by Ferry Bayu | Aug 9, 2023 | Business
Philippines’ DoubleDragon considers Nasdaq SPAC listing for hotel arm
Philippine real estate company DoubleDragon Corp said on Tuesday it is considering listing its Singapore-registered unit Hotel101 Global on the U.S. Nasdaq via a merger with a special purpose acquisition company, or SPAC.
DoubleDragon confirmed in response to a local media report that it was weighing the SPAC route as one option to accelerate the international expansion of hotel group Hotel101.
“We likewise clarify, that the amount of equity to be raised will still be finalised at a future date, although it is notable that generally, most SPACs invest about $200 million for mergers and acquisitions,” the company said in a stock exchange filing.
DoubleDragon said it targets for Hotel101 to reach a valuation of up to $17 billion in the near term based on the hotel operator’s internal financial projections, but gave no more details.
Hotel101 provides mid-class hotel accommodation for leisure and business travellers in the Philippines, according to its website. DoubleDragon said Hotel101 will expand to 25 countries including the United States and China by 2026.
SPACs are seen as a quick route to a stock market listing but the once frenzied SPAC market has cooled as it came under closer scrutiny from the U.S. Securities and Exchange Commission amid concerns over what some saw as less stringent due diligence practices.
DoubleDragon’s plan follows that of Vietnamese electric vehicle company VinFast, which plans to list in the United States this month via a merger with a SPAC called Black Spade Acquisition.
The new merged entity was estimated by VinFast and Black Spade to have a potential equity value of $23 billion.
“We also take note from recent news articles that Vietnam is expected to produce their first NASDAQ SPAC company this year with VinFast EV company, and it is the aspiration of DoubleDragon’s Hotel101 to become the first of the same from the Philippines,” DoubleDragon said.
by Ferry Bayu | Aug 9, 2023 | Business
Mitsubishi PH champions two causes in environment, education
by Ferry Bayu | Aug 9, 2023 | Events
The revered Wardrobe, renowned for its commitment to exquisite craftsmanship and eminent menswear tailoring, proudly announces the triumphant conclusion of its much-anticipated event, Style Talk with Jack Wang, The Shoe Maker’. The event, held on the 5th of August 2023 at Wardrobe’s Flagship Boutique in Bangsar, Kuala Lumpur, showcased the exceptional talent of shoe-artisan Jack Wang and offered attendees an immersive experience into the captivating world of bespoke men’s shoes.
Kuala Lumpur, 7th August 2023 – The revered Wardrobe, renowned for its commitment to exquisite craftsmanship and eminent menswear tailoring, proudly announces the triumphant conclusion of its much-anticipated event, Style Talk with Jack Wang, The Shoe Maker’. The event, held on the 5th of August 2023 at Wardrobe’s Flagship Boutique in Bangsar, Kuala Lumpur, showcased the exceptional talent of shoe-artisan Jack Wang and offered attendees an immersive experience into the captivating world of bespoke men’s shoes.
Fascinating Craftsmanship Unveiled
The event unveiled the fascinating journey of Jack Wang, the creative genius behind the eponymous brand. With a diverse background in shoe-making techniques drawn from countries like China, Indonesia, and Malaysia, Wang’s mastery of the intricate Goodyear welt sewing technique is a testament to his dedication and passion. Beyond his technical prowess, Jack Wang aspires to revolutionize the local footwear industry, setting new standards of craftsmanship both locally and internationally.
“Through the years and with many successes in customer orders, I believe that the shoes speak for themselves. And it is my mission now to extend the Jack Wang brand further to a greater audience,” according to Jack Wang.
Enriching Experience for Attendees
“Style Talk with Jack Wang” offered a memorable and interactive experience to gentlemen and connoisseurs of fine footwear. The event’s highlights included:
- Stories that Inspire: Jack Wang captivated the audience with enchanting narratives behind each of his creations, sharing the inspiration and fervor that breathe life into every pair of shoes.
- Craftsmanship Demonstrations: Attendees had the rare opportunity to witness and experience the meticulous craftsmanship behind each pair of shoes. Live demonstrations allowed them to try on a variety of styles, unveiling the precision and skill inherent in every masterpiece.
