The Central Business District The Suburban Sanctuary Agenda • Key Messages • Project Briefing Proper • Top 5 Reasons to Invest in Jazz Residences • Technical Briefing Proper FOR TRAINING PURPOSES ONLY Key Messages • JAZZ RESIDENCES is the epitome of a good investment – prime location + unique project concept + topnotch amenities + SM Brand = GOOD INVESTMENT • NOW IS THE TIME TO BUY – Banks are offering low interest rates and longer payment terms FOR TRAINING PURPOSES ONLY Agenda • Key Messages • Project Briefing Proper • Top 5 Reasons to Invest in Jazz Residences • Technical Briefing Proper FOR TRAINING PURPOSES ONLY Vicinity Map Building Elevation 7th to 46th (35 levels): Residential 6th (1 level): Amenities & garden units Ground – 5th (4 levels): Commercial and Parking Basement 1: Parking Project Overview Tower C: Piano 1,077 units Tower A: Violin (2Q 2014) • Situated on a 2.5hectare property in Makati City • 4 residential towers with sprawling amenity podium, 1 basement and 3 podium parking levels and 2 commercial levels • Comprised of a mix of Studio, 1-Bedroom, and 2Bedroom types Tower D: Clarinet 1,758 units 783 units (4Q2014) (4Q 2013) Tower B: Cello 1,749 units (3Q 2015) Site Development Plan MANILA BAY M A N I L A M A K A T I MAKATI FOR TRAINING PURPOSES ONLY M A N D A L U Y O N G Internal Loop Road System Tower Lobbies FOR TRAINING PURPOSES ONLY Building Elevation 46th Floor Penthouse Floor 8th to 45th Floors TYPICAL RESIDENTIAL FLOORS (35 Floors) 7th Floor 6th Floor Residential Floor (Garden Units) Amenities 5th Floor Residential Parking 3rd Floor Residential Parking 2nd Floor BPO/Call Center, Parking Ground Floor SM Spermarket, Retail/Commercial Shops, Surface Parking Basement Basement Parking (Residential) FOR TRAINING PURPOSES ONLY Tower B: Typical Floor Plan MAKATI SKYLINE/AMENITIES M A K A T I S K Y L I N E AMENITIES FOR TRAINING PURPOSES ONLY Tower D: Typical Floor Plan MAKATI SKYLINE/AMENITIES M A K A T I S K Y L I N E FOR TRAINING PURPOSES ONLY BEL-AIR Tower C: Typical Floor Plan FOR TRAINING PURPOSES ONLY MANILA BAY Unit Layouts Shared Development Amenities MORE THAN 9,000 SQM. OF COMMERCIAL AREA • SM Supermarket • Call center • Restaurants and other retail and service shops 65% OF TOTAL LAND AREA ALLOCATED TO THE DEVELOPMENT OF SPRAWLING AMENITY PODIUM, INSPIRED BY A WORLD FAMOUS RESORT HOTEL • Lounge and Main lobby • Function rooms • Swimming Pools • Gym and fitness center • Children's playground • Jogging path • Landscaped gardens FOR TRAINING PURPOSES ONLY Hotel-Inspired Lobby Tower C Lobby (Artist’s Perspective) Shared Development Amenities Classic Amenities (Central Podium) Shared Development Amenities Classic Amenities (Central Podium) Retail Area Retail Area (Interior Arcade) Retail Area Retail Area (Exterior Arcade) Improvements in Jazz Vicinity Elevated Walkway (From Jazz Site crossing Buendia) Improvements in Jazz Vicinity setback M E T R O P O L I T A N N. GARCIA 3.5 meter setback for an additional vehicular lane along Jazz Perimeter – Nicanor Garcia and Metropolitan Avenue Improvements in Jazz Vicinity 3.5 meter setback construction progress – actual pictures Improvements in Jazz Vicinity Improvement of Sidewalk along Metropolitan, Nicanor, South Avenue and Kalayaan Avenue Perimeter Block Improvements in Jazz Vicinity Improvement of Sidewalk along Metropolitan, Nicanor, South Avenue and Kalayaan Avenue Perimeter Block – Proposed/Artist’s Rendition Improvements in Jazz Vicinity Improvement of Sidewalk along Metropolitan, Nicanor, South Avenue and