When it comes to casinos, gaming, and entertainment complexes, Southern Metro Manila has it all. Bigwigs such as Solaire, Okada, and City of Dreams can all be found close to each other at the fabled Entertainment City. Meanwhile, Resorts World Manila is a few kilometers away and much nearer the international airport. Thankfully, Bloomberry Resorts Corporation, owner and operator of Solaire, has decided that Northern Metro Manila deserves its own place. As a result, the much-awaited Solaire North in Quezon City is opening within May of this year. Among the many sectors anticipating this opening are owners and investors of residential properties near Solaire North.

Make no mistake, casinos and entertainment complexes are great for the economy. For taxes alone in 2023, the Philippine Amusement and Gaming Corporation reported a nearly 35% gain in taxes collected from casinos and gaming companies versus the previous year. From a P59 billion haul, PAGCOR collected revenues of P79.37 billion in 2023, the bulk of which coming from earnings from licensed casinos and electronic games. Not only are casinos a revenue machine, they also generate plenty of local jobs as well as stimulate the local retail sector. In addition, the gaming industry can boost the local property sector. Beginning this May 2024, Quezon City is about to find out how casinos can make good things better.

Vertis North: The New City Center

Casinos generate a lot of jobs that require specialized skills. Operating 24 hours a day, casinos require a steady supply of employees such as dealers, pit bosses, floor managers, tellers, and entertainers. Casinos also need the constant presence of food and beverage workers, housekeeping staff, security personnel, and receptionists. Then, there’s the usual office staff working on administrative, human resources, and financial tasks. For many of these workers, especially the ones with supervisory positions and above, being near their place of work is a definitive advantage. It’s not just about arriving to work on time relatively fresh, it’s also about being within proximity in case of work emergencies such as short staffing or special events.

Thankfully, Solaire North is located at Vertis North, a thriving mixed business, residential, and commercial community in Quezon City. Aside from Solaire, Vertis is also home to another five star hotel in Seda Vertis North. The community is also home to a slew of BPO businesses and retail offices. However, Vertis North is more popular as the home of two of the country’s premier malls: Trinoma and Vertis. This pair of Ayala-owned and operated malls offer everything from retail shops to luxury brand outlets to fine dining establishments to cinemas.

The best part of Vertis North? It’s right along EDSA and North Avenue, which means access to Metro Manila’s most important roadway and home to several rail stations. Once the Grand Central Terminal completes later this year, Vertis North commuters can virtually go everywhere else in Metro Manila and beyond. Major business districts including BGC and the Bay Area as well as nearby provinces such as Bulacan and Cavite will soon be a train ride away.

The Value of Properties Near Solaire North

Homeowners in Vertis North not only get access to the most comprehensive transportation network in the country, Trinoma and Vertis also ensure they have everything they want downstairs. With the opening of Solaire North in a few months’ time, residents can now enjoy casino and gaming activities anytime. In addition, they’ll now have plenty of entertainment options thanks to Solaire’s love for inviting local and international talents. 

Understandably, demand for properties near Solaire North is steadily rising. The whole of Northern and Eastern Metro Manila (Caloocan, Valenzuela, Marikina, San Juan, and Pasig) will now have a playground that’s nearer compared to complexes in Pasay and Paranaque. Eventually, big players and suppliers will want to set up residences near the area. Similarly, casino supervisors and managers will also want a great place to stay along with their families.

High Park, Orean Place, and Avida Sola: Premier Properties Near Solaire North

Developers such as Avida and Alveo already had a head start at Vertis North. They anticipated the growth of Vertis North as both the railway system and major businesses converge in the area. As a result, Avida launched the first residential condominium back in 2018 with the three-tower Avida Vita.  Meanwhile, Alveo Land countered by opening High Park Vertis North, a premium twin-tower residential condominium a year later. Avida also opened Avida Sola during the pandemic in 2022, while Alveo’s Orean Place is set to open its doors later this year.

Both Avida and Alveo are part of the Ayala Group of companies, which means that they share the synergy and vision of the entire Vertis North community. It also means that these two developers also offer quality residential options that feature quality workmanship, excellent amenities, and well-organized communities. Private security teams patrol the entire community while each tower maintains its own staff of front desk, utility, and engineering teams. Swimming pools, fitness gyms, and kids’ playgrounds are standard features for each condominium. Throughout Vertis North, plenty of walking and biking paths are available for those wanting a break from the usual urban noise.

Plenty of Investment Opportunities

While investors and homebuyers might have missed out on the sold-out Avida Vita, they still have plenty of options available for Avida Sola, High Park, and Orean Place. Sola still has studio units measuring 22.39 sqm going for P5.3 million and one-bedroom options measuring 36.5 sqm selling at P8.93 million.

Meanwhile, Alveo’s High Park is the epitome of grand living in the Vertis North. Consisting of two towers that give a majestic view of Quezon City, High Park features bigger unit sizes and ultra-premium amenities. One-bedroom units measuring between 60-61 sqm are still available for P17.925 million. Meanwhile, two-bedroom units measuring between 88-93 sqm can be yours for P25 million. The best part? Units are ready for occupancy, so you can close the deal on any available unit and move in within days. Don’t expect these rooms to remain available for long, though.

Those who prefer a pre-selling option should check out Orean Place, Alveo’s other residential offering in Vertis North. Scheduled for completion within 2024, the property consists of two towers with 46 floors apiece. Right now one-bedroom units are completely sold out, but new investors can still acquire studio units (34 sqm) at P10.66 million. Two-bedroom units measuring a generous 91 sqm can be had for P26.188 million. Meanwhile, a huge 117 sqm three bedroom option is still available at P34.87 million.

Great Location, Projected Great Returns

Investors and new homeowners of any of these residences won’t have to worry about the area losing value over time. The North Triangle is the center of Metro Manila’s most modern transportation hub. Bus systems, overhead railways, and subways will all have major stops in the area. Even way back, the North Triangle area was already a hive of economic activity. This is mainly due to the retail pull from Trinoma, Vertis, and nearby SM North EDSA. Imagine the ever-increasing retail opportunities once the Grand Central Terminals start operating. The premium location and premier residences ensure that Vertis North remains a cut above the rest.

Aside from the projected transport boom, more business opportunities are rising within Vertis North. The opening of Solaire North will soon welcome a wave of prosperity. Jobs will open up as big-time players will want to try their luck there. Soon, Ayala Land will also open One Vertis Plaza, the future home for many of the country’s top 100 corporations. However, investors shouldn’t wait for more developments at this point. Like they always say, the best time to buy real estate is five years ago. In the case of Vertis North, now is the second best time to do so.

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