Saturday, March 9, 2013

Philrealty and Greenhills Properties MOA Signing of BGC Project

Wazzup Pilipinas !

The trend nowadays in modern economical living is "going up"....which means buying a condo.

I think condos are the most convenient investment nowadays where you really do not have to worry about any real estate complications because it will be the developer who would transact for you. The space may be a bit small and only ideal for just singles, or a couple maybe, but its the only way to go if you intend to live within the busy Metro Manila cities.

If you wish a big property, you might have to look for sites in the provinces like Rizal, Laguna, Cavite, or even farther than these mentioned areas. Owning your own house built at your own lot is already becoming  rare. We just have to live with going through long travel hours and traffic jams everyday on our way to work or anywhere else.

The signing of a Memorandum of Agreement led by Amador Bacani, Philrealty President and Gerardo Lanuza, Jr. Chairman of GPI was held today at EDSA Shangri La Hotel.

The company who develop the Philippine Stock Exchange Centre in January 1996, Andrea North project at the 2.8-hectare former Pepsi Cola property in New Manila, Quezon City and the luxury high-rise condomium and subdivision living project called "The Alexandra" moves forward to a brighter and new horizon in partnership with Greenhills Properties Inc. (GPI).

Under the MOA, Philrealty will develop the masterplan of GPI's 6,400-square meter property located near the future site of the Philippine Stock Exchange (PSE) at the center of Bonifacio Global City. The property consists of four 1,600-square meter lots comprising an entire block that connects the 5th 6th, 25th and 24th streets in the BGC South district.

Tthe Skybreeze at its Andrea North condominium in New Manila, Quezon City caters to most Filipino families that are looking for affordable condo units.

Philrealty and GPI envision this project to become a prime mixed-use development that will feature retail, residential, office, serviced apartments and a hotel. This project, worth 5 Billion cost in BGC will be added to the growing number of projects of Philrealty.

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