Backed by strong demand for residential spaces in the area, DMCI Homes’ Infina Towers project along Aurora Boulevard, Quezon City has already generated P8.615 billion in reservation sales and is now close to selling out the remaining inventory.
As of November 17 this year, the two-tower resort-inspired development is at 92 percent sold, with total inventory now down to the last 185 units.
“We're optimistic of selling out the remaining units soon because of the strategic location of the project and future growth prospects in the area," DMCI Homes Assistant Vice President for Project Development Dennis Yap said.
Property consultancy firms earlier said planned government infrastructure projects such as the Metro Manila Subway system are seen to raise the prices of land and properties within a kilometer from the subway’s stations.
Two of the proposed stations of the subway system—Anonas and Katipunan Avenue—are located minutes away from the two-tower resort-inspired project.
Property consultancy firm Colliers International in its 2019 third quarter report said it sees sustained residential demand from investors and local employees with Quezon City, the Bay Area and Ortigas Center dominating take-up across the country’s capital.
Suitable for first-time buyers, start-up families and investors, Infina Towers aims to offer easy access to transportation links, urban amenities and proximity to Quezon City's university belt area.
Infina Towers’ two buildings, 39-residential level North Tower and the 40-residential level South Tower, offer a mix of one-bedroom, two-bedroom and three-bedroom units ranging from 27.50 to 89 square meters in gross floor area. The units are reasonably priced at P3.601 million onwards.
The North and South Towers which are slated for turnover in September 2021 and September 2022 respectively, feature DMCI Homes’ Lumiventt® Design Technology that maximizes natural light and ventilation in the building including inside the units through several three-storey high Sky Patios.
Likewise, atrium gardens, breezeways, and single-loaded hallways which are also components of the DMCI Homes’ design innovation, create a wide open feel to the building interior.
Future residents can also expect a wide array of resort-inspired amenities to create a vacation atmosphere in the middle of the city. These include lounge areas, snack bar, game area, fitness gym, audio-visual room, sky lounge, function room, pool complex, gazebo, open lawn picnic area, play area, court roof garden, and basketball court.
Infina Towers is one of the developments of DMCI Homes, the country’s first Quadruple A real estate developer known for building quality resort-inspired communities in Mega Manila, Baguio City, Boracay and Davao City. Each of its properties is built with world-standard craftsmanship borne from D.M. Consunji Inc.'s over 60 years of expertise in the construction and development industry.
News have spread about a certain earthquake to hit the country anytime soon. Now you find yourself getting all paranoid about every detail of your condo building, asking people, turning to social media, or googling more terrifying news. But then again, is being paranoid necessary if you’re aware of how an earthquake really occurs?We have listed these frequently asked questions, about earthquakes and your DMCI Homes community, and answered them for you:
“Can earthquakes be measured before they happen?”
At this time and age, earthquakes and its impacts are still impossible to predict. Intensity and Magnitude can only be studied after an earthquake occurs. A predicted Magnitude or Intensity is considered an assumption based on studies and calculations of past earthquake occurrences. Just very recently, some hoax about an earthquake that’s said to hit the Philippines made an outcry in social media. Phivolcs has already given a statement regarding this saying, “There is no technology in the world that can reliably predict the occurrence of earthquakes.” They also noted that the high number of casualties in the recent Nepal quake was caused by poorly-built infrastructure.
“How does Magnitude differ from Intensity?”
Magnitude is an absolute measure of an earthquake’s strength. It measures the amount of energy released by the earthquake. Intensity, on the other hand, describes the degree of shaking caused by an earthquake at a given place, which decreases if the location is far from the epicenter. In this regard, an earthquake with the same Magnitude can have different degrees of Intensity in different locations for the same quake.
“Does living near a Fault Zone or Fault Line mean an earthquake will affect me more?”
It is a common misconception that locations near a fault line are the ones that will be severely damaged by an earthquake. A fault line is a fracture in the ground that occurs when the Earth’s tectonic plates move or shift. According to nationalgeographic.com, impacts of earthquakes along fault zones are usually gradual and unnoticeable on the surface. However, if immense stress is build up in between the plates, it can send massive vibrations (also called seismic waves) through the rock, up to the surface. Other quakes can occur far from fault zones depending on the plates’ movement. Types of soil also affects an earthquake’s impact as there are types that filter to decrease its strength, and other types that intensify it.
“Can my DMCI Homes community withstand possible earthquakes?”
