Iloilo Bike Festival Photo Contest is calling for Participants

The “Biking Fever” is on as this year’s 5^th Iloilo Bike Festival prepares to inspire more Ilonggos and visitors to appreciate the rising wellness destinations in Iloilo City including the 72-hectare Iloilo Business Park known for its own Bike Lanes. Set on May 1- 6, 2018, Iloilo Bike Festival will be showcasing different activities and events that promotes biking as a healthy lifestyle and leisure hobby.
One of the highly-anticipated competitions at Iloilo Bike Festival is the Photo Contest with the theme: “Iloilo, your BIKEcation Destination.” The competition is organized by the Iloilo City Government, Megaworld – Iloilo Business Park, Emperador Red, McDonald’s, Photo Artists League of Iloilo (PALI) and other stakeholders that envisions to gather the best and promising talent of Ilonggos in the field of photography.

For those who are excited to join and submit their works, you may send your photo entry with a bike rider/s from March 2017 to April 30. 2018. The photos should show rider/s engaging in sports and fun ride activities in different biking locations especially in Iloilo Business Park. You can also showcase biking photos engaging in income generating modes, bike to school or work routine, travel or leisure, bicycle riding exhibitions and promotion of arts, either in motion or just hanging out.

Prizes at stake for the Iloilo Bike Festival Photo Contest are the following:

First Prize – P7,000.00 with gift certificate and certificate of participation
Second Prize – P5,000.00 with gift certificate and certificate of participation
Third Prize – P3,000.00 with gift certificate and certificate of participation
Deadline of entries will be on May 2, 2018, 5PM.

Submission of entries will be at the following venues:
Iloilo City Tourism Office, 3^rd Floor Iloilo City Hall c/o Ms. Rembelle Hormillosa on weekdays only.
PALI Extension Office c/o Erna Foerster with landline number (033) 396 – 7966 or mobile number 0920 - 9013227

Bike Lanes Benefits You Should Know

Known to advocate a clean and serene community with modern futuristic township perspective, the 72-hectare Iloilo Business Park in Mandurriao District is rising up as more than just a destination for business and leisure activities, but a home and a place to experience unison and harmony, where it proudly promotes wellness. One of the township’s unique features that encompass its developmental and infrastructure phases is its promotion for healthy lifestyle through the existence of Bike Lanes in the community. Along the Megaworld Boulevard, the community’s main thoroughfare, part of the 8-lane road is the Bike Lanes intended for commuters and visitors to enjoy biking activities, as well as other physical routine like jogging, walking with pets and more. Here, you get to enjoy the refreshing scenery of the township while doing your healthy morning or afternoon physical exercise.
But what makes the Bike Lanes in Iloilo Business Park truly beneficial? Here are seven ways bike lanes make the community safer for all travelers, along with a few suggestions for how bicyclists can convince people in the community that it’s the best way possible to enjoy life, stay safe and ecologically helpful.

 

