Alveo Land Inc.
THE STILES Enterprise Plaza –West Tower
“Ayala's Hub for Energized Organizations in Makati's Lifestyle Playground”
Location: Hippodrmo St. cor Theater Drive, Circuit Makati
Type: Commercial Office Spaces
Building Momentum in the Philippines, Alveo Land pushes the envelope on work environments, revealing the First office condominium in Circuit Makati -The Stiles Enterprise Plaza.
Masterplanned to provide dynamic units for ownership, this landmark development is a driving force in spatial innovation, opening volumes of opportunities to mold and make the space your own. Matched with unparalleled access to the district's unique entertainment zones, the Stiles Enterprise Plaza restructures the way you do business in Makati's Lifestyle playground.
With vacancy rates at less than 2% in Makati the unavailability of space been driving rental prices up with a 14.2% increase year on year from Q4-2013 to Q4-2014!
Current Ayala Makati Office Space Rental Rates:
-6750: Php 950 per sqm per month
-Solaris One: Php 950
-Glorietta 1 & 2: Php 1,000
-Tower 1: Php 1,100–1,300
Estimated Lease Rates for 2019:
[Rental Escalation] [Lease Rate] [Return on Investment]
Low (3%) - 900 per sqm - 7.30%
Mid (5%) - 972 /sqm - 7.90%
High (7%) - 1,048 /sqm - 8.55%
*Prices exclusive of VAT and CUSA, as per common industry practice
*Lease rates are based on average escalation rates and seve as projections
THE STILES Enterprise Plaza
Land Area: 2,460 sqm
Gross Floor Area: 39,376 sqm
No. of Floors: 31 storeys, 28 physical floors
No. of Units: 283
No. of Parking: 385
Retail: GF and 10F
Glass ratio: 75% double glazed
Telecom: Globe, PLDT, +1 Fiber optic backbone
Aircon: Centralized chilled water cooling system
Power Supply: 100% back up power
Floor Layout: 28 physical floors
Office: 19 floors
Podium Parking: 8 floors
Lobby/Retail: Ground Floor
Elevator: 15 total
BUILDING Support Facilities:
-Drop off area with separate elevator lobbies
-Business Center on GF
-10 retail shops on the GF and 10F
-Landscaped deck on the 10F
UNIT Turnover Condition:
-Flooring: Bare and rough cement
-Ceiling: Bare and rough cement
*No unit partitions
*Provisions for one executive toilet
PRICE Ranges (VAT inclusive)
Mid: 79 – 101 sqm; Php 10.6 – 15M
Corner: 100 – 180 sqm; Php 14.4 – 27M
Floor: 1,381 – 1,499 sqm; Php 198 – 236M
*28th, 29th, 30th & 31st floors –for floor buyers only.
*26th & 27th floors –for half floor buyers only.
-Turnover: 3Q 2019
-Parking Price: P730K–1.25M
For Inquiries & Viewing:
Alveo Land Corp.
Cell number: +63928 3036427
Tel: (+632) 655 4746