Company Profile

The resurgence of the Philippines’ real estate industry has seen a number of companies staking their claim as being the best in various aspects of development, from themed communities, leisure properties and high-rise condominium projects. Among the new players however, few can be accounted for credibility, asserting profound promises for homebuyers who only desire a decent home within the corporate jungle of Metro Manila.

PTR Properties, Inc., a relatively new developer established in 2004, is driven to carve its own niche in the industry by fulfilling its vision of providing “quality and affordable modern living amidst a quiet and relaxed neighborhood.” Its first three projects – Grand 21 Place, The Fifth at Rafael Condominiums, and One Capitol Residential Condominium – share attractive advantages that set them apart from the rest: A strategic location within progressive Pasig City; contemporary architecture and updated building features; quality materials and sophisticated finishes; medium-rise, low-density living – all at prices that are within reach of the middle class professional.

Peter Y. Ty, president/ CEO of PTR Properties, Inc., said that the first three projects have set the direction that the company aims to pursue as it plans similar developments for the future. “We want PTR to establish a reputation as a credible developer of mid-rise condominiums all over Metro Manila,” Mr. Ty declared. “Middle-class Filipino families who are looking for an ideal condo home are currently presented with limited options, notably high-rise residences that are either too expensive or too cramped for decent living conditions. We are proud to say that we have found our niche in medium rise properties that will give our residents the ideal living conditions they deserve.”

All three projects of PTR Properties stand from seven to not more than 10 stories high, with each building housing 60-90 units. This allows utmost exclusivity and idyllic living conditions required from a condo residence. Fewer building dwellers means manageable visitor traffic, flexible usage of facilities, added security, comfort, and convenience for everyone.

“For instance, other big developers have about 25 to 35 levels in their buidlings with 300 to 500 units each. That requires hectic usage of facilities such as the lobby, corridors, amenities, and even the admin office, which significantly adds to a disorganized environment. Furthermore, a long waiting time in using the elevator results to frustrations, wasted precious time and reeling with the thought that one is still in the office working."

Charming appurtenances further enhance the feel of sophisticated living, via commercial establishments at the ground level and our signature gardens and a roofdeck lounge at The Fifth at Rafael.

Mr. Ty meanwhile ensured the value-for-money advantage of PTR Properties’ condo developments, being centrally located in the heart of Pasig City, specifically in Barangay Capitolyo. “Our residential condominiums are conveniently situated within minutes from the Ortigas Business District. This means you don’t have to waste time and effort if you live far from your workplace, and you save on gas as well. The convenience of location also offers residents unlimited perks for urban living, with numerous convenience stores, restaurants, the best schools, shopping and recreation centers, and just about anything.”

After the unprecedented success of Grand 21 Place which was turned over to residents in 2006, PTR Properties recently marked another milestone when it held turnover rites for The Fifth at Rafael. One Capitol, on the other hand, will soon break ground later this year, with units already enjoying brisk sales from excited buyers.

Mr. Ty also shared the company’s plans for the coming years: “We have more projects in the pipeline, including two properties one still in Pasig and another one in Quezon City which will stand at eight stories each, meaning the same low-density, medium-rise community. In the next few months, we will strive harder to maintain our strength in the mid-rise segment, continue to satisfy the needs of our market, and establish a reputation as the best in this field.”