Arthaland Corporation, the upscale and green property developer controlled by the Po family, plans to develop three residential projects this year while holding off new office buildings as the leasing market remains soft.
In an interview, Arthaland Executive Vice President Christopher Narciso said that while the firm is involved in both residential and office developments, for the mid-term, “we’re focusing more on the residential, given that the office market is still soft and unpredictable in terms of how it’s going to evolve.”
So, after recently completing three office projects, he said Arthaland will be developing middle-income residential projects in Laguna and Quezon City as well as high-end, high-rise projects in Makati.
Narciso noted that, even though they have already completed their latest ultra-luxury residential project in Makati, Arthaland has not lined up its next development in this market segment.
While the ultra-luxury market continues to grow, he explained that it has a very small base, with very few products in the market, and developers usually venture into it only when there are rare opportunities in terms of demand and location.
Athaland said its ultra-luxury partnership with Arch Capital, Eluria in Legazpi Village, Makati, was completed on schedule, and they anticipate its completion six months ahead of schedule in the fourth quarter of 2025.
With only 1-2 units per floor and 37 purposely built limited edition residences, this low-density, multi-certified residential condominium is designed for a select few.
“Eluria has garnered an excellent response from the market, with more than half of the units already reserved. With limited opportunities remaining, now is the perfect time to step into the Eluria lifestyle," said Arthaland Senior Vice President and Chief Sustainability Officer Oliver Chan.
Future residents can look forward to exceptional comfort and convenience courtesy of personalized white-glove butler services from internationally trained Hospitality Directors.
They will ensure that all aspects of the residents’ daily life are taken care of—from handling guest arrivals and food and parcel deliveries to booking restaurant reservations and arranging pet grooming and walking services.
As a standard, each Eluria unit also comes with premium-grade finishes and top-tier appliances such as a Sub-Zero refrigerator and under-counter wine cooler, and Miele stove and oven.
Sustainability and wellness are woven into every aspect of Eluria. It is pre-certified LEED Gold and registered for WELL, EDGE, and BERDE green certifications, ensuring that residents enjoy the highest quality of life while minimizing their environmental impact.
Key features include Optimized Natural Light, Water Harvesting and Reuse, Smart Contactless Technologies, and pre-equipped EV charging parking spaces. For those passionate about fresh, organic living, the Potager Garden provides a bounty of produce right at their doorstep.