- Engaging Q&A Session: A dynamic Q&A session with Jack Wang and Lim Fang Heng, CEO of Wardrobe, provided attendees with an opportunity to gain valuable insights into the world of artisanal shoemaking and bespoke tailoring, further enriching their understanding of the craft.
Exclusive Offers for Discerning Connoisseurs
In a show of gratitude for the overwhelming support of the attendees, Wardrobe extended an exclusive opportunity for attendees to own a piece of the masterpiece. Those present had the chance to pre-ordered Jack Wang’s bespoke shoes with enticing offers, including limited-time discounts and personalized 1 to 1 fitting sessions. This special offer allowed attendees to carry a piece of
craftsmanship excellence with them, tailored to their individual style, preferences, and most importantly that fit with precision.
“The shoes complement beautifully with the suits and trousers that Wardrobe offers. At Wardrobe, we aim to bring greater value and experience for our customers, in not only looking good with our clothes but having a pair of really nice, designed shoes, fits extremely comfortable and made with a high level of craftsmanship,” said Lim Fang Heng, the CEO of Wardrobe when we asked about the collaboration.
Wardrobe's Commitment to Excellence
Wardrobe, a trailblazer in the made-to-measure and bespoke tailoring sector in Malaysia, has consistently delivered exceptional quality, unparalleled customer service, and exquisite craftsmanship.
This event, part of the “Style Talk” series, is a testament to Wardrobe’s dedication to showcasing the finest artisans and craftsmen to its discerning clientele and the masses.
The event “Style Talk with Jack Wang ‘The Shoe Maker’ witnessed an overwhelming turnout of attendees, encompassing a diverse range of individuals eager to experience the world of bespoke men’s shoes, celebrate the artistry of Jack Wang’s creations, and seize exclusive offers to own his bespoke shoes.
For those who missed the event, you are welcome to the upcoming Jack Wang ‘The Shoe Maker’ Trunk Show happening on the 12th of August 2023 offers yet another opportunity to explore these masterpieces at Wardrobe’s Flagship Boutique, opens from 10.30 am to 2.30 pm with RSVP via Whatsapp at +6017 394 3882.
Wardrobe stands as a pioneer in Malaysia’s made-to-measure and bespoke tailoring industry, renowned for its impeccable quality and exceptional craftsmanship. With a clientele that includes prominent figures from royalty, politics, entertainment, and beyond, Wardrobe continues to define contemporary bespoke and made-to-measure clothing. Each garment embodies precision, elegance, and a passion for the craft.
Facebook and Instagram: @wardrobe.privato
Website: www.wardrobe.com.my
Yugges Sundram
Marketing Manager
Wardrobe
+6017 593 2850
sy*****@**********om.my
by Ferry Bayu | Aug 9, 2023 | Business
Recircle Revolutionizes Recycling in Malaysia with Exciting Reward Program
Recircle, one of the most-used online recycling platforms in Malaysia, is taking recycling to the next level with its innovative approach to making recycling a rewarding experience. The company is thrilled to announce the expansion of its reward list, offering users a unique opportunity to be a part of the recycling revolution while reaping exciting benefits.
Recycling has never been this rewarding. With its newly enhanced reward list, Recircle is setting a new benchmark in the recycling industry by providing users with exclusive access to a wide range of offers, vouchers, and discounts from various partners. The company’s vision is to motivate more individuals to participate in recycling efforts while simultaneously enjoying tangible rewards.
The heart of the new program is the expanded reward list that offers users exclusive access to a range of offers, discounts, and vouchers from a variety of partners. The program’s inaugural partners include Apple services, a testament to Recircle’s commitment to offering premium benefits to its users right from the start.
By collaborating with local and national brands, Recircle aims to create a win-win situation. Users not only contribute to a cleaner environment but also gain access to exclusive offers and discounts. As Recircle expands its partner network, the platform is taking the opportunity to invite more brands to join the program, showcasing their concern and support for sustainability alongside Recircle.
Recircle’s approach is holistic, focusing not only on environmental consciousness but also on users’ overall well-being. In partnership with Swim Life Academy, the program offers free trial swimming lessons for Recircle users, promoting self-enrichment and health among Malaysians.
