EAST TOWER TECHNICAL BRIEFING 28 FEBRUARY 2017
THE AYALA HERITAGE MAKATI CITY (200 HAS.) BGC (240 HAS.) NUVALI (1,800 HAS.) CEBU BUSINESS PARK (50 HAS.)
THE BUSINESS CAPITAL
ALI S P125B REDEV T PLAN MCKINLEY EXCHANGE P0.6B AYALA CENTER P28.3B AYALA TRIANGLE GARDENS P25.0B MCBD P11.1B CITY GATE P21.4B CIRCUIT MAKATI P39.3B
THE SIX NODES C I T Y G A T E M C B D A Y A L A T R I A N G L E G A R D E N S A Y A L A C E N T E R M C K I N L E Y E X C H A N G E
MAKATI S LIFESTYLE PLAYGROUND
ACCESSIBILITY
FOR PRIVATE VEHICLES 25 Minutes - MRT 3 Guadalupe Station - MRT 3 Magallanes Station 20 Minutes Makati Ave. (H.V. de la Costa) 15 Minutes J.P. Rizal (Rockwell Center) 10 Minutes Makati Ave. (Makati- Mandaluyong Bridge) 5 Minutes Chino Roces Ave. cor. Sen. Gil Puyat Ave.
FOR PUBLIC TRANSPORTATION FROM QUEZON CITY 19 mins. MRT 3 (P24.00) North Ave. Station to Guadalupe Station 2 mins. Walk Guadalupe Station to EDSA 17 mins. Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 43 mins. FARE: Approx. P34.00 Source: http://www.tripbarker.com, DOTC, LTFRB
FOR PUBLIC TRANSPORTATION FROM ORTIGAS CENTER 16 mins. Bus (P ± 12.00) Ortigas Ave. Grotto NAIA via EDSA, Ayala, Buendia Extension 17 mins. Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 38 mins. FARE: Approx. P22.00 Source: http://www.tripbarker.com, DOTC, LTFRB
FOR PUBLIC TRANSPORTATION BONIFACIO GLOBAL CITY 12 mins. 17 mins. Jeep (P8.50) 7Th Ave. AFP/PNP Housing (Taguig) Guadalupe (ABC) via Bayani Road Jeep (P10.00) Guadalupe to Taliba Del Pan Guadalupe (Ibabaw) 5 mins. Walk A.P. Reyes to Circuit Makati TRAVEL TIME : 34 mins. FARE: Approx. P18.50 Source: http://www.tripbarker.com, DOTC, LTFRB
A SYNERGY OF EXCELLENCE
THE STILES ENTERPRISE PLAZA WEST TOWER (2020) CIRCUIT CORPORATE CENTER (2017) SOLSTICE TOWERS (2019) CALLISTO TOWER 1 (2022) TRANSPORT TERMINAL (2014) GLOBE CIRCUIT EVENTS GROUNDS (2013) CIRCUIT LANE (2015) AYALA MALLS CIRCUIT (2018) SEDA (2019) POWER MAC CENTER SPOTLIGHT (2015) MOUNTAIN DEW SKATE PARK (2014) CIRCUIT PERFORMING ARTS THEATER (2019) S&R (2019) CITY KART RACING (2014) GATORADE-CHELSEA BLUE PITCH (2014) EXISTING ONGOING
INTERIM G L O B E C I R C U I T E V E N T S G R O U N D S GLOBE CIRCUIT EVENTS GROUNDS A venue for large concerts, festivals and other outdoor entertainment Opened in 2013 2,000-sqm canopy 2 hectares of open grounds Can accommodate 20,000 people
INTERIM C I T Y K A R T R A C I N G A 650-meter karting race track that makes use of a Formula One timing system Opened in January 2014 CITY KART RACING
INTERIM G A T O R A D E C H E L S E A B L U E P I T C H A FIFA regulation-sized blue pitch that measures 110m x 74m Opened in January 2014 GATORADE CHELSEA BLUE PITCH
INTERIM M O U N T A I N D E W S K A T E P A R K Featuring a 1,000-sqm skate area, the Mountain Dew Skate Park is the first of its kind in the Philippines MOUNTAIN DEW SKATE PARK Opened in January 2014
