Residential Real Estate Prices Edge Up in Q4 2020

Residential Real Estate Prices Edge Up in Q4 2020 published by Bangko Sentral ng Pilipinas (BSP) dated March 26, 2021.

The Central Bank of the Philippines released its latest price index report of Residential Real Estate with nationwide uptrend last 4th Quarter 2020 . 

"After a steep decline in the previous quarter, residential real estate prices of various types of new housing units in the Philippines recovered in Q4 2020 based on the Residential Real Estate Price Index (RREPI). House price growth reverted to the positive territory as RREPI rose by 0.8 percent year-on-year, and by 2.4 percent quarter-on-quarter."

Complete report details on: http://bit.ly/BSP_RREPIQ42020

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Aurelia Residences and 'Sprezzatura'

Aurelia Residences and 'Sprezzatura'

This Soon-To-Rise Real Estate Property Is Out To Redefine Urban Luxury

Images and words by Philip Cu-Unjieng, Monday, September 23, 2019
Full article from Metro Style Magazanine
https://metro.style/living/tips/aurelia-residences-in-bgc/17094

Out to redefine urban luxury, Shang Properties Inc. and Robinson’s Land Corporation have joined forces to bring us Aurelia Residences at Bonifacio Global City.

The Aurelia Residences Scale Model 

"Sprezzatura" is defined as effortless, understated elegance. It’s elegance that isn’t ostentatious or showy. It’s the kind of luxury that’s self-assured and knows it is, and doesn’t have to impress or remind you. It was first coined in the 16th century to describe facets of Italian art and literature and became associated with fashion, design and lifestyle in the 20th century as epitomized by the likes of Gianni Agnelli. Prada, Tods, and Ferragamo are also seen as fashion-brand purveyors of this nonchalant, seemingly effortless approach to taste, class and elegance.

At the Aurelia Residences launching ceremonial toast; Atty. Karol Estavillo, COO & CFO Shang Properties Inc., and President of Shang Robinsons Properties Inc., Frederick Go, President of Robinsons Land Corp. and Chairman of Shang Robinsons Properties Inc., Taguig Mayor Lino Cayetano, James Go, Chairman of JG Summit Holdings, Wilfred Woo, Executive Director of Shang Properties Inc., and Vice-Chairman of Shang Robinsons Properties Inc., Lance Gokongwei, President & CEO of JG Summit Holdings Inc., Inho Rhee, Studio Head & Associate Director of Skidmore, Owings & Merrill, and Francesca Muzio, FM Archittetura d’Interni Director

The 400 square meter three-bedroom show unit exemplifies this ‘Sprezzatura’ attitude. It’s thoughtful, timeless, classic without looking staid or old, and possesses great attention to detail. The master bedroom has separate his and hers dressing areas. The service kitchen has a breakfast nook for quick, informal dining and late-night snacks. And in the main living area, there’s a fully functional show kitchen for the homeowner who’s proud of his or her own culinary skills. Throughout the unit, the architect and interior designer saw it fit to create little nooks and corners that bestowed a little sense of privacy within the confines of the available space.

Living Room at The Aurelia Residences

Bedroom Area

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RLC to develop 2 condominiums in Bridgetowne

RLC to develop 2 condominiums in Bridgetowne
published last September 5, 2019
Business World and ABS CBN News

Robinsons Land Corporation (RLC) inaugurated its first township including a bridge connecting Quezon and Pasig cities that is part of the 30.6-hectare Robinsons Bridgetowne.

Bridgetowne features residential condominiums, office buildings, shopping centers and a 5-star hotel. It will also feature a one-hectare park, a school, a hospital and a transport terminal.

First residential project, The Cirrus Residences

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Aurelia Residences by Robinsons Land and Shang Properties

Aurelia Residences by Robinsons Land and Shang Properties

Robinsons Land Corporation (RLC), the property business unit of JG Summit Incorporated and premium developer Shang Properties Incorporated (SPI) have formed a joint-venture partnership to develop a mixed-use project in Bonifacio Global City, Taguig City.

The Philippine Competition Commission (PCC) has approved the joint-venture project between RLC and SPI and found that the transaction does not result in substantial lessening of the competition as released by the Mergers and Acquisitions Office (MAO) of the PCC.

 
RLC and SPI are set to develop the 9,118 square meter land of RLC located at McKinley Parkway corner 5th Avenue BGC, with a disclosed total investment of at least Php 10 Billion.

