FLAIR TOWERS

Page 1


OVERVIEW ADDRESS:

Reliance corner Pines Street, Brgy. Highway Hills, Mandaluyong City

LAND AREA:

Approximately 1.4 HA

TYPE OF DEVELOPMENT:

High-Rise Residential Condominium 2 Buildings, 41 Stories each Single Loaded, Double Row, Resort Themed

UNIT TYPES:

Studio, 1-BR, 2-BR and 3-BR

TOTAL UNITS:

2,192 units (1,096 units per building )

NO. OF PARKING LOTS:

approximately 1,400 slots (~64%)

OPEN SPACE:

70% of land area (approx. 10,300 sqm)


LOCATION MAP Address: Reliance corner Pines Street, Brgy. Highway Hills, Mandaluyong City How to get there: FROM MAKATI VIA EDSA Make a right turn at Reliance Street FROM BONI VIA PIONEER Make a left turn at Sheridan Street and another left turn to Reliance Street FROM ORTIGAS VIA SAN MIGUEL AVE. From San Miguel Ave, proceed to Mayflower Street, until the Intersection with Reliance Street


NEARBY ESTABLISHMENTS KMS./ MINS. BUSINESS CENTERS • Ortigas Center • Makati CBD • Bonifacio Global City

1.2kms/ 5mins. 4.5kms/ 17mins 5.0kms/ 19mins.

SCHOOLS • Lourdes School, Mandaluyong • UA &P • Poveda Learning Center • St. Paul College Pasig • La Salle Greenhills • ICA • Xavier School

1.0kms/ 4mins. 1.2kms/ 5mins. 2.0kms/ 8mins 2.3kms/ 9mins 2.8kms/ 11mins 4.4kms/ 17mins 4.5kms/ 17mins

HOSPITALS • The Medical City • Cardinal Santos Hospital

3.2kms/ 12mins 4.2kms/ 16mins

KMS./ MINS. COMMERCIAL CENTERS • Shangri-La Mall • Starmalll • Robinsons Place Pioneer • SM Megamall • The Podium • Robinsons Galleria • Metrowalk • Rockwell Center • Tiendesitas • SM Super Center • Greenhills Shopping Center • Eastwood City

0.7kms/ 3mins. 1.0kms/ 4mins. 1.0kms/ 4mins. 1.3kms/ 5mins. 1.8kms/ 7mins. 2.0kms/ 8mins. 2.4kms/ 9mins. 3.0kms/ 12mins. 3.4kms/ 14mins. 3.4kms/ 14mins. 3.5kms/ 14mins. 6.5kms/ 25mins.


WHY CHOOSE TO LIVE IN FLAIR TOWERS?


FLAIR TOWERS is‌. What

The only private and genuine resort-inspired high-rise condominium

How

That features the abundant outdoor and indoor amenities paired with DMCI Homes’ unique building design technology, the Lumiventt advantage

Who

For young and discerning urban families

Why

Aspiring for exclusivity, a natural home setting, quality community living and a balanced home and work life

Where

At the Ortigas-Mandaluyong central business district

When

In a time of limited housing options


GENUINE RESORT-INSPIRED LIVING

From the grand arrival area to the distinct and abundant outdoor amenities and landscaping, residents are sure to imbibe the genuine resort and country窶田lub feel of Flair Towers. The various amenities are also specifically designed and chosen to provide venues for community living and social interaction among residents and sustain the active lifestyle of our residents. These are centrally located and easily accessible to all residents to create a sense of unity throughout the development. Elevated infinity pools, water walls, skylight arbors, lighted pool walkways and decks are just some of the distinct features of the Central Amenity Core.


LIVING THE COSMO LIFESTYLE

For the urban dweller, amenities such as the Sky Lounge and the landscaped roof deck is the perfect place to enjoy the city skyline. Another real treat for our residents will be the balconies in all units for them to have intimate moments against the city backdrop.


GREEN LIVING DESIGN TECHNOLOGY The Lumiventt Building Design Technology Each of the two high-rise towers comes with Sky Patios, Central Atriums and Breezeways in every five floors, all contributing to the garden setting and maximum influx of natural air and light into the buildings.


STRATEGIC LOCATION

Located at the center of Metro Manila, Mandaluyong City is nicknamed are "Tiger City of the Philippines" and "Metro Manila's Heart“ because it lies in the middle of the ‘Golden Triangle’ of Makati, Manila and Quezon City and straddles Metro Manila’s economic beltway that is EDSA. In effect, Flair Towers provides its residents the luxury of time and convenience as it is centrally located and within minutes from the Ortigas, Mandaluyong and Makati CBDs.


