Ortigas Land has launched Olin at Jade Drive, its newest stand-alone mid-market residential offering at the heart of Ortigas Center.
The 52-story residential tower, strategically located in one of the country’s most dynamic central business districts (CBDs), houses 1,245 units in total, with 1,031 studio units and 214 1-bedroom units. Parking is also available as well as a retail area for quick access to essential services.
“Ortigas Land is well-known for its legacy of master-planned estates, continuously catering to the evolving needs of the property market. This newest development is very exciting for us as this launches our venture into the mid-market segment within the Ortigas CBD,“ said Ortigas Land Assistant Vice President and Residential Business Unit Head Jenna Belardo at a media briefing.
With the launch of Olin at Jade Drive, Ortigas Land aims to provide the market with a residential development that offers all the perks and benefits of living within a bustling business district, under the Ortigas Land brand, while maintaining affordability.
Geared towards young professionals in adjacent offices and students in nearby academic institutions, Olin at Jade Drive features modern amenities such as co-working spaces, a gym, a garden, lounges, pools, and a function hall to cater to the modern city dwellers’ needs. Ortigas Land maintains quality assurance for the design, construction, and maintenance of this property.
A prime location
Olin at Jade Drive is situated within Ortigas Center which has one of the lowest residential vacancy rates (6.8%) alongside other major CBDs, according to the Colliers Q4 2022 Property Market Briefing — making it a sought-after and in-demand location in Metro Manila. Colliers also mentioned Ortigas Center’s low office vacancy rate (15.2%), further elevating the property’s value as it bridges the growing demand for residential developments within the area for office workers and possibly their families.
“We see great potential in capital appreciation for the development with its accessibility to commercial developments, corporate offices, and educational institutions, as well as mass transportation and ongoing infrastructure projects like the Metro Manila Subway and MRT Line 4,” Belardo added.
Olin at Jade Drive will offer flexible payment terms for up to 72 months, suitable for those interested in finding a home or valuable real estate investment within Ortigas Center.
Launched in April 2023 for priority selling, Olin at Jade Drive closed the sale with 536 units, which is equivalent to 43% of the property’s total inventory. To date, Olin has sold more than half of the total inventory of Olin equating to 671 units, generating a total of P5.5B in value.
Olin at Jade Drive is expected to be turned over by 2029.
