Federal Land Responds to Rising Demand for Branded Luxury Condos

Wazzup Pilipinas!

Branded residences are gaining ground globally, propelled primarily by the coming together of real estate developers and hotel operators to meet the rising demand for luxury high rise living by an expanding ultra-wealthy market.

According to the 2019 Branded Residences Report, a Knight Frank Global Research report, the preferences of the wealthy are diversifying offerings in the market. To date, there exist over 400 branded residences around the world and about 30% of these are in Asia.

Aside from the prestige in adopting this new kind of address, the report shares that interest in branded residences has skyrocketed for factors to do with developer quality, services, physical amenities, building maintenance and management, and investment yield potential. All of which are offered in these taller and newer landmarks, attracting higher premiums compared to generic residences with price differentials of up to 132% in some parts of Asia.

In the Philippines, Federal Land Inc., a prime real estate company driving industry growth for 47 years has moved aggressively in this market, investing in building luxury high-rise homes with internationally-acclaimed names in hospitality. Its most recent offering is Grand Hyatt Manila Residences, a two-tower luxury residential development, adjacent to Grand Hyatt Manila hotel. The condominiums and the hotel bearing the brand of Grand Hyatt serve as the icons of Grand Central Park, Federal Land’s 10-hectare mixed use development featuring the most upscale residential, business, commercial and retail establishments in North Bonifacio Global City, Taguig.

The move to develop condominiums that solely carry the Grand Hyatt brand in Southeast Asia is a response to the next wave of luxury residents, going beyond the amenities and services and extending to 5-star experiences that separate this form of living into a completely new category.

The launch of Grand Hyatt Manila Residences South Tower, the second tower, draws buyers by leveraging its success from the first tower and harping the value proposition of hotel-like living expressed in terms of the building’s design that melds style and functionality; spacious units; thoughtful amenities; and resident support such as concierge, housekeeping and security services for utmost comfort and convenience.

Pushing the bar of premium living, Grand Hyatt Manila Residences homeowners also get easy access to more luxurious offerings at Grand Hyatt Manila hotel, plus a highly coveted Globalist Membership to the World of Hyatt Loyalty Program, which affords special privileges like priority room bookings and reservations at the hotel’s prestigious restaurants like The Grand Kitchen, The Cellar, The Lobby Lounge, No. 8 China House, and The Peak.

Buying into this luxury and exclusivity requires an investment of about P360,000 per square meter for two bedroom and three bedroom unit options. Grand Hyatt Manila Residences South Tower is a low density condominium of three zones, limited to 188 spacious residential units. Three-bedroom configurations go as far as adding in a den and private garden space for some units. Exclusivity increases as one goes higher - eight units for low zone, four units for mid zone, and two units for high zone. Residents can expect innovative eco-friendly functions and customized furnishings, European no less, within the space.

This new standard of living set by branded residences for the affluent is seen to further grow in the country. Federal Land, being among the first to recognize and set this trend locally, is fully committed to continuing its investment in this category through Grand Hyatt Manila residences South Tower.

To know more about Grand Hyatt Manila Residences South Tower, visit http://www.grandhyattmanilaresidences.com.ph or come by its showroom at the ground floor of Grand Hyatt Manila Residences, 8th Ave. cor. 36th St. Grand Central Park, North BGC, Taguig City.

MARINA hosts 2nd APEC Strategy Planning Meeting for Seafarers

Wazzup Pilipinas!

The Maritime Industry Authority (MARINA) hosted the 2nd Asia Pacific Economic Cooperation (APEC) Strategy Planning Meeting for the Seafarer Excellence Network of the Asia Pacific (SENAP) on 03-05 April 2019. The Korean Institute of Maritime and Fisheries Technology (KIMF) assisted in organizing the three-day meeting.

The SENAP is a comprehensive network that promotes information sharing and skills transfer between the seafarers, the academe, and other industry stakeholders.

At the three-day meeting, the APEC delegates finalized the Terms of Reference (TOR) for the establishment and the sustainable operation of the SENAP. The APEC member economies also discussed the development of a seafarer career path from maritime education and training, pre-sea service, recruitment, sea service, post-sea service, and further professional development.

KIMFT President Lee Dong Jae emphasized the importance of extending support and sharing of best practices among experts in the production of efficient maritime workforce in the APEC community.

“With the strong cooperation between APEC economies, the establishment of SENAP has taken shape to what it currently is – a substantial platform for achieving seafarer excellence through a network of maritime education and training best practices, capacity building programs, as well as maritime policies and regulations across the region,” KIMFT President Lee Dong Jae said.

The MARINA likewise encouraged the APEC delegates to be unwavering in their efforts to promote the welfare of the seafarers and the development of the maritime industry.

“We continue to beam with pride because of the passion and unity among APEC member economies to develop a maritime workforce known for their professionalism, moral standards, and excellence in service. Let us implement greater efforts to promote skilled maritime labor mobility within the APEC community and other nations in need of our seafarers,” MARINA – STCW Office OIC Executive Director Rear Admiral Virme Torralba said.

Jumpstart Your Summer at Enchanted Kingdom!

Wazzup Pilipinas!

Student Ka-Summer EKstravaganza Promo
School’s out and that can only mean one thing—SUMMER’S FINALLY HERE!

Spend the sunny days in the best way possible—chill out with your squad at Enchanted Kingdom, the country’s first and only world class theme park.

To help you beat the heat, we’re offering a special P750 Regular Day Pass rate bundled with a FREE CUP of Ice Monster to students upon presentation of their valid school ID.

Our Student Ka-Summer EKstravaganza Promo is open to ALL students, as they present their valid school ID. They can avail only one (1) Regular Day Pass per ID, per day. This promo runs from March 31, 2019 to May 26, 2019 only.

Tickets may be purchased at the Front Gate ticket booths, Group Sales Office – Santa Rosa, and Makati Sales Office. All tickets cannot be rebooked nor be used in conjunction with any other promos and discounts.

Visit www.enchantedkingdom.ph to see the Park schedule and plan your trip to Enchanted Kingdom! See you there!