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Robinsons Land Corporation Wins Big at Dot Property Awards Year 2018

Robinsons Land Corporation Wins Big at Dot Property Awards Year 2018

Robinsons Land Corporation Wins Big at Dot Property Awards Year 2018

Robinsons Land Corporation (RLC) was recently named the Best Residential Developer in Southeast Asia at the Dot Property Southeast Asia Awards 2018. Founded in 2016 by the Dot Property Group, a digital media company operating in several countries across Asia, the Dot Property Awards recognizes the region’s leading real estate companies. In the Southeast Asia category, property firms from Indonesia, Thailand, Vietnam, and the Philippines competed for the 27 major honors at stake.

Congratulations to all investors of any Robinsons Land development and to the management team of RLC.

Below are the projects located in key cities and business districts:

- The Residences at The Westin Manila Sonata Place, Ortigas Center, Mandaluyong City

- The Magnolia Residences, New Manila, Quezon City

- The Sapphire Bloc, Ortigas Center, Pasig City

- The Trion Towers, Bonifacio Global City, Taguig City

- Signa Designer Residences, Salcedo Village, Makati City

- Radiance Manila Bay, Roxas Boulevard, Pasay City

- Also available are move-in ready projects in New Manila, Quezon City, Bonifacio Global City Taguig, Manggahan Pasig City, Annapolis Greenhills, Pioneer Mandaluyong City, Merville Paranaque City, and Ortigas Center Pasig.

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Robinsons brings world-class hotel into luxury homes

Robinsons brings world-class hotel into luxury homes
November 25, 2016
The Philippine Star

The Residences at The Westin Manila Sonata Place

Robinsons Luxuria is creating ripples in the property development sector as it announces its strategic partnership with Starwood Hotels and Resorts, the company behind the prestigious Westin chain of hotels.

The premier residential brand of Robinsons Land Corp. (RLC) has teamed up with one of the leading hospitality and leisure groups worldwide to bring to the Philippines the first Westin-branded residential and mixed-use development in Southeast Asia.

Anchored on the remarkable synergy of Robinsons Luxuria’s real estate development excellence and Starwood Hotels and Resorts’ expertise in lifestyle branding, The Residences at The Westin Manila Sonata Place is set to transform the local property landscape by fusing world-class hotel experience with luxury residential living to create redefined value.

“Our commitment to serve and offer the best quality residential developments to match the discerning taste of our clients remains strong,” said Frederick Go, president and COO of RLC. “We are pleased to partner with Starwood Hotels and Resorts, working with their numerous consultants and experts in various fields to achieve the important standards of the Westin brand.”

“We are positive that our strong partnership will set new benchmarks for luxurious residences in the Philippines. This project will be at the forefront of our portfolio, being the most luxurious hotel and residential project to date of Robinsons Land Corp.,” he adds.

The Residences at The Westin Manila Sonata Place will rise an exclusive and private residential complex in the heart of vibrant Ortigas. It will share an iconic address with The Westin Manila Sonata Place hotel and the existing twin- tower luxury high- rise Sonata Private Residences at the Sonata Place Complex.

Sonata Place boasts of prime location along San Miguel Ave., which is one of the main thoroughfares of the bustling Ortigas Center business district. It is surrounded by landmark buildings and establishments, commercial centers, key institutions—hospitals and schools—as well as offices of multinational and large corporations.

Sonata Place is in an advantageous position to cater to the expanding high-end residential market in the Philippines, comprised of highly successful and discerning entrepreneurs, professionals and executives as well as the growing population of expatriates, returning overseas Filipinos and global travellers.

Envisioned as a distinctively modern structure with a predominant glass element to achieve understated elegance, The Residences at The Westin Manila Sonata Place will rise above the metro as a new landmark of luxury in the city. Home seekers and investors can select among one-, twoand three-bedroom units as well as premium penthouse units.

Residential units will be designed in signature Westin style, including trademark touches such as The Westin Heavenly® Bed included in every Master Bedroom and the Heavenly® Bath shower experience which will elevate daily living into everyday hotel experience. All kitchens will feature Gaggenau appliances and Leicht cabinets to make everyday cooking a pleasurable experience.

Meanwhile, The Haven spans four floors of exquisite signature amenities designed for work, play and leisure. Residents will also enjoy membership in the Starwood Preferred Guest® Program and access to other hotel a la carte services through the Resident’s Card.

