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THE Outlook: Philippine Buyers’ Choice Property Awards, held on November 14 at the Makati Shangri-La, gathered Philippine real estate developers to celebrate the developments in the country.
Read More: The Manila Times
As one of Philippine’s pioneer real estate developers, Federal Land Inc. is known for iconic projects and world-class aspirations. A proud member of GT Capital Holdings, Federal Land demonstrates the passion of a trailblazer and innovator tempered by the strict disciplines of banking and finance.
Now on its 47th year, Federal Land has dedicated itself to developing properties that are faithful to the aspirations and expectations of its residents. Each project is truly considered and built to be of topnotch quality. Federal Land, Inc. creates properties anchored on the values of trust, reliability, and integrity through its masterbrands, Federal Land and Horizon Land.
Humble Beginnings
Soler Tower, Tytana Plaza, and Mandarin Mansion are the first projects of Federal Homes, Inc. in 1970s
Federal Land Inc. began in 1972 as Federal Homes, Inc. In the same year, it launched the Soler Tower to cater to the Filipino-Chinese community in Binondo, Manila. This was immediately followed by the launch of Tytana Plaza, Mandarin Mansion, Escolta Twin Towers, Dasma Corporate Center, and Federal Tower.
The success of Binondo projects and the increasing investor confidence led to an expansion in Pasay. In 1990, Federal Land launched Bayview International Towers along Roxas Boulevard. The project was one of the first prime developments in Pasay. After the reclamation of Manila Bay, Federal Land acquired 40 hectares to start a master-planned integrated community: Metro Park.
Setting its sights on producing more quality projects for its customers, Federal Land dedicated itself to building self-sustaining communities in Manila, Makati, Cavite, and Cebu. Early 2000 saw the rapid introduction of prime real estate projects such as Bay Garden Club Residences, Oriental Garden Makati, Florida Sun Estates, Valencia Hills, The Grand Midori Makati, Riverview Mansion, Marco Polo Plaza Cebu, and the landmark GT Tower International.
Since then, Federal Land has continued to build and deliver high-quality properties that are tailor-fit to the communities it chooses to serve. The Four Seasons Riviera in Binondo is designed with feng shui sensibilities. The Peninsula Garden Midtown Homes is intended to be a kid-friendly garden enclave ideal for starting families. The Quantum Residences is strategically located in between Manila’s university belt and Makati Central Business District to cater to young adults transitioning from students to professionals. Marquinton Residences, Tropicana Garden City, and Siena Towers gave Marikina citizens a new option aside from the traditional house and lot living. Mi Casa in the Bay Area brings in the modern tropical paradise streamlined for contemporary living. These projects stand as testimonies to Federal Land’s unrelenting commitment to building structures and communities that contribute to the progress of society.
President Rodrigo Duterte leads the unveiling of the Grand Hyatt Manila Marker with late Federal Land Chairman George S.K. Ty.
Global Alliances
Not resting on its laurels, Federal Land continues to advance its vision of building exceptional properties through its alliance with renowned global brands.
In Cebu, Federal Land partnered with Marco Polo Hotels of Hong Kong to develop the five-star Marco Polo Plaza and the first branded residence, Marco Polo Residences.
In 2008, Federal Land partnered with Orix Corporation, a top real estate company in Japan, for the Grand Midori Makati on Legazpi Street. The partnership fused Filipino artistry and Japanese ingenuity and created a Zen oasis in the heart of the city. In 2012, Federal Land formed the Bonifacio Landmark Realty and Development Corporation, a joint venture with Orix Corporation, to bring the iconic Grand Hyatt Manila and Grand Hyatt branded residences to North Bonifacio Global City.
Eiji Kutsukaka, Chairman of Nomura Real Estate Development; Toshihiko Sugie, President of Isetan Mitsukoshi Holdings; George Ty, GT Capital Chairman; and Alfred V. Ty, Federal Land Inc. unveils the scale model of The Seasons Residence.
Launched as a closing highlight to 2018, The Seasons Residences is a $400 million development project in partnership with leading Japanese firms, Nomura Real Estate Development, and Isetan Mitsukoshi Holdings, Inc. The development will have four upscale residential towers and the country’s first Mitsukoshi Mall.
Excellence in Execution
Federal Land, Inc. General Manager Thomas Mirasol and Vice President for Sales and Marketing John Cabato receive the 2019 Top Developer Award from BCI Asia.
