DOTr Inks P17.75B Metro Manila Subway Phase 1 Contract

The Department of Transportation (DOTr) inked a contract worth P17.75B that forms part of the P488B Metro Manila Subway Phase 1 last May 5, Manila Bulletin reported. 

The contract package called CP104 involves the construction of two underground stations and tunnels at Ortigas North and Ortigas South. Tokyu-Tobishima Megawide Joint Venture (TTM-JV) bagged the project. 

Tokyu Construction Co., Ltd., a prominent Japanese general contractor, is behind the redevelopment of the Tokyo Metro Ginza Line Shibuya Station located at the center of Shibuya, a major commercial and finance center in Tokyo. Tobishima, on the other hand, had spearheaded large-scale civil engineering works for hydro-electric power plants, dams, and railroads.

Along with the signing of the contract, the right-of-way usage agreements, which will speed up the subway construction, were also signed. The companies that signed include Robinsons Land Corporation, Ortigas & Company Limited Partnership, Blemp Commercials of the Philippines, and Megaworld Corporation.

Impact of Infrastructure on Real Estate

The transportation department aims to partially open the subway by 2025 and run full operations by 2027. It will accommodate a million passengers a day once it’s operational.

The 35-kilometer railway line will stretch from Valenzuela City to the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay, with 15 underground stations all in all. It’s expected to cut travel time from Quezon City to NAIA from one hour and 10 minutes to 35 minutes, and decongest traffic in the capital region.

Earlier, top real estate platform Lamudi reported that there’s a growing demand for property listings in areas where stations of the subway project will be built. 

In most of the areas benefitting from the subway system, the available property listings belonged to luxury price segments, especially in West Rembo and Bicutan. Meanwhile Ugong, Novaliches, and Ortigas had higher shares of economic property listings compared to other subway station areas. 

The return to office mandate may also increase the demand for properties near public transportation. This was one of the notable trends Lamudi observed at the height of the pandemic last year. With some companies encouraging employees to work on site, mobility emerged as a priority among property seekers. Renting a home near a rail station allows easier access to key commercial areas across Metro Manila, Lamudi said.

It was also last year that the ​​Chamber of Real Estate & Builders’ Associations, Inc. (Creba) called for the construction of affordable housing within transit-oriented developments

The group said that if the government provides the site, private companies can develop the housing units. The move can increase the number of dignified housing and enhance Filipinos’ quality of life, Creba said.

Infrastructure Projects Connected to the Subway

Another major infrastructure development in the metro is linked to the much-awaited subway system: the North Avenue Common Station. It’s slated to be finished before the present administration ends, as mentioned in this GMA News report. 

The transport hub, situated between Trinoma and SM City North EDSA, will connect the subway to LRT1, MRT3, and later MRT7, the railway system connecting Quezon City to Bulacan. 

Once the common station is completed, it will serve 500,000 Metro Manila commuters per day.

The government is also looking at the possibility of linking the subway to the Clark-Calamba railway, as mentioned in this Inquirer report. With this, commuters from the capital region can reach areas in Central and Southern Luzon without getting off the train system. 

The 148-km North-South Commuter Railway (NSCR) is composed of three major railways serving Pampanga, Bulacan, Calamba, and Metro Manila. PNR Clark, the northern section of the NSCR, has two phases of construction. PNR Clark 1 is a 38-kilometer rail line stretching from Tutuban to Malolos, while PNR Clark 2 extends 53 kilometers from Malolos to Clark. The train system will have a station at New Clark City, with a link to Clark International Airport. 

According to the latest report from Sunstar, the structure of the PNR Clark Phase 1 has reached 100 percent completion.

Meanwhile, the southern section of the NSCR is PNR Calamba. Also called PNR Clark Phase 3, it runs 56 kilometers long, starting from Solis in Manila to Calamba in Laguna. 

The construction of NSCR is funded by loans from Japan International Cooperation Agency (JICA) and Asian Development Bank. 

Sources: Manila Bulletin, GMA News, Inquirer, Sunstar

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