With lots averaging 305 square meters in size, Treveia boasts of the same modern-city-goes-back-to-nature thrust of the Nuvali project, launched in late 2007. Given its location (Sta. Rosa and the surrounding areas are the next upscale urban development after Makati and Alabang and they offer a really good investment for the future) and Ayala’s community development plan, Treveia is the ideal home for young urban achievers and upgraders who want the modern conveniences of the city, minus the pollution and congestion.

Think healthy, eco-friendly, family and community-oriented urban life…!

Treveia will have 4 clusters (2 in each phase), each themed to go hand-in hand with the natural elements of earth, wind, water, and wood.

Location:
TREVEIA is a 60-hectare development located in Brgy. Canlubang, Calamba City, Laguna

Amenities:
- 4 Theme parks (3,000 – 6,000sqm): Rain Garden Park & Woodland Park (both in Phase 1), Windchime Park and Hillock Park (in Phase 2)

- 2.5 HA Central Park with the following:
* Lounge, Retail/ Snack bar
*Function rooms with outdoor spillout areas
* Game room, Fitness gym
* Theater
* Kid’s Playhouse and outdoor play area
* Retention Pond
* 40m Lap pool with tree shaded pool deck
* Kiddie pool with an interactive cascade & water play area
* Football/ Multi-purpose field
* Basketball Courts
* Jogging path

- Linear Park
- Pocket parks and orchards (1,000- 2,000sqm)

Subdivision Features:
40m Grand Entrance
36m Secondary Entrance
24m Minor Entry
16m Main Street
14m Local Roads
Tree-lined Pedestrian lane
Bicycle lane throughout main spine road
Cluster developments: Private Pocket Parks & Courtyard Enclaves

Suggested Terms:
1. 20-80 : 0% interest over 2 years
2. 20-80: bank financing through BPIFB (payable in 5, 10, 15 years), 6% discount

Price Range:
Regular lots: Php 11,600-12,500 (with VAT)
Prime lots : Php 12,500-13,100 (with VAT)
Super Prime: Php 13,100-13,500 (with VAT)

Lot size:
250-576sqm

More information on Treveia and Nuvali available here.

Please call us or email johanna@ metrorealty. ph for a detailed pricelist and updates. We would be glad to visit Nuvali with you at your earliest convenience.

Latest project is Aqua Verde, from Ortigas and Company itself, developer of the Ortigas Central Business District, Valle Verde, Greenmeadows, Greenhills, Tiendesitas and, more recently, Luntala Valle Verde.

The project has yet to be launched, but initial information as follows:

WHAT: 12 hectares of low-density, mixed-use development (Serendra at the Fort occupies 12.5 hectares), with the town center concept of pedestrian-scaled streets, access to retail centers and neighborhood facilities, and lots of open spaces.

WHERE: Calle Industria, Libis. Site is bounded by two rivers (Pasig and Marikina).

UNITS AVAILABLE (for turnover in 2012):
1 bedroom: 42-44 sqm
2 bedroom: 61-68 sqm
1 bedroom bi-level: 44-70 sqm
2 bedroom bi-level: 80 sqm
3 bedroom: 98-107 sqm

PRICING: Indicative price is P80,000/square meter.

We will be posting regular updates on Aqua Verde as more information becomes available. You may also call us for updates or email johanna@metrorealty.ph.

Related reading: Ortigas to spend P15B for mixed-use project (Inquirer.net)

SIDE NOTE: WHY ELSE CAN’T I WAIT FOR AQUA VERDE TO START?
Got word that Ortigas and Company has partnered with a sports group to build a wakeboarding facility right in the Aqua Verde complex! It will probably take until next year to set up, but wow of wows, we cityfolk will soon have everyday access to a serious water sport, right in our own “neighborhood”!

I’ve been in love with Nuvali since I first heard about it in September 2007, and I’ve already decided that it will be my future home and the home of my kids and their kids.

Why Nuvali?

1. Offhand, it’s really because I believe in the project.
It’s not just another piece of land converted into livable space for houses. Much like a visionary company with inspiring people behind it, Nuvali is a project with soul, and it shows. There is a real commitment to responsible living, which is not something you hear property developers in the Philippines rally everyday.

2. It is a responsible venture, with long-term quality life at its core.
As more and more people in the world clamor for greener lifestyles, it makes me proud and excited that in our own country, someone (or some group, i.e. Ayala) is doing his fair share in not just conducting business responsibly, but in providing ways–concretely and with the long-term in mind–for people to also live their lives responsibly. This means that we, as individual citizens, can also directly participate in this green revolution by living the green lifestyle ourselves, and living it not just in bits and pieces, but wholly and collectively!

3. It offers a shot at holistic, responsible living to those willing to work for it.
Living in Nuvali is not cheap, but it’s not incredulously expensive either. We were very happy to service one OFW client, and his wife and three kids based in Laguna, as they excitedly made their lot purchase. Bank financing is readily available, with options to pay in 10 years or more.

Nuvali quick facts:

Total area: 1,600 hectares in Laguna, covering the cities of Sta. Rosa and Calamba, accessible via the Sta. Rosa-Tagaytay road.