Federal Land’s track record of quality, reliability, and integrity did not go unnoticed, with the company receiving numerous accolades over the years. The latest among its achievements is the 2019 Gold Award for Outstanding Developer from Fédération Internationale des Administrateurs de Biens et Conseils lmmobiliers (FIABCI) for the Grand Hyatt Manila Residences in BGC, Taguig.
Other notable awards collected are the 2019 Top Developer Award from BCI Asia for The Seasons Residences; the 2019 Brand Leadership Award from CMO Asia; the Best Luxe Condo of the Year from The Outlook 2018 by Lamudi for the Grand Hyatt Manila Residences; the 2017 Gold Award for Outstanding Developer from Fédération Internationale des Administrateurs de Biens et Conseils lmmobiliers (FIABCI) for The Grand Midori Makati; and the 2007 Developer of the Year Award from Chamber of Real Estate and Builders Association (CREBA) for Marquinton Residences in Marikina.
The Legacy Continues
Designed by world-renowned architecture firm Foster + Partners, the Estate Makati is envisioned to be the crowning jewel of Makati Skyline.
This 2019, Federal Land is slated to launch several projects including the Hawaiian-inspired development in the Bay Area, Mi Casa; and the company’s first foray in Ortigas CBD, The Grand Midori Ortigas. Federal Land is also scheduled to publicly launch the ultra-luxurious condominium project in partnership with SM Prime Holdings. Designed by world-renowned architectural firm Foster + Partners, The Estate Makati is set to be the crowning jewel of the Makati skyline and is expected to put the Philippines on the map of modern architectural marvels.
Federal Land celebrates its 47th year of transforming the skyline and reimagining the country bearing the theme “Excellence in Execution: Delivering What is Promised.” The theme underscores Federal Land’s commitment to create and develop enriching communities on par with the rest of the world. The values of accountability, ownership, and urgency serve as the company’s guiding principle to ensure Federal Land’s legacy of excellence will continue not only for 2019 but for the years to come.
Buying a home is one of the goals of every Filipino, especially those who work hard in another country to provide for their loved ones. And with the construction boom in the country, OFWs are now given the opportunity of buying their dream home and investing in real estate. So instead of letting your hard earned money sit idle in a bank, why not try your hand at real estate investment. Here are some guidelines to help you acquire a property without a hitch.
Identify your purpose
Is the property for your and your family’s residence? Do you plan on renting it out? Will you rent it to students, to office workers, to expats, or tourists ala Airbnb style? Will you wait for a few years then resell?
Recognizing your intentions will help you narrow down options and pinpoint the right location, amenities, and accessibility your dream property must have.
Read: What is Real Estate Investment and How to be an Investor
Do the research
Since you have lived abroad for a few years, it is important to know the real estate situation in the Philippines. And with today’s technology at the palm of your hands, you can easily hit the internet and scan through property portals like Lamudi to compare prices, check interest rates and talk to professionals.
Also, ask friends back home to recommend a reliable developer with a solid track record such as Federal Land Inc.
Palm Beach West at Bay Area Central Business District
Call a friend
While an average vacation for an OFW with a two-year work contract is two months, property acquisition can take more time. To make sure you complete all the requirements and come out of the purchase process with the keys of your dream house, ask a trusted immediate family member to represent you in the entirety of transaction.
Immediate family members such as your spouse, children, parents, and siblings can be appointed as attorney-in-act and sign the relevant documents on your behalf. A relative becomes your attorney-in-fact when you both sign the Special Power of Attorney (SPA). The SPA should then be notarized and consularized at the nearest Philippine Consulate. Upon the consulate’s approval, your attorney-in-fact is then authorized to sign documents and represent you for the transactions.
What is the difference between a Consularized Special Power of Attorney and Notarized Special Power of Attorney?
A Consularized Special Power of Attorney is an SPA signed by an OFW or expatriate while abroad, while a Notarized Special Power of Attorney is an SPA signed by an OFW or expatriate while in the Philippines. Typically, it is signed before an OFW leaves the country so a family member residing in the country can finish the transaction on his/her behalf. To notarize an SPA, simply visit a notary public near you with a signed SPA.
Prepare the papers
Acquiring a property requires proper documentation. Ensure that you have the basic paperwork in order such as:
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- Consularized or notarized Special Power of Attorney (SPA)
- Photocopy of important IDs such as passport, government IDs, company ID etc.