By encouraging recycling through rewarding incentives, the company hopes to inspire a greater number of people to actively participate in the recycling movement.
The expanded reward list was geared up starting in August 2023. This strategic move is poised to revolutionize the way Malaysians approach recycling, turning it into a habit that not only benefits the planet but also enhances their lives.
Established in 2018, we create an online recycling concept for the market. Our innovative mobile application aims to revolutionize the recycling industry in Malaysia by using technology to make recycling more accessible and convenient.
For more information, visit www.recircle.com.my
Google Play: https://bit.ly/2v0XB0S
App Store: https://apple.co/2EzrQvq
Lee Hillton
017-296 1012
le*****************@***il.com
by Ferry Bayu | Aug 9, 2023 | Business
#17YearsWithForest: A Legacy of Gender Balance and Inclusive Workforce
Forest Interactive, an industry trailblazer celebrating its 17th anniversary, is making bold strides in fostering an inclusive work culture and promoting diversity in the tech industry. With visionary leadership and unwavering commitment, Forest Interactive is driving change, connecting communities, and championing diversity, equity, and inclusion (DEI) at all levels.
Igniting a Vision of Inclusion
Since 2020, Forest Interactive has actively supported efforts to end harassment, starting with its pledge of support for the Anti-Sexual Harassment Act in the Malaysian Parliament two years later. Since then, Forest Interactive has taken steps to implement a zero-tolerance stance on sexual harassment, clearly outlining guidelines and complaint procedures.
#ItEndsNow Campaign: Last year, Forest Interactive launched an internal #ItEndsNow campaign, to gauge employees’ knowledge. Weekly email newsletters raising awareness of various types of workplace harassment, employees’ rights, grievance mechanisms, and resources for conflict resolution were also disseminated to educate and empower, as part of this campaign. Forest Interactive’s #ItEndsNow campaign is more than just a statement; it is a battle cry against harassment and discrimination in the workplace.
Anti-Harassment Policies: Forest Interactive’s robust anti-harassment policies embody its unwavering commitment to protect and uplift every individual within its workforce. The zero-tolerance policy ensures that harassment has no place within the organization, fostering a culture of respect and inclusion.
Whistleblowing Policy: The whistleblowing policy is an embodiment of transparency and accountability. By empowering employees to report misconduct, the company ensures that no injustice goes unnoticed. The policy is already in progress through the cooperation with Corporate PR and People Operations.
Uniting a Diverse Workforce through Exemplary Leadership
All-Female Morocco Team: Forest Interactive showcases an all-female team in Morocco. This bold move challenges stereotypes and empowers women, creating a workforce that thrives on diversity and breaks barriers.
Female Representation in Upper Management: With 80% of its upper management positions occupied by women, Forest Interactive demonstrates its dedication to empowering talented individuals, irrespective of gender.
Diverse Work Culture: There are more than 20 different nationalities within the company, bringing in their valued unique perspective. This visionary culture fuels creativity, innovation, and collaboration among employees.
Accolades on Gender Equality: Forest Interactive is awarded second runner-up for the Community Engagement & Partnerships category at UN Women 2021 Malaysia Women Empowerment Principles (WEPs) Awards in 2021. Additionally, the company was shortlisted as a finalist for the Gender-Inclusive Workplace category. The following year, the UN Women Malaysia Women Empowerment Principles (WEPs) Awards recognized Forest Interactive CEO Johary Mustapha, with Malaysia’s Leadership Commitment Award. Our CEO, Johary Mustapha was the only CEO representing Southeast Asia in the United Nation’s CEO Roundtable held in New York to report our gender equity efforts at the workplace.
Career Development: Forest Interactive commits to nurturing the talents and aspirations of its workforce. Through training programs like LinkedIn Learning, mentorship opportunities in skills like project management and software development, and leadership development initiatives, the company empowers employees to reach their full potential. We fully utilize our meaningful partnerships such as with LeadWomen, as they conducted an experiential learning journey for our talents, mostly HODs, and team leaders to foster a culture of gender inclusion within their own teams and the whole business ecosystem.
Networking Events Open to All Talents: Talents have access to networking opportunities such as MWC Barcelona and Telemedia, skill-building workshops, and support systems to foster the growth and success of both women and men within the organization.