All DMCI Homes communities are designed and studied by Structural Engineering Experts before, during, and after construction. Structural Engineers see to it that all our structures will be able to withstand stresses and pressures through environmental conditions like earthquakes, and human use. They ensure that these structures will not deflect, rotate, vibrate excessively or collapse when disasters happen, while measuring the ability of the building to remain stable and secure through time. These structural engineers design DMCI Homes structures in compliance with the parameters set by the National Structural Code of the Philippines (NSCP). All structures are also certified to conform to the code requirements of the Philippine Institute of Volcanology and Seismology (Phivolcs).
“How does DMCI Homes construct earthquake-resistant structures?”
Before acquiring land for development, a soil investigation will first be conducted. Results are then passed on to geotechnical experts, who will recommend the capacity of the soil to the structural designers. All residential developments of DMCI Homes are finally reviewed by third-party consultants abroad who work with the local engineers on record. All these form the basis of the structural design of the buildings in all DMCI Homes developments.
“Until what magnitude DMCI Homes structures are able to withstand?”
According to studies conducted by structural engineering firm MACRO Consulting Structural Co., all DMCI Homes structures are constructed to withstand the maximum recorded magnitude in the Philippines. All DMCI Homes projects that are near the West Valley fault are designed to withstand the maximum magnitude that the West Valley fault can produce.
“Are High Rise buildings more likely to collapse in an earthquake?”
High rise buildings are naturally designed to be ‘flexible’ once an earthquake occurs. This type of buildings sways gently at the movement of an earthquake, as a response to the frequency an earthquake unleashes. Nevertheless, all DMCI Homes structures, High Rise or Mid Rise, have passed all structural design codes and parameters to ensure its stability to withstand disasters like earthquakes.
Buildings and structures, may it be properly designed or not, can never be ‘earthquake-proof’, even professional Geotechnical Engineer Brian Tan confirms this. However, well-designed buildings that are able to withstand earthquakes are believed to be ‘earthquake resistant’. DMCI Homes, being a builder-developer that performs all structural, civil and architectural works of every project in-house, can assure you of this.
Having the drive to work hard and make the most out of our professional and personal lives can be fulfilling but we have to be on the lookout if we’re going on the verge of a burnout.
Some signs of burnout are disengaging from workmates, always feeling tired at work, and dreading to work with your colleagues.
Yes, there are still bills to pay and work to do. But, as yuppies living in the city, how do you inject relaxation in your schedule and refresh your mind to tackle your work tasks? Here are some ways to do it.
Build positive relationships with the people around you
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Do you always eat lunch alone at work? Don’t be afraid to reach out to your other officemates when they grab some grub during lunch breaks or coffee breaks. It allows you to know them better, beyond what you see during meetings and work catch-ups. Mingling with office peers also leads to better collaboration in the office.
You could also be a source of positive energy. Greet the lobby guard in your condominium building and stop for a while to chat. Attend condo or community events and help your neighbors when they need it.
Do charity work
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Charity work may look time-consuming at first but there have been studies that showed that people who do charity work have lower stress levels.
Give back and help the community by volunteering in your chosen advocacy groups. You may also visit iVolunteer.ph or the Volunteering Philippines Facebook group.
Reframe how you regard your job
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Low motivation or drive at work may be coming from a feeling of having no bigger purpose on why you’re doing your work tasks aside from getting a paycheck every month.
Ponder over the weekend and review your perspective about your employer and your job. Who are your customers? How do you make their lives easier? Do you like your current job or is it merely a step towards your dream career?
Reflecting on these questions will help you feel inspired on what you do and not think about the negative side of your job.
Get together with friends
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Apart from your workmates, you can reach out to your friends or family members to catch up and talk about the good old days and life in general. It can be calming to talk about memories and your other interests with close friends outside of work.
No need to go to expensive bars, movie theaters, and overrated restaurants. Have your catch-ups at the roof deck of your condominium building or have a Netflix marathon in your house. Don’t forget the soda and popcorn!
Engage in sports
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Getting active in sports is a great way to release tension from work and channel it to other productive activities. The key is to find a sport that you will enjoy playing and meeting other like-minded people who like the same sport.
Some communities have basketball and volleyball courts, so if you have one in your village that’s a convenient way to get started. You can also think outside the box and play badminton or ultimate frisbee in other open spaces in your community.
