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Friday, December 14, 2012

Billionaire Gokongwei to Join Magnate Okada in New Casino

Billionaire Gokongwei to Join Magnate Okada in New Casino
By Ian Sayson & Vinicy Chan - Dec 13, 2012 5:04 PM GMT+0800

Billionaire John Gokongwei will become a partner of Japanese pachinko magnate Kazuo Okada to build a Manila casino, projected to cost more than $2 billion in what would be the biggest such investment in the Philippines.

Robinsons Land Corp. (RLC), controlled by Gokongwei, signed a preliminary agreement with Okada’s Universal Entertainment Group for the project, the Manila-based developer and Tokyo-based Universal said in separate statements yesterday.

Okada, who holds a casino license awarded by the Philippine government, and former partner Wynn Resorts Ltd. (WYNN)Chairman Steve Wynn are feuding over accusations of bribery. While the Philippines has said it will cancel Okada’s license if bribery is proven, analysts such as Macau-based Grant Govertsen at Union Gaming Group said they are concerned about the appetite for such a large number of casinos in the Southeast Asia nation.

“It can hardly support two integrated resorts,” said Govertsen. “We’d doubt if these companies will be able to generate a meaningful return for their investment.”

Universal (6425), which makes the pinball-like machines used in pachinko parlors where customers play for prizes, said in September 2011 it would invest $2.3 billion in the project.

This figure “stands for now” and details and exact amount will be known next month when a final agreement is reached, Universal spokesman Nobuyuki Horiuchi said by telephone today. Robinsons Land President Frederick Go could not immediately provide a project cost today.

Fountains, Sand Beach
The final contract will be signed by Jan. 31, according to Universal’s statement. In addition to the casino, the resort complex will also have luxurious hotels, restaurants, commercial facilities, a budget hotel, residences and “Vegas-style water fountains and an enormous indoor pool with real sand beach covered by a huge glass dome,” Universal said.

Robinsons Land will be in charge of the development of commercial facilities and budget hotels and housing facilities for the project, Universal said.

Okada can’t open a casino in Manila if bribery accusations against him are proven, Cristino Naguiat, chairman of Philippine Amusement & Gaming Corp., said on Dec. 10. Philippine justice department is investigating bribery allegations against Okada, presidential spokesman Edwin Lacierda said Nov. 19.

Weighed Risks
Gokongwei would have weighed the risks for forging a partnership with Okada, Richard Laneda, an analyst at Manila- based COL Financial Group Inc. said.

“Gokongwei group is known to be very conservative and they don’t make investments without weighing the risk,” said Laneda. If the license is canceled later “then the Gokongwei group can bid for it or negotiate with whoever gets.”

As part of the agreement, Robinsons Land, a builder of offices and homes, will acquire majority of Eagle I Land Holdings Inc., which owns 30 hectares in the government’s PAGCOR Entertainment City project, and purchase a minority stake in Tiger Resorts, Leisure and Entertainment Inc., which owns the license to develop and manage a casino resort in the complex, according to the statements.

Shares of Universal rose 6.5 percent to 1,409 yen at the close in Tokyo trading, the most since July 13. Robinsons Land was unchanged at 21.50 pesos at the close in Manila, JG Summit Holdings Inc. (JGS), Gokongwei’s publicly-listed holding company, climbed 1.5 percent to 39.50 pesos.

Okada and Gokongwei’s venture will compete with partnerships between Philippine billionaire Andrew Tan and Genting Hong Kong Ltd.; a venture of Philippine billionaire Henry Sy and Melco Crown Entertainment Ltd.; and Bloomberry Resorts Corp. (BLOOM), controlled by port magnate Enrique Razon.

Melco Crown signed an agreement with Belle Corp., PremiumLeisure & Amusement Inc. and SM Investments Corp. to jointly invest $1 billion in the Manila casino resorts. Genting Hong Kong and Alliance Global Group Inc. plan to jointly invest $1.2 billion in the next three years on their new casino project Resorts World Bayshore, they now operate Resorts World Manila.

Robinsons Land is the nation’s second-largest shopping mall operator, while parent JG Summit’s other ventures include Cebu Air Inc., the nation’s biggest budget carrier.