Knowledge Sharing Sessions: Departments initiate specific knowledge sharing sessions like the Creatives’ mentor-mentee program and Corporate PR’s “Could Would Should,” where the company encourages continuous learning and professional growth.
A Visionary Network for Lasting Impact
Committed to Women’s Aid Organisation (WAO) WePledge: Forest Interactive’s commitment to the Women’s Aid Organisation (WAO) WePledge demonstrates its visionary engagement in addressing gender-based violence and promoting gender equality. By standing alongside WAO, the company strengthens its resolve to drive change beyond its own walls.
Corporate Community Engagement: By actively engaging with organizations such as LeadWomen’s first Corporate Community. By actively engaging with other organizations, the company fosters collaboration, shares best practices, and contributes to building a more inclusive business ecosystem.
United Nations Global Compact (UNGC) Membership: Forest Interactive exemplifies its commitment through its membership in the United Nations Global Compact. By aligning its operations with UNGC’s sustainability principles and have our women leaders speak on their events, the company demonstrates its commitment to responsible business practices and driving positive social and environmental impact.
UNGC Roundtable Conference for CEOs: Our CEO being nominated for the UNGC Roundtable Conference for CEOs amplifies Forest Interactive’s voice in shaping sustainable and inclusive business practices on a global stage.
Dialogue Includes All for the Visually Impaired: Forest Interactive extends to inclusivity for all, including the visually impaired. Through the “Dialogue Includes All” program, the company creates opportunities for equal participation and access, breaking barriers and fostering a more inclusive society.
Hosting Internal Events for Female Talents: Forest Interactive hosts internal events that empower and celebrate its female talents. These events provide a supportive platform for networking, sharing experiences, and nurturing professional growth.
Conducting Events that are Vehicles for Inclusivity: Forest Interactive’s visionary engagement is evident in the events it conducts, serving as vehicles for inclusivity. These events foster understanding, celebrate diversity, and create opportunities for dialogue and collaboration among stakeholders. One of our notable engagements are with Speak Up Malaysia who came to educate us on workplace harassment and discrimination, and to raise awareness on how to identify and respond to such behaviours.
As Forest Interactive celebrates its 17th anniversary, it ignites a vision of inclusion, connects communities through visionary leadership, and engages stakeholders for lasting impact. Through these 17 visionary initiatives, the company continues to inspire the tech industry and beyond, driving a future where diversity, equity, and inclusion are embraced by all.
Founded in 2006, Forest Interactive develops scalable mobile platforms to connect mobile operators with their subscribers. With over 17 years of industry experience, Forest Interactive has expanded to include a diverse workforce of 20+ nationalities in 14 regional offices.
Delivering content subscription services, service delivery platforms, digital vouchers, e-commerce platforms, and mobile apps for all ages, Forest Interactive operates in more than 25+ countries, servicing 90+ mobile operators and 100+ content partners with the capacity to reach over one billion subscribers worldwide.
Visit forest-interactive.com to learn more.
Arvee Gomez
Media Relations Executive
ar*********@****************ve.com
by Ferry Bayu | Aug 9, 2023 | Business
On July 26, ARCHIDEX, the largest and most influential exhibition for building and decoration materials in Malaysia and even Southeast Asia, was opened at the Kuala Lumpur Convention Centre. As a leading provider of construction and building materials system services in Southeast Asia, Oriental Yuhong Technologies (Malaysia) Sdn.Bhd. (“Malaysia Oriental Yuhong” for short) was invited to the business event to serve the Southeast Asian market and show its waterproof products and overall solutions to the world.
With the theme of “Sweet Home is No More Wet” Malaysia Oriental Yuhong primarily exhibited polyurethane waterproofing coating, polymer cement waterproof coating, thermoplastic polyolefin (TPO) waterproof membrane, Imerz999 high resistance waterproof coating, HCA Suke organosilicon waterproof coating, and other building materials, to “contribute to a better living with diverse products and services”.
Shan Dongning, General Manager of Malaysia Oriental Yuhong, introduced the exhibits with agents, and visitors spoke highly of Oriental Yuhong’s system services and products. The lucky draw set in the booth attracted many participants.
