Income-Producing Citadines Ortigas 18th Floor for Sale | AGV-RE-000251
Citadines Millennium Ortigas Manila, Ortigas Central Business District, Metro Manila, Philippines.

Overview
An exceptional whole-floor hospitality investment for sale at Citadines Millennium Ortigas Manila. Acquire the entire 18th floor comprising 15 fully furnished serviced residences (829 sqm), five parking slots and included FF&E. The existing income-producing asset is part of an established operation managed by The Ascott Limited. VAT-inclusive selling price: PHP 169,741,600.
Full Description
ENTIRE 18TH-FLOOR HOSPITALITY ASSET FOR SALE
Citadines Millennium Ortigas Manila
Ortigas Central Business District, Metro Manila
EXCLUSIVE HOSPITALITY INVESTMENT OPPORTUNITY
Acquire the entire 18th floor of Citadines Millennium Ortigas Manila, comprising 15 fully furnished serviced residences within an established hospitality property professionally managed by The Ascott Limited.
This distinctive acquisition offers approximately 829 sqm of serviced-residence accommodation, complemented by five parking slots with an aggregate allocation of 62.5 sqm, representing approximately 891.5 sqm of total asset area including parking.
TURNKEY, INCOME-PRODUCING INVESTMENT
Unlike purchasing bare condominium units requiring furnishing, marketing and operational setup, this acquisition offers an existing hospitality asset with furniture, fixtures and equipment already in place.
The portfolio comprises eight studio residences, four one-bedroom residences, two two-bedroom residences and one three-bedroom residence.
The entire floor participates in an established serviced-residence operation, with professional hospitality management and a reported history of income-producing activity.
PRIME ORTIGAS LOCATION
Situated within Ortigas Central Business District, the property benefits from proximity to major corporate offices, international institutions, business establishments, medical facilities, retail destinations and transportation connections.
The location provides access to a broad potential market for corporate, executive and extended-stay accommodation.
HOSPITALITY FACILITIES
The Citadines property features shared amenities including a swimming pool, fitness centre, dining facilities, co-working and lounge areas, landscaped outdoor spaces and professional hospitality services.
SELLING PRICE AND INVESTMENT TERMS
Total Selling Price: PHP 169,741,600, inclusive of 12% VAT.
Net Consideration: PHP 151,555,000
12% VAT: PHP 18,186,600
The price covers the entire 18th-floor hospitality portfolio, five parking slots and included FF&E. Customary transfer costs are additional, and final transaction terms remain subject to agreement.
CONFIDENTIAL INVESTMENT INQUIRIES
Qualified investors may request historical operating information, supporting property documents and the detailed investment memorandum under appropriate confidentiality arrangements.
Applicable ownership, management and operational agreements require review as part of the acquisition process.
For further information and private investment discussions, please contact:
RAYMUND JAZMINES
Licensed Real Estate Broker
AGOSVIA Platform
Mobile / WhatsApp / Telegram / Viber: 09053439806
Email: inquiry@agosvia.com
AGOSVIA — Property • Land • Commercial • Investment Opportunities
View Key Highlights
- Entire 18th-floor hospitality asset at Citadines Millennium Ortigas Manila
- 15 fully furnished serviced residences
- Approximately 829 sqm of hospitality accommodation
- Five parking slots included
- Approximately 891.5 sqm total asset area including parking
- Furniture, fixtures and equipment included
- Existing income-producing hospitality operation
- Professionally managed under The Ascott Limited's Citadines platform
- Prime Ortigas CBD investment location
- VAT-inclusive selling price of PHP 169,741,600
View Analysis & Additional Details
PROPERTY SPECIFICATIONS
Property: Citadines Millennium Ortigas Manila
Classification: Serviced-Residence Hospitality Investment
Location: Ortigas Central Business District, Metro Manila
Transaction: For Sale
Offering: Entire 18th Floor
Hospitality Accommodation Area: Approximately 829 sqm
Serviced Residences: 15
Parking Slots: 5
Parking Allocation Area: 62.5 sqm
Total Asset Area Including Parking: Approximately 891.5 sqm
Furnishing: Fully Furnished
Furniture, Fixtures and Equipment: Included
Operator: The Ascott Limited / Citadines
Reported Status: Operational and Income-Producing
RESIDENCE COMPOSITION
Studio Residences: 8
One-Bedroom Residences: 4
Two-Bedroom Residences: 2
Three-Bedroom Residence: 1
Total: 15 Fully Furnished Residences
The property is offered as one entire-floor hospitality investment package. The residences are not being presented as fifteen independently marketed listings.
