The Velaris Residences is an approaching 504-unit high-end condominium in Bridgetowne, near City Manila in the Philippines.
International residential or commercial property programmer Hongkong Land as well as Philippine property development company Robinsons Land have actually unveiled a brand-new residential development in the Philippines called The Velaris Residences. This high-end job remains in Bridgetowne, a 31ha mixed territory as well as company park district between Pasig City and also Quezon City.
The Reserve Residences Price List and Features at Beauty World MRT Station
The Reserve Residences is located in a prime location, just next to the Bukit Timah Nature Park. You’ll enjoy the beautiful views of the nature park from the towers of this condominium, making it a great choice for families and nature lovers alike. The Far East Organization operates the development, so you can expect its amenities to match its location. The development will also be linked to the Beauty World MRT station, which will make it convenient for residents to commute to various parts of the city. Please see The Reserve Residences price list for more information.
The Velaris Residences is developed by RHK Land Corp, a joint endeavor of Hongkong Land and also Robinsons Land. Bridgetowne is the first integrated township project by Robinsons Land, itself the property arm of Filipino empire JG Summit.
The forthcoming high-end condo comprises a 45-storey household tower with 504 devices. The condo will certainly provide one- to three-bedroom units of 495 to 1,678 sq ft, in addition to one- and also two-bedroom balcony suite devices of 780 to 1,318 sq ft. Four duplex four-bedroom penthouse suites, from 3,190 to 3,480 sq ft, are additionally offered.
A musician’s perception of a three-bedroom system at The Velaris Residences. The interiors will certainly include metallic accents and also natural tones.
Both-, three- and penthouse systems will certainly have the convenience of an exclusive lift entrance hall, while a main entrance hall provides accessibility to the one-bedroom devices. The condominium will likewise have four carpark floorings composed of 3 platform floorings and a basement degree.
The programmers claim that The Velaris Residences embraces a modern contemporary style. For example, the interior design attributes earthy tones, utilising a mix of browns, greys, as well as lotion tones, elevated through accent attributes such as Hong Kong-style metal bronze as well as rose gold accents.
Future citizens will likewise enjoy a complete suite of facilities and also amenities such as a cards as well as a glass of wine room, a multilevel landscape yard, and a SkyClub. Cognisant of hybrid ways of working, the condo will certainly additionally feature a workspace with soundproof workplace vessels as well as modern-day made personal workstations.
The condominium will include health and fitness and also wellness centers such as an Olympic-length infinity swimming pool.
Fitness and wellness facilities consist of an Olympic-length infinity swimming pool and a Japanese-style onsen and lounge. Locals can even delight in a golf simulator studio that makes use of camera-based innovation to allow them practice their swing.
The programmers likewise intend to turn out a dedicated mobile application that would allow homeowners to pay condominium dues, submit maintainable demands, communicate with the administration workplace, or get clever storage lockers to get shipments.
The Velaris Residences is the first joint job in between Hongkong Land and Robinsons Land. According to the developers’ joint press release, the Philippine domestic property market is a prime development chance among the Southeast Asian markets.
The nation provides a fast-growing economic climate, durability to external shocks and a price benefit contrasted to other domestic markets in the Southeast Asian region. “These variables have actually produced a purchasing chance for financiers searching for residential or commercial property with a solid upside potential,” the designers say.
According to a study report by Colliers, Metro Manila in 2014 delighted in greater rental returns of 3.9– 5.7% contrasted to Singapore, which saw returns of 3– 3.3%. Over the very same duration, Bangkok taped rental returns of 4.4– 5.2%, Ho Chi Minh City had rental returns of 3.7– 4.8%, and Kuala Lumpur saw rental yields of 2.3– 5.4%.
Real estate consultancy company Santos Knight Frank also expects a strong demand for houses, specifically apartment leasings, in Metro Manila in the coming months, due to the re-opening of worldwide borders, higher vaccination rates in the Philippines, as well as a go back to the workplace for employees.
At The Velaris Residences, future locals will appreciate a full collection of features and also facilities such as a cards and white wine area, as well as a multilevel landscape yard.
The Philippines likewise benefits from a framework roll-out by the government that includes new roadway, railway, flight terminal, and also train programs. These brand-new infrastructural projects have actually boosted transportation connectivity around Metro Manila and encouraged the growth of new high-growth centres.
The Velaris Residences especially benefits from the C5 roadway corridor that connects the cities of Quezon, Pasig, Makati, and Taguig. Study from Colliers sets the five-year compound yearly development rate (CAGR) of property developments along this economic roadway hallway at 16.9%, virtually double Metro Manila’s expected CAGR growth of 9.2%.
The Velaris Residences belongs to a three-tower domestic plan by RHK Land. The very first tower, Cirrus, is a 40-storey condominium with 1,371 devices introduced in 2019.
The designers will certainly hold a global sales occasion in Singapore to display The Velaris Residences over the May 21 and also 22 weekend at St Regis Singapore.
