Owning a piece of an Ayala property in Makat now made easy!
pumps up urban lifestyles with: proximity and access to the city's power core; space-efficient STUDIO, 1-BR, and 2-BR units; sleek amenities including a rooftop lounge with killer city views
* A RED-HOT LOCATION
-Prime Links takes you to places in Makati Central Business District
* A HOME THAT LOOKS THIS GOOD
- An address reflecting your style and your swagger
A commanding 46-storey tower of 821 space-efficient homes, amplified by 1,600 sq.m of sleek amenities.
* AN URBAN STYLE PLAYGROUND
- Nearby destinations setting trends in convenience, cuisine, and culture
Rental income Php220,000.00/month
• 840 sq. m. multiplex "Some units are bungalow type"
-
MLS®
$568,200 USD
- Php 25,000,000.00
Batangas City, Batangas
-
Tenanted Residential Villa near STAR Tollgate at Batangas City.
Fully furnished up to the kitchen utensils and fully fitted.
LOT AREA: 2,600.00 sq.m. with lots of green grass, plants, ornaments and foliages.
FLOOR AREA: 840 sq.m. comprising of 20 Bedrooms, 19 Toilet/bathrooms, 8 Salas, 1 Office, 2 Maid's room
Amenities: Two swimming Pools; Back-Up Generator (sufficient enough to rung refrigerator, pumps and lightings); a social dining are; SPA, Fenced in and secured with 2 roving guards per shift.
Rental Income: P220,000.00/month. Tenant belongs to one of the Philippines' top corporations and are willing to extend their stay indefinitely.
Selling Price: P25 Million.
Property information
MANILA, Philippines - Multilateral lender International Monetary Fund (IMF) believes the Philippines has the capability to survive the impact of the fragile economic growth in advanced economies led by the US as well as the sovereign debt crisis in Europe.
IMF deputy managing director Naoyuki Shinohara said in an interview with reporters that the strong external payments position would give the Philippines enough room to maneuver.
“There is no way you can avoid the impact of the slowdown of the European and US economy. Fortunately, the Philippine government has large room to cope with the situation, both in fiscal and monetary policy areas,” Shinohara stressed.
He cited the strong external payments position of the Philippines particularly the country’s gross international reserves (GIR) and balance of payments (BOP) position.
Latest data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s GIR jumped 32.6 percent to $75.814 billion in the first 10 months of the year from $57.153 billion in the same period last year on the back of the revaluation of the central bank’s gold holdings as well as strong earnings from its investments abroad and foreign exchange operations.
The GIR – the sum of all foreign exchange flowing into the country – is enough to cover 11.2 months worth of imports of goods and payments of services and income as well as 10.6 times the country’s short-term external debt based on original maturity and 6.4 times based on residual maturity.
The BSP originally saw the GIR hitting a new record level $63 billion and $64 billion but was later revised to range of $68 billion and $70 billion.
On the other hand, the BOP surplus jumped 166 percent to $9 billion in the first eight months of the year from $3.381 billion in the same period last year breaching the revised full-year target of $6.7 billion on the back of the strong capital inflows into emerging market economies.
The BOP refers to the difference between foreign exchange inflows and outflows on a particular period and represents the country’s transactions with the rest of the world.
Authorities see the country’s BOP surplus hitting $6.7 billion from a record level of $14.4 billion last year.
“The external position is much stronger than before with large foreign reserves and stronger BOP. So the government here needs to be careful about possible impact of the global slowdown but at the same time I think they have enough room to respond to these situations,” he explained.
He pointed out that the Philippines would be affected in terms of its balance of trade as both the US and European countries are major destination of Philippine-made products and are major sources of imports.
“In that extent, the Philippine economy will be hit by the slowdown of growth in those regions as well. As for the financial channels, we have seen in the recent months the decline in equity prices and exchange rate appreciation,” Shinohara said.