ENTERTAINMENT P O W E R M A C C E N T E R S P O T L I G H T POWER MAC CENTER SPOTLIGHT GLOBE CIRCUIT EVENT GROUNDS (2013) A black box venue for art exhibits, music recitals, comedy shows, Cocktail parties, product launches, and workshops Opened in September 2015 Seating capacity of 300 pax
RETAIL C I R C U I T L A N E CIRCUIT LANE A 253-m sprawling strip of retail shops, allday dining, restos, bars and cafes Opened in September 2015 10,084 sqm GLA 15,507 sqm GFA
OFFICES FOR LEASE C I R C U I T C O R P O R A T E C E N T E R CIRCUIT CORPORATE CENTER A two-tower development that has offices for lease 72,708 sqm GLA To be completed by July 2017
RETAIL A Y A L A M A L L S C I R C U I T A regional mall that is seamlessly connected to Circuit Lane and strategically located beside the district s business center AYALA MALLS CIRCUIT 5 physical levels, 1 basement 52,447 sqm GLA To be completed by Q3 2018
RETAIL S & R M E M B E R S H I P S H O P P I N G A warehouse membership shopping chain that has become a household favorite in the country. S&R (2019) Located conveniently beside Ayala Malls Circuit, with direct access to the main mall To be completed by Q2 2019
HOTEL S E D A C I R C U I T M A K A T I SEDA CIRCUIT MAKATI Lifestyle-centric hotel experience for the family 18 physical floors, 1 basement 255 hotel rooms 16,415 sqm GFA To be completed by Q4 2019
ENTERTAINMENT C I R C U I T P E R F O R M I N G A R T S T H E A T E R A world-class performing arts theater equipped with state-of-the-art lights and sounds, outstanding acoustics, and scenery technology CIRCUIT PERFORMING ARTS THEATER Seating capacity of 1,500 pax To be completed by Q4 2019
JAIME ZOBEL HALL <Theater Renderings>
THEATER AUDITORIUM
RESIDENTIAL S O L S T I C E T O W E R S Launched in Mar. 2013 92% SOLD SOLSTICE TOWERS The first residential development of Alveo in Circuit Makati, Tower 1 Launch price: P115k/sqm Current price: P131k/sqm 13.9% increase Tower 2 Launch price: P120k/sqm Current price: P130k/sqm 8.3% increase
RESIDENTIAL C A L L I S T O T O W E R 1 Launched in Sept. 2016 31% SOLD CALLISTO TOWER 1 The first tower of the second residential development of Alveo in Circuit Makati, Launch price: P136k/sqm
MAKATI S TOP EMERGING OFFICE ADDRESS
IN FEBRUARY 2015, THE STILES ENTERPISE PLAZA WAS INTRODUCED TO THE MARKET
AND BECAME ALVEO S HIGHEST-SELLING MAKATI LAUNCH AT THAT TIME
SINCE THEN IT HAS SOLD A TOTAL OF 248 UNITS, 88% SOLD AS OF FEB. 2017
GENERATED P3.0B IN SALES AND P2.8B IN BOOKINGS, 88% SOLD 92% BOOKED AS OF FEB. 2017
AND APPRECIATED IN VALUE BY 12.0% 170,000 165,000 160,000 155,000 150,000 145,000 140,000 135,000 147,000 148,000 148,300 155,700 165,000 160,000 Circuit Lane & Power Mac Center Spotlight Sept. 2015 50% Take-up Dec. 2015 80% Take-up Nov. 2016 S&R Announcement Jan. 2017
WEST TOWER EAST TOWER
WEST TOWER EAST TOWER
