When purchasing real estate assets or real estate investments, location is crucial. Choosing a wise site for the construction of your ideal real estate properties will make life easier and more comfortable for the family.
Additionally, the location of your property can have a significant impact on the real estate's future value because the latter may be influenced by the expansion of the Philippine real estate market or by those in the region where you invest in real estate. The greater the value and greater the attraction of the real estate property to real estate investors, real estate developers, and reputable real estate agents, the more infrastructure projects, real estate projects, quick economic growth, and development are created in the region.
The list of real estate hotspots where you can build your dream real estate properties or have a real estate investment is one real estate investment idea that we can share with you if you are thinking about investing in Philippine properties this upcoming 2022. Here is the list of top locations in the Philippines for real estate properties:
Quezon City
The most populous of the sixteen cities and one municipality that make up the National Capital Region, Quezon City is regarded as a prime real estate location in the Philippines. It is the city closest to the provinces of Central Luzon and is situated northeast of Metro Manila.
Due to its location near some of the nation's most famous universities, such as the University of the Philippines, Ateneo de Manila, and Miriam College, Quezon City is home to the majority of Filipinos, especially students. Professionals, on the other hand, take refuge in the city since there are jobs accessible there in both the private and public sectors.
The three mass transit systems that are located in the city make it possible to travel through and between Quezon City and other central business districts in the metropolis. MRT Line 3 connects to EDSA's major thoroughfares, LRT Line 2 connects it to Manila, Marikina, and Rizal, and soon in 2022, MRT Line 7 with its 14 stations.
The city also gives access to government departments and agencies such the Department of Public Works and Highways, the National Irrigation Administration, the Department of Agriculture, the National Power Corporation, and the Department of Environmental and Natural Resources. Additionally, the city is home to commercial hubs and culinary hotspots like Eastwood City in Libis, Araneta Center in Cubao, and Maginhawa St. in Teacher's Village. Due to Quezon City's lower fair market value of properties compared to other cities in Metro Manila, real estate investing in the city is perfect for novices.
Makati
A well-known metropolis in Metro Manila, Makati City is distinguished by its skyscrapers, pricey shopping centers, dining establishments, and entertainment options. As the "Financial Capital of the Philippines" and "Wall Street" of Metro Manila, Makati City attracts professionals and foreign residents.
The city's commercial and central business districts, which are accessible via the majority of the city's public transportation options, including jeepneys, LRT and MRT, buses, and even the Pasig River Ferry, are home to IT facilities, business process outsourcing firms, and other local and international businesses because the city is a center.
In addition to providing public transportation, Makati City also provides tricycles that may take passengers into neighborhoods and right up to their homes. On most of Makati's roadways, taxis may also be accessible. If you have extra cash, it would be a terrific idea to invest in real estate in one of Metro Manila's major business districts because the real estate market there is vibrant and may yield excellent returns.
Pasig
Due to the presence of several industrial enterprises, BPOs, and offices of both domestic and foreign-owned businesses, Pasig City, like Makati, is recognized as one of Metro Manila's commercial districts. Cities like Mandaluyong, Quezon City, and San Juan border the city of Pasig. Its location is advantageous for those who require accessibility, particularly if their line of work necessitates frequent travel.
Despite the bustling pace of life in Pasig City, several of the city's main thoroughfares are car-free on the weekends so that cyclists and joggers may make the most of the area. Additionally, the city contains open-to-the-public pocket parks and a rainforest park where locals may take part in outdoor activities.
Ayala Malls The 30th, Estancia Mall, Tiendesitas, Metrowalk, and SM Mega Mall make Pasig a refuge for shopping centers and malls in addition to the city's primary business areas, giving its residents access to a lifestyle nirvana.
The fair market value of real estate property in Pasig, whether it be condominium units in low rise commercial buildings or residences and the lot is high and continues to improve year, is good, similar to Makati and Quezon City.
Taguig
Due to its proximity to major highways like the C-5, C-6, South Luzon Expressway, BGC-Ortigas Link Road, and the forthcoming Southeast Metro Manila Expressway, Taguig City is an easy escape from Metro Manila's Northern and Southern regions.
As a result of Taguig's current status as the pinnacle of city architecture, particularly in its blending of commercial and real estate properties and public facilities that are well-planned and maintained, the city is also a business haven with notable foreign organizations as well as top local businesses locating there.
Cebu City
Cebu, the oldest city in the Philippines and its first capital city, is referred to as the "Queen City of the South." Because of its location and economic development, the city is also regarded as a hotspot for real estate in the Philippines. Mactan, Bantayan, Malapascua, Olango, and the Camotes Islands are just a few of the 167 surrounding islands and islets that make up Cebu City, which is situated in the Central Visayas region.
The metropolitan center of the province is Cebu Metropolitan Area, or Metro Cebu. The second-largest metropolitan area in the Philippines is Metro Cebu, behind Metro Manila. The primary economic hub, the city's universities, colleges, and other educational institutions, as well as the country's port, are all located in Cebu City. The industrial firms and industries are located in Mandaue, whereas the international airport and export processing zones are on Mactan in Lapu-Lapu. The mining hub of the province is Danao, whereas Talisay is the residential area, home to many small and medium-sized businesses as well as houses and lots for sale in Cebu.
The Visayas and Mindanao regions' primary business, real estate, and commercial hubs are in Cebu City. Its main sectors are agriculture, fishing, industry, and tourism. The most significant agricultural crops are corn, rice, mango, coconut, banana, and peanuts. Tuna, Lapu-Lapu or grouper, sardines, flying fish, prawns, and crab are among the marine products produced in the province.
Currently, Cebu City offers top-notch amenities including five-star hotels, beach resorts, top-notch dining options, golf courses, and other sporting and recreational venues. To draw BPO and other foreign investment businesses, special economic zones have been been created in the province.
Davao City
King City, Davao City, is regarded by Philippine real estate as a real estate hotspot. Davao City takes pride in being one of the safest cities in the Philippines, if not the safest. It is lauded for both the city's overall order and discipline as well as its incredibly low crime rate. Despite its calm, Davao City is a thriving city that has distinguished itself as one of the fastest growing cities and boasts remarkable infrastructure, public utilities, and services.
Everybody who wants to maximize their income, especially those who want to expand with real estate investments, may greatly profit from Davao City's lower daily living expenses, such as food and transportation.
Baguio
Baguio City, the summer capital of the Philippines, is commonly referred to as the "City of Pines." It is situated around 250 kilometers north of Manila in the province of Benguet.
In Baguio City, the temperature ranges from 15 to 23 degrees Celsius on average. Filipinos and tourists swarm to this area since temperatures seldom get beyond 26°C in the city, even during the warmest months of the year.
The fact that Baguio City is a popular tourist destination and a highly urbanized province in the nation is one of the factors that makes real estate investing in this region a wise choice. The purchase of homes, lands, and condominium units created by Baguio real estate investors and developers is now being considered by Filipinos.
Cavite
On the island of Luzon, in the Calabarzon region of the Philippines, sits the province of Cavite. Metro Manila, Laguna, Batangas, and the South China Sea are its northern, eastern, southern, and western neighbors, respectively.
Cavite is referred to as the "Land of the Brave" or the "History Capital of the Philippines" because to its extensive National Heroes population and rich historical and cultural heritage. Additionally, it is one of the most traveled provinces in the nation. Due to the frigid climate in several of its towns, such Mendez and Tagaytay, tourists like visiting Cavite.
One of the regions in the nation with the fastest-growing populations and economies is Cavite. The city's economy continues to be driven by agricultural, industrial, business parks, and residential real estate, thus more Filipinos who don't already live here are thinking about moving there.