From PHP 8,100,000 - PHP 114,100,000
|Studio apartment||from PHP 8,100,000|
|1 Bed apartment||from PHP 19,000,000|
|2 Bed apartment||from PHP 48,200,000|
|3 Bed apartment||from PHP 87,000,000|
OFFICE RETAIL SPACE PRICES AVAILABLE ON REQUEST
28 SQM – 260 SQM/p>
A 60-storey architectural masterpiece rising at Century City, Makati with Armani Casa interior design and Daniel Libeskind designed the building’s architecture. Daniel Libeskind is the masterplanner of New York's Ground Zero.
The combination of Location in Century City, the designer Daniel Libeskind and interior design by Armani Casa make this the number one luxury development in Makati.
|Property||Price PHP||Price USD (*)||Price EUR (*)||Price GBP (*)|
|Studio apartment||from 8,100,000 PHP||from 152,000 USD||from 130,000 EUR||from 115,000 GBP|
|1 Bed apartment||from 19,000,000 PHP||from 356,000 USD||from 304,000 EUR||from 270,000 GBP|
|2 Bed apartment||from 48,200,000 PHP||from 903,000 USD||from 771,000 EUR||from 684,000 GBP|
|3 Bed apartment||from 87,000,000 PHP||from 1,630,000 USD||from 1,392,000 EUR||from 1,235,000 GBP|
(*) Guide Price only, due to possible currency fluctuations
|Property Ref||PEND 1012|
|Property Type||New Development|
|Region||National Capital Region|
|Building administrator/security office|
|24 hour security|
|Concierge and Guest Services|
|Exclusive access to the Gymnasium and swimming pools|
|Armani interior design|
Makati, officially the City of Makati, in the Philippines, is one of the sixteen cities that make up Metro Manila. Makati is located within the circle of 14'40 degrees north and 121'3 degrees east, right at the centre of Metro Manila. However Makati is much more than that in its importance to the Philippines let alone Metro Manila
The presence of 6 five-star hotels, eight shopping malls and 2,901 restaurants and bars in the city has strengthened its bid to become the “Urban Tourism Capital” of the Philippines.
Local and foreign tourists flock to Makati commercial centres primarily because of convenience, accessibility, quality of stores, ambience, interior and exterior environment that match world-class standards.
Makati is the financial centre of the Philippines; it has the highest concentration of multinational and local corporations in the country. Major Banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange is situated along the city's Ayala Avenue
Makati now has a thriving real estate sector due to the investment fundamentals that attract Filipino Overseas Workers FOWs to buy property for investment and their retirement. There is also a large amount of purchases from International investors especially from Singapore and China.
With a population of 529,039 Makati is the 16th-largest city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square KM. Although its population is just half a million, the daytime population of the city is estimated to be more than one million during a typical working day because of the large number of people who go to the city to work, shop, and do business.
A master-planned mixed-use community was established in the 1950s in Makati. Makati in the 1970s was a financial and commercial centre and part of the National Capital Region (Metro Manila). Makati became a City with the enactment of Republic Act No. 7854 and a plebiscite approval in 1995 during the term of former Mayor Jejomar C. Binay---now the Vice President of the country. Makati has been described as a City of three areas: the Central Business District, the Old Town or Poblacion area, and the Fort Bonifacio area.
Key Investment fundamentals include
The major attraction of this development is the unique state of the art design and the number one branding in Makati now taking over from the Trump Tower as the most desirable Condo in Makati so much so prices per square meter are actually more than the Trump Tower but with the project 70% sold out it is not deterring would be buyers from buying the most expensive real estate in Makati City do date
However the major part of this development that is catching Investors eyes is the sale of retail office space giving Investors a real opportunity to make high yield returns and capital growth but with rents in commercial property continuing to rise because demand exceeds supply this is where canny investors are putting their money
The Makati CBD investment fundamental very much apply to this development of supply and demand especially in this area. There is a growing demand for both office and residential space and both rental values and property values continue to increase. Most importantly whatever happens to property values rents will continue to increase well into 2020s and beyond as both the Philippine economy and most importantly the Makati economy shows no sign of slowing down. And with 48% of the Philippines GDP being created in the Makati area this is where investors want to invest.