4 Prime Locations to Invest in the PhilippinesJanuary 22, 2021
Where are the prime locations to invest in the Philippines?
- Taguig City
- Paranaque City
- Quezon City
If you’re looking to invest, you might be wondering if 2021 is a good time to do so. It is natural to be skeptical given that the economy was greatly impacted by the pandemic. Nonetheless, the answer is a staggering yes, especially when it comes to real estate properties. Striking nature spots, pristine white sand beaches, highly educated workforce, strategic geographical location, expanding infrastructure, and hospitable, English-fluent locals — there are plenty of reasons why investors target the country. So where should you invest? Read on because we have listed some of the prime locations to invest in the Philippines!
As the country’s capital, Manila is undoubtedly tailor-fit to be among the prime locations to invest in the Philippines. It is a booming central district packed with business, diplomatic, government, historic, financial, and even sports facilities. Here, leisure spots such as retail malls and dining spots are sprawling. The prestigious University Belt is located in Manila offers quality education. Major highways make it easy to travel to and from all parts of the country as well.
It’s evident that there are numerous reasons why major investments are from pouring into the city. Along with its fast-paced environment and diverse population, Manila embodies a rapidly progressing city that prides itself on everything you will need for life.
There are plenty of places to invest in Manila. However, the area of San Lazaro Tourism Business Park offers unrivaled benefits among all.
First and foremost, the San Lazaro Tourism and Business Park houses shopping malls, hotels, and offices. It is a Philippine Economic Zone Authority (PEZA) registered economic zone with an information technology component. It is specifically designed to cater to foreign investments because of its fiscal incentives like exemption from all local taxes.
Moreover, it will be the location of Megaworld Manila’s high-end condominium known as Kingsquare Residential Suites, offering an ideal option for both investors and home-seekers alike.
The 19-story project would offer residents elegant one to two-bedroom unit options, a convenient location, and premium amenities.
Located in a place surrounded by numerous investment opportunities, Manila and San Lazaro Tourism and Business Park is the target for investors.
Taguig City is the 7th most populous city and one of the leading financial centers of the Philippines, with major corporations like Google Philippines, Facebook Philippines, Accenture, Globe Telecom, HSBC, Wells Fargo, J.P. Morgan, Philippine Stock Exchange, and many more.
Taguig City is a prime business district that is an ideal choice for investors. It is home to countless opportunities such as startups. Moreover, it boasts of state-of-the-art architectural design, tall skyscrapers, open and green spaces, well-planned traffic and transportation systems, and endless leisure options.
Here, everything is nearby including workplaces, schools, commercial centers, nightlife spots, dining options, and even shopping havens such as Uptown Mall, Venice Canal Mall, and Bonifacio High Street.
Taguig City is worthy to be a prime location to invest in the Philippines. Naturally, the area provides luxurious residential choices as well. This includes the One Uptown Residence, Uptown Bonifacio Township, Uptown Ritz, St. Moritz Private Estate, and The Florence.
Paranaque City experienced huge developments in both commercial and office spaces during recent years, resulting in more multinational companies making the district home to their regional branches. Furthermore, it is easy to travel in and out of the country in Paranaque City. The Ninoy Aquino International Airport can be accessed through Sucat road and NAIA Expressway (NAIA-X).
Surrounded by central cities like Taguig City, Manila, and Quezon City, it comes as no surprise for people from all backgrounds to invest in this part of the Philippines.
Paranaque is also known for housing a high number of condominium projects. However, among the many real estate options here, the Westside City is the next big thing for residents.
As a 31-hectare integrated township by Megaworld, it is master-planned to become the Las Vegas of Metro Manila. It will be neighboring the biggest malls in the country, renowned local and multinational companies, world-class entertainment facilities, and high-end hotels.
Quezon City holds the title for the most populous city in the Philippines. It is the largest high-urbanized district boasting of transit-oriented communities, different central business districts, high labor supply, strategic location, universities, and thriving economic potential.
This is an ideal location for investors, especially real estate investors because properties here are priced lower compared to other cities. Companies looking to establish their presence in Quezon City can reap rental rates that are 20% to 30% cheaper compared to other business districts.
According to a Colliers International report, Quezon City benefits from well-planned infrastructure because 7 out of 13 metro train stations here, along with improving connectivity given the future construction of the Metro Rail Transit-7 (MRT7) and the common LRT-MRT station.
Investors and residents are more inclined to rent in a residential condominium project in Quezon City such as Golfhill Gardens.
Investing in the country, especially in the sector of real estate, is projected to continuously soar. Properties continue to appreciate in value and the prime locations to invest in the Philippines boast of unrivaled benefits. To add to that, the Philippines is one of the fastest-growing economies in Asia which is particularly encouraging to many foreign investors.
That’s why property developers such as Megaworld Manila are making sure projects cater to the demand of investors. Click here to learn more about the properties in the Philippines that are sure to offer the best value for your investment today!