Feb 24, 2024

The Philippine’s real estate sector is on the brink of a significant transformation as Federal Land NRE Global Inc., or FNG, is established to bring global standard developments to the country. This results from the dynamic and strategic partnership between two real estate industry giants: the Philippines’ Federal Land Inc. and Japan’s Nomura Real Estate Development Co., Ltd.

Federal Land, a key player in the Philippine real estate sector for over half a century, and globally acclaimed Nomura Real Estate team up to create a formidable entity positioned to redefine living standards in the country.

The Observatory in Mandaluyong City (artist’s perspective)

“The collaboration brings together Federal Land’s extensive local expertise with the design and sensibility of Nomura. Thus, FNG’s projects will only be of international standards, promising innovation, and commitment to quality,” said Yusuke Hirano, vice chairman of FNG.

FNG enters the scene with two landmark projects: one to rise in the burgeoning city of General Trias in Cavite, and the other positioned in Mandaluyong, a city located in the heart of Metro Manila. Both projects are set to transform the communities where they are located. Starting with these, the Philippine market can expect more groundbreaking projects that blend sophistication, sustainability, and superiority.

Yume at Riverpark: A peaceful and convenient community to live in Cavite
Yume, which means “dream or vision” in Japanese, offers a serene lifestyle while being conveniently located near urban amenities. It is situated within Riverpark, a visionary 600-hectare township development by Federal Land Communities that provides a range of residential options, commercial establishments, institutional facilities, and office spaces. This is Federal Land’s largest property development project to date.

“The location of Riverpark is fortuitous, as FNG makes its first mark in the Philippines via the dynamic province of Cavite. The City of General Trias is the most ideal location to jumpstart our growth in the country,” said Hirano.

General Trias is strategically chosen for its robust residential market with an annual population growth rate at 7.88 percent, the second highest in the province. It also has a strong industrial foothold, with the highest number of PEZA industrial parks in Cavite.

Yume at Riverpark Pocket Park (artist’s perspective)

These make General Trias a thriving city with a growing infrastructure, making it easily accessible and ensuring continuous growth. Riverpark is named as “The Next Gen City of the South.”

“Riverpark is a dynamic 600-hectare township which will be the catalyst of growth in this part of the country. Riverpark will lead in providing smart living and lifestyle-enhancing developments in a landscape that integrates both river and park side experience,” said Thomas Mirasol, Federal Land president.

As a “Next Gen City,” Riverpark is developed to set a new standard for how Filipinos live. This future-proof city is built around the trends and sentiments of a new generation of living. It epitomizes quality and is easily accessible, as it is just one hour away from major Metro Manila business districts, with direct access from the upcoming CALAX Interchange, CAVITEX, Skyway, and MCX.

The community is massive and mixed-use, promoting smart living with its lifestyle-enhancing developments. It is surrounded by malls, supermarkets, schools, universities, and a major industrial park, making it a convenient and practical place to live.

Nestled within Riverpark is Yume, which encompasses 18 hectares of expansive grounds and seamlessly integrates urban conveniences and suburban tranquility.

“As FNG’s inaugural project in Cavite, Yume aims to be a unique Japanese-inspired nurturing neighborhood that offers the perfect setting for families to start, to grow, and thrive,” said Hirano. “It’s a fusion of Filipino and Japanese expertise.”

Clubhouse of Yume at Riverpark (artist’s perspective)

Projected to be completed by May 2026, the horizontal residential development will offer 296 lots with lot sizes ranging from 300 to 527 sqm.

“To preserve the natural heritage of the site, FNG has made a conscious effort to retain some of the existing old trees. These will remain on-site, adding to the character of the development and providing a reminder of the land’s history,” he said.

Future residents can be assured of their safety and protection while roaming the area’s walkable streets. Add to that, there are a variety of refreshing amenities that can be enjoyed by residents including indoor amenities such as a clubhouse, lounge, function hall, multipurpose hall, and wellness spa. Outdoor amenities include a swimming pool, pocket parks, Japanese gardens, kids’ play area, jogging paths, multipurpose court, and open lawn.

The Observatory: Mandaluyong’s master-planned neighborhood with panoramic views
The Observatory in Mandaluyong, strategically located at the true center of Metro Manila, promises a refreshing modern retreat. With proximity to three major business districts, educational institutions, and medical facilities, The Observatory, which will rise within the Mandaluyong-Pioneer Central Business District Zone, stands out in convenience and comfort.

The 4.5-hectare site is strategically located and designed to ensure that any project built here will have astonishing views of the Pasig River and the skyline beyond. Tower allocation, massing and façade design give extensive views while protecting privacy, while the podium raised above neighboring houses allows unobstructed views of the river and city.

As for the design inspiration, The Observatory is inspired by the Philippine eagle. “Aside from being the National Bird of the Philippines, it is a symbol of elegance, a healthy environment, and strong social and family engagement. It symbolizes values that are dear to the Philippine people. Like the eagle, the building is engineered to capture breezes and provide residents with a superb vantage point from which they can enjoy the vibrancy of the city,” said Hirano. “After all, one of the major selling points of this project is the magnificent views.”

There will be a large retail area and 40 percent dedicated open areas with lush landscape. Apart from an all-weather retail space, the development will also feature several alfresco areas alongside the river which offer an unobstructed view of the BGC skyline and a unique shopping experience.

Retail area at The Observatory (artist’s perspective)

Part of The Observatory is the residential area, with each tower having a theme that is inspired by major Japanese cities. The first tower will be themed after the Shibuya district in Tokyo, Japan. Shibuya is famous not only for its crossing but also for its dynamic and vibrant culture. It is a hub for youth fashion and culture, with its streets being the birthplace of many of Japan’s fashion and entertainment trends.

Carefully curated amenities that cater to the lifestyle and needs of the young target market are available. These include a co-working/ business center, which features shared working spaces and work areas for collaboration and privacy. There will also be a yoga studio, fitness gym, entertainment and a function ooom to promote work life balance. Plus, there is an outdoor lounge which will seamlessly integrate indoor and outdoor spaces, aligned with the “nature-oriented” Japanese philosophy of the project and FNG.

An interesting feature in the amenities of The Observatory Tower 1 is found in the children’s indoor play room. With young parents in mind as future residents, the indoor play room is fitted out with an “Adult’s Lounge” – an area within the room dedicated to the adults where they can sit comfortably and socialize with each other without losing sight of their children. It’s a simple yet thoughtful addition to a staple condominium amenity.

Tower 1’s outdoor amenities include the swimming pool and pool deck, children’s pool, pet park, and more.

As for the unit features, Hirano stated, “We are not trying to just bring in Japanese features in our units; we are providing a better lifestyle, adapting to the new normal, with Japanese ingenuity that is part of our brand value.”

The first residential building offers a wide range of units from studio units that are approximately 28 to 33.5 sqm., one-bedroom units from 45.5 to 61.5 sqm., two-bedroom units that are 65-87 sqm. in size, to the more expansive 137 to 148 sqm. three-bedrooms nits.

Offering filipinos a renewed lifestyle experience
The real estate market in the Philippines will shine brighter as FNG introduces its latest developments, Yume in Cavite and The Observatory in Mandaluyong. These projects promise to revolutionize the way people live, work, study, and play. They are designed to transform the skyline, making these communities more robust and resilient for the future.

To learn more about FNG and its projects, visit www.fng.ph or follow their social media at https://www.facebook.com/FederalLandNREGlobalPH.