THE STILES ENTERPRISE PLAZA Building Type West East Total Grade A, LEED Certified Office Land Area 2,460 sqm 2,460 sqm 4,920sqm Gross Floor Area 38,698 sqm 46,663 sqm 85,361 sqm FAR 15.7 19.0 17.4 No. of Floors 29 storeys 33 storeys No. of Units 283 units 349 units 632 units No. of Parking 408 slots 488 slots 896 slots Parking Ratio 144% 140% 142% Retail Turnover 1Q 2020 GF and 10F 5 yrs. from launch
THE STILES ENTERPRISE PLAZA West East No. of Physical Floors 29 33 Roofdeck 1 1 Office 19 24 Podium 8 7 Lobby/Retail 1 (Ground Floor) No. of Elevators 15 15 High Zone 6 6 Low Zone 6 6 Service 1 1 Parking 2
THE STILES ENTERPRISE PLAZA
PODIUM & DROP-OFF
GROUND FLOOR RETAIL & AMENITIES WEST TOWER EAST TOWER West Tower East Tower Unit Size (SQM) SIZE (SQFT) Unit Size (SQM) SIZE (SQFT) 01 59 649 06 193 2,123 02 96 1,056 07 103 1,133 03 96 1,056 08 85 935 05 116 1,276 09 127 1,397 Business Center 569 6,260
DROP-OFF & LOBBIES
WEST TOWER LOBBY
WEST TOWER ELEVATOR LOBBY
EAST TOWER LOBBY
EAST TOWER ELEVATOR LOBBY
GROUND FLOOR RETAIL & AMENITIES EAST TOWER MAIN LOBBY East Tower Unit Size (SQM) Size (SQFT) Conference Hall 222 2,442 Room A 53 583 Room B 57 627 Room C 57 627 Room D 55 605 Board Room 78 858
BUSINESS CENTER LOUNGE
BUSINESS CENTER LOUNGE
BUSINESS CENTER HALLWAY
BUSINESS CENTER CONFERENCE ROOM
BUSINESS CENTER CONFERENCE HALL
BUSINESS CENTER RESTROOMS
BUSINESS CENTER RESTROOMS
BUSINESS CENTER RESTROOMS
PODIUM PARKING West Tower East Tower Regular Tandem Retail Total Regular Tandem Retail Total PWD Total P9 71 6-77 - - - - - 77 P8 52 6-58 72 2-74 - 132 P7 46 2-48 78 6-84 - 132 P6 45 2-47 77 6-83 2 130 P5 48 4-52 75 4-79 2 131 P3 43 - - 43 72 2-74 2 117 P2 42 - - 42 54 10-64 2 106 P1 14 27 6 47 30-7 37 1 84 TOTAL 361 47 6 414 458 30 7 495 9 918
10F RETAIL & LANDSCAPED DECK Unit Tower Size (SQM) SIZE (SQFT) 1008 West 180 1,980 1018 West 100 1,100 1001 East 162 1,782 1009 East 102 1,122 Landscaped Deck 530 5,830
MAKATI SKYLINE
10 TH FLOOR No. of Units Size Range Total NSA 13 units 79 170 sqm 1,329 sqm
WEST TOWER LOW ZONE: 11 TH -25 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units 79 143 sqm 1,416 sqm
WEST TOWER 26 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units 79 143 sqm 1,416 sqm
WEST TOWER 27 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units 79 131 sqm 1,377 sqm
WEST TOWER HIGH ZONE: 28 TH -36 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 15 units 79 149 sqm 1,451 sqm
WEST TOWER PENTHOUSE: 37 TH FLOOR PLAN CIRCUIT PERFORMING ARTS THEATER AYALA MALLS CIRCUIT No. of Units Size Range Total NSA HIPPODROMO ST. 6 units 131 255 sqm 1,155 sqm
BUILDING SPECIFICATIONS Description Unit Finishes Glass BMS Telecom & Broadband Climate control Building Specifications Flooring: Bare and Rough Cement Finish Ceiling: Bare and Rough Cement Finish No unit partitions (markings to define unit boundaries only) Gypsum board temporary partitions along common hallway Provision for one (1) executive toilet 75% glass ratio, double-glazed Monitoring of electrical power, illumination, security and observation, RFID, air-conditioning, water supply systems Globe and PLDT with provision for one (1) additional provider Fiber optic backbone VRF water cooled system, w/ modular variable speed design Tapping point for chilled water & fresh air, w/ BTU meters provided Power supply Fire Detection & Alarm 100% back-up generator Smoke detector, monitor module and stub-outs for sprinkler heads