Kalayaan Avenue Perimeter Block – Proposed/Artist’s Rendition TOP 5 REASONS WHY ONE SHOULD INVEST IN JAZZ RESIDENCES Reason # 1: LOCATION Makati: The Central Business District Wall Street of the Philippines • Near commercial, educational, and institutional establishments - SM Makati - Several of the country’s best schools (Colegio San Agustin, Don Bosco, Assumption College, Mapua, Colegio Sta. Rosa, etc.) - Graduate schools (AIM, De La Salle, Ateneo) - Ayala Museum and RCBC Theater - Makati Medical Center City with the highest daytime population in the National Capital Region • 3.7 Million daytime population Source: world bank, 2011 Reason # 1: LOCATION Set right in N. Garcia St., touted as the country’s fastbecoming popular arts & culture destination (supported by Grupo Reposo) - Alliance Francaise de Manille several authentic restaurants The Bel-Air Address Reason # 2: MY VERTICAL VILLAGE “Live, Work, Play at its finest....everything is an elevator ride away” • Commercial/Retail Establishments – SM Hypermart plus convenience services – Enviable mix of restaurants and shops • Office – BPO/Call Center at the 2nd Level • Residential – Amenities: 65% of total land area allocated to the development of amenities – Residential units: various unit type selection, very affordable package prices/schemes Reason # 3: TOP NOTCH AMENITIES 65% of Total Land Area allocated to the development of FIRSTCLASS AMENITIES! • • • • • Jazz Residences Amenities: Artist’s Rendition Swimming Pools Function Rooms Lounge Area Gym and Fitness Center Jogging Path Reason # 4: GOOD INVESTMENT Capital Appreciation Image via workcreator Selling Price/sqm upon Launch (2010) P77,000 Ave. Selling Price/sqm to Date Increase in Capital Value (P/sqm) P108,000 P31,000 Or 40% in + 2 years • Estimated SP/sqm in the area is 125k/sqm++ • Room for Capital Appreciation for 15% Reason # 4: GOOD INVESTMENT Return on Investment (ROI) Unit Type Estimated Monthly Rental Rate in Makati Cost of Condo Unit at Jazz Residences Estimated Annual Return Studio P18,000 – P20,000 P1.9M – P2.2M 10% - 11% 1-BR P25,000 – P30,000 P2.4M – P4.1M 8% - 15% NOTE: MAKATI STILL COMMANDS THE HIGHEST RENTAL RATE Reason # 5: THE SM BRAND TECHNICAL BRIEFING Project Consultants Project Architect: ASYA Design Project Manager: Project Management Consultants, Inc. General Contractor: Megawide Construction Corp. Interior Design: M Contemporary Interior Concept Structural: Sy^2 & Associates, Inc. Mechanical: Domingo Lagman & Co. Electrical: Mar A. Alix & Associates Sanitary & Fire Protection: N.G. Yumul & Associates Landscape: E.A. Aurelio Landscape Architects FOR TRAINING PURPOSES ONLY Other Matters: FAQ (1) • What is the floor to floor and floor to ceiling heights of residential units? – Floor to floor: 3.1 meters – Clear Headroom Height : 2.8 meters; areas with beam and T&B - 2.4 meters • How many elevators do we have? – Four (4) for each Towers A&C; Six (6) for Towers B and D FOR TRAINING PURPOSES ONLY Other Matters: FAQ (2) • What type of shops/retail will be at the groundfloor? – We will have a SM supermarket – Shops facing Reposo will be mostly dedicated to services/convenience shops to compement the offering of SM supermarket – Shops facing Metropolitan Avenue will be an enviable mix of cafes and restaurants with al fresco dining • What air-conditioning unit is allowed? – • Depending on the unit location, some units require to have a window type while others, can have split type. Refer to the floor plans. How can Jazz Residences provide safety measure