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Sensible developments that foster lifetime of love, togetherness

By Theresa S. Samaniego
Philippine Daily Inquirer

Friday, June 15th, 2012

After the wedding bells have been rung and the I Do’s have been exchanged, couples now need to focus on more practical matters—like finding a house or a condominium unit, for instance.

This is why for the month of June, said to be the most preferred time for weddings, Inquirer Property will be featuring in its “Condo Hunt” series developments that newlyweds might want to consider as they begin their journey to a lifetime of love and togetherness.

This week, we are showcasing different projects by Robinsons Land Corp. (RLC) that you may find suitable enough to start your families. Depending on your needs and whims, here are some of RLC developments that are equipped with all the right stuff—from design to amenities—that would surely help couples keep the fire of love burning:

1 The Trion Towers. This three-tower project sits on a one-hectare lot on Eighth Avenue corner McKinley Parkway and is one of the four Robinsons Residences projects located within the Bonifacio Global City.

With unit cuts ranging from one- to three-bedroom flats, the Trion Towers will help couples continue their “honeymoon stage” with its distinctive multifunctional architectural design complemented by the project’s well-thought amenities and prime location.

According to RLC, the Trion Towers features a fitness zone (sports and fitness amenities), calming zone (rest and relaxation amenities) and an interactive zone (recreational amenities) that provides for efficient, relaxed and secure city living.

2 Azalea Place. This 25-story single-tower development, which is an ideal option for newlyweds and young Cebuano families looking for a comfortable home, is the first residential condominium to rise on the busy Gorordo Avenue in Lahug, Cebu City.

Making the Azalea Place stand out is its modern Asian design, concrete façade and tall glass windows, as well as the fact that it houses retail outlets at its ground floor and is near the shopping malls and a variety of restaurants.

Couples and startup families will meanwhile have access to several lifestyle options right inside the building, including a game room, a library/Wi-Fi lounge, fitness center, swimming pool, spa pool, a Japanese-inspired gazebo and reading nooks.

Each of the 407 units at the Azalea Place will also have an intercom connected to the reception counter, automatic smoke detectors, fire alarm and sprinkler system, cable TV line, telephone line, ample ventilation, hot water supply line and an available electrical load provision.

3 Gateway Regency. The Gateway Regency on Pioneer Street in Mandaluyong City caters to young couples who cannot stand being away from the urban zone, as this is strategically located within the Cybergate Complex, which hosts the Forum Robinsons Mall and other RLC residential condominiums, hotel and office buildings.

Like all RLC developments, it will feature amenities such as adult swimming pool, fitness center, landscaped gardens, barbecue pits, gazebos, reading area, Wi-Fi hotspot to ensure a relaxing yet exciting life for couples.This 33-story project, which evokes a contemporary architectural design, provides its homeowners the convenience and comfort of living beside retail areas, commercial establishments, offices and near efficient transport hubs like the MRT. Its prime location also provides residents access to main roads like C5 and Edsa.

4 Magnolia Residences. The four-tower Magnolia Residences, which is part of a five-hectare masterplanned residential commercial complex in New Manila, Quezon City, can provide newlyweds a friendly neighborhood ambience that makes it truly ideal for raising a family.

Like most RLC developments, the Magnolia Residences provides a wide array of stress-buster amenities such as a game room, fitness center, multipurpose room and library and affords residents proximity to commercial establishments, key urban hubs, premier hospitals, prominent educational institutions and major modes of transportation such as the LRT 2, thus making it all the more ideal for startup families.

Magnolia Residences has comfortable units that start from one bedroom (36 square meters) up to four bedrooms (156 sq m).

5. Woodsville Residences. An exclusive townhouse enclave situated in Merville, Parañaque, Woodsville Residences sits on a nine-hectare masterplanned RLC development dubbed as Woodsville City.

This development showcases a modern gated community with wide open space for recreational activities that guarantee relaxed and more secure living conditions. It also features a comprehensive list of amenities such as outdoor children’s play area, adult and children’s pool, gym, activity garden, al fresco lounge area and function rooms.

Woodsville Residences is also near business districts in Makati and Bonifacio Global City and other important establishments like hospitals, airports, educational institutions and offices.

