ASCOTT MAKATI

PHILIPPINES
ASCOTT MAKATI

Address

Glorietta 4, Ayala Center
Makati City 1224
The Philippines

Description

Located in Glorietta 4 Ayala Center in the heart of Makati City's central business district, Ascott Makati is close to the headquarters of numerous multinational corporations and financial institutions. The 306-unit property comprises studios, one-bedroom to three-bedroom and penthouse apartments. It has full facilities such as fitness centre, gymnasium, swimming pool, business centre, meeting rooms, tennis courts and a restaurant. Guests also have direct access to entertainment facilities, shops and restaurants in the premier Ayala Center shopping mall, which is linked to the serviced residence towers. Well-known shops at Ayala Center include anchor department stores like Rustan's, ShoeMart, Landmark and popular brands such as Swatch, Dolce & Gabbana, Hugo Boss and Marks & Spencer. It is also near the Greenbelt Mall, a lifestyle mall where well known international brands such as Louis Vuitton, Prada, and Gucci can be found.

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Key Information
Year of Completion 1999
Title Lease tenure expiring on 6 January 2044, renewable for another 25 years subject to the mutual agreement of both parties
Number of Apartment Units Owned 362
Gross Floor Area (sqm) 55,255
Latest Property Valuation (S$ million) 134.9
Agreed Property Value at Acquisition (S$ million) 87.5