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Eyeing for a new place like Makati?

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janicelicup

If you are planning to live here in the Philippines, I think you have to know this..this might give you an ideas in where to stay, invest or do your business.  This article got my attention..another place like Makati, wow!

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Aside from the areas near the proposed MRT 7 Stations in Quezon City, areas in Mindanao, and the Bonifacio Global City, there is another area to watch out for: The Food Terminal Inc. (FTI) property in Taguig.

The 74-hectare parcel of land at the FTI area was sold to Ayala Land, Inc. (ALI) for Php24.3 Billion recently. This translates to around Php33,000 per square meter, still a good price compared to Fort Bonifacio and Makati. No less than the President of the Philippines and the Finance Secretary witnessed the contract signing last Nov. 12, and the turnover of the initial payment of Php19 Billion. The Php5.3 Billion balance shall be paid next year.

Artist'a sketch of Ayala Land's FTI property development plans. Graphics sourced from Ayala Land as posted in rappler.com
An artist’s sketch of Ayala Land’s FTI property development plans. Graphics sourced from Ayala Land as posted in rappler.com


As reported in the news, the FTI property will be converted into a business district, which is undoubtedly Ayala’s forte. For sure, Ayala will make sure that this investment will pay off handsomely in the future.

The FTI property is envisioned to be the gateway to southern Metro Manila. The special feature of this area will be the proposed intermodal transport system linking various modes of transportation, including the current Philippine National Railways station. A connector road has been proposed by the Department of Public Works and Highways (DPWH) which will link the C-5 Road to the South Luzon Expressway through the FTI property. There are also plans for a Bus Rapid Transit (BRT) that would pass through Pasay City to Makati City, Bonifacio Global City, FTI and the Ninoy Aquino International Airport.
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It is really a good to read right?

deltamikelima

:up:

janicelicup

Thanks!

:D

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