To contact the reporters on this story: Ian Sayson in Manila at; Vinicy Chan in Hong Kong at

Tuesday, December 11, 2012

A Yuletide Affair - 13 Dec 2012 - The Season to be Merry is Here at Robinsons Land

A Yuletide Affair
10AM | December 13, 2012
The Grandshowroom, Robinsons Galleria

The season to be merry is here!
It's that time again when everyone comes together
to spend wonderful moments with one another.
Celebrate with us and create your own memories.

Learn more about Robinsons Luxuria and Robinsons Residences development, discover a lifetime of great stories waiting for you and avail the lowest monthly investments for:

The Magnolia Residences - New Manila, Quezon City
The Sapphire Bloc - Ortigas Center, Pasig City
Gateway Regency - Pioneer, Mandaluyong City
Signa Designer Residences - Valero, Makati City

0932 8797088

Wednesday, December 5, 2012

The Sapphire Bloc - Robinsons Land unveils project in Ortigas CBD

Robinsons Land unveils project in Ortigas CBD


Tuesday, December 4, 2012

Makati Condo near RCBC Plaza and PBCOM Tower - Signa Designer Residences

Makati Condo near RCBC Plaza and PBCOM Tower
Signa Designer Residences

One Bedroom Suite
corner unit with balcony
54.30 sqm
Php 5,587,673.40 (cash term)
or pay Php 14,652.94 monthly for 44 months
at zero percent interest!

Model units now ready for viewing
0932 8797088 (mobile) (email)

Typical Residential Features
  • homogenous tiles in dining and living areas
  • ceramic tiles in toilet
  • engineeed wood finish in bedroom
  • provision for split-type aircon
  • kitchen granite countertop
  • overhead and under counter cabinets
  • bedroom closets

Signa Designer Residences
located in Valero corner Rufino Streets, Makati City

View Signa Designer Residences Condo Makati in a larger map

near to
  • RCBC Plaza
  • PBCom Tower Makati
  • Siemens Inc.
  • Ayala Triangle Park
  • Salcedo Park
  • Legazpi Village Park
  • Lyceum of the Philippines
  • Centro Escolar University
  • Ateneo Professional Schools Makati
  • Asian Institute of Management
  • Makati Business Club
  • Philippine and Makati Stock Exchange

Recreational Amenities
  • Central Plaza
  • Retail Spaces
  • Adult and Kiddie Pools
  • Meditation Enclave
  • Gym
  • Private Theater
  • Function Room
  • Message and Therapeutic Rooms
  • Kiddie Playroom

Model units now ready for viewing

0932 8797088 (mobile) (email)

Thursday, November 29, 2012

Valero Makati Condo - Signa Designer Residences

Valero Makati Condo - Signa Designer Residences

Studio unit at 37 sqm

starts at P9,995 monthly for 45 months
with 10% down
zero percent interest!

P 4,390,530.60 (investment value)

  • facing amenities
  • own toilet and bath
  • modular closets
  • kitchen cabinets with modular cabinets
  • homogenous tiles in dining and living areas
  • ceramic tiles in toilet and bath

Other units available at Signa Designer Residences

  • One Bedroom (32sqm to 43sqm)
  • Two Bedrooms (56sqm to 64sqm)
  • Three Bedrooms (90sqm)  
Model units now ready for viewing:
0932 8797088 (mobile) (email)

  • Ayala Triangle Gardens
  • Salcedo Park
  • Makati Shangrila Hotel
  • Peninsula Hotel
  • Mandarin Oriental Hotel
  • CITIBANK Paseo
  • PBCom Tower
  • Makati Sports Club
  • Makati Medical Center
  • Asian Institute of Management
  • Ateneo Professional Schools Salcedo
  • Philippine Stock Exchange
  • Makati Golf Club Driving Range
  • RCBC Plaza

View Signa Designer Residences Condo Makati in a larger map

Saturday, November 17, 2012

The Sapphire Bloc Grand Preview Event on 22 Nov 2012

The Sapphire Bloc
The newest condominium project of Robinsons Land Corporation in Ortigas Center, featuring 4-residential towers creating new lifestyle in the city. Located in Sapphire, Garnet and Onyx streets where accessibility is close to Makati and Bonifacio Global City business districts.