WORRY-FREE LIVING

It’s the only exclusive high rise residential village in the area that’s gated, guarded 24/7 for residents’ security and peace of mind. All units are finished and turnover specifications allow for immediate move-in. Our property management office provides the round the clock upkeep and maintenance of common areas.


INVESTMENT POTENTIAL

Centrally located and within minutes from the Ortigas, Mandaluyong and Makati CBDs and numerous BPO companies, Flair Towers is the ideal melting pot for the workforce within these areas. Aside from savings on gasoline, cost of commute, time and energy efficiency due to its building design, the property also poses great leasing potential due to its proximity to major shopping establishments and educational institutions. All these benefits are well within an affordable pricing package indicative of the developer.


DMCI HERITAGE OF QUALITY WORKMANSHIP


TARGET MARKET


EARLY NESTERS Demographics Decision makers either early nesters or newly wed couples, end-users or upgraders with gross monthly household income of Php100,000 to Php180,000 aged 30 to 40 years old with children (in their toddler – early puberty years from pre-school to grade school). Psychographics They are ready to move up and move into a new home as they seek to provide not only the best home environment for their families but also enjoy the benefits of being part of a thriving community while pursuing their flourishing professional careers.


COMPETENT INDIVIDUALS Demographics These are modern, upwardly-mobile individuals (late 20’s, within 30’s) who desire an ideal home and community environment while still enjoying the privileges of in-city/ cosmopolitan living. They are looking for modern communities with abundant recreational facilities. Psychographics They are competent individuals, career-oriented professionals, executives and city-dwellers, who are seeking homes proximate to their place of work and near business and commercial centers. – need for a sense of achievement – they take great pride in the fruits of their labor. – require recreational facilities that can sustain their very active lifestyle.


INVESTORS Demographics Those who desire to invest in and upgrade to ideal halfway homes for immediate or future use. These include parents seeking for the right second home for their children who will soon be studying and/or working in the city, as well as OFWs who are looking at having a second home in the city or an investment. Psychographics They are cocooners, parents that are practical, who are seeking homes that can provide their children with security, comfort and peace of mind. They want to feel that though they are not there, their children or loved ones are properly taken cared of and have everything that they could possibly need.


PROJECT IN FOCUS


SITE DEVELOPMENT PLAN


OUTDOOR AMENITIES CONCEPT Resort and Country-Club Like Amenities

1. 2. 3.

Playcourt Jogging Trail Playground

4. 5. 6.

Picnic Grounds Pavilion Alfresco View Deck

7. Lounge Pool 8. Palm Promenade 9. Kiddie Pool

10. Lap Pool 11. Sky Lounge 12. Landscaped Roofdeck


ACTIVE ZONE


POOL ZONE


LOUNGE POOL


KIDDIE POOL


OBSERVATORY


INDOOR AMENITIES CONCEPT In-City Living •Grand Lobby with Wifi Connection •Open Lounge Areas with Wifi Connection •Music Room with Instruments in South Tower •Function Rooms in each building •Fitness Gym •Sky Lounge in each Tower •Roof decks (The Observatory) in each Tower


ARCHITECTURAL THEME ARCHITECTURAL DESIGN: Modern Tropical “…balance between nature and structure.” “… Offering sensuous qualities universally desired in homes. It also delights with inviting courtyards - a private, rhythmic space to pause, repose and rejuvenate. And these courtyards are also playful intermediaries for natural light and breeze to permeate the living spaces while enhancing the sense of spaciousness and visual interest.” “…bringing outdoors indoors.” “…Natural light is focused, filtered to define and enhance spatial experiences. The whole concept of the design revolves around the basic elements of life : Light , Water and Space.” “… It involves a return to clean and simple rectilinear modernist forms, coupled with an emphasis of lush landscaping.” “… unifying the building and the landscape, they exploit the pleasure of living in the tropics. It’s a fully seamless integration of the lush landscape and the modern structures.”


