GRASS RESIDENCES INVESTOR UPDATES

Grass-Residences-Investor-Update-Header

February 2010 Grass Investor Update




GRASS RESIDENCES MILESTONES as of January 2010

* Tower 1  - construction is almost reaching the top floor and is scheduled to top off within the  first quarter of 2010

* Tower 3 - excavation activity already started

* Nueva Viscaya Perimeter wall improvement (Nueva Viscaya Street is the alternative road going to / from Edsa)



GRASS RESIDENCES AVAILABILITY as of January 2010

Tower 1
* 98% sold out with only a few 2BR units and less than 10 1BR units left

Tower 3
* 80% sold out already since it was launched in July 2009



Some News on LRT1 Extension and Grand Central Station

News #1: LRT 1 North Extention To Start Operations Next Month
January 7, 2010

* Balintawak and Roosevelt stations of the LRT 1 North Extension Project will start operations in February.
* The project would also involve the construction of the P777-million Grand Central Terminal, which could connect the existing MRT Line 3, the proposed MRT 7 and the LRT Line 1.
* To read full news details click here (http://www.manilatimes.net/index.php/business-columns/9159-lrt-1-north-extension-to-start-operations-next-month)


News #2: 4 Major Infrastructure Projects Poised for Construction This Year - NEDA
January 6, 2010

* Once MRT 7 has achieved financial closing, construction can already commence. The MRT 7 is a combined 45-kilometer stretch of road and rail transportation project from the Bocaue, Bulacan, exit in the North Luzon Expressway (Nlex) to MRT 3 at North Ave. Edsa.
* To read full news details click here (http://www.businessmirror.com.ph/home/regions/20590-4-major-infrastructure-projects-poised-for-construction-this-yearneda.html)



Grass Tower 1 Construction
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Grass Tower 3 Excavation Activity
Grass_Tower3_Excavation2

Grass Tower 3 Excavation Activity
Grass_Tower3_Excavation

Nueva Viscaya Perimeter Wall Improvement
Nueva_Viscaya_Perimeter_Wall

MRT3 and LRT1 Extension Now Connected!
Foreground: SM North Edsa

MRT3_LRT1