Weak global trade and underspending by the Aquino administration pulled down the country’s gross domestic product (GDP) growth to four percent in the first semester of the year from 8.7 percent in the same period last year.
This prompted the Cabinet-level Development Budget Coordination Committee (DBCC) to scale down its GDP growth forecast anew to 4.5 percent to 5.5 percent instead of the revised five percent to six percent this year.
“The growth has slowed down a little bit this year mainly because of the global economic slowdown and the subsequent slowdown in exports as well as the cautious fiscal expenditure.
But overall, the Philippine economy is doing well,” Shinohara stressed.
The IMF recently downgraded the GDP growth forecast for Asia to 6.3 percent instead of 6.8 percent this year and to 6.7 percent instead of 6.9 percent for next year in line with the weaker global outlook. The lender lowered the GDP growth forecast for the Philippines to 4.7 percent instead of five percent this year and to 4.9 percent instead of five percent for next year.
According to him, the multilateral lending agency believes there is no “quick fix” of the issues involving the US as well as countries in Europe.
The IMF official said the agency supports the efforts of the Philippine government to trim the budget deficit to two percent of GDP starting 2013 until the end of the term of President Aquino in 2016.
“On the fiscal side, it is important that they maintain prudence in policy management. We support the policy goals of the Philippine government in that issue. Of course they need to work on improving infrastructure, safety nets like education, they should come from stronger tax administration and through revenue raising measures,” he said. - By Lawrence Agcaoili (Philstar News Service, www.philstar.com) 20 hrs ago.
Highly motivated seller
• 131 sq. m., 2 bath, 2 bdrm single story
-
$256,000 USD
- P 10.9 Million
Mckinley Garden Villa, Mckinley Hill
-
This beautifully furnished condominium is in the south end of the building with a nice view of Mckinley Villa residential subdivision to the east.
At the ground floor of a 4 floor walk up low density residential condominium building, this unit can be easily accessed from the garage and the driveway, ideal for retired couples or for busy but tired executives who can't wait to get home to finally relax after a hectic day.
It is conveniently located at upper Mckinley road with access to C5 leading to either south super highway or to the north of Metro Manila. Makati is 30 minutes away by way of South Superhighway or Forbes Park.
Through Lawton Avenue, Bonifacio Global City (http://www.fbdcorp.com) is mere 5 minutes leisurely drive away while the airport is 15 minutes stress free drive away.
Cluster community amenities include a swimming pool, a gym, a clubhouse where parties may be held. Mckinley hill itself is a sprawling community inside Fort Bonifacio, the home of the Philippine army. It has all sorts of restaurants and botique stores, schools like Enduran school of culinary arts, Korean and Chinese international schools, and embassies of Korea and UK.
The owner is a motivated seller and will not refuse a reasonable offer.
Property information
By: Doris C. Dumlao
Philippine Daily Inquirer
MANILA, Philippines—The Philippines has a fresh opportunity to be Asia’s next tiger economy, potentially regaining the glory lost decades ago, according to a visiting regional business leader from Brunei.
Dato Timothy Ong, a leading Brunei businessman who founded and now chairs regional dialogue platform Asia Inc. Forum, said in a press briefing on Monday that he has seen signs that the Philippines could revisit its goal of being the next Asian tiger despite staying at the bottom half of the 10-member Association of Southeast Asian Nations (Asean) in terms of economic performance for years.
Ong is also the convener of Asean 100 Leadership Forum, which will be hosted by the city of Makati on Sept. 28-29 at the Makati Shangri-La. This year’s Asean meet aims to foster insightful and intelligent discussions on the future of Asean and how the region can emerge as one of the world’s significant economic blocs.
For Ong, the Philippines can join the ranks of Taiwan, Singapore, South Korea and Hong Kong, the so-called Asian “tiger” economies or newly industrializing countries. He cited five reasons why the country, though a “dark horse,” had the makings of the next “tiger.”
