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Stef Anub - Lead Broker, Philippine Realty Group








// posted June 10th, 2012

Guide: Ortigas Condo for Sale


Intro

Ortigas Center has many features that attract both local and foreign businessmen, rich and famous people, and prospective homebuyers.  These features are: Ortigas Center has wide streets, well-lit avenues, elevated pedestrian walkways, ample sidewalks, very clean environment, and it has also many opportunities when it comes to business and lifestyle.  One main feature of Ortigas Center is its location.  Ortigas Center lies in an excellent location where it is conveniently accessible from major thoroughfares, highways, and mass transit system of Metro Manila.

Being the second business and commercial district in the country, Ortigas Center provides a wide variety of world-class amenities and facilities to meet every people’s different wants and needs.  Ortigas Center boasts of many leading businesses, shopping malls, restaurants, hotels, and residential properties in the Philippines.  The Philippines’ famous and leading shopping centers are located in Ortigas Center which are the Robinsons Galleria Mall, SM Megamall, Shangri-La Plaza Mall, St. Francis Square, and The Podium.  Ortigas Center is also a stone’s throw away from The Medical City – one of the country’s most contemporary medical institutions.

Davao Condo

Ortigas Center's Condominiums

Ortigas Center holds more than 50 high-rise residential condominiums to provide those people who are looking for a place to stay both for short-term and long-term in this very progressive and modern place.  Most Ortigas Condos for sale are located at the heart of Ortigas Center.  Ortigas also have luxurious condominiums that are among the best in the country.  If you’re looking for condo unit for lease in Ortigas or units that are rent-to-own, you also have several choices.

Every Ortigas Condo for sale offers high-class amenities and 24-hour security.  Amenities include swimming pools, basketball/badminton/tennis courts, kid’s playgrounds, fitness gyms, etc.  These amenities are all shared with the residents.  In order for this amenities as well as the security to be maintained, each condo unit owner are required to pay a small amount of monthly fee.  Condominiums in Ortigas Center usually offer Studio Unit and 1-Bedroom to 4-Bedroom Units.  Most units have their own balconies and private gardens with spectacular view of the city. 

Examples of Ortigas Condos for sale are The Currency and the Allegro at Sonata Place.  Both are future developments which - when fully constructed - will be one of the Ortigas Center’s luxury condos.  The Currency is developed by Vista Land which offers Studio Unit and 1-Bedroom to 2-Bedroom Units.  It is located at Julia Varga Avenue corner Garnet Road, Ortigas Center.  Unit prices range from 3.2M – 9.3M.  The Allegro at Sonata Place is another development of Robinsons Land Corporation, which is located at San Miguel Avenue corner Lourdes Street, Ortigas Center.  Allegro also offers 1-Bedroom to 3-Bedroom Units. Prices of units range from 5.2M – 20M.

About Ortigas Center

Ortigas Center is bounded by the streets of EDSA to the west - which is the Philippine capital's main thoroughfare - Shaw Boulevard to the south, Ortigas Avenue to the north, and Meralco Avenue to the east; it is also bounded by three progressive cities such as Pasig City, Quezon City, and Mandaluyong City.  It is mainly in part to the Ortigas Center Association Inc., a non-profit and non-stock organization founded in 1982.  

Ortigas Center began as the 4,033-hectare "Hacienda de Mandaloyon", an estate from the Augustinian Order.  In the following years, there were several changes of partners.  On July 10, 1931, the company was incorporated “Ortigas, Madrigal y cia., S. en C.” as a limited partnership by shares (sociedad comanditaria por acciones).  The parties to the partnership were Clyde A. Dewitt, Vicente Madrigal, B.C.M. Johnston, Fulgencio Borromeo, Manuel L. Quezon, and Francisco Ortigas (Don Paco).

Known establishments were also located in Ortigas Center such as San Miguel Corporation, Jollibee Foods Corporation, the Philippine branch of HSBC, Shangri-La hotel and Robinsons Galleria.  Protuberant engineering firms are also located in this district such as WSP Group, Parsons Brinckerhoff, and Sinclair Knight Merz.  Ortigas' skyscrapers and buildings were housed by hundreds of companies, and the district earns approximately 40 percent of the total proceeds of Pasig City.

Top 4 Facts

  • Ortigas Center is the second business and commercial district in the Philippines next to Makati City.
  • Ortigas Center earns about 40 percent of the total revenues of Pasig City.
  • Ortigas Center has an area of at least one hundred hectares.
  • Ortigas Center is is governed by Ortigas Center Association, Inc.


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