Malaysia Oriental Yuhong, leveraging localized management, keeps consolidating the foundation for sustainable development. Competitive products and the adaptation to the local market have allowed it to stand out from other brands. Malaysia Oriental Yuhong has made positive contributions to the Belt and Road Initiative projects, undertaking many large-scale construction projects in Malaysia. For instance, its thermoplastic polyolefin (TPO) waterproof membrane was approved to be included in the catalog of waterproof materials for mosque construction in Malaysia for the material’s outstanding performance in the maintenance and construction project of Sultan Salahuddin Abdul Aziz Shah Mosque in 2022.
Over the past 28 years, Oriental Yuhong has braved challenges and struggled through hardships. At first, it found acclimatizing to local conditions was difficult; after years of efforts, it has grown into “the Oriental Yuhong of the World”, participating in and witnessing the rise of buildings prestigious worldwide and establishing a good Chinese corporate image abroad. Oriental Yuhong will stay committed to its original aspiration and make greater contributions to the high-quality development of the world’s building materials market.
Oriental Yuhong, incorporated in 1995, has grown into an outstanding building material systems service provider in the past two decades by providing high-quality and complete system solutions for tens of thousands of important infrastructure construction projects, industrial buildings, civil buildings, and commercial buildings.
Oriental Yuhong
+86 4007791975
sa***@********om.cn
by Ferry Bayu | Aug 8, 2023 | Business
SM Prime profit climbs 38 percent in H1
MANILA, Philippines — SM Prime Holdings Inc. (SM Prime), the Sy-led property developer, reported a net income of P19.4 billion in the first half of the year, up 38 percent from the P14.1 billion recorded a year ago.
This is supported by the 29 percent growth in consolidated revenues to P59.9 billion from P46.3 billion.
In the second quarter alone, net income grew by 49 percent to P10 billion from P6.7 billion last year.
This is on the back of a 39 percent growth in consolidated revenues to P31.2 billion from P22.5 billion in the same period being reviewed.
SM Prime’s Philippine mall business revenues grew by 30 percent in the second quarter to P16.1 billion from P12.4 billion last year. For the first half, revenues reached P31.5 billion, an increase of 53 percent.
On the other hand, SM Prime’s China mall business reported RMB398 million in revenues in the first six months or an improvement of $55 million from the previous year.
SM Prime’s primary residential business, led by SM Development Corp. (SMDC), registered P9.9 billion in revenues in the second quarter, 82 percent higher than P5.4 billion recorded in the same quarter last year.
SMDC recorded P68.5 billion in reservation sales, up 15 percent from P59.4 billion, translating to a 17 percent growth in unit sales in the first half.
The improving market condition provided local and overseas Filipino buyers capacity to invest in SM Prime’s residential projects.
SM Prime’s other business segments, which include offices, hotels, and convention centers, recorded a 40 percent growth in revenue to P6.2 billion in the first half.
The Sy-led listed property developer said that it remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. яндекс
by Ferry Bayu | Aug 8, 2023 | Business
Potato Corner’s new snack Harvest Chips supports Benguet farmers
MANILA, Philippines – Potato Corner recently launched its new snack offering Harvest Chips in partnership with community development organization Gawad Kalinga (GK).
The potatoes used for Harvest Chips are sourced locally from Benguet farmers. These are then processed into chips by workers in Gawad Kalinga’s Enchanted Farm located in Angat, Bulacan.
Gawad Kalinga has been assisting local farmers through their BayanAnihan program by “providing harvest inputs and training, supporting their production, administrative and logistics process, and connecting them to committed buyers.”
Luis Oquiñena, chairman of Gawad Kalinga, said the partnership with Potato Corner can create “sustainable pathways for our poorest farmers through Harvest Chips.”
Potato Corner started as a small food cart in 1992 and soon became one of the largest kiosk-based chains in the Philippines. It was acquired by Shakey’s Pizza Asia Ventures Incorporated in 2022.
“We hope that, given its scale and the platform Gawad Kalinga has provided, we can boost the income of Filipino potato farmers and make a positive impact in their lives,” said Vicente Gregorio, president and chief executive officer of Shakey’s Pizza, in a disclosure on Monday, August 7.
