Eight Wack Wack
400m₱4,800,000.00Property Overview
Project Selling
Ready for Occupancy / Ready for Use
Condominium
Residential Condo
THE OLIVE PLACE is a mixed-use condominium development by DataLand Inc. located at 407 Shaw Boulevard, Brgy. Addition Hills, Mandaluyong City. Tower 2 rises to 49 floors and offers studio, 1-bedroom, and 2-bedroom units. The project is designed to provide balanced living with modern architecture, seamlessly blending quality, comfort, and practical design. It features premium amenities including swimming pools, gym, sauna, game rooms, yoga deck, meditation garden, and full-service concierge. The development is strategically positioned near major shopping centers, business districts (Makati, BGC, Ortigas), and schools, providing residents with convenient access to urban conveniences while maintaining a relaxed lifestyle.
Building Information
Tower Tower 2 49 floors
Units
Available units in The Olive Place (Tower 2)
Location & Neighbourhood
- Full Address407 Shaw Boulevard, Brgy. Addition Hills, Mandaluyong City
- SubdivisionThe Olive Place
- City / MunicipalityMandaluyong
- ProvinceMetro Manila
- Zip Code1550
- Walkability Score75
Nearby Places
- Shaw Mall200m3 minutes walk
- MRT-3 Shaw Boulevard Station800m10 minutes walk
- Makati Business District5km15 minutes drive
- Bonifacio Global City8km20 minutes drive
- Ortigas Center4km12 minutes drive
- Wack Wack Golf Course2km5 minutes drive
- Addition Hills Shopping Center500m7 minutes walk
About the Neighbourhood
The Olive Place is strategically located in Addition Hills, one of the fastest-growing residential areas in Mandaluyong. The neighborhood offers a perfect balance between urban convenience and relaxed living. Residents have easy access to major shopping centers, business districts, schools, and entertainment venues. The area is known for its well-maintained infrastructure, proximity to premium establishments, and vibrant community atmosphere.
Flood Risk Information
Area is relatively safe from flooding with proper drainage infrastructure in place. Addition Hills is elevated and well-developed with proper stormwater management systems.
Legal Documentation
Clear Title
Yes
Occupancy Permit
Yes
Zoning Information
PD 957 - Residential Condominium (Pre-Selling)
Additional Information
- Reason for SellingPrimary sales phase - Developer offering units for immediate occupancy and pre-selling for future completion
- Pet PolicyPet policy to be determined by HOA bylaws - typically restricted in high-rise condominiums
- Renovation HistoryBrand new construction - Tower 1 completed December 2020, Tower 2 completed December 2023
- Storage SpacesStorage lockers available for rent in basement levels
- Cultural HeritageAddition Hills area has historical significance as a premium residential enclave in Metro Manila
- Accessibility NotesWheelchair-accessible common areas, elevators in all towers, accessible parking spaces available
Market Insights
Comparative Listings
Gateway Garden Ridge
400m₱5,500,000.00Aqua Iguazu
810m₱4,200,000.00Rental Potential
12%
Expected annual rental yield
Historical Price Trends
The Olive Place has shown steady price appreciation since its launch. Initial pre-selling prices from 2017-2019 ranged from PHP 2.4M to PHP 7.2M. Current prices in 2025 range from PHP 3.85M to PHP 16.5M, reflecting market appreciation and Tower 2 nearing completion.
Future Development Plans
The Mandaluyong area continues to develop with improved infrastructure, increased commercial establishments, and enhanced transportation connectivity through MRT-3 expansion and upcoming transit projects.
Reviews & Feedback 4.0
(3 reviews)
Airbnb Guest September 1, 2024
My daughter and her friends had a wonderful stay. They appreciated the amenities both in the area and in the unit.
Booking.com Guest January 15, 2025
Good location with convenient access to major business districts and shopping centers.
Reddit User August 20, 2024
The Olive Place offers excellent livability with good community management and safety features.