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Robinsons Land Corp. (RLC) and Security Land, a Security Bank subsidiary, have entered into a partnership
to build Signa Designer Residences, a two-tower, high-rise, and upscale residential condominium in Makati City.
Located at the corner of Valero and Rufino streets in the Philippines’ premier financial district, the
project is RLC’s first Makati City development and Security Land’s first such foray in Metro Manila.
Previously,
both have partnered to construct a housing project in Davao City, an executive said.
Shown is an artist sketch depicting the interior of Signa
Designer Residences, an upscale condominium project in Makati City to be built by Robinsons Land Corp. and Security Land.
The project is Security Land’s first major development, Jose Ma. G. Montinola, Security Land general
manager, told reporters at the project’s launch held at Crowne Plaza in Ortigas, Pasig City.
Security Land owns
the 2,570-square-meter property in Makati City while RLC will undertake the project’s construction.
The smallest
single-bedroom unit, with an area of 33 square meters, will be sold at P3.5 million. A two-bedroom unit with an area of 70
square meters will be sold between P6 million and P7 million. Buyers who want to have an area of 100 square meters will have
to pay between P10 million and P12 million.
Turnover of the units is expected in 2015.
Various payment schemes and bank financing would be available for buyers.
Both parties may also be launching a commercial, office building project in a 3,000-square-meter property
owned by Security Land along Ayala Avenue in Makati City, officials said.
Designer Budjie Layug, furniture designer Kenneth Cobonpue,
and architect Royal Pineda have been commissioned to conceive the look of Signa Designer Residences, an upscale Makati City
condominium.
Moreover, RLC has tapped prominent Filipino architects and designers for the residential development, the
first time it handpicked an exclusively Filipino team for a project.
The team will be led by architect Royal Pineda,
furniture and space designer Antonio “Budji" Layug, and furniture designer Kenneth Cobonpue.
In partnership with
Layug, Pineda’s works go beyond Manila to span the region, including projects in Asia such as The Trees, Bangkok; Grand
Napalai, Phuket; The Copper, Kuala Lumpur.
Cobonpue won in 2005 Design for Asia Award of Hong Kong, Asia’s highest
award, for his Lolah chair.
Prior to this, he won 12 Mugna Awards and four Katha Awards for design excellence at the
annual Philippine International Furniture Exhibition, plus a Japan Good Design Award and the first prize at the Singapore
International Design Competition.
He studied industrial design at the Pratt Institute in New York, and furniture marketing
and production at the Export-Akademie Baden Württemberg in Germany, and apprenticed for a leather and wood workshop in Florence,
Italy.
Among Cobonpue’s clients include actor Brad Pitt and Warner Brothers.
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