A limited time offering, Harvest Chips is available in Metro Manila, Rizal, and select kiosks in Luzon and Cebu for only P99.
by Ferry Bayu | Aug 8, 2023 | Business
FWD Startup Studio Accelerator Opens Applications for Asia-based Startups
FWD Startup Studio, in collaboration with 1337 Ventures, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator, a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia, this is an opportunity you don’t want to miss!
Application for FWD Startup Studio Accelerator Programme is now open, with a focus on Asia-based startups that are venture-backed in insurtech or adjacent verticals.
FWD Startup Studio, in collaboration with 1337 Ventures, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator, a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia, this is an opportunity you don’t want to miss!
The FWD Startup Studio Accelerator aims to bring together the brightest minds in the industry, fostering innovative collaborations and potentially leading to proofs of concept (POC). Aspiring startups seeking to enrich their ventures through a strategic partnership with FWD Insurance in Malaysia are encouraged to apply.
“Startups bring new ideas to traditional businesses and industries, which aligns closely with our vision of changing the way people feel about insurance. Through our Startup Studio Accelerator as well as TIM Ventures, our venture capital fund, we are keen to identify outstanding startups, work together with them and help them grow, leveraging on our presence in 10 markets across Asia,” said Ryan Kim, Group Chief Digital & Marketing Officer, FWD Group.
The accelerator programme offers a plethora of benefits for participating startups:
Industry expertise: Gain unprecedented access to decision-makers within FWD Insurance and esteemed mentors who can provide invaluable guidance, open doors to collaborations, and facilitate partnerships.
Acceleration of growth: Fast-track the development of your collaboration to a real proof of concept (POC) before the accelerator programme concludes, giving your startup the momentum it needs to thrive.
Fundraising opportunities: Connect with prominent investors such as TIM Ventures and 1337 Ventures, expanding your network within the investor community. Exceptional collaboration ideas may even unlock the potential for Venture Capital funding.
Access to customers and markets: Successfully piloting your idea in Malaysia could spark interest from other FWD branches in different countries, opening doors to new markets and potential scaling opportunities.
Resource support: Empower your startup with over USD 20K worth of credits on digital infrastructure and cloud services, providing essential resources to fuel your growth.
Networking and community: Join a vibrant community of like-minded entrepreneurs and global insurtech and adjacent vertical leaders, fostering meaningful connections that could propel your startup to new heights.
Bikesh Lakhmichand, Founding Partner of 1337 Ventures, stated, “The FWD Startup Studio Accelerator presents an incredible opportunity for startups to engage with FWD Insurance to explore a proof of concept (POC) solution and access to decision-makers and mentors within FWD Group. We are eager to support and witness the growth of promising startups in the insurtech and fintech space.”
Venture-backed seed stage Asia-based startups who are in the insurtech or adjacent verticals are encouraged to apply and develop a proof of concept (POC) design with FWD Malaysia.
The startups who participated in the previous cohorts have walked away from the accelerator better equipped to be game changers within their respective industries. Past participants include; BlueDuck, Kapitani, Finory, Betterteem, Koha, Safyer, Cashku, eHibah, CoreHalal, Du-It, Marion, Protos Labs, uPledge, Warantee and more.
Join us in an upcoming webinar on 17 August 2023, to learn more about this accelerator, RSVP at https://bit.ly/eventfwdc5
Applications are open now, and the deadline for submissions is 28 August 2023. FWD Startup Studio Accelerator will begin on 5 September 2023. For more information and to apply, please visit https://fwdstartupstudio.com/accelerator.
Established in 2012, 1337 Ventures is Malaysia’s first accelerator programme and early-stage accelerator. Pioneering the Design Thinking Methodology and Design Sprints in Malaysia, 1337 Ventures has utilised its learning to accelerate the growth of over 2,500 startups from 6 different countries. 1337 Ventures has launched accelerators for MNCs and GLCs such as Bank Negara Malaysia, Khazanah Nasional, Telekom, Digi, MDEC, CIMB and Maybank, to name a few. More recently, 1337 Ventures is proud to be one of the three new recipients of the Equity Crowdfunding license from the Securities Commission.
To find out more about 1337 Ventures, please visit www.1337.ventures.
