Property investments to watch in Phl for 2024

This article was initially featured in The Phil Biz News on January 8, 2024, authored by Victoria “NIKE” De Dios.

The challenging two years during the time of pandemic has really created an impact on the economy given the fact that the movement and economic activities momentarily stopped.

In the Philippines, investments and economic development needed to take a backseat as the country had to deal with health and economic recovery strategies for reopening and bringing in more foreign investors.

The once flourishing real estate industry in the country was tremendously affected by the COVID-19 pandemic. But to many experts, the scenario in the post-pandemic world is promising and the investment in the booming real estate industry will recover soon and to spur economic recovery and growth.

Now, with the endemic COVID-19, the business as usual across the entire industry is back, with no travel restrictions and the opening of the borders paving the way for entrepreneurs, local and foreign investors, expats and even diplomats to look into investment opportunities, and one of the most viable and lucrative is in the real estate.

Property developers present wise investments to choose from for 2024, as projections and property sales are increasing. Reports say this is due to strong economic growth, steady property demand, and the government’s commitment to developing more infrastructures.

With the real estate market set to experience a boom in 2024, now is the time to invest in a condominium. Condominiums are ideal homes because of their proximity to commercial establishments, a suite of on-site amenities, and round-the-clock security.

Bonifacio Global City (BGC) is one of the country’s leading central business and lifestyle districts. Located in the heart of Taguig City, BGC is home to multinational companies, lush parks, open spaces, shopping centers, and dining options. An active street life and public art around the city add personality and charm.

BGC’s central location makes investing in a property here an exceptional idea. Those who want to match its international allure may invest in Aurelia Residences, a limited collection of bespoke homes inspired by the sprezzatura, an effortless and understated sense of classic Italian elegance. Recently awarded the Best High Rise Condo Development in Asia at the PropertyGuru Property Awards 2023, this property offers breathtaking skyline views of the Manila Golf Club, Manila Polo Club, and Forbes Park, making it one of the most coveted addresses in the Philippines.

Pasig is a bustling metropolis filled with lifestyle destinations like Kapitolyo, a neighborhood known for its cafes, restaurants, and watering holes. Pasig is also known as a green city due to its environment-friendly efforts, like building parks and bike lanes. With the Ortigas Center, the city is a bustling community with diverse options for work and play.

Investors who want to enjoy this vibrant community may want to build their home at Haraya Residences. Residents can experience utmost privacy at this vertical gated village in Bridgetowne Estate while enjoying access to the township’s establishments and the wider Pasig area. The beautifully appointed abodes have Italian-inspired loggias or covered outdoor spaces, so homeowners can soak in the views of the green city and beyond.

Investors who want to express their individuality may purchase a unit at Laya by Shang Properties. Laya is a canvas for self-expression, with modern spaces that give residents the room to design their own homes. It’s perfect for those who want everything within reach: commercial centers, corporate headquarters, and the best weekend haunts.Mandaluyong is fondly known as the shopping mall capital of the Philippines because of its commercial centers like Shangri-la Plaza, SM Megamall, and The Podium. Besides being a shopping haven, Mandaluyong has a thriving commercial center with offices and open spaces like the Greenfield District.

Amidst this bustling city is Shang Residences at Wack Wack, an exclusive resort-inspired residential property which was named as the Best Luxury Development in Metro Manila in 2023 by Carousell Property Awards. It is set in splendidly landscaped gardens and neighbors the iconic heritage The Wack Wack Golf & Country Club. This peaceful residence offers some of the city’s most sought-after views: sweeping vistas over two 18-hole championship golf courses or toward the dramatic Makati skyline.

To learn more about Shang Properties, visit the website at shangproperties.com

Read more on https://thephilbiznews.com/2024/01/07/property-investments-to-watch-in-phl-for-2024/