- TIN (Tax Identification Number)
- Proof of income/remittance
- Certificate of employment or POEA contract
Siena Towers along Sumulong Highway, Marikina City
Write that check
Depending on your financial capacity, there are various payment plans available such as paying in full or home loan through PAG-Ibig, in-house or bank financing. Carefully consider the pros and cons of each plan before making a decision. If you prefer to pay through a home loan, coordinate with your attorney-in-fact with the loan requirements and application.
Read: Condo Financing 101
Inspect the property
Before taking the keys, make sure that your attorney-in-fact and other family members meticulously inspect the property. Ask them to check for the condition of the load-bearing walls, broken tiles, water pipes and electrical provision amongst others. Best if they could bring an experienced inspector to ensure nothing is amiss before finalizing the turnover.
Even with a thousand miles in between, you and your dream of a real estate investment is not impossible. You can start with a serious family talk and choosing a reliable and trusted developer that will bring you to your dream investment.
GT Tower International, Grand Hyatt Manila and Residences, and the soon to rise, The Seasons Residences, are only a few of the most iconic towers in the Philippines that elicit the sophisticated and luxurious lifestyle that only the privileged few can enjoy. With its crown of 10-story vertical fin, the GT Tower International is one of the most iconic office towers in the Makati skyline. Currently the tallest skyscraper in the country, the Grand Hyatt Manila is a five-star luxury hotel preferred by VIPs all over the world. Considered as the first Japanese-inspired integrated community in the country – soon to rise, The Seasons Residences, presents a slice of the Japanese way of life that people emulate for their simplicity, practicality and efficiency.
These three iconic projects couldn’t have been more different, but there is one thing they have in common – they are all developed by one of the pioneers in the Philippine real estate scene – Federal Land, Incorporated.
Anchored on the values of trust, dependability, and integrity, Federal Land, now on its 47th year, is dedicated to developing properties that are faithful to the needs and aspirations of its residents, and even beyond expectations. Each project is considered a masterpiece, hence in every project, Federal Land brings in the most ingenious architects, most innovative engineers, and most reliable materials to build a safe and ideal home that is unique to the priorities of each person and designed around their life plans.
Trailblazing Projects
As one of the country’s prime movers in the real estate industry and builder of Filipino homes, Federal Land introduces projects that were never before seen and reinvents the standards of project planning, and harnessing its expertise in the development of global partnerships with international brands, that produced the luxurious Grand Hyatt Manila Residences; and the Japanese-inspired, The Seasons Residences.
Launched as a closing highlight to 2018, Grand Hyatt Manila Residences – South Tower in Grand Central Park, North Bonifacio Global City, is a joint venture with Orix Corporation of Japan and the Chicago-based Hyatt brand. The partnership brings to the country not only luxurious residential suites but also the legendary Grand Hyatt hospitality and service.
Grand Hyatt Manila Residences also notably won “Best Luxe Condo of the Year for Customer Service” of The Outlook 2018 by Lamudi: Philippines Buyers’ Choice Property Awards.
Federal Land also launched a $400-million development project in partnership with leading Japanese firms, Nomura Real Estate Development, and Isetan Mitsukoshi Holdings, Inc. The project envisions to create an integrated mixed use development incorporating Japanese spirit, experience, and technology. The development will have four premier residential towers, The Seasons Residences, and the country’s first Mitsukoshi Mall.
Beyond Structures
Federal Land’s commitment to develop and deliver world-class homes is not exclusive to its luxury and premier residences. Unique and with its own character, every Federal Land project has distinctive features certain to help its residents flourish and reach their full potential.
In Manila, Four Seasons Riviera in Binondo is a riverfront home with feng shui sensibilities to usher good luck into its residences. In Paco, Peninsula Garden Midtown Homes, a kid-friendly garden enclave ideal for starting families, has a heated pool for families to enjoy in the weekends. Strategically within the Manila’s university belt and near Makati CBD, Quantum Residences has a basketball court, karaoke room, business center, and other amenities to help Filipino millennial citizens achieve a healthy work-life balance.
In the Bay Area of Pasay, Federal Land proudly reclaims its status as the real estate pioneer in the Macapagal area with its sprawling Metro Park integrated community and the launch of Palm Beach West Residences. Residents of Metro Park enjoy the convenience of having an open park, a couple of malls, several office towers, and a college within its own township.
