MANILA, Philippines — Leading real estate developer Federal Land intends to leverage and contribute to Ortigas Center’s growth by building complementing projects that will add value to the way modern Filipinos live today.
For its first foray in Ortigas Center, Federal Land plans to construct a second iteration of its award-winning property in Makati which was done in collaboration with renowned Japanese partners.
Federal Land’s premium two-tower condominium is situated at a 5,090 square meter property along Exchange Road in Ortigas Center, Pasig. The high-rise structures will offer 782 units and will feature Japanese aesthetics in architecture and overall design, replete with exceptional, Zen-inspired amenities. Given its prime location, it is projected to attract the upscale market - both home buyers and investors alike.
Considered as one of Metro Manila’s second most important business district, Ortigas Center is home to head offices of top corporations, financial institutions, and government offices, as well as industrial and commercial firms. Some of the metro’s busiest lifestyle destinations are also found here, beckoning shopping, dining, learning and leisure experiences for all.
Two major infrastructure developments are slated to further spur growth in Ortigas Center and seal Federal Land’s confidence in its investment in the area: the on-going construction of the 633-meter, four-lane BGC-Ortigas Center link, which is set to be completed by 2020; and the Metro Manila Subway project, the first underground railway system in the country, spanning 36 kilometers and traversing across municipalities including Quezon City, Pasig, Taguig, and Pasay. Target completion for this massive project is 2025. Industry experts foresee that these high-impact projects will not only decrease traffic congestion but also give rise to more real estate developments within the vicinity of the projected 15 subway stations.
According to Thomas Mirasol, Federal Land general manager, “Ortigas Center is a prime location for residential development as it strategically encompasses three major cities – Pasig, Mandaluyong and Quezon City.