SINGLE LOADED CORRIDORS


SKY PATIO & CENTRAL ATRIUM CENTRAL ATRIUM

SKY PATIO


BUILDING FEATURES • • • • • • • •

Single Loaded Corridors Sky Patios and Central Atriums every 5 floors Breezeways at the end of each floor Sky Lounge and Observation Deck at the Roofdecks 4 level Basement Parking Fire Cabinets in every Level 6 High Speed Elevators per building Garbage rooms per floor (inside the electrical room)


DEVELOPMENT FACILITIES •

SECURITY – Lighted Perimeter fence design is higher than the existing standard height of 2.0 meters. – Entrance gates with guard houses and car barriers, which include ample functional lighting for the guards to see the stickers of approaching vehicles. – CCTV cameras at strategic locations (i.e. guardhouse, elevators). – A 24/7 roving security. – Back-up power for all security features

UTILITIES – Individual mail boxes with keys located in a centralized mail room / area. – Parking slots to include wheel stopper – one set per slot – Available features for disabled persons – Back-up power for common areas – Garbage rooms per floor (inside the electrical room). – Automatic fire sprinkler and fire suppression systems at hallways – Fire annunciator system per floor level. – Fire hoses at the hallway near the stairwells


PROPERTY MANAGEMENT OFFICE • • • • • • • • •

General maintenance of common areas Roving security personnel for common areas Move-in assistance Organizing of community events Utilities application and payment assistance Realty Tax payment assistance Taxi call-in service Leasing Program * Newspaper delivery *

*Services for a fee


FLOOR PLANS


GROUND LEVEL


TYPICAL ATRIUM LEVEL


TYPICAL UPPER LEVELS

Note: Atrium is located at atrium levels


UNIT LAYOUTS



A

GROSS AREA

41.50 sqm


BB


A A

GROSS AREA

GROSS AREA

60.00 sqm

60.00 sqm


BB

GROSS AREA

60.00 sqm


DELUXE


GROSS AREA

76.00 sqm


UNIT TYPES & FEATURES as of October 12, 2010

Unit Types Studio 1-Bedroom A 1-Bedroom B 2-Bedroom A 2-Bedroom B* 2-Bedroom Deluxe 3-Bedroom

Approx. Unit Area 24.00 SQM 32.00 SQM 29.00 SQM 48.00 SQM 48.00 SQM 52.00 SQM 66.50 SQM

• Provision for split type air-conditioning in the living area. •Provision for washing machine inside the unit. •Provision for Telephone and Cable TV . •Provision for range hood for all units – all units

*Korean layout


TURNOVER FINISHES as of October 12, 2010

RESIDENTIAL AREA

STUDIO UNITS (24 sqm)

1- BEDROOM UNITS (29 and 32 sqm)

2-BEDROOM UNITS (48 and 52 sqm)

3-BEDROOM UNITS (66.5 sqm)

FLOOR FINISHES Living, Dining and Kitchen Bedrooms

Vinyl planks with baseboard not applicable

Ceramic tiles with baseboard Vinyl planks with baseboard

Balcony

Ceramic tiles with pebble washout (where applicable)

Toilet

Unglazed ceramic tiles

WALL FINISHES Interior Walls

Painted finish

Toilet

Painted plain cement finish above tile

CEILING FINISHES Living, Dining and Kitchen

Painted plain cement finish

Bedrooms

Painted plain cement finish

Toilet

Painted plain cement finish

SPECIALTIES Kitchen Area Toilet and Bath

Granite finish kitchen countertop with cabinet system Mirror Cabinet

Granite finish lavatory countertop for T&B 1


TURNOVER FINISHES as of October 12, 2010

RESIDENTIAL AREA

STUDIO UNITS (24 sqm)

1- BEDROOM UNITS (29 and 32 sqm)

2-BEDROOM UNITS (48 and 52 sqm)

DOORS Entrance Door Bedroom Door

Wooden panel door on metal jamb not applicable

Wooden door on metal jamb

Toilet Door

Wooden door with louver on metal jamb

Balcony Door

Aluminum framed glass panel (where applicable)

WINDOWS

Aluminum framed glass panel

FINISHING HARDWARE Main Door Lockset Bedroom Lockset Toilet Lockset

Lever type keyed lockset not applicable

Lever type keyed lockset Lever type privacy lockset

3-BEDROOM UNITS (66.5 sqm)


TURNOVER FINISHES as of October 12, 2010

RESIDENTIAL AREA

STUDIO UNITS (24 sqm)

1- BEDROOM UNITS (29 and 32 sqm)

2-BEDROOM UNITS (48 and 52 sqm)

3-BEDROOM UNITS (66.5 sqm)

TOILET & KITCHEN FIXTURES Water Closet

Top flush, one-piece type

Lavatory

Wall hung type

Kitchen Sink

Single Bowl

Under Counter Type (48 sqm)

Under counter type and wall-hung with semi pedestal (52 & 66.5 sqm)