First and foremost, Ong said the new leadership under President Aquino has promised to weed out corruption in the country, which has been creating a lot of optimism.
It’s widely perceived that the high level of corruption in the country has driven up the cost of doing business.
The second reason, Ong said, would be the Philippines’ vast pool of hardworking and skilled manpower, many of whom have been deployed across the globe. “With this wealth of human resources, it’s important to ask then why the Philippines isn’t more successful economically,” he said.
The third factor would be the Philippines’ “centers of excellence,” Ong said, noting that the country has become a competitive hub for business process outsourcing. He likened the Makati central business district to a “First World” city in a Third World country. “If the Philippines is capable of being first world in these centers of excellence, why can’t it be First World in every respect?” he said.
Ong said the fourth reason would be the Philippines’ homegrown companies that were at par with the world’s best. He cited fast-food giant Jollibee Foods Corp., international port operator International ContainerTerminal Services Inc. and the Ayala group of companies.
“There is a sense of optimism that characterizes the country as a whole. As the new government takes its steps in leading the country towards change, it may be able to experience higher standards of governance,” he said.
Finally, Ong noted the Philippines’ “sharply improving competitiveness” as another factor supporting its aspiration to be the next tiger economy. He cited recent reports that the Philippines had jumped 10 notches to 75 from 85 in the latest ranking of the World Economic Forum. Ong said this happened only within the first 15 months of the term of the new president.
Meanwhile, Ong said Asean would likely partly meet its target to establish an integrated economic community by 2015.
“A One Asean is important for our collective future to accelerate the economic growth, social progress and economic stability in the region; to promote active collaboration and mutual assistance in economic, social, cultural, technical and administrative spheres,” Ong said.
“At the moment, Southeast Asia is like a big gated community where neighbors barely know each other. They know each other by name, they exchange pleasantries but they wouldn’t really go out of their way to have dinner at each other’s house,” he said.
Once integrated, he said, Asean could be a very influential bloc as it could become Asia’s third-largest economy next to China and Japan and the ninth-largest in the world.
By: Gerardo P. Sicat
Let us examine more specifically the political constitutions of three of our closest neighbors in ASEAN: Indonesia, Malaysia, and Thailand. These economies have managed impressive economic performance over time.
“Investment incentives laws and constitutions.” Do these three neighbors have constitutional provisions that define and restrict the participation of foreign capital in their economic activities? No, they do not! Do they have specific laws seeking to define the limits and control of foreign capital in their economy? Yes, of course, they do! Their governments passed laws and investment regulations that delimited the role of foreign capital within the economy.
These neighbors launched their respective industrialization programs about one decade after ours. They looked up to our experience – up to a point. When they enacted their investment incentives laws, they imitated how we structured our laws. As they did not have the economic restrictions that our constitution imposed upon us, their provisions for attraction were more generous and positive if not much more imaginative.
“Indonesia’s 1945 constitution.” This constitution was written for Indonesia prior to independence and it served to guide the young republic in its early years. Then came a period of time when another provisional constitution replaced it. When Suharto took political power in the 1960s, he found the simple 1945 constitution to his liking. He made it the country’s law of the land throughout his long period of political rule.
The constitution made general statements about the country’s political principles. The only economic provisions that could be read into it is on that which said that the major means of production are to be controlled by the state and that state had a role to take care of the poor. Such provision practically gave the government the license to undertake economic policy as it saw fit.
After the fall of Suharto, attempts were made to amend the Indonesian constitution to introduce political amendments. The changes were designed to improve the provisions to enhance democratic institutions. But the 1945 constitution stays essentially intact. And the amendments did not add any constraining provision regarding the economy.
“Malaysia’s constitution.” The political constitution of Malaysia is a very simple political statement about the structure of the Malaysian federation. It lays out the political structure of the Malaysian state. It is a monarchy with the head of state alternating among the federal states of Malaysia.
