The Grand Midori Ortigas: A solid investment choice

Written by: Amy R. Remo

Real estate has emerged as a safe haven for investments even in the midst of a crisis and other market volatilities.

As evident in the last two years during the pandemic, certain segments of real estate stood out for their resiliency, providing investors with a sound opportunity to create, build and accumulate wealth primarily through passive income via leasing, and capital appreciation, as values and returns are most certain to increase in the long run.

The Grand Midori Ortigas in Ortigas Center. —Artist’s perspective.

Essentially, real estate offers investors a tangible asset, a better diversified portfolio, and a strong inflation hedge that protects their investments from losing value over time.

Patrick Grimes, founder of private equity firm Invest on Main Street, explained in an article for forbes.com how “investing in income-generating real estate can help you hedge your bets against inflation and protect your retirement dollars long-term.”

Investment fund manager Equiton Capital Inc. similarly noted in an article on its website that a “properly diversified investment portfolio includes hedges to protect against market swings caused by rapid inflation. Residential real estate, which demonstrably appreciates faster than inflation, provides the perfect fit.”

Steady appreciation

Locally, this is proving to be the case as well, with financial experts pointing out how property prices are rising faster than the consumer price index on a yearly average. Amid the pandemic, local property prices have held—even increased—over the past two years.

Data from Bangko Sentral ng Pilipinas’ Residential Real Estate Price Index showed that nationwide residential property prices rose by 5.6 percent in the first quarter compared to the same period a year ago. In Metro Manila, residential property prices rose higher at 9.5 percent, driven primarily by increases in the prices of condominium units and townhouses.

While real estate indeed presents a potentially lucrative opportunity to build wealth, there is, however, a need to be conscientious and prudent. You need to check location, features, and track record, among others, to ensure you are making the right choice.

Federal Land Inc., a premier developer with 50 years of solid track record, makes it easy for you to find that right choice. It offers an impressive portfolio of residential property investments that will enable you to capture significant gains from a resilient industry.

Investing in Ortigas Center

One of its latest projects, The Grand Midori Ortigas, exemplifies a solid investment choice—from its central location, wellness amenities, accessible price points, to the stellar team of experts involved in its development.

For instance, this two-tower condominium rises at the heart of the vibrant Ortigas Center, touted as the most centrally located business district in Metro Manila. Its highly strategic location alone offers numerous perks and benefits for both investors and homebuyers.

For investors, a property at the heart of a dynamic and growing CBD offers potential for steady capital value appreciation and an opportunity to earn passive income via leasing. As of the first quarter, average rental rates for studio and one-bedroom units in Ortigas Center stood at P770 per sqm per month, data from Colliers showed. This figure, however, is seen to increase as Colliers expects a recovery in rents and prices by end 2022.

Vacancy rates in Metro Manila are also forecasted to decline by the second half to 17.2 percent amid the great return to offices which will prompt employees to start renting units near their workplaces, as well as improvements in business and consumer confidence. Ortigas Center stands to benefit from these positive developments as it offers a healthy residential stock, forecasted to reach 22,160 units by end 2024.

For end-users, a home in a well-established, dynamic CBD like Ortigas can give you unprecedented access to modern conveniences. Nearby are malls, restaurants, coffee shops, retail stores, schools and hospitals—not to mention premium offices and headquarters of some of the biggest companies in the country today.

The Grand Midori Ortigas, in particular, is located along Exchange Road, which ensures accessibility and connectivity. Besides existing thoroughfares and the BGC-Ortigas Center Link, residents will benefit from upcoming projects such as the Metro Manila Subway System and Ortigas Greenway Project.

World-class architecture

Despite its strategic in-city location, The Grand Midori Ortigas is poised to become a refreshing sanctuary that epitomizes the art of Zen living.

Federal Land tapped Tange Associates, a world-renowned Tokyo-based Japanese architectural firm known for combining traditional Japanese artistry with modern perspectives, to translate this residential enclave into exactly that, reflecting what its name means.

Midori means green, commonly associated with life, renewal and nature. It connotes beauty, creativity, harmony, and growth, and is said to be among the most soothing colors.

The Grand Midori Ortigas is thus set to become this Zen-inspired sanctuary offering a serene atmosphere that neutralizes the frenzy of city living through mindful design, elegant architecture, and sensible amenities.

Its interiors and landscape, for instance, take inspiration from the Japanese concept “wabi-sabi” and “miyabi,” which focus on the discovery of beauty in imperfections and the expression of elegance and refinement. Prominent weave patterns were used for the façade as an expression of delicate beauty as seen in Japanese architecture.

Verdant greenery will be impeccably integrated in pockets of open spaces within the development, alongside Zen-inspired amenities that will allow residents to lead a healthy, well-balanced lifestyle.

The Grand Midori Ortigas’ Jacuzzi and Japanese Art Installation. —Artist’s perspective.

A quiet nook where you can meditate, areas where you can enjoy time with loved ones, or a corner to keep your health in check—The Grand Midori Ortigas has carved out spaces for your social, fitness, and recreational activities. Prime indoor amenities include a lounge area, fitness area, yoga room, game room, study lounge, conference room, children’s playroom, and a multi-purpose room, while the lap pool, Jacuzzi, children’s pool, pool lounge, children’s play area, Zen garden, and a landscaped area with lounge comprise the outdoor amenities.

The Grand Midori Ortigas’ Study Lounge. —Artist’s perspective.

Also reflecting this Zen lifestyle are the units which considers creative, practical space planning. This affords residents flexibility to maximize space and design units according to their needs. Every unit features airy and light-filled interiors as well as expansive windows to ensure natural lighting and ventilation.

Master Bedroom of a 2-Bedroom Unit of The Grand Midori Ortigas. —Artist’s Perspective.

Choose from 908 units that come in varying cuts—studio (35.5 to 38 sqm); one-bedroom (46 to 64 sqm); two-bedroom (70 to 72.5 sqm); and three-bedroom units (105 to 109.5 sqm).

Further adding appeal to this choice investment is the fact that it will be managed by a competent property management team under Federal Land. Investors and end-users are thus assured that The Grand Midori Ortigas will be managed professionally.
The Grand Midori Ortigas will no doubt become this highly coveted address in the metro that gives you a truly safe haven in more ways than one.

For inquiries, visit website, email [email protected] or call (632) 7796 7523 to book a private viewing

ADVT.