Single Bowl with Drain Board

Kitchen Faucet

Lever Type

Shower Head and Fittings

Exposed bath and shower mixer

Soap Holder

White, Recessed type


UNIT MIX & PRICE RANGE Unit Type Studio 1 BR A 1 BR B

No of Units 252 60 60

% 23 5 5

2 BR A

384

35

2BR B 2 BR Deluxe 3BR Total

82

7 14

158 100 1,096

9 100

Description / Location Regular Studio Unit Layout 1-BR End unit with balcony 1-BR End unit without balcony Regular 2-BR Unit Layout (certain units with balcony) Korean 2-BR Unit Layout 2-BR Unit with 2 T&B, without balcony Regular 3-BR Unit Layout

48.00

Gross Area (sqm, incl. Balcony) 24.00 41.00 29.00 48.0060.00 60.00

52.00 66.50

52.00 75.50

Unit Area (sqm, more or less) 24.00 32.00 29.00 48.00

LIST Price (As reflected in Pricelist)

Low 1.96 Mn 2.33 Mn 2.29 Mn

High 2.49 Mn 3.28 Mn 2.43 Mn

3.06 Mn

3.89 Mn

3.24 Mn

3.78 Mn

3.47 Mn 5.14 Mn

4.29 Mn 5.72 Mn


PAYMENT TERMS AND OTHER SELLING DETAILS Reservation Fee

Php 20,000

Minimum Downpayment

20%

New payment scheme will apply: 10% discount in cash payment 4% discount on 30-70 payment term 5% discount on 40-60 payment term 6% discount on 50-50 payment term No discount on 20-80 payment term Balance may be settled through in-house or bank financing. For DP more than 50%, the applicable discount and factor rates shall be based on 50% DP. 2% PDC discount will be applied provided complete documents and PDCs are submitted within 30 days from reservation date. Target RFO date = February 2014 As per Memo # FIN-10-07-001


PAYMENT TERMS AND OTHER SELLING DETAILS Special Discount for 2BR & 3BR units • 3% Discount for FIRST 100 2-BR & 3-BR unit reservations (total reservations). • The discount will be applied to the list price. • Additional/succeeding discounts on cash and other payment terms will still be in effect. • Multiple purchases of Studio and/or 1-BR units are NOT considered as a 2-BR or 3BR purchase. •Upon reaching the first 100 units or until 6:00 PM of November 9, 2010, the 3% discount will no longer be in effect.

Online Availability Charts • Availability charts will now be available online.


COMPETITION FAST FACTS


FLAIR TOWERS

LIGHT RESIDENCES

GATEWAY REGENCY

TWIN OAKS

Land Area

1.4 Has.

3.2 Has.

2.96 Has.

2.6 Has.

No. of Bldgs.

2 Bldgs.

3 Bldgs.

2 Bldgs.

2 Bldgs.

No. of Floors

41 Flrs.

39-40 Flrs.

28 Flrs.

43 Flrs.

2,192 units

3,702 unitss

426 units

396 units

No. of Units/ Floor

approx. 26-30 units

40 units

12 units

Studio (Size and %)

24 sqm – 23%

20sqm - 27%

28.9 sqm - 12%

31-31.5sqm - 61%

-

-

-

35.55 sqm - 22%

1BR (Size and %)

41.50 & 29 sqm – 10%

23.5-27.37 sqm - 67%

31.4-35 sqm - 73%

-

2BR (Size and %)

48 & 60 sqm - 42%

32.4 sqm - 5%

53.4 sqm - 15%

47.3 sqm - 17%

2BR Deluxe (Size and %)

52 sqm – 14%

-

-

-

3BR (Size and %)

76 sqm – 9%

74.67 sqm

-

-

Parking Slots and Ratio

1,400 – 64%

515 – 13.9%

268 - 31%

-

P 510,000

P 700,000

P 700,000

-

Total Units

Studio Premium (Size and %)

Parking Price

-


FLAIR TOWERS Target market

LIGHT RESIDENCES

GATEWAY REGENCY

TWIN OAKS PLACE

young family/ young couple/ upgraders

young professionals

young professionals

professionals

professionals

Investors/ OFW

Investors/ OFW

Investors/ OFW

Exclusive, medium density development

Convenience - Lifestyle Center SM Mall at the ground floor with over 48 stores

Part of a 6-hectare mixed use development (Pioneer Cybergate Complex)

Part of a 21-hectare mixed use development (Greenfield district)

The Lumiventte Design Technology

5 Star Hotel Living made affordable

The country's first future-ready home built with fiber optic wireless system ("Smart of Home System")

Fully-fitted Fully-furnished units

Floor to ceiling height of 3.2m versus industry standard of 2.8 m

Competitive pricing per square meter

Indulgent Amenities - Biggest resort type development in the area (3.2 hectares and 65% open space)

