KHI-Ali Manila Inc., a joint venture between Kingdom Hotel Investments and Ayala Land Inc., commenced the Phase II release of Raffles Residences Makati in Manila with a successful private VIP sales event recently. With a select number of residences released, the event resulted in subscribing nearly 50 percent of the released inventory offered. Sales of larger residences indicated that the market continues to shift to the needs of the end-user. Raffles Residences Makati showcases the Raffles brand, a premier location and signals resilient demand for luxury real estate in the Philippines.

“Support from the Philippine luxury real-estate market continues to illustrate that we are building the premium project in Makati City and can survive during these current market conditions. We are very proud to be part of the growing future of Manila,” said Steve Cartner, sales manager for Raffles Residences Makati.

The Raffles Residences Makati sales gallery in Greenbelt 3 will be open daily, from 11 a.m. to 8 p.m., and will offer the remaining limited number of Phase II residences.

Construction is well under way. The stunning new high rise is changing shape daily at the corner of Makati and Arnaiz avenues, (formerly Pasay Road) in the heart of the Makati Business District. Raffles Residences Makati consists of 236 Residences and is directly across from the Greenbelt Mall in the financial and lifestyle hub of Makati.

Privileged owners of the Raffles Residences Makati will have access to a private owners’ lounge in the building, as well as full access to all of the hotel’s amenities, including the Long Bar, an extensive spa and on-site signature restaurants. The development will provide a panoramic vista of Manila Bay and Laguna Bay, and a scenic view of the Makati skyline with the country’s tallest skyscrapers that house business, shopping, entertainment and recreation facilities.

To learn more, call + 63 2 887 3329, visit the sales gallery in Greenbelt 3 or at www.rafflesmakati.com.