We’re seeing the light at the end of the tunnel after a two-year slump. Demand in the residential property market is trending in the right direction these days, especially for preselling units in fringe cities and top Central Business Districts (CBDs). According to Colliers International Philippines’ second quarterly report, Metro Manila will be delivering 7,500 new residential units per year from 2021 to 2025.
With the return of office leasing and the acceleration of our economic recovery, coupled with low mortgage rates and flexible payment schemes, property buyers are now more assured when they buy a home. Invest in a property and they get another income stream, either to rent out or to flip, or have a dream unit. It is also worth noting that Colliers reports a 1.5% increase in property prices and a 1.7% increase in rentals in 2022.
In addition, included in the top fringe areas to buy real estate are Makati Fringe, Manila-North, and Manila-South. Another interesting trend that the firm observed is how the Bay Area has succeeded Makati CBDs in terms of condo supply. This puts the Bay Area at second place, next to Fort Bonifacio in Taguig.
With that said, all signs point to preselling property in 2022 around these areas as some pretty safe bets for growing your wealth. If you want to buy a home in the Philippines, make sure that you consider these condos for your property investment.
Grand View Tower, Pasay City
The best thing about Grand View Tower? You get easy access to the Bay Area, Makati, and Manila! Here, you get access to Mall of Asia, Robinsons Place Manila, and other top establishments. De La Salle University and the Makati Medical Center are just a few kilometers away, too.
This mixed-use residential development is ideal for students and young professionals. It also offers a contemporary living space and a host of amenities every urban dweller would love. Property prices here range from ₱4,431,840 to ₱15,728,160.
Amenities We Love:
- Family Lounge
- Playroom
- Function Room
- Gym
- Outdoor
- Main Lobby
- Shopping Mall
- Fitness Studio
Sail Residences, Pasay City
Reside in Pasay with Yes, an ocean-themed preselling condo is just what it sounds like. Live in a breezy, easy-going atmosphere here at Sail Residences. The project’s design is actually derived from seaside resorts and waterfront homes, for an elevated condo experience.
Unwind by the pool areas. Walk along the Pacific Park to get some fresh air. Celebrate life’s most important moments at the cabanas. It also helps that you get to live right in the middle of the Mall of Asia district. Buy real estate here for ₱8,859,000 to ₱13,957,000.
Amenities We Love:
- Cabana
- Gym
- Lounge
- Clubhouse
- Jogging Trail
- Swimming Pool
- Function Room
- Landscaped Gardens
Mint Residences, Makati City
Apart from having to reside in Makati, what Mint Residences gets you is a project with direct access to transport hubs, Makati’s best malls and companies, and the vibrant nightlife.
This SMDC development combines modernity and soft, natural tones to create a one-of-a-kind resort-like environment for its residents. You can buy a unit here anywhere between ₱6,293,000 and ₱16,436,000.
Amenities We Love:
- Lap Pool
- Kiddie Pool
- Fitness Gym
- Lounge Area
- Function Room
- Commercial Strip
- Kids Play Area
If you’re looking for a great deal on a new house or condo, you can book a free consultation with an Ohmyhome property agent today to get started. Learn more about listings from top developers like SMDC and Moldex Realty, Inc. right here.
For more information on the best and latest property listings nationwide and how our Ohmyhome’s online ecosystem helps investors like you, visit Ohmyhome.com or download the official Ohmyhome app.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.
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