Have a healthy diet
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Eating healthy food will give you the energy that you need throughout the day. There are many online resources to help you choose the right kind of diet. You can also consult a nutritionist or friends for healthy and easy-to-prepare meals.
Cooking your own meals is also a big step towards a healthier lifestyle. When you cook your own food, you can control the portion and the calories that you consume. You may also opt to skip the fatty oil and excessive flavoring. Find the right tools and appliances for your condo kitchen so you’ll be able to cook your own meals with ease.
Hit the gym
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Condo living usually comes with free gym amenities to encourage residents to pursue an active lifestyle. Tenants can do weight training, have a cardio workout or join a yoga class. Not only will exercise give you a healthy body, you can also meet other people who can give you tips about various workouts and diets.
You may try the gym amenities at different times to avoid peak hours and check which schedule works best for you.
Take a break from technology
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Your constant need to connect could also be a factor on why you’re feeling burned out. This can be inevitable if you and your smartphone are inseparable. Some apps might be helpful but others are just plain distractions and can waste your time.
Spend weekends away from your gadgets to recharge and calm your mind. You may also turn off your notifications so you’ll not get distracted while working on your hobbies or chores in the house.
Just let your family, friends, and workmates know when you’re about to unplug so they won’t worry if you don’t answer their emails and texts.
Use up your vacation leaves
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Gone are the days when employees who always work overtime and do not use their leaves are glorified. You owe it to yourself to use all you leave benefits and take a break when you feel like you need to.
You can either travel or have a staycation and get some rest. The key is recharging in a location that will make you feel relaxed and refreshed.
Nourish your creative side
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Find a hobby and pursue a passion outside work. Writing, painting or handcrafting can help you avoid burnout. You will also get a rewarding feeling when you see the final product you worked hard on.
You can check many tutorials in Youtube and Pinterest for guides on how to get started with creative hobbies, or join workshops and training sessions.
Getting that fire back is a must, not just for your career, but your own emotional health. Take the time to breathe in motivation and revive the go-getter you’ve always had inside!
Bloomberry Resorts Corp. said Monday two units obtained a P40-billion loan to fund a casino project at Vertis North Complex in Quezon City.
Bloomberry said in a disclosure to the stock exchange Sureste Properties Inc. and Bloomberry Resorts and Hotels Inc. signed an omnibus loan and security agreement for a 10-year combined loan facility involving P40 billion with seven banks.
“The proceeds of the loan will be used by SPI and BRHI to partially finance the design, construction and development of an integrated hotel and gaming resort located at Vertis North Complex in Quezon City, Metro Manila,” Bloomberry said.
The lenders were Philippine National Bank, BDO Unibank Inc., Metropolitan Bank & Trust Company, Union Bank of the Philippines, Bank of Commerce, China Banking Corp. and Robinsons Bank Corp.
BDO Capital & Investment Corp. acted as the lead arranger and sole book runner for the transaction.
Bloomberry earlier said it would start constructing its second integrated resort and casino project by mid-2019.
The planned mixed-use development with hotel and casino will sit on a 1.5-hectare property within the 45-hectare Vertis North that Bloomberry acquired from the National Housing Authority in 2014.
Bloomberry’s Quezon City operation will cater to the growing mass market in the north.
Led by billionaire and port executive Enrique Razon Jr., Bloomberry operates the $1.2-billion Solaire Resort & Casino, the first integrated destination resort to open in Entertainment City.
The complex, which opened in 2012, includes a five-star hotel with a total of 800 guest rooms, suites and villas, as well as retail, dining and gaming areas.
Bloomberry also owns and operates Jeju Sun Hotel in South Korea.
The share price of Bloomberry went down 0.50 percent Monday to close at P12.
The idea of raising a family in a condominium used to raise eyebrows. Well, not anymore. More couples and small families are starting to see the wonders and benefits of growing a family in a condo environment.
From the location, living spaces, and amenities, condo living offers a lot of gains and advantages. Specifically, DMCI Homes condos are designed to be family-oriented, making sure that every family is safe, comfortable, and happy.
Still not convinced? Find out why a family condo is the way to go.
Condos, unlike most apartments or single homes, are typically situated at the heart of the city. This advantage allows residents easy access to major roads such as EDSA or C5, as well as public transportation systems. Schools and workplaces are also normally within a few kilometers of the condo, which means parents will have an easier time bringing their kids to school and going to work. On weekends, when you want to go to the mall, it is very likely that a shopping mall is just 15 or 20 minutes away.
