araneta avenue skyway 3

araneta avenue skyway 3

araneta avenue warehouseAs the Skyway Stage 3, a Php 26.6B project, is on its way to finishing by 2018, here is a nice property worth looking into prior to completion of the Skyway project.

Lot Area: 1,300sqm

Asking: Php150,000/sqm

The property has a four storey structure where the front portion serves as a commercial and fully leased out on a month to month basis/ this means that if a buyer wants to buy the property, the tenants need just a 30 day notice to vacate. the back portion of the property has a small warehouse.

Best use of the property is for warehousing as one of the Skyway station exits will be near this place.

 

For property showing you may get in touch thru sms, whatsapp, or viber:

09178225798.

Thanks!

Glenn Nitafan

 

Call us for a FREE PROPERTY APPRAISAL to now how much your property is worth today !

 

Here is a reading on the Skyway Stage 3 as provided at the DPWH website.

http://www.dpwh.gov.ph/dpwh/PPP/projs/MMSS-3

METRO MANILA SKYWAY STAGE 3 (MMSS-3)
Project Description:
The MMSS–3 Project is an elevated expressway over its entire length from Buendia, Makati City to Balintawak, Quezon City with a distance of about 14.82 kms. and also includes improvement works in selected at–grade sections.
It is designed to pull in and ease traffic and access through eight (8) strategically located interchanges: these being at Buendia, Pres. Quirino Avenue, Plaza Dilao and Nagtahan, Aurora Boulevard, E. Rodriguez Avenue, Quezon Avenue, Sgt. Rivera and Balintawak with a total of fourteen (14) Toll Plazas. It will be the motorists choice corridor servicing Metro Manila intercity travelers.
Project Sections Length (kms.) No. of Lanes
1 Buendia to Plaza Dilao 3.76 6 (3 lanes, both direction)
2 Plaza Dilao to Aurora Blvd. 3.54 6 (3 lanes, both direction)
3 Aurora Blvd. to Quezon Ave. 2.71 6 (3 lanes, both direction)
4 Quezon Ave. to Bonifacio Ave. 4.81 6 – Quezon Ave to Sgt Rivera
4 – Sgt Rivera to Balintawak
Buendia to Bonifacio Ave. 14.82 kms.
General Features:

No. of Lanes : 6 lanes (2×3): Buendia to Del Monte Toll Plaza;
4 lanes (2×2): Del Monte Toll Plaza to Balintawak;
Double Deck Structure (2–1×3) from Nagtahan to
Aurora Blvd; and Del Monte to Sgt. Rivera.
No. of On/Off Ramp : 22
No. of Toll Plazas : 14
Design Speed : 80 kph / 60 kph (as per TOR)
Estimated
Construction Period : 36 months

Project Objectives:
To complete Metro Manila Skyway System from Alabang to Balintawak as part of the approved agreement by the Philippine Government and the Business Joint Venture Agreement (BJVA) between Citra Lamtoro Gung Persada (CLP) and the Philippine National Construction Company (PNCC).
To connect the South Luzon Expressway (SLEX) and North Luzon Expressway (NLEX).
To decongest traffic in Metro Manila especially C4 (EDSA), C5 (CP Garcia) and Central Metro Manila.

Project Benefits:
Monitoring Public Government
Decongest EDSA & other major roads (Quezon Ave., Araneta Ave., Nagtahan, Quirino Ave, etc) by as much as 55,000 vehicles DAILY based on initial projected patronage Additional road infrastructure at no cost to government;
Lesser Travel time, Buendia–Balintawak from usual 2 hours to 15 to 20 minutes Reduces economic losses due to traffic congestion which is estimated at P2.4 billion daily (based on JICA study).

Lesser Vehicle Operating Costs (VOC) (gasoline expenses, etc); more than offset the cost of toll fee.

Provides direct employment of around 6,000 jobs during construction plus additional of around 10-12 thousand indirect jobs

Less pollution Promotes economic development, business expansion and tourism in and outside Metro Manila.

Increased quality time for family, etc More revenues to the government in form of taxes (i.e.income tax, business tax, VAT, etc.)

Increased safety & security during travel

Project Concessionaire:

Implementing Agency: Toll Regulatory Board (TRB)

Project Cost:
Php 26.656 B

Project Status:
Overall progress for Sections 1 and 2 as of December 25, 2016 is calculated at 20.556% in relation to DMCI’s contract.
Overall progress for Sections 3 and 4 as of December 25, 2016 is calculated at 19.516% in relation to EEI’s contract.
Overall progress for all sections is calculated at 19.967% resulting to a negative slippage of 52.252%.
Project Alignment:

Project Timeline:
IMPLEMENTATION PERIOD:
January 2015 – January 2018

http://www.dpwh.gov.ph/dpwh/PPP/projs/MMSS-3

 

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For property showing you may get in touch thru sms, whatsapp, or viber:

09178225798.

Thanks!

Glenn Nitafan

Call us for a FREE PROPERTY APPRAISAL to now how much your property is worth today !