A first in history: PH gets investment grade

A first in history: PH gets investment grade 

By Kim Arveen Patria | Yahoo! Southeast Asia Newsroom – Wed, Mar 27, 2013

 The Philippines bagged a landmark vote of confidence as global debt watcher Fitch raised the country's credit rating to investment grade Wednesday.

For the first time in history, the Philippines is deemed as an econmy where it is safe for global investors to pour in capital.

Fitch Ratings said the country's long-term foreign-currency issuer default rating (IDR) is now up to BBB- from BB+. The long-term local-currency IDR has likewise been raised to BBB from BBB-.

An investment grade is seen to lower the Philippines' borrowing cost, thereby increasing opportunities for the government to save.

Related story: Why Aquino vetoed Magna Carta for the poor 

"The Philippine economy has been resilient, expanding 6.6% in 2012 amid a weak global economic backdrop," Fitch said in a statement posted on its website.

Key drivers for the credit rating hike, Fitch said, are strong external balance sheets, a persistent current account surplus and high remittances.

Fitch also lauded reforms implemented under the previous and present administrations, which it said led to "favorable macroeconomic outturns."

"Improvements in fiscal management begun under President Arroyo have made general government debt dynamics more resilient to shocks," Fitch said.

Fitch is the first debt watcher to give the Philippines an investment grade, even as two other rating firms place the Philippines only a notch lower.

Standard & Poor's considers the Philippines a BB+ market at present while Moody's Investors Service gave it a Ba1 rating.

Related story: More women hold diplomas vs. men
Welcoming the long-awaited credit rating upgrade, President Benigno Aquino III said the development will "encourage even greater interest and investments in our country."

"This is an institutional affirmation of our good governance agenda," Aquino said in a statement posted on the Official Gazette.

"Sound fiscal management and integrity-based leadership has led to a resurgent economy in the face of uncertainties in the global arena," he added.

Also commenting on the upgrade, Asian Development Bank Country Economist Norio Usui said it "can trigger the kind of investment that will help carry the country into its next phase of development."

"Prudent measures to attract investment, improve the business climate and diversify the economy have paved the way for growth," he added.

The ADB official however challenged authorities "to make that growth more inclusive by creating more and better jobs."

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

Bloomberg.com

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.

Competition

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 isayson@bloomberg.net; Vinicy Chan in Hong Kong at vchan91@bloomberg.net

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

RSVP:

0932 8797088

robisonslandcondos@gmail.com

The Sapphire Bloc - Robinsons Land unveils project in Ortigas CBD

Robinsons Land unveils project in Ortigas CBD

By Doris C. Dumlao

6:02 pm | Monday, November 19th, 2012 

Philippine Daily Inquirer

MANILA, Philippines—Robinsons Land Corp. of the Gokongwei group has unveiled its biggest property project at the Ortigas central business district to date—a lifestyle-oriented block consisting of four residential towers and a retail hub.

RLC acquired additional parcels of land in Ortigas to form the 8,300-square-meter “The Sapphire Bloc,” which will have four residential towers and a 2,000-sqm retail space for gourmet restaurants, dessert bars as well as coffee shops and service outlets, officials said in a briefing on Monday.

In an interview, RLC vice president for business development and financing Mybelle Aragon-Gobio said RLC originally owned only 2,500 square meters of land in the area that was supposed to accommodate only two residential buildings. But encouraged by the strong takeup of the first Sapphire tower, she said RLC took the opportunity to acquire adjacent properties foreclosed by banks and come out with this development bounded by Sapphire, Garnet and Onyx streets.

Aragon-Gobio said the 38-story first tower, which was launched a year ago, would likely yield P1.6 billion in sales revenue. RLC has now sold 60 percent of the 408 units in the first tower. The 40-story second tower, which will have 482 units, will be launched next year.

RLC will turn over the residential units in tower 1 by 2016, when the retail component on the ground floor opens its doors to the public, she said.

The Sapphire Bloc is offering one-bedroom units, the biggest of which measures 37.30 sqm, for P4.16 million. Two-bedroom units, measuring 60 sqm, are selling for P6.74 million. The three-bedroom units, at 97 sqm, go for as much as P10.77 million.

The units are effectively selling for around P110,000 per square meter.

Aragon-Gobio said the project was in line with RLC’s thrust toward “selective prudent expansion” in the residential property market.

“We’re focusing on the market that’s more stable,” she explained.

The Art Deco-inspired project is designed by W.V. Coscoluella and Associates, one of the country’s top architecture firms.

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