“Three Central Wins Best Residential Interior Design Honor at the 2015 Philippines Property Awards”
Apart from being a masterpiece by itself, Three Central also partnered with various market leaders of interior designing including the notable global design firm, Wilson Associates. As a brand dedicated to creating new definitions of luxury, the firm’s portfolio include iconic addresses of royal palaces, Michelin-star restaurants, mega casinos, five-star hotels and now, including Megaworld’s own Three Central.
Three Central will be joining the rest of the major awardees to compete at the South East Asia Property Awards this coming October 15, 2015.
Living in Makati, the financial and business center of the Philippines, gives boundless accessibility via multi-modal ways of transporatation and walkability option to everything that matters.
Makati reigns as a central business hub for prominent multinational corporations, embassies, and top local corporations. Many head offices are located here, which attracts executives from local and international scenes.
The International crowd has helped the city become a melting pot for the food and restaurant scene. Living in the city center, you can treat your taste buds to a variety of cuisine destinations.
4. Fun Factor
Apart from the food scene, the city also offers many options for its residents to enjoy vibrant nightlife. Whether your scene is more bar, pub, club, speakeasy, jazz bar, or lounge, the city provides options for every type of recreation.
The central location has paved the way for prime retail and commercial establishments, office buildings of top local and multinational corporations, hotels, and premiere residential complexes.
The Makati CBD yields profitable investment due to its appreciating land values (Php300,000-400,000 per sq.m) increasing capital values (Php110,000-292,000), and increasing rental rates (Php909-1,500 per sq.m).
7. Working Population
The CBD is home to a working population of 3.7 to 4.2 million in the daytime and 500,000 in the nighttime. With the expat community expected to rise in the next three years, the total working population is expected to keep increasing.
8. Potential Market
Makati CBD Residential buildings continue to have high occupancy rates of about 89.9% to date. It is no wonder the “2014 Emerging Trends in Real Estate: Asia Pacific” pegged Manila as Asia’s top spot for residential property development.
9. Overall Demand
The strong demand for residential and office tower space within the CBD will only continue and get stronger in the coming years. Investing in a place within the city center has the potential to be quite profitable.
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