Philippine Army Museum
MacArthur Ave. cor. Memorial Rd.
Fort Bonifacio, Taguig
Open daily except Wednesdays
Property developer Megaworld Corp. has partnered with two Korean companies to promote its 50-hectare McKinley Hill township project in Fort Bonifacio. In a statement, the company said it had signed a deal with MSH, Inc. and Philseoul, Inc. to attract more Korean investors to McKinley Hill - TAGUIG
In an interview, Megaworld Senior Sales Manager Rachelle Peñaflorida said the contract with the Korean companies is long term. The parties will come up with at least two projects a year.
Philseoul, Inc. Manager Simon Boyek said the country’s strong growth had attracted them to the Philippines, adding that there are many Koreans here. "There are [many] Koreans who want to come [here] and [the Venice Luxury Residences], which is located near the Korean Embassy," he said. Mr. Boyek said they expect to generate P6 billion from the Koreans who will be buying condominium units.
Early this week, Megaworld said it was setting up its fifth high-end residential condominium worth P12.5 billion in Fort Bonifacio, Taguig City to be named The Venice Luxury Residences. Other Megaworld residential condominium projects in McKinley Hill include the three towers of Stamford Executive Residences and Morgan Executive Suites. The company said Venice’s seven towers would blend with the McKinley Hill Town Center’s Venetian Mall, which is due for opening in late 2009.
The company earlier said it expected its net profit to hit P3.8 billion this year, almost four times higher than in 2007. Megaworld is building a P3.8-billion hotel in Taguig City to take advantage of a surge in tourist arrivals with the opening of Terminal 3 of the Ninoy Aquino International Airport. — Kristine Jane R. Liu
PROPERTY DEVELOPER Megaworld Corp. is setting up its fifth high-end residential condominium worth P12.5 billion in Fort Bonifacio, Taguig City.
The Venice Luxury Residences will be built on a 2.1-hectare site within the 50-hectare McKinley Hill, Megaworld’s largest new international-caliber township project to date.
The Venice-inspired project will have seven towers — Allesandro, Bellini, Caruso, Domenico, Emanuele, Fiorenzo and Giovanni, the company said in a statement yesterday.
Megaworld also said that it has hired Italian architectural firm Paolo Marioni Architetto of Rome to make sure the project remains true to its origins and inspiration.
Average unit prices for the 31-storey towers will range from P3.6 million for a 40.3-square meter studio to P11 million for a three-bedroom unit measuring 119.5 square meters. More than 20 different amenities are planned in the luxury enclave, which includes a swimming pool and several gardens. It will house a fitness station, badminton and tennis courts. It will also feature a sauna and spa.
The company said construction of the project would start next year for the first of seven towers. The entire project is expected to be completed within five to seven years. Venice Luxury Residences is an addition to the company’s soon-to-be-completed first and second phases of McKinley Hill Garden Villas, and McKinley Hill Tuscany Private Estate.
Other Megaworld residential condominium projects in McKinley Hill include the three towers of Stamford Executive Residences and Morgan Executive Suites. The company said Venice’s seven towers would blend with the McKinley Hill Town Center’s Venetian Mall, which is due for opening late next year.
The company earlier said it expected its net profit to hit P3.8 billion this year, almost four times higher than in 2007. Megaworld is building a P3.8-billion hotel in Taguig City to take advantage of a surge in tourist arrivals with the opening of Terminal 3 of the Ninoy Aquino International Airport. — Kristine Jane R. Liu
Taguig nutrition program
wins award
By Julie M. Aurelio
– For having the best managed nutrition program for its residents, Taguig City won the Green Banner Award from the Department of Health’s National Nutrition Council, an agency that annually recognizes groups in the field of nutrition. The award is handed to a province, city or municipality that has achieved exemplary performance in managing its nutrition action plans within a specific province or region. Taguig City was the lone recipient of the award in Metro Manila. “They won the award because of the strong political will and personal conviction of its mayor and the City Nutrition Council members to improve the nutritional status of its populace,” said Beth Florendo, chair of the regional evaluation team which picked the winners. Florendo cited the sustainability of the city’s nutrition and nutrition-related programs and its continued feeding programs, and the nutrition office’s prioritization of iron supplements for children. Taguig Mayor Freddie Tinga, meanwhile, expressed his appreciation for the honor given to the city, saying it was “the type of achievement that we are truly proud of.” “This gives us not only an indication that our local government systems are working effectively, but that our constituents are benefiting from our programs,” he said. The city’s nutrition action officer, Kaye Tinga, said their nutrition plan is anchored on seven key points: Home, school and community food production; nutrition information, communication and education; food fortification; micronutrient fortification; food assistance; livelihood assistance, and nutrition in essential maternal and child health services.

REMEMBERING HEROES. Old soldiers also don’t fade away. A
Filipino
World War II veteran proved it on Monday, National Heroes Day, by
visiting the Libingan ng mga Bayani at Fort Bonifacio in Taguig City.
Private school opens doors to poor Taguig kids
By Julie M. Aurelio
Poor Taguig Children who want to have a taste of private school education can now attend a school that accepts underprivileged but smart pupils. The Mano Amiga Academy Inc., a school run by the Catholic institution Altius Foundation, will open its doors this month to 60 poor students living in the city. The school will temporarily hold classes at the Habitat for Humanity housing area in the FTI Complex in Barangay Western Bicutan for the kindergarten level. Institutional development manager Lynn Pinugu said the school would open with two sections for kindergarten pupils. The school is planning to expand its operations by one grade level each year. “We chose to work in Taguig as the city government is committed to improving basic education to help Filipinos break out from the vicious cycle of poverty,” Pinugu said. Mayor Freddie Tinga has allowed the Mano Amiga Academy to use a 5,000-sq m lot in the FTI Complex through a lease. In a memorandum of agreement, the leased lot will be used to build a Catholic school for pre-school, elementary and high school students. Pinugu explained that once fully operational, the school would only accept kids of poor residents who own a Citycard, an identification card recently issued by the city government. The students will be also selected based on Mano Amiga Academy’s criteria and standards. Tinga, meanwhile, thanked the school for complementing the city government’s efforts to provide equal opportunities for both Rich Taguig Children and Poor Taguig Children.