The rise of foot traffic in a mall in Makati reflects the economic growth of the country.

Published April 18, 2018, 2:00 PM

by manilabulletin_admin

Artist’s perspective of the atrium. Right: Lobby reception.
Artist’s perspective of the atrium. 

Metro Manila is becoming more congested and the availability of places for interment in public and private facilities are in steady decline. Most newly opened memorial spaces, meanwhile, are located farther away from Manila and are often expensive. For Filipinos who regularly visit their departed loved ones, this becomes a major hurdle.  Thus, cremation has become a practical alternative for families to ensure accessibility to the memorials of their dearly departed.

In response to this demand, Eternal Bright Sanctuary, Inc. (EBSI) announced that it has undertaken the construction of a new memorial facility at the heart of Metro Manila, the Aeternitas Memorial Chapels and Columbarium.

Located in Commonwealth Avenue in Quezon City and between the proposed Don Antonio and Batasan Stations of the MRT Line 7, the nine-storey development will have more than 45,000 niches for cinerary remains. Each of its 15 premiere memorial chapels and two grand memorial chapels will have access to telephone, cable and Internet.

Aeternitas will have six passenger lifts, over 200 parking spaces and a centralized air-conditioning system for the comfort and convenience of visitors. A 24/7 security with CCTV in all common areas and sufficient emergency services are also available in the building for everyone’s safety.

Lobby reception.
Lobby reception.

A ‘peaceful’ investment

According to Van Lopez, marketing director of EBSI, unlike the general real estate market, memorial spaces consistently increase value over time and are not easily devalued. Its prime location, Commonwealth Avenue, is also another plus factor. Lopez is confident the valuation of the investment will steadily increase with time.

Investors are also covered by a no-cost credit life insurance while paying for the columbarium vaults to make sure that investors are covered in cases of unforseen circumstances.

Aeternitas offers competitive packages and flexible payment schemes tailor-fit to individual needs.

Facade of Aeternitas
Facade of Aeternitas

Strong partnerships

The building was conceptualized by Architect Yolanda Reyes, current Philippine Regulatory Commissioner and Principal Architect, of RLR77 Architectural Design, Planning and Consulting Services. She designed the Aeternum Park Estate in Columbary in Bonifacio Global City and provided the Master Development Plan of Colegio de San Juan de Letran in Bataan, San Sebastian Recoletos in Laguna.

The project was awarded to Metro Stonerich Corporation, an ISO 9001:2008 certified service company specializing in engineering, construction and project development. Over the years, it has worked with the leading architects and construction managers to consistently deliver projects in accordance with specifications and owner-driven concerns.

Construction is managed by Jose Aliling Construction Management Inc. one of the country’s leading construction management company. Its portfolio of over 100 projects includes major and high-profile structures.

Buyers can choose to invest in pre-selling projects which has lower introductory price, flexible payment terms and best locations. The market value of the acquired property appreciates over a period after its construction.