Safety increases when everyone knows their place.
The existence of Bike Lanes in the community gives the right space for bicyclists and commuters to know their place, where they can be safe from passing vehicles along the road. What car owners and public transport vehicles overlook is that bike lanes clarify where everyone should be and improve traffic flow. They’re like a demilitarized zone in the way they separate the factions: cars, bikes, and pedestrians. Bike Lanes provide ample space for commuters and bicyclists to walk freely.
Bike lanes reduce automobile congestion. 
Next time you’re stuck in traffic, try to imagine what would happen if half the motorists were cyclists. For every commuter who switches from driving to biking, that’s one less car on the road. More full-time bicyclists also would reduce the competition for parking spaces. Bike lanes are a traffic-calming tool.
Bike lanes similarly narrow the road and force motorists to ease up on the gas. Bike lanes are a crucial piece of the vision zero strategy for drastically reducing traffic deaths.
Bicycles are better for the environment.
Bicycling, like walking, produces no significant carbon emissions. If we want less polluted air in the township, we need to make it easier and safer to commute by bike. Bike lanes are among the cleanest ways to travel.
Bicycling is good for your health.
Biking burn calories in your body that leads to your healthy well-being. Not only is that competitive with a cardio workout at the gym, it provides an antidote to a long day of sitting in the office. Because some people feel uncomfortable biking in traffic, bike lanes make it easier to enjoy this low-cost form of exercise.
Bike lanes help buffer pedestrians from speeding cars.
Not only do bike lanes encourage cyclists to stay off the sidewalks, they act as a buffer between pedestrians and moving vehicles. As long as cyclists look both ways at crosswalks and yield to pedestrians, bike lanes make Philadelphia a better walking city.
Bike lanes are not just for bikes.
Yes, Bike Lanes are not just for bikes alone. It’s for everybody who loves to appreciate the township and its lifestyle scenery. Here, people can do their daily routine of exercise, walk their pets and jog any time of the day. They get to see the impressive changes and developments in the township. Most of all, it helps them appreciate the good life living in a vibrant community. Bike Lanes reflects that harmony within the community because this will be a shared space of lifestyle, where visitors, commuters and onlooker can walk freely, meet each other and enjoy life right in the center of a promising community.
Planning to visit Iloilo Business Park and see more of the township’s lifestyle offerings? Drop by at IBP Sales and Information Center any time of the day or call (033) 330-3464. Visit our official website at www.iloilobusinesspark.com.ph.

A Touch of Paris Life at Saint Dominique

Property developer Megaworld eyes to finish its newest residential tower in Iloilo Business Park, the 10-storey French-themed Saint Dominique in a few years time.
Megaworld Corporation, the country’s leading real estate company launched this year the Parisian-inspired residential development, which is eyed to have 152 units on eight residential floors. The strong demand for residential condominium and rising modern lifestyle in Iloilo City through the 72-hectare Iloilo Business Park made Megaworld decide to introduce another residential tower that encapsulates Parisian lifestyle.

Swimming Pool and Atrium Garden amenities

Saint Dominique will showcase the same facilities as the company’s previous projects such as landscaped atrium, fitness center, indoor spa, game room, day care center, children’s playground, Jacuzzi, swimming pool and pool lounge and a kiddie pool. These exciting and high-end amenities are in line with the township’s vision to elevate the lifestyle of future residents. The ground level of Saint Dominque would be allocated for retail shops as it was targeted to be part of the Festive Walk Parade, eyed to be the longest dining and retail stretch in the Visayas and Mindanao area. The residential tower is expected to bring in about PHP1.5 billion worth of residential units.

One-Bedroom facade and Spa Room amenity

Megaworld intends to introduce an upscale trend of lifestyle and residential tower that give significant emphasis on captivating architectural design, first-class amenities, and a home where residents can experience a serene ambiance. Saint Dominique is the latest residential tower that is set to make a mark in Iloilo Business Park that would boost lifestyle concept in the region.
For further information on how to attain your dream lifestyle, you may call (033) 330-3464 or drop by at IBP Sales and Information Center. Visit our website at www.iloilobusinesspark.com.ph.

Real Estate Investment Vision Guide For You

Wise investment needs great consideration and foresight these days. It determines your need to invest for something worthy and must ensure your security. You should consider your return-for-investment, calculated risk and boost your ventures business ventures. Real estate is so far the safest form of investment to consider and will surely give you unlimited opportunities if the right decision and timing is made. Here are the best benefits you can gain in real estate investment:

Steady Income
This is a no brainer! The majority of people invest in real estate for the steady flow of cash they earn in the form of rental income. This passive income is a huge incentive to get you started and buy your first rental property. Depending on the location, you could be earning significant income to cover your expenses and make you extra money on the side. Urban cities or towns with colleges and universities tend to reap higher income because the demand is always high in those areas. If chosen wisely, you can secure a steady flow of income for a long time and even save for retirement. And you do not have to stop at investing in one property at a time; you can pick up the pace and invest in multiple rental properties all at once to increase your positive cash flow and diversify your real estate investment portfolio. You can manage by hiring a professional property management professional if the workload becomes too much. One tip to keep in mind: location, location, location is key to smart real estate investing. Don’t forget to choose a prime location to reap off the benefits of investing in real estate.

