You are never too young to think about your future. While you are at the prime of your life, you should already take measures to ensure that the life you and your future family will have is secure and comfortable. In today’s day and age, making investments is the smartest way to go, and there’s one particular market that can be very lucrative if explored right: real estate.
Real estate has always been big business worldwide, and presently the Philippines is also getting into the game. Investing in it comes with major advantages if done right, such as minimized loss the longer you own a property, tax benefits, and immediate cash flow.
However, since developments are on the rise, it is important to know the best places to invest in real estate in Metro Manila. Read on to learn which city will help your investments yield more.
Check out this video:
1. Bonifacio Global City
Taguig City, where BGC is located, used to be a fishing community.
Bonifacio Global City (BGC) is probably not how the majority would picture a typical Metro Manila city; here, the traffic is well-maintained and there is little to no flooding because of well-made stress and irrigation systems by its developers, Ayala Land and Evergreen Holdings. BGC has become a force to be reckoned with in terms of both business and residential options since other business districts have either become too pricey or crowded.
In fact, American commercial real estate service company Cushman & Wakefield predicts that BGC will become the country’s primary financial hub in the near future as big knowledge process outsourcing (KPO) companies such as JP Morgan Chase & Co. and HSBC dominate it . Since these and other international companies are flocking the area, there will always be a demand for commercial and office spaces, thus making BGC one of the best cities to invest in.
2. Makati City
Makati is also known as the “Financial Capital of the Philippines”.
No matter how much time passes, Makati will always be the original investment capital in the country. Not only is one of the largest business districts found here, but its clever location also makes it accessible to neighboring flourishing cities. Makati is also home to over 60,000 international commercial and business establishments, which means there are various residential options to cater to workers and employees. Moreover, the headquarters of large multinational corporations are also established here, thus making the land value of both commercial and office spaces steady and profitable .
Quezon City has a land area of approximately 161 square kilometers.
Not only is Quezon City (QC) one of the largest cities in the entire country, it is also one of the best locations for real estate investment. One of the most inviting factors QC has to offer is a well-rounded but not too congested lifestyle. It has popular business areas like Eastwood City and Quezon Avenue, some of the country’s top schools such as University of the Philippines Diliman and Ateneo de Manila University, and numerous international companies and condominium properties. As proof of its potential, Singapore’s PropertyGuru.com found in a study that Quezon City is amongst the highest when it comes to condo gross rental yield .
4. Pasay City
Other notable infrastructures in Pasay City include Mall of Asia and World Trade Center.
Pasay City is one of the areas that has flourished the most in the recent years thanks to several thriving developments, most notably Bay City for both foreigners and expats . This is enhanced by Ayala Land Incorporated’s (ALI) project which promises to make Pasay “the country’s most modern business, residential, and recreational district.” Resorts World Manila, which is located in Newport City, is also the home of international hotels, casinos, bars, and restaurants, and it contributes to making the demand for spaces, either commercial or residential, high.
5. Pasig City
Pasig City was once named the “Selfiest City in the World” by Time Magazine.
Pasig City is not only one of the most liveable cities in the county, but also a real estate haven with 132,640 square meters of its central business district—Ortigas Center—solely dedicated for office use as of 2014 . Ortigas Center is also where a lot of international BPO and IT companies can be found. In addition to this, Pasig is also a well-known lifestyle hub where restaurant, leisure, and shopping options are readily available and accessible. Since the city is populated by both young professionals and growing families, there is also no shortage of residential options in the area.
Now that you are educated on where you should put your hard-earned money on, you can now safely invest in these areas and watch your profits rise.
What city would you most likely invest in real estate on? We’d love to hear about them in the comments below!
 https://bit.ly/2OqvJsB and https://bit.ly/2mQwmz1
About Eunice Sheene Fulgencio
Eunice knew that she’d be writing for the rest of her life from a very young age. Naturally introverted, she is selective with how she uses her time and who she spends it with. Has a penchant for sweet treats, sentimental proses, and online personality quizzes. A true-blue INFJ.
Disclaimer: All articles in the Consumers Magazine of Yoorekka are
for general information and entertainment purposes only. Although
careful research has been made in writing them, Yoorekka does not
make any warranty about the completeness and accuracy of all
information presented in our articles. Our content is not intended
to be used in place of legal, medical, or any professional advice.