But apart from the convenience, the real value of living in a premium location is that you don’t waste time and energy on traffic. You get home earlier and you don’t feel as tired. You have more time to spend with your kids and more energy to do fun activities with them.
Safety is priority
Condominiums understand parents. They want your kids to be able to go around the community safely. Through its 24/hour security and surveillance, condos also keep watch of your kids. Roving guards patrol the condo community round-the-clock, and there is a protocol about letting in guests and visitors. Buildings are also equipped with emergency measures should there be fire, earthquake or any similar incident.
Capital “C” for Convenience
Perhaps the main argument for condo living is convenience. Everything you’ll ever need is just outside your doorstep. You need laundry service? Someone will take care of it. You have a busted pipe? The property’s maintenance service will handle that. You have guests and no snacks to offer? There’s a convenience store or grocery nearby. You have a package being delivered but no one’s home? The lobby receptionists or guards will handle safekeeping.
Having a condo will help you focus on the more important things such as managing your household or helping kids with homework. Errands can take a back seat.
Live simply and comfortably
You are probably amazed at massive Hollywood homes. If you have a whole team of house cleaners, gardeners, and a maintenance people, then you can go on and live like a rock star. But a condo space will teach you the value and beauty of downsizing, of living simply but comfortably.
You are less likely to purchase things out of impulse, because you won’t have space for it anyway. Your family can thrive in a space that fosters communication and togetherness, and cultivates bonding because no member of the family is too far away. You could all be having dinner in the dining area, while watching the TV from the living room because open layouts are the default design for condo spaces.
That being said, comfort is not compromised by sheer square footage. Condos are intimate and cozy, and it is easier to make sure that they remain that way.
More fun for kids
What will your kids do in a condo? Tons. Most condo communities have a playground where kids can meet other kids and play around in a safe and controlled environment. There are even indoor playgrounds being offered in some condo properties. These amenities will help you raise sociable kids who are fun-loving, active, friendly, and compassionate.
There are also bike paths where you can teach your kids to ride their first bike. There are swimming pools where they can be around other kids, while learning how to swim.
If condo amenities are not enough, there are always nearby malls, establishments, and play centers where you can take your kids on weekends.
Are you regretting the gym membership you bought because you don’t have the time to go the gym? Drop that membership and try the indoor gym of your condo community. They are usually free and the best part is that they are just within your building so you can make no more excuses.
If you are into sports, there are also outdoor amenities such as basketball courts and play courts where you could do some shooting after work. In the morning, you can take in your dose of sunshine vitamin while running along your condo’s jogging path.
Achieving your fitness goals and making sure you are healthy affects your productivity, performance, and relationships. When you feel fit and healthy, you have more energy for family activities inside and outside your home.
Close to nature
Some people still have this wrong notion about living in a condo community: that living in a condo means living in a box. The truth is that while most single homes in the city do not even have space for a few potted plants, condo communities have a vast space of greens and landscapes. DMCI Homes communities are designed to maintain a 60:40 footprint-to-building ratio so that there will be more space for outdoor amenities, gardens, and open areas.
One of the reasons why condo living is family-friendly is because it encourages a holistic and well-rounded lifestyle. You may be living in the city, but that also means you are exposed to many cultural experiences such as museums, theaters, and other similar establishments. City kids are also exposed to a greater density and diversity of people; they grow up street smart, and there is a smaller chance of them growing up socially-awkward.
Belonging to a community
The sense of community is something that condo living can take pride in. Living in the same building means you share a lot of things, and therefore have a shared understanding for a lot of things. Condo tenants are at the very least, civil. Even if you just happen to see each other on the elevator or in the hallway, warm smiles and quick hellos are exchanged. People are generally polite and the environment is very friendly.
Reduced costs, more savings
Raising a family comes with a lot of expenses. But condo living trims down a lot of items in a family’s day-to-day living expenses. Its prime location, for example, means reduced costs for fuel and commutes. The amenities can mean less expenses for family activities such as swimming or play dates. You can also forget about that gym membership now. Maintenance costs are mostly covered in monthly homeowner’s dues. Many major costs are also shared such as security, lawn maintenance, repairs, etc.
Accessibility, convenience, amenities, and sense of community are just some of the reasons why raising a family in a condo is a great life choice. Don’t let yourself be misled with stereotypes. Condo living is being hailed as a top choice among modern families, and for good reason.
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