for flooding? – The area is generally not prone to floor, but we elevated the property by 1 meter from the street level FOR TRAINING PURPOSES ONLY Other Matters: FAQ (3) • What are the distances between buildings 7.96M FOR TRAINING PURPOSES ONLY 6.35M 6.35M Other Matters: FAQ (4) What is the layout of the amenity floor? Function Hall Function Hall Gym Function Hall Tower D 6th Residential Floor Tower A 6th Residential Floor Tower B 6th Residential Floor • CLUBHOUSE Other Matters: FAQ (5) • How deep are the swimming pools? – Lap Pool & adult pool: 4 feet – Kiddie and wading: 2 feet • What will be ventillation on the typical residential floors? – – • What is the allowed aircon capacity? – • Common Area/Hallway: Natural Ventillation Residential Units: Mechanical Ventilation (AC units) 1.5 HP per unit What is back-up power? – – For Common Area: 100% back-up power For Residential Units: 1 convenience outlet + 1 ref outlet + 1 light FOR TRAINING PURPOSES ONLY Other Matters: FAQ (6) • Utility providers – – – – FOR TRAINING PURPOSES ONLY • Provisions for telco and catv – • Power: MECO Water: MWSS Telephone: Globe and PLDT CATV: Sky Cable, Cablelink studio 1 br 1 br big 2 br 2 br big Provision of outlet at t&b lavatory (for shaving or blower) Appliance specifications – – – – – Rangehood: re-circulating type Range: two(2) burner electric type Refrigerator: 2.7 cum Washing Machine: single tub Water heater: instantaneous for shower area only CATV 1 1 2 1 2 telco 1 2 2 3 3 Other Matters: FAQ (7) • Furnitures – – • Finishes – – – – – FOR TRAINING PURPOSES ONLY Tower A (Furnished) Tower B, C and D: Option to Furnish no longer offered – – – – Painted walls Tiles • 60x60 ceramic tiles at bedrooms, living / dining and kitchen • 30x30 ceramic tiles at t&b (at 1.8m all around) Plumbing fixtures: HCG brand Light: receptacle only Doors • MDF doors for main door and bedroom • PVC door for t&b Kitchen Cabinet: MDF laminate finish with granite counter-top Closet: not provided Locksets: Goodluck brand Powder-coated Aluminum Windows Other Matters: FAQ (8) • Quality FOR TRAINING PURPOSES ONLY – – – Use of pre-cast materials for interior and exterior walls Construction of mock-up unit Parallel work on structural and finishing works Other Matters: Facilities and Services • • • • • • • • • High-speed elevators 24-hour security CCTV System Back-up power system Semi-addressable Fire Alarm System Smoke Detectors and Sprinkler System Centralized mailroom system Concierge services (thru property management) Centralized garbage collection and disposal system (thru property management) FOR TRAINING PURPOSES ONLY CONSTRUCTION MILESTONES CONSTRUCTION MILESTONES Actual Site Picture as of January 31,2013 CONSTRUCTION MILESTONES Actual Pictures of Hallway Actual Pictures of Hallway (Tower A) CONSTRUCTION MILESTONES Actual Pictures of Units CONSTRUCTION MILESTONES Actual Pictures of Units (Tower A) CONSTRUCTION MILESTONES Actual Pictures of Units (Tower A) INVENTORY UPDATES INVENTORY UPDATES As of February 2013 – Residential Units Only Jazz Residences Inventory Level 100% 90% 80% 70% 60% 50% % Sold Tower Tower A Tower B Tower C Tower D 40% 30% 20% 10% 0% Tower A Tower B Sold Tower C Unsold *Please note that Jazz started selling Parking units starting November 2012. Tower D Units 98.21% 57.92% 91.64% 65.87% Area 97.97% 55.52% 90.33% 63.56% TLP 96.92% 52.72% 88.40% 59.22% INVENTORY UPDATES Php 4 BILLION Jazz Residences Sales Target (2013): Php 120 MILLION worth of IPS incentive to be given away Based on 3% IPS incentive