May 26, 2018, 5:50 pm
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1 Philippine Peso = 0.06987 UAE Dirham
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1 Philippine Peso = 0.01422 Falkland Islands Pound
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1 Philippine Peso = 0.08823 Ghanaian Cedi
1 Philippine Peso = 0.89024 Gambian Dalasi
1 Philippine Peso = 171.23835 Guinea Franc
1 Philippine Peso = 0.13955 Guatemala Quetzal
1 Philippine Peso = 3.93875 Guyana Dollar
1 Philippine Peso = 0.14924 Hong Kong Dollar
1 Philippine Peso = 0.45305 Honduras Lempira
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1 Philippine Peso = 1.23264 Haiti Gourde
1 Philippine Peso = 5.18261 Hungarian Forint
1 Philippine Peso = 268.49914 Indonesian Rupiah
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1 Philippine Peso = 1.28921 Indian Rupee
1 Philippine Peso = 22.52235 Iraqi Dinar
1 Philippine Peso = 800.64676 Iran Rial
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1 Philippine Peso = 20.46376 Korean Won
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1 Philippine Peso = 0.31929 Moldovan Leu
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1 Philippine Peso = 0.29618 Maldives Rufiyaa
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1 Philippine Peso = 1 Philippine Peso
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1 Philippine Peso = 108.10348 Paraguayan Guarani
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1 Philippine Peso = 0.01422 St Helena Pound
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1 Philippine Peso = 149.32471 Sierra Leone Leone
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1 Philippine Peso = 397.78391 Sao Tome Dobra
1 Philippine Peso = 0.16644 El Salvador Colon
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1 Philippine Peso = 0.08961 Turkish Lira
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1 Philippine Peso = 0.56886 Taiwan Dollar
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1 Philippine Peso = 151.83565 Uzbekistan Sum
1 Philippine Peso = 1494.25528 Venezuelan Bolivar
1 Philippine Peso = 433.30797 Vietnam Dong
1 Philippine Peso = 2.03595 Vanuatu Vatu
1 Philippine Peso = 0.04914 Samoa Tala
1 Philippine Peso = 10.63667 CFA Franc (BEAC)
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1 Philippine Peso = 10.63667 CFA Franc (BCEAO)
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Tycoons tie up for P53B estate

Ayala Land, Inc. (ALI) and Eton Properties Philippines Corp. are sinking an initial P53 billion to develop the 35-hectare Parklinks estate. 

The 50:50 company,  ALI-Eton Property Development Corp., envisions the project to be their “greenest urban estate,” which is ALI’s 25th estate and thethird for Eton.

Ma. Carmela Ignacio, ALI assistant vice president for strategic landbank management, said the amount covers the development of the project for the first 10 years.The whole property will be developed in two phases. 

The group said the property will be master planned to maximize access to parks and open spaces, which would be just a five-minute walk for residents, office workers and the public from the mall, office and living spaces through a well-designed and managed walkway system.

“With 50 percent of the 35 hectares devoted to open spaces, Parklinks will provide what is sorely missing along the busy C5 (Circumferential road 5) corridor – an abundance of open space,” said MeeanDy, ALI strategic landbank management group head.

The mixed-use development will be anchored by a 58,000-square metergross leasable area regional mall that will be situated along the estate’s C5 frontage. 

“The mall is set to perfectly balance nature with its retail, dining and entertainment offerings,” the group said. 

“On top of the mall is a 3,500 sqm sports complex that will house a basketball court, volleyball court, badminton courts, fitness gym and dance studio to support and inspire an active lifestyle,” it added. 

The residential and business hub in the area will also introduce “a new standard for waterfront living” with ALI’s flagship residential brands. 

“Set to introduce 5 residential towers, Ayala Land Premier is expected to be the first luxury residential development along the C5 corridor. Alveo will likewise introduce 5 residential towers during its initial phase,” the group said.   

Ayala Land Premier will put up a total of 1,700 units, while Alveo will deliver 3,700 units, in the next 10 years. 

The group also said the plan includes a three-hectare central park located at the heart of the business district. 

“The esplanade, river park terraces, running & bike trails and riparian gardens designed to accentuate the riverside are intended to highlight the natural topography of the land, and will encourage the community to engage and appreciate the river system surrounding the development,” it said.

“Another first, a 110-meter long and 25-meter wide iconic bridge is designed to link Quezon City and Pasig over the Marikina river. This will create a new route that will help ease vehicular traffic in the northeast and east of Metro Manila. The bridge will have dedicated lanes for bikers and pedestrians, allowing a safe and convenient commute within and around the development,” it added. 

Parklinks will be accessible via C5, Amang Rodriguez avenue and Ortigas avenue. Plans also include additional linkages to the estate’s neighboring communities like Circulo Verde and Metropoli. 

“Parklinks, an exemplary urban design expression, is a living testament to Eton LT Group and ALI’s shared vision and commitment in providing sustainable excellent communities in urban centers to its valuable customers.” said Jess Lucas, Eton chief operating officer.
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