Join us to know for the Grand Preview of The Sapphire Bloc on 22 November 2012, Thursday, 7PM, Grand Ballroom Crowne Plaza Manila Galleria.  Up for grabs are brand new digital cameras and zero percent monthly payment terms! Only Php 25,000 to reserve a unit. Kindly see the map below for reference. Strictly Semi-Formal Attire. RSVP: 0932 8797088

View Larger Map

Monday, November 5, 2012

One Bed - 36.90sqm - Furnished - Condo in New Manila The Magnolia Residences

The Magnolia Residences New Manila
One Bedroom - 36.90sqm - Furnished Unit
as low as Php 14,465,11 monthly for 59 months
  • with modular cabinets in kitchen and closets
  • homogenous tiles in dining and living areas
  • laminated floor finishing in bedroom
  • ceramic tiles in bathroom
  • two (2) window-type AC
  • one (1) 2-burner electric range
  • one (1) range hood
  • one (1) 8-cu.ft. Refrigerator
  • one (1) fully automatic washing machine
Call Now to Inquire!
+63932 8797088 (mobile)
+632 6244345 (landline) (email)

Magnolia Residences Condo near
  • The Magnolia Mall - Now Open! (Images Below)
  • Greenhills Shopping Center and Promenade
  • Wack Wack Golf and Country Club
  • St. Lukes Medical Center
  • Cardinal Santos Medical Center
  • UERM Memorial Medical Center

Schools near Magnolia:
  • Xavier School
  • Jubilee Christian Academy
  • St. Paul College Quezon City Campus
  • Immaculate Christian Academy
  • OB Montessori Center
  • Holy Spirit High School
  • Dominican College
  • Aquinas School

Call Now to Inquire!
+63932 8797088 (mobile)
+632 6244345 (landline) (email)

Sunday, November 4, 2012

Two Bedroom Condo at 58.50 sqm | Magnolia Residences New Manila

Two Bedroom Condo at 58.50 sqm | Magnolia Residences New Manila

  • with Balcony
  • Two Toilet and Baths
  • Maids Room with own toilet and Bath
  • Modular Cabinets in Kitchen and Closets
  • Homogenous Tiles and Laminated Floor
  • Nice Amenities for Family, Relatives and Friends
  • PHP 5,905,978.57 - Regular Price
  • Now only PHP 5,197,261.14 - Take Home Price
  • Save PHP 708,717.43

Call now to Inquire and see the model units
+63932 8797088 (mobile) (email)

Condo near

  • St. Paul University Quezon City Campus
  • De La Salle Greenhills
  • Xavier School
  • Jubilee Christian Academy
  • St. Joseph College
  • Immaculate Concepcion Academy
  • OB Montessori Center
  • Holy Spirit High School
  • Dominican College
  • Aquinas School
Shop and Play near

  • The Brand New Magnolia Mall
  • Greenhills Shopping Center
  • Wack Wack Golf and Country Club

Drive via
  • Aurora Boulevard
  • Gilmore Avenue
  • Eulogio Rodriguez Sr. Avenue

Call now to Inquire and see the model units
+63932 8797088 (mobile) (email)

Saturday, November 3, 2012

Robinsons brings mall projects to Malabon | 21 Oct 2012

Robinsons brings mall projects to Malabon 
By Zinnia B. Dela Peña | The Philippine Star | 21 Oct 2012

MANILA, Philippines - Gokongwei-led Robinsons Land Corp. is invading Malabon, one of the most highly populated areas in Metro Manila with the construction of the two-level Robinsons Town Mall.

Robinsons Town Mall, the 17th mall in RLC’s growing chain of shopping malls, will rise on a 23,000 squaremeter lot along Gov. Pascual and Crispin Sts., Tinajeros, Malabon.

The mall, which will have a gross floor area of 17,104.83 sqm., will be home to more than 250 tenants.

“Given the population density and the relatively few malls in Malabon, we believe there is an opportunity to put up a community mall that will address the basic needs of residents not just of Malabon but even Navotas and parts of Valenzuela and Caloocan,” said Arlene G. Magtibay, RLC general manager for commercial centers.

Malabon, which has more than 350,000 residents, is home to many small and medium enterprises.

The city of Malabon has originally been regarded as traditional fishing village. The past years, however, have seen the rise of various businesses and industries, which is a clear proof that it has indeed come a long way.

Magtibay said Robinsons Town Mall would be “substantially elevated” from the street level to ensure that the structure will remain flood-free.

