Shang Residences at Wack Wack takes its cue from brand’s resorts

by The Philippine Star
September 29, 2018
With spectacular views of Wack Wack golf course and the Makati skyline, Shang Wack Wack was designed
to be a sanctuary in the city. 
They always say there are three things to consider when buying real estate: location, location, location. That may have been a hard and fast rule before, but today two other things have also proven important in choosing a condo home: brand and design. 

Shang Properties Inc. (SPI) — the developer of high-end residential condominiums such as Horizons Homes at Shangri-La at the Fort, St. Francis Shangri-La Place, One Shangri-La Place, Shang Salcedo Place and The Rise Makati — has put together all three elements in its new development, Shang Residences at Wack Wack, which was launched just three weeks ago.

The 50-story Shang Wack Wack’s location is just off Shaw Boulevard and inside the Wack Wack enclave. This landmark district is an important hub for business and lifestyle, with prestigious schools and universities, world-class medical facilities, and top shopping and entertainment centers within the area. It also allows for easy travel to and from key cities, including San Juan, Pasig, Mandaluyong, and Makati. Major thoroughfares are also easily accessible, so even Quezon City and Manila are a quick drive away.

Shang Properties marketing director Milen G. Treichler says, “The location in itself is pretty unique. The fact that it is right across a golf course — in the middle of the hustle and bustle of the city — is very special and the views are priceless.”

She adds that this pretty much dictated the design of the building. The wider façade faces the golf course while the other side has views of the Makati skyline.

“We designed it, like a resort getaway because we realized that people today are into wellness and healthy living. The patch of green makes it a nice urban retreat.”
Because the inspiration is resort living, all units have balconies and with panoramic windows to take advantage of the views. Slatted wood and earth tones are used throughout the interiors and public spaces, giving the building a breezy feel.

There are pools for adults and children, cabanas, a running path, a fitness center and function rooms on the second level.
Unlike SPI’s other developments which have commercial spaces on the ground floor or are attached to Shangri-La Plaza Mall, the new property is purely residential. “We intentionally didn’t put a commercial section at all because we wanted it exclusively for the residents. Besides, just outside the property are malls and supermarkets.”

“We’re very strict about the security of our residents and our buildings, so we don’t allow owners to include their units on Airbnb, but of course they can lease it out long term, which is a better option for those who buy as an investment,” she says. “Our property management will help investors sell or rent their units out.” 
Like all SPI residential condominiums, the luxury is also found in the spaces themselves — units start at 80 sqm. for one bedroom and 200-plus sqm. for three bedrooms; prices from P18 million to P53 million and up.
“Shang Residences Wack Wack buyers would have the same profile of our typical buyers, who are young married couples, older professionals and empty nesters. Wack Wack Village is a classic example of a subdivision with big family homes. I would think that a lot of residents are now empty nesters who want to downscale but not move too far away.” 

NEWS AND UPDATES

The Rise Makati: Construction Update : Latest as of February 2017

Shang Salcedo Place: Construction Update : Latest as of August 2017

Shang Properties, Inc. celebrates milestone at the Philippine Stock Exchange

by Manila Bulletin
May 19, 2015
13 June 2016 – Shang Properties’ Executive Committee members KC Koay, Lala Fojas, Kinsun Ng and Bobong Noel formally rang the trading floor opening bell at the Philippine Stock Exchange in Makati last June 13 to celebrate the Groups’ 25th listing anniversary. The event, hosted by the PSE with ceremonies led by Chairman Jose Pardo and President and CEO Hans Sicat, was also attended by SPI senior managers Miguel Feuermann, Pam Perez, Rose Santos, Milen Treichler and Susan Yu. 

Shang Properties reports 36% growth in 2014

Shang Properties reported an increase of P724.1 million in net income in 2014, from P2.01 billion in 2013 to P2.74 billion, reflecting a strong investors’ confidence in the domestic real estate market amid a booming economy.

The group posted its highest growth in 28 years – 36 percent – last year coming from condominium sales and rental income from retail and office subsidiaries.

Kinsun Ng, vice-president, group financial controller, and director of Shang Properties, said that sustaining the group’s venture interest in the country is The Rise Makati, its new residential and commercial development in the North Makati District. Launched in May of 2014, The Rise Makati has been one of the primary growth drivers for the group.

Located at the heart of North Makati or NOMA, the city’s burgeoning art and creative district, The Rise Makati is a 10,000 square meter lot along Malugay street, which is just eight minutes away from the Makati Central Business District. Just recently, the development has opened up sales for its East Wing, which offers units with scenic views of the Manila Bay. Launched last March 2015, the East Wing is the last of the three wings until the project is completed in late 2018.

Read more at http://www.mb.com.ph/shang-properties-reports-36-growth-in-2014/#dOd3tkKsxlQHwWVr.99

Shang Properties to open third dev't in Makati City

by Camille Anne M. Arcilla l Philippine Daily Inquirer
February 7, 2015
Luxurious but convenient is how Shang Properties, one of the country’s leading developers, describes its third development to rise in the heart of the bustling Makati central business district.

Located at the corner of Gil Puyat Avenue (Buendia) and Tordesillas and HV dela Costa streets, Shang Salcedo Place is situated within a vibrant community near a wide selection of lifestyle choices—from high-end restaurants and watering holes, museums and galleries, parks and specialty stores—that would cater to every whim and want.

Shang Properties sales director Susan Yu said: “We made sure that the development would be an extension of the lively Salcedo Village. We wanted to create the perfect marriage of work and play, and we felt that Salcedo Village was the perfect venue.”

Read more: http://business.inquirer.net/186279/shang-properties-to-open-third-devt-in-makati-city#ixzz3REk9l9mc 

Shang Properties wins Best Developer Award

by Aleli Delima
October 16, 2013
Shang Properties Realty Corporation won the plum prize at the recently concluded 2013 Philippines Property Awards. Holding its inaugural run in the country, the recognition program is part of the South East Asia Property Awards, which celebrates the best of the best in the region’s luxury residential property sector.

Shang Properties took home the biggest honor of the evening, clinching Best Developer.

‘It is a great honor for us to win this award, and an affirmation of Shang Properties’ continued commitment to deliver the Shang standard,’ said Marketing Manager Milen Treichler, who received the award with Sales Director Susan Yu.

A total of 17 awards were given out under four categories: Developer; Development, which includes awards for condos in Metro Manila and Cebu, as well as housing and resort developments nationwide; Design, which reflects the best in residential, commercial, hotel and interior design; and Real Estate Services for consultancies and agencies.

http://www.mb.com.ph/shang-properties-wins-best-developer-award/
Best Developer - Philippines Property Awards 2013
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