Festive Walk Mall Nov. 2017 Development Update

Getting closer to the completion of the next lifestyle and shopping destination in Iloilo City, the Festive Walk Parade Mall and Mall Annex building are highly-anticipated leisure centers in the 72-hectare township in Mandurriao District - the Iloilo Business Park.
The Festive Walk Parade is the township's most captivating and attractive feature, where Ilonggos and visitors can appreciate the upscale lifestyle, enjoy various leisure activities, savor different culinary offerings, and so much more. From high-end boutiques, retails shops, bistros to souvenir stores, everything in this mall will showcase the best of pleasurable experiences in the 'City of Love.' Other exciting features of the mall is the opening of world-class cinemas, an events center and food hall. It is expected to open in the coming months with a series of exciting events being prepared for shoppers and visitors.

Here are some significant development construction and site updates of Festive Walk Mall and Mall Annex building as of November 2017:

Lifestyle and investment updates? Just call (033) 330-3464. Visit Iloilo Business Park Sales and Information Center for more details. For updated online postings, check out our social media accounts: (fFacebook) www.facebook.com/IBPofficial, (Twitter) @IBPofficial and (Instagram) @iloilobusinessparkofficial.

Creating Jobs and Careers at IBP BPO District

Iloilo Business Park's BPO office towers Two Global Center, One Techno Place (above photo) and Three Techno Place (bottom photo)

Jobs and employment opportunities are getting global at Iloilo Business Park. Creating a sense of vision and inspiring the Ilonggos with Iloilo Business Park’s township concept theme, a bright future is shaping up in the horizon for the past years.
But one of the most beneficial advantages of having this gorgeous township in Iloilo City is the establishment of its own BPO District as the biggest in Western Visayas. Iloilo Business Park established a progressive direction in creating competitive employment opportunities in the BPO industry. In this township, Megaworld, the real estate giant developer of Iloilo Business Park shared their vision of establishing a total of 10 BPO buildings and paved the way to create more than 30,000 jobs in the next ten years.

Two Global Center building, the operation site of BPO company StarTek

 

Aerial perspective of Iloilo Business Park's BPO buildings and other significant edifices

Iloilo Business Park shapes up world-class jobs in Iloilo and other neighboring provinces that would elevate the quality of life, ensuring that this rising township is more than just about commerce, business and leisure, it’s a place where careers are promising, too.
So, are you looking for a competitive job? One of these days, try to visit Iloilo Business Park and who knows, you might find the best job you’re searching for.
Visit the township to see more developments and opportunities. For details, call IBP Sales and Information Center on how to be a part of the township life at (033) 330-3464 or visit our social media page: www.facebook.com/IBPofficial.

Why a property investment outside Metro Manila makes sense

Promising a laid-back, Paris-like lifestyle, Saint Honore will be composed of 168 units and recreational amenities like a swimming pool, pool lounge, fitness center, Jacuzzi, function rooms and retail shops.

Many real estate developers in the country, including the major ones, are exploring strategic places outside Metro Manila like Cavite, Laguna, Pampanga, Iloilo and Davao to build mixed-use properties.
Some reasons are observable: scarcity of developable land in the metro, higher land value, highly dense population and worsening traffic condition.
For real estate investors and homebuyers, moving out of Manila is also beneficial in some aspects. In fact, property listing site Lamudi Philippines cited non-Manila townships as a noteworthy property investment in 2016.
Here are a few reasons why buying real estate outside Metro Manila makes sense:

 

 

Iloilo Business Park soaring high as the new metropolitan center in Iloilo[/caption]

According to the latest data from Philippine Statistics Authority, residents in the National Capital Region must earn at least P25,000 every month to afford basic needs like food, clothing and shelter. But in many areas outside the metro, things like education, healthcare, housing and clothing can be cheaper.
According to an online comparison website Numbeo, consumer prices (excluding rent) in Manila are 28.5 percent higher than in Iloilo, almost 5 percent higher than in Cavite and nearly 30 percent more expensive than in Davao.

 

Artist's perspective of Festive Walk Parade, the next leisure hub in Iloilo

With car sales increasing every month, there seems to be no easy way to make the roads in Metro Manila less congested immediately. Nearly no one can put up with the worsening traffic condition in the capital anymore, not to mention the unreliable public transportation systems in place.
Heavy traffic and lengthy commutes are also costly in terms of fuel consumption, productivity and health, among others. But for the national economy, more than P2 billion is lost daily because of unbearable traffic, Japan International Cooperation Agency revealed in 2015.
On the other hand, a lot has been reported about the better traffic situation in many areas outside the metro. In Iloilo, for example, expatriates write about how convenient it is to grab a cab to get from point A to point B and the minimal incidences of traffic jams. In other provincial areas, driving may even not be necessary and commutes tend to be shorter.