It is a very brief constitution. There are no economic provisions. The social contract between the government and the people is defined by the statement of the fundamental liberties of the people. This is like the bill of rights. The closest provisions related to economic issues pertain to private property but was more a statement of freedom from unjust expropriation. The Malaysian constitution is elegantly written in simple English.
One thing is common in Thailand’s many constitutions. They did not contain economic provisions. The changes in the political constitutions meandered between different provisions of the political structure of the state and the balancing of political forces within society. Such changes often involved moves between unicameral to bicameral legislative bodies and by the changing proportions of elected to appointive members of parliament.
Without any directions on how the constitution meant to govern the economy, Thailand ‘s various governments addressed the economic problems of the country as they saw fit. The guidance of the economy was fluid and less contentious than the politics of the nation. As a result, agriculture, industry, and the services industry developed smoothly over time.
“Impressive development across the decades despite volatile external economic and political challenges.” All three countries have grown impressively over the last three decades – since the 1970s. Our growth achievements were at par with these countries until the 1980s when they all made permanent gains ahead of us. Each economy weathered the financial crisis of 1997 through the appropriate adjustments adopted by each government.
During the energy crisis of the 1970s, Indonesia and Malaysia were energy surplus countries while we suffered a serious energy shock. They had a prolonged economic boom compared to our choppy growth. Energy explorations of previous years undertaken by foreign companies made them discover their energy resources. Thailand had few energy resources but discovered substantial natural gas during the 1980s, again through successful explorations by foreign companies.
During the 1980s to the present, these countries managed to experience large infusions of foreign capital into their economies. At first this was through natural resources using investments in minerals and land but later also through expansion of manufacturing investments. Also, their public utilities and public infrastructure managed to attract enormous foreign financing to finance their expansions.
The automobile industry has become an important sector of industry in these economies. We were the country that tried to initiate the automotive industry regional complementation program. By the generous policies of Thailand to the automakers – both in permitting fully owned investments in the car manufacturing industries, Thailand has become the center of the automobile industry in the ASEAN.
All three countries have very successful tourism industries. Unlike us, they were not hampered by serious protectionist features of our tourism program in the Philippines. Their policies regarding the participation of foreign capital made possible land developments, hotel investments, and liberal air transport policies that made the foreign tourism sector grow well.
These economies have been impressive over time but they also had unique problems of their own that sometimes questioned their possible success. Indonesia certainly had much more difficult problems compared to that of Malaysia or of Thailand. For one, the population pressure in Indonesia was more intense. Other dissimilarities stemmed from different economic policies pertaining to industrial and agricultural development.
Initially, Indonesia saw its prospects differently. It also saw its huge population level as the basis for a large domestic industrial market. For years it was the most protectionist among the ASEAN countries. In many respects it was more protectionist than the industrial regime that was developing in the Philippines.
Then in the mid-1980s, Indonesia gradually opened its economy much more – especially in industry. It reformed its major industrial monopolies, allowed greater trade and industrial openness. Macroeconomic, trade and industrial reforms during the 1980s improved its industrial prospects and agricultural prospects immensely.
My e-mail is: gpsicat@gmail.com. Visit this site for more information, feedback and commentary: http://econ.upd.edu.ph/gpsicat/.
August 14, 2011, 8:00am
MB, MANILA, Philippines — Two factors – skilled workforce and competitive labor cost – account for investors’ choice of the Philippines as an ideal investment site. Many foreign companies reportedly prefer Filipino workers because they are easily trained, industrious, computer literate, English-speaking, and willing to work longer hours and at cheaper labor cost. We have the best workforce in the world,” the Philippine Economic Zone Authority (PEZA) declares, citing the aforecited traits as to why the Philippines continues to attract foreign investors.
Every year, the Philippines sees an increased number of companies setting up operations in the country. The biggest number of foreign direct investments (FDI) in the Philippines has been in the call center and/or business process outsourcing (BPO) sector. Special incentives are given for companies in the BPO sector that are setting up branches in the Philippines.
