Federal Land Tops Off Third Tower of Four Season Riviera

Federal Land, Inc. celebrates another milestone with the topping off ceremony of Four Season Riviera Peony Tower. The event marks the structural completion of the third tower of the development — a testament to Federal Land’s commitment to providing well-built living spaces, wellness amenities, and an auspicious address that brings good opportunities to more homeowners in Binondo, Manila.

Four Season Riviera is a prime riverfront home designed to allow good feng shui to flow directly inside the home and welcome good fortune and prosperity. Its strategic location within Binondo, Manila provides residents convenient access to thriving business centers, dining hotspots, lifestyle destinations, and nearby historic locations, such as Intramuros. The completion of its third tower offers residents a tranquil life without being fully detached from the main roads and the booming commercial center in Manila.

Captured in the photo is a prosperity ceremony, serving as the culmination of the topping off milestone, to invite good fortune for future residents of the Four Season Riviera Peony Tower led by Federal Land’s executives and partners (from left to right): Federal Land Sales Group Head, Margarita Saenz-Resurreccion; Federal Land Brand Marketing Department Head, Jose Eliseo Bringas; Federal Land Sales Channel Head, Allen Gafar Mindalano; EEI Corporation President and CEO, Henry Antonio; Federal Land Technical Execution Group Head Alvin Ty; Federal Land Product Planning Department Head, Robie M. Belgica; Federal Land Urban Planning and Design Group Head, Ar. Gilbert Berba; and EEI Corporation Senior Vice President for Building Andres Tumbokon III.

To know more about Four Season Riviera Peony Tower, visit www.federalland.ph or e-mail invest@federalland.ph to book a private viewing at GF Four Seasons Riviera, Muelle De La Industria corner Prensa Street and, Numancia St, Binondo, Manila.

Real Estate Projects to Watch Out for in 2016

Despite posting a slower growth of 5.3 percent in gross revenue in the second quarter of 2015, Philippine real estate remained the top employer among all industries, based on the Philippine Statistics Authority’s sectoral Quarterly Economic Indices for Q2 2015.

This same bullish outlook is shared by the country’s largest property developers, many of whom have unveiled ambitious projects that will keep them busy over the next few years. Online property portal Lamudi Philippines takes a closer look at some of the big-ticket projects we can expect to hear more from in 2016.

1. Alviera, Ayala Land

This 1,100-hectare large-scale, mixed-use development in Porac, Pampanga, is perhaps one of Ayala Land’s most ambitious projects to date. In fact, the company has earmarked Php90 billion for the project, significantly more than the company is planning to invest in its Arca South project in Taguig. The project’s Phase 1 development—which includes industrial park, a country club, three residential communities, and two academic institutions spread over 207 hectares of land—is already well underway.

2. E-com Center Projects, SM Prime

With the opening of FiveE-com Center this year, and three more office towers in the works until 2019, SM Prime’s Mall of Asia (MOA) Complex is poised to become a business district in its own right. The country’s largest mall developer already has two condo projects in the complex, three office towers, the country’s third largest mall, a convention center, and an indoor arena.

3. Westside City Resort, Megaworld Corp.

Andrew Tan-led Megaworld Corp. recently announced that it will infuse Php65 million for its integrated resort project in the Bay City in Paranaque. Dubbed Westside City (previously called Bayshore City Resorts World), the property developer’s 20th township will have a residential component boasting more than 1,230 units, in addition to a 3,000-seat opera house, shopping mall, and casino in keeping with the Bay City’s entertainment concept.

4. Federal Land and Alveo Land’s Binan Project

Early this year GT Capital Holdings through its real estate arm Federal Land and Ayala upscale subsidiary Alveo Land entered into a joint venture to develop a 45-hectare township project in Binan, Laguna. Both companies are jointly allocating a capital expenditure of Php1.9 billion for the yet-unnamed project. According to GT Capital, the project will be a few kilometers away from the planned Laguna Blvd interchange of the Cavite–Laguna Expressway and will be close to Nuvali and Ayala Westgrove Heights.

5. Clark Green City, Filinvest

In September, Andrew Gotianum’s Filinvest Land bagged the contract to develop 288 hectares of prime land in the Clark Green City, a project master-planned by the Bases Conversion and Development Authority (BCDA). The BCDA has already teamed up with the Home Development Mutual Fund (Pag-IBIG Fund) to build 2,000 affordable mixed-income housing units for the future employees working in the Clark Green City. Additionally, in August, the BCDA and the University of the Philippines signed an agreement to establish UP Clark Green City Campus in a 70-hectare area.