AREA BREAKDOWN
Hospitality Accommodation: 829.0 sqm
Parking Allocation:
5 slots x approximately 12.5 sqm
Total Parking Allocation: 62.5 sqm
TOTAL ASSET AREA:
891.5 sqm
The total area includes parking allocation and is not entirely serviced-residence floor space.
SELLING PRICE COMPUTATION
Effective Net Acquisition Rate:
PHP 170,000/sqm
Hospitality Accommodation:
829.0 sqm x PHP 170,000
PHP 140,930,000
Parking Allocation:
62.5 sqm x PHP 170,000
PHP 10,625,000
TOTAL NET CONSIDERATION:
PHP 151,555,000
12% VAT:
PHP 18,186,600
TOTAL VAT-INCLUSIVE SELLING PRICE:
PHP 169,741,600
The computation includes the hospitality accommodation, five parking slots and associated FF&E.
Customary transfer costs are additional. Final commercial terms remain subject to agreement.
HOSPITALITY OPERATIONS
The property participates in an established serviced-residence operation managed under The Ascott Limited's Citadines hospitality platform.
The investment memorandum reports an existing operating history and income-producing participation.
Historical operating statements are available for qualified investors through confidential review.
Future distributions depend on actual occupancy, achieved rates, operating costs and applicable contractual arrangements.
No fixed yield, guaranteed distribution or projected investment return is represented.
FURNISHINGS AND EQUIPMENT
The fifteen serviced residences are presented as fully furnished, with furniture, fixtures and equipment included in the acquisition.
Actual FF&E inventory, condition and transfer arrangements remain subject to the final transaction documents.
BUILDING FACILITIES AND AMENITIES
The wider Citadines property provides reported shared hospitality facilities, including:
- Swimming pool and recreation deck
- Fitness centre
- Dining facilities
- Co-working and lounge areas
- Landscaped outdoor spaces
- Professional reception and hospitality services
These are property-level facilities and are not represented as exclusive 18th-floor ownership assets.
LOCATION AND ACCOMMODATION MARKET
The property is located within Ortigas Central Business District, near the Asian Development Bank, major corporate headquarters, professional services firms, medical facilities, retail destinations and transportation infrastructure.
Potential guest segments include corporate executives, consultants, relocation assignments, long-stay business travellers and other institutional occupants.
INVESTMENT CHARACTERISTICS
The acquisition offers:
- Entire-floor hospitality ownership position
- Fifteen existing furnished residences
- Five parking slots
- FF&E included in the consideration
- Existing professional hospitality management
- Reported income-producing operating history
- Ortigas CBD location
The offering is positioned as an acquisition of an existing operational hospitality asset rather than a bare residential development or fit-out project.
OWNERSHIP AND MANAGEMENT ARRANGEMENTS
Final acquisition review should establish individual residence titles, parking rights, FF&E ownership and inventory, operator and management agreements, association arrangements, and applicable transfer requirements.
The inclusion of an existing hospitality operating platform does not itself guarantee automatic transfer or indefinite continuation of all existing management arrangements.
CONFIDENTIAL SUPPORTING INFORMATION
The owner-approved 2026 Confidential Investment Memorandum and historical operating statements are available for release to qualified investors under appropriate confidentiality arrangements.
Detailed operating information remains confidential and is not reproduced in the public listing.
Additional Resources
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