Long Term Financial Security
The benefits of investing in real estate provide investors with long term financial security. When you have a steady flow of cash in succession, the rewards of this investment bring on financial rewards for a long time. Owning a rental property can afford investors a sense of security because of the property’s appreciation in value over time. This means that your property’s value is most likely going to increase because land and buildings are appreciating assets. With that said, however, there is no guarantee the value will increase indefinitely. That is why it is always recommended to thoroughly research the location before closing the deal on the house of choice.

Tax Benefits
One of the benefits of investing in real estate is the tax exemptions investors get from owning a rental property. This is a major reason why many choose to invest in real estate. For example, rental income is not subject to self-employment tax. In addition, the government offers tax breaks for property depreciation, insurance, maintenance repairs, travel expenses, legal fees, and property taxes. Real estate investors are also entitled to lower tax rates for their long term investments. Icing on the cake!

Mortgage Payments Are Covered
The benefits of investing in real estate include your tenants as well. Simply put, the rental income you receive each month is more than enough to cover your expenses, including your mortgage payments. Essentially, your tenant is actually the one paying your mortgage. That is why it is important to keep your tenants happy and avoid or mitigate the negative repercussions of vacancy at all cost.

Real Estate Appreciation
If you already are in real estate investment or are just starting out, you do understand that real estate is not a short term investment plan. On the contrary, the benefits of investing in real estate include the appreciation of capital assets (aka land) over time. In other words, your property’s value will be worth way more 30 years from now, hence why investors are in it for the long run.

Inflation
One of the benefits of investing in real estate is a hedge against inflation. With high inflation, your rental income and property value increase significantly. Real estate investors welcome inflation with open arms because as the cost of living goes up, so does their cash flow.

You Are Your Own Decision Maker
Forget about your 9-5 boring job, the best part about real estate is becoming your own boss. Just like any other business, you have the complete autonomy and control over your real estate investment strategies as well as your failures and successes. You call the shots on which property to invest in, the tenants who will live under your roof, how much rental income to charge per month, and who will manage and maintain the property as a whole. The benefits of investing in real estate make you your own decision maker.

Top to bottom photos: 1) Iloilo Convention Center and Richmonde Hotel Iloilo, Marriott Courtyard Hotel present site update located at the commercial district area, Megaworld Boulevard overlooking the commercial district, Festive Walk Parade present site update, ongoing construction site for Festive Walk Parade phase 2, and a view of the latest site update for One Madison Place and Lafayette Park Square

Consider an Investment at Iloilo Business Park
Your investment dream is now a reality at Iloilo Business Park located in Mandurriao District in Iloilo City. Invest for a commercial lot property in its 9.2 hectare Boutique Hotel and Commercial District in the southern part of the township. Here, investors and property owners can build their own business ranging from boutique hotels, restaurants, offices and many other business ventures that would blend with the vibrancy of Iloilo Business Park. Presently, 80% of commercial lots are already sold-out to major financial institutions and banks that will build their own regional offices in the near future. The commercial district is envisioned to be established as the next Central Business District (CBD) very soon. Aside from commercial lots, you can also invest in condominiums that will rise in the township such as One Madison Place (set for late 2017 completion), Lafayette Park Square (2018 completion), the 22-storey The Palladium, Parisian-inspired Saint Honore and Saint Dominique. When you own a condo in this modern community, it will give you great pleasure since it is located near the bustling commercial destinations, a few steps away from the Festive Walk Parade and Mall, classy hotels such as Richmonde Hotel Iloilo and soon-to-open Marriott Courtyard Hotel.