What’s to see on-site now? The spine road (main entrance) is clearly visible, and the lake for Phase 1 is underway, with projected completion by July this year. From the Sta. Rosa-Tagaytay Road, one can also see a four-storey structure called the Laguna Technopod, which will be the first BPO in Nuvali, operational by October 2008.

Offered residential communities: Abrio, touted to outposh all of Ayala’s existing villages, with lot offerings in sizes of 800-1,200 sqm. Treveia, a 60-hectare community divided into four clusters imbibing the elements of nature: water, wood, wind and earth. Lots offerings in Treveia are at an average of 305 sqm.

Click here for more info on Nuvali. You may also email me at johanna@metrorealty.ph.
Let’s help make Nuvali the home it is meant to be, by being there right from the start, as its first residents!

FACTBOX: Philippine property projects on the rise
Sat, Apr 12 20:38 PM EDT

MANILA (Reuters) – Philippine property firms have seen residential sales from Filipinos based overseas, especially in the United States, slide as the U.S. economy slows.

But companies continue to invest heavily in new housing and tourism projects as local demand takes up the slack.

The following are some of the new upscale residential and hotel projects in the country’s main financial centre, Makati City in Manila, and the adjacent Bonifacio Global City business district:

MAKATI FINANCIAL CENTRE

– Discovery Primea: A 60-storey service apartment and luxury residential condominium project to be built by JTKC Land on Ayala Avenue, at the heart of Makati City. The company owns the Discovery chain of hotels in the Philippines.

– One Central residential condominium project by Megaworld Corp (MEG.PS). The 50-storey tower will have 749 units selling at an average of around 106,000 pesos ($2,548) per square meter, Megaworld’s priciest offering. The company started pre-selling of the project, valued at 5.5 billion pesos, in the first quarter of this year.

– Greenbelt Chancellor: A 34-storey apartment building by Megaworld in the Greenbelt commercial area. The company has sold 93 percent of the project, which involves 328 units. The project, launched in the first quarter last year, is expected to be completed in late 2010 and is priced at an average of close to 96,000 pesos per sqm.

– Greenbelt Excelsior: A 34-storey apartment building by Megaworld. The project, with 325 units, is already 54 percent sold and is expected to be completed in late 2011. Average price of the units is close to 98,000 pesos per sqm.

– KHI Manila Property Inc: A joint venture between Ayala Land Inc (ALI.PS) and Kingdom Hotel Investments of Dubai, plans to spend $153 million in a luxury hotel and private residence complex near the Glorietta commercial area.

The project is composed of a 300-room deluxe hotel to be operated by Fairmont Hotels as well as a boutique hotel and 189 rooms of private residence to be operated by the Raffles group.

– Gramercy Residences: A 65-storey apartment to be built by Century Properties for 5 billion pesos near a major artery.

– The Grand Midori Makati of Federal Land Orix Corp: A joint venture between the Metropolitan Bank (MBT.PS) group of George Ty and Japan’s Orix Corp. The 4-billion-peso project features two towers with 500 units. Construction will begin in 2009 and end by 2011.

– Senta by Ayala Land: An upper-income residential condominium project with 442 units in one tower. The project will break ground next year.

($1=41.81 pesos)

(Reporting by Rosemarie Francisco)
Source: http://www.reuters.com/article/idUSGOR30227720080413

Interesting to note that for residential projects, mention was made only of four developers: Ayala, Megaworld, Century Properties, and Federal Land.

Among those left out were Eton, the Lucio Tan group, with at least three projects in Makati set for turnover in 2011– Eton Greenbelt Residences, Eton Parkview, and Belton Place — and the Britanny group, which has two projects also in Greenbelt (Mosaic).

The Podium unit design is a new concept in the country: each unit’s front door opens to a podium that is exclusively for pedestrians, while the carpark is underground.

A middle Podium unit has a floor area of 201 sqm, while an end or corner unit has a floor area of 208 sqm.

Price is at P12,373,560 (or P61,560/sqm) for the middle Podium unit, and P13,927,680 (P66,960/sqm) for the end Podium unit. These prices already include VAT and registration fees. Discounts of up to 15% (as much as P2,000,000!) are available for Cash buyers.

To date, Phase 1 units (Blocks 1-7) are in the process of turn over, while Phase 2 (Block 8-11) will be turned over by the end of the year. Two of the available Podium units are in Phase 1, so you can actually move into your new Luntala townhome by May!

Luntala is a 77-unit townhouse project on the corner of Ortigas Ave. and Greenmeadows Ave. in Pasig City. It was launched in August 2006, and was well-received by the market. Phase 1 (Blocks 1-7) are currently being turned over, and Phase 2 (Blocks 8-11) is expected to follow suit by the year end.

More info here.

I got the impression that in this issue, the developers belonged to the enemy camp. Being exposed to real estate at a young age, my natural reaction was defensive: developers actually contribute a lot to growth and business in this country! My dad, on several occasions, has told me that here in the Philippines, it’s the private sector that often initiates development. Government won’t go out of its way to single out a piece of rawland, build roads and provisions for utilities, and then invite private groups to “develop” it for public consumption (ex. transform it into a business or residential district). It works the other way around. Add to that the red tape and bad business practices that are sure to turn off any lukewarm investor. Bottomline, you have to hand it to developers, or to some of them at least.