PEZA grants investors that are locating their BPO or call center operation within a PEZA zone or building a number of incentives, including reduced taxes (e.g., on the importation of information technology equipment). Companies file for incentives by the Board of Investments (BoI) wherever they may be located.
In the first five months of 2011, FDIs reportedly rose by 189 percent to R300 billion and this is attributed to renewed investor confidence. Republic Act 7042, the Foreign Investments Act of 1991, is the basic law that governs foreign investments in the Philippines.
The Philippines is regarded as a good investment location because of the many advantages it offers to local and foreign investors, including strategic location, skilled professionals and workers, improved infrastructure, liberal economic policies, and growing market.
By: Dr. Bernardo M. Villegas
Filipinos living abroad—either as permanent residents in their respective host countries or OFWs—are still perplexed about previous efforts to amend the Philippine Constitution of 1987. What many of them recall was the strong objection of some political groups who were afraid that the Charter change (Chacha) was being pushed in order to perpetuate in power the incumbent President and other elected officials. Let me explain why we need the Chacha irrespective of the political motivations of those who are in favor or against it.
There is no question in my mind that we have to amend the 1987 Constitution. There are economic provisions in our Constitution that are serious obstacles to the national economy attaining the growth rates that are a necessary, though not sufficient condition for eradicating Philippine poverty, one of the worst in the entire East Asian region. My premise is that a GDP growth rate of 7 to 10 per annum must be sustained for 10 to 20 years before we can bring down our poverty incidence from its present high of over 30 percent to below 10 percent, which is still the poverty incidence prevailing in the most powerful economy in the world, the United States of America.
This high GDP growth needed to combat poverty over the long run cannot be attained without a large infusion of foreign direct investments (FDIs), as can be gleaned from the experience of China over the last 20 years. In 2010, for example, China attracted more than US$100 billion in FDIs, contrasted with less than US$2 billion in the Philippines. Our closest competitors for investments, Indonesia and Vietnam, attracted US$10 billion and US$7 billion, respectively.
The timing in amending the Constitution is, however, an important issue. The world is still recovering from the Great Recession. The Philippine economy has just begun to accelerate its growth from the low averages of 3 to 4 percent attained in the past to 7 percent or more. I think we should allow the present leadership to completely focus on what can be done in the next three years to sustain the 7.3 percent growth in GDP that was attained in 2010. It would be counterproductive to distract our leaders by what can be a very divisive process of amending the Philippine Constitution.
There are enough doables in the next three years that can improve the investment climate even without removing the constitutional obstacles to foreign investments. The Philippine financial system is still awash with savings that can be used for investments in infrastructure, energy, telecommunications, real estate and housing. Such local funds are good for at least the next three years to sustain an annual growth of 7 percentr or more.
Over a longer time period, however, we will have to supplement local money with substantial amounts of foreign equity, coupled with foreign technology and access to foreign markets, in order to continue and even accelerate our growth rate. With foreign
funding, we can target annual growth rates of 8 to 10 percent in the last three years of this present administration and beyond. The two largest emerging markets of Asia, China and India, have already accomplished this feat, precisely with help from significant amounts of foreign direct investments. Indonesia and Vietnam, among the largest emerging markets in Southeast Asia, are following the examples of China and India. We can do no less.
To determine which economic provisions need amendment in order to attract higher levels of foreign investments, we can turn to the seven foreign chambers of commerce in the Philippines who did us the service of identifying the most critical changes that can accelerate economic growth in the Philippines. In the very valuable document entitled “Arangkada Philippines 2010: A Business Perspective,” these needed amendments were literally handed to us on a silver platter. On pages 279 to 282 of this document, we read: “Constitutional restrictions on land ownership and public utilities in place since 1935 are the most formal barriers to foreign participation in the Philippine economy. Relaxing them would ease the entry of foreign capital needed for further modernization and growth and could increase competition in these sectors, benefiting the entire economy. Other constitutional restrictions limit foreign investment in advertising, education, media and natural resources.”
