Four of Anchor Land’s condominium projects tower over historic Binondo, home to the world’s oldest Chinatown
More and more Chinese investors have been settling in Binondo recently, making this historic Manila district—home to the world’s oldest Chinatown—more competitive than ever. Over the last ten years, more malls, office buildings, and condominiums have sprouted in Binondo, which further boosts real estate value in this important section of downtown Manila.
As the district’s population and local economy continue to grow, so is the demand for better living and working conditions. Most Chinese businessmen, for example, are converting their properties into high-rise buildings to meet this demand. The trend is to make the place of work the same place where one lives.
Jojo Uy-Ching, a business unit head of an insurance company, attributes Binondo’s proximity to key facilities and lower-priced food essentials as the primary reasons for Chinese investors to want to settle here.
“They [Chinese investors] love Binondo because their place of work is very near their home, churches, hospitals, banks, markets, and restaurants. Almost everything is walking distance,” Uy-Ching affirms.
A Binondo resident for more than 50 years now, Uy-Ching has seen the changes from old houses and low-rise buildings to the now majestic skyline lined with tall condominiums. He noticed in particular the properties of fast-growing real estate developer Anchor Land Holdings. He believes that the company’s projects define how Binondo has transformed in the past 10 years alone, and where this historic Manila district is headed in the years to come.
Anchor Land currently has five high-rise condominiums in Binondo alone, with two more rising by 2016. At the center of it all is the district’s tallest building: the stately Anchor Grandsuites, with all of its 63 stories standing proud along Masangkay Street. It is located in the vicinity where a house that Dr. Jose Rizal used to frequent once stood, and where the original transcript of the National Hero’s first novel, Noli Me Tangere, was kept.
Today, Anchor Grandsuites’ state-of-the-art facilities and exclusive amenities reflect what the hardworking Binondo entrepreneurs envision for their families. One unique feature of the property is its His and Hers Health Club at the penthouse. It houses a fitness gym, spa facilities, and a private dining space that highlight exclusivity for its guests and tenants.
With all these modern development, there is no doubt that anyone who wants to build a business empire in Binondo will find it as the newest place not just for a flourishing business venture, but for a secure, convenient, and comfortable lifestyle as well.
This article was sponsored by Anchor Land Holdings, Inc.
Anchor Land Holdings, Inc., is one of the fastest growing real estate developers in the Philippines. Initially finding its niche within the affluent Filipino-Chinese community, Anchor Land has brought modern condo living to Manila through a fusion of current trends and traditional comforts and practices. It continues to be a game changer, establishing its presence in strategic locations to give you the life you truly deserve.
Main photo courtesy of Anchor Land Holdings
