October 18, 2022

Own a piece of Japan in Bonifacio Global City

Premier Philippine real estate developer Federal Land Inc. is bringing together Filipino hospitality and sense of community with the Japanese traditions of excellence and innovation to deliver a slice of Japanese living in the Philippines.

Inspired by Japan’s four seasons, The Seasons Residences is a mixed-use development featuring upscale residences, curated amenities and the first Mitsukoshi in the country. It is a joint venture between Federal Land and leading Japanese firms Nomura Real Estate Development Co. and Isetan Mitsukoshi Holdings Ltd.

Federal Land tapped Tokyo-based architectural firm Nikken Sekkei to create the master plan and conceptual design, while the podium facade concept is from Torafu Architects in collaboration with Asao Tokolo, designer of the 2020 Tokyo Olympic Games logo. The development is also equipped with viscoelastic coupling dampers — a sophisticated seismic-reduction technology from Japanese company PNS Advanced Steel Technology Inc. In doing so, The Season Residences thoughtfully fuses Japanese culture with a contemporary Filipino setting.

BGC: The place to be

The Seasons Residences rises within thriving Bonifacio Global City, one of the leading financial and lifestyle districts in the Philippines. Attracting multinational firms such as JP Morgan Chase, HSBC, Google and Facebook, BGC prides itself on being at the core of a dynamic and well-connected urban city.

It is also the home of top international schools, including International School Manila, British School Manila, and the Manila Japanese School. Important city landmarks include the five-star hotel Grand Hyatt Manila, world-class medical institution St. Luke’s Medical Center, several embassies and parks, and of course plenty of shopping and dining experiences to bring people together.

BGC is serviced by a major highway, with roads connecting it to other business hubs, such as Makati Central Business District in the west and Ortigas Center in the north. The opening of the new BGC-Ortigas Road Link, as well as several major infrastructure developments underway, are set to provide BGC residents with better accessibility and more convenient mobility options.

A worthwhile investment

Based on pre-pandemic numbers, Bonifacio Global City properties have a high return on investment potential. Real estate services firm Colliers Philippines reported a 56% increase in residential property prices in 2019 compared with 2009. The report also showed a 28% increase in rental rates in 2019 compared with 2009.

Given the optimistic economic rebound from the pandemic, the Philippine real estate sector is seeing increased interest from investors. A recent report released by Colliers Philippines highlights how the luxury segment remained stable and strong throughout the pandemic and into the new normal. The luxury segment accounted for 26.3% of all condominium take-ups in in the first half of 2022.

Read more: The Japan Times Online – News