It’s the best time to invest for a real estate property in Iloilo City, a rising metropolis hailed as one of the most livable cities in the Philippines. The best way to start considering a great investment is in Iloilo Business Park. For information and lifestyle inquiries, call (033) 330-3464 or visit IBP Sales and Information Center. Our social media link is www.facebook.com/IBPofficial.

Iloilo Business Park's Festive Lifestyle

Life in Iloilo Business Park is purely festive in vision and style. This 72-hectare commercial township located in the old Iloilo airport is a promising community where fast-paced infrastructure developments are currently rising up to create an ideal business ambiance and investment opportunities for Iloilo City, as well as the whole Western Visayas region. Everything in the township is inspired by the visionary concept of Megaworld Corporation, the country’s real estate giant and developer of Iloilo Business Park. Passionately blending the rich cultural and historical heritage of Iloilo City and Province with the lifestyle elevation shaped by Megaworld, life is indeed festive in this bustling township.

Here are some reasons why life in Iloilo Business Park is festive:

1. Iloilo Business Park pays tribute to the festive culture of Iloilo City by donating a 1-hectare lot to the local government where Iloilo Convention Center was built. This modern and state-of-the-art international convention venue showcases the festive culture of Iloilo by combining architectural design that incorporates the world-famous Dinagyang Festival and Paraw Regatta Festival. Dinagyang warriors are depicted in the glass murals of the convention center, a passionate reflection of Ilonggos’ festive energy and vibrancy. The exterior fins reflect the Paraw Regatta sailboats, where pre-Spanish Ilonggos are known throughout the archipelago as master sailors and sea voyagers. Iloilo Convention Center can accommodate up to 3,700 audiences with a second floor composed of conference rooms, ideal for both local and international events and conferences.

A Parade of Upscale Residential Towers (top to bottom): The Palladium, One Madison Place,  Lafayette Park Square, Saint Honore and Saint Dominique

2. The classy residential towers of Iloilo Business Park reflect different international themes and lifestyle vision, creating a brand new trend in terms of upscale community living experience. The first condominium that will be completed this year is One Madison Place, a gorgeous three-tower cluster inspired by modern contemporary lifestyle. Lafayette Park Square evokes the romance of European lifestyle by highlighting a blend of Spanish and French architectural design scheduled for completion in 2018. The third tower that will rise in the township is The Palladium, a 22-storey high condominium that fuses contemporary architectural design and nature-inspired amenities such as 4 multi-level sky gardens, biggest infinity pool and loft-type units in the penthouse level. Bringing the ambiance of Paris to Iloilo City, the twin towers of passion and luxury are Saint Honore and Saint Dominique. These classy residential towers are inspired by two iconic streets in Paris and offers exceptional lifestyle amenities. Located near the Festive Walk Parade, life in these condo towers will be similar to the festive ambiance of Paris streets where boutiques, shophouses and retail shops are located nearby.

One Techno Place

Two Global Center

 

Three Techno Place 

3. Careers and highly-competitive jobs are expanding in Iloilo Business Park with the rise of its IT-BPO Cyberpark, the biggest so far in the region. Megaworld envisions to built at least 10 BPO towers and create more than 30,000 jobs in the next 10 years. Right now, there are 5 BPO buildings that are already completed and functions as the operation sites of different multinational BPO companies which include One Global Center (Transcom and WNS), Richmonde Tower (Reed Elsevier), Two Global Center (StarTek), One Techno Place (IQor) and Three Techno Place (Nearsol Philippines). Another upcoming BPO tower will soon open at the second phase of Festive Walk Parade early next year.

Bamboo Bike for rent are easily available along the Megaworld Boulevard

4. Wellness and healthy lifestyle can be yours when you live or visit Iloilo Business Park. The township’s main highway, the Megaworld Boulevard which is considered as the longest lifestyle road in the region offers a space for commuters and visitors for their physical activities called the Bike Lanes. Here, everybody can enjoy a day of biking, walking, jogging or bringing their pets in the township for invigorating physical activities. For visitors, you can enjoy a day strolling around the township by renting a Bamboo Bike along the Megaworld Boulevard. You will take pleasure in the scenery of the township where green stripes, tranquil ambiance, gorgeous attractions and traffic-free roads. After a refreshing walk or jog, you can enjoy a delicious brunch or dinner in various restaurants located all over the township.

 

Artist's perspective of Festive Walk Mall

 

Present site update of Festive Walk Mall

5. Shopping and entertainment are the best highlights of Iloilo Business Park with the opening of Festive Walk Mall. Complete your day by relaxing and strolling around the soon-to-open lifestyle mall in the township where high-end boutiques, retails shops and bistros will soon open to cater your needs. Festive Walk Mall is not just your ordinary mall because it combines luxurious experiences, high-end choices of retail shops, nature-inspired attractions, open spaces for relaxation, world-class cinemas, modern food hall set-up and so much more. Across the main mall, the Festive Walk Mall Annex building will open to cater more shops and bistros for an extended site-seeing experience. It is scheduled to open this coming April 2018. 

6. Near the Festive Walk Mall is the biggest McDonald’s branch in Panay. Since 2014, it has been the best place for visitors and locals to enjoy their all-time favourite fast food servings. It has the biggest McDonald’s Playhouse in the region.

7. Staying for luxurious accommodation and leisure experience can be fully enjoyed when you book a room at Richmonde Hotel Iloilo. It opened in 2015 and has since become the most high-end hotel in the city that offers a unique glimpse of Iloilo’s culture combined with modern amenities. Richmonde Hotel has its own swimming pool deck located in the 7^th floor that offers a breathtaking view of the township. It has been considered as the perfect space to hold various events and parties. Richmonde Hotel rooms are reviewed excellently by international websites for having world-class standard and passionate hotel services that reflect Iloilo’s unique kind of hospitality.

 

Marriott Courtyard Hotel Site Update

8. Marriott Courtyard Hotel Iloilo is set to open very soon in the township and will definitely offer a festive ambiance combined purely classy lifestyle experience. This 15-storey first-class international brand of hotel will showcase high-end amenities and deluxe rooms for tourists and visitors. With a modern and colourful architectural design, Marriott Courtyard Hotel will definitely become a major hotel destination in the region very soon.

8. The township will have another center of lifestyle and business with the opening of the 9.2-hectare Boutique Hotel and Commercial District. This commercial area offers prime commercial lots for entrepreneurs and investors who will build different boutique hotels and other businesses to energize the township. Currently, more than 80% of these commercial lots are already sold out to investors.

 

Ilonggo hero, Gen. Martin Delgado's statue proudly stands in front of Casa de Emperador at Festive Walk Parade

 

Savor Korean cuisine at Jip Babs in Festive Walk Parade 

Exciting events are happening all the time at Festive Walk Parade 

For delicious fast meals and culinary treat, head on to Food Channel 

Craving for pizza? Visit Pizzaro at Festive Walk Parade 

Book Latte, a coffee shop and library in one setting

 

Festive Walk Parade latest site updates

10. A lifestyle destination for festive experience awaits you at the Festive Walk Parade, considered as the longest shop-and-dine strip in the VisMin region. The first phase opened in December 2016 showcases a glimpse of California-themed ambiance and combines with Iloilo’s unique culture. Local bistros, upscale restaurants and souvenir shops provide seamless gastronomic and strolling experience for Ilonggos and visitors. The second phase of Festive Walk Parade will open later this year to offer more shops and attractions.

Have you visited Iloilo Business Park lately? Come and experience the festive lifestyle that can be yours when you live, visit for pleasure or start a new career in this astonishing township. More surprises are coming up very soon as Iloilo Business Park continue to redefine the upscale lifestyle trend in the “City of Love.”
For more updated inquiries on developments and investment detail, call (033) 330-3464 or visit IBP Sales and Information Center. Visit us online at www.iloilobusinesspark.ph.