Luxe investment for a distinct, premium lifestyle
Easily, it all boils down to wanting a home that is more than just a postal code—one that offers better security, exceptional amenities, unparalleled convenience, bigger and more sophisticated spaces and exquisite finishes, high tech features, a highly conducive environment and an enhanced, more refined lifestyle, overall. Add to that the prestige of owning a home that speaks of modern elegance and exclusivity.
And today, such luxury features are finding their way to the top of homebuyers’ priorities, as the pandemic underscored the need for wide, airy spaces, contactless solutions, proximity to essential shops and institutions, among others. This is perhaps why, even in the midst of an unprecedented health crisis and stringent lockdowns, the luxury real estate market seems to have gained even more ground, generating increased interest among homeowners and spikes in sales.
Bloomberg Wealth reported last month that demand for luxury homes in the United States soared by 42 percent in the third quarter, reportedly the largest jump seen since 2013. Architectural Digest, in a feature published in September, similarly reported that Manhattan’s luxury real estate was on the rebound as real estate firms showed “the borough’s luxury market at its highest levels since the start of the pandemic.”
Locally, Colliers International Philippines reported, too, that demand for upscale, luxury condominiums held firm despite the pandemic and the lockdowns which remain in effect today.
Its data showed that the upscale, luxury and ultra-luxury segments accounted for 37 percent of the total launches in Metro Manila in the first nine months, and 41 percent of total sales in the pre-selling market in the same period. It bears noting that in the past two years, the upscale and luxury segments accounted for only 26 percent of the total pre-selling take up in Metro Manila.
Fortunately, there are still opportunities for the discerning, well-heeled market to snap up the few remaining luxury residences in Metro Manila that truly offer more than just a postal code.
Soon to rise along ADB Avenue is the 51-story Residences at The Galleon, poised to become the latest gamechanger in this segment as it seeks to elevate known standards in premium residences—from its pricing, capital appreciation to exquisite lifestyle offerings within Ortigas Center.
Putting together this new archetype community is Ortigas Land, a seasoned real estate company whose 89 years of expertise in building landmarks will be aptly showcased in its latest project. It tapped a stellar roster of industry leaders in the fields of design and architecture to ensure that the Residences at The Galleon will indeed deliver that prestige, that enhanced, refined lifestyle.
The US-based Architecture International Ltd., known for world-class landmarks such as Lotte Tower (South Korea) and Desa Parkcity Town Center (Malaysia), serves as the masterplanning and concept architect, while the architect of record is GF and Partners Architects. Ortigas also tapped Magnusson Klemencic Associations, known for its work in Chase Center (San Francisco), Mumbai Four Seasons (India) and Hunan Road Suning Plaza (China), as the structural engineer.
From the structure alone, one could already surmise that the Residences at The Galleon will be a modern, sustainable marvel well suited to your needs amid and beyond this pandemic.
The building itself was designed with 45 percent glass ratio facade and double glazed glass finished windows with low emissivity. A luxurious 284 sqm lobby will welcome residents to their units, which will be provided 100 percent back up power and exquisite finishes.
More importantly smart living features will address your need for contactless technology amid this pandemic as you can control your devices at home through an app—from your smoke detector, smart plugs, smart aircon, light switches, contact sensors and temperature sensors. Add to that a state-of-the-art building management system to ensure utmost convenience and security.
Haute, upscale amenities for the exclusive use of residents will offer that much sought wide open spaces and expanded breathing room without having to leave the city, while helping ensure they achieve a holistic, well-balanced lifestyle. Future residents can elevate their day to day life with these sophisticated offerings—a game room, a swanky mini-theater, lush foliage of outdoor spaces, a social hall to a lounge area, sauna room and fitness facility, among others.
Exclusivity, one of the hallmarks of a truly premium community, is likewise assured as there will only be 509 units on offer within a 51-story tower.
Zoom out and you will see Residences at The Galleon at the forefront of the exciting redevelopment of the Ortigas business district. Besides reshaping the Ortigas Center skyline, Residences at The Galleon will place you at the heart of a dynamic business district that allows you to be within a short distance from everything you could possibly need and think of. This kind of proximity, this kind of unparalleled convenience that can be had at The Galleon has become an utmost essential in the midst of a pandemic.
Its highly strategic location will become even more appealing once key infrastructure projects such as the Ortigas-BGC Link, Mega Manila Subway, MRT-4 are completed. With the improved accessibility of both the Ortigas business district and your home at The Galleon, it will only be a matter of time when the property values will reflect the advantages of the connectivity and centrality that the Ortigas business district affords to residents and investors alike. As it is, land values and property prices in this district continue to offer a huge room for growth. The average price-per-sqm of residential projects in Ortigas Center had grown by 6 percent yearly from 2013 to 2018.
Paying a premium for your home is by no means an excessive venture. Provided that you bank on a seasoned developer like Ortigas Land, you will find that luxury homes do offer distinct, priceless benefits that will do wonders not only for your investment portfolio, but more importantly, for your overall well-being and lifestyle in the new normal.
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