In my own research I concur with the recommendations of the seven foreign chambers that there can be a quantum leap in foreign direct investments if foreigners are allowed to own land for industrial and commercial purposes. Furthermore, limited ownership for residential purposes would simplify current arrangements. Allowing foreign ownership of land will benefit the economy by increasing investments in businesses using land, such as manufacturing, property development, and tourism—three sectors that have very high potentials for growth in the next 10 to 20 years. Even Vietnam, still considered a socialist economy, allows the foreign ownership of land.
Given the need to amend the economic provisions of the Constitution, when would be the opportune time to introduce these amendments? I suggest that we postpone the process of constitutional amendment till 2013 to give time to the present administration to consolidate the reforms needed for high and sustainable growth with equity. Among the doables that do not need constitutional amendment are combatting corruption, reducing the fiscal deficit, reducing the cost of electricity, eliminating bureaucratic red tape and improving infrastructure in the countryside. In fact, among the bills President Aquino wants the legislature to prioritize, there are those that address very specific issues that have to do with improving the investment climate. Among them are the fiscal responsibility bill mandating legislators to pass counterpart revenue-generating provisions for every loss-causing law; the rationalization of fiscal incentives offered investors; the streamlining of compensation at state-own firms; amendments to the build-operate-transfer law; refinements in the Electric Power Industry Reform Act and in the Anti-Money Laundering Act.
Three years before the end of the term of the present administration, we can ask Congress to constitute itself into a constitutional assembly to amend only the economic provisions that are the obstacles to a significant increase in foreign direct investments. Such other amendments that have to do with the form of government (presidential vs. parliamentary), the tenure of government officials, greater independence of the judiciary, or the liberalization of the process of initiative in amending the constitution could be considered in a constitutional convention the members of which can be elected at the same time as the national elections of 2016. By that time our efforts to accelerate economic growth to a level that will enable us to significantly reduce our poverty level would have borne fruit and the government that will take over on June 30, 2016, would have a more stable economic and political climate in which to meet the challenge of presiding over what could be a contentious process of a thorough-going revamp of the 1987 Constitution.
A constitutional convention could last some two to three years if it is to thoroughly revamp the 1987 Constitution. That would give enough time to the elected members of the convention to do the necessary consultations with the people. The final form of the new Constitution could then be put to a referendum at the same time as the mid-term elections scheduled for 2019. By that time, the present Constitution shall have been in effect for 32 years, just five years short of the time duration of the 1935 Constitution, which was replaced by the 1972 Constitution during the administration of former President Ferdinand Marcos.
For comments, my e-mail address is bvillegas@uap.edu.ph.
No reasonable offer will be rejected
• 131 sq. m., 2 bath, 2 bdrm single story
-
$255,800.00 USD
- P 11 Million
Mckinley Garden Villa, Mckinley Hill
-
This beautifully furnished condominium is in the south end of the building with a nice view of Mckinley Villa residential subdivision to the east.
At the ground floor of a 4 floor walk up low density residential condominium building, this unit can be easily accessed from the garage and the driveway, ideal for retired couples or for busy but tired executives who can't wait to get home to finally relax after a hectic day.
It is conveniently located at upper Mckinley road with access to C5 leading to either south super highway or to the north of Metro Manila. Makati is 30 minutes away by way of South Superhighway or Forbes Park.
Through Lawton Avenue, Bonifacio Global City (http://www.fbdcorp.com) is mere 5 minutes leisurely drive away while the airport is 15 minutes stress free drive away.
Cluster community amenities include a swimming pool, a gym, a clubhouse where parties may be held. Mckinley hill itself is a sprawling community inside Fort Bonifacio, the home of the Philippine army. It has all sorts of restaurants and botique stores, schools like Enduran school of culinary arts, Korean and Chinese international schools, and embassies of Korea and UK.
