Hongkong Land partners with Robinsons Land to reshape Philippine luxury property market

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Velaris Residences

Metro Manila (CNN Philippines) — Once concentrated in business districts, the Philippines’ luxury property market has now expanded to new areas, reshaping Metro Manila.

Due to years of robust economic growth, new growth corridors have emerged within the city, creating new enclaves of prosperity.

The bustling C5 Road – which is encircled by some of the country’s most exclusive private estates - welcomes a new entrant this year: The Velaris Residences by RHK Land Corporation, a joint venture of international property development leader HongKong Land (HKL) and Philippine real estate expert Robinsons Land Corporation (RLC).

The Velaris Residences is a 45-story premium condominium development that would definitely redefine the eastern skyline with its distinctive concrete-and-glass look, metallic bronze and rose gold façade.

HKL owns and manages more than 850,000 square meters of prime office and luxury retail property in key Asian cities namely Hong Kong, Singapore, Beijing, and Jakarta. It also has high-quality residential, commercial, and mixed-use projects in cities in Greater China and Southeast Asia.

SkyClub

Among its notable projects in the Philippines are premium properties One Roxas Triangle and Two Roxas Triangle in Makati, and Mandani Bay, a premium waterfront development in Cebu.

The Velaris Residences is the first project by RHK, showcasing the shared vision and experience of HKL and RLC, and this will also be a forerunner of other developments by the joint venture in the country. It aims to bring the lifestyle of the affluent in Hong Kong to Manila by introducing its intentional design philosophy, which considers the experience of the resident at each point of the design process. It is expected to be completed in 2024.

“The Philippine property market is one of the most exciting markets in Asia, and we are delighted to be part of it and to bring the innovations and design excellence that Hongkong Land is known for. Through our partnership with Robinsons Land Corporation, we have no doubt that we can duplicate our global successes in the Philippines through The Velaris Residences,” said Robert Wong, Chief Executive of Hongkong Land.

The Velaris Residences is located within Bridgetowne, a 31-hectare mixed-use destination estate that spans Pasig and Quezon City. Bridgetowne is centrally located in Metro Manila and boasts of great accessibility. With access points through C5 Road, Ortigas Avenue, and Amang Rodriguez Avenue, it provides easy connections to commercial establishments and offices, which gives residents numerous options for life and work integration. Moreover, a 200-meter long bridge within Bridgetowne that crosses the Marikina River, designed using state-of-the-art construction technology and indigenous ingenuity by Mañosa and Company, ensures that residents of The Velaris Residences enjoy quick and uninterrupted urban connectivity.

Grand Lobby

Despite these, The Velaris Residences offers utmost privacy and exclusivity to its tenants, occupying an entire block that separates it from other developments. It also sits across Bridgetowne’s verdant central park.

The first of a three-tower development envisioned by RHK within Bridgetowne, The Velaris Residences is seen to address investors’ demand as property prices in the area continue to rise, thanks to various infrastructure projects that will complement its growth. Two large infrastructure projects recently unveiled by the government – the Philippine Subway project and the MRT- 4 along Ortigas Avenue – will definitely lead to a surge in property values while ensuring ease of access for prospective residents.

“The Velaris Residences offers the best of two industry stalwarts – the solid track record and systems of Robinsons Land Corporation, and the award-winning design of Hongkong Land – to build a landmark that will redefine the C5 growth corridor. The Velaris Residences represents a window of opportunity to invest in a luxury development in one of the most dynamic geographies in Metro Manila,” said Henry L. Yap, president of RHK Land Corporation.

Amenities at The Velaris Residences complement its market’s lifestyles and are several notches higher than those offered by similar developments in this class. Private lift lobbies — an amenity usually provided only to penthouse owners—is available for owners of two and three-bedroom units as well.

Japanese Onsen

For residents’ wellness needs, there is an onsen, a Japanese bathhouse suite of indoor and outdoor hot pools. For their entertainment pleasures, there is the exclusive SkyClub, consisting of interconnected spaces such as the SkyDeck, which offers sweeping views around the property.

Each unit comes with top-of-the-line smart home technologies, such as smart digital locks, and mobile app-controlled air-conditioning and lighting. Three bedroom and penthouse units are also equipped with smart mirrors.

Unit options include a 156 sqm three-bedroom and 105.5 sqm two-bedroom units, as well as one-bedroom units with sizes ranging from 46 to 81 square meters. Bi-level penthouse units are also available.

With The Velaris Residences breaking ground at C-5, the Philippines has definitely gone several notches higher as a luxury property destination in Asia.

To find out more about The Velaris Residences, you may visit their Show Gallery at West Drive, Bridgetowne, Quezon City (beside The Blue Leaf Cosmopolitan).

You may also visit their website at thevelarisresidences.com or follow their social media accounts on Facebook and Instagram.