About FWD Startup Studio
FWD Startup Studio is a leading innovation and accelerator platform that empowers startups to realise their full potential and drive transformative change in the insurance, takaful and adjacent sectors. With a commitment to fostering innovation, FWD Startup Studio provides startups with access to industry expertise, resources, and collaboration opportunities to accelerate their growth.
Shannon Chow
Head of Marketing, 1337 Ventures
sh*****@**37.ventures
by Penny Angeles-Tan | Aug 4, 2023 | Business
The demand for residential spaces in major cities in Metro Manila continues to increase. This is because the real estate sector benefits from the continued reopening of the economy, including the return to office mandates and rising foreign investments.
Horizon Land, the smart-value brand of premier real estate developer Federal Land, Inc., is addressing the increasing demand for investment-worthy properties within Metro Manila with the launch of Quantum Residences, a three-tower property strategically located along Taft Avenue in Pasay City.
“Taft Avenue has seen a lot of development in the past decade and has been home to many students, young professionals, and growing families who are drawn by its proximity to top-notch schools, thriving business districts, and complete services and amenities that are essential for everyday life,” said John Frederick Cabato, General Manager of Horizon Land.
“It is precisely this harmony of completeness, convenience, and vibrance that inspired the vision for Quantum Residences, now on its’ third and final tower. With this strategically located three-tower condo, Horizon Land empowers residents to pursue their aspirations and live a balanced and meaningful life.”
Located near the intersection of Taft Avenue and Sen. Gil Puyat (Buendia) Avenue, Quantum Residences’ big draws are accessibility and convenience. It is nestled near some of the top-performing universities in Metro Manila, like De La Salle University, De La Salle – College of Saint Benilde, Arellano University, St. Scholastica’s College, and the University of the Philippines Manila, as well as premier business centers like Makati Central Business District and Manila Bay Area.
Another draw of Quantum Residences is its transit-oriented location. Commuting residents can enjoy the pleasure of getting to places conveniently as city buses and jeepneys regularly ply the area. LRT-1 and PNR stations are also a stone’s throw away while going to Ninoy Aquino International Airport, Paranaque Integrated Terminal Exchange, and Metro Manila Skyway would only take a short trip from the condominium.
Worthwhile Investment
Since its launch, Quantum Residences has been a popular choice among homebuyers and investors. Its first two towers, the Aqua and Amethyst Towers, have enjoyed brisk and consistent sales take-up as more buyers see high investment potential in modern and affordable developments located in prime areas.
Prospective homebuyers and investors can expect Quantum Residences to become a lucrative investment. Investors are provided with well-built units for rent, which can benefit from rising prices and improving rental yields because of its central location to Makati CBD, Bay Area business park, university belt, various dining options, and retail hubs. While homeowners can enjoy comfortable living spaces that nurture a balanced and dynamic lifestyle as they face the ‘next normal.’
Work-Life Balance Takes Center Stage
Quantum Residences offers studio units that are perfect for students, one-bedroom units ideal for young professionals, and two-bedroom units best for start-up families.
Each residential unit will be equipped with smart features like keycard door lock security, USB outlets, and fiber-optic internet connection provisions. Rest and relaxation come easy with a wide range of wellness and recreational amenities such as swimming pools, fitness gym, KTV room, sky lounge, game room, gazebo, multi-purpose court, pocket garden, plaza, and jogging paths.
Residents who work or study from home can find alternate spaces for remote work and study at the business center, conference room, study lounge, and hobby room.
There will also be two levels dedicated to commercial and retail units located on the towers’ ground floor and second floor.
Horizon Land Grand Open House
To learn more about Quantum Residences, join the Horizon Land Grand Open House on August 6, 2023, Sunday, from 11AM to 7PM at Le Pavillon, Metro Park, Pasay City.
Sneak a peek at Horizon Land’s dynamic and thriving residential communities across Metro Manila. On the day, guests can get as much as a 20% discount or up to P2.5M worth of furniture and appliances for select units.
Bring the whole family for a day filled with vibrant and fun activities such as a family portrait session, a DIY Filipino dessert bar, an arts and crafts booth, and a retro game area.
To RSVP, visit www.horizonland.ph or email in****@*********nd.ph.
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