Lucky me I have a bit of a long holiday here and I managed to have the FPGA to grab the address from the AD0-7 first. The bad news is, the FPGA couldn't grab anything on the address. Going back to the basics and to further understand how this 8088 works, I wired up the extra 74373 on top of the 74245, with reference to http://www.homebrew8088.com/:
And when I connected the first four bits on the 373's Q0-Q3, I'm getting this:
I'm suspecting that it's working alright, since the address is counting upwards (the 8088 starts at address FFFF0).
The more tough part is I do not have enough pins on the FPGA board's connector to even connect that latched address A0-A7, so I'm cooking up some method on how I could effectively make this run properly without adding even more stuff on top of it!