Back to the Provinces: Places for Real Estate Investment

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For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing. 

Based on Lamudi’s data, there’s been a strong, brewing interest in locations outside the metro for the past months, since the community quarantine started. While the capital region remains to be in demand, a lot of provinces are getting a share in the real estate market’s attention. Ultimately, this should compel investors to look beyond Metro Manila. 

To borrow what everyone has been throwing a lot lately, you need to embrace the new normal in property investment. That is, consider pursuing rental properties in these provincial hotspots, which, combined with Metro Manila, received over 80 percent of inquiries on the Lamudi platform from February to April 2020:

Batangas

Recognized as the National Winner of the Component Cities Category in the 2018 Local Legislative Award, Batangas has seen a strong local administration in the last few years, which helped create an environment conducive for better economic development. The province accommodates various residential communities ideal for investment. See the house and lot packages in AboitizLand’s The Villages in Lipa and Holiday Homes’ Hacienda del Sol in Tanauan, as well as condo developments, such as Filinvest’s Arista in Talisay and Megaworld’s Twin Lakes Countrywoods in Laurel.

Infrastructure to rise in this province:

  • North-South Railway Project – South Line (Long Haul Line Branch)

Bulacan

Called the Northern Gateway from Manila, Bulacan serves as a bridge between the capital region and the greater Northern Luzon. In terms of residential spaces, there are houses and lots, as well as condominium buildings, catering to different market segments: affordable, mid-income, and upscale. In San Rafael, there’s Verna, a masterplanned townscape by Filinvest. Over at Santa Maria, you can find Amaia Scapes Bulacan by Amaialand. Meanwhile, Cheer Residences by SM Development Corporation stands tall at Marilao.

Infrastructures to rise in this province:

  • Skyway Stage 3, connecting North Luzon Expressway and South Luzon Expressway
  • Metro Manila Rail Transit System Line 7 (MRT-7)
  • Bulacan International Airport

Cavite

In 2019, the province of Cavite was one of the top finalists in the Regional Competitiveness Summit, a testament to its aggressive economic growth. From being the land of the brave, the province has emerged as the land of real estate opportunities. That said, when diversifying your investment portfolio, consider the houses and lots in these residential communities as income properties: Camella Dasma at the Islands in Dasmariñas, Las Brisas at Tierra del Sol in Tanza, or Woodlands Point at Tagaytay. For condo projects, include in your options SMDC’s Hope Residences in Trece Martires and DMCI Homes’ Alea Residences in Bacoor. 

Infrastructures to rise in this province:

  • Skyway Stage 3
  • Extended Light Rail Transit-Line 1 (LRT-1)
  • Bataan-Cavite Interlink Bridge
  • Sangley Point International Airport

Cebu

The Queen Region of the South reigns in real estate opportunities, especially because its capital has maintained its status as one of the richest cities in the country. In terms of house and lot investments, you can check out the units at Primary Homes’ Argao Royal Palms in Argao, MCJR Development Corp’s Vista de Bahia in Consolacion, and Aboitizland’s Almiya in Mandaue. For condos, there’s Megaworld’s One Manchester Place in Mactan and Taft Properties’ Taft East Gate in Cebu City.

Infrastructures to rise in this province:

  • Metro Cebu Expressway
  • 4th Mandaue-Mactan Link Bridge
  • Cebu Bus Rapid Transit (BRT)
  • New Cebu International Container Port

Davao del Sur

This southern part of the country enjoys a promising economic boom, as Davao City remains attractive as an investment for both foreign and local entrepreneurs. In fact, the municipality is the main commercial center in the south. 

If you want to put your hard-earned money in this region, these are some of the residential communities you should consider: for condo developments, there’s Arezzo Place by PHINMA Properties, 202 Peaklane by Anchor Land Holdings Inc, and Seawind by Damosa Land Inc; for houses and lots, there’s Woodridge Park by Alsons Properties and Twin Palms by Jenson Land and Realty Development.

Infrastructures to rise in this province:

  • Mindanao Railway Project
  • Samal Island-Davao City Connector (SIDC)
  • Davao City Coastal Bypass Road with the Bucana Bridge Construction
  • Modern Davao International Airport

Laguna

With the creation of several industrial parks in this region, the demand for real estate is expected to grow stronger as more people are compelled to move to this side of Southern Luzon. That said, you can consider house and lot investments in DMCI Homes’ Willow Park Homes in Cabuyao, Greenfield Development Corporation’s Solen Residences in Sta. Rosa, or Ovialand’s Sannera in San Pablo. As for condominium developments, you can check out South Forbes’ Scandia Suites in Sta. Rosa and Dataland’s MyCube in Biñan.

Infrastructures to rise in this province:

  • North-South Commuter Railway, also known as Clark–Calamba Railway
  • Cavite-Laguna (CALA) East-West National Road

Pampanga

Several economic zones have popped up in the region, contributing significantly to an economic boost. It’s no wonder the province has seen a dynamic real estate and infrastructure development in the past years. If you’re considering investing in Pampanga, you can opt for house and lot packages in these modern residential villages: Ajoya by Aboitizland in Mexico or Solana Frontera by Solanaland in Angeles. If you’re keen on investing in condos, you can check out The Resort Residences at San Fernando by Century Properties or Marquee Residences by Alveo Land in Angeles.

Infrastructures to rise in this province:

  • Expanded Clark International Airport
  • North-South Commuter Railway
  • Manila-Clark Railway
  • Subic-Clark Cargo Railway

Rizal

A fast-growing district in the CALABARZON region, Rizal has received the title Most Competitive Province in the country for four consecutive years since 2016. Poised to grow further, it’s definitely an investment hotspot. Prime houses and lots are in the region, including those in Green Ridge Subdivision by Sta. Lucia Land Inc. and Birmingham Alberto by Homeowners Development Corporation. You can also invest in condominium developments, such as The Hive by Myspace Properties, Inc. and Horizons East Ortigas by DATEM Homes.

Infrastructures to rise in this province:

  • Metro Manila Rail Transit System Line 4 (MRT-4)
  • Light Rail Transit Line 2 (LRT-2) East Extension

These locations are worth considering when diversifying your investment portfolio. Embrace the new normal of paying more attention to provinces. Remember, location is king in the real estate business.

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