 

BPO Building Three Techno Place

 

BPO Building One Techno Place

Businesses and foreign investors are attracted to non-Manila spots as they see the great potential in these areas. More business process outsourcing companies or BPOs, for instance, are moving out of the metro with lower overhead costs and less competition as their main drivers.
Many business parks are being developed now in urban areas outside Manila or the so-called next wave cities, which include Baguio, Cagayan de Oro, Dagupan, Dasmarinas, Dumaguete, Lipa, Malolos, Naga, Sta. Rosa in Laguna and Taytay in Rizal, to house these BPOs and other businesses.
It looks like the old notion that the chances to achieve career success in the provinces are slim is way outdated with the multiplication of jobs in these areas now.
Generally, housing in non-Manila regions is more affordable. According to the 2015 report of Lamudi, the average condo price per square meter is nearly P140,000 in Makati, more than P125,000 in Taguig and almost P48,000—the lowest in the National Capital Region—in Las Pinas. Meanwhile, Metro Cebu’s average stands at over P98,000.
Major developers that are offering high-end properties are now also penetrating the affordable housing market in the provinces. This also means that homebuyers now have more options.
For instance, Megaworld is building upscale condominium tower in Iloilo Business Park, its biggest township in Western Visayas. Promising a more laid-back, Paris-like lifestyle, Saint Honore and Saint Dominique are two astonishing high-end lifestyle towers made up of condo units and recreational amenities like a swimming pool, pool lounge, fitness center, Jacuzzi, function rooms and retail shops.

Lifestyle amenities and model condo units of Saint Honore and Saint Dominuque residential towers

Located at Iloilo Business Park, the tower is just a short walk away from offices, hotels, leisure spots and other residential properties. You can check out the investment opportunity at www.iloilobusinesspark.ph.
Source: http://www.philstar.com/health-and-family/2017/05/11/1665353/why-property-investment-outside-metro-manila-makes-sense

IBP Update: Marriott Courtyard Hotel

Megaworld Corporation, the country's leading real estate company is allocating P1.5-billion for establishing the Marriott Courtyard Hotel in the 72-hectare Iloilo Business Park. Considered as a vibrant addition of destination and project in the township, the hotel is envisioned to boost the tourism potential of Iloilo City.

The upcoming 15-storey contemporary hotel will mark the entry of an international hotel brand in Western Visayas and is another addition of hotels inside Megaworld's biggest township in the region. The international hotel will provide first-class accommodation to both business and leisure travelers in the area. Marriott Courtyard Hotel is legendary and will aid to increase the level of accommodation and leisure in the city.

The hotel is equipped with 314 rooms and suites; 121 King Rooms, 140 doubles, 32 Executive Rooms and 16 suites. All rooms will have curtain wall system to provide a wonderful view of the urban landscape of Iloilo Business Park. Other amenities include a lounge bar, meeting rooms, swimming pool with pool bar, outdoor bar and grill, state-of-the-art gym and business center. The hotel will also showcase a first-class restaurant which will serve a variety of international and local cuisines.

Marriott Courtyard Hotel known for its exceptional world-class standard of luxury and comfort is envisioned to be completed and will open this 2017 at Iloilo Business Park.

Marriott Courtyard Hotel known for its exceptional world-class standard of luxury and comfort is envisioned to be completed and will open this 2017 at Iloilo Business Park. Take a good look at the present construction update of the hotel preparing for its grand opening.

Marriott Courtyard Hotel known for its exceptional world-class standard of luxury and comfort is envisioned to be completed and will open this 2017 at Iloilo Business Park.

Present site of Marriott Courtyard Hotel. Additional photos by Saldi Gonzaga.

For more lifestyle details and investment vision, visit Iloilo Business Park Showroom or call (033) 330-3464.

Splendid Evenings at Saint Honore

Gorgeously splendid in the evening. Lifestyle has never been this charming and classy. Spend a lifetime of comfort and luxury in this astonishing tower.

The "City of Lights" is calling you. Paris radiates with timeless passion and beauty at night. The endless motion of people in this inspiring city showcases love and romance, the same wavelength of emotion and vision igniting lifestyle affinity. Bringing the same heart and dream to another "City of Love" on the other side of the world, Iloilo City will capture similar ambiance of classy lifestyle.

Glowing and sparkling with a classy vision of lifestyle, the French-inspired Saint Honore, Megaworld’s newly launched residential condominium tower boasting with 10-storey attractions, sensational third level amenity deck and depicting a picturesque Paris, comes alive at night with surprises and colors in Iloilo Business Park.  It is located along the Festive Walk Parade, the 1.1 shop-and-dine strip of the township where sprawling retails shops, restaurants and the biggest nightlife area will come-to-life very soon. Residents of this upscale tower will definitely enjoy and experience the grandiosity of Festive Walk Parade since conveniences and pleasures are located just outside their homes. It will provide them with seamless choices of adventure, leisure activities and get a first look on various events happening in the city’s nightlife spot.

True to the concept of Paris, the world’s famous ‘city of lights’ and ‘romance capital,’ Saint Honore is an illuminating and attractive sight in the evening, filled with multi-colored hues and picture of luxury. It evokes passion and charm, making you fall in love with its multi-faceted vision as a condominium tower. Saint Honore is surprisingly astonishing by having unique yet classy amenities such as swimming pool, a pool lounge, a kiddie pool, a Jacuzzi, function halls and a fitness center for relaxing activities. There’s also a spacious Atrium, a replication of Tullieries Garden, a famous landmark in Paris. Here, it shines like an oasis of pleasure complete with trellised seating area, lush green garden, pieces of sculpture and recreational areas.

So when you imagine yourself living in Saint Honore, looking at your window will give you a glimpse of high-end lifestyle, a piece of Paris you can enjoy for a lifestime. When you get outside the tower to experience pleasurable stroll along the Festive Walk Parade, you’ll get to see the tower as a beautiful masterpiece, a home reflecting opulence of Paris - glowing, sparking and captivating you to fall in love with life.

For more details, call us at (033) 330-3464. Check out IBP Sales and Information Center for more lifestyle inspiration.