The owner is a motivated seller and will not refuse a reasonable offer.
Property information
• 300 sq. m., 4 bath, 4 bdrm 2 story - $280,000 USD - Php 12 Million
Barangay Bukal , Silang - With awesome interiors and specially-handpicked details, fully-furnished Vacation House 3 (Lot B), is ideal for a “home away from home” getaway. Designed in “Contemporary-Tropical” architecture, the property is composed of two separate buildings: the Main House has a floor area of 274 sq.m. and the Guest House with floor area of 22.44 sq. m., thus a combined total floor area of 297 sq. m. on a lot area of 1,000 square meters.
The natural slope of the ground provided five (5) varying floor levels in one main house with (4) different roof levels, fashioned in high ceilings highlighted with Bikal bamboo. The main house features 3 Bedrooms, 3 T&Bs, Living, Dining room, Kitchen and Activity Area plus Caretaker’s Quarters with own T&B. Activity Area is made more enticing for relaxation with a corner type Jacuzzi for 2 persons and dining table for 8 persons. Food preparations will come easy and handy with the Service Area and Dirty Kitchen protected with Polycarbonate Sheet roof. Environs is serene and enthusingly surrounded with beautifully landscaped garden and vast greens, punctuated by a welcoming Buddha statue in front and a Koi Pond under the walkway of the Main Entrance. Parking Area provides for 7-8 cars. The whole place is with perimeter fence dotted with lights.
All interiors are fully air-conditioned. Built-in dresser & closet are included at Master’s Bedroom and at Bedroom 2.
On top of the well appointed features, this house is very tastefully fully furnished.
Water is provided for with a Deep Well 200 feet deep powered by Kato Jack pump and 1 1/2HP U.S. motor. An overhead water storage tank with capacity of 840 gals. with automatic float switch and float valve will further boost supply of water.
Property information
Conveniently located at corner West Avenue and EDSA where a bus terminal and the Mass Railway Transit station are located. Cross EDSA to go to SM North and TRINOMA malls.
West Avenue, Quezon City
- Lot Area: 2,910 sq.m.;
- Project Size: 27,956 sq.m. gross floor area;
- No. of floors: 8 floors plus basement and roof deck;
- Parking: 31 slots basement parking and 19 slots at 2nd floor;
- Tax Incentive: Yes under Philippine Export Processing Zone;
- Floor Breakdown: G/F 2,805.11 sq.m.; 2F 2,795.40 sq.m.; 3F-8F 2,2794.43 sq.m.; Roof Deck 2,2794.43 sq.m.;
- Hand over: Warm shell with VRV A/C System;
- Rent: Php 525/sq.m.-month;
- Escalation: 5% on 2nd year and yearly thereafter;
- Dues: P100/sq.m.-month includes A/C, maintenance and estate dues;
- Minimum Lease term: 10 years.
Property information
Create A Tropical Paradise In Your Own Backyard
Your yard can look lush and lovely when you decorate it with tropical colors and decking that looks like exotic hardwood.
EVEN if you can’t get away to an exotic locale this year, you can still escape to a tropical paradise—without ever leaving home. Thanks to a new crop of tropically inspired outdoor living products and accessories, converting your backyard into an oasis is easier than ever.
“Tropical-inspired designs are extremely popular right now in outdoor living,” explains Adam Zambanini, vice president of marketing for Trex, the world’s largest manufacturer of wood-alternative decking and railing. “Combining warm, nature-inspired hues and textures, these exotic looks are ideal for creating a luxurious, restful backyard retreat.”
Here are some tips for transforming your outdoor living space into an exotic getaway—no passport required:
Lights, Color, Accents: Add ambience for cocktail parties or evening cookouts with dimmable LED deck lighting and create an inviting lounge area with comfortable, durable outdoor furnishings.