The mall will also have ample parking space for both private cars and public transport.

Robinsons Land is the company behind the residential condominium development of:

  • The Magnolia Residences in New Manila, Quezon City

  • The Sapphire Bloc in Ortigas Center Pasig

  • Gateway Regency in Pioneer Mandaluyong

Robinsons Magnolia: More than a scoop of fun awaits shoppers | 18 Aug 2012

Robinsons Magnolia: More than a scoop of fun awaits shoppers
by Theresa S. Samaniego | Philippine Daily Inquirer | 18 Aug 2012

A single scoop from this ice cream haven decades ago was enough to put a twinkle on every child’s eyes. It was a habit too hard to break then and yet too sinful to indulge in.

From the many peach melbas, banana split, shakes and ice cream cakes it served, the Magnolia Ice Cream House in Quezon City no doubt brought smiles and priceless memories to all its patrons.

And while the old Magnolia Ice Cream House is no longer there for this generation to experience, a new structure promises to continue bringing picture perfect moments, to make those eyes twinkle again.

Relaxing ambiance

Located in the bustling corner of Aurora Boulevard and Hemady Street near New Manila, the recently opened Robinsons Mall Magnolia provides mall goers the relaxing ambience of an outdoor setting and the cool comforts of sleek interior spaces.

Inside, the mall boasts a grand entrance lobby and spacious hallways that lead to a four-level al fresco area that overlooks The Plaza, a lushly landscaped open space dotted with water features and an area for live entertainment.

The Plaza is also where the new Ice Cream House can be found, serving the same old concoctions that we so love.

Frederick Go, president and chief operating officer of Robinsons Land Corp., pointed out as well that Robinsons Mall Magnolia is a “very environmentally friendly mall and a green building.”

Go explained: “We have many firsts in our building [Robinsons Magnolia]. We actually collect rainwater here and recycle it. We also recycle treated water from our STP (sewage treatment plant) and as you can see, we have incorporated many features that make it a green building such as skylights. We have curtains that roll down to block out the heat.”

The 42,000-square-meter multistory Robinsons Mall Magnolia is the 32nd shopping mall of the Gokongwei-led RLC. It is Wi-Fi enabled and PWD-friendly (people with disability); and has babycare facilities, a customer pay lounge, valet service, and monitored taxi service. A concierge facility is also on hand to provide the best customer service.

ROBINSONS Magnolia will have three floors of al fresco dining
It also houses a distinct variety of shops and dining places.

“We have a wonderful tenant mix,” Go said.

True enough, the mall has international brands on the house including Topshop/Topman, Mango, Miss Selfridge, Dorothy Perkins, Muji, Warehouse, Anne Klein, Tommy Hilfiger, Fred Perry, Lacoste, Penguin, Perry Ellis, Ecco, Nine West, Promod and Miss Sixty. High street staples such as Gap, Cotton On, Aeropostale, Springfield, Cache Cache, Superga and Steve Madden can also be found in the Robinsons Mall Magnolia.

Dining experience
Gastronomic dining experience also awaits mall goers as Robinsons Magnolia will have some of the country’s best restaurants such as Tao Yuan, Thai Bistro, Conti’s, UCC, Sumosam, Clawdaddy, New Orleans, Elias, Uncle Cheffy, and Buffet 101, while shops such as Patchi, Red Mango, Happy Lemon, Mary Grace and Jamba Juice will surely satisfy the craving of every dessert lover.

What may be the most remarkable in the four-story Robinsons Magnolia is that it features what RLC claims to be the “fanciest food court in the metro that features island-type food stalls with open kitchens.”

Hobbyists, meanwhile, may find what they need from the different shops like True Value, Gourdo’s, Bow and Wow, Power Mac Center. For entertainment, there’s a Tom’s World and Gymboree for kids, and four digital cinemas that are easily accessible from the mall’s al fresco area.

The mall also has Robinsons Supermarket, Robinsons Department Store and Robinsons Appliance.

Following the opening of the Robinsons Magnolia, Go said RLC is set to open a few more malls in other key areas such as Butuan, Malolos, Antipolo, Las Piñas and Malabon.

Own a condo unit in Magnolia Residences starting as low as P14,995 monthly and relive the memories. Click the Image for more details: