Grand Hyatt Manila Residences

The two towers finished years apart, and the difference matters when reading the marketing. The North Tower came first, completed in 2017 to 2018, with 248 apartments. The South Tower runs to 50 floors, holds 188 residences and 350 parking slots, and was handed over in December 2023. Material quoting 188 units as the size of the whole development is describing the South Tower alone.

Hyatt's role here is narrower than the name suggests. Hyatt International Corporation licensed the developer the right to offer and sell the residences under the Hyatt name, and no Hyatt entity is responsible for, or makes any representation about, the development, marketing, sale or operation of the residences. What the hotel does supply is continuing: housekeeping, general cleaning, concierge, floral arrangements, laundry and dry cleaning, transportation and errands, all ordered a la carte by residents, and every unit owner receives a two-year World of Hyatt Globalist membership, the highest tier in that programme. Grand Hyatt Manila itself stands next door rather than inside the property, occupying the separate 66-storey Metrobank Center immediately beside the residential towers.

Ownership is condominium title under Republic Act 4726, the Condominium Act. The land is held by the condominium corporation and the buyer takes a Condominium Certificate of Title over the unit, while foreign ownership is capped at 40 per cent of the units or of total floor area in any one project. That cap binds across the project rather than per buyer, so a foreign purchaser's ability to complete turns on how much of the building is already foreign-held. A proportion to be confirmed before an offer.

Asking prices in the building are wide and they disagree with each other. A three-bedroom corner of 133 sqm in the North Tower is asked at PHP 58,000,000, South Tower three-bedrooms of 207 sqm at PHP 95,000,000 and PHP 96,000,000, a 205 sqm corner on the South Tower's 30th floor at PHP 108,880,000, and a 300 sqm North Tower corner with maid's room and three parking slots at PHP 112,000,000, while a three-bedroom of that same 300 sqm is asked elsewhere at PHP 96,000,000 negotiable, a gap of about 17 per cent on one size. None of these is a transacted price, and resale stock in this building can be old, so we confirm each before quoting.

The shared amenities are a 25-metre lap pool and a kiddie pool, jacuzzi, sauna, outdoor shower, fitness centre, yoga and pilates studio, children's playroom, teen entertainment zone, two multi-purpose rooms, a glass function room, a pantry, and a juice bar and residents' lounge. A buyer suited to this building wants a large finished Manila apartment under a name the whole household recognises, with hotel services orderable next door and a resale pool deep enough to take time over, around 270 residences for sale and 97 for rent at any time. Three things are to be confirmed: the association dues, the real unit count across both towers, and how much developer stock is left.