[ Manila Bulletin Online ] October 7, 2008
By BERNIE CAHILES-MAGKILAT
Shang Grand Tower Corp., a local unit of the Kuok-owned Shang Properties Inc., is investing P5 billion for the construction of St. Francis Shangri-La Place to become the country’s highest residential luxury condominium and create an integrated community for the group’s Shangri-La Hotel and Shangri-La Mall in Mandaluyong City.
Milen G. Treichler, marketing manager of Shangri-La Properties told Business Bulletin the project is already 80 percent sold out and owners can move in starting next year.
"Majority of our buyers are Filipinos, balikbayans and foreigners," Treichler said.
The St. Francis Shangri-La Place is located within its 8.6-hectare property in Ortigas Center and is linked to the 5-star Edsa Shangri-La hotel and the Shangri-La Plaza mall via comfortable walkways.
"We have a very good location as we are in the heart of the bustling Ortigas district giving unit owners’ access to an integrated community that includes the EDSA Shangri-La Hotel (with its newly opened Chi Spa) and the Shangri-La Plaza Mall, with its wide range of upscale shopping choices, entertainment venues, and dining options," she said.
Treichler said the twin tower condominium reaching 60 floors and over a thousand units will set the standards for comfort, exclusivity and luxury living. Its studio unit has a price range of between P4 million to P5 million.
It is also very accessible to the MRT, she added.
Designed by world - renowned Hong Kong based architects Wong & Tung International Ltd. in collaboration with Philippine architectural firm Recio + Casas, the sleek St. Francis Shangri – La Place is a modern day sanctuary in the midst of the metropolis.
It has spacious interiors feature large windows, high ceilings and individual balconies to take advantage of Manila ’s panoramic cityscape. Roomy living areas and sophisticated design blends with the Shangri-La tradition of quality and luxury, redefining today’s benchmark for condo living.
The St. Francis Shangri-La Place is fully equipped with first - class amenities and recreation choices such as a state-of-the-art clubhouse and gym, multi-purpose function rooms, aerobics room, adult’s game room, steam baths, sauna, children’s playroom, swimming pool and separate kiddie pool. Residents are also hooked to wireless fidelity (Wifi) facilities and 24-hour concierge services.
The St. Francis Shangri-La Place also boasts of meticulously planned Grand Penthouses. Spanning three levels beginning at the 59th floor, these luxury spaces occupy a floor area that range from 510 to 650 sqm, with its own private infinity pool, roof deck, glass enclosed sky lounge, and a sky garden. Each of the Grand Penthouse units has four (4) bedrooms, floor – to – ceiling glass windows, and a master bedroom with its own walk – in closet and Jacuzzi.
The St. Francis Shangri-La is just one of the many hotel and resort accommodation facilities being built by the Singapore-headquartered Kuok Group.
Last July, Shang Properties together with Shangri-La Hotels and Resorts, announced its next project, a deluxe hotel and residential development in Fort Bonifacio Global City in Taguig slated for completion in 2012.
Other future developments include the expansion of Shangri-La Plaza mall also scheduled within this year.
Atty. Andy Bautista, president of Shang Properties Inc. said the company is also completing early next year the Boracay Shangri-La. The company is also constructing 290 residential units atop the Fort Boni Shangrila-Hotel.
So far, it has four hotels in the country including Shangri-La Makati, Edsa, Mactan and Traders Hotel. It also owns the Enterprise Center in Makati.
The company has a landbank of over 500 hectares located in Batangas, Tagaytay, Cavite, Mactan and the Fort Bonifacio Global City earmarked for future development, and total assets estimated at P17.2 billion. Backed by the added value and advantages provided by its affiliates worldwide– Kerry Properties, the Kuok Group, and Shangri-La International Hotels and Resorts, and their ever-growing network of property, logistics and infrastructure assets, the company is poised to set the pace for premium real estate projects in the Philippines.(BCM)
By BERNIE CAHILES-MAGKILAT
Shang Grand Tower Corp., a local unit of the Kuok-owned Shang Properties Inc., is investing P5 billion for the construction of St. Francis Shangri-La Place to become the country’s highest residential luxury condominium and create an integrated community for the group’s Shangri-La Hotel and Shangri-La Mall in Mandaluyong City.
Milen G. Treichler, marketing manager of Shangri-La Properties told Business Bulletin the project is already 80 percent sold out and owners can move in starting next year.
"Majority of our buyers are Filipinos, balikbayans and foreigners," Treichler said.
The St. Francis Shangri-La Place is located within its 8.6-hectare property in Ortigas Center and is linked to the 5-star Edsa Shangri-La hotel and the Shangri-La Plaza mall via comfortable walkways.
"We have a very good location as we are in the heart of the bustling Ortigas district giving unit owners’ access to an integrated community that includes the EDSA Shangri-La Hotel (with its newly opened Chi Spa) and the Shangri-La Plaza Mall, with its wide range of upscale shopping choices, entertainment venues, and dining options," she said.
Treichler said the twin tower condominium reaching 60 floors and over a thousand units will set the standards for comfort, exclusivity and luxury living. Its studio unit has a price range of between P4 million to P5 million.
It is also very accessible to the MRT, she added.
Designed by world - renowned Hong Kong based architects Wong & Tung International Ltd. in collaboration with Philippine architectural firm Recio + Casas, the sleek St. Francis Shangri – La Place is a modern day sanctuary in the midst of the metropolis.
It has spacious interiors feature large windows, high ceilings and individual balconies to take advantage of Manila ’s panoramic cityscape. Roomy living areas and sophisticated design blends with the Shangri-La tradition of quality and luxury, redefining today’s benchmark for condo living.
The St. Francis Shangri-La Place is fully equipped with first - class amenities and recreation choices such as a state-of-the-art clubhouse and gym, multi-purpose function rooms, aerobics room, adult’s game room, steam baths, sauna, children’s playroom, swimming pool and separate kiddie pool. Residents are also hooked to wireless fidelity (Wifi) facilities and 24-hour concierge services.
The St. Francis Shangri-La Place also boasts of meticulously planned Grand Penthouses. Spanning three levels beginning at the 59th floor, these luxury spaces occupy a floor area that range from 510 to 650 sqm, with its own private infinity pool, roof deck, glass enclosed sky lounge, and a sky garden. Each of the Grand Penthouse units has four (4) bedrooms, floor – to – ceiling glass windows, and a master bedroom with its own walk – in closet and Jacuzzi.
The St. Francis Shangri-La is just one of the many hotel and resort accommodation facilities being built by the Singapore-headquartered Kuok Group.
Last July, Shang Properties together with Shangri-La Hotels and Resorts, announced its next project, a deluxe hotel and residential development in Fort Bonifacio Global City in Taguig slated for completion in 2012.
Other future developments include the expansion of Shangri-La Plaza mall also scheduled within this year.
Atty. Andy Bautista, president of Shang Properties Inc. said the company is also completing early next year the Boracay Shangri-La. The company is also constructing 290 residential units atop the Fort Boni Shangrila-Hotel.
So far, it has four hotels in the country including Shangri-La Makati, Edsa, Mactan and Traders Hotel. It also owns the Enterprise Center in Makati.
The company has a landbank of over 500 hectares located in Batangas, Tagaytay, Cavite, Mactan and the Fort Bonifacio Global City earmarked for future development, and total assets estimated at P17.2 billion. Backed by the added value and advantages provided by its affiliates worldwide– Kerry Properties, the Kuok Group, and Shangri-La International Hotels and Resorts, and their ever-growing network of property, logistics and infrastructure assets, the company is poised to set the pace for premium real estate projects in the Philippines.(BCM)