Even if the budget is tight, adding vibrant pillows or tropical flowers and plants can serve as a quick and colorful pick-me-up.
Take Your Cues from the Tropics: When it comes to decking and railing, look for colors that are rich and saturated and draw inspiration from exotic streaked hardwoods, such as the new tropical additions to the Transcend line from Trex. Offered in vibrant colors such as Spiced Rum (a warm, earthy umber) and Lava Rock (a rich reddish-black), these exotic wood looks lend themselves beautifully to a relaxing, resort-style setting.
Go Green: Opt for eco-friendly outdoor living products made of recycled materials, which both protect and enhance the environment. Wood-alternative decking (made from recycled plastic bags) boasts the beauty of tropical hardwoods, without the environmental stresses associated with importing these endangered materials. It also requires no sanding, staining or power washing, so you can spend more time enjoying—rather than maintaining—your outdoor living space.
For more tips on designing an exotic outdoor living space, visit www.trex.com. The site features helpful information along with user-friendly online tools, including a Color Visualizer and Deck Designer, which allow visitors to experiment with different products, finishes and layouts. North American Precis Syndicate, Inc.
Short URL: http://www.manilatimes.net/?p=7931
South Forbes Golf City is the Philippines fastest-selling golf residential community. Since it's introduction in 2004, the world-class designs of this fully integrated golf resort city have attracted a huge following from homebuyers and property investors. Strategically located in south of Metro Manila, South Forbes enjoys proximity to techno parks, top schools, and commercial centers. South Forbes Golf City offers you the best thematic designs the world has to offer, only at the choice residential resort address in booming Sta. Rosa, Laguna.
South Forbes is the first project ever to offer investors free golf membership, with absolutely no activation fee! This gives house and lot owners and condominium residents all the more reason to anticipate South Forbes' very own world-class 18-hole golf course.
The South Forbes Golf and Leisure Club was designed by Asia's leading golf course designer, the International Management Group (IMG), to take advantage of the site's natural hilly terrain and lush old-growth tree cover for a one-of-a-kind golfing experience.
Format: ???
Duration: 05:06
No reasonable offer will be rejected
• 131 sq. m., 2 bath, 2 bdrm single story - $290,000 USD - P 12.5 Million
Mckinley Garden Villa, Mckinley Hill - This beautifully furnished condominium is in the south end of the building with a nice view of Mckinley Villa residential subdivision to the east.
At the ground floor of a 4 floor walk up low density residential condominium building, this unit can be easily accessed from the garage and the driveway, ideal for retired couples or for busy but tired executives who can't wait to get home to finally relax after a hectic day.
It is conveniently located at upper Mckinley road with access to C5 leading to either south super highway or to the north of Metro Manila. Makati is 30 minutes away by way of South Superhighway or Forbes Park.
Through Lawton Avenue, Bonifacio Global City (http://www.fbdcorp.com) is mere 5 minutes leisurely drive away while the airport is 15 minutes stress free drive away.
Cluster community amenities include a swimming pool, a gym, a clubhouse where parties may be held. Mckinley hill itself is a sprawling community inside Fort Bonifacio, the home of the Philippine army. It has all sorts of restaurants and botique stores, schools like Enduran school of culinary arts, Korean and Chinese international schools, and embassies of Korea and UK.
The owner is a motivated seller and will not refuse a reasonable offer.
Property information
• lot / land - 
MLS®$69,388 USD - Prices start at Php 3.4M
Susana Heights, Metro Manila - Lindenwood Residences is SM Development's response to the need for House and Lot Subdivision close to Metro Manila and yet far enough from its busy and fast way of life.
It is only about 5 minutes away from Alabang Interchange or 30 minutes away from Makati.
The community is envisioned to be family centered, laid back, fun and moderately sociable.
There are a lot of Trees and Greeneries with a lot more space left for expansion in two or three years.
Property information