The Ortigas CBD is one of the most important financial centers in Metro Manila. It is home to the headquarters of multinational and top local corporations, business process outsourcing (BPO) firms, and banks such as the Asian Development Bank. Aside from offices, this bustling central business district also hosts numerous shopping malls, topnotch academic institutions and premier lifestyle destinations. That is why having the address of a high-rise condominium within the Ortigas CBD or close to it is indeed such a privilege.
Bounded by the major thoroughfares of EDSA, Ortigas Avenue and Shaw Boulevard, the Ortigas CBD is at the convergence of urban living and efficient transportation. The MRT Line 3 as well as various city buses, express vans and public utility jeepneys traverse through this business district, making it highly accessible to other key destinations in the metropolis. The planned Metro Manila Subway, which will pass through Ortigas CBD, will also add more convenience for commuters.
Furthermore, another upcoming infrastructure project that will benefit all people working and living within or near Ortigas is the BGC-Ortigas Link Bridge that will cross Pasig River, connecting Bonifacio Global City to the Ortigas CBD. This is expected to help decongest EDSA and C-5 Road, and will reduce the travel time between these two central business districts.
All these factors will contribute to the further appreciation of market values of real estate properties within this CBD and its periphery. As of April 2021, most condominiums within Ortigas Center are priced at a minimum of PHP 300,000 per square meter while other nearby high-rise projects along EDSA and Shaw Boulevard range from PHP 230,000 up to PHP 280,000 per square meter. These prices are expected to increase in the coming years.
Meanwhile, a pre-selling development with close proximity to Ortigas CBD can be acquired at approximately PHP 179,000 per square meter only. The four-tower The Paddington Place by real estate game-changer, Empire East, offers a wide array of residential units, ranging from executive studio, 1-to-2-bedroom suite up to penthouse. A limited promo offer of 5% discount will further reduce its price to only around PHP 170,000 per square meter.
The Paddington Place is just a convenient 3-to-4-minute walk to the MRT-3 Shaw Boulevard Station, and just cross EDSA, a resident will already easily reach the Ortigas CBD. The walkability of The Paddington Place to the establishments in Ortigas Center is such a premium advantage of being part of this address. It also promotes a transit-oriented lifestyle where residents can just ride public transport instead of driving their cars.
This high-rise residential enclave will have a two-level shopping mall that will cater to the basic daily necessities of its residents. The 7th level of the podium is dedicated to be its recreational zone where residents can enjoy and relax in a wide array of amenities and facilities such as swimming pool, playground, landscaped gardens, jogging paths, indoor game room, fitness gym and function hall.
Let it be for long-term use of your family or for investment where you will resell or rent out your condominium unit at The Paddington Place, today is the best time to reserve one! Do not wait for the next price increase or for the promo offer to be over. Call Empire East today at (02) 8810-3333 or 0917-8-EMPIRE (367473) to know more details about this prestigious development in Mandaluyong City. You may also follow us on social media for more updates.