Ayala Land Inc. (ALI) recently launched a ‘dormitory concept’ development called The Flats. These are affordable and accessible ‘for lease-only’ residential options that address young professionals’ needs for living spaces at the center of the country’s business districts. The Flats are scalable developments that can be replicated in all of ALI’s estates. They allow professionals to live close to their place of work, and are designed to provide accommodations that provide all the benefits of urban living. ALI already begun construction of a 15-storey building set to rise at Amorsolo corner Dela Rosa streets in Makati City. The development will tap into the estimated 500,000-strong BPO population in the city and its neighboring areas. The Flats Amorsolo will offer 22 square meter residential units that can accommodate a maximum of four occupants.
