RLC, HK Land to launch ₱5.6-B luxury condo

Published February 3, 2020, 12:00 AM

by manilabulletin_admin

By James A. Loyola

RHK Land Corporation, a joint venture of local real estate expert Robinsons Land Corporation (RLC) and international property development leader Hongkong Land (HKL), is launching this month its ₱5.6-billion luxury development along the C5 growth corridor.

The Velaris Residences will be a 45-storey premium condominium development that aims redefine the eastern skyline with its distinctive concrete-and-glass look, metallic bronze and rose gold façade.

Its iconic look is a hallmark of Hongkong Land, which brings its expertise and global experience to The Velaris Residences.

The Velaris Residences is the first project to be undertaken by RHK, showcasing the two proponents’ shared vision and experience, and is the forerunner of other developments that the joint venture will undertake in the Philippines.

It will be launched on February 21, 2020, and is seen to transform the C5 corridor upon its completion in 2024.

Located within Bridgetowne, RLC’s 31-hectare vibrant and master-planned mixed-use township that spans Pasig and Quezon City, The Velaris Residences lies within one of the most dynamic districts in the metropolis.

It aims to bring the lifestyle of the affluent in Hong Kong to Manila by introducing its intentional design philosophy, which considers the experience of the resident at each point of the design process.

“The Velaris Residences represents a window of opportunity to invest in a luxury development in one of the most dynamic geographies in Metro Manila,” said RHK Land Corporation President Henry L. Yap.

With access points through C5 Road, Ortigas Avenue, and Amang Rodriguez Avenue, The Velaris Residences is within easy reach of commercial establishments and offices, which gives residents numerous options for life and work integration.

“The Philippine property market is one of the most exciting markets in Asia, and we are delighted to be part of it and to bring the innovations and design excellence that Hongkong Land is known for. Through our partnership with Robinsons Land Corporation, we have no doubt that we can duplicate our global successes in the Philippines through The Velaris Residences,” said Hongkong Land Chief Executive Robert Wong.