A JOINT venture of Robinsons Land Corp. (RLC) and Hongkong Land (HKL) is set to launch a premium condominium project, The Velaris Residences, this month.
RHK Land Corp.’s The Velaris Residences is expected to “redefine the eastern skyline with its distinctive concrete-and-glass look, metallic bronze and rose gold facade.”
The 45-storey condominium is located within Bridgetowne — RLC’s 31-hectare township that spans Pasig and Quezon City. The first of the three-tower development is targeted for completion by 2024.
“The Velaris Residences offers the best of two industry stalwarts — the solid track record and systems of Robinsons Land, 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,” Henry L. Yap, president of RHK Land, said in a statement.
The Velaris offers bi-level penthouse units, 156 square meter (sq.m.) three-bedroom and 105.5 sq.m. two-bedroom units, as well as one-bedroom units with sizes ranging from 46 to 81 sq.m.
Private lift lobbies are available for owners of two and three-bedroom units. Amenities include an onsen — a Japanese bathhouse suite of indoor and outdoor hot pools, SkyClub and SkyDeck.
“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,” said Robert Wong, chief executive of HKL.
HKL is a major listed property investment, management and development group, and a member of the Jardine Matheson Group.
As published in BusinessWorld.