In Quezon City, Federal Land designed The Capital Towers for people in need of a home office in a highly strategic location of the central business district.
In Marikina, Federal Land’s Marquinton Residences, Tropical Garden City, and Siena Towers are built with the strongest materials and innovative engineering so these condominium towers can withstand earthquakes.
In Cebu, Federal Land developed the first branded residence, Marco Polo Residences, where residents enjoy hotel-living with the hotel a la carte services and beyond the usual amenities from the five-star Marco Polo Plaza.
The Legacy Continues
This year, Federal Land is set to rise with more landmark projects that will add prestige to the evolving skyline of the country. In the emerging Bay Area business district of Pasay, Federal Land will introduce Mi Casa, a vibrant vertical neighbourhood reminiscent of Hawaii’s reinvigorating aesthetic of open sea and air. Its first tower, Hawaii, brings in Hawaii’s modern tropical paradise streamlined for Filipino contemporary living.
In the Makati Central Business District, Federal Land partners with SM Prime Holdings to bring in the world-renowned architectural firm Foster + Partners to develop an ultra-luxury condominium project. The project, called The Estate Makati, is set to be to be the crowning jewel of the Makati skyline and is expected to put the Philippines on the map of modern architectural marvels.
These are clear testaments that we remain true to the promise of Federal Land to the Filipino people.
As what our former Group Chairman, Dr. George S.K. Ty, would say, “Federal Land started with a simple dream. The dream to build a great home for each and every person.”
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About Federal Land, Inc.
A prime real estate developer, Federal Land, Inc. is a member and one of GT Capital Holdings’ property arms. With 47 years of experience in reshaping the skyline and with its commitment to invest in the country, Federal Land, Inc. creates properties built on trust, reliability, and integrity through its masterbrands, Federal Land and Horizon Land. To learn more about Federal Land, please visit: www.federalland.ph.
Grand Hyatt Manila Residences won the award for “Best Luxe Condo of the Year for Customer Service” in the recently concluded The Outlook 2018 by Lamudi: Philippines Buyers’ Choice Property Awards. This is an annual event presented by top online property portal Lamudi Philippines celebrating the country’s leading industry projects and developers as selected by an esteemed panel of judges, and based on a survey participation of over 10,000 active property seekers.
The “Best Luxe Condo of the Year” Award recognizes luxury condominium projects that redefine top-tier living with its upscale aesthetics, amenities and facilities. Grand Hyatt Manila Residences was recognized for delivering world-class services and design efficiencies parallel to the legendary Grand Hyatt hotel experience.
Developed by Bonifacio Landmark Realty and Development Corporation, a joint venture between Federal Land Inc. and ORIX Corporation, Grand Hyatt Manila Residences is the only Grand Hyatt-branded residences in Southeast Asia. The property beckons condo buyers the opportunity to live out a hotel lifestyle marked with hotel-like conveniences as concierge, housekeeping and room services, complimented by spacious and beautifully designed living spaces. Grand Hyatt Manila Residences also provide easy and private access to Grand Hyatt Manila hotel, where more luxurious experiences and dining pleasures await. Grand Hyatt Manila Residences and Grand Hyatt Manila hotel are iconic structures in Grand Central Park, Federal Land’s 10-hectare mixed-use development in North Bonifcaio Global City, Taguig, featuring fully integrated premium residential, commercial, retail, and special interest spaces.
A prime real estate developer, Federal Land, Inc. is a member and one of GT Capital Holdings’ property arms. With 45 years of experience in reshaping the skyline and with its commitment to invest in the country, Federal Land, Inc. creates properties built on trust, reliability, and integrity through its masterbrands, Federal Land and Horizon Land.
About Grand Hyatt Manila Residences
Created by a joint venture between giants Federal Land and ORIX Corp. of Japan, Grand Hyatt Manila Residences is also one of the premier brands under Hyatt Residences. It offers world-class luxury condominium units with full access to the facilities and services of the Hyatt Hotels.
For more information please contact:
Chary B. Francisco
Corporate & Digital Marketing Head
Federal Land, Inc.
mcbfrancisco@federalland.ph
0917-7215043
Kaye Yuvallos
Account Manager
EON, Inc.
kaye.yuvallos@eon.com.ph
+63 2 893 5642 loc 171
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