Residential tower was turned 45 degrees to maximize views, lighting and ventilation

highest parking slot to tenant ratio at 60% in the area

Unbeatable value - Affordable selling price (TCP) and low MA due to small unit sizes

Flexible DP montly payment term due to longer RFO date (50 months), Pag-ibig payment term financing

located just beyond EDSA to guarantee privacy yet near enough commercial establishments to ensure convenience of in-city living

Strategic Location -Transitoriented, connected to MRT Boni Station

45% glass ratio compared to industry standard of 30-35%

Abundant and unique amenities at the central amenity core (70% of land area)

Unique Selling Proposition


FLAIR TOWERS vs. LIGHT RESIDENCES


FLAIR TOWERS

LIGHT RESIDENCES

Land Area

1.4 Has.

3.2 Has.

No. of Bldgs.

2 Bldgs.

3 Bldgs.

No. of Floors

41 Flrs.

39-40 Flrs.

2,192 units

3,702 unitss

No. of Units/ Floor

approx. 26-30 units

40 units

Studio (Size and %)

24 sqm – 23%

20sqm - 27%

-

-

1BR (Size and %)

41.50 & 29 sqm – 10%

23.5-27.37 sqm - 67%

2BR (Size and %)

48 & 60 sqm - 42%

32.4 sqm - 5%

2BR Deluxe (Size and %)

52 sqm – 14%

-

3BR (Size and %)

76 sqm – 9%

74.67 sqm

Parking Slots and Ratio

1,400 – 64%

515 – 14%

P 510,000

P 700,000

Total Units

Studio Premium (Size and %)

Parking Price


OUTDOOR AMENITIES FLAIR TOWERS

•3 pools •Jogging paths •Picnic Grounds •Basketball Court •Playground •Barbecue Pits •Pavilion •Sky Lounge and Observation Decks

LIGHT RESIDENCES

•Children's playground •Jogging paths •Landscaped gardens and water features •3 pools


FLAIR TOWER POOL ZONE

LIGHT RESIDENCES AMENITY AREA


TYPICAL FLOOR PLAN Flair Towers

26 – 30 units per floor 6 elevators

Light Residences

38-40 units per floor 4 elevators Not to scale


UNIT LAYOUTS FLAIR TOWERS

Studio Unit – 24 sqm

LIGHT RESIDENCES

Studio Unit – 20 sqm

Not to scale


UNIT LAYOUTS FLAIR TOWERS

1BR Unit – 29 sqm

LIGHT RESIDENCES

1BR Unit – 27 sqm

Not to scale


UNIT LAYOUTS FLAIR TOWERS

2BR Unit – 60 sqm

LIGHT RESIDENCES

2BR Unit – 31.75sqm

Not to scale


FOR INVESTOR MARKET: Mandaluyong Area LEASING RATES (as of March 15, 2010)


LEASING OPPORTUNITY FOR UNFURNISHED UNITS UNIT TYPE

MONTHLY RENTAL RATES

FLAIR TOWERS (indicative monthly DP)

SOHO CENTRAL

GATEWAY GARDEN HEIGHTS

GA TOWERS

(DMCI Homes/ Reliance St.)

(Century Properties/ Shaw Blvd.)

(Robinsons Land/ Pioneer St.)

(Globe Asiatique/ EDSA)

-

12,750.00

-

-

FLOOR AREA RANGE

Studio Unit

29.8sqm - 33.4sqm

Studio Unit

24sqm

10,391.11

-

-

-

1BR Loft Unit

32sqm

-

-

15,000.00

-

1BR Unit

43sqm - 45sqm

-

17,650.00

-

-

1BR Unit

41.50sqm

15,558.34

2BR Loft Unit

40sqm

-

-

-

16,000.00

2BR De Luxe

45sqm - 61.5sqm

-

21,400.00

-

18,000.00

2BR Suite

64sqm - 71.6sqm

-

27,250.00

30,000.00

-

2BR

60sqm

17,381.10

-

-

-

2BR Deluxe

52sqm

18,818.29

-

-

-

3BR

76sqm

27,410.10

-

-

-

45.00

65.00

Inc. in Rental Rates

45.00

2,500.00

3,700.00

3,800.00

3,000.00

Association Dues/ sqm Parking Rates wih Dues

Notable Property Amenities

pools, jogging paths, basketball court, playground, barbecue pits, pavillion, gym, daycare, laundry, meeting rooms, sky lounge, observation decks

pool, gym, spa, function rooms, laundry shop, and two (2) floors commercial area

pools, jogging path, playground, gym

pool, gym, spa, commercial area


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