DMCI Homes and Marubeni Corporation’s upcoming joint venture in Pasig City is a promising investment opportunity for residents who are considering a modern yet serene home.
The 55-story development on the corner of C-5 and P.E. Antonio Street houses a spacious lawn, two pools, an entertainment room and a basketball court at its amenity level on the seventh floor. A third pool is located on the roof deck alongside a Sky Lounge.
The Valeron Tower is competitively priced, starting from P7.62 million. Exquisitely designed residential units will be available at the property, with spacious cuts ranging from studio, one, two, and three-bedroom units ranging from 32.5 square meters to 91 sq.m.
The 1,900 units will be ready for occupancy starting July 2029.
“It will cater to a more upscale segment,” Alfred Austria, president of DMCI Homes, said during the launch of The Valeron Tower’s showroom last week.
P15 billion will be allotted for this joint venture, he added. A memorandum of understanding was signed on 18 December in Tokyo, Japan. Present at the signing ceremony were President Ferdinand Marcos Jr., DMCI Holdings Inc. chairman Isidro A. Consunji and Marubeni executive officer, chief operating officer of Finance, Leasing and Real Estate Business Division Taro Kawabe.
With a rich 114-year history of doing business in the Philippines through Marubeni Philippines Corporation, Marubeni has actively participated in numerous infrastructure projects in the country, including various collaborations with the DMCI Group of Companies. This partnership has extended to various projects, including the LRT Line 2 East Extension Project, Maynilad Water Services, Inc. consortium and recent initiatives in reforestation and plantation development in Negros Occidental.
The Valeron Tower has an advantageous proximity, being less than 10 minutes from Bridgetowne commercial complex, Arcovia City, Parklinks and Eastwood City. Retail spaces, such as SM Center Pasig and Tiendesitas, are also aplenty within and around The Valeron Tower.
Families will also find multiple options on where they can send their kids to school, among these are the Reedley International School and Domuschola International School (both five minutes away), Pasig Catholic College (six minutes away), or St. Paul College-Pasig (seven minutes away). A wide range of college campuses are also close to The Valeron Tower like the Arellano University, Ateneo School of Medicine and the Pamantasan ng Lungsod ng Pasig.
Several hospitals like The Medical City, Pasig City General Hospital and the Family Health Care Hospital are within the three-kilometer radius of the development.
Traveling in and out of the property will be a breeze, with several commuting options available to residents.
The Valeron Tower is a few minutes away from the Rosario Station of the Metro Rail Transit Line 4 that connects Quezon City to Rizal and the Ortigas Station of the Metro Manila Subway, the country’s first subway line.
Thriving Ortigas Center
Ortigas is home to the headquarters of several conglomerates, banks, hotels and shopping malls. It has remained a business center of choice since its development in the 1960s.
Property prices in Ortigas have consistently risen over the decades, with valuations experiencing a compounded annual growth rate of eight percent.
Market data shows that condominium prices within the Ortigas Center have climbed from an average of P106,000 per square meter in 2013 to P229,000/sq.m. as of the end of 2023 for pre-selling units. This rate of increase is competitive with the 9.3 percent compounded annual growth rate observed in Fort Bonifacio, Taguig, and the 11 percent average annual rise in property prices within Makati City’s central business district.