Hongkong Land, an international property giant, in collaboration with Robinsons Land, a leading Philippine real estate company, have launched The Velaris Residences. This luxury residential development is situated in Bridgetowne—a 31-hectare mixed-use township and commercial park bridging Pasig City and Quezon City.
Developed by RHK Land Corp, a joint venture between Hongkong Land and Robinsons Land, The Velaris Residences stands as the first integrated township endeavor by Robinsons Land, which operates as the property division of the Filipino conglomerate, JG Summit.
The opulent condominium will feature a 45-story residential building with 504 units, ranging from one- to three-bedroom residences spanning 495 to 1,678 square feet. It will also offer terrace suite units with one or two bedrooms, measuring 780 to 1,318 square feet, along with four expansive duplex four-bedroom penthouse suites, varying from 3,190 to 3,480 square feet.
Designed with modern contemporary aesthetics, The Velaris Residences will boast interiors showcasing a palette of earthy tones complemented by luxurious metallic bronze and rose gold accents, in true Hong Kong style. Two-, three-, and penthouse units will offer the exclusivity of a private lift lobby, while a central lobby will serve the one-bedroom units. The property will also feature four levels dedicated to parking, comprising three podium floors and a basement level.
Amenities are set to include a cards and wine room, a SkyClub, and a multi-level landscape garden. Designed to cater to the evolving work landscape, the condominium will also offer a dedicated workspace featuring soundproof office pods and contemporarily designed personal workstations. Wellness amenities will feature an Olympic-length infinity pool as well as a Japanese-style onsen and lounge. Residents can additionally benefit from a golf simulator studio, equipped with advanced camera technology.
Residents will have access to a dedicated mobile application, designed to streamline administrative tasks such as fee payments, maintenance requests, and smart locker reservations for deliveries.
According to a joint press release from the developers, the Philippine residential real estate market presents a prime growth opportunity, benefiting from a robust economy, resilience against external shocks, and comparative cost advantages. This aligns with data from Colliers, which indicates higher rental yields in Metro Manila compared to other Southeast Asian cities.
The Velaris Residences enjoys strategic positioning along the C5 road corridor, connecting major cities and contributing to property value appreciation. With a projected five-year compound annual growth rate (CAGR) of 16.9% for properties along this corridor, it significantly outpaces Metro Manila’s expected CAGR of 9.2%.
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