Ortigas strengthens bid in luxury segment
Unveils the King of the modern royals at Capitol Commons
Manila, Philippines-Premier property developer, Ortigas & Company unveils the King of the modern royals at Capitol Commons. Imperium, the second residential tower and most luxurious to rise in the P25-billion mixed-use development in Pasig,is poisedto strengthen the developer's bid to capture the luxury market upsurge.
Ortigas took its cue from success of Royalton in 2013 and Imperium's counterpart in Greenhills, which is Viridian, launched 2011.
"According to a report by CB Richard Ellis, luxury projects comprise below 1% of the total residential condominium stock. There is pent up demand in this sector and it has been driving multiple product launches in the past years. We will take our share of that. This new tower is a strong follow-up to Royalton, the first tower in Capitol Commons, and Viridian in Greenhills, which are both received well by the market," says Joey Santos, General Manager of the Real Estate Division, Ortigas & Co.
A home, a castle
From the Latin phrase "power to rule," Imperium features an architectural design leaning towards vertical lines, a circular form, and angled windows meant to provide a perfect view of the horizon, the Capitol Commons Park, and an unobstructed Ortigas skyline. The towerpresents a modern take on the coveted status of Roman aristocracy-stately living in a prime location.
Its impressive 62-storey height is matched by an offering of only four two- or three- bedroom units to a floor, with sizes ranging from 100 to 200 square meters.
"We want to ensure utmost privacy for our residents, reason why we designed the tower to be very low density. All in all, we will have a total of 226 units in 58 residential floors, 400 parking slots, and one ground-level retail floor, " says Santos.
Among itsamenities are an infinity edge pool with shower and locker rooms, an outdoor play area, landscaped garden decks, grand lobby, high performance fitness facility, recreation room, residents' lounge, function rooms and a mini theater with recliner chairs.
Ortigas is offering Imperium at a price, which ranges from P16-Million - P37-Million.
Capitol Commons, the 10-hectare site of the former Rizal Provincial Capitol, would house five residential towers including Royalton and Imperium, a high-end mall called Estancia with its roster of international fashion brands and destination retailers, the second branch of Unimart to occupy the 10,000 square meter lot at the corner of Meralco Ave. and Shaw Blvd., and a state-of-the-art entertainment center called Paragon.
The area has now been transformed to one of Metro Manila's most popular dining havens upon the opening of Black Olive, Starbucks, Tipsy Pig, Nomama, and soon, Sentro 1771.
"Today, people come to Capitol Commons because they like the lean but tasteful mix of tenants that we have. In about two years, they will see the completion of other development features such as Estancia. For those who would make Imperium and Royalton their home, this is one of the biggest amenities we are providing-they will have the best residential units, in a place that is master-planned and brimming with life," concludes Santos.
Ortigas & Co. is also the developer behind some of Metro Manila's most-loved residential communities and retail hubs such as Greenhills Shopping Center and the Greenhills Subdivisions, Greenmeadows, Valle Verde, Circulo Verde, Frontera Verde which houses Tiendesitas, and Circulo Verde.
For more information, like Capitol Commons on Facebook or call 401-3332.