty-four square meters are dedicated to the large master bath, which includes a striking walk-in-closet designed by Poliform. The bathroom’s wet area features a handheld shower and rain shower, as well as a stand-alone bath tub, affording residents an almost spa-like experience.
The interior design of the Park Central Towers show flat was envisioned by noted architect Jose Antonio Mendoza, who has evidently manifested Ayala Land Premier’s vision for the project. Striking the perfect balance between streamlined, contemporary pieces with timeless antiques ennobled by patina, Mendoza underscores the distinct value of an Ayala Land Premier residence: an investment that is valued today and for generations to come.
This latest Ayala Land Premier residential project is set to redefine the Makati skyline by 2024.
|Posted on March 7, 2017 at 12:10 AM|
courtesy of the Ayala Rewards Circle (ARC).
ARC, the country’s first multi-industry customer program, is committed to its promise of putting its members “first…always”. The program aims to recognize and better serve the Ayala group’s premium clients by providing exclusive offers and services which can be redeemed using the ARC mobile app. Aside from Ayala property exclusives, ARC members also enjoy these perks and privileges:
24/7 domestic and international concierge services for travel, hotel and dining reservations or bookings
Exclusive room rates at Ayala hotels plus other global hotel partners
Preferential treatment at BPI and select Globe stores
Discounts on car servicing and parts from the Ayala Automotive Group (Honda, Isuzu and Volkswagen)
Up to 30% off on dining and shopping privileges from local partners
Access to global iconic events (e.g. Wimbledon, US Masters)
Aside from clients of Ayala Land Premier, customers of Alveo, Avida and other Ayala subsidiaries (BPI, Globe, and Ayala Auto Group – Honda, Isuzu, and Volkswagen) can also become ARC members and enjoy the membership for five (5) years, subject to renewal upon meeting the eligibility criteria.
Not yet a member of ARC? Email firstname.lastname@example.org for assistance on how to register.
|Posted on March 7, 2017 at 12:00 AM|
Park Point Residences gets high commendation for Best Condo Development
The Philippine Property Awards, the local edition of the Asia Property Awards conducted by Ensign Media’s regional publication Property Report, gives high commendation to Park Point Residences under the category of Best Condo Development in Cebu.
Ayala Land Inc. is represented by Jaime E. Ysmael (Chief Finance Officer), Emilio J. Tumbocon (Group Head, Visayas-Mindanao) and Jose Juan Z. Jugo (Head of Ayala Land Premier), who received the award for Park Point Residences.
Mr. Jose Juan Jugo, head of Ayala Land Premier, received the award during the exclusive gala dinner recently held at the Fairmont and Raffles Makati. This event gathered top real estate executives and industry leaders in the country to recognize the best developers, developments, and design firms. The recognition sets the spotlight on Park Point Residences, which is a distinctive landmark that redefines the skyline of Cebu’s premier district for business, leisure, and living.
As Park Point Residences is integrated to Cebu’s premier lifestyle destination, Ayala Center Cebu, residents enjoy exclusive direct access to a wide array of shopping, dining, and entertainment options.
Park Point Residences offers high-grade finishes and fittings aligned with the quality of any Ayala Land Premier product. Its high quality finishes and fixtures connote refinement and elegance that caters to affluent buyers who fully appreciate the value of a personal refuge within a dynamic city life.
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