MC Mall Inc., a company owned by George Yang who owns the Philippine franchise of McDonald’s, will develop a commercial complex in a 4.5-hectare property in the Ortigas financial district for P1 billion.
The project, dubbed Silver City, will be a tri-mall niche-retail commercial development concept with auto, fusion-tech and wellness malls.
Read more of “McDonald owner plans Ortigas Tri-Mall” »
A survey of a global property adviser DTZ found that office space located in the Ortigas Center business district is the least expensive in the world. The survey puts Ortigas at about US$710 per workstation per year while the most expensive which is London’s West End stands at US$18,740 per workstation per year. Read more about it.
Saint Francis Square, an air-conditioned mall, open its doors to shoppers last October 21. 150 jewelry (pearl, gold, silver and fashion accessories) stallholders and 320 RTW merchants, mostly from Greenhills, have leased all spaces in their respective sections in the new 2,000-stall flea market.