I remember when I first heard about Ayala land’s Nuvali in Canlubang, I was so floored by the (apparent) commitment the company had to responsible development. Told skeptical friends that it may be a given that not all sales pitches and plans of preselling projects are admirable (read: it’s still first and foremost a business, which I personally don’t see as necessarily a bad thing) or that most plans don’t actually pan out…but if there’s any company you can trust to stay true to their word, it’s Ayala.

Note: Parts of this post also appear on “Agrarian Reform” (April 2, 2008)

Treveia is a 60-hectare residential project within Nuvali, Canlubang, which is Ayala Land’s mega township project south of Metro Manila. The first and only development pushing for “green” and ultramodern living, it is one of the projects to which I’m 100% sold. Nuvali is a self-sustaining community with business, leisure and service centers (Xavier school, etc.), and it is envisioned to be the next Makati. Read why I’m so in love with this project here and here. Also visit our site for more information on Abrio, another residential community in Nuvali, primed to be the next Forbes Park.

The new section in Treveia, to be opened five months after the first lots in Phases 1A,B,& C were launched in October 2007, will be adjacent to the Central Park and, along with Phase 1E, will form part of the neighborhood under the “wood” theme.

Treveia timeline:
Oct 07 – launch of Phases 1A, B, C
Nov 07 – launch of Phase 1D
Feb 08 – launch of Phase 1E

Prices for Phase 1F range from P10,700 to 12,400 per square meter (inclusive of VAT).
Lots are still available in previous Phases (1A, B, C, D, & E). Inquire for details.

Available payment terms:
1. 20% downpayment, 80% over 24 months at 0% interest
2. Homestarter: 10% downpayment, 90% over 10 years fixed at 8.45%
interest (through Security Bank)

Promo terms at 0% interest (until March 31, 2008):
1. 10% dp split over 3months, 20% spread over 18 month, 70% on the 19th month
2: 10% dp, 20% spread over 23 months, 70% on the 24th month

Sample computations using the above promo terms:
Phase 1A, Block 6 Lot 14
Lot area: 249 sqm
option 1: monthly amortization: P27,943.33 for 18 months
option 2: monthly amortization: P21,868.70 for 23 months

If you need more information or wish to meet so we can discuss details, please send me an email at johanna@metrorealty.ph.

Thanks and I hope to be of service to you soon!

Blocks 1 & 2, featuring Classic Units. Seen in the background are Medical City and Ateneo School of Medicine.

Podium units in Phase 1

Carpark beneath the Podium

To date, there are 9 remaining Podium units for sale.
We are also offering one Classic unit (middle) for resale, with a floor area of 181 sqm, asking price is P11,700,000.

Please contact our office or email me at johanna@metrorealty.ph for more information.

Available lots remaining: 26
Price per sq.m. until February 20,2008:
Prime – 9,739
Prime Plus – 10,031
Greenbelt – 10,324
Parkside – 10,615
Parkside Premier – 10,908
Park Place – 13,500

Contact us now to avail of the old price.

They say with real estate, the magic word is always location. But these days, projects just keep popping up in the same general area, some even side by side. The decision usually boils down to the developer, amenities and payment terms offered, and turnover date. One other important (but usually overlooked) consideration is the profile of buyers– who will make up the community in the condo, eventually manage it and determine its future market value?

With these in mind, here are my top 2 recommendations among what’s available in Makati today:

1. SENTA, Ayala/CII’s newest project
- Derived from the Japanese word for “center”, located across Legaspi Park (along Legaspi St.) in the center of the Makati Business District, just 2 minutes away from Greenbelt
- Will have a contemporary design with unobstructed views and a visible vertical glass pane on the building for “drama”
- Designer lobby with hotel-like concierge services and club-like amenities, including a jacuzzi overlooking an outdoor pool theater (dvd area)
- Sky garden on the rooftop for private use of residents
- 39 floors with 14 units/floor (total of 452 units)
- Choose from Studio (35 sqm), 1BR (55 sqm), 2BR (80 sqm) units
- Indicative price is P100,000/sqm, parking is P650,000-750,000/slot
- With option to buy furnished units at P110,000-115,000/sqm
- Turnover: after 5 years (2013)
- To be launched mid-March; Letters of Intent now being accepted
*A Letter of Intent will give you a slot in the priority selling tentatively scheduled on March 15. Kindly note that we will need to submit a photocopy of your P50,000 reservation check along with the LOI form.

2. ETON PARKVIEW GREENBELT, from Eton, the Lucio Tan group
- Also facing the Legaspi Park, on the Gamboa side
- 34-storey all-loft condominium with 19 units/floor (total of 230 units)
- Choose from 1BR (42 sqm average) and 2BR (72 sqm) units
- Price is about P94,000/sqm, parking is P600,000-800,000/slot
- Launched last September 2007, turnover on December 2011
- Flexible terms available, including no downpayment

For more information, please contact our office or email me at johanna@metrorealty.ph.