BGC LEASE RATES Arthaland Tower Bonifacio One Technology Center One Global Place Trade and Financial Tower Inoza Tower The Menarco Tower Ore Central World Plaza Grade Premium A A A A A A A # Floors 30 29 28 32 20 32 30 27 Rent/Sqm P 1,200 P 1,000 P 1,000 P 900 P 1,200 P 1,200 P1,200 P1,200 Dues/Sqm P 220 P 180 P 180 P 165 P 180 P 220 P220 P220 BGC lease rates range from P900 to P1,200 per sqm per month
MAKATI LEASE RATES Tower One The Enterprise Center Zuellig Building Tower 6789 8 Rockwell PBCom Tower GT Tower Ayala 6750 Grade Premium Premium Premium Premium A A A A # Floors 35 39 & 29 33 34 19 52 47 24 Rent/Sqm P 1,300 P 1,200 P 1,400 P 1,300 P 1,200 P 1,400 P 1,200 P 1,200 Dues/Sqm P 200 P 200 P 220 P 200 P 175 P 220 P 180 P 220 Makati lease rates range from P1,200 to P1,400 per sqm per month
SELLING PRICE P165k/sqm Size Range TCP Range Corner 96-255 sqm P 16.9m - 45.9m Middle 79-132 sqm P 12.0m - 23.2m Total 79-255 sqm P 12.0m - 45.9m
Selling Price RENTAL YIELD RENTAL YIELD Rental Rates PHP 900 1000 1100 1200 1300 1400 1500 150,000 7.2% 8.0% 8.8% 9.6% 10.4% 11.2% 12.0% 160,000 6.8% 7.5% 8.3% 9.0% 9.8% 10.5% 11.3% 165,000 6.5% 7.3% 8.0% 8.7% 9.5% 10.2% 10.9% 175,000 6.2% 6.9% 7.5% 8.2% 8.9% 9.6% 10.3% 185,000 5.8% 6.5% 7.1% 7.8% 8.4% 9.1% 9.7% 195,000 5.5% 6.2% 6.8% 7.4% 8.0% 8.6% 9.2% 205,000 5.3% 5.9% 6.4% 7.0% 7.6% 8.2% 8.8% 215,000 5.0% 5.6% 6.1% 6.7% 7.3% 7.8% 8.4% 225,000 4.8% 5.3% 5.9% 6.4% 6.9% 7.5% 8.0% 235,000 4.6% 5.1% 5.6% 6.1% 6.6% 7.1% 7.7% 241,000 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 246,000 4.4% 4.9% 5.4% 5.9% 6.3% 6.8% 7.3% 255,000 4.2% 4.7% 5.2% 5.6% 6.1% 6.6% 7.1% 257,000 4.2% 4.7% 5.1% 5.6% 6.1% 6.5% 7.0% 265,000 4.1% 4.5% 5.0% 5.4% 5.9% 6.3% 6.8% 275,000 3.9% 4.4% 4.8% 5.2% 5.7% 6.1% 6.5% STILES HSS2 & PT HSS1 Gentry APT AFT Circuit Makati can yield approximately 6.5% - 8.0% ROI even with lower rental rate than that of BGC
PAYMENT TERMS Reservation fee of P200,000.00 per unit and P100,000.00 per parking slot Standard Cash Discount DP MA Bal Cash in 60 7% 95% in 0 60 days - 5% after 12 mos. Cash in 90 Standard Deferred 5% 95% in 61 90 days - 5% after 12 mos. 50-50(60) 2% 50% 50% over 60 mos. - 30-70(60) 1% 30% 70% over 60 mos. - 20-80(60) - 20% 80% over 60 mos. - 10-90(60) - 10% 90% over 60 mos. - Promo DP MA Bal Applicability 10-50(60)-40 10% 50% over 60 mos. 40% x01 and x09
SELLING RESTRICTIONS Half floors: x01-x05, x09-x12 x06-x08, x15-x18 Quarters: x01-x05 x06-x08 x09-x12 x15-x18 2 parking slots/unit Penthouse 10F All corner units 1 parking slot/unit All other units